Common use of Limitation of responsibility of Existing Lenders Clause in Contracts

Limitation of responsibility of Existing Lenders. 7. [The New Lender hereby agrees with each other person who is or who becomes a party to the Intercreditor Agreement that with effect on and from the Transfer Date it will be bound by the Intercreditor Agreement as a Senior Creditor as if it had been party originally to the Intercreditor Agreement in that capacity and that it shall perform all of the undertakings and agreement set out in the Intercreditor Agreement and given by a Senior Creditor.] / [In consideration of the New Lender being accepted as a Senior Creditor for the purposes of the Intercreditor Agreement, the New Lender confirms that, as from Transfer Date, it intends to be party to the Intercreditor Agreement as a Senior Creditor and undertakes to perform all the obligations expressed in the Intercreditor Agreement to be assumed by a Senior Creditor and agrees that it shall be bound by all the provisions of the Intercreditor Agreement, as if it had been an original party to the Intercreditor Agreement.]

Limitation of responsibility of Existing Lenders. 7. [The New Lender hereby agrees with each other person who is or who becomes a party to the Intercreditor Agreement that with effect on and from the Transfer Date it will be bound by the Intercreditor Agreement as a Senior Super Priority Creditor as if it had been party originally to the Intercreditor Agreement in that capacity and that it shall perform all of the undertakings and agreement set out in the Intercreditor Agreement and given by a Senior Super Priority Creditor.] / [In consideration of the New Lender being accepted as a Senior Super Priority Creditor for the purposes of the Intercreditor Agreement, the New Lender confirms that, as from Transfer Date, it intends to be party to the Intercreditor Agreement as a Senior Super Priority Creditor and undertakes to perform all the obligations expressed in the Intercreditor Agreement to be assumed by a Senior Super Priority Creditor and agrees that it shall be bound by all the provisions of the Intercreditor Agreement, as if it had been an original party to the Intercreditor Agreement.]

Limitation of responsibility of Existing Lenders. 74. [The New Lender hereby agrees with each other person who is or who becomes a party to the Intercreditor Agreement that with effect on and from the Transfer Date it will be bound by the Intercreditor Agreement as a Senior Super Priority Creditor as if it had been party originally to the Intercreditor Agreement in that capacity and that it shall perform all of 195 the undertakings and agreement set out in the Intercreditor Agreement and given by a Senior Super Priority Creditor.] / [In consideration of the New Lender being accepted as a Senior Super Priority Creditor for the purposes of the Intercreditor Agreement, the New Lender confirms that, as from Transfer Date, it intends to be party to the Intercreditor Agreement as a Senior Super Priority Creditor and undertakes to perform all the obligations expressed in the Intercreditor Agreement to be assumed by a Senior Super Priority Creditor and agrees that it shall be bound by all the provisions of the Intercreditor Agreement, as if it had been an original party to the Intercreditor Agreement.]

Limitation of responsibility of Existing Lenders. 74. [The New Lender hereby agrees with each other person who is or who becomes a party to the Intercreditor Agreement that with effect on and from the Transfer Date it will be bound by the Intercreditor Agreement as a Senior Creditor as if it had been party originally to the Intercreditor Agreement in that capacity and that it shall perform all of the undertakings and agreement set out in the Intercreditor Agreement and given by a Senior Creditor.] / [In consideration of the New Lender being accepted as a Senior Creditor for the purposes of the Intercreditor Agreement, the New Lender confirms that, as from Transfer Date, it intends to be party to the Intercreditor Agreement as a Senior Creditor and undertakes to perform all the obligations expressed in the Intercreditor Agreement to be assumed by a Senior Creditor and agrees that it shall be bound by all the provisions of the Intercreditor Agreement, as if it had been an original party to the Intercreditor Agreement.]

Limitation of responsibility of Existing Lenders. 74. [The New Lender hereby agrees with each other person who is or who becomes a party to the Intercreditor Agreement that with effect on and from the Transfer Date it will be bound by the Intercreditor Agreement as a Senior Creditor as if it had been party originally to the Intercreditor Agreement in that capacity and that it shall perform all of the undertakings and agreement set out in the Intercreditor Agreement and given by a Senior Creditor.] / [In consideration of the New Lender being accepted as a Senior Creditor for 208 the purposes of the Intercreditor Agreement, the New Lender confirms that, as from Transfer Date, it intends to be party to the Intercreditor Agreement as a Senior Creditor and undertakes to perform all the obligations expressed in the Intercreditor Agreement to be assumed by a Senior Creditor and agrees that it shall be bound by all the provisions of the Intercreditor Agreement, as if it had been an original party to the Intercreditor Agreement.]

Limitation of responsibility of Existing Lenders. 74. [The New Lender hereby agrees with each other person who is or who becomes a party to the Intercreditor Agreement that with effect on and from the Transfer Date it will be bound by the Intercreditor Agreement as a Senior Creditor as if it had been party originally to the Intercreditor Agreement in that capacity and that it shall perform all of the undertakings and agreement set out in the Intercreditor Agreement and given by a Senior Creditor.] / [In consideration of the New Lender being accepted as a Senior Creditor for the purposes of the Intercreditor Agreement, the New Lender confirms that, as from Transfer Date, it intends to be party to the Intercreditor Agreement as a Senior Creditor 170 63140965_9 and undertakes to perform all the obligations expressed in the Intercreditor Agreement to be assumed by a Senior Creditor and agrees that it shall be bound by all the provisions of the Intercreditor Agreement, as if it had been an original party to the Intercreditor Agreement.]

Limitation of responsibility of Existing Lenders. 74. [The New Lender hereby agrees with each other person who is or who becomes a party to the Intercreditor Agreement that with effect on and from the Transfer Date it will be bound by the Intercreditor Agreement as a Senior Super Priority Creditor as if it had been party originally to the Intercreditor Agreement in that capacity and that it shall perform all of the undertakings and agreement set out in the Intercreditor Agreement and given by a Senior Super Priority Creditor.] / [In consideration of the New Lender being accepted as a Senior Super Priority Creditor for the purposes of the Intercreditor Agreement, the New Lender confirms that, as from Transfer Date, it intends to be party to the Intercreditor Agreement as a Senior Super Priority Creditor and undertakes to perform all the obligations expressed in the Intercreditor Agreement to be assumed by a Senior Super Priority Creditor and agrees that it shall be bound by all the provisions of the Intercreditor Agreement, as if it had been an original party to the Intercreditor Agreement.]