Common use of Perfection of Liens Clause in Contracts

Perfection of Liens. Except for the arrangements contemplated by Section 5.5, none of the First Lien Representatives, the First Lien Collateral Agents or the First Lien Claimholders shall be responsible for perfecting and maintaining the perfection of Liens with respect to the Collateral for the benefit of the Second Lien Representatives, the Second Lien Collateral Agents or the Second Lien Claimholders. The provisions of this Agreement are intended solely to govern the respective Lien priorities as between the First Lien Claimholders on the one hand and the Second Lien Claimholders on the other hand and such provisions shall not impose on the First Lien Representatives, the First Lien Collateral Agents, the First Lien Claimholders, the Second Lien Representatives, the Second Lien Collateral Agents, the Second Lien Claimholders or any agent or trustee therefor any obligations in respect of the disposition of proceeds of any Collateral which would conflict with prior-perfected claims therein in favor of any other Person or any order or decree of any court or Governmental Authority or any applicable law.

Perfection of Liens. Except for the arrangements contemplated by Section 5.55.7, none of the First Senior Lien Representatives, the First Senior Lien Collateral Agents or the First Senior Lien Claimholders shall be responsible for perfecting and maintaining the perfection of Liens with respect to the Collateral for the benefit of the Second Junior Lien Representatives, the Second Junior Lien Collateral Agents or the Second Junior Lien Claimholders. The provisions of this Agreement are intended solely to govern the respective Lien priorities as between the First Senior Lien Claimholders on the one hand and the Second Junior Lien Claimholders on the other hand and such provisions shall not impose on the First Senior Lien Representatives, the First Senior Lien Collateral Agents, the First Senior Lien Claimholders, the Second Junior Lien Representatives, the Second Junior Lien Collateral Agents, the Second Junior Lien Claimholders or any agent or trustee therefor any obligations in respect of the disposition of proceeds of any Collateral which would conflict with prior-perfected claims therein in favor of any other Person or any order or decree of any court or Governmental Authority or any applicable law.

Perfection of Liens. Except for the arrangements contemplated by Section 5.5, none of the First Lien Representatives, the First Lien Collateral Agents or the First Lien Claimholders Secured Parties shall be responsible for perfecting and maintaining the perfection of Liens with respect to the Collateral for the benefit of the Second Lien Representatives, the Second Lien Collateral Agents or the Second Lien ClaimholdersSecured Parties. The provisions of this Agreement are intended solely to govern the respective Lien priorities as between the First Lien Claimholders Secured Parties on the one hand and the Second Lien Claimholders Secured Parties on the other hand and such provisions shall not impose on the First Lien Representatives, the First Lien Collateral Agents, the First Lien ClaimholdersSecured Parties, the Second Lien Representatives, the Second Lien Collateral Agents, the Second Lien Claimholders Secured Parties or any agent or trustee therefor any obligations in respect of the disposition of proceeds of any Collateral which would conflict with prior-perfected claims therein in favor of any other Person or any order or decree of any court or Governmental Authority or any applicable law.

Perfection of Liens. Except for the arrangements contemplated by agreements of the First Lien Collateral Agent pursuant to Section 5.55.05 hereof, none of the First Lien RepresentativesCollateral Agent, the First Lien Collateral Agents Authorized Representatives or the First Lien Claimholders Secured Parties shall be responsible for perfecting and maintaining the perfection of Liens with respect to the Shared Collateral for the benefit of the Second Lien Representatives, the Second Lien Collateral Agents Authorized Representatives or the Second Lien ClaimholdersSecured Parties. The provisions of this Agreement are intended solely to govern the respective Lien priorities as between the First Lien Claimholders on the one hand Secured Parties and the Second Lien Claimholders on the other hand Secured Parties and such provisions shall not impose on the First Lien Collateral Agent, the First Lien Authorized Representatives, the First Lien Collateral Agents, the First Lien ClaimholdersSecured Parties, the Second Lien Authorized Representatives, the Second Lien Collateral Agents, the Second Lien Claimholders Secured Parties or any agent or trustee therefor any obligations in respect of the disposition of proceeds Proceeds of any Shared Collateral which would conflict with prior-prior perfected claims therein in favor of any other Person or any order or decree of any court or Governmental Authority governmental authority or any applicable law.

Perfection of Liens. Except for the arrangements contemplated by Section 5.5, none of the First Lien Representatives, neither the First Lien Collateral Agents Agent or the First Lien Claimholders Claimholders, on one hand, nor the Second Lien Collateral Agent or the Second Lien Claimholders, on the other hand, shall be responsible for perfecting and maintaining the perfection of Liens with respect to the Collateral for the benefit of the Second Lien Representatives, the Second Lien Collateral Agents or the Second Lien Claimholdersother. The provisions of this Agreement are intended solely to govern the respective Lien priorities as between the First Lien Claimholders on the one hand and the Second Lien Claimholders on the other hand and such provisions shall not impose on the First Lien Representatives, the First Lien Collateral AgentsAgent, the First Lien Claimholders, the Second Lien Representatives, the Second Lien Collateral AgentsAgent, the Second Lien Claimholders or any agent or trustee therefor any obligations in respect of the disposition of proceeds of any Collateral which would conflict with prior-perfected claims therein in favor of any other Person or any order or decree of any court or Governmental Authority or any applicable law.

