Common use of Plan of Reorganization Clause in Contracts

Plan of Reorganization. (a) If, in any Insolvency Proceeding involving a Grantor, debt obligations of the reorganized debtor secured by Liens upon any property of the reorganized debtor are distributed pursuant to a plan of reorganization or similar dispositive restructuring plan, both on account of First Lien Obligations and on account of Second Lien Obligations, then, to the extent the debt obligations distributed on account of the First Lien Obligations and on account of the Second Lien Obligations are secured by Liens upon the same property, the provisions of this Agreement will survive the distribution of such debt obligations pursuant to such plan and will apply with like effect to the Liens securing such debt obligations.

Plan of Reorganization. (a) If, in any Insolvency Proceeding involving a Grantorthe Debtor, debt obligations of the reorganized debtor secured by Liens upon any property of the reorganized debtor are distributed pursuant to a confirmed plan of reorganization or similar dispositive restructuring plan, both on account of First Lien Obligations Debt and on account of Second Lien ObligationsDebt, then, to the extent the debt obligations distributed on account of the First Lien Obligations Debt and on account of the Second Lien Obligations Debt are secured by Liens upon the same property, the provisions of this Agreement will survive the distribution of such debt obligations pursuant to such plan and will apply with like effect to the Liens securing such debt obligations.

Plan of Reorganization. (a) If, in any Insolvency Proceeding involving a GrantorProceeding, debt obligations of the reorganized debtor secured by Liens upon any property of the reorganized debtor are distributed (in whole or in part) pursuant to a plan of reorganization reorganization, proposal or plan of compromise or arrangement or similar dispositive restructuring plan, both on account of First Lien ABL Obligations and on account of Second Lien Term Obligations, then, to the extent the debt obligations distributed on account of the First Lien ABL Obligations and on account of the Second Lien Term Obligations are secured by Liens upon the same property, the provisions of this Agreement will survive the distribution of such debt obligations pursuant to such plan and will apply with like effect to the Liens securing such debt obligations.

Plan of Reorganization. (a) If, in any Insolvency or Liquidation Proceeding involving a Grantor, debt obligations of the reorganized debtor secured by Liens upon any property of the reorganized debtor are distributed pursuant to a plan of reorganization or similar dispositive restructuring plan, both on account of First Lien ABL Obligations and on account of Second Lien Term Obligations, then, to the extent the debt obligations distributed on account of the First Lien ABL Obligations and on account of the Second Lien Term Obligations are secured by Liens upon the same property, the provisions of this Agreement will survive the distribution of such debt obligations pursuant to such plan and will apply with like effect to the Liens securing such debt obligations.

Plan of Reorganization. (a) If, in any Insolvency or Liquidation Proceeding involving a Grantor, debt obligations of the reorganized debtor secured by Liens upon any property of the reorganized debtor are distributed pursuant to a plan of reorganization or similar dispositive restructuring plan, both on account of First Lien Term Obligations and on account of Second Lien ABL Obligations, then, to the extent the debt obligations distributed on account of the First Lien Term Obligations and on account of the Second Lien ABL Obligations are secured by Liens upon the same property, the provisions of this Agreement will survive the distribution of such debt obligations pursuant to such plan and will apply with like effect to the Liens securing such debt obligations.

Plan of Reorganization. (a) If, in any Insolvency Proceeding involving a Grantor, debt obligations of the reorganized debtor secured by Liens upon any property of the reorganized debtor are distributed pursuant to a confirmed plan of reorganization or similar dispositive restructuring plan, compromise or arrangement, both on account of First Lien Obligations ABL Debt and on account of Second Lien ObligationsTerm Loan Debt, then, to the extent the debt obligations distributed on account of the First Lien Obligations ABL Debt and on account of the Second Lien Obligations Term Loan Debt are secured by Liens upon the same property, the provisions of this Agreement will survive the distribution of such debt obligations pursuant to such plan and will apply with like effect to the Liens securing such debt obligations.

