Common use of Terms of Security Documents Clause in Contracts

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/)

AutoNDA by SimpleDocs

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)

AutoNDA by SimpleDocs

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/)

Draft better contracts in just 5 minutes Get the weekly Law Insider newsletter packed with expert videos, webinars, ebooks, and more!