Common use of Other Liens Against Accounts Clause in Contracts

Other Liens Against Accounts. Accounts that (i) are not owned by the Borrower or (ii) are subject to any right, claim, Lien or other interest of any other Person, other than (x) Liens in favor of Agent, securing the Obligations and (y) so long as an Intercreditor Agreement is in effect, Liens in favor of the holders of Non-ABL Priority Lien Obligations (or a trustee, agent or other representative therefor, including, without limitation the 2027 Notes Collateral Trustee) securing Non-ABL Priority Lien Obligations permitted hereunder;

Appears in 2 contracts

Samples: Credit Agreement (Unisys Corp), Credit Agreement (Unisys Corp)

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Other Liens Against Accounts. Accounts that (i) are not owned by the Borrower or (ii) are subject to any right, claim, Lien or other interest of any other Person, other than (x) Liens in favor of Agent, securing the Obligations and (y) so long as an the Intercreditor Agreement is in effect, Liens in favor of the holders of Non-ABL Priority Lien Obligations (or a trustee, agent or other representative therefor, including, without limitation the 2027 Notes Collateral Trustee) Trustee securing Non-ABL Priority Lien Obligations permitted hereunderDebt;

Appears in 2 contracts

Samples: Credit Agreement (Unisys Corp), Credit Agreement (Unisys Corp)

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