Judgment Creditors. In the event that any Second Lien Secured Party becomes a judgment lien creditor in respect of Collateral as a result of its enforcement of its rights as an unsecured creditor, such judgment lien shall be subject to the terms of this Agreement for all purposes (including in relation to the First Lien Obligations) as the other Liens securing the Second Lien Obligations (created pursuant to the Second Lien Collateral Documents) subject to this Agreement.
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Samples: Intercreditor Agreement (Triple Crown Media, Inc.), Intercreditor Agreement (Eastman Kodak Co), Intercreditor Agreement (Open Solutions Inc)
Judgment Creditors. In the event that any Second Lien Secured Party becomes a judgment lien creditor in respect of Collateral as a result of its enforcement of its rights as an unsecured creditorcreditor with respect to the Second Lien Obligations, such judgment lien Lien shall be subject to the terms of this Agreement for all purposes (including in relation to the First Priority Liens and the First Lien Obligations and the Second Priority Liens and the Second Lien Obligations, as applicable) to the same extent as the all other Liens securing the Second Lien Obligations (created pursuant are subject to the Second Lien Collateral Documents) subject to terms of this Agreement.
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Samples: Intercreditor Agreement (Penn Virginia Corp), Intercreditor Agreement (U.S. Well Services, Inc.)
Judgment Creditors. In the event that any Second Lien Secured Party becomes a judgment lien Lien creditor in respect of Common Collateral as a result of its enforcement of its rights as an unsecured creditor, such judgment lien Lien shall be subject to the terms of this Agreement for all purposes (including in relation to the First Liens and the First Lien Obligations) to the same extent as the all other Liens Liens, securing the Second Lien Obligations (created pursuant to the Second Lien Collateral Security Documents) subject to this Agreement.
Appears in 2 contracts
Samples: Intercreditor Agreement (Quest Resource Corp), Intercreditor Agreement (Quest Energy Partners, L.P.)
Judgment Creditors. In the event that any Second Lien Secured Party becomes a judgment lien Lien creditor in respect of Collateral as a result of its enforcement of its rights as an unsecured creditor, such judgment lien Lien shall be subject to the terms of this Agreement for all purposes (including in relation to the First Priority Liens and the First Lien Obligations) to the same extent as the all other Liens securing the Second Lien Obligations (created pursuant are subject to the Second Lien Collateral Documents) subject to terms of this Agreement.
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Judgment Creditors. In the event that any Second Lien Secured Party becomes a judgment lien creditor in respect of Collateral as a result of its enforcement of its rights as an unsecured creditor, such judgment lien shall be subject to the terms of this Agreement for all purposes (including in relation to the First Priority Liens and the First Lien Obligations) as the other Liens securing the Second Lien Obligations (created in favor of the Collateral Agent pursuant to the Second Lien Collateral Documents) Documents are subject to this Agreement.
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Judgment Creditors. In the event that any Second Lien Second-Priority Secured Party becomes a judgment lien creditor in respect of Collateral as a result of its enforcement of its rights as an unsecured creditor, such judgment lien shall be subject to the terms of this Agreement for all purposes (including in relation to the First Lien First-Priority Liens and the First-Priority Obligations) to the same extent as the all other Liens securing the Second Lien Second-Priority Obligations (created pursuant are subject to the Second Lien Collateral Documents) subject to terms of this Agreement.
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Judgment Creditors. In the event that any Second Lien Secured Party becomes a judgment lien creditor in respect of Collateral as a result of its enforcement of its rights as an unsecured creditor, such judgment lien Lien shall be subject to the terms of this Agreement for all purposes (including in relation to the First Priority Liens and the First Lien Secured Obligations) to the same extent as the all other Liens securing the Second Lien Secured Obligations (created pursuant are subject to the Second Lien Collateral Documents) subject to terms of this Agreement.
Appears in 1 contract
Samples: Intercreditor Agreement (Silverbow Resources, Inc.)
Judgment Creditors. (a) In the event that any Second Lien Secured Party becomes a judgment lien creditor in respect of Collateral as a result of its enforcement of its rights as an unsecured creditor, such judgment lien shall be subject to the terms of this Agreement for all purposes (including in relation to the First Priority Liens and the First Lien Obligations) to the same extent as the all other Liens securing the Second Lien Obligations (created pursuant are subject to the Second Lien Collateral Documents) subject to terms of this Agreement.
Appears in 1 contract
Samples: Intercreditor and Subordination Agreement (USA Synthetic Fuel Corp)
