The Term Loan Collateral Agent, on behalf of itself and each other Term Loan Claimholder, waives any claim it may hereafter have against any ABL Claimholder arising out of the election of any ABL Claimholder of the application of Section 1111(b)(2) of the Bankruptcy Code, and/or out of any cash collateral or financing arrangement or out of any grant of a security interest, in each case in connection with the ABL Priority Collateral in any Insolvency or Liquidation Proceeding of any ABL Grantor so long as such actions are not in express contravention of the terms of this Agreement.