Common use of Rights as Unsecured Creditors Clause in Contracts

Rights as Unsecured Creditors. Notwithstanding anything to the contrary in this Agreement, the Second Priority Representatives and the Second Priority Debt Parties may exercise rights and remedies as unsecured creditors against the Company and any other Grantor in accordance with the terms of the Second Priority Debt Documents and applicable law so long as such rights and remedies do not violate any express provision of this Agreement. Nothing in this Agreement shall prohibit the receipt by any Second Priority Representative or any Second Priority Debt Party of the required payments of principal, premium, interest, fees and other amounts due under the Second Priority Debt Documents so long as such receipt is not the direct or indirect result of the exercise by a Second Priority Representative or any Second Priority Debt Party of rights or remedies as a secured creditor in respect of Shared Collateral. In the event any Second Priority Representative or any Second Priority Debt Party becomes a judgment lien creditor in respect of Shared Collateral as a result of its enforcement of its rights as an unsecured creditor in respect of Second Priority Debt Obligations, such judgment lien shall be subordinated to the Liens securing Senior Obligations on the same basis as the other Liens securing the Second Priority Debt Obligations are so subordinated to such Liens securing Senior Obligations under this Agreement. Nothing in this Agreement shall impair or otherwise adversely affect any rights or remedies the Senior Representatives or the Senior Secured Parties may have with respect to the Senior Collateral.

Rights as Unsecured Creditors. Notwithstanding anything to the contrary in this Agreement, the Second Second-Priority Representatives Agents and the Second Second-Priority Debt Secured Parties may exercise rights and remedies as an unsecured creditors creditor against the Company and or any other Grantor Subsidiary that has guaranteed the Second-Priority Claims in accordance with the terms of the Second applicable Second-Priority Debt Documents and applicable law so long as such rights and remedies do not violate any express provision of this Agreementlaw. Nothing in this Agreement shall prohibit the receipt by any Second Second-Priority Representative Agent or any Second Second-Priority Debt Secured Party of the required payments of principal, premium, interest, fees interest and other amounts due under the Second Priority Debt Documents principal so long as such receipt is not the direct or indirect result of the exercise by a Second any Second-Priority Representative Agent or any Second Second-Priority Debt Secured Party of rights or remedies as a secured creditor in respect of Shared CollateralCommon Collateral or enforcement in contravention of this Agreement of any Lien in respect of Second-Priority Claims held by any of them. In the event any Second Second-Priority Representative Agent or any Second Second-Priority Debt Secured Party becomes a judgment lien creditor in respect of Shared Common Collateral as a result of its enforcement of its rights as an unsecured creditor in respect of Second Second-Priority Debt ObligationsClaims, such judgment lien shall be subordinated to the Liens securing Senior Obligations Lender Claims on the same basis as the other Liens securing the Second Second-Priority Debt Obligations Claims are so subordinated to such Liens securing Senior Obligations Lender Claims under this Agreement. Nothing in this Agreement shall impair impairs or otherwise adversely affect affects any rights or remedies the Senior Representatives Intercreditor Agent or the Senior Secured Parties Lenders may have with respect to the Senior Lender Collateral.

Rights as Unsecured Creditors. Notwithstanding anything to the contrary in this Agreement, the Second Priority Representatives and the Second Priority Debt Parties may exercise rights and remedies as unsecured creditors against the Company Borrower and any other Grantor in accordance with the terms of the Second Priority Debt Documents and applicable law so long as such rights and remedies do not violate any express provision of this Agreement. Nothing in this Agreement shall prohibit the receipt by any Second Priority Representative or any Second Priority Debt Party of the required payments of principal, premium, interest, fees and other amounts due under the Second Priority Debt Documents so long as such receipt is not the direct or indirect result of the exercise by a Second Priority Representative or any Second Priority Debt Party of rights or remedies as a secured creditor in respect of Shared Collateral. In the event any Second Priority Representative or any Second Priority Debt Party becomes a judgment lien creditor in respect of Shared Collateral as a result of its enforcement of its rights as an unsecured creditor in respect of Second Priority Debt Obligations, such judgment lien shall be subordinated to the Liens securing Senior Obligations on the same basis as the other Liens securing the Second Priority Debt Obligations are so subordinated to such Liens securing Senior Obligations under this Agreement. Nothing in this Agreement shall impair or otherwise adversely affect any rights or remedies the Senior Representatives or the Senior Secured Parties may have with respect to the Senior Collateral.

Rights as Unsecured Creditors. Notwithstanding anything to the contrary in this Agreement, the Second Priority Representatives and the Second Priority Debt Parties may exercise rights and remedies as unsecured creditors against the Company any Borrower and any other Grantor in accordance with the terms of the Second Priority Debt Documents and applicable law so long as such rights and remedies do not violate any express provision of this Agreement. Nothing in this Agreement shall prohibit the receipt by any Second Priority Representative or any Second Priority Debt Party of the required payments of principal, premium, interest, fees and other amounts due under the Second Priority Debt Documents so long as such receipt is not the direct or indirect result of the exercise by a Second Priority Representative or any Second Priority Debt Party of rights or remedies as a secured creditor in respect of Shared CollateralCollateral in contravention of this Agreement. In the event any Second Priority Representative or any Second Priority Debt Party becomes a judgment lien creditor in respect of Shared Collateral as a result of its enforcement of its rights as an unsecured creditor in respect of Second Priority Debt Obligations, such judgment lien shall be subordinated to the Liens securing Senior Obligations on the same basis as the other Liens securing the Second Priority Debt Obligations are so subordinated to such Liens securing Senior Obligations under this Agreement. Nothing in this Agreement shall impair or otherwise adversely affect any rights or remedies the Senior Representatives or the Senior Secured Parties may have with respect to the Senior Collateral.

Rights as Unsecured Creditors. Notwithstanding anything to the contrary in this Agreement, the Second Priority Representatives and the Second Priority Debt Parties may exercise rights and remedies as unsecured creditors against the Company Borrower and any other Grantor in accordance with the terms of the Second Priority Debt Documents and applicable law so long as such rights and remedies do not violate any express provision of this Agreement. Nothing in this Agreement shall prohibit the receipt by any Second Priority Representative or any Second Priority Debt Party of the required payments of principal, premium, interest, fees and other amounts due under the Second Priority Debt Documents so long as such receipt is not the direct or indirect result of the exercise by a Second Priority Representative or any Second Priority Debt Party of rights or remedies as a secured creditor in respect of Shared CollateralCollateral in contravention of this Agreement. In the event any Second Priority Representative or any Second Priority Debt Party becomes a judgment lien creditor in respect of Shared Collateral as a result of its enforcement of its rights as an unsecured creditor in respect of Second Priority Debt Obligations, such judgment lien shall be subordinated to the Liens securing Senior Obligations on the same basis as the other Liens securing the Second Priority Debt Obligations are so subordinated to such Liens securing Senior Obligations under this Agreement. Nothing in this Agreement shall impair or otherwise adversely affect any rights or remedies the Senior Representatives or the Senior Secured Parties may have with respect to the Senior Collateral.

Rights as Unsecured Creditors. Notwithstanding anything to the contrary in this Agreement, the Second Junior Priority Representatives and the Second Junior Priority Debt Parties may exercise rights and remedies as unsecured creditors against the Company Borrower and any other Grantor in accordance with the terms of the Second Junior Priority Debt Documents and applicable law so long as such rights and remedies do not violate any express provision of this Agreement. Nothing in this Agreement shall prohibit the receipt by any Second Junior Priority Representative or any Second Junior Priority Debt Party of the required payments of principal, premium, interest, fees and other amounts due under the Second Junior Priority Debt Documents so long as such receipt is not the direct or indirect result of the exercise in contravention of this Agreement by a Second Junior Priority Representative or any Second Junior Priority Debt Party of rights or remedies as a secured creditor in respect of Shared Collateral. In the event any Second Junior Priority Representative or any Second Junior Priority Debt Party becomes a judgment lien creditor in respect of Shared Collateral as a result of its enforcement of its rights as an unsecured creditor in respect of Second Junior Priority Debt Obligations, such judgment lien shall be subordinated to the Liens securing Senior Obligations on the same basis as the other Liens securing the Second Junior Priority Debt Obligations are so subordinated to such Liens securing Senior Obligations under this Agreement. Nothing in this Agreement shall impair or otherwise adversely affect any rights or remedies the Senior Representatives or the Senior Secured Parties may have with respect to the Senior Collateral.

Rights as Unsecured Creditors. Notwithstanding anything to the contrary in this Agreement, the Second Priority Representatives Agents and the Second Priority Debt Secured Parties may exercise rights and remedies as an unsecured creditors creditor against the Company and a Borrower or any other Grantor Pledgor in accordance with the terms of the applicable Second Priority Debt Documents and applicable law so long as such rights and remedies do law, in each case to the extent not violate any express provision inconsistent with the provisions of this Agreement. Nothing in this Agreement shall prohibit the receipt by any Second Priority Representative Agent or any Second Priority Debt Secured Party of the required payments of principal, premium, interest, fees interest and other amounts due under the Second Priority Debt Documents principal so long as such receipt is not the direct or indirect result of (a) the exercise by a any Second Priority Representative Agent or any Second Priority Debt Secured Party of rights or remedies as a secured creditor in respect of Shared CollateralCommon Collateral or other collateral or (b) enforcement in contravention of this Agreement of any Lien in respect of Second Priority Claims held by any of them. In the event any Second Priority Representative Agent or any Second Priority Debt Secured Party becomes a judgment lien creditor or other secured creditor in respect of Shared Common Collateral or other collateral as a result of its enforcement of its rights as an unsecured creditor in respect of Second Priority Debt ObligationsClaims or otherwise, such judgment or other lien shall be subordinated to the Liens securing Senior Obligations Lender Claims on the same basis as the other Liens securing the Second Priority Debt Obligations Claims are so subordinated to such Liens securing Senior Obligations Lender Claims under this Agreement. Nothing in this Agreement shall impair impairs or otherwise adversely affect affects any rights or remedies the Senior Representatives First Lien Agents or the Senior Secured Parties may have with respect to the Senior Lender Collateral.

Rights as Unsecured Creditors. Notwithstanding anything to the contrary in this Agreement, the Second Priority Representatives Agents and the Second Priority Debt Secured Parties may exercise rights and remedies as an unsecured creditors creditor against the Company and Borrower or any other Grantor in accordance with the terms of the applicable Second Priority Debt Documents and applicable law so long as such rights and remedies do law, in each case to the extent not violate any express provision inconsistent with the provisions of this Agreement. Nothing in this Agreement shall prohibit the receipt by any Second Priority Representative Agent or any Second Priority Debt Secured Party of the required payments of principal, premium, interest, fees interest and other amounts due under the Second Priority Debt Documents principal so long as such receipt is not the direct or indirect result of (a) the exercise by a any Second Priority Representative Agent or any Second Priority Debt Secured Party of rights or remedies as a secured creditor in respect of Shared CollateralCommon Collateral or other collateral or (b) enforcement in contravention of this Agreement of any Lien in respect of Second Priority Claims held by any of them. In the event any Second Priority Representative Agent or any Second Priority Debt Secured Party becomes a judgment lien creditor or other secured creditor in respect of Shared Common Collateral or other collateral as a result of its enforcement of its rights as an unsecured creditor in respect of Second Priority Debt ObligationsClaims or otherwise, such judgment or other lien shall be subordinated to the Liens securing Senior Obligations Lender Claims on the same basis as the other Liens securing the Second Priority Debt Obligations Claims are so subordinated to such Liens securing Senior Obligations Lender Claims under this Agreement. Nothing in this Agreement shall impair impairs or otherwise adversely affect affects any rights or remedies the Senior Representatives First Lien Agents or the Senior Secured Parties Lenders may have with respect to the Senior Lender Collateral.

Rights as Unsecured Creditors. Notwithstanding anything to the contrary in this Agreement, the Second Priority Representatives and the Second Priority Debt Parties may exercise rights and remedies as unsecured creditors against the Company Borrower and any other Grantor in accordance with the terms of the Second Priority Debt Documents and applicable law so long as such rights and remedies do not violate (or are not otherwise prohibited by) any express provision of this Agreement. Nothing in this Agreement shall prohibit the receipt by any Second Priority Representative or any Second Priority Debt Party of the required payments of principal, premium, interest, fees and other amounts due under the Second Priority Debt Documents so long as such receipt is not the direct or indirect result of the exercise by a Second Priority Representative or any Second Priority Debt Party of rights or remedies as a secured creditor in respect of Shared Collateral. In the event any Second Priority Representative or any Second Priority Debt Party becomes a judgment lien creditor in respect of Shared Collateral as a result of its enforcement of its rights as an unsecured creditor in respect of Second Priority Debt Obligations, such judgment lien shall be subordinated to the Liens securing Senior Obligations on the same basis as the other Liens securing the Second Priority Debt Obligations are so subordinated to such Liens securing Senior Obligations under this Agreement. Nothing in this Agreement shall impair or otherwise adversely affect any rights or remedies the Senior Representatives or the Senior Secured Parties may have with respect to the Senior Collateral.

Rights as Unsecured Creditors. Notwithstanding anything to the contrary in this Agreement, the Second Priority Representatives and the Second Priority Debt Parties may exercise rights and remedies as unsecured creditors against the Company Parent Borrower and any other Grantor in accordance with the terms of the Second Priority Debt Documents and applicable law so long as such rights and remedies do not violate any express provision of this Agreement. Nothing in this Agreement shall prohibit the receipt by any Second Priority Representative or any Second Priority Debt Party of the required payments of principal, premium, interest, fees and other amounts due under the Second Priority Debt Documents so long as such receipt is not the direct or indirect result of the exercise by a Second Priority Representative or any Second Priority Debt Party of rights or remedies as a secured creditor in respect of Shared Collateral. In the event any Second Priority Representative or any Second Priority Debt Party becomes a judgment lien creditor in respect of Shared Collateral as a result of its enforcement of its rights as an unsecured creditor in respect of Second Priority Debt Obligations, such judgment lien shall be subordinated to the Liens securing Senior Obligations on the same basis as the other Liens securing the Second Priority Debt Obligations are so subordinated to such Liens securing Senior Obligations under this Agreement. Nothing in this Agreement shall impair or otherwise adversely affect any rights or remedies the Senior Representatives or the Senior Secured Parties may have with respect to the Senior Collateral.

Rights as Unsecured Creditors. Notwithstanding anything to the contrary in this Agreement, the Second Priority Representatives and the Second Priority Debt Parties may exercise rights and remedies as unsecured creditors against the Company Parent Borrower and any other Grantor in accordance with the terms of the Second Priority Debt Documents and applicable law so long as such rights and remedies do not violate any express provision of this Agreementlaw. Nothing in this Agreement shall prohibit the receipt by any Second Priority Representative or any Second Priority Debt Party of the required payments of principal, premium, interest, fees and other amounts due under the Second Priority Debt Documents so long as such receipt is not the direct or indirect result of the exercise by a Second Priority Representative or any Second Priority Debt Party of rights or remedies as a secured creditor in respect of Shared Collateral. In the event any Second Priority Representative or any Second Priority Debt Party becomes a judgment lien creditor in respect of Shared Collateral as a result of its enforcement of its rights as an unsecured creditor in respect of Second Priority Debt Obligations, such judgment lien shall be subordinated to the Liens securing Senior Obligations on the same basis as the other Liens securing the Second Priority Debt Obligations are so subordinated to such Liens securing Senior Obligations under this Agreement. Nothing in this Agreement shall impair or otherwise adversely affect any rights or remedies the Senior Collateral Agent, the Senior Representatives or the Senior Secured Parties may have with respect to the Senior Collateral.

Rights as Unsecured Creditors. Notwithstanding anything to the contrary in this Agreement, the Second Priority Representatives and the Second Priority Debt Secured Parties may exercise rights and remedies as unsecured creditors against Holdings, the Company Borrower and any other Grantor in accordance with the terms of the Second Priority Debt Documents and applicable law Applicable Law so long as such rights and remedies do not violate any express provision of this Agreement. Nothing in this Agreement shall prohibit the receipt by any Second Priority Representative or any Second Priority Debt Secured Party of the required payments of principal, premium, interest, fees and other amounts due under the Second Priority Debt Documents so long as such receipt is not the direct or indirect result of the exercise by a Second Priority Representative or any Second Priority Debt Secured Party of rights or remedies as a secured creditor in respect of Shared Collateral. In the event any Second Priority Representative or any Second Priority Debt Secured Party becomes a judgment lien Lien creditor in respect of Shared Collateral as a result of its enforcement of its rights as an unsecured creditor in respect of Second Priority Debt Obligations, such judgment lien Lien shall be subordinated to the Liens securing Senior Priority Obligations on the same basis as the other Liens securing the Second Priority Debt Obligations are so subordinated to such Liens securing Senior Priority Obligations under this Agreement. Nothing in this Agreement shall impair or otherwise adversely affect any rights or remedies the Senior Priority Representatives or the Senior Priority Secured Parties may have with respect to the Senior Priority Collateral.

Rights as Unsecured Creditors. Notwithstanding anything to the contrary in this Agreement, each of the Second Priority Representatives Agents and the Second Priority Debt Parties Lenders may exercise rights and remedies as an unsecured creditors creditor against the Company and or any other Grantor Subsidiary that has guaranteed the Second Priority Obligations in accordance with the terms of the Second Priority Debt Documents and applicable law so long as such rights and remedies do not violate any express provision of this Agreementlaw. Nothing in this Agreement shall prohibit the receipt by any Second Priority Representative Agent or any Second Priority Debt Party Lenders of the required payments of principalinterest, premium, interestif any, fees and other amounts due under principal on the Second Priority Debt Documents Claims and related fees and expenses so long as such receipt is not the direct or indirect result of the exercise by a any Second Priority Representative Agent or any Second Priority Debt Party Lender of rights or remedies as a secured creditor or enforcement in contravention of this Agreement of any Lien held by any of them (or received or paid in respect of Shared Collateralany Common Collateral in the event of the occurrence of an Insolvency or Liquidation Proceeding with respect to a Grantor). In the event any Second Priority Representative Agent or any Second Priority Debt Party Lender becomes a judgment lien creditor in respect of Shared Common Collateral as a result of its enforcement of its rights as an unsecured creditor in respect of Second Priority Debt Obligationscreditor, such judgment lien shall be subordinated to the Liens securing Senior Obligations First Priority Claims on the same basis as the other Liens securing the Second Priority Debt Obligations Claims are so subordinated to such Liens securing Senior Obligations First Priority Claims under this Agreement. Nothing in this Agreement shall impair impairs or otherwise adversely affect affects any rights or remedies the Senior Representatives Credit Agent or the Senior Secured Parties First Priority Lenders may have with respect to the Senior First Priority Collateral.

Rights as Unsecured Creditors. Notwithstanding anything to the contrary in this Agreement, the Second Priority Representatives and the Second Priority Debt Parties may exercise rights and remedies as unsecured creditors against the Company and Holdings or any Borrower or other Grantor in accordance with the terms of the Second Priority Debt Documents and applicable law so long as such rights and remedies do not violate any express provision of this Agreement. Nothing in this Agreement shall prohibit the receipt by any Second Priority Representative or any Second Priority Debt Party of the required payments of principal, premium, interest, fees and other amounts due under the Second Priority Debt Documents so long as such receipt is not the direct or indirect result of the exercise by a Second Priority Representative or any Second Priority Debt Party of rights or remedies as a secured creditor in respect of Shared Collateral. In the event any Second Priority Representative or any Second Priority Debt Party becomes a judgment lien creditor in respect of Shared Collateral as a result of its enforcement of its rights as an unsecured creditor in respect of Second Priority Debt Obligations, such judgment lien shall be subordinated to the Liens securing Senior Obligations on the same basis as the other Liens securing the Second Priority Debt Obligations are so subordinated to such Liens securing Senior Obligations under this Agreement. Nothing in this Agreement shall impair or otherwise adversely affect any rights or remedies the Senior Representatives or the Senior Secured Parties may have with respect to the Senior Collateral.

