Common use of Conflicts with Indenture Clause in Contracts

Conflicts with Indenture. Notwithstanding any other provision of this Security Agreement, the terms and provisions of this Security Agreement shall be subject and subordinate to the terms of the Indenture. To the extent that the Indenture provides Debtor with a particular cure or notice period, or establishes any limitations or conditions on Secured Party's actions with regard to a particular set of facts, Debtor shall be entitled to the same cure periods and notice periods, and Secured Party shall be subject to the same limitations and conditions in place of the cure periods, notice periods, limitations and conditions provided for under the Indenture; provided, however, that such cure periods, notice periods, limitations and conditions shall not be cumulative as between the Indenture and this Security Agreement. In the event of any conflict or inconsistency between the provisions of this Security Agreement and those of the Indenture, including without limitation, any conflicts or inconsistencies in any definitions herein or therein, the provisions or definitions of the Indenture shall govern.

Appears in 2 contracts

Samples: Security Agreement (Casino Magic of Louisiana Corp), Security Agreement (Casino Magic of Louisiana Corp)

AutoNDA by SimpleDocs

Conflicts with Indenture. Notwithstanding any other provision of this Security AgreementAssignment, the terms and provisions of this Security Agreement Assignment shall be subject and subordinate to the terms of the Indenture. To the extent that the Indenture provides Debtor the Company with a particular cure or notice period, or establishes any limitations or conditions on Secured PartyTrustee's actions with regard to a particular set of facts, Debtor the Company shall be entitled to the same cure periods and notice periods, and Secured Party Trustee shall be subject to the same limitations and conditions in place of the cure periods, notice periods, limitations and conditions provided for under the Indenture; provided, however, that such cure periods, notice periods, limitations and conditions shall not be cumulative as between the Indenture and this Security AgreementAssignment. In the event of any conflict or inconsistency between the provisions of this Security Agreement Assignment and those of the Indenture, including without limitation, any conflicts or inconsistencies in any definitions herein or therein, the provisions or definitions of the Indenture shall govern.

Appears in 2 contracts

Samples: Collateral Assignment (Casino Magic of Louisiana Corp), HCS Ii Inc

Conflicts with Indenture. Notwithstanding any other provision of this Security AgreementAssignment, the terms and provisions of this Security Agreement Assignment shall be subject and subordinate to the terms of the Indenture. To the extent that the Indenture provides Debtor the Company with a particular cure or notice period, or establishes any limitations or conditions on Secured Partythe Trustee's actions with regard to a particular set of facts, Debtor the Company shall be entitled to the same cure periods and notice periods, and Secured Party the Trustee shall be subject to the same limitations and conditions in place of the cure periods, notice periods, limitations and conditions provided for under the Indenture; provided, however, that such cure periods, notice periods, limitations and conditions shall not be cumulative as between the Indenture and this Security AgreementAssignment. In the event of any conflict or inconsistency between the provisions of this Security Agreement Assignment and those of the Indenture, including without limitation, limitation any conflicts or inconsistencies in any definitions herein or therein, the applicable provisions or definitions of the Indenture shall govern.

Appears in 1 contract

Samples: Collateral Assignment (Riviera Black Hawk Inc)

AutoNDA by SimpleDocs

Conflicts with Indenture. Notwithstanding any other provision of this Security Agreement------------------------ Assignment, the terms and provisions of this Security Agreement Assignment shall be subject and subordinate to the terms of the Indenture. To the extent that the Indenture provides Debtor the Issuers with a particular cure or notice period, or establishes any limitations or conditions on Secured PartyTrustee's actions with regard to a particular set of facts, Debtor the Issuers shall be entitled to the same cure periods and notice periods, and Secured Party Trustee shall be subject to the same limitations and conditions in place of the cure periods, notice periods, limitations and conditions provided for under the Indenture; provided, however, -------- ------- that such cure periods, notice periods, limitations and conditions shall not be cumulative as between the Indenture and this Security AgreementAssignment. In the event of any conflict or inconsistency between the provisions of this Security Agreement Assignment and those of the Indenture, including without limitation, any conflicts or inconsistencies in any definitions herein or therein, the provisions or definitions of the Indenture shall govern. Capitalized terms used herein and not otherwise defined shall have the same meaning as in the Indenture.

Appears in 1 contract

Samples: Isle of Capri Black Hawk Capital Corp

Time is Money Join Law Insider Premium to draft better contracts faster.