Provisions Solely to Define Relative Rights. The provisions of this Agreement are and are intended solely for the purpose of defining the relative rights of the Senior Priority Secured Parties and the Junior Priority Secured Parties, respectively. Nothing in this Agreement is intended to or shall impair the rights of any Credit Party, or the obligations of any Credit Party to pay any Original Senior Lien Obligations, any [ ]1 [Senior/Junior]2 Lien Obligations and any Additional Obligations as and when the same shall become due and payable in accordance with their terms.
Appears in 6 contracts
Samples: Credit Agreement (Atkore International Group Inc.), Credit Agreement (Atkore International Group Inc.), Credit Agreement (Mauser Group B.V.)
Provisions Solely to Define Relative Rights. The provisions of this Agreement are and are intended solely for the purpose of defining the relative rights of the Senior Priority Secured Parties and the Junior Priority Secured Parties, respectively. Nothing in this Agreement is intended to or shall impair the rights of any Credit Party, or the obligations of any Credit Party to pay any Original Senior First Lien Obligations, any [ ]1 [Senior/Junior]2 Original Second Lien Obligations and any Additional Obligations as and when the same shall become due and payable in accordance with their terms.
Appears in 6 contracts
Samples: Intercreditor Agreement (Atkore International Group Inc.), Intercreditor Agreement (Mauser Group B.V.), Credit Agreement (Mauser Group B.V.)
Provisions Solely to Define Relative Rights. The provisions of this Agreement are and are intended solely for the purpose of defining the relative rights of the Senior Priority Secured Parties and the Junior Priority Secured Parties, respectively. Nothing in this Agreement is intended to or shall impair the rights of the Company or any other Credit Party, or the obligations of the Company or any other Credit Party to pay any Original Senior Lien the Term Loan Obligations, any [ ]1 [Senior/Junior]2 Lien the Initial Junior Priority Obligations and any Additional Obligations as and when the same shall become due and payable in accordance with their terms.
Appears in 5 contracts
Samples: Credit Agreement (SiteOne Landscape Supply, Inc.), Credit Agreement (Envision Healthcare Corp), Term Loan Credit Agreement (Nci Building Systems Inc)
Provisions Solely to Define Relative Rights. The provisions of this Agreement are and are intended solely for the purpose of defining the relative rights of the Senior Priority Secured Parties and the Junior Priority Secured Parties, respectively. Nothing in this Agreement is intended to or shall impair the rights of the Company or any other Credit Party, or the obligations of the Company or any other Credit Party to pay any Original Senior Lien the Cash Flow Obligations, any [ ]1 [Senior/Junior]2 Lien the Initial Junior Priority Obligations and any Additional Obligations as and when the same shall become due and payable in accordance with their terms.
Appears in 3 contracts
Samples: Intercreditor Agreement (Lannett Co Inc), Cash Flow Intercreditor Agreement (Lannett Co Inc), Intercreditor Agreement (Lannett Co Inc)
Provisions Solely to Define Relative Rights. The provisions of this Agreement are and are intended solely for the purpose of defining the relative rights of the Senior Priority Secured Parties and the Junior Priority Secured Parties, respectively. Nothing in this Agreement is intended to or shall impair the rights of the Company or any other Credit Party, or the obligations of the Company or any other Credit Party to pay any Original Senior Lien the Term Obligations, any [ ]1 [Senior/Junior]2 the First Lien Note Obligations, the Second Lien Note Obligations and any Additional Obligations as and when the same shall become due and payable in accordance with their terms.
Appears in 2 contracts
Samples: Cash Flow Intercreditor Agreement (Hd Supply, Inc.), Credit Agreement (Hd Supply, Inc.)
Provisions Solely to Define Relative Rights. The provisions of this Agreement are and are intended solely for the purpose of defining the relative rights of the Senior Priority Secured Parties and the Junior Priority Secured Parties, respectively. Nothing in this Agreement is intended to or shall impair the rights of the Company or any other Credit Party, or the obligations of the Company or any other Credit Party to pay any Original Senior Lien the ABL Obligations, any [ ]1 [Senior/Junior]2 Lien the Initial Junior Priority Obligations and any Additional Obligations as and when the same shall become due and payable in accordance with their terms.