Rights as Unsecured Creditors. Notwithstanding anything to the contrary in this Agreement, the Second Priority Representatives The Junior Lien Representative and the Second Priority Debt Junior Lien Secured Parties may exercise rights and remedies as an unsecured creditors creditor against the Company and or any other Grantor Subsidiary that has guaranteed the Junior Priority Obligations in accordance with the terms of the Second applicable Junior Priority Debt Documents and applicable law so long as such rights and remedies do to the extent not violate any express provision inconsistent with, or prohibited by, the terms of this Agreement. Nothing in this Agreement shall prohibit the receipt by any Second Priority the Junior Lien Representative or any Second Priority Debt Junior Lien Secured Party of the required payments of principal, premium, interest, fees interest and other amounts due under the Second Priority Debt Documents principal so long as such receipt is not the direct or indirect result of the exercise by a Second Priority the Junior Lien Representative or any Second Priority Debt Junior Lien Secured Party of rights or remedies as a secured creditor in respect of Shared CollateralCollateral or other collateral or enforcement in contravention of this Agreement of any Lien in respect of Junior Priority Obligations held by any of them or in any Insolvency or Liquidation Proceeding. In the event any Second Priority the Junior Lien Representative or any Second Priority Debt Junior Lien Secured Party becomes a judgment lien creditor or other secured creditor in respect of Shared any Collateral, First Lien Collateral or other collateral as a result of its enforcement of its rights as an unsecured creditor in respect of Second Junior Priority Debt ObligationsObligations or otherwise, such judgment or other lien shall be subordinated to the Liens securing Senior the First Lien Obligations on the same basis as the other Liens securing the Second Junior Priority Debt Obligations are so subordinated to such the First Priority Liens securing Senior First Lien Obligations under this Agreement. Nothing in this Agreement shall impair impairs or otherwise adversely affect affects any rights or remedies the Senior Representatives First Lien Representative or the Senior First Lien Secured Parties may have with respect to the Senior First Lien Collateral.

Rights as Unsecured Creditors. Notwithstanding anything to the contrary in this Agreement, the The Second Priority Representatives and the Second Priority Debt Parties may exercise rights and remedies as unsecured creditors against the Company and any other Grantor Obligors in accordance with the terms of the Second Priority Debt Documents and applicable law so long as such rights and remedies do not violate violate, or are not otherwise inconsistent with, any express other provision of this AgreementAgreement (including any provision prohibiting or restricting the Second Priority Representatives or the Second Priority Debt Parties from taking various actions or making various objections). Nothing Except as set forth in Section 2.06, nothing in this Agreement shall prohibit the receipt by any Second Priority Representative or any Second Priority Debt Party of the required payments of principal, premium, interest, fees and other amounts due under the Second Priority Debt Documents so long as such receipt is not the direct or indirect result of the exercise by a Second Priority Representative or any Second Priority Debt Party of rights or remedies as a secured creditor in respect of Shared CollateralCollateral (including any right of setoff or recoupment) in contravention of this Agreement. In the event any Second Priority Representative or any Second Priority Debt Party becomes a judgment lien creditor in respect of Shared Collateral as a result of its enforcement of its rights as an unsecured creditor in respect of Second Priority Debt Obligations, such judgment lien shall be subordinated to the Liens securing Senior Obligations on the same basis as the other Liens securing the Second Priority Debt Obligations are so subordinated to such Liens securing Senior Obligations under this Agreement. Nothing in this Agreement shall impair or otherwise adversely affect any rights or remedies the Senior Representatives or the Senior Secured Parties may have with respect to the Senior Collateral.

Rights as Unsecured Creditors. Notwithstanding anything to the contrary Except as provided in this AgreementSection 3.1(a)(i)(y), the Second Priority Representatives Agents and the Second Priority Debt Secured Parties may exercise rights and remedies as an unsecured creditors creditor against the Company and or any other Grantor in accordance with the terms of the applicable Second Priority Debt Documents and applicable law so long as such rights and remedies do law, in each case to the extent not violate any express provision inconsistent with the provisions of this Agreement. Nothing in this Agreement shall prohibit the receipt by any Second Priority Representative Agent or any Second Priority Debt Secured Party of the required payments of principal, premium, interest, fees interest and other amounts due under the Second Priority Debt Documents principal so long as such receipt is not the direct or indirect result of (a) the exercise by a any Second Priority Representative Agent or any Second Priority Debt Secured Party of rights or remedies as a secured creditor in respect of Shared CollateralCommon Collateral or other collateral or (b) enforcement in contravention of this Agreement of any Lien in respect of Second Priority Claims held by any of them. In the event any Second Priority Representative Agent or any Second Priority Debt Secured Party becomes a judgment lien creditor or other secured creditor in respect of Shared Common Collateral or other collateral as a result of its enforcement of its rights as an unsecured creditor in respect of Second Priority Debt ObligationsClaims or otherwise, such judgment or other lien shall be subject to Section 2.3 and be subordinated to the Liens securing Senior Obligations Lender Claims on the same basis as the other Liens securing the Second Priority Debt Obligations Claims are so subordinated to such Liens securing Senior Obligations Lender Claims under this Agreement. Nothing in this Agreement shall impair impairs or otherwise adversely affect affects any rights or remedies the Senior Representatives First Lien Agents or the Senior Secured Parties Lenders may have with respect to the Senior Lender Collateral.

Rights as Unsecured Creditors. Notwithstanding anything to the contrary in this Agreement, the Second Priority Representatives Agents and the Second Priority Debt Secured Parties may exercise rights and remedies as an unsecured creditors creditor against the Company and or any other Grantor that has guaranteed the Second Priority Claims in accordance with the terms of the applicable Second Priority Debt Documents and applicable law so long as such rights and remedies do law, in each case to the extent not violate any express provision inconsistent with the provisions of this Agreement. Nothing in this Agreement shall prohibit the receipt by any Second Priority Representative Agent or any Second Priority Debt Secured Party of the required payments of principal, premium, interest, fees interest and other amounts due under the Second Priority Debt Documents principal so long as such receipt is not the direct or indirect result of (a) the exercise by a any Second Priority Representative Agent or any Second Priority Debt Secured Party of rights or remedies as a secured creditor in respect of Shared CollateralCommon Collateral or other collateral or (b) enforcement in contravention of this Agreement of any Lien in respect of Second Priority Claims held by any of them. In the event any Second Priority Representative Agent or any Second Priority Debt Secured Party becomes a judgment lien creditor or other secured creditor in respect of Shared Common Collateral or other collateral as a result of its enforcement of its rights as an unsecured creditor in respect of Second Priority Debt ObligationsClaims or otherwise, such judgment or other lien shall be subordinated to the Liens securing Senior Obligations Lender Claims on the same basis as the other Liens securing the Second Priority Debt Obligations Claims are so subordinated to such Liens securing Senior Obligations Lender Claims under this Agreement. Nothing in this Agreement shall impair impairs or otherwise adversely affect affects any rights or remedies the Senior Representatives First Lien Agents or the Senior Secured Parties Lenders may have with respect to the Senior Lender Collateral.

Rights as Unsecured Creditors. Notwithstanding anything to the contrary Except as otherwise set forth in this Agreement, the Second Priority Representatives Trustee and the Second Priority Debt Parties Subordinated Creditor may exercise rights and remedies as unsecured creditors against the Company and or any other Grantor that has guaranteed the Subordinated Obligations in accordance with the terms of the Second Priority Subordinated Debt Documents and applicable law so long law. Except as such rights and remedies do not violate any express provision of otherwise set forth in this Agreement. Nothing , nothing in this Agreement shall prohibit the receipt by any Second Priority Representative the Trustee or any Second Priority Debt Party other Subordinated Creditor of the required payments of principal, premium, interest, fees and other amounts due under the Second Priority Permitted Subordinated Debt Documents Payments so long as such receipt is (i) not the direct or indirect result of the exercise by a Second Priority Representative the Trustee or the Subordinated Creditor of rights or remedies (including, without limitation, any Second Priority Debt Party Enforcement Action and any exercise of rights or remedies as a secured creditor (including set-off)) in respect contravention of Shared Collateralthis Agreement and (ii) permitted under the Senior Credit Documents. In the event any Second Priority Representative the Trustee or any Second Priority Debt Party the Subordinated Creditor becomes a judgment lien creditor in respect of Shared Collateral as a result of its enforcement of its rights as an unsecured creditor in respect of Second Priority Debt Obligationscreditor, such judgment lien shall be subordinated to the Liens securing Senior Obligations on the same basis as the other Liens securing the Second Priority Debt Subordinated Obligations are so subordinated to such Liens securing Senior Obligations under this Agreement. Nothing in this Agreement shall impair impairs or otherwise adversely affect affects any rights or remedies the Senior Representatives Agent or the other Senior Secured Parties Creditors may have with respect to the Senior Collateral.

Rights as Unsecured Creditors. Notwithstanding anything to the contrary in this Agreement, the Second Priority Representatives Agents and the Second Priority Debt Parties Lenders may exercise rights and remedies as an unsecured creditors creditor against Holdings, the Company and or any other Grantor Subsidiary that has guaranteed the Second Priority Claims in accordance with the terms of the applicable Second Priority Debt Documents and applicable law so long as such rights and remedies do law, in each case to the extent not violate any express provision inconsistent with the provisions of this Agreement. Nothing in this Agreement shall prohibit the receipt by any Second Priority Representative Agent or any Second Priority Debt Party Lender of the required payments of principal, premium, interest, fees interest and other amounts due under the Second Priority Debt Documents principal so long as such receipt is not the direct or indirect result of (a) the exercise by a any Second Priority Representative Agent or any Second Priority Debt Party Lender of rights or remedies as a secured creditor in respect of Shared Collateralthe applicable portion of the Common Collateral or (b) enforcement in contravention of this Agreement of any Lien in respect of Second Priority Claims held by any of them. In the event any Second Priority Representative Agent or any Second Priority Debt Party Lender becomes a judgment lien creditor or other secured creditor in respect of Shared Common Collateral as a result of its enforcement of its rights as an unsecured creditor in respect of Second Priority Debt ObligationsClaims or otherwise, such judgment or other lien shall be subordinated to the Liens securing Senior Obligations First Priority Claims on the same basis as the other Liens securing the Second Priority Debt Obligations Claims are so subordinated to such Liens securing Senior Obligations First Priority Claims under this Agreement. Nothing in this Agreement shall impair impairs or otherwise adversely affect affects any rights or remedies the Senior Representatives ABL Agent or the Senior Secured Parties ABL Lenders may have with respect to the Senior ABL Priority Collateral, or any rights or remedies the Term Loan Agents or the Term Loan Lenders may have with respect to the Term Loan Priority Collateral.

Rights as Unsecured Creditors. Notwithstanding anything to the contrary in this Agreement, the Second Priority Representatives Representative and the Second Priority Debt Secured Parties may exercise rights and remedies as unsecured creditors against the Company and Second Lien Issuer, the Borrower or any other Grantor Loan Party that has guaranteed the Second Priority Obligations in accordance with the terms of the Second Priority Debt Documents and applicable law so long as such rights and remedies do not violate law, including, without limitation, the acceleration of any express provision of this AgreementIndebtedness or other obligations owing under the Second Priority Documents or the demand for payment under the guarantee in respect thereof. Nothing in this Agreement shall prohibit the receipt by any the Second Priority Representative or any Second Priority Debt Party Secured Parties of the required payments of principal, interest and principal (and premium, interest, fees and other amounts due under the Second Priority Debt Documents if any) so long as such receipt is not the direct or indirect result of the exercise by a the Trustee, the Second Priority Representative or any Second Priority Debt Secured Party of rights or remedies as a secured creditor in respect of Shared Common Collateral. In the event that the Second Priority Representative of any Second Priority Representative or any Second Priority Debt Secured Party becomes a judgment lien creditor in respect of Shared Common Collateral as a result of its enforcement of its rights as an unsecured creditor in respect of the Second Priority Debt Obligations, such judgment lien shall be subordinated to the Liens securing Senior the First Priority Obligations on the same basis as the other Liens securing the Second Priority Debt Obligations are so subordinated to such Liens securing Senior the First Priority Obligations under this Agreement. Nothing in this Agreement shall impair or otherwise adversely affect any rights or remedies the Senior Representatives or the Senior Secured Parties may have with respect to the Senior Collateral.

Rights as Unsecured Creditors. Notwithstanding anything to the contrary in this Agreement, the Second Priority Representatives and the Second Priority Debt Parties may exercise rights and remedies as unsecured creditors against the Company Borrower and any other Grantor in accordance with the terms of the Second Priority Debt Documents and applicable law so long as such rights and remedies do not violate any express provision of this Agreement. Nothing in this Agreement shall prohibit the receipt by any Second Priority Representative or any Second Priority Debt Party of the required payments of principal, premium, interest, fees and other amounts due under the Second Priority Debt Documents so long as such receipt is not the direct or indirect result of the exercise in contravention of this Agreement by a Second Priority Representative or any Second Priority Debt Party of rights or remedies as a secured creditor in respect of Shared Collateral. In the event any Second Priority Representative or any Second Priority Debt Party becomes a judgment lien creditor in respect of Shared Collateral as a result of its enforcement of its rights as an unsecured creditor in respect of Second Priority Debt Obligations, such judgment lien shall be subordinated to the Liens securing Senior Obligations on the same basis as the other Liens securing the Second Priority Debt Obligations are so subordinated to such Liens securing Senior Obligations under this Agreement. Nothing in this Agreement shall impair or otherwise adversely affect any rights or remedies the Senior Representatives or the Senior Secured Parties may have with respect to the Senior Collateral.

Rights as Unsecured Creditors. Notwithstanding anything to the contrary in this Agreement, the The Second Priority Representatives and the Second Priority Debt Parties may exercise rights and remedies as unsecured creditors against the Company and any other Grantor or the Guarantors in accordance with the terms of the Second Priority Debt Documents and applicable law so long as such rights and remedies do not violate violate, or are not otherwise inconsistent with, any express provision of this AgreementAgreement (including any provision prohibiting or restricting the Second Priority Representatives or the Second Priority Debt Parties from taking various actions or making various objections). Nothing in this Agreement shall prohibit the receipt by any Second Priority Representative or any Second Priority Debt Party of the required payments of principal, premium, interest, fees and other amounts due under the Second Priority Debt Documents so long as such receipt is not the direct or indirect result of the exercise by a Second Priority Representative or any Second Priority Debt Party of rights or remedies as a secured creditor in respect of Shared CollateralCollateral (including any right of setoff or recoupment). In the event any Second Priority Representative or any Second Priority Debt Party becomes a judgment lien creditor in respect of Shared Collateral as a result of its enforcement of its rights as an unsecured creditor in respect of Second Priority Debt Obligations, such judgment lien shall be subordinated to the Liens securing Senior Obligations on the same basis as the other Liens securing the Second Priority Debt Obligations are so subordinated to such Liens securing Senior Obligations under this Agreement. Nothing in this Agreement shall impair or otherwise adversely affect any rights or remedies the Senior Representatives or the Senior Secured Parties may have with respect to the Senior Collateral.

Rights as Unsecured Creditors. Notwithstanding anything to the contrary in this Agreement, the The Second Priority Representatives and the Second Priority Debt Parties may exercise rights and remedies as unsecured creditors against the Company Borrower and any other Grantor in accordance with the terms of the Second Priority Debt Documents and applicable law so long as such rights and remedies do not violate violate, or are not otherwise inconsistent with, any express provision of this AgreementAgreement (including any provision prohibiting or restricting the Second Priority Debt Parties from taking various actions or making various objections). Nothing in this Agreement shall prohibit the receipt by any Second Priority Representative or any Second Priority Debt Party of the required payments of principal, premium, interest, fees and other amounts due under the Second Priority Debt Documents so long as such receipt is not the direct or indirect result of the exercise by a Second Priority Representative or any Second Priority Debt Party of rights or remedies as a secured creditor in respect of Shared CollateralCollateral in contravention of this Agreement. In the event any Second Priority Representative or any Second Priority Debt Party becomes a judgment lien creditor in respect of Shared Collateral as a result of its enforcement of its rights as an unsecured creditor in respect of Second Priority Debt Obligations, such judgment lien shall be subordinated to the Liens securing Senior Obligations on the same basis as the other Liens securing the Second Priority Debt Obligations are so subordinated to such Liens securing Senior Obligations under this Agreement. Nothing in this Agreement shall impair or otherwise adversely affect any rights or remedies the Senior Representatives or the Senior Secured Parties may have with respect to the Senior Collateral.

Rights as Unsecured Creditors. Notwithstanding anything to the contrary in this Agreement, the The Second Priority Representatives and the Second Priority Debt Parties may exercise rights and remedies as unsecured creditors against the Company and any other Grantor in accordance with the terms of the Second Priority Debt Documents and applicable law so long as such rights and remedies do not violate or are not otherwise inconsistent with any express other provision of this Agreement. Nothing in this Agreement shall prohibit the receipt by any Second Priority Representative or any Second Priority Debt Party of the required payments of principal, premium, interest, fees and other amounts due under the Second Priority Debt Documents so long as such receipt is not the direct or indirect result of the exercise by a Second Priority Representative or any Second Priority Debt Party of rights or remedies as a secured creditor in respect of Shared Collateral, Restricted Assets or Sale Proceeds. In the event any Second Priority Representative or any Second Priority Debt Party becomes a judgment lien creditor in respect of Shared Collateral as a result of its enforcement of its rights as an unsecured creditor in respect of Second Priority Debt Obligations, such judgment lien shall be subordinated to the Liens securing Senior Debt Obligations on the same basis as the other Liens securing the Second Priority Debt Obligations are so subordinated to such Liens securing Senior Debt Obligations under this Agreement. Nothing in this Agreement shall impair or otherwise adversely affect any rights or remedies the Senior Representatives or the Senior Secured Parties may have with respect to the Senior Collateral, Restricted Assets or Sale Proceeds.

Rights as Unsecured Creditors. Notwithstanding anything to the contrary in this Agreement, the The Second Priority Representatives and the Second Priority Debt Secured Parties may exercise rights and remedies as unsecured creditors against the Company Borrowers and any other Grantor in accordance with the terms of the Second Priority Debt Documents and applicable law Law so long as such rights and remedies do not violate violate, or are not otherwise inconsistent with, any express provision of this Agreement. Nothing in this Agreement shall prohibit the receipt by any Second Priority Representative or any Second Priority Debt Secured Party of the required payments of principal, premium, interest, fees and other amounts due under the Second Priority Debt Documents so long as such receipt is not the direct or indirect result of the exercise by a Second Priority Representative or any Second Priority Debt Secured Party of rights or remedies as a secured creditor in respect of Shared Collateral. In the event any Second Priority Representative or any Second Priority Debt Secured Party becomes a judgment lien Lien creditor in respect of Shared Collateral as a result of its enforcement of its rights as an unsecured creditor in respect of Second Priority Debt Obligations, such judgment lien Lien shall be subordinated to the Liens securing Senior Obligations on the same basis as the other Liens securing the Second Priority Debt Obligations are so subordinated to such Liens securing Senior Obligations under this Agreement. Nothing in this Agreement shall impair or otherwise adversely affect any rights or remedies the Senior Priority Representatives or the Senior Priority Secured Parties may have with respect to the Senior Priority Collateral.

