Common use of Lien Sharing and Priority Confirmation Clause in Contracts

Lien Sharing and Priority Confirmation. The undersigned New Representative, on behalf of itself and each holder of Obligations in respect of the series of Additional Secured Debt hereby agrees, for the enforceable benefit of all holders of each existing and future series of Secured Obligations that:

Appears in 4 contracts

Samples: Collateral Trust Agreement (Tenneco Inc), Collateral Trust (Tenneco Inc), Collateral Trust Agreement (Tenneco Inc)

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

Appears in 4 contracts

Samples: Collateral Trust Agreement (Geo Group Inc), Collateral Trust Agreement (Triumph Group Inc), Collateral Trust Agreement (Endo International PLC)

Lien Sharing and Priority Confirmation. The undersigned New Representative, on behalf of itself and each holder of Obligations obligations in respect of the series of Additional Secured Debt Facility (together with the Additional Authorized Representative, the “New Secured Parties”), hereby agrees, for the enforceable benefit of all holders of existing and future Additional Authorized Representative, each existing and future series of Trustee and each existing and future Secured Party, and as a condition to being treated as Secured Obligations under the Collateral Trust Agreement that:

Appears in 3 contracts

Samples: Collateral Trust Agreement, Collateral Trust Agreement (Ak Steel Holding Corp), Collateral Trust Agreement (Spectrum Brands, Inc.)

Lien Sharing and Priority Confirmation. The undersigned New Representative, on behalf of itself and each holder of Obligations obligations in respect of the series of Additional Secured Debt Facility (together with the Additional Authorized Representative, the “New Secured Parties”), hereby agrees, for the enforceable benefit of all holders of existing and future Additional Authorized Representatives, each existing and future series of Senior Indenture Trustee and each existing and future Secured Party, and as a condition to being treated as Secured Obligations under the Collateral Agency Agreement that:

Appears in 3 contracts

Samples: Collateral Agency Agreement (Century Aluminum Co), Collateral Agency Agreement (Century Aluminum Co), Collateral Agency Agreement (Molycorp, Inc.)

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Lien Sharing and Priority Confirmation. The undersigned New Representative, on behalf of itself and each holder of Obligations in respect of the series Series of Additional Secured Debt for which the undersigned is acting as Secured Debt Representative hereby agrees, for the enforceable benefit of all holders of each existing and future series Series of Secured Obligations Debt, each other existing and future Secured Debt Representative and each existing and future holder of Permitted Prior Liens and as a condition to being treated as Secured Debt under the Collateral Trust Agreement that:

Appears in 1 contract

Samples: Collateral Trust Agreement (American Casino & Entertainment Properties LLC)

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