Common use of No Waiver of Lien Priorities Clause in Contracts

No Waiver of Lien Priorities. (a) No right of any Senior Secured Party to enforce any provision of this Agreement shall at any time in any way be prejudiced or impaired by any act or failure to act on the part of any Loan Party or by any act or failure to act by any Senior Secured Party, or by any noncompliance by any Person with the terms, provisions and covenants of this Agreement, any of the Senior Documents or any of the Junior Documents, regardless of any knowledge thereof which any Senior Secured Party may have or be otherwise charged with.

Appears in 7 contracts

Samples: Pledge and Security Agreement (Collective Brands, Inc.), Collateral Agency Agreement (Revlon Consumer Products Corp), Intercreditor and Collateral Agency Agreement (Revlon Consumer Products Corp)

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No Waiver of Lien Priorities. (a) No right of any Senior Secured Party to enforce any provision of this Agreement shall at any time in any way be prejudiced or impaired by any act or failure to act on the part of any Loan Credit Party or by any act or failure to act by any Senior Secured Party, or by any noncompliance by any Person with the terms, provisions and covenants of this Agreement, any of the Senior Documents or any of the Junior Documents, regardless of any knowledge thereof which any Senior Secured Party may have or be otherwise charged with.

Appears in 2 contracts

Samples: Intercreditor Agreement (Goodman Sales CO), Intercreditor Agreement (WCI Steel, Inc.)

No Waiver of Lien Priorities. (a) No right of any of the Senior Secured Party Financing Parties to enforce any provision of this Agreement shall at any time in any way be prejudiced or impaired by any act or failure to act on the part of any Loan Party Borrower or by any act or failure to act by any Senior Secured Financing Party, or by any noncompliance by any Person with the terms, provisions and covenants of this Agreement, any of the Senior Documents or any of the Junior Subordinated Documents, regardless of any knowledge thereof which any the Senior Secured Party Financing Parties may have or be otherwise charged with.

Appears in 2 contracts

Samples: Loan Agreement (Macquarie Infrastructure CO LLC), Loan Agreement (Macquarie Infrastructure CO LLC)

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No Waiver of Lien Priorities. (aj) No right of any Senior Secured Party to enforce any provision of this Agreement or any Senior Document shall at any time in any way be prejudiced or impaired by any act or of failure to act on the part of any Loan Party Grantor or by any act or failure to act by any Senior Secured Party, or by any noncompliance by any Person with the terms, provisions and covenants of this Agreement, Agreement or any of the Senior Documents or any of the Junior Documents, regardless of any knowledge thereof which any Senior Secured Party may have or be otherwise charged with.

Appears in 1 contract

Samples: Intercreditor Agreement (Blyth Inc)

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