Rights as Unsecured Creditors. Notwithstanding anything to the contrary in this Agreement, the The Second Priority Representatives and the Second Priority Debt Parties may exercise rights and remedies as unsecured creditors against the Company and any other Grantor Company, the Borrowers or the Guarantors in accordance with the terms of the Second Priority Debt Documents and applicable law so long as such rights and remedies do not violate violate, or are not otherwise inconsistent with, any express provision of this AgreementAgreement (including any provision prohibiting or restricting the Second Priority Representatives or the Second Priority Debt Parties from taking various actions or making various objections). Nothing in this Agreement shall prohibit the receipt by any Second Priority Representative or any Second Priority Debt Party of the required payments of principal, premium, interest, fees and other amounts due under the Second Priority Debt Documents so long as such receipt is not the direct or indirect result of the exercise by a Second Priority Representative or any Second Priority Debt Party of rights or remedies as a secured creditor in respect of Shared CollateralCollateral (including any right of setoff or recoupment). In the event any Second Priority Representative or any Second Priority Debt Party becomes a judgment lien creditor in respect of Shared Collateral as a result of its enforcement of its rights as an unsecured creditor in respect of Second Priority Debt Obligations, such judgment lien shall be subordinated to the Liens securing Senior Obligations on the same basis as the other Liens securing the Second Priority Debt Obligations are so subordinated to such Liens securing Senior Obligations under this Agreement. Nothing in this Agreement shall impair or otherwise adversely affect any rights or remedies the Senior Representatives or the Senior Secured Parties may have with respect to the Senior Collateral.

Rights as Unsecured Creditors. Notwithstanding anything to the contrary in this Agreement, the The Second Priority Representatives and the Second Priority Debt Parties may exercise rights and remedies as unsecured creditors against the Company Borrower and any other Grantor in accordance with the terms of the Second Priority Debt Documents and applicable law so long as such rights and remedies do not violate or are not otherwise inconsistent with any express other provision of this Agreement. Nothing in this Agreement shall prohibit the receipt by any Second Priority Representative or any Second Priority Debt Party of the required payments of principal, premium, interest, fees and other amounts due under the Second Priority Debt Documents so long as such receipt is not the direct or indirect result of the exercise by a Second Priority Representative or any Second Priority Debt Party of rights or remedies as a secured creditor in respect of Shared Collateral. In the event any Second Priority Representative or any Second Priority Debt Party becomes a judgment lien creditor in respect of Shared Collateral as a result of its enforcement of its rights as an unsecured creditor in respect of Second Priority Debt Obligations, such judgment lien shall be subordinated to the Liens securing Senior Obligations on the same basis as the other Liens securing the Second Priority Debt Obligations are so subordinated to such Liens securing Senior Obligations under this Agreement. Nothing in this Agreement shall impair or otherwise adversely affect any rights or remedies the Senior Representatives or the Senior Secured Parties may have with respect to the Senior Collateral.

Rights as Unsecured Creditors. (a) Notwithstanding anything to the contrary in this Agreement, the Second Priority Representatives Collateral Agent and the Second Priority Debt Parties Trustee may exercise rights and remedies as an unsecured creditors creditor against the Company and any other Grantor Obligors in accordance with the terms of the Second Priority Debt Noteholder Documents and applicable law so long as such rights and remedies do not violate any express provision of this Agreement. Nothing in this Agreement shall prohibit the receipt by any Second Priority Representative or any Second Priority Debt Party of the required payments of principal, premium, interest, fees and other amounts due under the Second Priority Debt Documents so long as such receipt is not the direct or indirect result of the exercise by a Second Priority Representative or any Second Priority Debt Party of rights or remedies as a secured creditor in respect of Shared Collaterallaw. In the event any Second Priority Representative the Collateral Agent, the Trustee or any Second Priority Debt Party Noteholder becomes a judgment lien creditor in respect of Shared Common Collateral as a result of its enforcement of its rights as an unsecured creditor in respect of Second Priority Debt Obligationscreditor, such judgment lien shall be subordinated to the Senior Lender Liens securing Senior Obligations on the same basis as the other Noteholder Common Liens securing the Second Priority Debt Obligations are so subordinated to such Senior Lender Liens securing Senior Obligations under this Agreement. Nothing in this Agreement shall impair or otherwise adversely affect modifies any rights or remedies the Senior Representatives Agent or the Senior Secured Parties Lenders may have with respect to the Senior Lender Collateral. (b) Notwithstanding anything to the contrary in this Agreement, the Senior Agent and the Senior Lenders may exercise rights and remedies as an unsecured creditor against the Obligors in accordance with the terms of the Senior Lender Documents and applicable law. In the event the Senior Agent or any Senior Lender becomes a judgment lien creditor in respect of Noteholder Priority Collateral as a result of its enforcement of its rights as an unsecured creditor, such judgment lien shall be subordinated to the Noteholder Priority Liens and the Senior Agent on behalf of itself and the Senior Lenders agrees that the terms of this Agreement shall apply, mutatis mutandis, to such judgment lien as if it were the Noteholder Common Lien and the Liens of the Noteholders for Noteholder Claims were the Senior Lender Liens. Nothing in this Agreement modifies any rights or remedies the Collateral Agent or any Noteholder may have with respect to the Noteholder Priority Collateral.

Rights as Unsecured Creditors. Notwithstanding anything to the contrary in this Agreement, the Second Priority Representatives Agents and the Second Priority Debt Parties Holders may exercise rights and remedies as an unsecured creditors creditor against New Pyxus Topco, any Grantor or any Subsidiary that has guaranteed the Company and any other Grantor Second Priority Claims in accordance with the terms of the applicable Second Priority Debt Documents and applicable law so long as such rights and remedies do law, in each case to the extent not violate any express provision inconsistent with the provisions of this Agreement. Nothing in this Agreement shall prohibit the receipt by any Second Priority Representative Agent or any Second Priority Debt Party Holder of the required payments of principal, premium, interest, fees interest and other amounts due under the Second Priority Debt Documents principal so long as such receipt is not the direct or indirect result of (a) the exercise by a any Second Priority Representative Agent or any Second Priority Debt Party Holder of rights or remedies as a secured creditor in respect of Shared Collateralthe applicable portion of the Common Collateral or (b) enforcement in contravention of this Agreement or any other applicable intercreditor agreement of any Lien in respect of Second Priority Claims held by any of them. In the event any Second Priority Representative Agent or any Second Priority Debt Party Holder becomes a judgment lien creditor or other secured creditor in respect of Shared Common Collateral as a result of its enforcement of its rights as an unsecured creditor in respect of Second Priority Debt ObligationsClaims or otherwise, such judgment or other lien shall be subordinated to the Liens securing Senior Obligations First Priority Claims on the same basis as the other Liens securing the Second Priority Debt Obligations Claims are so subordinated to such Liens securing Senior Obligations First Priority Claims under this Agreement. Nothing in this Agreement shall impair impairs or otherwise adversely affect affects any rights or remedies the Senior Representatives ABL Agents or the Senior Secured Parties ABL Lenders may have with respect to the Senior ABL Priority Collateral, or any rights or remedies the Term/Note Agents or the Term/Note Holders may have with respect to the Term/Note Priority Collateral.

Rights as Unsecured Creditors. Notwithstanding anything to the contrary in this Agreement, the Second Priority Lien Authorized Representatives and the Second Priority Debt Lien Secured Parties may exercise rights and remedies as unsecured creditors against the Company Parent, the Borrower and any other Grantor in accordance with the terms of the Second Priority Debt Lien Documents and applicable law so long as such rights and remedies do not violate any express provision of this Agreementlaw. Nothing in this Agreement shall prohibit the receipt by any Second Priority Lien Authorized Representative or any Second Priority Debt Lien Secured Party of the required payments of principal, premium, interest, fees and other amounts due under the Second Priority Debt Lien Documents so long as such receipt is not the direct or indirect result of the exercise by a Second Priority Lien Authorized Representative or any Second Priority Debt Lien Secured Party of rights or remedies as a secured creditor in respect of Shared Collateral. In the event any Second Priority Lien Authorized Representative or any Second Priority Debt Lien Secured Party becomes a judgment lien creditor in respect of Shared Collateral as a result of its enforcement of its rights as an unsecured creditor in respect of Second Priority Debt Lien Obligations, such judgment lien shall be subordinated to the Liens securing Senior First Lien Obligations on the same basis as the other Liens securing the Second Priority Debt Lien Obligations are so subordinated to such Liens securing Senior First Lien Obligations under this Agreement. Nothing in this Agreement shall impair or otherwise adversely affect any rights or remedies the Senior First Lien Collateral Agent, the First Lien Authorized Representatives or the Senior First Lien Secured Parties may have with respect to the Senior First Lien Collateral.

Rights as Unsecured Creditors. Notwithstanding anything to the contrary in this AgreementExcept as otherwise expressly provided for herein, the Second Junior Priority Representatives and the Second Junior Priority Debt Parties may exercise rights and remedies as unsecured creditors against the Company Borrower and any other Grantor in accordance with the terms of the Second Junior Priority Debt Documents and applicable law Applicable Law so long as such rights and remedies do not violate any express provision of this Agreement. Nothing in this Agreement shall prohibit the receipt by any Second Junior Priority Representative or any Second Junior Priority Debt Party of the required payments of principal, premium, interest, fees and other amounts due under the Second Junior Priority Debt Documents so long as such receipt is not the direct or indirect result of the exercise by a Second Junior Priority Representative or any Second Junior Priority Debt Party of rights or remedies as a secured creditor in respect of Shared CollateralCollateral in contravention of this Agreement, or of any other action in contravention of this Agreement. In the event that any Second Junior Priority Representative or any Second Junior Priority Debt Party becomes a judgment lien creditor in respect of Shared Collateral as a result of its enforcement of its rights as an unsecured creditor in respect of Second Junior Priority Debt Obligations, such judgment lien shall be subordinated to the Liens securing Senior Obligations on the same basis as the other Liens securing the Second Junior Priority Debt Obligations are so subordinated and junior to such Liens securing Senior Obligations under this Agreement. Nothing in this Agreement shall impair or otherwise adversely affect any rights or remedies the Senior Representatives or the Senior Secured Parties may have with respect to the Senior Collateral.

Rights as Unsecured Creditors. Notwithstanding anything to the contrary (i) Except as otherwise set forth in this Agreement, the Second Priority Representatives Term Loan Collateral Agent and the Second Priority Debt Term Loan Secured Parties may exercise rights and remedies as unsecured creditors against the Company and Borrower or any other Grantor in accordance with the terms of the Second Priority Debt Term Loan Documents to which it is a party and applicable law so long as to the extent that the exercise of such rights and remedies do is not violate any express provision inconsistent with the terms of this Agreement. Nothing Except as otherwise set forth in this Agreement, nothing in this Agreement shall prohibit the receipt by any Second Priority Representative the Term Loan Collateral Agent or any Second Priority Debt Party Term Loan Secured Parties of the required payments of principal, premium, interest, fees principal and other amounts due under in respect of the Second Priority Debt Documents Term Loan Obligations so long as such receipt is not the direct or indirect result of the exercise by a Second Priority Representative the Term Loan Collateral Agent or any Second Priority Debt Party Term Loan Secured Parties of rights or remedies as a secured creditor (including set-off) in respect of Shared Collateralthe ABL Facility Priority Collateral in contravention of this Agreement or enforcement in contravention of this Agreement of any Lien held by any of them. In the event any Second Priority Representative the Term Loan Collateral Agent or any Second Priority Debt other Term Loan Secured Party becomes a judgment lien Lien creditor in respect of Shared ABL Facility Priority Collateral as a result of its enforcement of its rights as an unsecured creditor in respect of Second Priority Debt Obligationscreditor, such judgment lien Lien shall be subordinated to the Liens securing Senior ABL Facility Obligations on the same basis as the other Liens on the ABL Facility Priority Collateral securing the Second Priority Debt Term Loan Obligations are so subordinated to such Liens securing Senior ABL Facility Obligations under this Agreement. . (ii) Nothing in this Agreement shall impair impairs or otherwise adversely affect affects any rights or remedies the Senior Representatives ABL Facility Collateral Agent or the Senior other ABL Facility Secured Parties may have with respect to the Senior ABL Facility Priority Collateral.

Rights as Unsecured Creditors. Notwithstanding anything to the contrary in this Agreement, the The Second Priority Representatives and the Second Priority Debt Secured Parties may exercise rights and remedies as unsecured creditors against the Company Borrower and any other Grantor in accordance with the terms of the Second Priority Debt Documents and applicable law so long as such rights and remedies do not violate violate, or are not otherwise inconsistent with, any express other provision of this Agreement. Nothing in this Agreement shall prohibit the receipt by any Second Priority Representative or any Second Priority Debt Secured Party of the required payments of principal, premium, interest, fees and other amounts due under the Second Priority Debt Documents so long as such receipt is not the direct or indirect result of the exercise by a Second Priority Representative or any Second Priority Debt Secured Party of rights or remedies as a secured creditor in respect of Shared CollateralCollateral and is not otherwise in violation of this Agreement. In the event any Second Priority Representative or any Second Priority Debt Secured Party becomes a judgment lien Lien creditor in respect of Shared Collateral as a result of its enforcement of its rights as an unsecured creditor in respect of Second Priority Debt Obligations, such judgment lien Lien shall be subordinated to the Liens securing Senior First Priority Obligations on the same basis as the other Liens securing the Second Priority Debt Obligations are so subordinated to such Liens securing Senior First Priority Obligations under this Agreement. Nothing in this Agreement shall impair or otherwise adversely affect any rights or remedies the Senior First Priority Representatives or the Senior First Priority Secured Parties may have with respect to the Senior First Priority Collateral.

Rights as Unsecured Creditors. Notwithstanding anything to the contrary in this Agreement, the Second Second-Priority Representatives Agents and the Second Second-Priority Debt Secured Parties may exercise rights and remedies as an unsecured creditors creditor against the Company and Parent or any other Grantor Subsidiary that has guaranteed the Second-Priority Claims in accordance with the terms of the Second applicable Second-Priority Debt Documents and applicable law so long as such rights and remedies do not violate any express provision of this Agreementlaw. Nothing in this Agreement shall prohibit the receipt by any Second Second-Priority Representative Agent or any Second Second-Priority Debt Secured Party of the required payments of principal, premium, interest, fees interest and other amounts due under the Second Priority Debt Documents principal so long as such receipt is not the direct or indirect result of the exercise by a Second any Second-Priority Representative Agent or any Second Second-Priority Debt Secured Party of rights or remedies as a secured creditor in respect of Shared CollateralSecurity Property or enforcement in contravention of this Agreement of any Lien in respect of Second-Priority Claims held by any of them. In the event any Second Second-Priority Representative Agent or any Second Second-Priority Debt Secured Party becomes a judgment lien creditor in respect of Shared Collateral Security Property as a result of its enforcement of its rights as an unsecured creditor in respect of Second Second-Priority Debt ObligationsClaims, such judgment lien shall be subordinated to the Liens securing Senior Obligations Lender Claims on the same basis as the other Liens securing the Second Second-Priority Debt Obligations Claims are so subordinated to such Liens securing Senior Obligations Lender Claims under this Agreement. Nothing in this Agreement shall impair impairs or otherwise adversely affect affects any rights or remedies the Senior Representatives Intercreditor Agent or the Senior Secured Parties may have with respect to the Senior CollateralSecurity Property.

Rights as Unsecured Creditors. Notwithstanding anything to the contrary in this Agreement, the Second Priority Representatives and the Second Priority Debt Parties may exercise rights and remedies as unsecured creditors against the Company and any other Grantor in accordance with the terms of the Second Priority Debt Documents and applicable law so long as such rights and remedies do not violate any express provision of this Agreement. Nothing in this Agreement shall prohibit the receipt by any Second Priority Representative or any Second Priority Debt Party of the required payments of principal, premium, interest, fees and other amounts due under the Second Priority Debt Documents so long as such receipt is not the direct or indirect result of the exercise by a Second Priority Representative or any Second Priority Debt Party of rights or remedies as a secured creditor in respect of Shared Collateral. In the event any Second Priority Representative or any Second Priority Debt Party becomes a judgment lien creditor in respect of Shared Collateral as a result of its enforcement of its rights as an unsecured creditor in respect of Second Priority Debt Obligations, such judgment lien shall be subordinated to the Liens securing Senior Obligations on the same basis as the other Liens securing the Second Priority Debt Obligations are so subordinated to such Liens securing Senior Obligations under this Agreement. Nothing in this Agreement shall impair or otherwise adversely affect any rights or remedies the Senior Representatives Representative or the Senior Secured Parties may have with respect to the Senior Collateral.

Rights as Unsecured Creditors. Notwithstanding anything to the contrary in this Agreement, the Second Second-Priority Representatives Agents and the Second Second-Priority Debt Secured Parties may exercise rights and remedies as an unsecured creditors creditor against the Company and or any other Grantor Subsidiary that has guaranteed the Second-Priority Claims in accordance with the terms of the Second applicable Second-Priority Debt Documents and applicable law so long as such rights and remedies do not violate any express provision of this Agreementlaw. Nothing in this Agreement shall prohibit the receipt by any Second Second-Priority Representative Agent or any Second Second-Priority Debt Secured Party of the required payments of principal, premium, interest, fees interest and other amounts due under the Second Priority Debt Documents principal so long as such receipt is not the direct or indirect result of the exercise by a Second any Second-Priority Representative Agent or any Second Second-Priority Debt Secured Party of rights or remedies as a secured creditor in respect of Shared CollateralCommon Collateral or other collateral or enforcement in contravention of this Agreement of any Lien in respect of Second-Priority Claims held by any of them. In the event any Second Second-Priority Representative Agent or any Second Second-Priority Debt Secured Party becomes a judgment lien creditor or other secured creditor in respect of Shared Common Collateral or other collateral as a result of its enforcement of its rights as an unsecured creditor in respect of Second Second-Priority Debt ObligationsClaims or otherwise, such judgment or other lien shall be subordinated to the Liens securing Senior Obligations Lender Claims on the same basis as the other Liens securing the Second Second-Priority Debt Obligations Claims are so subordinated to such Liens securing Senior Obligations Lender Claims under this Agreement. Nothing in this Agreement shall impair impairs or otherwise adversely affect affects any rights or remedies the Senior Representatives Intercreditor Agent or the Senior Secured Parties Lenders may have with respect to the Senior Lender Collateral.

Rights as Unsecured Creditors. Notwithstanding anything to the contrary in this Agreement, the Second Priority Representatives and the Second Priority Debt Parties may exercise rights and remedies as unsecured creditors against the Company Borrowers and any other Grantor in accordance with the terms of the Second Priority Debt Documents and applicable law so long as such rights and remedies do not violate any express provision of this Agreement. Nothing in this Agreement shall prohibit the receipt by any Second Priority Representative or any Second Priority Debt Party of the required payments of principal, premium, interest, fees and other amounts due under the Second Priority Debt Documents so long as such receipt is not the direct or indirect result of the exercise by a Second Priority Representative or any Second Priority Debt Party of rights or remedies as a secured creditor in respect of Shared Collateral. In the event any Second Priority Representative or any Second Priority Debt Party becomes a judgment lien creditor in respect of Shared Collateral as a result of its enforcement of its rights as an unsecured creditor in respect of Second Priority Debt Obligations, such judgment lien shall be subordinated to the Liens securing Senior Obligations on the same basis as the other Liens securing the Second Priority Debt Obligations are so subordinated to such Liens securing Senior Obligations under this Agreement. Nothing in this Agreement shall impair or otherwise adversely affect any rights or remedies the Senior Representatives or the Senior Secured Parties may have with respect to the Senior Collateral.

