Common use of Intercreditor Arrangements Clause in Contracts

Intercreditor Arrangements. Notwithstanding anything herein to the contrary, the lien and security interest granted to the Administrative Agent pursuant to this Agreement or any other Loan Document and the exercise of any right or remedy by the Administrative Agent hereunder or under any other Loan Document are subject to the provisions of the Intercreditor Agreement. In the event of any conflict between the terms of the Intercreditor Agreement, this Agreement and any other Loan Document, the terms of the Intercreditor Agreement shall govern and control with respect to any right or remedy. Without limiting the generality of the foregoing, and notwithstanding anything herein to the contrary, all rights and remedies of the Administrative Agent (and the Lenders) with respect to the Term Debt Priority Collateral shall be subject to the terms of the Intercreditor Agreement, and until the Term Debt Obligations Payment Date, any obligation of the Company and any Guarantor hereunder or under any other Loan Document with respect to the delivery or control of any Term Debt Priority Collateral, the novation of any lien on any certificate of title, ▇▇▇▇ of lading or other document, the giving of any notice to any bailee or other Person, the provision of voting rights or the obtaining of any consent of any Person, in each case in connection with any Term Debt Priority Collateral, shall be deemed to be satisfied if the Company or such Guarantor, as applicable, complies with the requirements of the similar provision of the applicable Term Loan Document. Until the Term Debt Obligations Payment Date, the delivery of any Term Debt Priority Collateral to the Term Debt Representative pursuant to the Term Loan Documents shall satisfy any delivery requirement hereunder or under any other Loan Document.

Intercreditor Arrangements. Notwithstanding anything herein to the contrary, the lien and security interest granted to the Administrative Collateral Agent pursuant to this Agreement or any other Loan Document and the exercise of any right or remedy by the Administrative Agent or the Collateral Agent hereunder or under any other Loan Document are subject to the provisions of the Intercreditor Agreement. In the event of any conflict between the terms of the Intercreditor Agreement, this Agreement and any other Loan Document, the terms of the Intercreditor Agreement shall govern and control with respect to any right or remedy. Without limiting the generality of the foregoing, and notwithstanding anything herein to the contrary, all rights and remedies of the Administrative Agent or the Collateral Agent (and the Lenders) with respect to the Term Debt Priority Collateral shall be subject to the terms of the Intercreditor Agreement, and until the Term Debt First Priority Obligations Payment DateDate (as defined in the Intercreditor Agreement), any obligation of the Company Borrower and any Guarantor hereunder or under any other Loan Document with respect to the delivery or control of any Term Debt Priority Collateral, the novation of any lien on any certificate of title, ▇▇▇▇ of lading or other document, the giving of any notice to any bailee or other Person, the provision of voting rights or the obtaining of any consent of any Person, in each case in connection with any Term Debt Priority Collateral, Person shall be deemed to be satisfied if the Company Borrower or such Guarantor, as applicable, complies with the requirements of the similar provision of the applicable Term First Lien Loan Document. Until the Term Debt First Priority Obligations Payment DateDate (as defined in the Intercreditor Agreement), the delivery of any Term Debt Priority Collateral to the Term Debt Representative First Lien Collateral Agent pursuant to the Term First Lien Loan Documents shall satisfy any delivery requirement hereunder or under any other Loan Document.

Intercreditor Arrangements. Notwithstanding anything herein to the contrary, the lien and security interest granted to the Administrative Collateral Agent pursuant to this Agreement or any other Loan Document and the exercise of any right or remedy by the Administrative Agent or the Collateral Agent hereunder or under any other Loan Document are subject to the provisions of the Intercreditor Agreement. In the event of any conflict between the terms of the Intercreditor Agreement, this Agreement and any other Loan Document, the terms of the Intercreditor Agreement shall govern and control with respect to any right or remedy. Without limiting the generality of the foregoing, and notwithstanding anything herein to the contrary, all rights and remedies of the Administrative Agent or the Collateral Agent (and the Lenders) with respect to the Term Debt Priority Collateral shall be subject to the terms of the Intercreditor Agreement, and until the Term Debt First Priority Obligations Payment DateDate (as defined in the Intercreditor Agreement), any obligation of the Company Borrower and any Guarantor hereunder or under any other Loan Document with respect to the delivery or control of any Term Debt Priority Collateral, the novation of any lien on any certificate of title, ▇▇▇▇ of lading or other document, the giving of any notice to any bailee or other Person, the provision of voting rights or the obtaining of any consent of any Person, in each case in connection with any Term Debt Priority Collateral, Person shall be deemed to be satisfied if the Company Borrower or such Guarantor, as applicable, complies with the requirements of the similar provision of the applicable Term First Lien Loan Document. Until the Term Debt First Priority Obligations Payment DateDate (as defined in the Intercreditor Agreement), the delivery of any Term Debt Priority Collateral to the Term Debt Representative First Lien Collateral Agent pursuant to the Term First Lien Loan Documents shall satisfy any delivery requirement hereunder or under any other Loan Document.. 105

Intercreditor Arrangements. Notwithstanding anything herein to the contrary, the lien and security interest granted to the Administrative Collateral Agent pursuant to this Agreement or any other Loan Document and the exercise of any right or remedy by the Administrative Agent or the Collateral Agent hereunder or under any other Loan Document are subject to the provisions of the Intercreditor Agreement. In the event of any conflict between the terms of the Intercreditor Agreement, this Agreement and any other Loan Document, the terms of the Intercreditor Agreement shall govern and control with respect to any right or remedy. Without limiting the generality of the foregoing, and notwithstanding anything herein to the contrary, all rights and remedies of the Administrative Agent or the Collateral Agent (and the Lenders) with respect to the Term Debt Priority Collateral shall be subject to the terms of the Intercreditor Agreement, and until the Term Debt First Priority Obligations Payment DateDate (as defined in the Intercreditor Agreement), any obligation of the Company Borrower and any Guarantor hereunder or under any other Loan Document with respect to the delivery or control of any Term Debt Priority Collateral, the novation of any lien on any certificate of title, ▇b▇▇▇ of lading or other document, the giving of any notice to any bailee or other Person, the provision of voting rights or the obtaining of any consent of any Person, in each case in connection with any Term Debt Priority Collateral, Person shall be deemed to be satisfied if the Company Borrower or such Guarantor, as applicable, complies with the requirements of the similar provision of the applicable Term First Lien Loan Document. Until the Term Debt First Priority Obligations Payment DateDate (as defined in the Intercreditor Agreement), the delivery of any Term Debt Priority Collateral to the Term Debt Representative First Lien Collateral Agent pursuant to the Term First Lien Loan Documents shall satisfy any delivery requirement hereunder or under any other Loan Document.