Common use of Accession Clause in Contracts

Accession. SECTION 2.01 The New Collateral Agent agrees to become, with immediate effect, a party to and agrees to be bound by the terms of, the Intercreditor Agreement as the LC Collateral Agent as if it had originally been party to the Intercreditor Agreement as an LC Collateral Agent.

Appears in 4 contracts

Samples: Intercreditor Agreement (Weatherford International PLC), Intercreditor Agreement (Weatherford International PLC), Intercreditor Agreement (Weatherford International PLC)

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Accession. SECTION 2.01 The New Collateral Agent agrees to become, with immediate effect, a party to and agrees to be bound by the terms of, the Intercreditor Agreement as the LC an ABL Facility Collateral Agent as if it had originally been party to the Intercreditor Agreement as an LC ABL Facility Collateral Agent.

Appears in 3 contracts

Samples: Abl Intercreditor Agreement (Momentive Specialty Chemicals Inc.), Intercreditor Agreement (CVR Partners, Lp), Abl Intercreditor Agreement (Hexion Inc.)

Accession. SECTION 2.01 The New Collateral Agent agrees to become, with immediate effect, a party to and agrees to be bound by the terms of, the Intercreditor Agreement as the LC ABL Collateral Agent as if it had originally been party to the Intercreditor Agreement as an LC ABL Collateral Agent.

Appears in 3 contracts

Samples: Intercreditor Agreement (Weatherford International PLC), Intercreditor Agreement (Weatherford International PLC), Intercreditor Agreement (Weatherford International PLC)

Accession. SECTION 2.01 The 5.01 [The][/Each] New Collateral Agent agrees to become, with immediate effect, a party to and agrees to be bound by the terms of, the Intercreditor Agreement as the LC an ABL Facility Collateral Agent as if it had originally been party to the Intercreditor Agreement as an LC ABL Facility Collateral Agent.

Appears in 2 contracts

Samples: Joinder Agreement (Verso Quinnesec REP Holding Inc.), Joinder Agreement (Verso Paper Corp.)

Accession. SECTION 2.01 The New Collateral Agent agrees to become, with immediate effect, a party to and agrees to be bound by the terms of, the Intercreditor Agreement as the LC Notes Collateral Agent as if it had originally been party to the Intercreditor Agreement as an LC a Notes Collateral Agent.

Appears in 2 contracts

Samples: Intercreditor Agreement (Weatherford International PLC), Joinder Agreement (Weatherford International PLC)

Accession. SECTION 2.01 The New Collateral Agent agrees to become, with immediate effect, a party to and agrees to be bound by the terms of, the Intercreditor Agreement as [the LC Collateral Agent ABL Facility Agent][an Additional ABL Agent] as if it had originally been party to the Intercreditor Agreement as an LC Collateral [the ABL Facility Agent][an Additional ABL Agent].

Appears in 1 contract

Samples: Joinder Agreement (Verso Corp)

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Accession. SECTION 2.01 The New Collateral Agent agrees to become, with immediate effect, a party to and agrees to be bound by the terms of, the Intercreditor Agreement as the LC [an] [ABL] [Cash Flow] Facility Collateral Agent as if it had originally been party to the Intercreditor Agreement as an LC [an] [ABL] [Cash Flow] Facility Collateral Agent.

Appears in 1 contract

Samples: Joinder Agreement (Momentive Performance Materials Inc.)

Accession. SECTION 2.01 The New Collateral Agent agrees to become, with immediate effect, a party to and agrees to be bound by the terms of, the Intercreditor Agreement as the LC [an] ABL Facility Collateral Agent as if it had originally been party to the Intercreditor Agreement as an LC ABL Facility Collateral Agent.

Appears in 1 contract

Samples: Abl Intercreditor Agreement (Momentive Performance Materials Inc.)

Accession. SECTION 2.01 The 2.01. [The][/Each] New Collateral Agent agrees to become, with immediate effect, a party to and agrees to be bound by the terms of, the Intercreditor Agreement as the LC an ABL Facility Collateral Agent as if it had originally been party to the Intercreditor Agreement as an LC ABL Facility Collateral Agent.

Appears in 1 contract

Samples: Joinder Agreement (Global Brass & Copper Holdings, Inc.)

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