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 New Second Lien Facility (together with the New Second Lien Representative, the “New Secured Parties”), hereby agrees, for the enforceable benefit of all existing and future New Second Lien Representative, each existing and future Representative and each existing and future Second Lien Secured Party, and as a condition to being treated as Second Lien Obligations under the Collateral Trust Agreement that:

Appears in 2 contracts

Samples: Collateral Trust Agreement (Eastman Kodak Co), Collateral Trust Agreement (Eastman Kodak Co)

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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 New Second Lien Facility (together with the New Second Lien Representative, the “New Secured Parties”), hereby agrees, for the enforceable benefit of all existing and future New Second Lien Representative, each existing and future Representative and each existing and future Second Lien Secured Party, and as a condition to being treated as Second Lien Obligations under the Collateral Trust Agreement that:

Appears in 2 contracts

Samples: Collateral Trust Agreement (Harbinger Group Inc.), Collateral Trust Agreement (Harbinger Group Inc.)

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

Appears in 2 contracts

Samples: Collateral Trust Agreement (Viasystems Group Inc), Intercreditor Agreement (Viasystems Inc)

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

Appears in 2 contracts

Samples: Passu Intercreditor Agreement (MBOW Four Star, L.L.C.), Escrow and Security Agreement (MBOW Four Star, L.L.C.)

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

Appears in 1 contract

Samples: Collateral Trust Agreement (Lindblad Expeditions Holdings, 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 New Second Additional Parity Lien Facility (together with the New Second Lien Additional Authorized Representative, the “New Secured Parties”), hereby agrees, for the enforceable benefit of all existing and future New Second Lien RepresentativeAdditional Authorized Representatives, each existing and future Representative Trustee and each existing and future Second Lien Secured Party, and as a condition to being treated as Second Lien Secured Obligations under the Collateral Trust Agreement that:

Appears in 1 contract

Samples: Collateral Trust Agreement (CVR Partners, Lp)

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

Appears in 1 contract

Samples: Collateral Trust Agreement (CVR Energy Inc)

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

Appears in 1 contract

Samples: Intercreditor Agreement (Mohegan Tribal Gaming Authority)

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