Plan of Reorganization. (a) If, in any Insolvency Proceeding involving a Grantor, debt obligations of the reorganized debtor secured by Liens upon any property of the reorganized debtor are distributed or reinstated (in whole or in part) pursuant to a plan of reorganization or similar dispositive restructuring plan, both on account of First Lien ABL Obligations and on account of Second Lien Notes Obligations, then, to the extent the debt obligations distributed on account of the First Lien ABL Obligations and on account of the Second Lien Notes Obligations are secured by Liens upon the same property, the provisions of this Agreement will survive the distribution of such debt obligations pursuant to such plan and will apply with like effect to the Liens securing such debt obligations.

Plan of Reorganization. (a) If, in any Insolvency Proceeding involving a Grantor, debt obligations of the reorganized debtor secured by Liens upon any property of the reorganized debtor are distributed pursuant to a confirmed plan of reorganization or similar dispositive restructuring plan, both on account of First Lien Obligations ABL Debt and on account of Second Lien ObligationsTerm Debt, then, to the extent the debt obligations distributed on account of the First Lien Obligations ABL Debt and on account of the Second Lien Obligations Term Debt are secured by Liens upon the same property, the provisions of this Agreement will survive the distribution of such debt obligations pursuant to such plan and will apply with like effect to the Liens securing such debt obligations.

Plan of Reorganization. (a) If, in any Insolvency Proceeding involving a GrantorProceeding, debt obligations of the reorganized debtor secured by Liens upon any property of the reorganized debtor are distributed pursuant to a plan of reorganization or similar dispositive restructuring plan, both on account of First Lien Obligations and on account of Second Lien Obligations, then, to the extent the debt obligations distributed on account of the First Lien Obligations and on account of the Second Lien Obligations are secured by Liens upon the same property, the provisions of this Agreement will survive the distribution of such debt obligations pursuant to such plan and will apply with like effect to the Liens securing such debt obligations., and

Plan of Reorganization. (a) If, in any Insolvency Proceeding involving a GrantorProceeding, debt obligations of the any reorganized debtor Grantor secured by Liens upon any property of the reorganized debtor Grantor are distributed or reinstated (in whole or in part) pursuant to a plan Plan of reorganization or similar dispositive restructuring planReorganization, both on account of First Lien the Revolving Obligations and on account of Second Lien the Term Obligations, then, to the extent the debt obligations distributed on account of the First Lien Revolving Obligations and on account of the Second Lien Term Obligations are secured by Liens upon the same property, the relative Lien priorities and other provisions of this Agreement will survive the distribution of such debt obligations pursuant to such plan Plan of Reorganization and will apply with like effect to the Liens securing such debt obligations.

Plan of Reorganization. (a) If, in any Insolvency Proceeding involving a GrantorProceeding, debt obligations of the reorganized debtor secured by Liens upon any property of the reorganized debtor are distributed pursuant to a plan of reorganization or similar dispositive restructuring plan, both on account of First Lien Obligations and on account of Second Lien Note Obligations, then, to the extent the debt obligations distributed on account of the First Lien Obligations and on account of the Second Lien Note Obligations are secured by Liens upon the same property, the parties hereto expressly agree that the provisions of this Agreement will survive the distribution of such debt obligations pursuant to such plan and will apply with like effect to the Liens securing such debt obligations., and

Plan of Reorganization. (a) If, in any Insolvency Proceeding involving a Grantoror Liquidation Proceeding, debt obligations of the reorganized debtor secured by Liens upon any property of the reorganized debtor Common Collateral are distributed distributed, pursuant to a plan of reorganization or similar dispositive restructuring plan, both on account of First Lien Obligations ABL Claims and on account of Second Lien ObligationsTerm/Note Claims, then, to the extent the debt obligations distributed on account of the First Lien Obligations ABL Claims and on account of the Second Lien Obligations Term/Note Claims are secured by Liens upon the same propertyCommon Collateral, the provisions of this Agreement will survive the distribution of such debt obligations pursuant to such plan and will apply with like effect to the Liens securing such debt obligations.