Rights as Unsecured Creditors. Notwithstanding anything to the contrary in this Agreement, during an Event of Default (as defined under the Second Priority Debt Documents), the Second Priority Representatives and the Second Priority Debt Parties may exercise rights and remedies as unsecured creditors against the Company and any other Grantor in accordance with the terms of the Second Priority Debt Documents and applicable law so long as such rights and remedies do not violate any express provision of this Agreement. Nothing in this Agreement shall prohibit the receipt by any Second Priority Representative or any Second Priority Debt Party of the required payments of principal, premium, interest, fees and other amounts due under the Second Priority Debt Documents so long as such receipt is not the direct or indirect result of the exercise by a Second Priority Representative or any Second Priority Debt Party of rights or remedies as a secured creditor in respect of Shared Collateral. In the event any Second Priority Representative or any Second Priority Debt Party becomes a judgment lien creditor in respect of Shared Collateral as a result of its enforcement of its rights as an unsecured creditor in respect of Second Priority Debt Obligations, such judgment lien shall be subordinated to the Liens securing Senior Obligations on the same basis as the other Liens securing the Second Priority Debt Obligations are so subordinated to such Liens securing Senior Obligations under this Agreement. Nothing in this Agreement shall impair or otherwise adversely affect any rights or remedies the Senior Representatives Representative or the Senior Secured Parties may have with respect to the Senior Collateral.

Rights as Unsecured Creditors. Notwithstanding anything to the contrary in this Agreement, the Second Priority The Junior Representatives and the Second Junior Priority Debt Parties may exercise rights and remedies as unsecured creditors against Holdings or the Company and any other Grantor Guarantors in accordance with the terms of the Second Junior Priority Debt Documents and applicable law so long as such rights and remedies do not violate any express other provision of this Agreement. Nothing in this Agreement shall prohibit the receipt by any Second Priority Junior Representative or any Second Junior Priority Debt Party of the required payments of principal, premium, interest, fees and other amounts due under the Second Junior Priority Debt Documents so long as such receipt is not the direct or indirect result of the exercise by a Second Priority Junior Representative or any Second Junior Priority Debt Party of rights or remedies as a secured creditor in respect of Shared Collateral. In the event any Second Priority Junior Representative or any Second Junior Priority Debt Party becomes a judgment lien creditor in respect of Shared Collateral as a result of its enforcement of its rights as an unsecured creditor in respect of Second Junior Priority Debt Obligations, such judgment lien shall be subordinated to the Liens securing Senior Obligations on the same basis as the other Liens securing the Second Junior Priority Debt Obligations are so subordinated to such Liens securing Senior Obligations under this Agreement. Nothing in this Agreement shall impair or otherwise adversely affect any rights or remedies the Senior Representatives Representative or the Senior Secured Parties may have with respect to the Senior Collateral.

Rights as Unsecured Creditors. Notwithstanding anything to the contrary in this AgreementExcept as otherwise expressly provided for herein, the Second Junior Priority Representatives and the Second Junior Priority Debt Parties may exercise rights and remedies as unsecured creditors against the Company Borrower and any other Grantor in accordance with the terms of the Second Junior Priority Debt Documents and applicable law so long as such rights and remedies do not violate any express provision of this Agreement. Nothing in this Agreement shall prohibit the receipt by any Second Junior Priority Representative or any Second Junior Priority Debt Party of the required payments of principal, premium, interest, fees and other amounts due under the Second Junior Priority Debt Documents so long as such receipt is not the direct or indirect result of the exercise by a Second Junior Priority Representative or any Second Junior Priority Debt Party of rights or remedies as a secured creditor in respect of Shared CollateralCollateral in contravention of this Agreement, or of any other action in contravention of this Agreement. In the event that any Second Junior Priority Representative or any Second Junior Priority Debt Party becomes a judgment lien creditor in respect of Shared Collateral as a result of its enforcement of its rights as an unsecured creditor in respect of Second Junior Priority Debt Obligations, such judgment lien shall be subordinated to the Liens securing Senior Obligations and any DIP Financing (and all obligations relating thereto) on the same basis as the other Liens securing the Second Junior Priority Debt Obligations are so subordinated and junior to such Liens securing Senior Obligations under this Agreement. Nothing in this Agreement shall impair or otherwise adversely affect any rights or remedies the Senior Representatives or the Senior Secured Parties may have with respect to the Senior Collateral.

Rights as Unsecured Creditors. Notwithstanding anything to the contrary in this Agreement, the Second Priority Representatives Lien Agent and the Second Priority Debt Lien Secured Parties may exercise rights and remedies as an unsecured creditors creditor against SSC or any Subsidiary that has guaranteed the Company and any other Grantor Second Lien Claims in accordance with the terms of the applicable Second Priority Debt Lien Documents and applicable law so long as such rights and remedies do law, in each case to the extent not violate any express provision inconsistent with the provisions of this Agreement. Nothing in this Agreement shall prohibit the receipt by any the Second Priority Representative Lien Agent or any Second Priority Debt Lien Secured Party of the required payments of principal, premium, interest, fees interest and other amounts due under the Second Priority Debt Documents principal so long as such receipt is not the direct or indirect result of (a) the exercise by a the Second Priority Representative Lien Agent or any Second Priority Debt Lien Secured Party of rights or remedies as a secured creditor in respect of Shared CollateralCommon Collateral or other collateral or (b) enforcement in contravention of this Agreement of any Lien in respect of Second Lien Claims held by any of them. In the event any the Second Priority Representative Lien Agent or any Second Priority Debt Lien Secured Party becomes a judgment lien creditor or other secured creditor, in each case, in respect of Shared Common Collateral or other collateral as a result of its enforcement of its rights as an unsecured creditor in respect of Second Priority Debt ObligationsLien Claims or otherwise, such judgment or other lien shall be subordinated to the Liens securing Senior Obligations First Lien Claims on the same basis as the other Liens securing the Second Priority Debt Obligations Lien Claims are so subordinated to such Liens securing Senior Obligations First Lien Claims under this Agreement. Nothing in this Agreement shall impair impairs or otherwise adversely affect affects any rights or remedies the Senior Representatives First Lien Agent or the Senior Secured Parties First Lien Lenders may have with respect to the Senior First Lien Collateral.

Rights as Unsecured Creditors. Notwithstanding anything to the contrary in this Agreement, the Second Priority Representatives and the Second Priority Debt Parties may exercise rights and remedies as unsecured creditors to the extent not inconsistent with this Agreement against Holdings, the Company Borrower and any other Grantor and in accordance with the terms of the Second Priority Debt Documents and applicable law so long as such rights and remedies do not violate any express provision of this Agreementlaw. Nothing in this Agreement shall prohibit the receipt by any Second Priority Representative or any Second Priority Debt Party of the required payments of principal, premium, interest, fees and other amounts due under the Second Priority Debt Documents so long as such receipt is not the direct or indirect result of the exercise by a Second Priority Representative or any Second Priority Debt Party of rights or remedies as a secured creditor in respect of Shared Collateral. In the event any Second Priority Representative or any Second Priority Debt Party becomes a judgment lien creditor in respect of Shared Collateral as a result of its enforcement of its rights as an unsecured creditor in respect of Second Priority Debt Obligations, such judgment lien shall be subordinated to the Liens securing Senior Obligations on the same basis as the other Liens securing the Second Priority Debt Obligations are so subordinated to such Liens securing Senior Obligations under this Agreement. Nothing in this Agreement shall impair or otherwise adversely affect any rights or remedies the Senior Collateral Agent, the Senior Representatives or the Senior Secured Parties may have with respect to the Senior Collateral.

Rights as Unsecured Creditors. Notwithstanding anything to the contrary in this Agreement, the Second Priority Junior Representatives and the Second Priority Junior Debt Parties may exercise rights and remedies as unsecured creditors against the Company Borrower and any other Grantor in accordance with the terms of the Second Priority Junior Debt Documents and applicable law so long as such rights and remedies do not violate any express provision of this Agreement. Nothing in this Agreement shall prohibit the receipt by any Second Priority Junior Representative or any Second Priority Junior Debt Party of the required payments of principal, premium, interest, fees and other amounts due under the Second Priority Junior Debt Documents so long as such receipt is not the direct or indirect result of the exercise by a Second Priority Junior Representative or any Second Priority Junior Debt Party of rights or remedies as a secured creditor in respect of Shared CollateralCollateral in contravention of this Agreement. In the event any Second Priority Junior Representative or any Second Priority Junior Debt Party becomes a judgment lien creditor in respect of Shared Collateral as a result of its enforcement of its rights as an unsecured creditor in respect of Second Priority Junior Debt Obligations, such judgment lien shall be subordinated to the Liens securing Senior Obligations on the same basis as the other Liens securing the Second Priority Junior Debt Obligations are so subordinated to such Liens securing Senior Obligations under this Agreement. Nothing in this Agreement shall impair or otherwise adversely affect any rights or remedies the Senior Representatives or the Senior Secured Parties may have with respect to the Senior Collateral.

Rights as Unsecured Creditors. Notwithstanding anything to the contrary in this Agreement, the Second Priority The Junior Representatives and the Second Junior Priority Debt Parties may exercise rights and remedies as unsecured creditors against the Company and any other Grantor Borrower or the Guarantors in accordance with the terms of the Second Junior Priority Debt Documents and applicable law so long as such rights and remedies do not violate or are not otherwise inconsistent with any express other provision of this Agreement. Nothing in this Agreement shall prohibit the receipt by any Second Priority Junior Representative or any Second Junior Priority Debt Party of the required payments of principal, premium, interest, fees and other amounts due under the Second Junior Priority Debt Documents so long as such receipt is not the direct or indirect result of the exercise by a Second Priority Junior Representative or any Second Junior Priority Debt Party of rights or remedies as a secured creditor in respect of Shared Collateral. In the event any Second Priority Junior Representative or any Second Junior Priority Debt Party becomes a judgment lien creditor in respect of Shared Collateral as a result of its enforcement of its rights as an unsecured creditor in respect of Second Junior Priority Debt Obligations, such judgment lien shall be subordinated to the Liens securing Senior Obligations on the same basis as the other Liens securing the Second Junior Priority Debt Obligations are so subordinated to such Liens securing Senior Obligations under this Agreement. Nothing in this Agreement shall impair or otherwise adversely affect any rights or remedies the Senior Representatives or the Senior Secured Parties may have with respect to the Senior Collateral.

Rights as Unsecured Creditors. Notwithstanding anything to the contrary in this Agreement, the Second Priority Representatives Agents and the Second Priority Debt Secured Parties may exercise rights and remedies as an unsecured creditors creditor against the Company and or any other Grantor in accordance with the terms of the applicable Second Priority Debt Documents and applicable law so long as such rights and remedies do law, in each case to the extent not violate any express provision inconsistent with the provisions of this Agreement. Nothing in this Agreement shall prohibit the receipt by any Second Priority Representative Agent or any Second Priority Debt Secured Party of the required payments of principal, premium, interest, fees interest and other amounts due under the Second Priority Debt Documents principal so long as such receipt is not the direct or indirect result of (a) the exercise by a any Second Priority Representative Agent or any Second Priority Debt Secured Party of rights or remedies as a secured creditor in respect of Shared CollateralCommon Collateral or other collateral or (b) enforcement in contravention of this Agreement of any Lien in respect of Second Priority Claims held by any of them. In the event any Second Priority Representative Agent or any Second Priority Debt Secured Party becomes a judgment lien creditor or other secured creditor in respect of Shared Common Collateral or other collateral as a result of its enforcement of its rights as an unsecured creditor in respect of Second Priority Debt ObligationsClaims or otherwise, such judgment or other lien shall be subordinated to the Liens securing Senior Obligations Lender Claims on the same basis as the other Liens securing the Second Priority Debt Obligations Claims are so subordinated to such Liens securing Senior Obligations Lender Claims under this Agreement. Nothing in this Agreement shall impair impairs or otherwise adversely affect affects any rights or remedies the Senior Representatives First Lien Agents or the Senior Secured Parties Lenders may have with respect to the Senior Lender Collateral.

Rights as Unsecured Creditors. Notwithstanding anything to the contrary in this Agreement, the Second Junior Priority Representatives and the Second Junior Priority Debt Parties may exercise rights and remedies as unsecured creditors against the Company and Borrower or any other Grantor in accordance with the terms of the Second Junior Priority Debt Documents and applicable law so long as such exercise of rights and remedies do is not violate any express provision inconsistent with the provisions of this Agreement. Nothing in this Agreement shall prohibit the receipt by any Second Junior Priority Representative or any Second Junior Priority Debt Party of the required scheduled payments of principal, premium, interest, fees and other amounts due under the Second Junior Priority Debt Documents so long as such receipt is not the direct or indirect result of the exercise by a Second Junior Priority Representative or any Second Junior Priority Debt Party of rights or remedies as a secured creditor in respect of Shared Collateral. In the event any Second Junior Priority Representative or any Second Junior Priority Debt Party becomes a judgment lien creditor in respect of Shared Collateral as a result of its enforcement of its rights as an unsecured creditor in respect of Second Junior Priority Debt Obligations, such judgment lien shall be subordinated to the Liens securing Senior Obligations on the same basis as the other Liens securing the Second Junior Priority Debt Obligations are so subordinated to such Liens securing Senior Obligations under this Agreement. Nothing in this Agreement shall impair or otherwise adversely affect any rights or remedies the Senior Representatives or the Senior Secured Parties may have with respect to the Senior Collateral.

Rights as Unsecured Creditors. Notwithstanding anything to the contrary in this Agreement, the The Second Priority Representatives Agents and the Second Priority Debt Secured Parties may exercise rights and remedies as an unsecured creditors creditor against the Company and Borrower or any other Grantor in accordance with the terms of the applicable Second Priority Debt Documents and applicable law so long as such rights and remedies do law, in each case to the extent not violate any express provision inconsistent with or otherwise in contravention of the provisions of this Agreement. Nothing in this Agreement shall prohibit the receipt by any Second Priority Representative Agent or any Second Priority Debt Secured Party of the required payments of principal, premium, interest, fees interest and other amounts due under the Second Priority Debt Documents principal so long as such receipt is not the direct or indirect result of (a) the exercise by a any Second Priority Representative Agent or any Second Priority Debt Secured Party of rights or remedies as a secured creditor in respect of Shared CollateralCommon Collateral or (b) enforcement in contravention of this Agreement of any Lien on Common Collateral in respect of Second Priority Claims held by any of them. In the event any Second Priority Representative Agent or any Second Priority Debt Secured Party becomes a judgment lien creditor or other secured creditor in respect of Shared Common Collateral as a result of its enforcement of its rights as an unsecured creditor in respect of Second Priority Debt ObligationsClaims or otherwise, such judgment or other lien shall be subordinated to the Liens securing Senior Obligations Creditor Claims on the same basis as the other Liens securing the Second Priority Debt Obligations Claims are so subordinated to such Liens securing Senior Obligations Creditor Claims under this Agreement. Nothing in this Agreement shall impair impairs or otherwise adversely affect affects any rights or remedies the Senior Representatives First Lien Agents or the Senior Secured Parties Creditors may have with respect to the Senior Creditor Collateral.

Rights as Unsecured Creditors. Notwithstanding anything to the contrary in this Agreement, the The Second Priority Representatives and the Second Priority Debt Parties may exercise rights and remedies as unsecured creditors against the Company Borrowers and any other Grantor in accordance with the terms of the Second Priority Debt Documents and applicable law so long as such rights and remedies do not violate or are not otherwise inconsistent with any express provision of this Agreement. Nothing in this Agreement shall prohibit the receipt by any Second Priority Representative or any Second Priority Debt Party of the required payments of principal, premium, interest, fees and other amounts due under the Second Priority Debt Documents so long as such receipt is not the direct or indirect result of the exercise by a Second Priority Representative or any Second Priority Debt Party of rights or remedies as a secured creditor in respect of Shared Collateral. In the event any Second Priority Representative or any Second Priority Debt Party becomes a judgment lien creditor in respect of Shared Collateral as a result of its enforcement of its rights as an unsecured creditor in respect of Second Priority Debt Obligations, such judgment lien shall be subordinated to the Liens securing Senior Obligations on the same basis as the other Liens securing the Second Priority Debt Obligations are so subordinated to such Liens securing Senior Obligations under this Agreement. Nothing in this Agreement shall impair or otherwise adversely affect any rights or remedies the Senior Representatives or the Senior Secured Parties may have with respect to the Senior Collateral.

Rights as Unsecured Creditors. Notwithstanding anything to the contrary in this Agreement, the Second Priority Representatives Agents and the Second Priority Debt Parties Lenders may exercise rights and remedies as an unsecured creditors creditor against Holdings, the Company and Term Loan Borrower, any other Grantor ABL Borrower or any Subsidiary that has guaranteed the Second Priority Claims in accordance with the terms of the applicable Second Priority Debt Documents and applicable law so long as such rights and remedies do law, in each case to the extent not violate any express provision inconsistent with the provisions of this Agreement. Nothing in this Agreement shall prohibit the receipt by any Second Priority Representative Agent or any Second Priority Debt Party Lender of the required payments of principal, premium, interest, fees interest and other amounts due under the Second Priority Debt Documents principal so long as such receipt is not the direct or indirect result of (a) the exercise by a any Second Priority Representative Agent or any Second Priority Debt Party Lender of rights or remedies as a secured creditor in respect of Shared Collateralthat portion of the Common Collateral on which the Second Priority Agents and the Second Priority Lenders have a Second Priority Claim or (b) enforcement in contravention of this Agreement or any other applicable intercreditor agreement of any Lien in respect of Second Priority Claims held by any of them. In the event any Second Priority Representative Agent or any Second Priority Debt Party Lender becomes a judgment lien creditor or other secured creditor in respect of Shared Common Collateral as a result of its enforcement of its rights as an unsecured creditor in respect of Second Priority Debt ObligationsClaims or otherwise, such judgment or other lien shall be subordinated to the Liens securing Senior Obligations First Priority Claims on the same basis as the other Liens securing the Second Priority Debt Obligations Claims are so subordinated to such Liens securing Senior Obligations First Priority Claims under this Agreement. Nothing in this Agreement shall impair impairs or otherwise adversely affect affects any rights or remedies the Senior Representatives ABL Agent or the Senior Secured Parties ABL Lenders may have with respect to the Senior ABL Priority Collateral, or any rights or remedies the Term Loan Agents or the Term Loan Lenders may have with respect to the Term Loan Priority Collateral.

Rights as Unsecured Creditors. Notwithstanding anything to the contrary in this Agreement, the Second Priority Representatives and the Second Priority Debt Parties may exercise rights and remedies as unsecured creditors against the Company either Borrower and any other Grantor in accordance with the terms of the Second Priority Debt Documents and applicable law so long as such rights and remedies do not violate any express provision of this AgreementAgreement or any Senior Debt Document. Nothing in this Agreement shall prohibit the receipt by any Second Priority Representative or any Second Priority Debt Party of the required payments of principal, premium, interest, fees and other amounts due under the Second Priority Debt Documents so long as such receipt is not the direct or indirect result of the exercise by a Second Priority Representative or any Second Priority Debt Party of rights or remedies as a secured creditor in respect of Shared Collateral. In the event any Second Priority Representative or any Second Priority Debt Party becomes a judgment lien creditor in respect of Shared Collateral as a result of its enforcement of its rights as an unsecured creditor in respect of Second Priority Debt Obligations, such judgment lien shall be subordinated to the Liens securing Senior Obligations on the same basis as the other Liens securing the Second Priority Debt Obligations are so subordinated to such Liens securing Senior Obligations under this Agreement. Nothing in this Agreement shall impair or otherwise adversely affect any rights or remedies the Senior Representatives or the Senior Secured Parties may have with respect to the Senior Collateral.

