Post-Petition Interest. (a) Neither the Second Lien Collateral Agent nor any Second Lien Claimholder shall oppose or seek to challenge any claim by the First Lien Collateral Agent or any First Lien Claimholder for allowance in any Insolvency or Liquidation Proceeding of First Lien Obligations consisting of Post-Petition Interest to the extent of the value of any First Lien Claimholder’s Lien, without regard to the existence of the Lien of the Second Lien Collateral Agent on behalf of the Second Lien Claimholders on the Collateral. (b) Neither the First Lien Collateral Agent nor any other First Lien Claimholder shall oppose or seek to challenge any claim by the Second Lien Collateral Agent or any Second Lien Claimholder for allowance in any Insolvency or Liquidation Proceeding of Second Lien Obligations consisting of Post-Petition Interest to the extent of the value of the Lien of the Second Lien Collateral Agent on behalf of the Second Lien Claimholders on the Collateral (after taking into account the value of the First Lien Obligations).
Appears in 4 contracts
Sources: Indenture (KCG Holdings, Inc.), Amendment and Restatement Agreement (KAR Auction Services, Inc.), Intercreditor Agreement (KCG Holdings, Inc.)
Post-Petition Interest. (a) Neither the Second Lien Collateral Agent nor any Second Lien Claimholder shall oppose or seek to challenge any claim by the First Lien Collateral Agent or any First Lien Claimholder for allowance in any Insolvency or Liquidation Proceeding of First Lien Obligations consisting of Postpost-Petition Interest petition interest, fees or expenses to the extent of the value of any First Lien Claimholder’s Lien, without regard to the existence of the Lien of the Second Lien Collateral Agent on behalf of the Second Lien Claimholders on the Collateral.
(b) Neither the First Lien Collateral Agent nor any other First Lien Claimholder shall oppose or seek to challenge any claim by the Second Lien Collateral Agent or any Second Lien Claimholder for allowance in any Insolvency or Liquidation Proceeding of Second Lien Obligations consisting of Postpost-Petition Interest petition interest, fees or expenses to the extent of the value of the Lien of the Second Lien Collateral Agent on behalf of the Second Lien Claimholders on the Collateral (after taking into account the value of the First Lien ObligationsCollateral).
Appears in 4 contracts
Sources: First Lien Credit and Guaranty Agreement (Arizona Chemical Ltd.), Second Lien Credit and Guaranty Agreement (Arizona Chemical Ltd.), Intercreditor Agreement (Day International Group Inc)
Post-Petition Interest. (a) Neither the Second Lien Collateral Agent nor any Second Lien Claimholder shall oppose or seek to challenge any claim by the First Lien Collateral Agent or any First Lien Claimholder for allowance in any Insolvency or Liquidation Proceeding of First Lien Obligations consisting of Postpost-Petition Interest petition interest, fees or expenses to the extent of the value of any the First Lien Claimholder’s 's Lien, without regard to the existence of the Lien of the Second Lien Collateral Agent on behalf of the Second Lien Claimholders on the Collateral.
(b) Neither the First Lien Collateral Agent nor any other First Lien Claimholder shall oppose or seek to challenge any claim by the Second Lien Collateral Agent or any Second Lien Claimholder for allowance in any Insolvency or Liquidation Proceeding of Second Lien Obligations consisting of Postpost-Petition Interest petition interest, fees or expenses to the extent of the value of the Lien of the Second Lien Collateral Agent on behalf of the Second Lien Claimholders on the Collateral (after taking into account the value of the First Lien ObligationsCollateral).
Appears in 3 contracts
Sources: Credit Agreement (Carmike Cinemas Inc), Credit and Guaranty Agreement (Carmike Cinemas Inc), Intercreditor Agreement (American Reprographics CO)
Post-Petition Interest. (a) Neither the Second Lien Subordinated Collateral Agent Trustee nor any Second Subordinated Lien Claimholder shall oppose or seek to challenge any claim by the First Lien Collateral Agent or any First Lien Claimholder for allowance in any Insolvency or Liquidation Proceeding of First Lien Obligations consisting of Post-Post Petition Interest to the extent of the value of any First Lien Claimholder’s Lien, without regard to the existence of the Lien of the Second Lien Subordinated Collateral Agent Trustee on behalf of the Second Subordinated Lien Claimholders on the Collateral.
