Common use of No Alteration on Shared Lien Priority Clause in Contracts

No Alteration on Shared Lien Priority. No provision of this Agreement or any Secured Document shall alter, modify, prejudice or otherwise adversely affect the first priority Lien for the benefit of the Secured Obligations.

Appears in 2 contracts

Samples: Collateral Agency and Intercreditor Agreement (CBL & Associates Limited Partnership), Collateral Agency and Intercreditor Agreement (CBL & Associates Limited Partnership)

AutoNDA by SimpleDocs

No Alteration on Shared Lien Priority. No provision of this Agreement or any Secured Document shall alter, modify, prejudice or otherwise adversely affect the first priority Lien for the benefit of the Secured Note Obligations and the Working Capital Facility Obligations.

Appears in 1 contract

Samples: Working Capital Facility Agreement (Trico Marine Services Inc)

AutoNDA by SimpleDocs

No Alteration on Shared Lien Priority. No provision of this Agreement or any Secured Document shall alter, modify, prejudice or otherwise adversely affect the first priority Lien for the benefit of the Secured Obligations.. 0000-0000-0000 v13 30

Appears in 1 contract

Samples: Collateral Agency and Intercreditor Agreement (CBL & Associates Limited Partnership)

Draft better contracts in just 5 minutes Get the weekly Law Insider newsletter packed with expert videos, webinars, ebooks, and more!