Common use of Provisions Define Relative Rights Clause in Contracts

Provisions Define Relative Rights. The subordination provisions set forth herein are intended solely for the purpose of defining the relative rights of Parent, the Borrower, the other Intercompany Lenders and the other Intercompany Debtors, on the one hand, and the Collateral Agent and the other Secured Parties, on the other, and no other Person shall have any right, benefit or other interest under these subordination provisions.

Appears in 3 contracts

Samples: Credit Agreement (Navistar International Corp), Agreement (Navistar International Corp), Credit Agreement (Navistar International Corp)

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Provisions Define Relative Rights. The These subordination provisions set forth herein --------------------------------- are intended solely for the purpose of defining the relative rights of Parent, the Borrower, the other Intercompany Lenders and the other Intercompany Debtors, on the one hand, hand and the Collateral Agent and the other Secured Parties, Subordinated Lender on the other, and no other Person person shall have any right, benefit or other interest under these subordination provisions.

Appears in 1 contract

Samples: Credit Agreement (Verizon Wireless Inc)

Provisions Define Relative Rights. The subordination provisions set forth herein are intended solely for the purpose of defining the relative rights of Parent, the Borrower, the other Intercompany Lenders and the other Intercompany Debtors, on the one hand, and the Collateral General Administrative Agent and the other Secured Parties, on the other, and no other Person shall have any right, benefit or other interest under these subordination provisions.

Appears in 1 contract

Samples: Credit and Guaranty Agreement (Tivity Health, Inc.)

Provisions Define Relative Rights. The subordination provisions set forth herein are intended solely for the purpose of defining the relative rights of ParentHoldings, the Borrower, the other Intercompany Lenders and the other Intercompany Debtorsdebtors, on the one hand, and the Collateral Administrative Agent and the other Secured Parties, on the other, and no other Person shall have any right, benefit or other interest under these subordination provisions.

Appears in 1 contract

Samples: Credit Agreement (Bz Intermediate Holdings LLC)

Provisions Define Relative Rights. The These subordination provisions set forth herein are intended solely for the purpose of defining the relative rights of Parent, the Borrower, the other Intercompany Senior Lenders and the other Intercompany Debtors, on the one hand, hand and the Collateral Agent and the other Secured Parties, Subordinated Creditors on the other, and no other Person person shall have any right, benefit or other interest under these subordination provisions.

Appears in 1 contract

Samples: First Amendment Agreement (Alon USA Energy, Inc.)

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Provisions Define Relative Rights. The These subordination provisions set forth herein are intended solely for the purpose of defining the relative rights of Parent, the Borrower, the other Intercompany Senior Lenders and the other Intercompany Debtors, on the one hand, hand and the Collateral Agent and the other Secured Parties, Intercompany Lenders on the other, and no other Person shall have any right, benefit or other interest under these subordination provisions.

Appears in 1 contract

Samples: Credit Facility Agreement (Janus Capital Group Inc)

Provisions Define Relative Rights. The subordination provisions set forth herein are intended solely for the purpose of defining the relative rights of Parent, the Borrower, the other Intercompany Lenders and the other Intercompany Debtors, on the one hand, and the Collateral Agent Agents and the other Secured Parties, on the other, and no other Person shall have any right, benefit or other interest under these subordination provisions.

Appears in 1 contract

Samples: Indenture (Core Scientific, Inc./Tx)

Provisions Define Relative Rights. The subordination provisions set forth herein are intended solely for the purpose of defining the relative rights of Parent, the Borrower, the other Intercompany Lenders and the other Intercompany Debtors, on the one hand, and the Collateral Administrative Agent and the other Secured PartiesSenior Lenders, on the other, and no other Person shall have any right, benefit or other interest under these subordination provisions.

Appears in 1 contract

Samples: Global Intercompany Consent Agreement (GoPro, Inc.)

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