Common use of Provisions Define Relative Rights Clause in Contracts

Provisions Define Relative Rights. This Agreement is intended solely for the purpose of defining the relative rights of the Secured Parties on the one hand and the Subordinated Holder Representative, the Subordinated Holders and the Borrower on the other, and no other person shall have any right, benefit or other interest under this Agreement.

Appears in 3 contracts

Sources: Revolving Credit Agreement (Turning Point Brands, Inc.), First Lien Term Loan Credit Agreement (Turning Point Brands, Inc.), Second Lien Term Loan Credit Agreement (Turning Point Brands, Inc.)

Provisions Define Relative Rights. This Agreement is intended solely for the purpose of defining the relative rights of the Secured Parties on the one hand and the Subordinated Holder Representative, Lender and the Subordinated Holders and the Borrower on the other, and no other person shall have any right, benefit or other interest under this Agreement.

Appears in 2 contracts

Sources: Subordination Agreement (EVO Transportation & Energy Services, Inc.), Subordination Agreement (EVO Transportation & Energy Services, Inc.)