Common use of Lien Sharing and Priority Confirmation Clause in Contracts

Lien Sharing and Priority Confirmation. [Option A: to be used if Additional Debt is Junior Lien Debt] The undersigned New Representative, on behalf of itself and each holder of Obligations in respect of the Series of Junior Lien Debt for which the undersigned is acting as Junior Lien Representative hereby agrees, for the enforceable benefit of all holders of each current and future Series of Priority Lien Debt and Junior Lien Debt, each current and future Priority Lien Representative, each other current and future Junior Lien Representative and each current and future Priority Lien Secured Party and Junior Lien Obligations and as a condition to being treated as Secured Debt under the Collateral Agency Agreement that:

Lien Sharing and Priority Confirmation. [Option A: to be used if Additional Debt is Junior Lien Debt] The undersigned New Representative, on behalf of itself and each holder of Obligations in respect of the Series of Junior Lien Debt for which the undersigned is acting as Junior Lien Jxxxxx Xxxx Debt Representative hereby agrees, for the enforceable benefit of all holders of each current and future Series of Priority First Lien Debt and Junior Lien Debt, each current and future Priority Lien Representative, each other current and future Junior Lien Debt Representative and each other current and future Priority First Lien Secured Party and Junior Lien Obligations Secured Party and as a condition to being treated as Secured Debt under the Collateral Agency Trust Agreement that:

Lien Sharing and Priority Confirmation. [Option A: to be used if Additional Debt additional debt is Junior Lien Debt] The undersigned New Representative, on behalf of itself and each holder of Obligations in respect of the Series of Junior Lien Debt for which the undersigned is acting as Junior Lien Xxxxxx Xxxx Debt Representative hereby agrees, for the enforceable benefit of all holders of each current and future Series of Priority First Lien Debt and Junior Lien Debt, each current and future Priority Lien Representative, each other current and future Junior Lien Debt Representative and each other current and future Priority First Lien Secured Party and Junior Lien Obligations Secured Party and as a condition to being treated as Secured Debt under the Collateral Agency Intercreditor Agreement that:

Lien Sharing and Priority Confirmation. [Option A: to be used if Additional Debt is Junior Lien DebtXxxxxx Xxxx Xxxx] [The undersigned New Representative, on behalf of itself and each holder of Obligations in respect of the Series of Junior Lien Debt for which the undersigned is acting as Junior Lien Xxxxxx Xxxx Debt Representative hereby agrees, for the enforceable benefit of all holders of each current and future Series of Priority First Lien Debt and Junior Lien Debt, each current and future Priority Lien Representative, each other current and future Junior Lien Debt Representative and each other current and future Priority First Lien Secured Party and Junior Lien Obligations Secured Party and as a condition to being treated as Secured Debt under the Collateral Agency Trust Agreement that: