Common use of Additional Intercreditor Agreement Clause in Contracts

Additional Intercreditor Agreement. Upon the direction of the Company, the Security Agent may from time to time enter into one or more amendments to the Security Documents or enter into additional or supplemental Security Documents to: (i) cure any ambiguity, omission, defect or inconsistency therein, (ii) add to the Collateral or (iii) make any other change thereto that does not adversely affect the rights of the Holders of the 2020 Notes in any material respect.

Appears in 2 contracts

Sources: First Supplemental Indenture (International Game Technology), Second Supplemental Indenture (International Game Technology)

Additional Intercreditor Agreement. Upon the direction of the Company, the Security Agent may from time to time enter into one or more amendments to the Security Documents or enter into additional or supplemental Security Documents to: (i) cure any ambiguity, omission, defect or inconsistency therein, (ii) add to the Collateral or (iii) make any other change thereto that does not adversely affect the rights of the Holders of the 2020 2023 Notes in any material respect.

Appears in 1 contract

Sources: Third Supplemental Indenture (International Game Technology)