Rights as Unsecured Creditors. Notwithstanding anything to the contrary in this Agreement, the Second Priority Representatives Agents and the Second Priority Debt Secured Parties may exercise rights and remedies as an unsecured creditors creditor against the Company and or any other Grantor Subsidiary that has guaranteed the Second Priority Claims in accordance with the terms of the applicable Second Priority Debt Documents and applicable law so long as such rights and remedies do law, in each case to the extent not violate any express provision inconsistent with the provisions of this Agreement. Nothing in this Agreement shall prohibit the receipt by any Second Priority Representative Agent or any Second Priority Debt Secured Party of the required payments of principal, premium, interest, fees interest and other amounts due under the Second Priority Debt Documents principal so long as such receipt is not the direct or indirect result of (a) the exercise by a any Second Priority Representative Agent or any Second Priority Debt Secured Party of rights or remedies as a secured creditor in respect of Shared CollateralCommon Collateral or other collateral or (b) enforcement in contravention of this Agreement of any Lien in respect of Second Priority Claims held by any of them. In the event any Second Priority Representative Agent or any Second Priority Debt Secured Party becomes a judgment lien creditor or other secured creditor in respect of Shared Common Collateral or other collateral as a result of its enforcement of its rights as an unsecured creditor in respect of Second Priority Debt ObligationsClaims or otherwise, such judgment or other lien shall be subordinated to the Liens securing Senior Obligations Lender Claims on the same basis as the other Liens securing the Second Priority Debt Obligations Claims are so subordinated to such Liens securing Senior Obligations Lender Claims under this Agreement. Nothing in this Agreement shall impair impairs or otherwise adversely affect affects any rights or remedies the Senior Representatives First Lien Agents or the Senior Secured Parties Lenders may have with respect to the Senior Lender Collateral.

Rights as Unsecured Creditors. Notwithstanding anything to To the contrary extent not in contravention of any express provision of this Agreement, the Second Priority Representatives and the other Second Priority Debt Secured Parties may exercise rights and remedies as unsecured creditors (including the ability to file any pleadings, objections, motions or agreements which assert rights or interests available to unsecured creditors of the Grantors arising under either Debtor Relief Laws, any Insolvency or Liquidation Proceeding or applicable non-bankruptcy law, in each case in accordance with the terms of this Agreement) against Holdings, the Company Borrower and any other Grantor in accordance with the terms of the Second Priority Debt Documents and applicable law so long as such rights and remedies do law. To the extent not violate in contravention of any express provision of this Agreement. Nothing , nothing in this Agreement shall prohibit the receipt by any Second Priority Representative or any other Second Priority Debt Secured Party of the required payments of principal, premium, interest, fees and other amounts due under the Second Priority Debt Documents so long as such receipt is not the direct or indirect result of the exercise by a Second Priority Representative or any Second Priority Debt Secured Party of rights or remedies as a secured creditor in respect of Shared Collateral; provided that the foregoing shall not limit the provisions of Section 6.03. In the event any Second Priority Representative or any Second Priority Debt Secured Party becomes a judgment lien Lien creditor in respect of Shared Collateral as a result of its enforcement of its rights as an unsecured creditor in respect of Second Priority Debt Obligations, such judgment lien Lien shall be subordinated to the Liens securing Senior Priority Obligations on the same basis as the other Liens securing the Second Priority Debt Obligations are so subordinated to such Liens securing Senior Priority Obligations under pursuant to this Agreement. Nothing in this Agreement shall impair or otherwise adversely affect any rights or remedies the Senior Priority Representatives or the other Senior Priority Secured Parties may have with respect to the Senior Priority Collateral.

Rights as Unsecured Creditors. Notwithstanding anything to the contrary in this AgreementExcept as otherwise expressly provided for herein, the Second Junior Priority Representatives and the Second Junior Priority Debt Parties may exercise rights and remedies as unsecured creditors against the Company Borrowers and any other Grantor in accordance with the terms of the Second Junior Priority Debt Documents and applicable law so long as such rights and remedies do not violate any express provision of this Agreement. Nothing in this Agreement shall prohibit the receipt by any Second Junior Priority Representative or any Second Junior Priority Debt Party of the required payments of principal, premium, interest, fees and other amounts due under the Second Junior Priority Debt Documents so long as such receipt is not the direct or indirect result of the exercise by a Second Junior Priority Representative or any Second Junior Priority Debt Party of rights or remedies as a secured creditor in respect of Shared CollateralCollateral in contravention of this Agreement, or of any other action in contravention of this Agreement. In the event any Second Junior Priority Representative or any Second Junior Priority Debt Party becomes a judgment lien creditor in respect of Shared Collateral as a result of its enforcement of its rights as an unsecured creditor in respect of Second Junior Priority Debt Obligations, such judgment lien shall be subordinated to the Liens securing Senior Obligations and any DIP Financing (and all obligations relating thereto) on the same basis as the other Liens securing the Second Junior Priority Debt Obligations are so subordinated to such Liens securing Senior Obligations under this Agreement. Nothing in this Agreement shall impair or otherwise adversely affect any rights or remedies the Senior Representatives or the Senior Secured Parties may have with respect to the Senior Collateral.

Rights as Unsecured Creditors. Notwithstanding anything to the contrary in Except as otherwise expressly set forth in, or barred by, this Agreement, the Second Priority Representatives Term Loan Collateral Agent and the Second Priority Debt Term Loan Secured Parties may exercise their rights and remedies remedies, if any, as an unsecured creditors creditor against the Company and or any other Grantor that has guaranteed the Term Loan Obligations in accordance with the terms of the Second Priority Debt applicable Term Loan Documents and applicable law so long as such rights and remedies do not violate any express provision of this Agreementlaw. Nothing in this Agreement shall prohibit the receipt by any Second Priority Representative the Term Loan Collateral Agent or any Second Priority Debt Term Loan Secured Party of the required payments of principal, premium, interest, fees interest and other amounts due under the Second Priority Debt Documents principal so long as such receipt is not the direct or indirect result of the exercise by a Second Priority Representative the Term Loan Collateral Agent or any Second Priority Debt Term Loan Secured Party of rights or remedies as a secured creditor in respect of Shared CollateralCommon Collateral or enforcement in contravention of this Agreement of any Lien on the Common Collateral in respect of Term Loan Obligations held by any of them or in any Insolvency or Liquidation Proceeding. In the event any Second Priority Representative the Term Loan Collateral Agent or any Second Priority Debt Term Loan Secured Party becomes a judgment lien creditor or other secured creditor in respect of Shared Collateral Common Collateral, as a result of its enforcement of its rights as an unsecured creditor in respect of Second Priority Debt ObligationsTerm Loan Obligations or otherwise, such judgment lien Lien or any other Lien shall be (i) subordinated to the Liens securing Senior ABL Obligations on the same basis as the other Liens securing the Second Priority Debt Term Loan Obligations are so subordinated to such the First Priority Liens securing Senior ABL Obligations under this Agreement, and (ii) otherwise subject to the terms of this Agreement for all purposes to the same extent as all other Liens on Common Collateral securing the Term Loan Obligations are subject to this Agreement. Nothing in this Agreement impairs, shall impair be construed to impair, or otherwise adversely affect affects any rights or remedies the Senior Representatives ABL Collateral Agent or the Senior ABL Secured Parties may have with respect to the Senior Common Collateral.

Rights as Unsecured Creditors. Notwithstanding anything to the contrary in this Agreement, the The Second Priority Representatives and the Second Priority Debt Secured Parties may exercise rights and remedies as unsecured creditors against the Company Borrower and any other Grantor in accordance with the terms of the Second Priority Debt Documents and applicable law Law so long as such rights and remedies do not violate violate, or are not otherwise inconsistent with, any express provision of this Agreement. Nothing in this Agreement shall prohibit the receipt by any Second Priority Representative or any Second Priority Debt Secured Party of the required payments of principal, premium, interest, fees and other amounts due under the Second Priority Debt Documents so long as such receipt is not the direct or indirect result of the exercise by a Second Priority Representative or any Second Priority Debt Secured Party of rights or remedies as a secured creditor in respect of Shared Collateral. In the event any Second Priority Representative or any Second Priority Debt Secured Party becomes a judgment lien Lien creditor in respect of Shared Collateral as a result of its enforcement of its rights as an unsecured creditor in respect of Second Priority Debt Obligations, such judgment lien Lien shall be subordinated to the Liens securing Senior Obligations on the same basis as the other Liens securing the Second Priority Debt Obligations are so subordinated to such Liens securing Senior Obligations under this Agreement. Nothing in this Agreement shall impair or otherwise adversely affect any rights or remedies the Senior Priority Representatives or the Senior Priority Secured Parties may have with respect to the Senior Priority Collateral.

Rights as Unsecured Creditors. Notwithstanding anything to the contrary in this Agreement, the Second The Junior Priority Representatives and the Second Junior Priority Debt Parties may exercise rights and remedies as unsecured creditors against the Company Borrowers and any other Grantor in accordance with the terms of the Second Junior Priority Debt Documents and applicable law so long as such rights and remedies do not violate any express provision of this AgreementAgreement (including any provision prohibiting or restricting the Junior Priority Debt Parties from taking various actions or making various objections). Nothing in this Agreement shall prohibit the receipt by any Second Junior Priority Representative or any Second Junior Priority Debt Party of the required payments of principal, premium, interest, fees and other amounts due under the Second Junior Priority Debt Documents so long as such receipt is not the direct or indirect result of the exercise in contravention of this Agreement by a Second Junior Priority Representative or any Second Junior Priority Debt Party of rights or remedies as a secured creditor in respect of Shared CollateralCollateral in contravention of this Agreement. In the event any Second Junior Priority Representative or any Second Junior Priority Debt Party becomes a judgment lien creditor in respect of Shared Collateral as a result of its enforcement of its rights as an unsecured creditor in respect of Second Junior Priority Debt Obligations, such judgment lien shall be subordinated to the Liens securing Senior Obligations on the same basis as the other Liens securing the Second Junior Priority Debt Obligations are so subordinated to such Liens securing Senior Obligations under this Agreement. Nothing in this Agreement shall impair or otherwise adversely affect any rights or remedies the Senior Representatives or the Senior Secured Parties may have with respect to the Senior Collateral.

Rights as Unsecured Creditors. Notwithstanding anything to the contrary in this Agreement, prior to, on and after the Second Junior Priority Representatives Enforcement Date, the Junior Priority Representative and the Second Priority Debt Junior Lien Secured Parties may exercise rights and remedies remedies[[, including the right to object or otherwise act]], as unsecured creditors against the Company Borrower and any other Grantor in accordance with the terms of the Second Priority Junior Lien Debt Documents and applicable law law[[ so long as such rights and remedies do not violate any express provision of this Agreement]]. Nothing in this Agreement shall prohibit the receipt by any Second the Junior Priority Representative or any Second Priority Debt Junior Lien Secured Party of the required payments of principal, premium, interest, fees and other amounts due under the Second Priority Junior Lien Debt Documents so long as such receipt is not the direct or indirect result of the exercise in contravention of this Agreement by a Second the Junior Priority Representative or any Second Priority Debt Junior Lien Secured Party of rights or remedies as a secured creditor in respect of Shared Collateral. In the event any Second the Junior Priority Representative or any Second Priority Debt Junior Lien Secured Party becomes a judgment lien creditor in respect of Shared Collateral as a result of its enforcement of its rights as an unsecured creditor in respect of Second Priority Debt Junior Lien Obligations, such judgment lien shall be subordinated to the Liens securing Senior Obligations on the same basis as the other Liens securing the Second Priority Debt Junior Lien Obligations are so subordinated to such Liens securing Senior Obligations under this Agreement. Nothing in this Agreement shall impair or otherwise adversely affect any rights or remedies the Senior Representatives Representative or the Senior Secured Parties may have with respect to the Senior Collateral.

Rights as Unsecured Creditors. Notwithstanding anything to the contrary in this Agreement, the The Second Priority Representatives and the Second Priority Debt Parties may exercise rights and remedies as unsecured creditors against the Company and any other Grantor in accordance with the terms of the Second Priority Debt Documents and applicable law so long as such rights and remedies do not violate violate, or are not otherwise inconsistent with, any express provision of this Agreement. Nothing in this Agreement shall prohibit the receipt by any Second Priority Representative or any Second Priority Debt Party of the required payments of principal, premium, interest, fees and other amounts due under the Second Priority Debt Documents so long as such receipt is not the direct or indirect result of the exercise by a Second Priority Representative or any Second Priority Debt Party of rights or remedies as a secured creditor in respect of Shared CollateralCollateral in contravention of this Agreement. In the event any Second Priority Representative or any Second Priority Debt Party becomes a judgment lien creditor in respect of Shared Collateral as a result of its enforcement of its rights as an unsecured creditor in respect of Second Priority Debt Obligations, such judgment lien shall be subordinated to the Liens securing Senior Obligations on the same basis as the other Liens securing the Second Priority Debt Obligations are so subordinated to such Liens securing Senior Obligations under this Agreement. Nothing in this Agreement shall impair or otherwise adversely affect any rights or remedies the Senior Representatives or the Senior Secured Parties may have with respect to the Senior Collateral.

Rights as Unsecured Creditors. Notwithstanding anything to the contrary in Except as otherwise expressly set forth in, or barred by, this Agreement, the Second Priority Representatives Lien Collateral Agent and the Second Priority Debt Lien Secured Parties may exercise rights and remedies as an unsecured creditors creditor against the Company and or any other Grantor that has guaranteed the Second Lien Obligations in accordance with the terms of the applicable Second Priority Debt Lien Documents and applicable law so long as such rights and remedies do not violate any express provision of this Agreementlaw. Nothing in this Agreement shall prohibit the receipt by any the Second Priority Representative Lien Collateral Agent or any Second Priority Debt Lien Secured Party of the required payments of principal, premium, interest, fees interest and other amounts due under the Second Priority Debt Documents principal so long as such receipt is not the direct or indirect result of the exercise by a the Second Priority Representative Lien Collateral Agent or any Second Priority Debt Lien Secured Party of rights or remedies as a secured creditor in respect of Shared CollateralCommon Collateral or other collateral or enforcement in contravention of this Agreement of any Lien in respect of Second Lien Obligations held by any of them or in any Insolvency or Liquidation Proceeding. In the event any the Second Priority Representative Lien Collateral Agent or any Second Priority Debt Lien Secured Party becomes a judgment lien creditor or other secured creditor in respect of Shared Common Collateral, First Lien Collateral or other collateral as a result of its enforcement of its rights as an unsecured creditor in respect of Second Priority Debt ObligationsLien Obligations or otherwise, such judgment or other lien shall be subordinated to the Liens securing Senior First Lien Obligations on the same basis as the other Liens securing the Second Priority Debt Lien Obligations are so subordinated to such the First Priority Liens securing Senior First Lien Obligations under this Agreement. Nothing in this Agreement shall impair impairs or otherwise adversely affect affects any rights or remedies the Senior Representatives First Lien Collateral Agent or the Senior First Lien Secured Parties may have with respect to the Senior First Lien Collateral.

Rights as Unsecured Creditors. Notwithstanding anything to the contrary in this Agreement, the Second Priority Representatives Junior Representative and the Second Priority Debt Junior Secured Parties may exercise rights and remedies as unsecured creditors against the Company Borrower and any other Grantor in accordance with the terms of the Second Priority Junior Debt Documents and applicable law so long as such rights and remedies do not violate any express provision violate, and are not inconsistent with, the provisions of this Agreement. Nothing in this Agreement shall prohibit the receipt by any Second Priority the Junior Representative or any Second Priority Debt Junior Secured Party of the required payments of principal, premium, interest, fees and other amounts due under the Second Priority Junior Debt Documents so long as such receipt is not the direct or indirect result of the exercise in contravention of this Agreement by a Second Priority the Junior Representative or any Second Priority Debt Junior Secured Party of rights or remedies as a secured creditor in respect of Shared CollateralCollateral or otherwise required to be paid over to the Senior Representative for the benefit of the Senior Secured Parties pursuant to Section 4.02. In the event any Second Priority the Junior Representative or any Second Priority Debt Junior Secured Party becomes a judgment lien creditor in respect of Shared Collateral or other collateral securing any Junior Obligations as a result of its enforcement of its rights as an unsecured creditor in respect of Second Priority Debt ObligationsJunior Obligations or otherwise, such judgment or other lien shall be subordinated to the Liens securing Senior Obligations on the same basis as the other Liens securing the Second Priority Debt Junior Obligations are so subordinated to such Liens securing Senior Obligations under this Agreement. Nothing in this Agreement shall impair or otherwise adversely affect any rights or remedies the Senior Representatives Representative or the Senior Secured Parties may have with respect to the Senior Collateral.

Rights as Unsecured Creditors. Notwithstanding anything Except to the contrary extent in contravention of the express terms of this Agreement, the Second Junior Priority Representatives Agents and the Second Junior Priority Debt Secured Parties may exercise rights and remedies as an unsecured creditors creditor against the Company and or any other Grantor Subsidiary of the Company that has guaranteed the Junior Priority Obligations in accordance with with, and to the extent permitted by, the terms of the Second applicable Junior Priority Debt Documents and applicable law so long as such rights and remedies do not violate any express provision of this Agreementlaw. Nothing in this Agreement shall prohibit the receipt (subject to Sections 4.1 and 4.2, as applicable) by any Second Junior Priority Representative Agent or any Second Junior Priority Debt Secured Party of the required payments of interest, principal, premium, interestif any, fees and other amounts due under the Second Priority Debt Documents so long as such receipt is not the direct or indirect result of the exercise by a Second any Junior Priority Representative Agent or any Second Junior Priority Debt Secured Party of rights or remedies as a secured creditor against Common Collateral or enforcement in contravention of this Agreement of any Lien against Common Collateral in respect of Shared CollateralJunior Priority Obligations held by any of them. In the event any Second Junior Priority Representative Agent or any Second Junior Priority Debt Secured Party becomes a judgment lien creditor in respect of Shared or other secured creditor against Common Collateral as a result of its enforcement of its rights as an unsecured creditor in respect of Second Junior Priority Debt ObligationsObligations or otherwise, such judgment lien Lien shall be subordinated to the Liens securing Senior Priority Obligations on the same basis as the other Liens securing the Second Junior Priority Debt Obligations are so subordinated to such Liens securing Senior Priority Obligations under this Agreement. Nothing in this Agreement shall impair or otherwise adversely affect any rights or remedies the Senior Representatives Priority Agents or the Senior Secured Parties may have with respect to the Senior Priority Collateral. For the avoidance of doubt, but without limiting Section 6.11 or 8.18, nothing in this Agreement shall restrict the right of any Junior Priority Secured Party to enforce any of its rights against GLBR or any assets of GLBR.

Rights as Unsecured Creditors. Notwithstanding anything to the contrary in this Agreement, the Second Priority Representatives each Junior Collateral Agent and the Second Priority Debt Parties each Junior Obligations Secured Party may exercise rights and remedies as an unsecured creditors creditor against the Company and or any other Grantor Subsidiary that has guaranteed the applicable Junior Obligations in accordance with the terms of the Second Priority Debt applicable Junior Obligations Documents and applicable law so long as such rights and remedies do if the Common Collateral was not violate any express provision of this Agreementsubject to their Junior Liens. Nothing in this Agreement shall prohibit the receipt by any Second Priority Representative Junior Collateral Agent or any Second Priority Debt Junior Obligations Secured Party of the required payments of principal, premium, interest, fees interest and other amounts due under the Second Priority Debt Documents principal so long as such receipt is not the direct or indirect result of the exercise by a Second Priority Representative such Junior Collateral Agent or any Second Priority Debt such Junior Obligations Secured Party of rights or remedies as a secured creditor or enforcement in respect contravention of Shared Collateralthis Agreement of any Lien held by any of them. In the event any Second Priority Representative Junior Collateral Agent or any Second Priority Debt Junior Obligations Secured Party becomes a judgment lien creditor in respect of Shared any Common Collateral on which they do not have Senior Liens as a result of its enforcement of its rights as an unsecured creditor in respect of Second Priority Debt Obligationscreditor, such judgment lien shall be subordinated to the Senior Liens securing Senior Obligations on the same basis as the other Liens securing the Second Priority Debt such Junior Obligations are so subordinated to such Senior Liens securing Senior Obligations under this Agreement. Nothing in this Agreement shall impair impairs or otherwise adversely affect affects any rights or remedies the Senior Representatives Credit Agent or the Senior Secured Parties Lenders may have with respect to the Senior Lender First Lien Collateral or any rights or remedies the 2004 Noteholder Agent or the 2004 Noteholders may have with respect to the 2004 Notes First Lien Collateral.