Plan of Reorganization. (a) If, in any Insolvency or Liquidation Proceeding involving a Grantor, debt obligations of the reorganized debtor secured by Liens upon any property of the reorganized debtor are distributed pursuant to a plan of reorganization or similar dispositive restructuring plan, both on account of First Lien ABL Obligations and on account of Second Lien Note Obligations, then, to the extent the debt obligations distributed on account of the First Lien ABL Obligations and on account of the Second Lien Note Obligations are secured by Liens upon the same property, the provisions of this Agreement will survive the distribution of such debt obligations pursuant to such plan and will apply with like effect to the Liens securing such debt obligations.

Plan of Reorganization. (a) If, in any Insolvency Proceeding involving a GrantorProceeding, debt obligations of the reorganized debtor secured by Liens upon any property of the reorganized debtor Collateral are distributed distributed, pursuant to a plan of reorganization or similar dispositive restructuring plan, both on account of ABL Obligations and on account of First Lien Obligations and on account of Second Lien Notes Obligations, then, to the extent the debt obligations distributed on account of the First Lien ABL Obligations and on account of the Second First Lien Notes Obligations are secured by Liens upon the same propertyCollateral, the provisions of this Agreement will survive the distribution of such debt obligations pursuant to such plan and will apply with like effect to the Liens securing such debt obligations.

Plan of Reorganization. (a) If, in any Insolvency Proceeding involving a GrantorProceeding, debt obligations of the any reorganized debtor Grantor secured by Liens upon any property of the reorganized debtor Grantor are distributed or reinstated (in whole or in part) pursuant to a plan Plan of reorganization or similar dispositive restructuring planReorganization, both on account of First Lien the ABL Obligations and on account of Second Lien the Term Obligations, then, to the extent the debt obligations distributed on account of the First Lien ABL Obligations and on account of the Second Lien Term Obligations are secured by Liens upon the same property, the relative Lien priorities and other provisions of this Agreement will survive the distribution of such debt obligations pursuant to such plan Plan of Reorganization and will apply with like effect to the Liens securing such debt obligations.

Plan of Reorganization. (a) If, in any Insolvency Proceeding involving a Grantor, debt obligations of the reorganized debtor secured by Liens upon any property of the reorganized debtor are distributed pursuant to a plan of reorganization reorganization, compromise or arrangement, proposal or similar dispositive restructuring plan, both on account of First Lien Revolver Obligations and on account of Second Lien Term Loan Obligations, then, to the extent the debt obligations distributed on account of the First Lien Revolver Obligations and on account of the Second Lien Term Loan Obligations are secured by Liens upon the same property, the provisions of this Agreement will survive the distribution of such debt obligations pursuant to such plan and will apply with like effect to the Liens securing such debt obligations.

Plan of Reorganization. (a) If, in any Insolvency Proceeding involving a Grantoror Liquidation Proceeding, debt obligations of the reorganized debtor secured by Liens upon any property of the reorganized debtor are distributed pursuant to a plan of reorganization or similar dispositive restructuring plan, both on account of First Lien Senior Priority Obligations and on account of Second Lien Junior Priority Obligations, then, to the extent the debt obligations distributed on account of the First Lien Senior Priority Obligations and on account of the Second Lien Junior Priority Obligations are secured by Liens upon the same property, the provisions of this Agreement will survive the distribution of such debt obligations pursuant to such plan and will apply with like effect to the Liens securing such debt obligations.. ​

Plan of Reorganization. (a) If, in any Insolvency Proceeding involving a Grantorthe Borrower, debt obligations of the reorganized debtor secured by Liens upon any property of the reorganized debtor are distributed pursuant to a plan of reorganization or similar dispositive restructuring plan, both on account of First Lien Senior Obligations and on account of Second Lien Subordinated Obligations, then, to the extent the debt obligations distributed on account of the First Lien Senior Obligations and on account of the Second Lien Subordinated Obligations are secured by Liens upon the same property, the provisions of this Agreement will survive the distribution of such debt obligations pursuant to such plan and will apply with like effect to the Liens securing such debt obligations.