(b) Neither the First Lien Collateral Agent nor any other First Lien Claimholder shall oppose or seek to challenge any claim by the Second Lien Subordinated Collateral Agent Trustee or any Second Subordinated Lien Claimholder for allowance in any Insolvency or Liquidation Proceeding of Second Subordinated Lien Obligations consisting of Post-Post Petition Interest to the extent of the value of the Lien of the Second Lien Subordinated Collateral Agent Trustee on behalf of the Second Subordinated Lien Claimholders on the Collateral (after taking into account the value of the First Lien Obligations).
Appears in 2 contracts
Sources: First and Subordinated Lien Intercreditor Agreement (CVR Energy Inc), Credit and Guaranty Agreement (CVR Energy Inc)
Post-Petition Interest. (a) Neither the Second Lien Collateral Agent nor any other Second Lien Claimholder Creditor shall oppose or seek to challenge any claim by the First Lien Collateral Agent or any other First Lien Claimholder Creditor for allowance in any Insolvency or Liquidation Proceeding of First Lien Obligations consisting of Postpost-Petition Interest petition interest, fees or expenses, or the payment of any such amount during the pendency of such proceedings, to the extent of the value of any the Lien on the Collateral of the First Lien Claimholder’s LienCreditors, without regard to the existence of the Lien of the Second Lien Collateral Agent on behalf of and the other Second Lien Claimholders on the CollateralCreditors.
(b) Neither the First Lien Collateral Agent nor any other First Lien Claimholder Creditor shall oppose or seek to challenge any claim by the Second Lien Collateral Agent or any other Second Lien Claimholder Creditor for allowance in any Insolvency or Liquidation Proceeding of Second Lien Obligations consisting of Postpost-Petition Interest petition interest, fees or expenses to the extent of the value of the Lien on the Collateral of the Second Lien Collateral Agent on behalf of the Second Lien Claimholders on the Collateral Creditors (after taking into account the value Lien of the First Lien Creditors on the Collateral and the extent of the First Lien Obligations, including any post-petition interest, fees or expenses included in such First Lien Obligations).
Appears in 2 contracts
Sources: Intercreditor Agreement (Rand Logistics, Inc.), Intercreditor Agreement (Rand Logistics, Inc.)
Post-Petition Interest. (a) Neither the The Second Lien Collateral Agent nor any Second Lien Claimholder Creditor shall not oppose or seek to challenge any claim by the First Lien Collateral Agent or any other First Lien Claimholder Creditor for allowance in any Insolvency or Liquidation Proceeding of First Lien Obligations consisting of Postpost-Petition Interest petition interest, fees or expenses, or the payment of any such amount during the pendency of such proceedings, to the extent of the value of any the Lien on the Collateral of the First Lien Claimholder’s LienCreditors, without regard to the existence of the Lien of the Second Lien Collateral Agent on behalf of the Second Lien Claimholders on the CollateralCreditor.
(b) Neither the First Lien Collateral Agent nor any other First Lien Claimholder Creditor shall oppose or seek to challenge any claim by the Second Lien Collateral Agent or any Second Lien Claimholder Creditor for allowance in any Insolvency or Liquidation Proceeding of Second Lien Obligations consisting of Postpost-Petition Interest petition interest, fees or expenses to the extent of the value of the Lien on the Collateral of the Second Lien Collateral Agent on behalf of the Second Lien Claimholders on the Collateral Creditor (after taking into account the value Lien of the First Lien Creditors on the Collateral and the extent of the First Lien Obligations, including any post-petition interest, fees or expenses included in such First Lien Obligations).
