Common use of Second Lien Collateral Clause in Contracts

Second Lien Collateral. Notwithstanding anything to the contrary in the Existing Credit Agreement, any requirement to vest in the Collateral Agent a perfected second- priority or junior Lien in the Brazilian Assets in connection with the 2024 Financing Transactions or otherwise shall be satisfied by delivering the NFE Financing Second Lien Pledge Agreement (as defined in the Second Amendment) and the NFE Financing Junior Priority Intercreditor Agreement (as defined in the Second Amendment).

Appears in 1 contract

Sources: Credit Agreement (New Fortress Energy Inc.)

Second Lien Collateral. Notwithstanding anything to the contrary in the Existing Credit Agreement, any requirement to vest in the Collateral Agent a perfected second- priority or junior Lien in the Brazilian Assets in connection with the 2024 Financing Transactions or otherwise shall be satisfied by delivering the NFE Financing Second Lien Pledge Agreement (as defined in the Second Ninth Amendment) and the NFE Financing Junior Priority Intercreditor Agreement (as defined in the Second Ninth Amendment).

Appears in 1 contract

Sources: Credit Agreement (New Fortress Energy Inc.)