Common use of Provisions Define Relative Rights Clause in Contracts

Provisions Define Relative Rights. The subordination provisions set forth herein are intended solely for the purpose of defining the relative rights of the Borrower, the other Intercompany Lenders and the other Intercompany Debtors, on the one hand, and the Administrative Agent and the other Secured Parties, on the other hand, and no other Person shall have any right, benefit or other interest under these subordination provisions.

Appears in 6 contracts

Sources: Credit Agreement (YETI Holdings, Inc.), Credit Agreement (YETI Holdings, Inc.), Credit Agreement (Chemours Co)

Provisions Define Relative Rights. The subordination provisions set forth herein are intended solely for the purpose of defining the relative rights of the Borrower, the other Intercompany Lenders and the other Intercompany Debtors, on the one hand, and the Administrative Agent and the other Secured Parties, on the other handother, and no other Person shall have any right, benefit or other interest under these subordination provisions.

Appears in 3 contracts

Sources: Second Lien Credit and Guaranty Agreement (Fusion Connect, Inc.), First Lien Credit and Guaranty Agreement (Fusion Connect, Inc.), Super Senior Secured Credit Agreement (Fusion Connect, Inc.)

Provisions Define Relative Rights. The subordination provisions set forth herein are intended solely for the purpose of defining the relative rights of Parent, the Borrower, the other Intercompany Lenders and the other Intercompany Debtors, on the one hand, and the Administrative Collateral Agent and the other Secured Parties, on the other handother, and no other Person shall have any right, benefit or other interest under these subordination provisions.

Appears in 3 contracts

Sources: Credit Agreement (Navistar International Corp), Credit Agreement (Navistar International Corp), Credit Agreement (Navistar International Corp)

Provisions Define Relative Rights. The subordination provisions set forth herein are intended solely for the purpose of defining the relative rights of the Borrower, the other Intercompany Lenders and the other Intercompany Debtors, on the one hand, and the Administrative Agent and the other Secured PartiesSenior Lenders, on the other handother, and no other Person shall have any right, benefit or other interest under these subordination provisions.

Appears in 1 contract

Sources: Credit Agreement (GoPro, Inc.)

Provisions Define Relative Rights. The These subordination provisions set forth herein are intended solely for the purpose of defining the relative rights of the Borrower, the other Intercompany Senior Lenders and the other Intercompany Debtors, on the one hand, hand and the Administrative Agent and the other Secured Parties, Intercompany Lenders on the other handother, and no other Person shall have any right, benefit or other interest under these subordination provisions.

Appears in 1 contract

Sources: Five Year Competitive Advance and Revolving Credit Facility Agreement (Janus Capital Group Inc)

Provisions Define Relative Rights. The subordination provisions set forth herein are intended solely for the purpose of defining the relative rights of the Borrower, the other Intercompany Lenders and the other Intercompany Debtors, on the one hand, and the Administrative Agent Agents and the other Secured Parties, on the other handother, and no other Person shall have any right, benefit or other interest under these subordination provisions.

Appears in 1 contract

Sources: Indenture (Core Scientific, Inc./Tx)

Provisions Define Relative Rights. The These subordination provisions set forth herein are intended solely for the purpose of defining the relative rights of the Borrower, the other Intercompany Senior Lenders and the other Intercompany Debtors, on the one hand, hand and the Administrative Agent and the other Secured Parties, Subordinated Creditors on the other handother, and no other Person person shall have any right, benefit or other interest under these subordination provisions.

Appears in 1 contract

Sources: First Amendment Agreement (Alon USA Energy, Inc.)

Provisions Define Relative Rights. The subordination provisions set forth herein are intended solely for the purpose of defining the relative rights of the Borrower, the other Intercompany Lenders and the other Intercompany Debtors, on the one hand, and the General Administrative Agent and the other Secured Parties, on the other handother, and no other Person shall have any right, benefit or other interest under these subordination provisions.

Appears in 1 contract

Sources: Credit and Guaranty Agreement (Tivity Health, Inc.)

Provisions Define Relative Rights. The subordination provisions set forth herein are intended solely for the purpose of defining the relative rights of Holdings, the Borrower, the other Intercompany Lenders and the other Intercompany Debtorsdebtors, on the one hand, and the Administrative Agent and the other Secured Parties, on the other handother, and no other Person shall have any right, benefit or other interest under these subordination provisions.

Appears in 1 contract

Sources: Credit Agreement (Bz Intermediate Holdings LLC)

Provisions Define Relative Rights. The These subordination provisions set forth herein --------------------------------- are intended solely for the purpose of defining the relative rights of the Borrower, the other Intercompany Lenders and the other Intercompany Debtors, on the one hand, hand and the Administrative Agent and the other Secured Parties, Subordinated Lender on the other handother, and no other Person person shall have any right, benefit or other interest under these subordination provisions.

Appears in 1 contract

Sources: Credit Agreement (Verizon Wireless Inc)