Common use of No Alteration of Priority Clause in Contracts

No Alteration of Priority. The priorities set forth in this Agreement are applicable irrespective of the order or time of attachment, or the order, time or manner of perfection, or the order or time of filing or recordation of any document or instrument, or other method of perfecting a Lien in favor of each Secured Creditor in any Collateral, and notwithstanding any conflicting terms or conditions which may be contained in any of the Documents.

Appears in 9 contracts

Samples: Intercreditor Agreement, Intercreditor and Non Disturbance Agreement (POSITIVEID Corp), Subordination Agreement (Princeton Review Inc)

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No Alteration of Priority. The priorities set forth in this Agreement are applicable irrespective of the order or time of attachment, or the order, time or manner of perfection or lack of perfection, or the order or time of filing or recordation of any document or instrument, or other method of perfecting a Lien in favor of each Secured Creditor in any Collateral, and notwithstanding any conflicting terms or conditions which may be contained in any of the Documents.

Appears in 1 contract

Samples: Securities Purchase Agreement (Film Department Holdings, Inc.)

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No Alteration of Priority. The priorities set forth in this Agreement are applicable irrespective of the order or time of attachment, or the order, time or manner of perfection, or the order or time of filing or recordation of any document or instrument, or other method of perfecting a Lien in favor of each Secured Creditor in any Collateral, and notwithstanding any conflicting terms or conditions which may be contained in any of the Documentsdocuments.

Appears in 1 contract

Samples: Intercreditor Agreement (Hooper Holmes Inc)

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