Appears in 1 contract
Post-Petition Interest. (a) Neither the Second Lien Collateral Agent Trustee nor any Second Lien Claimholder shall oppose or seek to challenge any claim by the First Lien Collateral Agent or any First Lien Claimholder for allowance in any Insolvency or Liquidation Proceeding of First Lien Obligations consisting of Postpost-Petition Interest petition interest, fees or expenses to the extent of the value of any the Lien of the First Lien Claimholder’s Lien, Agent on behalf of the First Lien Claimholders on the Collateral without regard to the existence of the Lien of the Second Lien Collateral Agent Trustee on behalf of the Second Lien Claimholders on the Collateral.
(b) Neither the First Lien Collateral Agent nor any other First Lien Claimholder shall oppose or seek to challenge any claim by the Second Lien Collateral Agent Trustee or any Second Lien Claimholder for allowance in any Insolvency or Liquidation Proceeding of Second Lien Obligations consisting of Postpost-Petition Interest petition interest, fees or expenses to the extent of the value of the Lien of the Second Lien Collateral Agent Trustee on behalf of the Second Lien Claimholders on the Collateral (Collateral, after taking into account the value Lien of the First Lien Obligations)Agent on behalf of the First Lien Claimholders on the Collateral.
Appears in 1 contract
Sources: Intercreditor Agreement (Quintiles Transnational Corp)
Post-Petition Interest. (a) Neither the Second Lien Collateral Agent nor any Second Lien Claimholder shall oppose or seek to challenge any claim by the First Lien Collateral Agent or any First Lien Claimholder for allowance in any Insolvency or Liquidation Proceeding of First Lien Obligations consisting of Post-Petition Interest to the extent of the value of any First Lien Claimholder’s LienLien on the Collateral, without regard to the existence of the Lien of the Second Lien Collateral Agent on behalf of or the Second Lien Claimholders on the Collateral.
(b) Neither the First Lien Collateral Agent nor any other First Lien Claimholder shall oppose or seek to challenge any claim by the Second Lien Collateral Agent or any Second Lien Claimholder for allowance in any Insolvency or Liquidation Proceeding of Second Lien Obligations consisting of Post-Petition Interest to the extent of the value of the Lien of the Second Lien Collateral Agent Agent, on behalf of the Second Lien Claimholders Claimholders, on the Collateral (after taking into account the value amount of the First Lien Obligations).
Appears in 1 contract
Sources: Credit Agreement (RadNet, Inc.)
Post-Petition Interest. (a) Neither the Second Lien Collateral Agent nor any Second Lien Claimholder shall oppose or seek to challenge any claim by the First Lien Collateral Agent or any First Lien Claimholder for allowance in any Insolvency or Liquidation Proceeding of First Lien Obligations consisting of Post-Petition Interest to the extent of the value of any First Lien Claimholder’s Lien, without regard to the existence of the Lien of the Second Lien Collateral Agent on behalf of the Second Lien Claimholders on the Common Collateral.
(b) Neither the First Lien Collateral Agent nor any other First Lien Claimholder shall oppose or seek to challenge any claim by the Second Lien Collateral Agent or any Second Lien Claimholder for allowance in any Insolvency or Liquidation Proceeding of Second Lien Obligations consisting of Post-Petition Interest to the extent of the value of the Lien of the Second Lien Collateral Agent on behalf of the Second Lien Claimholders on the Common Collateral (after taking into account the value of the First Lien Obligations).
Appears in 1 contract
Post-Petition Interest. (a) Neither the Second Lien Collateral Agent Creditor nor any Second Lien Claimholder Secured Party shall oppose or seek to challenge any claim by the First Lien Collateral Agent or any First Lien Claimholder Secured Party for allowance in any Insolvency or Liquidation Proceeding of First Lien Obligations consisting of Postpost-Petition Interest petition interest, fees or expenses to the extent of the value of any First Lien ClaimholderSecured Party’s Lien, without regard to the existence of the Lien on the Collateral of the Second Lien Collateral Agent Creditor on behalf of the Second Lien Claimholders on the CollateralSecured Parties.
