Judgment Liens. In the event that any Subordinated Claimholder becomes a judgment Lien creditor in respect of Collateral as a result of its enforcement of its rights as an unsecured creditor, to the extent permitted herein, with respect to the Subordinated Obligations, such judgment Lien shall be subject to the terms of this Agreement for all purposes (including in relation to the Senior Obligations) as the other Liens securing the Subordinated Obligations are subject to this Agreement.
Appears in 5 contracts
Samples: Subordination and Intercreditor Agreement (Nuverra Environmental Solutions, Inc.), Intercreditor and Subordination Agreement (Layne Christensen Co), Intercreditor and Subordination Agreement (Global Telecom & Technology, Inc.)
