Common use of Relief From Stay Clause in Contracts

Relief From Stay. Until the Discharge of Senior Lien Obligations has occurred, the Junior Lien Agent, on behalf of itself and the Junior Lien Secured Parties, agrees not to seek relief from or modification of the automatic stay or any other stay in any Insolvency Proceeding in respect of any portion of the Collateral, any Proceeds thereof or any Lien in respect of the Junior Lien Obligations, in each case without the Senior Lien Agent’s express prior written consent.

Relief From Stay. Until the Discharge of Senior Lien Obligations has occurred, the each Junior Lien Agent, on behalf of itself and the Junior Lien Secured PartiesParties represented by it, agrees not to seek relief from or modification of the automatic stay or any other stay in any Insolvency Proceeding in respect of any portion of the Collateral, any Proceeds thereof or any Lien in respect of the Junior Lien Obligations, in each case without the Designated Senior Lien Agent’s express prior written consent.