(b) Neither the First Lien Collateral Agent nor any other First Lien Claimholder Secured Party shall oppose or seek to challenge any claim by the Second Lien Collateral Agent Creditor or any Second Lien Claimholder Secured Parties for allowance in any Insolvency or Liquidation Proceeding of the applicable Second Lien Obligations consisting of Postpost-Petition Interest petition interest, fees or expenses to the extent of the value of the Lien on the Collateral of the Second Lien Creditor on behalf of the Second Lien Secured Parties (after taking into account the Lien on the Collateral of the First Lien Collateral Agent on behalf of the Second Lien Claimholders on the Collateral (after taking into account the value of the First Lien ObligationsSecured Parties).
Appears in 1 contract
Sources: Intercreditor Agreement (Uranium Resources Inc /De/)
Post-Petition Interest. (a) Neither the Second Lien Collateral Agent nor any Second Lien Claimholder shall oppose or seek to challenge any claim by the First Lien Collateral Administrative Agent or any First Lien Claimholder for allowance in any Insolvency or Liquidation Proceeding of First Lien Obligations consisting of Postpost-Petition Interest petition interest, fees or expenses to the extent of the value of any First Lien Claimholder’s Lien, without regard to the existence of the Lien of the Second Lien Collateral Agent on behalf of the Second Lien Claimholders on the Collateral.
(b) Neither the First Lien Collateral Administrative Agent nor any other First Lien Claimholder shall oppose or seek to challenge any claim by the Second Lien Collateral Agent or any Second Lien Claimholder for allowance in any Insolvency or Liquidation Proceeding of Second Lien Obligations consisting of Postpost-Petition Interest petition interest, fees or expenses to the extent of the value of the Lien of the Second Lien Collateral Agent on behalf of the Second Lien Claimholders on the Collateral (after taking into account the value of the First Lien ObligationsObligations secured by a Lien on such Collateral).
Appears in 1 contract
Post-Petition Interest. (a) Neither None of the Second Junior Lien Collateral Agent nor or any Second other Junior Lien Claimholder shall oppose or seek to challenge any claim by the First Senior Lien Collateral Agent or any First other Senior Lien Claimholder for allowance in any Insolvency or Liquidation Proceeding of First Senior Lien Obligations consisting of Post-Post- Petition Interest to the extent of the value of any First Senior Lien Claimholder’s LienLien on the Collateral, without regard to the existence of the Lien Liens of the Second Junior Lien Collateral Agent on behalf of or the Second other Junior Lien Claimholders on the Collateral.
(b) Neither . None of the First Lien Collateral Agent, Second Lien Collateral Agent nor or any other First Senior Lien Claimholder shall oppose or seek to challenge any claim by the Second Junior Lien Collateral Agent or any Second other Junior Lien Claimholder for allowance in any Insolvency or Liquidation Proceeding of Second Junior Lien Obligations consisting of Post-Petition Interest to the extent of the value of the Lien of the Second Junior Lien Collateral Agent Agent, on behalf of the Second Junior Lien Claimholders Claimholders, on the Collateral (after taking into account the value amount of the First Senior Lien Obligations).
Appears in 1 contract
Sources: Intercreditor Agreement
Post-Petition Interest. (a) Neither the No Second Lien Collateral Agent nor any Second Lien Claimholder shall oppose or seek to challenge any claim by the any First Lien Collateral Agent or any First Lien Claimholder for allowance in any Insolvency or Liquidation Proceeding of First Lien Obligations consisting of Postpost-Petition Interest petition interest, fees or expenses to the extent of the value of any Liens of the First Lien Claimholder’s LienCollateral Agents and the First Lien Claimholders, without regard to the existence of the Lien Liens of the Second Lien Collateral Agent on behalf of Agents and the Second Lien Claimholders on the Collateral.
(b) Neither the No First Lien Collateral Agent nor any other First Lien Claimholder shall oppose or seek to challenge any claim by the any Second Lien Collateral Agent or any Second Lien Claimholder for allowance in any Insolvency or Liquidation Proceeding of Second Lien Obligations consisting of Postpost-Petition Interest petition interest, fees or expenses to the extent of the value of the Lien Liens of the Second Lien Collateral Agent on behalf of Agents and the Second Lien Claimholders on the Collateral (after taking into account the value Liens of the First Lien ObligationsCollateral Agents and the First Lien Claimholders on the Collateral).
