Terms of Security Documents. The following principles will be reflected in the terms of any Lien taken as part of this transaction: (a)the Lien will be first ranking, if commercially feasible;
Appears in 2 contracts
Samples: Credit and Guaranty Agreement (PVH Corp. /De/), Credit and Guaranty Agreement (PVH Corp. /De/)
Terms of Security Documents. The following principles will be reflected in the terms of any Lien taken granted as part of this transaction: :
(a)the a) the Lien will be first ranking, if commercially feasibleto the extent possible and subject always to the terms of the Intercreditor Agreement;
Appears in 1 contract
Samples: Indenture (Tronox Holdings PLC)
Terms of Security Documents. The following principles will be reflected in the terms of any Lien taken as part of this transaction: (a)the a) the Lien will be first ranking, if commercially feasible;
Appears in 1 contract
Samples: Credit and Guaranty Agreement (Phillips Van Heusen Corp /De/)