Rights as Unsecured Creditors. Notwithstanding anything to the contrary in this Agreement, the Second Junior Priority Representatives and the Second Junior Priority Debt Parties may exercise rights and remedies as unsecured creditors against the Company and any other Grantor in accordance with the terms of the Second Junior Priority Debt Documents and applicable law so long as such rights and remedies do not violate any express provision of this Agreement. Nothing in this Agreement shall prohibit the receipt by any Second Junior Priority Representative or any Second Junior Priority Debt Party of the required payments of principal, premium, interest, fees and other amounts due under the Second Junior Priority Debt Documents so long as such receipt is not the direct or indirect result of the exercise by a Second Junior Priority Representative or any Second Junior Priority Debt Party of rights or remedies as a secured creditor in respect of Shared Collateral. In the event any Second Junior Priority Representative or any Second Junior Priority Debt Party becomes a judgment lien creditor in respect of Shared Collateral as a result of its enforcement of its rights as an unsecured creditor in respect of Second Junior Priority Debt Obligations, such judgment lien shall be subordinated to the Liens securing Senior Obligations on the same basis as the other Liens securing the Second Junior Priority Debt Obligations are so subordinated to such Liens securing Senior Obligations under this Agreement. Nothing in this Agreement shall impair or otherwise adversely affect any rights or remedies the Senior Representatives or the Senior Secured Parties may have with respect to the Senior Collateral.

Rights as Unsecured Creditors. Notwithstanding anything to the contrary in this AgreementExcept as otherwise expressly provided for herein, the Second Priority Representatives Lien Collateral Agent and the Second other Junior Priority Debt Parties may exercise any rights and remedies as unsecured creditors they may have against the Company Borrower and any other Grantor in accordance with the terms of the Second Junior Priority Debt Documents and applicable law so long as such rights and remedies do not violate violate, or are not otherwise inconsistent with, any express provision of this Agreement. Nothing in this Agreement shall prohibit the receipt by any the Second Priority Representative Lien Collateral Agent or any Second other Junior Priority Debt Party of the required payments of principal, premium, interest, fees fees, indemnities, expenses and other amounts due under the Second Junior Priority Debt Documents so long as such receipt is not the direct or indirect result of the exercise by a Second Priority Representative Lien Collateral Agent or any Second other Junior Priority Debt Party of rights or remedies as a secured creditor in respect of Shared CollateralCollateral in contravention of this Agreement or is not otherwise subject to turnover pursuant to Section 4.02. In the event any the Second Priority Representative Lien Collateral Agent or any Second other Junior Priority Debt Party becomes a judgment lien creditor in respect of Shared Collateral as a result of its enforcement of its rights as an unsecured creditor in respect of Second Priority Debt Junior Obligations, such judgment lien shall be subordinated to the Liens securing Senior Obligations and any DIP Financing (and all obligations relating thereto) on the same basis as the other Liens securing the Second Priority Debt Junior Obligations are so subordinated to such Liens securing Senior Obligations under this Agreement. Nothing in this Agreement shall impair or otherwise adversely affect any rights or remedies the Senior Representatives First Lien Collateral Agent or the other Senior Secured Parties may have with respect to the Senior Collateral.

Rights as Unsecured Creditors. Notwithstanding anything to the contrary in this Agreement, the The Second Priority Representatives Lien Collateral Agent and the Second other Junior Priority Debt Parties may exercise any rights and remedies as unsecured creditors they may have against the Company Borrower and any other Grantor in accordance with the terms of the Second Junior Priority Debt Documents and applicable law so long as such rights and remedies do not violate violate, or are not otherwise inconsistent with, any express provision of this AgreementAgreement (it being understood that any express provision of this Agreement that requires any party hereto to act or to refrain from acting shall be applicable to such party in its respective capacities as a secured creditor and as an unsecured creditor). Nothing in this Agreement shall prohibit the receipt by any the Second Priority Representative Lien Collateral Agent or any Second other Junior Priority Debt Party of the required payments of principal, premium, interest, fees fees, indemnities, expenses and other amounts due under the Second Junior Priority Debt Documents so long as such receipt is not the direct or indirect result of the exercise by a Second Priority Representative Lien Collateral Agent or any Second other Junior Priority Debt Party of rights or remedies as a secured creditor in respect of Shared CollateralCollateral in contravention of this Agreement or is not otherwise subject to turnover pursuant to Section 4.02 or Section 6.03. In the event any the Second Priority Representative Lien Collateral Agent or any Second other Junior Priority Debt Party becomes a judgment lien creditor in respect of Shared Collateral as a result of its enforcement of its rights as an unsecured creditor in respect of Second Priority Debt Junior Obligations, such judgment lien shall be subordinated to the Liens securing Senior Obligations and any DIP Financing (and all obligations relating thereto) on the same basis as the other Liens securing the Second Priority Debt Junior Obligations are so subordinated to such Liens securing Senior Obligations under this Agreement. Nothing in this Agreement shall impair or otherwise adversely affect any rights or remedies the Senior Representatives First Lien Collateral Agent or the other Senior Secured Parties may have with respect to the Senior Collateral.

Rights as Unsecured Creditors. Notwithstanding anything to the contrary in this Agreement, the Second Priority The Junior Representatives and the Second Junior Priority Debt Parties may exercise rights and remedies as unsecured creditors against Holdings or the Company and any other Grantor Guarantors in accordance with the terms of the Second Junior Priority Debt Documents and applicable law so long as such rights and remedies do not violate or are not otherwise inconsistent with any express other provision of this Agreement. Nothing in this Agreement shall prohibit the receipt by any Second Priority Junior Representative or any Second Junior Priority Debt Party of the required payments of principal, premium, interest, fees and other amounts due under the Second Junior Priority Debt Documents so long as such receipt is not the direct or indirect result of the exercise by a Second Priority Junior Representative or any Second Junior Priority Debt Party of rights or remedies as a secured creditor in respect of Shared Collateral. In the event any Second Priority Junior Representative or any Second Junior Priority Debt Party becomes a judgment lien creditor in respect of Shared Collateral as a result of its enforcement of its rights as an unsecured creditor in respect of Second Junior Priority Debt Obligations, such judgment lien shall be subordinated to the Liens securing Senior Obligations on the same basis as the other Liens securing the Second Junior Priority Debt Obligations are so subordinated to such Liens securing Senior Obligations under this Agreement. Nothing in this Agreement shall impair or otherwise adversely affect any rights or remedies the Senior Representatives or the Senior Secured Parties may have with respect to the Senior Collateral.

Rights as Unsecured Creditors. Notwithstanding anything to the contrary in this Agreement, the The Second Priority Representatives Representative and the other Second Priority Debt Secured Parties may exercise rights and remedies as unsecured creditors against the Company and any other Grantor in accordance with the terms of the Second Priority Debt Documents and applicable law so long as such rights and remedies do not violate or are not otherwise inconsistent with any express provision of this AgreementAgreement (including any provision prohibiting or restricting the Second Priority Representative or the other Second Priority Secured Parties from taking various actions or making various objections, which actions or objections the Second Priority Representative and other Second Priority Secured Parties shall not pursue whether acting in such capacities or in any other capacity). Nothing Subject to Article IV, nothing in this Agreement shall prohibit the receipt by any the Second Priority Representative or any other Second Priority Debt Secured Party of the required payments of principal, premium, interest, fees and other amounts due under the Second Priority Debt Documents so long as such receipt is not Documents. In the direct or indirect result of event the exercise by a Second Priority Representative or any other Second Priority Debt Party of rights or remedies as a secured creditor in respect of Shared Collateral. In the event any Second Priority Representative or any Second Priority Debt Secured Party becomes a judgment lien Lien creditor in respect of Shared Collateral as a result of its enforcement of its rights as an unsecured creditor in respect of Second Priority Debt Obligations, such judgment lien Lien shall be subordinated to the Liens securing Senior First Priority Obligations on the same basis as the other Liens securing the Second Priority Debt Obligations are so subordinated to such Liens securing Senior First Priority Obligations under this Agreement. Nothing in this Agreement shall impair or otherwise adversely affect any rights or remedies the Senior Representatives First Priority Representative or the Senior First Priority Secured Parties may have with respect to the Senior First Priority Collateral.

Rights as Unsecured Creditors. Notwithstanding anything to the contrary in this Agreement, the Second Priority Representatives and the Second Priority Debt Secured Parties may exercise rights and remedies as unsecured creditors against the Company Borrower and any other Grantor in accordance with the terms of the Second Priority Debt Documents and applicable law so long as such rights and remedies do not violate any express provision of this Agreement. Nothing in this Agreement shall prohibit the receipt by any Second Priority Representative or any Second Priority Debt Secured Party of the required payments of principal, premium, interest, fees and other amounts due under the Second Priority Debt Documents so long as such receipt is not the direct or indirect result of the exercise by a Second Priority Representative or any Second Priority Debt Secured Party of rights or remedies as a secured creditor in respect of Shared Collateral. In the event any Second Priority Representative or any Second Priority Debt Secured Party becomes a judgment lien Lien creditor in respect of Shared Collateral as a result of its enforcement of its rights as an unsecured creditor in respect of Second Priority Debt Obligations, such judgment lien Lien shall be subordinated to the Liens securing Senior Obligations on the same basis as the other Liens securing the Second Priority Debt Obligations are so subordinated to such Liens securing Senior Obligations under this Agreement. Nothing in this Agreement shall impair or otherwise adversely affect any rights or remedies the Senior Priority Representatives or the Senior Priority Secured Parties may have with respect to the Senior Priority Collateral.

Rights as Unsecured Creditors. Notwithstanding anything to the contrary in this Agreement, the Second Priority Representatives and the Second Priority Debt Junior Bridge Notes Parties may exercise rights and remedies as an unsecured creditors creditor against the Company and any other Grantor in accordance with the terms of the Second Priority Debt applicable Junior Bridge Notes Documents and applicable law so long law; provided that any assets, property, or consideration provided by the Company or its subsidiaries, including assets, property, or consideration distributed or issued in an Insolvency or Liquidation Proceeding (which, for the avoidance of doubt, shall include any equity interests distributed or issued by the Company or its subsidiaries as such rights and remedies do not violate reorganized in connection with any express provision of this Agreement. Nothing Insolvency or Liquidation Proceeding) shall be applied to the Senior Convertible Notes Claims in this Agreement shall prohibit the receipt by any Second Priority Representative or any Second Priority Debt Party of the required payments of principal, premium, interest, fees and other amounts due under the Second Priority Debt Documents so long as such receipt is not the direct or indirect result of the exercise by a Second Priority Representative or any Second Priority Debt Party of rights or remedies as a secured creditor in respect of Shared Collateralaccordance with Section 4. In the event any Second Priority Representative or any Second Priority Debt Junior Bridge Notes Party becomes a judgment lien creditor in respect of Shared Collateral as a result of its enforcement of its rights as an unsecured creditor in respect of Second Priority Debt Obligationsits Junior Bridge Notes Claims, such judgment lien shall be subordinated to the Liens securing the Senior Obligations Convertible Notes Claims on the same basis as the other Liens securing the Second Priority Debt Obligations Junior Bridge Notes Claims are so subordinated to such Liens securing the Senior Obligations Convertible Notes Claims under this Agreement. Nothing in this Agreement shall impair impairs or otherwise adversely affect affects any rights or remedies the Senior Representatives or the Senior Secured Convertible Notes Parties may have with respect to the Senior Common Collateral.

Rights as Unsecured Creditors. Notwithstanding anything to the contrary in this Agreement, the Second Priority The Junior Representatives and the Second Junior Priority Debt Parties may exercise rights and remedies as unsecured creditors against the Company and any other Grantor or the Guarantors in accordance with the terms of the Second Junior Priority Debt Documents and applicable law so long as such rights and remedies do not violate or are otherwise inconsistent with any express provision of this AgreementAgreement (it being understood that any express provision of this Agreement that requires any party hereto to act or to refrain from acting shall be applicable to such party in its respective capacities as a secured creditor and as an unsecured creditor). Nothing in this Agreement shall prohibit the receipt by any Second Priority Junior Representative or any Second Junior Priority Debt Party of the required payments of principal, premium, interest, fees and other amounts due under the Second Junior Priority Debt Documents so long as such receipt is not the direct or indirect result of the exercise by a Second Priority Junior Representative or any Second Junior Priority Debt Party of rights or remedies as a secured creditor in respect of Shared Collateral. In the event any Second Priority Junior Representative or any Second Junior Priority Debt Party becomes a judgment lien creditor in respect of Shared Collateral as a result of its enforcement of its rights as an unsecured creditor in respect of Second Junior Priority Debt Obligations, such judgment lien shall be subordinated to the Liens securing Senior Obligations on the same basis as the other Liens securing the Second Junior Priority Debt Obligations are so subordinated to such Liens securing Senior Obligations under this Agreement. Nothing in this Agreement shall impair or otherwise adversely affect any rights or remedies the Designated Senior Representatives Representatives, the other Senior Representative or the Senior Secured Parties may have with respect to the Senior Collateral.

Rights as Unsecured Creditors. Notwithstanding anything to the contrary in this Agreement, the The Second Priority Representatives and the Second Priority Debt Secured Parties may exercise rights and remedies as unsecured creditors against the Company Borrower and any other Grantor in accordance with with, are not inconsistent with, and the terms of the Second Priority Debt Documents and applicable law law, so long as such rights and remedies are not consistent with, and do not violate any express provision provision, of this Agreement. Nothing in this Agreement shall prohibit the receipt by any Second Priority Representative or any Second Priority Debt Secured Party of the required payments of principal, premium, interest, fees and other amounts due under the Second Priority Debt Documents so long as such receipt is not the direct or indirect result of the exercise by a Second Priority Representative or any Second Priority Debt Secured Party of rights or remedies as a secured creditor in respect of Shared Collateral. In the event any Second Priority Representative or any Second Priority Debt Secured Party becomes a judgment lien Lien creditor in respect of Shared Collateral as a result of its enforcement of its rights as an unsecured creditor in respect of Second Priority Debt Obligations, such judgment lien Lien shall be subordinated to the Liens securing Senior Obligations on the same basis as the other Liens securing the Second Priority Debt Obligations are so subordinated to such Liens securing Senior Obligations under this Agreement. Nothing in this Agreement shall impair or otherwise adversely affect any rights or remedies the Senior Priority Representatives or the Senior Priority Secured Parties may have with respect to the Senior Priority Collateral.

Rights as Unsecured Creditors. Notwithstanding anything to the contrary in this Agreement, the Second Priority Representatives Trustee and the Second Priority Debt Parties Noteholders may exercise rights and remedies as an unsecured creditors creditor against the Company and or any other Grantor Subsidiary that has guaranteed the Noteholder Claims in accordance with the terms of the Second Priority Debt Noteholder Documents and applicable law so long as such rights and remedies do not violate any express provision of this Agreementlaw. Nothing in this Agreement shall prohibit the receipt by any Second Priority Representative the Trustee or any Second Priority Debt Party Noteholders of the required payments of principal, premium, interest, fees interest and other amounts due under the Second Priority Debt Documents principal so long as such receipt is not the direct or indirect result of the exercise by a Second Priority Representative the Trustee or any Second Priority Debt Party Noteholder of rights or remedies as a secured creditor in respect of Shared CollateralCommon Collateral or enforcement in contravention of this Agreement of any Lien in respect of Noteholder Claims held by any of them and such payments do not come from Proceeds of Common Collateral after an event of default under the First Lien Indebtedness has occurred with respect to which the Trustee has received written notice prior to the Trustee's receipt of such payments, and until such event of default is cured or waived or until the Discharge of Senior Lender Claims. In the event any Second Priority Representative the Trustee or any Second Priority Debt Party Noteholder becomes a judgment lien creditor in respect of Shared Common Collateral as a result of its enforcement of its rights as an unsecured creditor in respect of Second Priority Debt ObligationsNoteholder Claims, such judgment lien shall be subordinated to the Liens securing Senior Obligations Lender Claims on the same basis as the other Liens securing the Second Priority Debt Obligations Noteholder Claims are so subordinated to such Liens securing Senior Obligations Lender Claims under this Agreement. Nothing in this Agreement shall impair impairs or otherwise adversely affect affects any rights or remedies the Senior Representatives Credit Agent or the Senior Secured Parties Lenders may have with respect to the Senior Lender Collateral.

Rights as Unsecured Creditors. Notwithstanding anything to the contrary in this Agreement, the Second Priority Representatives and the Second Priority Debt Secured Parties may exercise rights and remedies as unsecured creditors against Holdings, the Company Borrower and any other Grantor in accordance with the terms of the Second Priority Debt Documents and applicable law so long as such rights and remedies do exercise is not violate inconsistent with any express provision of this Agreement. Nothing in this Agreement shall prohibit the receipt by any Second Priority Representative or any Second Priority Debt Secured Party of the required payments of principal, premium, interest, fees and other amounts due under the Second Priority Debt Documents so long as such receipt is not the direct or indirect result of the exercise by a Second Priority any Representative or any Second Priority Debt Secured Party of rights or remedies as a secured creditor in respect of Shared the Collateral. In the event any Second Priority Representative or any Second Priority Debt Secured Party becomes a judgment lien Lien creditor in respect of Shared Second Priority Collateral as a result of its enforcement of its rights as an unsecured creditor in respect of Second Priority Debt Obligations, such judgment lien Lien shall be subordinated to the Liens securing Senior Priority Obligations on the same basis as the other Liens securing the Second Priority Debt Obligations are so subordinated to such Liens securing Senior Priority Obligations under pursuant to this Agreement. Nothing in this Agreement shall impair or otherwise adversely affect any rights or remedies the Senior Priority Representatives or the Senior Priority Secured Parties may have with respect to the Senior Priority Collateral.

Rights as Unsecured Creditors. Notwithstanding anything to the contrary in this Agreement, the Second The Second-Priority Representatives and the Second Second-Priority Debt Secured Parties may exercise rights and remedies as an unsecured creditors creditor against the Company and or any other Grantor Subsidiary of the Company that has guaranteed the Second-Priority Obligations in accordance with the terms of the Second applicable Second-Priority Debt Documents and applicable law so long as such rights and remedies do law, in each case to the extent not violate any express provision inconsistent with or prohibited by the provisions of this Agreement. Nothing in this Agreement shall prohibit the receipt by any Second Second-Priority Representative or any Second Second-Priority Debt Secured Party of the required payments of principal, premium, interest, fees interest and other amounts due under principal in respect of the Second Second-Priority Debt Documents Obligations so long as such receipt is not the direct or indirect result of the exercise by a Second any Second-Priority Representative or any Second Second-Priority Debt Secured Party of rights or remedies as a secured creditor in respect of Shared CollateralCommon Collateral or enforcement in contravention of this Agreement of any Lien in respect of Second-Priority Obligations held by any of them. In the event any Second Second-Priority Representative or any Second Second-Priority Debt Secured Party becomes a judgment lien creditor in respect of Shared Common Collateral as a result of its enforcement of its rights as an unsecured creditor in respect of Second Second-Priority Debt Obligations, such judgment lien shall be subordinated to the Liens securing Senior First-Priority Obligations on the same basis as the other Liens securing the Second Second-Priority Debt Obligations are so subordinated to such Liens securing Senior First-Priority Obligations under this Agreement. Nothing in this Agreement shall impair impairs or otherwise adversely affect affects any rights or remedies the Senior Representatives First-Priority Collateral Agent or the Senior First-Priority Secured Parties may have with respect to the Senior First-Priority Collateral.

