Common use of Lien Sharing and Priority Confirmation Clause in Contracts

Lien Sharing and Priority Confirmation. The undersigned New Secured Party hereby agrees, for the enforceable benefit of each current and future First Lien Representative, the Second Lien Administrative Agent, the Trustee and each current and future First Lien Secured Party, Second Lien Secured Party and Third Lien Secured Party and as a condition to being treated as Secured Debt under the Intercreditor Agreement that:

Appears in 4 contracts

Samples: Intercreditor Agreement (Alion Science & Technology Corp), Intercreditor Agreement (Alion Science & Technology Corp), Intercreditor Agreement (Alion - BMH CORP)

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Lien Sharing and Priority Confirmation. The undersigned New Secured Party hereby agrees, for the enforceable benefit of each current and future First Lien Secured Debt Representative, the Second Lien Administrative Agent, the Trustee and each current and future First Lien Secured Party, Second Lien Secured Party and Third Lien Secured Party and as a condition to being treated as Secured Debt Obligations under the Intercreditor Collateral Trust Agreement that:

Appears in 3 contracts

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

Lien Sharing and Priority Confirmation. The undersigned New Secured Party hereby agrees, for the enforceable benefit of each current and future First Priority Lien Representative, the Second each current and future Junior Lien Administrative AgentRepresentative, the Trustee each current and future Priority Lien Secured Party and each current and future First Lien Secured Party, Second Lien Secured Party and Third Junior Lien Secured Party and as a condition to being treated as Secured Debt under the Intercreditor Collateral Agency Agreement that:

Appears in 3 contracts

Samples: Collateral Agency Agreement, Collateral Agency Agreement (Gogo Inc.), Collateral Agency Agreement (Gogo Inc.)

Lien Sharing and Priority Confirmation. The undersigned New Secured Party hereby agrees, for the enforceable benefit of each current and future First Priority Lien Debt Representative, the Second each other current and future Parity Lien Administrative Agent, the Trustee Debt Representative and each current and future First holder of Priority Lien Secured Party, Second Debt Obligations and Parity Lien Secured Party and Third Lien Secured Party Debt Obligations and as a condition to being treated as Secured Debt under the Intercreditor Collateral Trust Agreement that:

Appears in 2 contracts

Samples: Collateral Trust Agreement (Carmike Cinemas Inc), Collateral Trust Agreement (Carmike Cinemas Inc)

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Lien Sharing and Priority Confirmation. The undersigned New Secured Party hereby agrees, for the enforceable benefit of each current and future First Priority Lien Representative, the Second each current and future Parity Lien Administrative Agent, the Trustee Representative and each current and future First Lien Secured Party, Second Priority Lien Secured Party and Third Parity Lien Secured Party and as a condition to being treated as Secured Debt under the Intercreditor Collateral Trust Agreement that:

Appears in 1 contract

Samples: Collateral Trust Agreement

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