Common use of Intercreditor Agreement Governs Clause in Contracts

Intercreditor Agreement Governs. (a) Notwithstanding anything herein to the contrary, (i) the priority of the liens and security interests granted to the Collateral Agent pursuant to this Agreement are expressly subject to the Intercreditor Agreement and (ii) the exercise of any right or remedy by the Collateral Agent hereunder is subject to the limitations and provisions of the Intercreditor Agreement. In the event of any conflict between the terms of the Intercreditor Agreement and the terms of this Agreement regarding the priority of the liens and the security interests granted to the Collateral Agent or exercise of any rights or remedies by the Collateral Agent, the terms of the Intercreditor Agreement shall govern.

Appears in 5 contracts

Samples: Security Agreement (Ugi Corp /Pa/), Security Agreement (Fuller H B Co), Pledge and Security Agreement (CF Industries Holdings, Inc.)

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Intercreditor Agreement Governs. (a) Notwithstanding anything herein to the contrary, (i) the priority of the liens and security interests granted to the Collateral Administrative Agent pursuant to this Agreement are expressly subject to the Intercreditor Agreement and (ii) the exercise of any right or remedy by the Collateral Administrative Agent hereunder is subject to the limitations and provisions of the Intercreditor Agreement. In the event of any conflict between the terms of the Intercreditor Agreement and the terms of this Agreement regarding the priority of the liens and the security interests granted to the Collateral Administrative Agent or exercise of any rights or remedies by the Collateral Administrative Agent, the terms of the Intercreditor Agreement shall govern.

Appears in 4 contracts

Samples: Pledge and Security Agreement (CF Industries Holdings, Inc.), Intercreditor Agreement (CF Industries Holdings, Inc.), Revolving Credit Agreement (CF Industries Holdings, Inc.)

Intercreditor Agreement Governs. (a) Notwithstanding anything herein to the contrary, (i) the priority of the liens and security interests granted to the Collateral Administrative Agent pursuant to this Agreement are expressly subject to the Intercreditor Agreement and (ii) the exercise of any right or remedy by the Collateral Administrative Agent hereunder is subject to the limitations and provisions of the Intercreditor Agreement. In the event of any conflict between the terms of the Intercreditor Agreement and the terms of this Agreement regarding the priority of the liens and the security interests granted to the Collateral Administrative Agent or exercise of any rights or remedies by the Collateral AgentAdministrative Agent and the terms of this Agreement, the terms of the Intercreditor Agreement shall govern.

Appears in 2 contracts

Samples: Intercreditor Agreement (CF Industries Holdings, Inc.), Pledge and Security Agreement (CF Industries Holdings, Inc.)

Intercreditor Agreement Governs. (a) Notwithstanding anything herein to the contrary, (ia) the priority of the liens and security interests granted to the Collateral Agent pursuant to this Agreement are expressly subject to the Intercreditor Agreement and (iib) the exercise of any right or remedy by the Collateral Agent hereunder is subject to the limitations and provisions of the Intercreditor Agreement. In the event of any conflict between the terms of the Intercreditor Agreement and the terms of this Agreement regarding the priority of the liens and the security interests granted to the Collateral Agent or exercise of any rights or remedies by the Collateral Agent, the terms of the Intercreditor Agreement shall govern.

Appears in 1 contract

Samples: Credit Agreement (Communications Sales & Leasing, Inc.)

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Intercreditor Agreement Governs. (a) Notwithstanding anything herein to the contrary, (i) the priority of the liens and security interests granted to the Collateral Agent pursuant to this Agreement are expressly subject to the Intercreditor Agreement and (iii) the exercise of any right or remedy by the Collateral Agent hereunder is subject to the limitations and provisions of the Intercreditor Agreement. In the event of any conflict between the terms of the Intercreditor Agreement and the terms of this Agreement regarding the priority of the liens and the security interests granted to the Collateral Agent or exercise of any rights or remedies by the Collateral Agent, the terms of the Intercreditor Agreement shall govern.

Appears in 1 contract

Samples: Security Agreement (Ugi Corp /Pa/)

Intercreditor Agreement Governs. (a) Notwithstanding anything herein to the contrary, (i) the priority of the liens and security interests granted to the Collateral Agent pursuant to this Agreement are expressly subject to the Intercreditor Agreement Agreements (if any) and (ii) the exercise of any right or remedy by the Collateral Agent hereunder is subject to the limitations and provisions of the any Intercreditor AgreementAgreements (if any). In the event of any conflict between the terms of the Intercreditor Agreement and the terms of this Agreement regarding the priority of the liens and the security interests granted to the Collateral Agent or exercise of any rights or remedies by the Collateral Agent, the terms of the applicable Intercreditor Agreement shall govern.

Appears in 1 contract

Samples: Credit Agreement (Ugi Corp /Pa/)

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