Rights as Unsecured Creditors. Notwithstanding anything to the contrary in this Agreement, the Second Priority Representatives and the Second Priority Debt Parties may exercise rights and remedies as unsecured creditors against the Company and any other Grantor in accordance with the terms of the Second Priority Debt Documents and applicable law so long as such exercise of rights and remedies do are not violate any express provision inconsistent with the provisions of this Agreement. Nothing in this Agreement shall prohibit the receipt by any Second Priority Representative or any Second Priority Debt Party of the required payments of principal, premium, interest, fees and other amounts due under the Second Priority Debt Documents so long as such receipt is not the direct or indirect result of the exercise by a Second Priority Representative or any Second Priority Debt Party of rights or remedies as a secured creditor in respect of Shared CollateralCollateral (including set-off) or enforcement in contravention of this Agreement of any Lien held by any of them or as a result of any distribution of or in respect of any Shared Collateral (whether or not expressly characterized as such) upon or in any Insolvency or Liquidation Proceeding with respect to any Grantor. In the event any Second Priority Representative or any Second Priority Debt Party becomes a judgment lien creditor in respect of Shared Collateral as a result of its enforcement of its rights as an unsecured creditor in respect of Second Priority Debt Obligations, such judgment lien shall be subordinated to the Liens securing Senior Obligations on the same basis as the other Liens securing the Second Priority Debt Obligations are so subordinated to such Liens securing Senior Obligations under this Agreement. Nothing in this Agreement shall impair or otherwise adversely affect any rights or remedies the Senior Representatives or the Senior Secured Parties may have with respect to the Senior Collateral.

Rights as Unsecured Creditors. Notwithstanding anything to the contrary in this Agreement, during an Event of Default under the Second Priority Representatives Debt Documents, the Second Priority Representative and the other Second Priority Debt Parties may exercise rights and remedies as unsecured creditors against the Company and any other Grantor in accordance with the terms of the Second Priority Debt Documents and applicable law so long as such rights and remedies do not violate any express provision of this Agreement. Nothing in this Agreement shall prohibit the acceleration of the Second Priority Debt Obligations or the receipt by any Second Priority Representative or any other Second Priority Debt Party of the required payments of principal, premium, interest, fees and other amounts due under the Second Priority Debt Documents so long as such receipt is not the direct or indirect result of the exercise by a the Second Priority Representative or any other Second Priority Debt Party of an Enforcement Action or any other rights or remedies as a secured creditor in respect of Shared Collateral. In the event any Second Priority Representative or any other Second Priority Debt Party becomes a judgment lien creditor in respect of Shared Collateral as a result of its enforcement of its rights as an unsecured creditor in respect of Second Priority Debt Obligations, such judgment lien Lien shall be subordinated subject to this Agreement for all purposes (including in relation to the Liens securing Senior Obligations on the same basis Obligations) as the other Liens securing the Second Priority Debt Obligations are so subordinated subject to such Liens securing Senior Obligations under this Agreement. Nothing in this Agreement shall impair or otherwise adversely affect any rights or remedies the Senior Representatives or the Senior Secured Parties may have with respect to the Senior Collateral.

Rights as Unsecured Creditors. Notwithstanding anything to the contrary in this Agreement, the Second Priority Representatives and the Second Priority Debt Parties may exercise rights and remedies as unsecured creditors against the Company Borrower and any other Grantor in accordance with the terms of the Second Priority Debt Documents and applicable law Applicable Law so long as such rights and remedies do not violate any express provision of this Agreement. Nothing in this Agreement shall prohibit the receipt by any Second Priority Representative or any Second Priority Debt Party of the required payments of principal, premium, interest, fees and other amounts due under the Second Priority Debt Documents so long as such receipt is not the direct or indirect result of the exercise by a Second Priority Representative or any Second Priority Debt Party of rights or remedies as a secured creditor in respect of Shared CollateralCollateral in contravention of this Agreement. In the event any Second Priority Representative or any Second Priority Debt Party becomes a judgment lien creditor in respect of Shared Collateral as a result of its enforcement of its rights as an unsecured creditor in respect of Second Priority Debt Obligations, such judgment lien shall be subordinated to the Liens securing Senior Obligations on the same basis as the other Liens securing the Second Priority Debt Obligations are so subordinated to such Liens securing Senior Obligations under this Agreement. Nothing in this Agreement shall impair or otherwise adversely affect any rights or remedies the Senior Representatives or the Senior Secured Parties may have with respect to the Senior Collateral.

Rights as Unsecured Creditors. Notwithstanding anything to the contrary in this Agreement, the Second The Junior Priority Representatives and the Second other Junior Priority Debt Secured Parties may exercise rights and remedies as unsecured creditors against the Company Borrower and any other Grantor in accordance with the terms of the Second Junior Priority Debt Documents and applicable law so long as such rights and remedies do not violate or are not otherwise inconsistent with any express other provision of this Agreement. Nothing in this Agreement shall prohibit the receipt by any Second Junior Priority Representative or any Second Junior Priority Debt Secured Party of the required payments of principal, premium, interest, fees and other amounts due under the Second Junior Priority Debt Documents so long as such receipt is not the direct or indirect result of the exercise by a Second Junior Priority Representative or any Second Junior Priority Debt Secured Party of rights or remedies as a secured creditor in respect of Shared Collateral. In the event any Second Junior Priority Representative or any Second Junior Priority Debt Secured Party becomes a judgment lien Lien creditor in respect of Shared Collateral as a result of its enforcement of its rights as an unsecured creditor in respect of Second Junior Priority Debt Obligations, such judgment lien Lien shall be subordinated to the Liens securing Senior Priority Obligations on the same basis as the other Liens securing the Second Junior Priority Debt Obligations are so subordinated to such Liens securing Senior Priority Obligations under this Agreement. Nothing in this Agreement shall impair or otherwise adversely affect any rights or remedies the Senior Priority Representatives or the other Senior Priority Secured Parties may have with respect to the Senior Priority Collateral.

Rights as Unsecured Creditors. Notwithstanding anything to the contrary in this Agreement, the The Second Priority Representatives and the Second Priority Debt Parties may exercise rights and remedies as unsecured creditors against the Company Borrower and any other Grantor in accordance with the terms of the Second Priority Debt Documents and applicable law so long as such rights and remedies do not violate or are not otherwise inconsistent with any express other provision of this Agreement. Nothing in this Agreement shall prohibit the receipt by any Second Priority Representative or any Second Priority Debt Party of the required payments of principal, premium, interest, fees and other amounts due under the Second Priority Debt Documents so long as such receipt is not the direct or indirect result of the exercise by a Second Priority Representative or any Second Priority Debt Party of rights or remedies as a secured creditor in respect of Shared Collateral. In the event any Second Priority Representative or any Second Priority Debt Party becomes a judgment lien creditor in respect of Shared Collateral as a result of its enforcement of its rights as an unsecured creditor in respect of Second Priority Debt Obligations, such judgment lien shall be subordinated to the Liens securing Senior Obligations on the same basis as the other Liens securing the Second Priority Debt Obligations are so subordinated to such Liens securing Senior Obligations under this Agreement. Nothing in this Agreement shall impair or otherwise adversely affect any rights or remedies the Senior Representatives or the Senior Secured Parties may have with respect to the Senior Collateral.

Rights as Unsecured Creditors. Notwithstanding anything to the contrary in this Agreement, the Second Second-Priority Representatives and the Second Second-Priority Debt Secured Parties may exercise rights and remedies as an unsecured creditors creditor against the Company and or any other Grantor Subsidiary of the Company that has guaranteed the Second-Priority Obligations in accordance with the terms of the Second applicable Second-Priority Debt Documents and applicable law so long as such rights and remedies do not violate any express provision of this Agreementlaw. Nothing in this Agreement shall prohibit the receipt by any Second Second-Priority Representative or any Second Second-Priority Debt Secured Party of the required payments of principal, premium, interest, fees interest and other amounts due under principal in respect of the Second Second-Priority Debt Documents Obligations so long as such receipt is not the direct or indirect result of the exercise by a Second any Second-Priority Representative or any Second Second-Priority Debt Secured Party of rights or remedies as a secured creditor in respect of Shared CollateralCommon Collateral or enforcement in contravention of this Agreement of any Lien in respect of Second-Priority Obligations held by any of them. In the event any Second Second-Priority Representative or any Second Second-Priority Debt Secured Party becomes a judgment lien creditor in respect of Shared Common Collateral as a result of its enforcement of its rights as an unsecured creditor in respect of Second Second-Priority Debt Obligations, such judgment lien shall be subordinated to the Liens securing Senior First-Priority Obligations on the same basis as the other Liens securing the Second Second-Priority Debt Obligations are so subordinated to such Liens securing Senior First-Priority Obligations under this Agreement. Nothing in this Agreement shall impair impairs or otherwise adversely affect affects any rights or remedies the Senior Representatives First-Priority Collateral Agent or the Senior First-Priority Secured Parties may have with respect to the Senior First-Priority Collateral.. Table of Contents

Rights as Unsecured Creditors. Notwithstanding anything to the contrary in this Agreement, the Second Junior Priority Representatives and the Second Junior Priority Debt Parties may exercise rights and remedies as unsecured creditors against the Company and Borrower or any other Grantor in accordance with the terms of the Second Junior Priority Debt Documents and applicable law so long as such exercise of rights and remedies do does not violate any express provision of this Agreement. Nothing in this Agreement shall prohibit the receipt by any Second Junior Priority Representative or any Second Junior Priority Debt Party of the required payments of principal, premium, interest, fees and other amounts due under the Second Junior Priority Debt Documents so long as such receipt is not the direct or indirect result of the exercise in contravention of this Agreement by a Second Junior Priority Representative or any Second Junior Priority Debt Party of rights or remedies as a secured creditor in respect of Shared Collateral. In the event any Second Junior Priority Representative or any Second Junior Priority Debt Party becomes a judgment lien creditor in respect of Shared Collateral as a result of its enforcement of its rights as an unsecured creditor in respect of Second Junior Priority Debt Obligations, such judgment lien shall be subordinated to the Liens securing Senior Obligations on the same basis as the other Liens securing the Second Junior Priority Debt Obligations are so subordinated to such Liens securing Senior Obligations under this Agreement. Nothing in this Agreement shall impair or otherwise adversely affect any rights or remedies the Senior Representatives or the Senior Secured Parties may have with respect to the Senior Collateral.

Rights as Unsecured Creditors. Notwithstanding anything to the contrary in this Agreement, the The Second Priority Representatives and the Second Priority Debt Parties may exercise rights and remedies as unsecured creditors against the Company Borrower and any other Grantor in accordance with the terms of the Second Priority Debt Documents and applicable law so long as such rights and remedies do not violate any express provision of this Agreement (other than initiating or joining in an involuntary case or proceeding under any Insolvency or Liquidation Proceeding with respect to any Grantor, but this limitation on any involuntary case or proceeding shall only apply until the expiration of the Standstill Period). To the extent not in contravention of this Agreement. Nothing , nothing in this Agreement shall prohibit the receipt by any Second Priority Representative or any Second Priority Debt Party of the required payments of principal, premium, interest, fees and other amounts due under the Second Priority Debt Documents so long as such receipt is not the direct or indirect result of the exercise in contravention of this Agreement by a Second Priority Representative or any Second Priority Debt Party of rights or remedies as a secured creditor in respect of Shared Collateral. In the event any Second Priority Representative or any Second Priority Debt Party becomes a judgment lien creditor in respect of Shared Collateral as a result of its enforcement of its rights as an unsecured creditor in respect of Second Priority Debt Obligations, such judgment lien shall be subordinated to the Liens securing Senior Obligations on the same basis as the other Liens securing the Second Priority Debt Obligations are so subordinated to such Liens securing Senior Obligations under this Agreement. Nothing in this Agreement shall impair or otherwise adversely affect any rights or remedies the Senior Representatives or the Senior Secured Parties may have with respect to the Senior Collateral.

Rights as Unsecured Creditors. Notwithstanding anything to the contrary in this Agreement, the Second Priority Representatives and the Second Priority Debt Parties may exercise rights and remedies as unsecured creditors against the Company Borrower and any other Grantor in accordance with the terms of the Second Priority Debt Documents and applicable law so long as such rights and remedies do not violate any express provision of this Agreement. Nothing in this Agreement shall prohibit the receipt by any Second Priority Representative or any Second Priority Debt Party of the required payments of principal, premium, interest, fees and other amounts due under the Second Priority Debt Documents so long as such receipt is not the direct or indirect result of the exercise by a Second Priority Representative or any Second Priority Debt Party of rights or remedies as a secured creditor in respect of Shared Collateral. In the event any Second Priority Representative or any Second Priority Debt Party becomes a judgment lien creditor in respect of Shared Collateral as a result of its enforcement of its rights as an unsecured creditor in respect of Second Priority Debt Obligations, such judgment lien shall be subordinated to the Liens securing Senior Obligations on the same basis as the other Liens securing the Second Priority Debt Obligations are so subordinated to such Liens securing Senior Obligations under this Agreement. Nothing in this Agreement shall impair or otherwise adversely affect any rights or remedies the Senior Representatives or the Senior Secured Parties may have with respect to the Senior Collateral. 5.5.

Rights as Unsecured Creditors. Notwithstanding anything to the contrary in this Agreement, the The Second Priority Representatives and the Second Priority Debt Secured Parties may exercise rights and remedies as unsecured creditors against the Company Borrower and any other Grantor in accordance with the terms of the Second Priority Debt Documents and applicable law Law so long as such rights and remedies do not violate violate, or are not otherwise inconsistent with, any express provision of this Agreement. Nothing in this Agreement shall prohibit the receipt by any Second Priority Representative or any Second Priority Debt Secured Party of the required payments of principal, premium, interest, fees and other amounts due under the Second Priority Debt Documents so long as such receipt is not the direct or indirect result of the exercise by a Second Priority Representative or any Second Priority Debt Secured Party of rights or remedies as a secured creditor in respect of Shared Collateral. In the event any Second Priority Representative or any Second Priority Debt Secured Party becomes a judgment lien Lien creditor in respect of Shared Collateral as a result of its enforcement of its rights as an unsecured creditor in respect of Second Priority Debt Obligations, such judgment lien Lien shall be subordinated to the Liens securing Senior Obligations on the same basis as the other Liens securing the Second Priority Debt Obligations are so subordinated to such Liens securing Senior Obligations under this Agreement. Nothing in this Agreement shall impair or otherwise adversely affect any rights or remedies the Senior Priority Representatives or the Senior Priority Secured Parties may have with respect to the Senior Priority Collateral.

Rights as Unsecured Creditors. Notwithstanding anything to the contrary in this Agreement, the Second Priority Representatives and the Second Priority Debt Parties may exercise rights and remedies as unsecured creditors against the Company Borrower and any other Grantor in accordance with the terms of the Second Priority Debt Documents and applicable law so long as such rights and remedies do not violate (or are not otherwise prohibited by) any express provision of this Agreement. Nothing in this Agreement shall prohibit the receipt by any ANNEX III- 19 Second Priority Representative or any Second Priority Debt Party of the required payments of principal, premium, interest, fees and other amounts due under the Second Priority Debt Documents so long as such receipt is not the direct or indirect result of the exercise by a Second Priority Representative or any Second Priority Debt Party of rights or remedies as a secured creditor in respect of Shared Collateral. In the event any Second Priority Representative or any Second Priority Debt Party becomes a judgment lien creditor in respect of Shared Collateral as a result of its enforcement of its rights as an unsecured creditor in respect of Second Priority Debt Obligations, such judgment lien shall be subordinated to the Liens securing Senior Obligations on the same basis as the other Liens securing the Second Priority Debt Obligations are so subordinated to such Liens securing Senior Obligations under this Agreement. Nothing in this Agreement shall impair or otherwise adversely affect any rights or remedies the Senior Representatives or the Senior Secured Parties may have with respect to the Senior Collateral.

Rights as Unsecured Creditors. Notwithstanding anything to the contrary Except as otherwise set forth in this Agreement, the Second Priority Representatives Term Loan Security Agent and the Second Priority Debt Term Loan Secured Parties may exercise rights and remedies as unsecured creditors against the Company and any Borrower or any other Grantor in accordance with the terms of the Second Priority Debt Term Loan Documents to which it is a party and applicable law so long law. Except as such rights and remedies do not violate any express provision of otherwise set forth in this Agreement. Nothing , nothing in this Agreement shall prohibit the receipt by any Second Priority Representative the Term Loan Security Agent or any Second Priority Debt Term Loan Secured Party of the required payments of principal, premium, interest, fees principal and other amounts due under in respect of the Second Priority Debt Documents Term Loan Obligations so long as such receipt is not the direct or indirect result of the exercise by a Second Priority Representative the Term Loan Security Agent or any Second Priority Debt Term Loan Secured Party of rights or remedies as a secured creditor (including set off) in respect of Shared Collateralthe ABL Facility First Lien Collateral in contravention of this Agreement or enforcement in contravention of this Agreement of any Lien held by any of them. In the event any Second Priority Representative the Term Loan Security Agent or any Second Priority Debt other Term Loan Secured Party becomes a judgment lien creditor in respect of Shared any ABL Facility First Lien Collateral as a result of its enforcement of its rights as an unsecured creditor in respect of Second Priority Debt Obligationscreditor, such judgment lien shall be subordinated to the Liens securing Senior ABL Facility Obligations on the same basis as the other Liens on the ABL Facility First Lien Collateral securing the Second Priority Debt Term Loan Obligations are so subordinated to such Liens securing Senior ABL Facility Obligations under this Agreement. Nothing in this Agreement shall impair impairs or otherwise adversely affect affects any rights or remedies the Senior Representatives ABL Facility Security Agent or the Senior other ABL Facility Secured Parties may have with respect to the Senior ABL Facility First Lien Collateral.

Rights as Unsecured Creditors. Notwithstanding anything to the contrary in this Agreement, the Second Priority Representatives and the Second Priority Debt Secured Parties may exercise rights and remedies as unsecured creditors against Holdings, the Company Borrower and any other Grantor in accordance with the terms of the Second Priority Debt Documents and applicable law Law so long as such rights and remedies do exercise is not violate inconsistent with any express provision of this Agreement. Nothing in this Agreement shall prohibit the receipt by any Second Priority Representative or any Second Priority Debt Secured Party of the required payments of principal, premium, interest, fees and other amounts due under the Second Priority Debt Documents so long as such receipt is not the direct or indirect result of the exercise by a Second Priority Representative or any Second Priority Debt Secured Party of rights or remedies as a secured creditor in respect of Shared Collateral. In the event any Second Priority Representative or any Second Priority Debt Secured Party becomes a judgment lien Lien creditor in respect of Shared Collateral as a result of its enforcement of its rights as an unsecured creditor in respect of Second Priority Debt Obligations, such judgment lien Lien shall be subordinated to the Liens securing Senior Priority Obligations on the same basis as the other Liens securing the Second Priority Debt Obligations are so subordinated to such Liens securing Senior Priority Obligations under pursuant to this Agreement. Nothing in this Agreement shall impair or otherwise adversely affect any rights or remedies the Senior Priority Representatives or the Senior Priority Secured Parties may have with respect to the Senior Priority Collateral.