Appears in 1 contract
Post-Petition Interest. (a) Neither the Second Lien Collateral Agent nor any other Second Lien Claimholder Secured Party shall oppose or seek to challenge any claim by the First Lien Collateral Agent or any First Lien Claimholder Secured Party for allowance in any Insolvency or Liquidation Proceeding of First Lien Obligations consisting of Postpost-Petition Interest petition interest, fees or expenses to the extent of the value of any First Lien ClaimholderSecured Party’s Lien, without regard to the existence of the Lien of the Second Lien Collateral Agent on behalf of the Second Lien Claimholders Secured Parties on the Collateral.
(b) Neither the First Lien Collateral Administrative Agent nor any other First Lien Claimholder Secured Party shall oppose or seek to challenge any claim by the Second Lien Collateral Agent or any other Second Lien Claimholder Secured Party for allowance in any Insolvency or Liquidation Proceeding of Second Lien Obligations consisting of Postpost-Petition Interest petition interest, fees or expenses to the extent of the value of the Lien of the Second Lien Collateral Agent on behalf of the Second Lien Claimholders Secured Parties on the Collateral (after taking into account the value of the First Lien ObligationsCollateral).
Appears in 1 contract
Sources: Collateral Agency and Intercreditor Agreement (Mohegan Tribal Gaming Authority)
Post-Petition Interest. (a) Neither the Second Lien Collateral Agent nor any other Second Lien Claimholder Creditor shall oppose or seek to challenge any claim by the First Lien Collateral Agent or any other First Lien Claimholder Creditor for allowance in any Insolvency or Liquidation Proceeding of First Lien Obligations consisting of Postpost-Petition Interest petition interest, fees or expenses to the extent of the value of any the Lien on the Collateral of the First Lien Claimholder’s LienCreditors, without regard to the existence of the Lien of the Second Lien Collateral Agent on behalf of and the other Second Lien Claimholders on the Collateral.Creditors
(b) Neither the First Lien Collateral Agent nor any other First Lien Claimholder Creditor shall oppose or seek to challenge any claim by the Second Lien Collateral Agent or any other Second Lien Claimholder Creditor for allowance in any Insolvency or Liquidation Proceeding of Second Lien Obligations consisting of Postpost-Petition Interest petition interest, fees or expenses to the extent of the value of the Lien on the Collateral of the Second Lien Collateral Agent on behalf of the Second Lien Claimholders on the Collateral Creditors (after taking into account the value Lien of the First Lien Creditors on the Collateral and the extent of the First Lien Obligations, including any post-petition interest, fees or expenses included in such First Lien Obligations).
Appears in 1 contract
Sources: Intercreditor Agreement (Spinal Elements Holdings, Inc.)
Post-Petition Interest. (a) Neither the Second Lien Collateral Security Agent nor any Second Lien Claimholder shall oppose or seek to challenge any claim by the First Lien Collateral Security Agent or any First Lien Claimholder for allowance in any Insolvency or Liquidation Proceeding of First Lien Obligations consisting of Post-Petition Interest to the extent of the value of any First Lien Claimholder’s Lien, without regard to the existence of the Lien of the Second Lien Collateral Security Agent on behalf of the Second Lien Claimholders on the Collateral.
(b) Neither the First Lien Collateral Security Agent nor any other First Lien Claimholder shall oppose or seek to challenge any claim by the Second Lien Collateral Security Agent or any Second Lien Claimholder for allowance in any Insolvency or Liquidation Proceeding of Second Lien Obligations consisting of Post-Petition Interest to the extent of the value of the Lien of the Second Lien Collateral Security Agent on behalf of the Second Lien Claimholders on the Collateral (after taking into account the value of the First Lien Obligations).
Appears in 1 contract
Post-Petition Interest. (a) Neither the any Second Lien Collateral Agent nor any Second Lien Claimholder shall oppose or seek to challenge any claim by the First Lien Collateral Agent or any First Lien Claimholder for allowance in any Insolvency or Liquidation Proceeding of First Lien Obligations consisting of Post-Petition Interest to the extent of the value of any First Lien Claimholder’s Lien, without regard to the existence of the Lien of the any Second Lien Collateral Agent on behalf of the applicable Second Lien Claimholders on the Collateral.
