Release or Subordination of Liens. The Collateral Agent will not release or subordinate any Lien created or granted by any Security Document, or consent to the release or subordination of any Lien created or granted by any Security Document, except (i) as required by Article III; and (ii) as ordered pursuant to applicable law under a final and nonappealable order of a court of competent jurisdiction.
Appears in 5 contracts
Samples: Collateral Agency and Intercreditor Agreement (CBL & Associates Limited Partnership), Collateral Agency and Intercreditor Agreement (CBL & Associates Limited Partnership), Collateral Agency and Intercreditor Agreement (CBL & Associates Limited Partnership)
Release or Subordination of Liens. The Collateral Agent will not release or subordinate any Lien created or granted by any Security Document, or consent to the release or subordination of any Lien created or granted by any Security Document, except as follows: (i) as required by Article III3; and (ii) as ordered pursuant to applicable law under a final and nonappealable order of a court of competent jurisdiction.
Appears in 1 contract
Samples: Collateral Agency Agreement (Offshore Logistics INC)
Release or Subordination of Liens. The Collateral Agent will not release or subordinate any Lien created or granted by any Security Document, or consent to the release or subordination of any Lien created or granted by any Security Document, except (i) as required by Article III; 3 and (ii) except as ordered pursuant to applicable law under a final and nonappealable by order of a court of competent jurisdiction.
Appears in 1 contract
Samples: Collateral Agency Agreement (Tesoro Petroleum Co Inc)
