Common use of Other Liens Against Receivables Clause in Contracts

Other Liens Against Receivables. Accounts that (i) are not owned by a Borrower or (ii) are subject to any right, claim, Lien or other interest of any other Person, other than (A) Liens in favor of Agent, securing the Obligations, and (B) Liens in favor of the Trustee, securing the Indebtedness evidenced by the Permitted Senior Notes, as long as such Liens are and remain subject to the Intercreditor Agreement;

Appears in 2 contracts

Samples: Credit Agreement (Evraz North America PLC), Credit Agreement (Evraz North America LTD)

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Other Liens Against Receivables. Accounts that (i) are not owned by a such Borrower or (ii) are subject to any right, claim, Lien or other interest of any other Person, other than (Ax) Liens in favor of Agent, securing the Obligations, Obligations and (By) Liens in favor of the Trustee, securing the Indebtedness evidenced by the Permitted Senior Notes, as long as such Liens Notes Collateral Trustee that are and remain subject permitted pursuant to the Intercreditor AgreementSection 5.1(p);

Appears in 2 contracts

Samples: Revolving Credit Agreement (Real Industry, Inc.), Revolving Credit Agreement (Signature Group Holdings, Inc.)

Other Liens Against Receivables. Accounts that (i) are not owned by a the Borrower or (ii) are subject to any right, claim, Lien or other interest of any other Person, other than (A) Liens in favor of Agent, Agent securing the Obligations, Obligations and (B) Permitted Liens described in favor of the Trustee, securing the Indebtedness evidenced by the Permitted Senior Notes, as long as such Liens are and remain subject to the Intercreditor Agreementsubsection 5.1(c);

Appears in 1 contract

Samples: Credit Agreement (Essex Rental Corp.)

Other Liens Against Receivables. Accounts that (i) are not owned by a Borrower or (ii) are subject to any right, claim, Lien or other interest of any other Person, other than (A) Liens in favor of Agent, securing the Obligations, Obligations and Permitted Liens of the type described in clauses (c) and (Bf) Liens in favor of the Trustee, securing the Indebtedness evidenced by the Permitted Senior Notes, as long as such Liens are and remain subject to the Intercreditor AgreementSection 5.1;

Appears in 1 contract

Samples: Credit Agreement (NxStage Medical, Inc.)

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Other Liens Against Receivables. Accounts that (i) are not owned by a Borrower Credit Party or (ii) are subject to any right, claim, Lien or other interest of any other Person, other than (A) Liens in favor of Agent, Agent securing the Obligations, and (B) second priority Liens in favor of the Trustee, Refinanced Senior Note Holders securing the Indebtedness evidenced by the Permitted Refinanced Senior Notes, as long as such Notes and (C) non-consensual Liens permitted pursuant to Section 5.1 which are and remain subject junior in priority to the Intercreditor AgreementLiens in favor of the Agent on behalf of the Secured Parties;

Appears in 1 contract

Samples: Credit Agreement (WII Components, Inc.)

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