Subordination of Junior Liens. (a) The grant of the Revolving Facility Liens pursuant to the Revolving Facility Security Documents and the grant of the Shared Obligations Liens pursuant to the Shared Obligations Security Documents create separate and distinct Liens on the Collateral.
Appears in 2 contracts
Samples: Security Agreement (Houghton Mifflin Harcourt Co), Security Agreement (Houghton Mifflin Harcourt Co)
Subordination of Junior Liens. (a) The grant of the Revolving Facility Liens pursuant to the Revolving Facility Security Documents and the grant of the Shared Obligations Term Loan Liens pursuant to the Shared Obligations Term Loan Security Documents create creates two separate and distinct Liens on the Collateral.
Appears in 2 contracts
Samples: Subordination and Intercreditor Agreement, Subordination and Intercreditor Agreement (Five Below, Inc)
Subordination of Junior Liens. (a) The grant of the Revolving Facility Liens pursuant to the Revolving Facility Security Documents and the grant of the Shared Obligations Term Facility Liens pursuant to the Shared Obligations Term Facility Security Documents create two separate and distinct Liens on the Collateral.
Appears in 1 contract
Samples: Intercreditor Agreement (HMH Holdings (Delaware), Inc.)
