Common use of Relative Priorities Clause in Contracts

Relative Priorities. Notwithstanding the date, time, method, manner or order of grant, attachment, recordation or perfection of any Liens on the Collateral securing the Second Lien Obligations or of any Liens on the Collateral securing the First Lien Obligations, and notwithstanding any provision of the UCC or any other applicable law, or the Second Lien Documents or the First Lien Documents, or any defect or deficiencies in, or failure to perfect or lapse in perfection of, or avoidance as a fraudulent conveyance or otherwise of, the Liens securing the First Lien Obligations or any other circumstance whatsoever, whether or not any Insolvency or Liquidation Proceeding has been commenced by or against any Obligor, each Second Lien Collateral Agent, on behalf of itself and its Related Second Lien Claimholders, hereby agrees that:

Relative Priorities. Notwithstanding the date, time, method, manner or order of grant, attachment, recordation or perfection of any Liens on the Collateral securing the Second Lien Obligations or of any Liens on the Collateral securing the First Lien Obligations, and notwithstanding any provision of the UCC or any other applicable law, or the Initial Second Lien Documents or the First Lien Documents, or any defect or deficiencies in, or failure to perfect or lapse in perfection of, or avoidance as a fraudulent conveyance or otherwise of, the Liens securing the First Lien Obligations or any other circumstance whatsoever, whether or not any Insolvency or Liquidation Proceeding has been commenced by or against any Obligor, each Second Lien Collateral Agent, on behalf of itself and its Related Second Lien Claimholders, hereby agrees that:

Relative Priorities. Notwithstanding the date, time, method, manner or order of grant, attachment, recordation attachment or perfection of any Liens on the Collateral securing the Second Lien Obligations granted on the Collateral or of any Liens on the Collateral securing the First Lien Obligations, Obligations granted on the Collateral and notwithstanding any provision of the UCC UCC, or any other applicable law, law or the Second Lien Documents or the First Lien Documents, or any defect or deficiencies in, or failure to perfect or lapse in perfection of, or avoidance as a fraudulent conveyance or otherwise of, the Liens securing the First Lien Obligations or any other circumstance whatsoever, whether or not any Insolvency or Liquidation Proceeding has been commenced by or against the Company or any Obligorother Grantor, each the Second Lien Collateral Agent, on behalf of itself and its Related the Second Lien Claimholders, hereby agrees that:

Relative Priorities. Notwithstanding the date, time, method, manner or order of grant, attachment, recordation or perfection of any Liens on the Collateral securing the Second Lien ABL Obligations or of any Liens on the Collateral securing the First Lien Term Loan Obligations, and notwithstanding any provision of the UCC or any other applicable law, or the Second Lien ABL Documents or the First Lien Term Loan Documents, or any defect or deficiencies in, or failure to perfect or lapse in perfection of, or avoidance as a fraudulent conveyance or otherwise of, the Liens securing any of the First Lien Obligations or any other circumstance whatsoever, whether or not any Insolvency or Liquidation Proceeding has been commenced by or against any Obligor, each Second Lien Collateral Agent, on behalf of itself and its Related Second Lien Claimholders, hereby agrees that:

Relative Priorities. Notwithstanding the date, time, method, manner or order of grant, attachment, recordation attachment or perfection of any Liens on the Collateral securing the Second Lien Obligations granted on the Collateral or of any Liens on the Collateral securing the First Lien Obligations, Obligations granted on the Collateral and notwithstanding any provision of the UCC UCC, or any other applicable law, law or the Second Lien Note Facility Documents or the First Lien Documents, or any defect or deficiencies in, or failure to perfect or lapse in perfection of, or avoidance as a fraudulent conveyance or otherwise of, the Liens securing the First Lien Obligations or any other circumstance whatsoever, whether or not any Insolvency or Liquidation Proceeding has been commenced by or against the Company or any Obligorother Grantor, each the Second Lien Collateral Agent, on behalf of itself and its Related the Second Lien Claimholders, hereby agrees that:

Relative Priorities. Notwithstanding the date, time, method, manner or order of grant, attachment, recordation or perfection of any Liens on the Collateral securing the Second Lien Obligations or of any Liens on the Collateral securing the First Lien Obligations, and notwithstanding any provision of the UCC or any other applicable law, or the Second Lien Documents or the First Lien Documents, or any defect or deficiencies in, or failure to perfect or lapse in perfection of, or avoidance as a fraudulent conveyance or otherwise of, the Liens on the Collateral securing the First Lien Obligations or any other circumstance whatsoever, whether or not any Insolvency or Liquidation Proceeding has been commenced by or against any Obligor, each Second Lien Collateral Agent, on behalf of itself and its Related Second Lien Claimholders, hereby agrees that:

