Common use of Actions with Respect to Collateral Clause in Contracts

Actions with Respect to Collateral. Subject to Section 30, the Secured Parties agree that this Security Agreement may be enforced only by the action of the Collateral Agent, acting upon the instructions of the Required Creditors, and that no other Secured Party shall have any right individually to seek to enforce or to enforce this Security Agreement or to realize upon the security to be granted hereby. Notwithstanding any provision of this Security Agreement to the contrary, to the extent any provision in this Security Agreement conflicts or is inconsistent with the Intercreditor Agreement, then the Intercreditor Agreement shall prevail.