Common use of First Priority Obligations Clause in Contracts

First Priority Obligations. It is the intention of the parties that Obligations in respect of the Incremental Revolving Commitments constitute “First Priority Obligations” under the Intercreditor Agreement.

Appears in 9 contracts

Samples: Credit Agreement (TRAC Intermodal LLC), TRAC Intermodal LLC, TRAC Intermodal LLC

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First Priority Obligations. It is the intention of the parties that Obligations in respect of the Incremental Revolving Commitments constitute “First Priority Obligations” under the Intercreditor Agreement. SECTION 9.

Appears in 1 contract

Samples: TRAC Intermodal LLC

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