Appears in 2 contracts
Samples: Intercreditor Agreement (Nci Building Systems Inc), Credit Agreement (Emergency Medical Services CORP)
Provisions Solely to Define Relative Rights. The provisions of this Agreement are and are intended solely for the purpose of defining the relative rights of the Senior Priority Secured Parties and the Junior Priority Secured Parties, respectively. Nothing in this Agreement is intended to or shall impair the rights of any Credit Party, or the obligations of any Credit Party to pay any the Original Senior First Lien Obligations, any [ ]1 [Senior/Junior]2 the Original Second Lien Obligations and any Additional Obligations as and when the same shall become due and payable in accordance with their terms.
Appears in 2 contracts
Samples: Credit Agreement (Tribune Publishing Co), Intercreditor Agreement (Tribune Publishing Co)
Provisions Solely to Define Relative Rights. The provisions of this Agreement are and are intended solely for the purpose of defining the relative rights of the Senior Priority Secured Parties and the Junior Priority Secured Parties, respectively. Nothing in this Agreement is intended to or shall impair the rights of the Company or any other Credit Party, or the obligations of the Company or any other Credit Party to pay any Original Senior Lien the Cash Flow Obligations, any [ ]1 [Senior/Junior]2 Lien the Initial Junior Priority Obligations and any Additional Obligations as and when the same shall become due and payable in accordance with their terms.. Section 7.15
Appears in 1 contract
Samples: Credit Agreement (Cornerstone Building Brands, Inc.)
Provisions Solely to Define Relative Rights. The provisions of this Agreement are and are intended solely for the purpose of defining the relative rights of the Senior Priority Secured Parties and the Junior Priority Secured Parties, respectively. Nothing in this Agreement is intended to or shall impair the rights of any Credit Party, or the obligations of any Credit Party to pay any Original Senior July 2012 First Lien Obligations, any [ ]1 [SeniorFirst/Junior]2 Second]2 Lien Obligations and any Additional Obligations as and when the same shall become due and payable in accordance with their terms.
Appears in 1 contract
Samples: Credit Agreement (Booz Allen Hamilton Holding Corp)
Provisions Solely to Define Relative Rights. The provisions of this Agreement are and are intended solely for the purpose of defining the relative rights of the Senior Priority Secured Parties and the Junior Priority Secured Parties, respectively. Nothing in this Agreement is intended to or shall impair the rights of any Credit Party, or the obligations of any Credit Party to pay any Original Senior First Lien Obligations, any [ ]1 [SeniorFirst/Junior]2 Second]2 Lien Obligations and any Additional Obligations as and when the same shall become due and payable in accordance with their terms.
Appears in 1 contract
Provisions Solely to Define Relative Rights. The provisions of this Agreement are and are intended solely for the purpose of defining the relative rights of the Senior Priority Secured Parties and the Junior Priority Secured Parties, respectively. Nothing in this Agreement is intended to or shall impair the rights of the Company or any other Credit Party, or the obligations of the Company or any other Credit Party to pay any Original Senior Lien the Note Obligations, any [ ]1 [Senior/Junior]2 Lien the Initial Junior Priority Obligations and any Additional Obligations as and when the same shall become due and payable in accordance with their terms.
Appears in 1 contract
Samples: Intercreditor Agreement (Unistrut International Holdings, LLC)
Provisions Solely to Define Relative Rights. The provisions of this Agreement are and are intended solely for the purpose of defining the relative rights of the Senior Priority Secured Parties and the Junior Priority Secured Parties, respectively. Nothing in this Agreement is intended to or shall impair the rights of any Credit Party, or the obligations of any Credit Party to pay any Original Senior February 2019 First Lien Obligations, any [ ]1 [SeniorFirst/Junior]2 Second]2 Lien Obligations and any Additional Obligations as and when the same shall become due and payable in accordance with their terms.
Appears in 1 contract
Provisions Solely to Define Relative Rights. The provisions of this Agreement are and are intended solely for the purpose of defining the relative rights of the Senior Priority Secured Parties and the Junior Priority Secured Parties, respectively. Nothing in this Agreement is intended to or shall impair the rights of any Credit Party, or the obligations of any Credit Party to pay any Original Senior First Lien Obligations, any [ ]1 (1) [SeniorFirst/Junior]2 Second](2) Lien Obligations and any Additional Obligations as and when the same shall become due and payable in accordance with their terms.
Appears in 1 contract
