Subordination of Junior Liens. (a) The grant of the ABL Liens pursuant to the ABL Security Documents and the grant of the Noteholder Liens pursuant to the Indenture Noteholder Security Documents and the Additional Noteholder Lien Security Documents create two separate and distinct Liens on the Collateral.
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Samples: Intercreditor Agreement (Dominion Textile (Usa), L.L.C.), Intercreditor Agreement (Am-Pac Tire Dist. Inc.)
Subordination of Junior Liens. (a) The grant of the ABL Liens pursuant to the ABL Security Documents and the grant of the Noteholder Priority Liens pursuant to the Indenture Noteholder Security Documents and the Additional Noteholder Priority Lien Security Documents and the grant of the Subordinated Liens pursuant to the Subordinated Lien Documents create two three separate and distinct Liens on the Collateral.
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Samples: Intercreditor Agreement (Stream Global Services, Inc.)
Subordination of Junior Liens. (a) The grant of the ABL Liens pursuant to the ABL Security Documents and Documents, the grant of the Noteholder Priority Liens pursuant to the Indenture Noteholder Security Documents and the Additional Noteholder Priority Lien Security Documents and the grant of the Subordinated Liens pursuant to the Subordinated Lien Documents create two three separate and distinct Liens on the Collateral.
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Subordination of Junior Liens. (a) The grant of the ABL Liens pursuant to the ABL Security Documents and the grant of the Noteholder Priority Liens pursuant to the Indenture Noteholder Security Documents and the Additional Noteholder Priority Lien Security Documents create two separate and distinct Liens on the Collateral.
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