Relative Priorities. Notwithstanding the date, time, method, manner or order of grant, attachment, recordation or perfection of any Liens on the Collateral securing the Second Lien Obligations granted on the Collateral or of any Liens on the Collateral securing the First Lien Obligations, Obligations granted on the Collateral and notwithstanding any provision of the UCC or any other applicable law, law or the Second Lien Financing Documents or the First Lien Documents, or any defect or deficiencies in, or failure to perfect or lapse in perfection of, or avoidance as a fraudulent conveyance conveyance, fraudulent transfer, preference or otherwise of, the Liens securing the First Lien Obligations or any other circumstance whatsoever, whether or not any Insolvency or Liquidation Proceeding has been commenced by or against any Obligor, each the Second Lien Collateral Agent, on behalf of itself and its Related the Second Lien Claimholders, hereby agrees that:

Relative Priorities. Notwithstanding the date, time, method, manner or order of grant, attachment, recordation attachment or perfection of any Liens on the Collateral securing the Second Lien Obligations granted on the Collateral or of any Liens securing the 2024 First Lien Obligations granted on the Collateral securing the First Lien Obligations, and notwithstanding any provision of the UCC or any other applicable law, law or the Second Lien Loan Documents or the First Lien Documents, or any defect or deficiencies in, or failure to perfect or lapse in perfection of, or avoidance as a fraudulent conveyance or otherwise of, the Liens securing the 2024 First Lien Obligations or any other circumstance whatsoeverObligations, whether or not any Insolvency or Liquidation Proceeding has been commenced by or against the Company or any Obligorother Grantor, each the Second Lien Collateral Agent, for itself and on behalf of itself and its Related each other Second Lien ClaimholdersClaimholder, hereby agrees that:

Relative Priorities. Notwithstanding the date, time, method, manner or order of grant, attachment, recordation attachment or perfection of any Liens on the Collateral securing the Second Lien Obligations granted on the Collateral or of any Liens on the Collateral securing the First Lien Obligations, Obligations granted on the Collateral and notwithstanding any provision of the UCC or any other applicable law, law or the Second Lien Loan Documents or the First Lien Documents, or any defect or deficiencies in, or failure to perfect or lapse in perfection of, or avoidance as a fraudulent conveyance or otherwise of, the Liens securing the First Lien Obligations or any other circumstance whatsoeverObligations, whether or not any Insolvency or Liquidation Proceeding has been commenced by or against the Company or any Obligorother Grantor, each the Second Lien Collateral Agent, for itself and on behalf of itself and its Related each other Second Lien ClaimholdersClaimholder, hereby agrees that:

Relative Priorities. Notwithstanding the date, time, method, manner or order of grant, attachment, recordation or perfection of any Liens on the Collateral securing the Second Lien Obligations or of any Liens on the Collateral securing the First Lien Obligations, and notwithstanding any provision of the UCC or any other applicable law, or the Initial Second Lien Documents or the First Lien Documents, or any defect or deficiencies in, or failure to perfect or lapse in perfection of, or avoidance as a fraudulent conveyance or otherwise of, the Liens securing the First Lien Obligations or any other circumstance whatsoever, whether or not any Insolvency or Liquidation Proceeding has been commenced by or against any Obligor, the Second Lien Collateral Agent and each Second Lien Collateral AgentRepresentative, on behalf of itself and its Related Second Lien Claimholders, hereby agrees that:

Relative Priorities. Notwithstanding the date, time, method, manner or order of grant, attachment, recordation attachment or perfection of any Liens securing the Second Priority Obligations granted on the Collateral securing the Second Lien Obligations or of any Liens securing the First Priority Obligations granted on the Collateral securing the First Lien Obligations, and notwithstanding any provision of the UCC UCC, or any other applicable law, law or the Second Lien Priority Documents or the First Lien Documents, or any defect or deficiencies in, or failure to perfect or lapse in perfection of, or avoidance as a fraudulent conveyance or DM3\8975843.1 otherwise of, the Liens securing the First Lien Priority Obligations or any other circumstance whatsoever, whether or not any Insolvency or Liquidation Proceeding has been commenced by or against the Company or any Obligorother Grantor, each the Second Lien Priority Collateral Agent, on behalf of itself and its Related the Second Lien Priority Claimholders, hereby agrees that:

Relative Priorities. Notwithstanding the date, time, method, manner or order of grant, attachment, recordation attachment or perfection of any Liens on the Collateral securing the Second Lien Obligations granted on the Common Collateral or of any Liens on the Collateral securing the First Lien Obligations, Obligations granted on the Common Collateral and notwithstanding any provision of the UCC UCC, or any other applicable law, law or the Second Lien Documents or the First Lien Documents, or any defect or deficiencies in, or failure to perfect or lapse in perfection of, or avoidance as a fraudulent conveyance or otherwise of, the Liens securing the First Lien Obligations or any other circumstance whatsoever, whether or not any Insolvency or Liquidation Proceeding has been commenced by or against any ObligorBorrower or any other Grantor, each the Second Lien Collateral Agent, on behalf of itself and its Related the Second Lien Claimholders, hereby agrees that: