Subordination of Junior Liens. (a) The grant of the ABL Liens pursuant to the ABL Security Documents and each grant of the Pari Term Loan Debt Liens pursuant to the Pari Term Loan Debt Security Documents create separate and distinct Liens on the Collateral.
Appears in 2 contracts
Samples: Security Agreement (Nexeo Solutions Finance Corp), Abl Intercreditor Agreement (Nexeo Solutions Finance Corp)
Subordination of Junior Liens. (a) The parties hereto hereby agree that the grant of the ABL Liens pursuant to the ABL Security Documents and each grant of the Pari Term Loan Debt Liens pursuant to the Pari Term Loan Debt Security Documents create separate and distinct Liens on the Collateral.
Appears in 1 contract
Samples: Trademark Security Agreement (Installed Building Products, Inc.)
Subordination of Junior Liens. (a) The grant of the ABL Liens pursuant to the ABL Security Documents and each grant of the Pari Term Loan CF Debt Liens pursuant to the Pari Term Loan CF Debt Security Documents of any Series create separate and distinct Liens on the Collateral.
Appears in 1 contract
Samples: Abl Intercreditor Agreement (Academy Sports & Outdoors, Inc.)
Subordination of Junior Liens. (a) The grant of the ABL Liens pursuant to the ABL Security Documents and each grant of the Pari Term Loan Fixed Assets Debt Liens pursuant to the Pari Term Loan Fixed Assets Debt Security Documents create separate and distinct Liens on the Collateral.
Appears in 1 contract
Samples: Security Agreement (Clear Channel Outdoor Holdings, Inc.)
