Third Lien Collateral Documents definition
Examples of Third Lien Collateral Documents in a sentence
The Senior Collateral Agent acting pursuant to this Section 6.5 shall not have by reason of the Senior Collateral Documents, the Third Lien Collateral Documents, this Agreement or any other document or theory, a fiduciary relationship in respect of any Senior Collateral Agent, any Senior Claimholder, the Third Lien Collateral Agent or any Third Lien Claimholder.
Party A also hereby consents to the assignment of this Agreement (and the rights and obligations of Party B hereunder) pursuant to the First Lien Collateral Documents, the Second Lien Collateral Documents and the Third Lien Collateral Documents to the agent of the holders of the related secured obligations.
The Third Lien Collateral Documents and the 2012 Indenture are deemed to have been executed and delivered, and all extensions of credit thereunder are deemed to have been made or incurred, in reliance upon this Agreement.
Third Lien Agent acting pursuant to this Section 5.4 shall not have by reason of the Senior Lien Collateral Documents, the Third Lien Collateral Documents, or this Agreement a fiduciary relationship in respect of Revolving Agent, Term Loan Agent or any other Senior Lien Claimholder.
No right or benefit of any party hereunder shall at any time in any way be prejudiced or impaired by any act or failure to act on the part of such party or any other party hereto or by any noncompliance by the Credit Parties with the terms and conditions of any of the First Lien Collateral Documents, the Second Lien Collateral Documents or the Third Lien Collateral Documents.