Common use of Limitation on Certain Actions Clause in Contracts

Limitation on Certain Actions. Subject to Section 3.2, until the earlier of (a) the date on which all Credit Facility Indebtedness is Fully Paid, and (b) the first date following the date on which the Maximum Amount of Credit Facility Indebtedness is Fully Paid, the Trustee will not, without the prior written consent of the Credit Facility Secured Party, take any Enforcement Action.

Appears in 3 contracts

Samples: Intercreditor Agreement (Jalou Cashs LLC), Loan and Security Agreement (Majestic Investor Capital Corp), Intercreditor Agreement (Riviera Holdings Corp)

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Limitation on Certain Actions. Subject to Section 3.2, until the earlier of (a) the date on which all Credit Facility Indebtedness is Fully Paid, and (b) the first date following the date on which the Maximum Amount of Credit Facility Indebtedness is Fully Paid, the Trustee will not, without the prior written consent of the Credit Facility Secured PartySenior Creditor, take any Enforcement Action.

Appears in 2 contracts

Samples: Intercreditor Agreement (TWC Holding Corp.), Intercreditor Agreement (Wornick CO Right Away Division, L.P.)

Limitation on Certain Actions. Subject to Section SECTION 3.2, until the earlier of (a) the date on which all Credit Facility Indebtedness is Fully Paid, and (b) the first date following the date on which the Maximum Amount of Credit Facility Indebtedness is Fully Paid, the Trustee will not, without the prior written consent of the Credit Facility Secured Party, take any Enforcement Action.

Appears in 2 contracts

Samples: Intercreditor Agreement (Majestic Investor Capital Corp), Pledge and Security Agreement (Majestic Investor Capital Corp)

Limitation on Certain Actions. Subject to Section 3.2, until the earlier of (a) the date on which all Credit Facility Indebtedness is Fully Paid, Paid and (b) the first date following the date Trigger Date on which the Maximum Amount of Credit Facility Indebtedness is Fully Paid, the Trustee will not, without the prior written consent of the Credit Facility Secured PartyLender, take any Enforcement Action.

Appears in 2 contracts

Samples: Intercreditor Agreement (Peninsula Gaming Corp), Intercreditor Agreement (Peninsula Gaming Corp)

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Limitation on Certain Actions. Subject to Section SECTION 3.2, until the earlier of (a) the date on which all Credit Facility Indebtedness is Fully Paid, and (b) the first date following the date on which the Maximum Amount of Credit Facility Indebtedness is Fully Paid, the Trustee will not, without the prior written consent of the Credit Facility Secured PartyAdministrative Agent, take any Enforcement Action.

Appears in 1 contract

Samples: Intercreditor Agreement (Penton Media Inc)

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