(b) Neither the First Lien Collateral Agent nor any other First Lien Claimholder shall oppose or seek to challenge any claim by the any Second Lien Collateral Agent or any Second Lien Claimholder for allowance in any Insolvency or Liquidation Proceeding of Second Lien Obligations consisting of Post-Petition Interest to the extent of the value of the Lien of the Second Lien Collateral Agent Agents on behalf of the Second Lien Claimholders on the Collateral (after taking into account the value of the First Lien Obligations).
Appears in 1 contract
Sources: Senior Intercreditor and Subordination Agreement (Cit Group Inc)
Post-Petition Interest. (a) Neither the Second Lien Collateral Agent nor any Second Lien Claimholder shall oppose or seek to challenge any claim by the First Lien Collateral Agent or any First Lien Claimholder for allowance in any Insolvency or Liquidation Proceeding of First Lien Obligations consisting of Postpost-Petition Interest to the extent of the value of any First Lien Claimholder’s Lienpetition interest, fees or expenses, without regard to the existence of the Lien of the Second Lien Collateral Agent on behalf of the Second Lien Claimholders on the Collateral.
(b) Neither the First Lien Collateral Agent nor any other First Lien Claimholder shall oppose or seek to challenge any claim by the Second Lien Collateral Agent or any Second Lien Claimholder for allowance in any Insolvency or Liquidation Proceeding of Second Lien Obligations consisting of Postpost-Petition Interest petition interest, fees or expenses to the extent of the value of the Lien of the Second Lien Collateral Agent on behalf of the Second Lien Claimholders on the Collateral (after taking into account the value of the First Lien ObligationsCollateral).
Appears in 1 contract
Sources: Intercreditor Agreement (IPC Systems Holdings Corp.)
Post-Petition Interest. (a) Neither the Second Lien Collateral Administrative Agent nor any Second Lien Claimholder shall oppose or seek to challenge any claim by the First Lien Collateral Administrative Agent or any First Lien Claimholder for allowance in any Insolvency or Liquidation Proceeding of First Lien Obligations consisting of Post-Petition Interest to the extent of the value of any First Lien Claimholder’s Lien, without regard to the existence of the Lien of the Second Lien Collateral Administrative Agent on behalf of the Second Lien Claimholders on the Collateral.
(b) Neither the First Lien Collateral Administrative Agent nor any other First Lien Claimholder shall oppose or seek to challenge any claim by the Second Lien Collateral Administrative Agent or any Second Lien Claimholder for allowance in any Insolvency or Liquidation Proceeding of Second Lien Obligations consisting of Post-Petition Interest to the extent of the value of the Lien of the Second Lien Collateral Administrative Agent on behalf of the Second Lien Claimholders on the Second Lien Collateral (after taking into account the value of the First Lien Obligations).
Appears in 1 contract
Post-Petition Interest. (a) Neither the Second Lien Collateral Agent nor any Second Lien Claimholder shall oppose or seek to challenge any claim by the First Lien Collateral Agent or any First Lien Claimholder for allowance in any Insolvency or Liquidation Proceeding of First Lien Obligations consisting of Postpost-Petition Interest petition interest, fees or expenses to the extent of the value of any First Lien Claimholder’s 's Lien, without regard to the existence of the Lien of the Second Lien Collateral Agent on behalf of the Second Lien Claimholders on the Collateral.
(b) Neither the First Lien Collateral Agent nor any other First Lien Claimholder shall oppose or seek to challenge any claim by the Second Lien Collateral Agent or any Second Lien Claimholder for allowance in any Insolvency or Liquidation Proceeding of Second Lien Obligations consisting of Postpost-Petition Interest petition interest, fees or expenses to the extent of the value of the Lien in favor of the Second Lien Collateral Agent on behalf of the Second Lien Claimholders on the Collateral (after taking into account the value of the First Lien Obligations).
