Common use of Intercreditor and Subordination Agreement Clause in Contracts

Intercreditor and Subordination Agreement. The New Agent on its behalf and on behalf of the New Lenders agrees that (a) the New Agent shall be bound by all of the terms and conditions of the Intercreditor Agreement as a “Project Credit Party” thereunder, and (b) the New Lenders shall be bound by all of the terms and conditions of the Intercreditor Agreement as “[First][Second] Lien Secured Parties” thereunder.

Intercreditor and Subordination Agreement. The New Agent on its behalf and on behalf of the New Lenders agrees that (a) the New Agent shall be bound by all of the terms and conditions of the Intercreditor Agreement as a “"Project Credit Party” " thereunder, and (b) the New Lenders shall be bound by all of the terms and conditions of the Intercreditor Agreement as “"[First][SecondFIRST][SECOND] Lien Secured Parties” " thereunder.