Plan of Reorganization. (a) If, in any Insolvency Proceeding involving a Grantor, debt obligations of the reorganized debtor secured by Liens upon any property of the reorganized debtor are distributed pursuant to a confirmed plan of reorganization or similar dispositive restructuring plan, both on account of First Lien Obligations ABL Debt and on account of Second Lien ObligationsTerm Loan Debt, then, to the extent the debt obligations distributed on account of the First Lien Obligations ABL Debt and on account of the Second Lien Obligations Term Loan Debt are secured by Liens upon the same property, the provisions of this Agreement will survive the distribution of such debt obligations pursuant to such plan and will apply with like effect to the Liens securing such debt obligations.

Plan of Reorganization. (a) If, in any Insolvency Proceeding involving a Grantor, debt obligations of the reorganized debtor secured by Liens upon any property of the reorganized debtor or equity are distributed pursuant to a confirmed plan of reorganization or similar dispositive restructuring plan, both on account of First Lien Obligations Debt and on account of Second Lien ObligationsDebt, then, to the extent the debt obligations distributed on account of the First Lien Obligations Debt and on account of the Second Lien Obligations Debt are secured by Liens upon the same property, the provisions of this Agreement will survive the distribution of such debt obligations or equity pursuant to such plan and will apply with like effect to the Liens securing such debt obligationsobligations or equity.

Plan of Reorganization. (a) If, in any Insolvency Proceeding involving a GrantorProceeding, debt obligations of the reorganized debtor secured by Liens upon any property of the reorganized debtor are distributed (in whole or in part) pursuant to a plan of reorganization Plan or similar dispositive restructuring plan, both on account of First Lien the ABL Obligations, the Term Loan Obligations and on account of Second Lien the Notes Obligations, then, to the extent the debt obligations distributed on account of the First Lien ABL Obligations, the Term Loan Obligations and on account of the Second Lien Notes Obligations are secured by Liens upon the same property, the provisions of this Agreement will survive the distribution of such debt obligations pursuant to such plan and will apply with like effect to the Liens securing such debt obligations.

Plan of Reorganization. (a) If, in any Insolvency Proceeding involving a GrantorProceeding, debt obligations of the reorganized debtor secured by Liens upon any property of the reorganized debtor are distributed (in whole or in part) pursuant to a plan of reorganization Plan or similar dispositive restructuring plan, both on account of First Lien ABL Obligations and on account of Second Lien Term Loan Obligations, then, to the extent the debt obligations distributed on account of the First Lien ABL Obligations and on account of the Second Lien Term Loan Obligations are secured by Liens upon the same property, the provisions of this Agreement will survive the distribution of such debt obligations pursuant to such plan and will apply with like effect to the Liens securing such debt obligations.

Plan of Reorganization. (a) If, in any Insolvency Proceeding involving a U.S. Grantor, debt obligations of the reorganized debtor secured by Liens upon any property of the reorganized debtor are distributed pursuant to a plan Plan of reorganization Reorganization or similar dispositive restructuring plan, both on account of First Senior Lien Obligations and on account of Second Junior Lien Obligations, then, to the extent the debt obligations distributed on account of the First Senior Lien Obligations and on account of the Second Junior Lien Obligations are secured by Liens upon the same property, the provisions of this Agreement will survive the distribution of such debt obligations pursuant to such plan and will apply with like effect to the Liens securing such debt obligations.

Plan of Reorganization. (a) If, in any Insolvency Proceeding involving a Grantor, debt obligations of the reorganized debtor secured by Liens upon any property of the reorganized debtor are distributed pursuant to a confirmed plan of reorganization or similar dispositive restructuring plan, both on account of First Lien Obligations Debt and on account of Second Lien ObligationsDebt, then, to the extent the debt obligations distributed on account of the First Lien Obligations Debt and on account of the Second Lien Obligations Debt are secured by Liens upon the same property, the provisions of this Agreement will survive the distribution of such debt obligations pursuant to such plan and will apply with like effect to the Liens securing such debt obligations.

