Common use of Noteholder Intercreditor Agreement Clause in Contracts

Noteholder Intercreditor Agreement. The Noteholder Intercreditor Agreement is attempted to be revoked by any holder of the 2002 Junior Secured Fund Notes or any collateral agent thereof or is otherwise asserted to be invalid or unenforceable by the Company or any holder of the 2002 Junior Secured Fund Notes or any collateral agent thereof, or any such party asserts the invalidity or unenforceability of the Debt in connection with its rights under the Noteholder Intercreditor Agreement. 3.21 Amendment to Section 10.3. Section 10.3 is amended to add the following sentence at the end thereof to read as follows: No amendment, modification, action, notice or waiver of any provision of the Noteholder Intercreditor Agreement shall be taken by the Agent without the written consent of the Majority Banks.

Noteholder Intercreditor Agreement. The Noteholder Intercreditor Agreement is attempted to be revoked by any holder of the 2002 Junior Secured Fund Notes or any collateral agent thereof or is otherwise asserted to be invalid or unenforceable by the Company or any holder of the 2002 Junior Secured Fund Notes or any collateral agent thereof, or any such party asserts the invalidity or unenforceability of the Debt in connection with its rights under the Noteholder Intercreditor Agreement. 3.21 3.20 Amendment to Section 10.3. Section 10.3 is amended to add the following sentence at the end thereof to read as follows: No amendment, modification, action, notice or waiver of any provision of the Noteholder Intercreditor Agreement shall be taken by the Agent without the written consent of the Majority Banks.