Common use of Actions Upon Breach Clause in Contracts

Actions Upon Breach. (a) With respect to each Type of Common Collateral, if any Second Priority Secured Party or Third Priority Secured Party commences or participates in any action or proceeding against any Grantor in respect of such Common Collateral contrary to this Agreement, such Grantor, with the prior written consent of the First Priority Representative, may interpose as a defense or dilatory plea the making of this Agreement, and any First Priority Secured Party may intervene and interpose such defense or plea in its or their name or in the name of such Grantor.

Actions Upon Breach. (a) With respect to each Type of Common Collateral, if If any Second Priority Secured Party or Third Priority Secured Party Party, contrary to this Agreement, commences or participates in any action or proceeding against any Grantor in respect of such or the Common Collateral contrary to this AgreementCollateral, such Grantor, with the prior written consent of the First Priority Secured Representative, may interpose as a defense or dilatory plea the making of this Agreement, and any First Priority Secured Party may intervene and interpose such defense or plea in its or their name or in the name of such Grantor.

Actions Upon Breach. (a) With respect to each Type of Common Collateral, if If any Second Priority Secured Party Party, contrary to this Agreement, commences, participates or Third Priority Secured Party commences supports any Person commencing or participates participating in any action or proceeding against or with respect to any Grantor in respect of such Common Collateral contrary to this Agreementor the Shared Collateral, such Grantor, with the prior written consent of the First Priority RepresentativeSenior Collateral Agent, may interpose as a defense or dilatory plea the making of this Agreement, and any First Priority Senior Secured Party may intervene and interpose such defense or plea in its or their name or in the name of such Grantor.

Actions Upon Breach. (a) With respect to each Type of Common Collateral, if any Second Priority Secured Party or Third Priority Secured Party commences or participates in any action or proceeding against any Grantor in respect of such Common Collateral contrary to this Agreement, such Grantor, with the prior written consent of the First Priority Representative, may interpose as a defense or dilatory plea the making of this Agreement, and any First Priority Secured Party may intervene and interpose such defense or plea in its or their name or in the name of such Grantor.