Common use of Amendments to Noteholder Collateral Documents Clause in Contracts

Amendments to Noteholder Collateral Documents. (a) Without the prior written consent of the Senior Agent and the Required Lenders, no Noteholder Collateral Document may be amended, supplemented or otherwise modified or entered into to the extent such amendment, supplement or modification, or the terms of any new Noteholder Collateral Document, would be inconsistent with any of the terms of this Agreement or could reasonably be expected to have an adverse effect on the Senior Agent or Senior Lenders. The Trustee and the Collateral Agent agree that each Noteholder Collateral Document creating a Noteholder Common Lien shall include the following language: "Notwithstanding anything herein to the contrary, the lien and security interest granted to the [Collateral Agent/Trustee] pursuant to this Agreement and the exercise of any right or remedy by the [Collateral Agent/ Trustee] hereunder, in each case in respect of any collateral constituting Noteholder Common Collateral (as defined in the Intercreditor Agreement described below) are subject to the provisions of the Intercreditor Agreement, dated as of October 15, 2002 (as amended, modified or supplemented from time to time, the "Intercreditor Agreement") among General Electric Capital Corporation as Senior Agent, and U.S. Bank National Association, as Collateral Agent, U.S. 143 Bank National Association, as Trustee, and the Obligors (as defined therein), including the grantor of security interest in this Agreement, named therein. In the event of any conflict between the terms of the Intercreditor Agreement and this Agreement, the terms of the Intercreditor Agreement shall govern."

Appears in 1 contract

Samples: Credit Agreement (Golfsmith International Holdings Inc)

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Amendments to Noteholder Collateral Documents. (a) Without the prior written consent of the Senior Agent and the Required Lenders, no Noteholder Collateral Document may be amended, supplemented or otherwise modified or entered into to the extent such amendment, supplement or modification, or the terms of any new Noteholder Collateral Document, would be inconsistent with any of the terms of this Agreement or could reasonably be expected to have an adverse effect on the Senior Agent or Senior Lenders. The Trustee and the Collateral Agent agree that each Noteholder Collateral Document creating a Noteholder Common Lien shall include the following language: "Notwithstanding anything herein to the contrary, the lien and security interest granted to the [Collateral Agent/Trustee] pursuant to this Agreement and the exercise of any right or remedy by the [Collateral Agent/ Trustee] hereunder, in each case in respect of any collateral constituting Noteholder Common Collateral (as defined in the Intercreditor Agreement described below) are subject to the provisions of the Intercreditor Agreement, dated as of October 15, 2002 (as amended, modified or supplemented from time to time, the "Intercreditor Agreement") among General Electric Capital Corporation as Senior Agent, and U.S. Bank National Association, as Collateral Agent, U.S. 143 Bank National Association, as Trustee, and the Obligors (as defined therein), including the grantor of security interest in this Agreement, named therein. In the event of any conflict between the terms of the Intercreditor Agreement and this Agreement, the terms of the Intercreditor Agreement shall govern."

Appears in 1 contract

Samples: Intercreditor Agreement (Golfsmith International Holdings Inc)

Amendments to Noteholder Collateral Documents. (a) Without the prior written consent of the Senior Agent and the Required Lenders, no Noteholder Collateral Document may be amended, supplemented or otherwise modified or entered into to the extent such amendment, supplement or modification, or the terms of any new Noteholder Collateral Document, would be inconsistent with any of the terms of this Agreement or could reasonably be expected to have an adverse effect on the Senior Agent or Senior Lenders. The Trustee and the Collateral Agent agree that each Noteholder Collateral Document creating a Noteholder Common Lien shall include the following language: "Notwithstanding anything herein to the contrary, the lien and security interest granted to the [Collateral Agent/Trustee] Trustee pursuant to this Agreement and the exercise of any right or remedy by the [Collateral Agent/ Trustee] Trustee hereunder, in each case in respect of any collateral constituting Noteholder Common Collateral (as defined in the Intercreditor Agreement described below) are subject to the provisions of the Intercreditor Agreement, dated as of October 15November 19, 2002 2003 (as amended, modified or supplemented from time to time, the "Intercreditor Agreement") among General Electric Capital Corporation as Senior Agent, and U.S. Bank National AssociationBNY Midwest Trust Company, as Collateral Agent, U.S. 143 Bank National AssociationBNY Midwest Trust Company, as Trustee, and the Obligors (as defined therein), including the grantor of security interest in this Agreement, named therein. In the event of any conflict between the terms of the Intercreditor Agreement and this Agreement, the terms of the Intercreditor Agreement shall govern."

Appears in 1 contract

Samples: Intercreditor Agreement (Telex Communications International LTD)

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Amendments to Noteholder Collateral Documents. (a) Without the prior written consent of the Senior Agent and the Required Lenders, no Noteholder Collateral Document may be amended, supplemented or otherwise modified or entered into to the extent such amendment, supplement or modification, or the terms of any new Noteholder Collateral Document, would be inconsistent with any of the terms of this Agreement or could reasonably be expected to have an adverse effect on the Senior Agent or Senior Lenders. The Trustee and the Collateral Agent agree that each Noteholder Collateral Document creating a Noteholder Common Lien shall include the following language: "Notwithstanding anything herein to the contrary, the lien and security interest granted to the [Collateral Agent/Trustee] Trustee pursuant to this Agreement and the exercise of any right or remedy by the [Collateral Agent/ Trustee] Trustee hereunder, in each case in respect of any collateral constituting Noteholder Common Collateral (as defined in the Intercreditor Agreement described below) are subject to the provisions of the Intercreditor Agreement, dated as of October 15November 19, 2002 2003 (as amended, modified or supplemented from time to time, the "Intercreditor Agreement") among General Electric Capital Corporation as Senior Agent, and U.S. Bank National AssociationBNY Midwest Trust Company, as Collateral Agent, U.S. 143 Bank National AssociationBNY Midwest Trust Company, as Trustee, and the Obligors (as defined therein)Telex Communications Intermediate Holdings, including the grantor of security interest in this Agreement, named thereinLLC. In the event of any conflict between the terms of the Intercreditor Agreement and this Agreement, the terms of the Intercreditor Agreement shall govern."

Appears in 1 contract

Samples: Intercreditor Agreement (Telex Communications Intermediate Holdings LLC)

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