Common use of Additional Debt Facilities Clause in Contracts

Additional Debt Facilities. To the extent, but only to the extent, permitted by the provisions of the Senior Debt Documents and the Second Priority Debt Documents, the Company may incur or issue and sell one or more series or classes of Second Priority Debt. Any such additional class or series of Second Priority Debt (the “Second Priority Class Debt”) may be secured by a second priority, subordinated Lien on Shared Collateral, in each case under and pursuant to the relevant Second Priority Collateral Documents for such Second Priority Class Debt, if and subject to the condition that the Representative of any such Second Priority Class Debt (each, a “Second Priority Class Debt Representative”), acting on behalf of the holders of such Second Priority Class Debt (such Representative and holders in respect of any Second Priority Class Debt being referred to as the “Second Priority Class Debt Parties”), becomes a party to this Agreement by satisfying conditions (i) through (iii), as applicable, of the immediately succeeding paragraph. In order for a Second Priority Class Debt Representative to become a party to this Agreement:

Additional Debt Facilities. To the extent, but only to the extent, permitted by the provisions of the Senior Priority Debt Documents and the Second Junior Priority Debt DocumentsDocuments then in effect, the Company Borrower or any other Grantor may incur or issue and sell Incur one or more series or classes of Second Additional Junior Priority Debt. Any such additional class or series of Second Additional Junior Priority Debt (the “Second "Junior Priority Class Debt”") may be secured by a second priority, subordinated Junior Priority Lien on Shared Collateral, in each case under and pursuant to the relevant Second Junior Priority Collateral Documents for such Second Junior Priority Class Debt, if and subject to the condition that the Representative of any such Second Junior Priority Class Debt (each, a “Second "Junior Priority Class Debt Representative”"), acting on behalf of the holders of such Second Junior Priority Class Debt (such Representative and holders in respect of any Second Junior Priority Class Debt being referred to as the “Second "Junior Priority Class Debt Parties”"), becomes a party to this Agreement by satisfying conditions (i) through (iii), as applicable, of the immediately succeeding paragraph, and Section 8.09(b). In order for a Second Junior Priority Class Debt Representative to become a party to this Agreement: