Common use of Identical Collateral and Agreements Clause in Contracts

Identical Collateral and Agreements. The parties to this Agreement agree that it is their intention that the Priority Liens securing the separate Series of Priority Lien Debt be identical (excluding, for the avoidance of doubt, Liens arising in connection with Other Credit Support and Mined Land Under Permit). In furtherance of the foregoing, the parties hereto agree that there shall be one set of Security Documents creating Liens on the Collateral in favor of the Collateral Trustee, for the benefit of all the Priority Lien Secured Parties and the Collateral Trustee.

Identical Collateral and Agreements. The parties to this Agreement agree that it is their intention that the Priority Liens securing the separate Series of Priority Lien Debt be identical (excluding, for the avoidance of doubt, Liens arising in connection with Other Credit Support and Mined Land Under Permit). In furtherance of the foregoing, the parties hereto agree that there shall be one set of Security Documents creating Liens on the Collateral in favor of the Collateral Trustee, for the benefit of all of the Priority Lien Secured Parties and the Collateral Trustee.