Common use of First Lien Collateral Agent Clause in Contracts

First Lien Collateral Agent. It is understood and agreed that the First Lien Collateral Agent is entering into this Agreement in its capacity as First Lien Collateral Agent under the First Lien Intercreditor Agreement, and the provisions of Article VI of the First Lien Intercreditor Agreement applicable to it as collateral agent thereunder shall also apply to it as First Lien Collateral Agent hereunder.

Appears in 2 contracts

Sources: Credit Agreement (SemGroup Corp), Continuing Covenant Agreement (SemGroup Corp)