Appears in 1 contract
Post-Petition Interest. (a) Neither the Second Lien Collateral Agent Representative nor any Second Lien Claimholder shall oppose or seek to challenge any claim by the First Lien Collateral Agent Representative or any First Lien Claimholder for allowance in any Insolvency or Liquidation Proceeding of First Lien Obligations consisting of Postpost-Petition Interest petition interest, fees or expenses to the extent of the value of any the First Lien Claimholder’s Lien, without regard to the existence of the Lien of the Second Lien Collateral Agent Representative on behalf of the Second Lien Claimholders on the Collateral.
(b) Neither the First Lien Collateral Agent Representative nor any other First Lien Claimholder shall oppose or seek to challenge any claim by the Second Lien Collateral Agent Representative or any Second Lien Claimholder for allowance in any Insolvency or Liquidation Proceeding of Second Lien Obligations consisting of Postpost-Petition Interest petition interest, fees or expenses to the extent of the value of the Lien of the Second Lien Collateral Agent Representative on behalf of the Second Lien Claimholders on the Collateral (after taking into account the value Lien of the First Lien ObligationsRepresentative on behalf of the First Lien Claimholders on the Collateral).
Appears in 1 contract
Post-Petition Interest. (a) Neither the Second Lien Collateral Agent Trustee nor any Second Lien Claimholder shall oppose or seek to challenge any claim by the First Lien Collateral Agent or any First Lien Claimholder for allowance in any Insolvency or Liquidation Proceeding of First Lien Obligations consisting of Postpost-Petition Interest petition interest, fees, costs, charges or expenses to the extent of the value of any First Lien Claimholder’s Lien, without regard to the existence of the Lien of the Second Lien Collateral Agent Trustee on behalf of the Second Lien Claimholders on the Collateral.
(b) Neither the First Lien Collateral Agent nor any other First Lien Claimholder shall oppose or seek to challenge any claim by the Second Lien Collateral Agent Trustee or any Second Lien Claimholder for allowance in any Insolvency or Liquidation Proceeding of Second Lien Obligations consisting of Postpost-Petition Interest petition interest, fees, costs, charges or expenses to the extent of the value of the Lien of the Second Lien Collateral Agent Trustee on behalf of the Second Lien Claimholders on the Collateral (after taking into account the value of the First Lien ObligationsCollateral).
Appears in 1 contract
Sources: Intercreditor Agreement (Protection One Alarm Monitoring Inc)
Post-Petition Interest. (a) Neither the Second Lien Collateral Agent nor any Second Lien Claimholder shall oppose or seek to challenge any claim by the First Lien Collateral Agent or any First Lien Claimholder for allowance in any Insolvency or Liquidation Proceeding of First Lien Obligations consisting of Postpost-Petition Interest petition interest, fees or expenses to the extent of the value of any the First Lien ClaimholderAgent’s Lien, without regard to the existence of the Lien of the Second Lien Collateral Agent on behalf of the Second Lien Claimholders on the Collateral.
(b) Neither the First Lien Collateral Agent nor any other First Lien Claimholder shall oppose or seek to challenge any claim by the Second Lien Collateral Agent or any Second Lien Claimholder for allowance in any Insolvency or Liquidation Proceeding of Second Lien Obligations consisting of Postpost-Petition Interest petition interest, fees or expenses to the extent of the value of the Lien of the Second Lien Collateral Agent on behalf of the Second Lien Claimholders on the Collateral (after taking into account the value existence of the Lien of the First Lien ObligationsAgent on behalf of the First Lien Claimholders on the Collateral).
Appears in 1 contract
Post-Petition Interest. (a) Neither the Second Lien Collateral Agent nor any Second Lien Claimholder shall oppose or seek to challenge any claim by the First Lien Collateral Agent or any First Lien Claimholder for allowance in any Insolvency or Liquidation Proceeding of First Lien Obligations consisting of Post-Petition Interest post- petition interest, fees or expenses to the extent of the value of any First Lien Claimholder’s Lien, without regard to the existence of the Lien of the Second Lien Collateral Agent on behalf of the Second Lien Claimholders on the Collateral.
