Common use of Lien Subordination Clause in Contracts

Lien Subordination. Notwithstanding the date, manner or order of grant, attachment or perfection of any Junior Lien in respect of any Collateral or of any Senior Lien in respect of any Collateral and notwithstanding any provision of the UCC, any applicable law, any Security Document, any alleged or actual defect or deficiency in any of the foregoing or any other circumstance whatsoever, the Junior Representative, on behalf of each Junior Secured Party, in respect of such Collateral hereby agrees that:

Appears in 15 contracts

Samples: Abl Credit Agreement (Clearwater Paper Corp), Intercreditor Agreement (SMG Industries Inc.), Securities Purchase Agreement (MusclePharm Corp)

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Lien Subordination. Notwithstanding the date, manner or order of grant, attachment or perfection of any Junior Lien in respect of any Collateral or of any Senior Lien in respect of any Collateral and notwithstanding any provision of the UCC, any applicable law, any Security Collateral Document, any alleged or actual defect or deficiency in any of the foregoing or any other circumstance whatsoever, the Junior RepresentativeAgent, on behalf of each Junior Secured Party, in respect of such Collateral hereby agrees that:

Appears in 7 contracts

Samples: Pledge and Security Agreement (Collective Brands, Inc.), Collateral Agency Agreement (Revlon Consumer Products Corp), Intercreditor and Collateral Agency Agreement (Revlon Consumer Products Corp)

Lien Subordination. Notwithstanding the date, manner or order of grant, attachment or perfection of any Junior Lien in respect of any Collateral or of any Senior Lien in respect of any Collateral and notwithstanding any provision of the UCCUniform Commercial Code, any applicable law, any Security Document, any alleged or actual defect or deficiency in any of the foregoing or any other circumstance whatsoever, the Junior Representative, on behalf of each Junior Secured Party, in respect of such Collateral hereby agrees that:

Appears in 6 contracts

Samples: Intercreditor Agreement (Global Brass & Copper Holdings, Inc.), Intercreditor Agreement (Winnebago Industries Inc), Joinder Agreement (TimkenSteel Corp)

Lien Subordination. Notwithstanding the date, manner or order of grant, attachment or perfection of any Junior Lien in respect of any Collateral or of any Senior Lien in respect of any Collateral and notwithstanding any provision of the UCCUCC or the PPSA, any applicable law, any Security Document, any alleged or actual defect or deficiency in any of the foregoing or any other circumstance whatsoever, the Junior Representative, on behalf of each Junior Secured Party, in respect of such its respective Collateral hereby agrees that:

Appears in 3 contracts

Samples: Intercreditor Agreement (Thompson Creek Metals Co Inc.), Intercreditor Agreement (Royal Gold Inc), Intercreditor Agreement (Royal Gold Inc)

Lien Subordination. Notwithstanding the date, manner or order of grant, attachment or perfection of any Junior Lien in respect of any Common Collateral or of any Senior Lien in respect of any Common Collateral and notwithstanding any provision of the UCCUniform Commercial Code, any applicable law, any Security Document, any alleged or actual defect or deficiency in any of the foregoing or any other circumstance whatsoever, the Junior Representative, on behalf of each Junior Secured Party, Party in respect of such Common Collateral hereby agrees that:

Appears in 2 contracts

Samples: Intercreditor Agreement (Vertex Energy Inc.), Intercreditor Agreement (Vertex Energy Inc.)

Lien Subordination. Notwithstanding the date, manner or order of grant, attachment or perfection of any Junior Lien in respect of any Collateral or of any Senior Lien in respect of any Collateral and notwithstanding any provision of the UCCUniform Commercial Code, any applicable law, any Security Document, any alleged or actual defect or deficiency in any of the foregoing or any other circumstance whatsoever, the Junior Representative, on behalf of each the relevant Junior Secured PartyParties, in respect of such the Collateral hereby agrees that:

Appears in 2 contracts

Samples: Intercreditor Agreement, Intercreditor Agreement (Stereotaxis, Inc.)

Lien Subordination. Notwithstanding the date, manner or order of grant, attachment or perfection of any Junior Lien in respect of any Collateral or of any Senior Lien in respect of any Collateral and notwithstanding any provision of the UCC, any applicable lawRequirement of Law, any Security Collateral Document, any alleged or actual defect or deficiency in any of the foregoing or any other circumstance whatsoever, the Junior RepresentativeAgent, on behalf of each Junior Secured Party, in respect of such Collateral hereby agrees that:

Appears in 1 contract

Samples: Intercreditor Agreement (WCI Steel, Inc.)

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Lien Subordination. Notwithstanding the date, manner or order of grant, attachment or perfection of any Junior Lien in respect of any Collateral or of any Senior Lien in respect of any Collateral and notwithstanding any provision of the UCC, any applicable lawApplicable Law, any Security Collateral Document, any alleged or actual defect or deficiency in any of the foregoing or any other circumstance whatsoever, the each Junior RepresentativeAgent, on behalf of each Junior Secured Party, in respect of such Collateral hereby agrees that:

Appears in 1 contract

Samples: Intercreditor Agreement (Goodman Sales CO)

Lien Subordination. Notwithstanding the date, manner or order of grant, attachment or perfection of any Junior Lien in respect of any Collateral or of any Senior Lien in respect of any Collateral and notwithstanding any provision of the UCC, any applicable law, any Security Document, any alleged or actual defect or deficiency in any of the foregoing or any other circumstance whatsoever, the each Junior Representative, on behalf of each Junior Secured Party, in respect of such Collateral hereby agrees that:

Appears in 1 contract

Samples: Amended and Restated Intercreditor Agreement (Smithfield Foods Inc)

Lien Subordination. Notwithstanding the date, manner or order of grant, attachment or perfection of any Junior Lien in respect of any Collateral or of any Senior Lien in respect of any Collateral and notwithstanding any provision of the UCC, any applicable law, any Security Document, any alleged or actual defect or deficiency in any of the foregoing or any other circumstance whatsoever, the each Junior Representative, on behalf of each Junior Secured PartyParty represented by it, in respect of such Collateral hereby agrees that:

Appears in 1 contract

Samples: Intercreditor Agreement (Franchise Group, Inc.)

Lien Subordination. Notwithstanding the date, manner or order of grant, attachment or perfection of any Junior Lien in respect of any Collateral or of any Senior Lien in respect of any Collateral and notwithstanding any provision of the UCCUniform Commercial Code, any applicable law, any Security Document, any alleged or actual defect or deficiency in any of the foregoing or any other circumstance whatsoever, the each Junior Representative, on behalf of each Junior Secured PartyParty represented by it, in respect of such Collateral hereby agrees that:

Appears in 1 contract

Samples: Intercreditor Agreement (Winnebago Industries Inc)

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