Intercreditor Provisions. Notwithstanding anything herein to the contrary, the lien and security interest granted to Collateral Agent pursuant to this Agreement and the exercise of any right or remedy by Collateral Agent or Administrative Agent hereunder are subject to the provisions of the Intercreditor Agreement, as the same may be amended, supplemented, modified or replaced from time to time. 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 2 contracts
Samples: Loan and Security Agreement (Newark Group, Inc), Loan and Security Agreement (Newark Group, Inc)
Intercreditor Provisions. Notwithstanding anything herein to the contrary, the lien and security interest granted to Collateral Agent pursuant to this Agreement and the exercise of any right or remedy by Collateral Agent or Administrative Agent hereunder are subject to the provisions of the Intercreditor Agreement, as the same may be amended, supplemented, modified or replaced from time to time. In the event of any conflict between the terms of the Intercreditor Agreement and this AgreementAgreement with respect to matters referenced in the previous sentence, the terms of the Intercreditor Agreement shall govern.
Appears in 2 contracts
Samples: Loan and Security Agreement (CPG International Inc.), Term Loan and Security Agreement (CPG International Inc.)