Common use of Common Collateral Clause in Contracts

Common Collateral. Notwithstanding the foregoing, if any assets are granted to secure the Revolving Obligations or the Existing Term Loan Obligations, the Borrower shall promptly grant to the Collateral Agent for the benefit of the Secured Parties a first priority Lien on such assets as security for the Obligations.

Common Collateral. Notwithstanding the foregoing, if any assets are granted to secure the Revolving Obligations or the Existing Term Loan Obligations, the Borrower shall promptly grant to the Collateral Agent for the benefit of the Secured Parties a first priority Lien on such assets as security for the Obligations.

Common Collateral. Notwithstanding the foregoing, (a) if any assets are granted to secure the Revolving Obligations or that do not secure the Existing Term Loan Obligations, the Borrower shall promptly grant grant, or cause to be granted, to the Collateral Agent for the benefit of the Secured Parties a pari passu first priority Lien on such assets as security for the Obligations and (b) if any Person Guarantees the Revolving Obligations that does not Guarantee the Obligations, the Borrower shall promptly cause such Person to Guarantee the Obligations on the same terms.

Common Collateral. Notwithstanding the foregoing, if any assets are granted to secure the Revolving Obligations or the Existing Term Loan Obligations, the Borrower shall promptly grant to the Collateral Agent for the benefit of the Secured Parties a first priority Lien on such assets as security for the Obligations.

Common Collateral. Notwithstanding the foregoing, if any assets are granted to secure the Revolving Obligations or the Existing Term Loan Obligations, the Borrower shall promptly grant to the Collateral Agent for the benefit of the Secured Parties a first priority Lien on such assets as security for the Obligations.