Perfection of Liens. Except for the arrangements contemplated by Section 5.55.4, none of the First Lien Representatives, the First Lien Collateral Agents or the First Lien Claimholders Secured Parties shall be responsible for perfecting and maintaining the perfection of Liens with respect to the Collateral for the benefit of the Second Lien Representatives, the Second Lien Collateral Agents or the Second Lien ClaimholdersSecured Parties. The provisions of this Agreement are intended solely to govern the respective Lien priorities as between the First Lien Claimholders Secured Parties on the one hand and the Second Lien Claimholders Secured Parties on the other hand and such provisions shall not impose on the First Lien Representatives, the First Lien Collateral Agents, the First Lien ClaimholdersSecured Parties, the Second Lien Representatives, the Second Lien Collateral Agents, the Second Lien Claimholders Secured Parties or any agent or trustee therefor any obligations in respect of the disposition of proceeds of any Collateral which would conflict with prior-perfected claims therein in favor of any other Person or any order or decree of any court or Governmental Authority or any applicable law.

Perfection of Liens. Except for the arrangements contemplated by Section 5.5, none of neither the First Lien Representatives, the 2024 First Lien Collateral Agents Agent or the 2024 First Lien Claimholders Claimholders, on one hand, nor the Second Lien Collateral Agent or the Second Lien Claimholders, on the other hand, shall be responsible for perfecting and maintaining the perfection of Liens with respect to the Collateral for the benefit of the Second Lien Representatives, the Second Lien Collateral Agents or the Second Lien Claimholdersother. The provisions of this Agreement are intended solely to govern the respective Lien priorities as between the 2024 First Lien Claimholders on the one hand and the Second Lien Claimholders on the other hand and such provisions shall not impose on the First Lien Representatives, the 2024 First Lien Collateral AgentsAgent, the 2024 First Lien Claimholders, the Second Lien Representatives, the Second Lien Collateral AgentsAgent, the Second Lien Claimholders or any agent or trustee therefor any obligations in respect of the disposition of proceeds of any Collateral which would conflict with prior-perfected claims therein in favor of any other Person or any order or decree of any court or Governmental Authority or any applicable law.

Perfection of Liens. Except for the arrangements contemplated by Section 5.5, none of the First Lien Representatives, the First Lien Collateral Agents or the First Lien Claimholders shall be responsible for perfecting and maintaining the perfection of Liens with respect to the Collateral for the benefit of the Second Lien Representatives, the Second Lien Collateral Agents or the Second Lien Claimholders. The provisions of this Agreement are intended solely to govern the respective Lien priorities as between the First Lien Claimholders on the one hand and the Second Lien Claimholders on the other hand hand, and such provisions shall not impose on the First Lien Representatives, the First Lien Collateral Agents, the First Lien Claimholders, the Second Lien Representatives, the Second Lien Collateral Agents, the Second Lien Claimholders or any agent or trustee therefor any obligations in respect of the disposition of proceeds of any Collateral which would conflict with prior-perfected claims therein in favor of any other Person or any order or decree of any court or Governmental Authority or any applicable law.

Perfection of Liens. Except for the arrangements contemplated by Section 5.5, none of the First Senior Lien Representatives, the First Senior Lien Collateral Agents or the First Senior Lien Claimholders shall be responsible for perfecting and maintaining the perfection of Liens with respect to the Collateral for the benefit of the Second Junior Lien Representatives, the Second Junior Lien Collateral Agents or the Second Junior Lien Claimholders. The provisions of this Agreement are intended solely to govern the respective Lien priorities as between the First Senior Lien Claimholders on the one hand and the Second Junior Lien Claimholders on the other hand hand, and such provisions shall not impose on the First Senior Lien Representatives, the First Senior Lien Collateral Agents, the First Senior Lien Claimholders, the Second Junior Lien Representatives, the Second Junior Lien Collateral Agents, the Second Junior Lien Claimholders or any agent or trustee therefor any obligations in respect of the disposition of proceeds of any Collateral which would conflict with prior-perfected claims therein in favor of any other Person or any order or decree of any court or Governmental Authority or any applicable law.

Perfection of Liens. Except for the arrangements contemplated by Section 5.5, none of the First Lien Representatives, the First Lien Collateral Agents or the First Lien Claimholders Secured Parties shall be responsible for perfecting and maintaining the perfection of Liens with respect to the Collateral for the benefit of the Second Lien RepresentativesRepresentative, the Second Lien Collateral Agents Agent or the Second Lien ClaimholdersSecured Parties, which shall be the responsibility of the Company. The provisions of this Agreement are intended solely to govern the respective Lien priorities as between the First Lien Claimholders Secured Parties on the one hand and the Second Lien Claimholders Secured Parties on the other hand and such provisions shall not impose on the First Lien Representatives, the First Lien Collateral Agents, the First Lien ClaimholdersSecured Parties, the Second Lien RepresentativesRepresentative, the Second Lien Collateral AgentsAgent, the Second Lien Claimholders Secured Parties or any agent or trustee therefor any obligations in respect of the disposition of proceeds of any Collateral which would conflict with prior-perfected claims therein in favor of any other Person or any order or decree of any court or Governmental Authority governmental authority or any applicable law.

Perfection of Liens. Except for the arrangements contemplated by Section 5.5, none of the First Lien Representatives, the First Lien Collateral Agents or the First Lien Claimholders shall be responsible for perfecting and maintaining the perfection of Liens with respect to the Collateral for the benefit of the Second Lien Representatives, the Second Lien Collateral Agents or the Second Lien Claimholders. The provisions of this Agreement are intended solely to govern the respective Lien priorities as between the First Lien Claimholders on the one hand and the Second Lien Claimholders on the other hand and such provisions shall not impose on the First Lien Representatives, the First Lien Collateral Agents, the First Lien Claimholders, the Second Lien Representatives, the Second Lien Collateral Agents, the Second Lien Claimholders or any agent or trustee therefor any obligations in respect of the disposition of proceeds of any Collateral which would conflict with prior-perfected claims therein in favor of any other Person or any order or decree of any court or Governmental Authority or any applicable law.