Relations among Holders. Each Purchaser agrees that it will not take any legal action, nor institute any actions or proceedings, against the Issuer or any other Obligor hereunder, without the prior written consent of the Required Holders. Without limiting the generality of the foregoing, no Holder may accelerate or otherwise enforce its portion of the Obligations, except in accordance with SECTION 8.02.
Appears in 1 contract
Sources: Senior Subordinated Note Purchase Agreement (National Record Mart Inc /De/)
Relations among Holders. Each Purchaser agrees that it will not take any legal action, nor institute any actions or proceedings, against the Issuer or any other Obligor hereunderhereunder or with respect to any Collateral, without the prior written consent of the Required Holders. Without limiting the generality of the foregoing, no Holder may accelerate or otherwise enforce its portion of the Obligations, except in accordance with SECTION 8.02.
Appears in 1 contract
Sources: Senior Subordinated Secured Note Purchase Agreement (National Record Mart Inc /De/)
Relations among Holders. Each Purchaser agrees that it will not take any legal action, nor institute any actions or proceedings, against the Issuer or any other Obligor hereunderhereunder or with respect to any Collateral, without the prior written consent of the Required Holders. Without limiting the generality of the foregoing, no Holder may accelerate or otherwise enforce its portion of the Obligations, except in accordance with SECTION Section 8.02.. ------------
Appears in 1 contract
Sources: Note Purchase Agreement (Western Micro Technology Inc /De)