Common use of No Other Beneficiaries of Lien Subordination Clause in Contracts

No Other Beneficiaries of Lien Subordination. This Agreement and the subordination provisions contained herein are intended only for the benefit of the holders of First Lien Obligations and no other creditor of the Borrower.

Appears in 2 contracts

Samples: Intercreditor and Lien Subordination Agreement, Intercreditor and Lien Subordination Agreement (Hercules Technology Growth Capital Inc)

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No Other Beneficiaries of Lien Subordination. This Agreement and the subordination provisions contained herein are intended only for the benefit of the holders of First Lien Obligations New Lenders and no Noteholder Agent, but not any Obligor or any other creditor of the Borrowerany Obligor.

Appears in 2 contracts

Samples: Intercreditor Agreement, Intercreditor Agreement (Electronic Cigarettes International Group, Ltd.)

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