Common use of Subject to First Lien Intercreditor Agreement Clause in Contracts

Subject to First Lien Intercreditor Agreement. Notwithstanding anything herein to the contrary, from and after the execution and delivery of the First Lien Intercreditor Agreement, (i) the liens and security interests granted to the Agent pursuant to this Agreement will be subject to such First Lien Intercreditor Agreement and (ii) the exercise of any right or remedy by the Agent hereunder will be subject to the limitations and provisions of such First Lien Intercreditor Agreement. In the event of any conflict between the terms of such First Lien Intercreditor Agreement and the terms of this Agreement, the terms of such First Lien Intercreditor Agreement shall govern.

Appears in 2 contracts

Samples: Collateral Agreement (EVERTEC, Inc.), Collateral Agreement (EVERTEC, Inc.)

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Subject to First Lien Intercreditor Agreement. Notwithstanding anything herein to the contrary, from and after the execution and delivery of the First Lien Intercreditor Agreement, (i) the liens and security interests granted herein to the Agent Mortgagee pursuant to this Agreement will be Mortgage are expressly subject to such the First Lien Intercreditor Agreement and (ii) the exercise of any right or remedy by the Agent Mortgagee hereunder will be is subject to the limitations and provisions of such the First Lien Intercreditor Agreement. In the event of any conflict between the terms of such the First Lien Intercreditor Agreement and the terms of this AgreementMortgage, the terms of such the First Lien Intercreditor Agreement shall govern.

Appears in 2 contracts

Samples: Credit Agreement (Vici Properties Inc.), First Lien Credit Agreement (CAESARS ENTERTAINMENT Corp)

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Subject to First Lien Intercreditor Agreement. Notwithstanding anything herein to the contrary, from and after the execution and delivery of the First Lien Intercreditor Agreement, (i) the liens and security interests granted to the Agent pursuant to this Agreement will be are expressly subject to such the First Lien Intercreditor Agreement and (ii) the exercise of any right or remedy by the Agent hereunder will be is subject to the limitations and provisions of such the First Lien Intercreditor Agreement. In the event of any conflict between the terms of such the First Lien Intercreditor Agreement and the terms of this Agreement, the terms of such the First Lien Intercreditor Agreement shall govern.

Appears in 2 contracts

Samples: Collateral Agreement (Vici Properties Inc.), Collateral Agreement (CAESARS ENTERTAINMENT Corp)

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