Common use of Intercreditor Agreements Govern Clause in Contracts

Intercreditor Agreements Govern. Notwithstanding anything herein to the contrary, (i) the Liens and security interests granted to the Collateral Agent for the benefit of the Secured Parties pursuant to this Agreement and (ii) the exercise of any right or remedy by the Collateral Agent hereunder or the application of proceeds (including insurance proceeds and condemnation proceeds) of any Collateral, are subject to the provisions of any Customary Intercreditor Agreement contemplated by the Credit Agreement, if and to the extent applicable and/or in effect.

Appears in 10 contracts

Samples: Collateral Agreement (Graftech International LTD), Collateral Agreement (Graftech International LTD), Pledge Agreement (Graftech International LTD)

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Intercreditor Agreements Govern. Notwithstanding anything herein to the contrary, (i) the Liens and security interests granted to the Collateral Agent for the benefit of the Secured Notes Secured Parties pursuant to this Agreement and (ii) the exercise of any right or remedy by the Collateral Agent hereunder or the application of proceeds (including insurance proceeds and condemnation proceeds) of any Collateral, are subject to the provisions of any Customary the Equal Priority Intercreditor Agreement contemplated by the Credit Agreement, if and to the extent applicable and/or in effect.

Appears in 2 contracts

Samples: Collateral Agreement (Graftech International LTD), Collateral Agreement (Graftech International LTD)

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