Common use of Intercreditor Clause in Contracts

Intercreditor. So long as the Intercreditor Agreement is in effect, the rights and, obligations and remedies of the parties shall be subject thereto. This Agreement shall not impose any obligation or grant any right to any party to the extent that such obligation or right is inconsistent or conflicts with the Intercreditor Agreement. This Section 15.18 is for the benefit of the Lenders and the Trustee, and none of the Loan Parties shall be third party beneficiaries hereof.

Appears in 2 contracts

Samples: Revolving Credit Agreement (Dingley Press, Inc.), Revolving Credit Agreement (Sheridan Group Inc)

AutoNDA by SimpleDocs

Intercreditor. So long as the Intercreditor Agreement is in effect, the rights and, obligations and remedies of the parties shall be subject thereto. This Agreement shall not impose any obligation or grant any right to any party to the extent that such obligation or right is inconsistent or conflicts with the Intercreditor Agreement. This Section 15.18 10.20 is for the benefit of the Lenders and the Trustee, and none of the Loan Parties shall be third party beneficiaries hereof.

Appears in 2 contracts

Samples: Credit Agreement (Sheridan Group Inc), Credit Agreement (Sheridan Group Inc)

AutoNDA by SimpleDocs

Intercreditor. So long as the Intercreditor Agreement is in effect, the rights and, obligations and remedies of the parties shall be subject thereto. This Agreement shall not impose any obligation or grant any right to any party to the extent that such obligation or right is inconsistent or conflicts with the Intercreditor Agreement. This Section 15.18 14.18 is for the benefit of the Lenders Lender and the Trustee, and none of the Loan Parties shall be third party beneficiaries hereof.

Appears in 1 contract

Samples: Revolving Credit Agreement (Sheridan Group Inc)

Draft better contracts in just 5 minutes Get the weekly Law Insider newsletter packed with expert videos, webinars, ebooks, and more!