Rights as Unsecured Creditors. Notwithstanding anything to the contrary in this Agreement, the The Second Priority Representatives and the Second Priority Debt Parties may exercise rights and remedies as unsecured creditors against the Company any Borrower and any other Grantor in accordance with the terms of the Second Priority Debt Documents and applicable law so long as such rights and remedies do not violate any express provision of this AgreementAgreement which is binding on the Second Priority Debt Parties, including, without limitation, Sections 2.03, 2.04, 3.01, 3.02 and Article VI hereof. Nothing in this Agreement shall prohibit the receipt by any Second Priority Representative or any Second Priority Debt Party of the required payments of principal, premium, interest, fees and other amounts due under the Second Priority Debt Documents so long as such receipt (i) is not the direct or indirect result of the exercise in contravention of this Agreement by a Second Priority Representative or any Second Priority Debt Party of rights or remedies as a secured creditor in respect of Shared Collateral or (ii) whether in contravention of this Agreement or not, does not have the effect of discharging the Lien of any Senior Representative or First Lien Collateral Agent on such Shared Collateral. In the event any Second Priority Representative or any Second Priority Debt Party becomes a judgment lien creditor in respect of Shared Collateral as a result of its enforcement of its rights as an unsecured creditor in respect of Second Priority Debt Obligations, such judgment lien shall be subordinated to the Liens securing Senior Obligations on the same basis as the other Liens securing the Second Priority Debt Obligations are so subordinated to such Liens securing Senior Obligations under this Agreement. Nothing in this Agreement shall impair or otherwise adversely affect any rights or remedies the Senior Representatives or the Senior Secured Parties may have with respect to the Senior Collateral.

Rights as Unsecured Creditors. Notwithstanding anything to the contrary Except as otherwise set forth in this Agreement, the Second Priority Representatives Revolving Facility Agent and the Second Priority Debt Revolving Facility Secured Parties may exercise rights and remedies as unsecured creditors against the Company and or any other Grantor in accordance with the terms of the Second Priority Debt Revolving Facility Documents to which it is a party and applicable law so long law. Except as such rights and remedies do not violate any express provision of otherwise set forth in this Agreement. Nothing , nothing in this Agreement shall prohibit the receipt by any Second Priority Representative the Revolving Facility Agent or any Second Priority Debt Party Revolving Facility Secured Parties of the required payments of principal, premium, interest, fees principal and other amounts due under in respect of the Second Priority Debt Documents Revolving Facility Obligations so long as such receipt is not the direct or indirect result of the exercise by a Second Priority Representative the Revolving Facility Agent or any Second Priority Debt Party Revolving Facility Secured Parties of rights or remedies as a secured creditor (including set off) in respect of Shared Collateralthe Notes Priority Collateral in contravention of this Agreement or enforcement in contravention of this Agreement of any Lien on Notes Priority Collateral held by any of them. In the event any Second Priority Representative the Revolving Facility Agent or any Second Priority Debt other Revolving Facility Secured Party becomes a judgment lien Lien creditor in respect of Shared Notes Priority Collateral as a result of its enforcement of its rights as an unsecured creditor in respect of Second Priority Debt Obligationscreditor, such judgment lien Lien shall be subordinated to (x) the Liens securing Senior First Lien Obligations and (y) if any Additional Second Lien Obligations have been issued, the Liens securing the Second Lien Obligations, in each case, on the same basis as the other Liens on the Notes Priority Collateral securing the Second Priority Debt Revolving Facility Obligations are so subordinated to such Liens securing Senior the First Lien Obligations and Second Lien Obligations, respectively, under this Agreement. Nothing in this Agreement shall impair or otherwise adversely affect any rights or remedies the Senior Representatives or the Senior Secured Parties may have with respect to the Senior Collateral.

Rights as Unsecured Creditors. Notwithstanding anything to the contrary in this Agreement, the Second Priority Representatives and the Second Priority Debt Parties may exercise rights and remedies as unsecured creditors against the Company Borrowers and any other Grantor in accordance with the terms of the Second Priority Debt Documents and applicable law so long as such rights and remedies do not violate any express provision of this Agreement. Nothing in this Agreement shall prohibit the receipt by any Second Priority Representative or any Second Priority Debt Party of the required payments of principal, premium, interest, fees and other amounts due under the Second Priority Debt Documents so long as such receipt is not the direct or indirect result of the exercise in contravention of this Agreement by a Second Priority Representative or any Second Priority Debt Party of rights or remedies as a secured creditor in respect of Shared Collateral. In the event any Second Priority Representative or any Second Priority Debt Party becomes a judgment lien creditor in respect of Shared Collateral as a result of its enforcement of its rights as an unsecured creditor in respect of Second Priority Debt Obligations, such judgment lien shall be subordinated to the Liens securing Senior Obligations on the same basis as the other Liens securing the Second Priority Debt Obligations are so subordinated to such Liens securing Senior Obligations under this Agreement. Nothing in this Agreement shall impair or otherwise adversely affect any rights or remedies the Senior Representatives or the Senior Secured Parties may have with respect to the Senior Collateral.

Rights as Unsecured Creditors. Notwithstanding anything to the contrary in this Agreement, the Second Priority Representatives and the Second Priority Debt Parties may exercise rights and remedies as unsecured creditors against the Company and any other Grantor in accordance with the terms of the Second Priority Debt Documents and applicable law so long as such rights and remedies do not violate any express provision of this Agreement. (a) Nothing in this Agreement shall prohibit the receipt by any Second Priority Representative either Noteholder Trustee or any Second Priority Debt Party Noteholders of the required payments of principal, premium, interest, fees principal and other amounts due under the Second Priority Debt Documents interest so long as (i) such payment by the Warnaco Obligors is made in accordance with the terms of the Senior Credit Agreement (as in effect as of the date hereof except the extent amended to permit payments of principal and interest in respect of the Second Lien Notes in addition to those permitted as of the date hereof) and (ii) such receipt by the Noteholders is not the direct or indirect result of the exercise by a Second Priority Representative either Noteholder Trustee or any Second Priority Debt Party Noteholder of rights or remedies as a secured creditor or enforcement of any Lien held by any of them in respect contravention of Shared Collateralthis Agreement. (b) Notwithstanding anything to the contrary in this Agreement, the Noteholder Trustees and the Noteholders may exercise rights and remedies as an unsecured creditor against the Warnaco Obligors in accordance with the terms of the Noteholder Documents and applicable law. In the event any Second Priority Representative either Noteholder Trustee or any Second Priority Debt Party Noteholder becomes a judgment lien creditor in respect of Shared Collateral as a result of its enforcement of its rights as an unsecured creditor in respect of Second Priority Debt Obligationscreditor, such judgment lien shall be subordinated to the Liens securing Senior Obligations Lender Claims on the same basis as the other Liens securing the Second Priority Debt Obligations Noteholder Claims are so subordinated to such Liens securing Senior Obligations Lender Claims under this Agreement. Nothing in this Agreement shall impair or otherwise adversely affect modifies any rights or remedies the Senior Representatives Agent or the Senior Secured Parties Lenders may have with respect to the Senior Lender Collateral.

Rights as Unsecured Creditors. Notwithstanding anything to the contrary in this Agreement, the Second Priority Representatives Agents and the Second Priority Debt Parties Lenders may exercise rights and remedies as an unsecured creditors creditor against the Company and Borrower or any other Grantor Subsidiary that has guaranteed the Second Priority Claims in accordance with the terms of the applicable Second Priority Debt Documents and applicable law so long as such rights and remedies do law, in each case to the extent not violate any express provision inconsistent with the provisions of this Agreement. Nothing in this Agreement shall prohibit the receipt by any Second Priority Representative Agent or any Second Priority Debt Party Lender of the required payments of principal, premium, interest, fees interest and other amounts due under the Second Priority Debt Documents principal so long as such receipt is not the direct or indirect result of (a) the exercise by a any Second Priority Representative Agent or any Second Priority Debt Party Lender of rights or remedies as a secured creditor in respect of Shared Collateralthe applicable portion of the Common Collateral or (b) enforcement in contravention of this Agreement of any Lien in respect of Second Priority Claims held by any of them. In the event any Second Priority Representative Agent or any Second Priority Debt Party Lender becomes a judgment lien creditor or other secured creditor in respect of Shared Common Collateral as a result of its enforcement of its rights as an unsecured creditor in respect of Second Priority Debt ObligationsClaims or otherwise, such judgment or other lien shall be subordinated to the Liens securing Senior Obligations First Priority Claims on the same basis as the other Liens securing the Second Priority Debt Obligations Claims are so subordinated to such Liens securing Senior Obligations First Priority Claims under this Agreement. Nothing in this Agreement shall impair impairs or otherwise adversely affect affects any rights or remedies the Senior Representatives ABL Agent or the Senior Secured Parties ABL Lenders may have with respect to the Senior ABL Facility First Priority Collateral, or any rights or remedies the Term Loan Agents or the Term Loan Lenders may have with respect to the Term Facility First Priority Collateral.

Rights as Unsecured Creditors. Notwithstanding anything to the contrary in this Agreement, the The Second Priority Representatives and the Second Priority Debt Parties may exercise rights and remedies as unsecured creditors against the Company and any other Grantor in accordance with the terms of the Second Priority Debt Documents and applicable law so long as such rights and remedies do not violate any express provision of or are not otherwise inconsistent with, the provisions this Agreement. Nothing in this Agreement shall prohibit the receipt by any Second Priority Representative or any Second Priority Debt Party of the required payments of principal, premium, interest, fees and other amounts due under the Second Priority Debt Documents so long as such receipt is not the direct or indirect result of the exercise by a Second Priority Representative or any Second Priority Debt Party of rights or remedies as a secured creditor in respect of Shared Collateral. In the event any Second Priority Representative or any Second Priority Debt Party becomes a judgment lien creditor in respect of Shared Collateral as a result of its enforcement of its rights as an unsecured creditor in respect of Second Priority Debt Obligations, such judgment lien shall be subordinated to the Liens securing Senior Obligations on the same basis as the other Liens securing the Second Priority Debt Obligations are so subordinated to such Liens securing Senior Obligations under this Agreement. Nothing in this Agreement shall impair or otherwise adversely affect any rights or remedies the Senior Representatives or the Senior Secured Parties may have with respect to the Senior Collateral.

Rights as Unsecured Creditors. Notwithstanding anything to the contrary in this Agreement, the Second Priority Representatives and the Second Priority Debt The First Lien Secured Parties may exercise rights and remedies as unsecured creditors against any Credit Party in accordance with the Company terms of the First Lien Debt Documents and applicable law; provided that the First Lien Secured Parties will not exercise such rights and remedies in a manner inconsistent with this Agreement. The Second Lien Collateral Agent and each Second Lien Representative, on behalf of itself and all applicable Second Lien Secured Parties, each may exercise rights and remedies as unsecured creditors against any other Grantor Credit Party in accordance with the terms of the Second Priority Lien Debt Documents and applicable law so long as law; provided that the Second Lien Collateral Agent and each Second Lien Representative, on behalf of itself and all applicable Second Lien Parties, will not exercise such rights and remedies do not violate any express provision of in a manner inconsistent with this Agreement. Nothing in this Agreement shall prohibit the receipt by any Second Priority Representative or any Second Priority Debt First Lien Secured Party of the required payments of principal, premium, interest, fees and other amounts due under the Second Priority First Lien Debt Documents so long as such receipt is not the direct or indirect result of the exercise by a Second Priority Representative or any Second Priority Debt Party of rights or remedies as a secured creditor in respect of Shared CollateralDocuments. In the event any Second Priority Representative or any Second Priority Debt Lien Secured Party becomes a judgment lien creditor in respect of Shared Collateral as a result of its enforcement of its rights as an unsecured creditor in respect of Second Priority Debt Lien Obligations, such judgment lien shall be subordinated to the Liens securing Senior First Lien Priority Obligations on the same basis as the other Liens securing the Second Priority Debt Lien Obligations are so subordinated to such Liens securing Senior First Lien Priority Obligations under this Agreement. Nothing in this Agreement shall impair or otherwise adversely affect any rights or remedies the Senior Representatives or the Senior First Lien Secured Parties may have with respect to the Senior First Lien Collateral.

Rights as Unsecured Creditors. Notwithstanding anything to the contrary in this Agreement, the Second Priority Representatives and the Second Priority Debt Parties may exercise rights and remedies as unsecured creditors against the Company Borrower and any other Grantor in accordance with the terms of the Second Priority Debt Documents and applicable law so long as such rights and remedies do not violate any express provision of this Agreement. Nothing in this Agreement shall prohibit the receipt by any Second Priority Representative or any Second Priority Debt Party of the required payments of principal, premium, interest, fees and other amounts due under the Second Priority Debt Documents so long as such receipt is not the direct or indirect result of the exercise by a Second Priority Representative or any Second Priority Debt Party of rights or remedies as a secured creditor in respect of Shared Collateral. In the event any Second Priority Representative or any Second Priority Debt Party becomes a judgment lien creditor in respect of Shared Collateral as a result of its enforcement of its rights as an unsecured creditor in respect of Second Priority Debt Obligations, such judgment lien shall be subordinated to the Liens securing Senior Obligations on the same basis as the other Liens securing the Second Priority Debt Obligations are so subordinated to such Liens securing Senior Obligations under this Agreement. Nothing in this Agreement shall impair or otherwise adversely affect any rights or remedies the Senior Representatives or the Senior Secured Parties may have with respect to the Senior Collateral.the

Rights as Unsecured Creditors. Notwithstanding anything To the extent not in contravention of any express provision of this Agreement, and subject to the contrary in this Agreementobligations of the Second Priority Representatives and Second Priority Secured Parties under Section 4.1, the Second Priority Representatives and the Second Priority Debt Secured Parties may exercise rights and remedies as an unsecured creditors creditor against the Company and Borrower or any other Grantor Subsidiary that has guaranteed the Second Priority Claims in accordance with the terms of the applicable Second Priority Debt Documents and applicable law so long as such rights and remedies do law, in each case to the extent not violate inconsistent with the provisions of this Agreement. To the extent not in contravention of any express provision of this Agreement. Nothing , nothing in this Agreement shall prohibit the receipt by any Second Priority Representative or any Second Priority Debt Secured Party of the required payments of principal, premium, interest, fees interest and other amounts due under the Second Priority Debt Documents principal so long as such receipt is not the direct or indirect result of (a) the exercise by a any Second Priority Representative or any Second Priority Debt Secured Party of rights or remedies as a secured creditor in respect of Shared CollateralCommon Collateral or other collateral or (b) enforcement in contravention of this Agreement of any Lien in respect of Second Priority Claims held by any of them. In the event any Second Priority Representative or any Second Priority Debt Secured Party becomes a judgment lien creditor or other secured creditor in respect of Shared Common Collateral or other collateral as a result of its enforcement of its rights as an unsecured creditor in respect of Second Priority Debt ObligationsClaims or otherwise, such judgment or other lien shall be subordinated to the Liens securing Senior Obligations Lender Claims on the same basis as the other Liens securing the Second Priority Debt Obligations Claims are so subordinated to such Liens securing Senior Obligations Lender Claims under this Agreement. Nothing in this Agreement shall impair impairs or otherwise adversely affect affects any rights or remedies the any Senior Representatives Representative or the Senior Secured Parties may have with respect to the Senior Lender Collateral.

Rights as Unsecured Creditors. Notwithstanding anything to the contrary in this Agreement, the Second Priority The Junior Representatives and the Second Priority Junior Debt Parties may exercise rights and remedies as unsecured creditors against the Company and any other Grantor in accordance with the terms of the Second Priority Junior Debt Documents and applicable law Law so long as such rights and remedies do not violate violate, or are not otherwise inconsistent with, any express provision of this Agreement. Nothing in this Agreement shall prohibit the receipt by any Second Priority Junior Representative or any Second Priority Junior Debt Party of the required payments of principal, premium, interest, fees fees, indemnities, expenses and other amounts due under the Second Priority Junior Debt Documents so long as such receipt is not the direct or indirect result of the exercise by a Second Priority Junior Representative or any Second Priority Junior Debt Party of rights or remedies as a secured creditor in respect of Shared the Collateral. In the event any Second Priority Junior Representative or any Second Priority Junior Debt Party becomes a judgment lien Lien creditor in respect of Shared the Collateral as a result of its enforcement of its rights as an unsecured creditor in respect of Second Priority Junior Debt Obligations, such judgment lien Lien shall be subordinated to the Liens securing Senior Obligations on the same basis as the other Liens securing the Second Priority Junior Debt Obligations are so subordinated to such Liens securing Senior Obligations under this Agreement. Nothing in this Agreement shall impair or otherwise adversely affect any rights or remedies the Senior Representatives Priority Representative or the Senior Secured Parties may have with respect to the Senior Collateral.

Rights as Unsecured Creditors. Notwithstanding anything to the contrary in this Agreement, the Second The Junior Priority Representatives and the Second Junior Priority Debt Secured Parties may exercise rights and remedies as unsecured creditors against the Company any Borrower and any other Grantor in accordance with the terms of the Second Junior Priority Debt Documents and applicable law Law so long as such rights and remedies do not violate violate, or are not otherwise inconsistent with, any express other provision of this Agreement. Nothing in this Agreement shall prohibit the receipt by any Second Junior Priority Representative or any Second Junior Priority Debt Secured Party of the required payments of principal, premium, interest, fees and other amounts due under the Second Junior Priority Debt Documents so long as such receipt is not the direct or indirect result of the exercise by a Second Junior Priority Representative or any Second Junior Priority Debt Secured Party of rights or remedies as a secured creditor in respect of Shared Collateral. In the event any Second Junior Priority Representative or any Second Junior Priority Debt Secured Party becomes a judgment lien Lien creditor in respect of Shared Collateral as a result of its enforcement of its rights as an unsecured creditor in respect of Second Junior Priority Debt Obligations, such judgment lien Lien shall be subordinated to the Liens securing Senior Obligations on the same basis as the other Liens securing the Second Junior Priority Debt Obligations are so subordinated to such Liens securing Senior Obligations under this Agreement. Nothing in this Agreement shall impair or otherwise adversely affect any rights or remedies the Senior Priority Representatives or the Senior Priority Secured Parties may have with respect to the Senior Priority Collateral.

Rights as Unsecured Creditors. Notwithstanding anything to the contrary in this Agreement, the Second Junior Priority Representatives and the Second Junior Priority Debt Parties may exercise rights and remedies as unsecured creditors against the Company Borrower and any other Grantor in accordance with the terms of the Second Junior Priority Debt Documents and applicable law so long as such rights and remedies do not violate any express provision of this Agreement. Nothing in this Agreement shall prohibit the receipt by any Second Junior Priority Representative or any Second Junior Priority Debt Party of the required payments of principal, premium, interest, fees and other amounts due under the Second Junior Priority Debt Documents so long as such receipt is not the direct or indirect result of the exercise by a Second Junior Priority Representative or any Second Junior Priority Debt Party of rights or remedies as a secured creditor in respect of Shared Collateral. In the event any Second Junior Priority Representative or any Second Junior Priority Debt Party becomes a judgment lien creditor in respect of Shared Collateral as a result of its enforcement of its rights as an unsecured creditor in respect of Second Junior Priority Debt Obligations, such judgment lien shall be subordinated to the Liens securing Senior Obligations on the same basis as the other Liens securing the Second Junior Priority Debt Obligations are so subordinated to such Liens securing Senior Obligations under this Agreement. Nothing in this Agreement shall impair or otherwise adversely affect any rights or remedies the Senior Representatives or the Senior Secured Parties may have with respect to the Senior Collateral.