(b) Neither the First Lien Collateral Agent nor any other First Lien Claimholder shall oppose or seek to challenge any claim by the Second Lien Collateral Agent or any Second Lien Claimholder for allowance in any Insolvency or Liquidation Proceeding of Second Lien Obligations consisting of Postpost-Petition Interest petition interest, fees or expenses to the extent of the value of the Lien of the Second Lien Collateral Agent on behalf of the Second Lien Claimholders on the Collateral (after taking into account the value of the First Lien ObligationsCollateral).
Appears in 1 contract
Sources: Stockholders Agreement
Post-Petition Interest. (a) Neither None of the Second Lien Collateral Agent nor Agents or any Second Lien Claimholder shall oppose or seek to challenge any claim by the First Lien Collateral Agent Agents or any First Lien Claimholder for allowance in any Insolvency or Liquidation Proceeding of First Lien Obligations consisting of Post-Post- Petition Interest to the extent of the value of any First Lien Claimholder’s Lien, without regard to the existence of the Lien of the Second Lien Collateral Agent Agents on behalf of the Second Lien Claimholders on the Shared Collateral.
(b) Neither None of the First Lien Collateral Agent nor or any other First Lien Claimholder shall oppose or seek to challenge any claim by the Second Lien Collateral Agent Agents or any Second Lien Claimholder for allowance in any Insolvency or Liquidation Proceeding of Second Lien Obligations consisting of Post-Petition Interest to the extent of the value of the Lien of the Second Lien Collateral Agent Agents on behalf of the Second Lien Claimholders on the Shared Collateral (after taking into account the value of the First Lien Obligations).
Appears in 1 contract
Sources: Intercreditor Agreement
Post-Petition Interest. (a) Neither the Second Lien Collateral Agent nor any Second Lien Claimholder Secured Party shall oppose or seek to challenge any claim by the First Lien Collateral Agent or any First Lien Claimholder Secured Party for allowance in any Insolvency or Liquidation Proceeding of First Lien Obligations consisting of Postpost-Petition Interest petition interest, fees or expenses to the extent of the value of any First Lien ClaimholderSecured Party’s Lien, without regard to the existence of the Lien of the Second Lien Collateral Agent on behalf of the Second Lien Claimholders Secured Parties on the Collateral.
(b) Neither the First Lien Collateral Agent nor any other First Lien Claimholder Secured Party shall oppose or seek to challenge any claim by the Second Lien Collateral Agent or any Second Lien Claimholder Secured Party for allowance in any Insolvency or Liquidation Proceeding of Second Lien Obligations consisting of Postpost-Petition Interest petition interest, fees or expenses to the extent of the value of the Lien of the Second Lien Collateral Agent on behalf of the Second Lien Claimholders Secured Party on the Collateral (after taking into account the value of the First Lien ObligationsCollateral).
Appears in 1 contract
Sources: Intercreditor Agreement (iPCS, INC)
Post-Petition Interest. (a) Neither the Second Parity Lien Collateral Agent nor any Second Parity Lien Claimholder shall oppose or seek to challenge any claim by the First Lien Collateral Agent or any First Lien Claimholder for allowance in any Insolvency or Liquidation Proceeding of First Lien Obligations consisting of Postpost-Petition Interest petition interest, fees or expenses to the extent of the value of any First Lien Claimholder’s 's Lien, without regard to the existence of the Lien of the Second Parity Lien Collateral Agent on behalf of the Second Parity Lien Claimholders on the Collateral.
(b) Neither the First Lien Collateral Agent nor any other First Lien Claimholder shall oppose or seek to challenge any claim by the Second Parity Lien Collateral Agent or any Second Parity Lien Claimholder for allowance in any Insolvency or Liquidation Proceeding of Second Parity Lien Obligations consisting of Postpost-Petition Interest petition interest, fees or expenses to the extent of the value of the Lien of the Second Parity Lien Collateral Agent on behalf of the Second Parity Lien Claimholders on the Collateral (after taking into account the value of the First Lien ObligationsCollateral).
Appears in 1 contract