Common use of No Third Party Beneficiaries/ Provisions Solely to Define Relative Rights Clause in Contracts

No Third Party Beneficiaries/ Provisions Solely to Define Relative Rights. This Agreement and the rights and benefits hereof shall inure to the benefit of each of the ABL Claimholders and the Term Loan Claimholders and their respective successors and assigns from time to time. The provisions of this Agreement are and are intended solely for the purpose of defining the relative rights of the Joint ABL Agent and the other ABL Claimholders on the one hand and the Term Loan Collateral Agent and the other Term Loan Claimholders on the other hand. Nothing herein shall be construed to limit the relative rights and obligations as among the ABL Claimholders or as among the Term Loan Claimholders. Other than as set forth in Section 8.3, none of the ABL Grantor or any other creditor shall have any rights hereunder and neither the ABL Grantor nor any other creditor may rely on the terms hereof. Nothing in this Agreement is intended to or shall impair the obligations of the ABL Grantor, which are absolute and unconditional, to pay the ABL Obligations and the Term Loan Obligations as and when the same shall become due and payable in accordance with their terms.

No Third Party Beneficiaries/ Provisions Solely to Define Relative Rights. This Agreement and the rights and benefits hereof shall inure to the benefit of each of the ABL Claimholders and the Term Loan Claimholders and their respective successors and assigns from time to time. The provisions of this Agreement other than Section 9 are and are intended solely for the purpose of defining the relative rights of the Joint ABL Term Loan Collateral Agent and the other ABL Term Loan Claimholders on the one hand and the Term Loan Collateral Agent and the other Term Loan Claimholders on the other handhand and the provisions of Section 9 are and are intended solely for the purpose of setting forth the powers, duties and obligations of the Pari Passu Collateral Agent as collateral agent for the benefit of the holders of ABL Obligations. Nothing herein shall be construed to limit the relative rights and obligations as among the ABL Term Loan Claimholders or or, other than set forth in Section 9, as among the Term Loan ABL Claimholders. Other than as set forth in Section 8.3, none of the ABL any New Grantor or any other creditor shall have any rights hereunder and neither the ABL Grantor any New Grantors nor any other creditor may rely on the terms hereof. Nothing in this Agreement is intended to or shall impair the obligations of the ABL any New Grantor, which are absolute and unconditional, to pay the ABL Term Loan Obligations and the Term Loan ABL Obligations as and when the same shall become due and payable in accordance with their terms.

No Third Party Beneficiaries/ Provisions Solely to Define Relative Rights. This Agreement and the rights and benefits hereof shall inure to the benefit of each of the ABL Claimholders and the Senior Term Loan Claimholders and the Junior Term Claimholders and their respective successors and assigns from time to time. The provisions of this Agreement are and are intended solely for the purpose of defining the relative rights of the Joint ABL Collateral Agent and the other ABL Claimholders on the one hand and the Senior Term Loan Collateral Agent Agents, the Senior Term Claimholders, the Junior Term Collateral Agents and the other Senior Term Loan Claimholders Claimholders, on the other hand. Nothing herein shall be construed to limit the relative rights and obligations as among the ABL Claimholders, as among the Junior Term Claimholders, as among the Senior Term Claimholders or as among the Junior Term Loan Claimholders and the Senior Term Claimholders. Other than as set forth in Section 8.38.3 and 8.18, none of the ABL Parent Borrower, any other Grantor or any other creditor thereof shall have any rights hereunder and neither the ABL Grantor Parent Borrower nor any other creditor Grantor may rely on the terms hereof. Nothing in this Agreement is intended to or shall impair the obligations of the ABL Parent Borrower or any other Grantor, which are absolute and unconditional, to pay the ABL Obligations, the Senior Term Obligations and the Junior Term Loan Obligations as and when the same shall become due and payable in accordance with their terms.

No Third Party Beneficiaries/ Provisions Solely to Define Relative Rights. This Agreement and the rights and benefits hereof shall inure to the benefit of each of the ABL Claimholders and the Term Loan Claimholders and their respective successors and assigns from time to time. The provisions of this Agreement are and are intended solely for the purpose of defining the relative rights of the Joint ABL Collateral Agent and the other ABL Claimholders on the one hand and the Term Loan Collateral Agent and the other Term Loan Claimholders on the other hand. Nothing herein shall be construed to limit the relative rights and obligations as among the ABL Claimholders or as among the Term Loan Claimholders. Other than as set forth in Section 8.3, none of the any ABL Grantor or any other creditor shall have any rights hereunder and neither the any ABL Grantor Grantors nor any other creditor may rely on the terms hereof. Nothing in this Agreement is intended to or shall impair the obligations of the any ABL Grantor, which are absolute and unconditional, to pay the ABL Obligations and the Term Loan Obligations as and when the same shall become due and payable in accordance with their terms.. Table of Contents