Plan of Reorganization. (a) If, in any Insolvency Proceeding involving a Grantor, debt obligations of the reorganized debtor secured by Liens upon any property of the reorganized debtor are distributed pursuant to a plan Plan of reorganization Reorganization or similar dispositive restructuring plan, both on account of First Senior Lien Obligations and on account of Second Junior Lien Obligations, then, to the extent the debt obligations distributed on account of the First Senior Lien Obligations and on account of the Second Junior Lien Obligations are secured by Liens upon the same property, the provisions of this Agreement will survive the distribution of such debt obligations pursuant to such plan and will apply with like effect to the Liens securing such debt obligations.

Plan of Reorganization. (a) If, in any Insolvency Proceeding involving a Grantoror Liquidation Proceeding, debt obligations of the reorganized debtor secured by Liens upon any property of the reorganized debtor Common Collateral are distributed distributed, pursuant to a plan of reorganization or similar dispositive restructuring plan, both on account of First Lien Obligations Senior Priority Claims and on account of Second Lien ObligationsJunior Priority Claims, then, to the extent the debt obligations distributed on account of the First Lien Obligations Senior Priority Claims and on account of the Second Lien Obligations Junior Priority Claims are secured by Liens upon the same propertyCommon Collateral, the provisions of this Agreement will survive the distribution of such debt obligations pursuant to such plan and will apply with like effect to the Liens securing such debt obligations.

Plan of Reorganization. (a) If, in any Insolvency or Liquidation Proceeding involving a Grantor, debt obligations of the reorganized debtor secured by Liens upon any property of the reorganized debtor are distributed pursuant to a plan of reorganization or similar dispositive restructuring plan, both on account of First Lien Obligations and on account of Second Lien Obligations, then, to the extent the debt obligations distributed on account of the First Lien Obligations and on account of the Second Lien Obligations are secured by Liens upon the same property, the provisions of this Agreement will survive the distribution of such debt obligations pursuant to such plan and will apply with like effect to the Liens securing such debt obligations.

Plan of Reorganization. (ai) If, in any Insolvency Proceeding involving a Grantor, debt obligations of the reorganized debtor secured by Liens upon any property of the reorganized debtor are distributed pursuant to a confirmed plan of reorganization or similar dispositive restructuring plan, both on account of First Lien Obligations Senior Debt and on account of Second Lien ObligationsSubordinated Debt, then, to the extent the debt obligations distributed on account of the First Lien Obligations Senior Debt and on account of the Second Lien Obligations Subordinated Debt are secured by Liens upon the same property, the provisions of this Agreement will survive the distribution of such debt obligations pursuant to such plan and will apply with like effect to the Liens securing such debt obligations.

Plan of Reorganization. (aaj) If, in any Insolvency Proceeding involving a GrantorProceeding, debt obligations of the reorganized debtor secured by Liens upon any property of the reorganized debtor Collateral are distributed distributed, pursuant to a plan of reorganization or similar dispositive restructuring plan, both on account of ABL Obligations and on account of First Lien Obligations and on account of Second Lien Notes Obligations, then, to the extent the debt obligations distributed on account of the First Lien ABL Obligations and on account of the Second First Lien Notes Obligations are secured by Liens upon the same propertyCollateral, the provisions of this Agreement will survive the distribution of such debt obligations pursuant to such plan and will apply with like effect to the Liens securing such debt obligations.

Plan of Reorganization. (a) If, in any Insolvency Proceeding involving a Grantoror Liquidation Proceeding, debt obligations of the reorganized debtor secured by Liens upon any property of the reorganized debtor are distributed pursuant to a plan of reorganization or similar dispositive restructuring plan, both on account of First Lien Senior Priority Obligations and on account of Second Lien Junior Priority Obligations, then, to the extent the debt obligations distributed on account of the First Lien Senior Priority Obligations and on account of the Second Lien Junior Priority Obligations are secured by Liens upon the same property, the provisions of this Agreement will survive the distribution of such debt obligations pursuant to such plan and will apply with like effect to the Liens securing such debt obligations.