Common use of Reservation of Security Interests as Against Third Parties Clause in Contracts

Reservation of Security Interests as Against Third Parties. Nothing contained in this Agreement is intended to affect or limit in any way any consensual security interests and/or liens the Senior Lender may have now or in the future in or on any other property and assets of the Company, whether tangible or intangible, insofar as the Company and third parties are concerned. The Senior Lender specifically reserves all such security interests and/or liens and rights to assert such security interests and/or liens as against the Company and third parties, subject to the terms of this Agreement.

Appears in 4 contracts

Samples: Intercreditor Agreement (Navistar International Corp), Security Agreement (Navistar International Corp), Servicing Agreement (Navistar Financial Corp)

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