Collateral Agency Agreement. Notwithstanding anything herein to the contrary, the lien and security interest granted to the Collateral Agent, for the benefit of the Secured Parties, pursuant to this Agreement and the exercise of any right or remedy by the Collateral Agent and the other Secured Parties hereunder are subject to the provisions of the Collateral Agency Agreement. In the event of any conflict or inconsistency between the provisions of the Collateral Agency Agreement and this Agreement, the provisions of the Collateral Agency Agreement shall control.
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Samples: Collateral Agency Agreement (California Resources Corp)
Collateral Agency Agreement. Notwithstanding anything herein to the contrary, the lien and security interest granted to the Collateral Agent, for the benefit of the Secured Parties, pursuant to this Agreement and the exercise of any right or remedy by the Collateral Agent and the other Secured Parties hereunder are subject to the provisions of the Collateral Agency Agreement. In the event of any conflict or inconsistency between the provisions of the Collateral Agency Agreement and this Agreement, the provisions of the Collateral Agency Agreement shall control.
Appears in 1 contract
Samples: Collateral Agency Agreement (California Resources Corp)
Collateral Agency Agreement. Notwithstanding anything herein to the contrary, the lien and security interest granted to the Collateral Agent, Agent for the benefit of the Priority Lien Secured Parties, Parties pursuant to this Agreement and the exercise of any right or remedy by the Collateral Agent and for the other benefit of the Priority Lien Secured Parties hereunder are subject to the provisions of the Collateral Agency Agreement. In the event of any conflict or inconsistency between the provisions terms of the Collateral Agency Agreement and this Agreement, the provisions terms of the Collateral Agency Agreement shall govern and control.
Appears in 1 contract
Collateral Agency Agreement. Notwithstanding anything herein to the contrary, the lien and security interest granted to the Collateral Agent, Agent for the benefit of the Priority Lien Secured Parties, Parties pursuant to this Agreement and the exercise of any right or remedy by the Collateral Agent and for the other benefit of the Priority Lien Secured Parties hereunder are subject to the provisions of the Collateral Agency Agreement. In the event of any conflict or inconsistency between the provisions terms of the Collateral Agency Agreement and this Agreement, the provisions terms of the Collateral Agency Agreement shall govern and control.. [Remainder of page intentionally left blank]
Appears in 1 contract
Samples: Collateral Agreement