Common use of Relative Priorities Clause in Contracts

Relative Priorities. Notwithstanding the date, time, method, manner or order of grant, attachment or perfection (if any) of any Liens securing the Senior Obligations or Junior Lien Obligations granted on the Junior Collateral and notwithstanding any provision of the UCC, or any other applicable Law or the Senior Loan Documents or the Junior Lien Documents, or whether any Senior Secured Party or Junior Secured Party holds possession of all or any part of the Junior Collateral, or any defect or deficiencies in, or failure to perfect, or avoidance as a fraudulent conveyance or otherwise of, the Liens securing the Senior Obligations or the Junior Lien Obligations or any other circumstance whatsoever, each Junior Secured Party agrees that (a) any Lien on the Junior Collateral securing any Senior Obligations now or hereafter held by or on behalf of any Senior Secured Party or any agent or trustee therefor, regardless of how acquired, whether by grant, possession, statute, operation of law, subrogation or otherwise, shall be senior in all respects and prior to any Lien on the Junior Collateral securing any Junior Lien Obligations, (b) any Lien on the Junior Collateral securing any Junior Lien Obligations now or hereafter held by any Junior Lender or Junior Lien Representative (or any other agent or trustee therefore) regardless of how acquired, whether by grant, possession, statute, operation of law, subrogation or otherwise, shall be (x) junior and subordinate in all respects to the rights and interests of the Senior Secured Parties and all Liens on the Junior Collateral securing any Senior Obligations, in each case as provided in this Agreement and (y) equal and ratable in all respects with the rights and interests of all other Junior Secured Parties.

Relative Priorities. Notwithstanding the date, time, method, manner or order of grant, attachment or perfection (if any) of any Liens securing the Senior Obligations or Junior Second Lien Obligations granted on the Junior Collateral or of any Liens securing the First Lien Obligations granted on the Collateral and notwithstanding any provision of the UCC, or any other applicable Law law or the Senior Second Lien Loan Documents or the Junior Lien Documents, or whether any Senior Secured Party or Junior Secured Party holds possession of all or any part of the Junior Collateral, or any defect or deficiencies in, or failure to perfect, or avoidance as a fraudulent conveyance or otherwise of, the Liens securing the Senior Obligations or the Junior Lien Obligations or any other circumstance whatsoever, each Junior the Second Lien Collateral Agent, on behalf of itself and the Second Lien Secured Party Parties, hereby agrees that that: (a) any Lien on the Junior Collateral securing any Senior First Lien Obligations now or hereafter held by or on behalf of the First Lien Collateral Agent or any Senior First Lien Secured Party Parties or any agent or trustee therefor, regardless of how acquired, whether by judgment, grant, possession, statute, operation of law, subrogation or otherwise, shall be senior in all respects and prior to any Lien on the Junior Collateral securing any Junior of the Second Lien Obligations, regardless of how acquired, whether by judgment, grant, possession, statute, operation of law, subrogation or otherwise; and (b) any Lien on the Junior Collateral securing any Junior Lien Obligations now or hereafter held by or on behalf of the Second Lien Collateral Agent, any Junior Lender or Junior Second Lien Representative (Secured Parties or any other agent or trustee therefore) therefor regardless of how acquired, whether by judgment, grant, possession, statute, operation of law, subrogation or otherwise, shall be (x) junior and subordinate in all respects to the rights and interests of the Senior Secured Parties and all Liens on the Junior Collateral securing any Senior First Lien Obligations, in each case as provided in this Agreement . All Liens on the Collateral securing any First Lien Obligations shall be and (y) equal and ratable remain senior in all respects with and prior to all Liens on the rights Collateral securing any Second Lien Obligations for all purposes, whether or not such Liens securing any First Lien Obligations are subordinated to any Lien securing any other obligation of the Borrowers, any other Loan Party or any other Person. The Second Lien Collateral Agent for itself and interests on behalf of the Second Lien Secured Parties expressly agrees that any Lien purported to be granted on any Collateral as security for the First Lien Obligations shall be and remain senior in all other Junior Secured Partiesrespects and prior to all Liens on the Collateral securing any Second Lien Obligations for all purposes regardless of whether the Lien purported to be granted is found to be improperly granted, improperly perfected, a fraudulent conveyance or legally or otherwise deficient in any manner.

Relative Priorities. a. Notwithstanding the date, time, method, manner or order of grant, attachment or perfection (if any) of any Liens securing the Senior Obligations or Junior Lien Obligations granted on the Junior Collateral securing Senior Indebtedness, on one hand, or any Lien on the Collateral securing Subordinated Indebtedness (including any Liens on assets or property prohibited by or in violation of the Credit Agreement), on the other hand, and notwithstanding any provision of the UCC, UCC or any other applicable Law law or the Senior Loan Documents or the Junior Lien Documents, or whether provisions of any Senior Secured Party or Junior Secured Party holds possession of all security document or any part of the Junior Collateral, or any defect or deficiencies in, or failure to perfect, or avoidance as a fraudulent conveyance or otherwise of, the Liens securing the Senior Obligations or the Junior Lien Obligations other Loan Document or any other circumstance whatsoever, and notwithstanding any failure of the Administrative Agent or the Senior Lenders to adequately perfect its or their Liens in the Collateral, the subordination of any Lien on the Collateral securing any Senior Indebtedness to any Lien securing any other obligation of any Credit Party, or the avoidance, invalidation or lapse of any Lien on the Collateral securing any Senior Indebtedness, each Junior Secured Subordinated Debt Party hereby agrees that that, so long as the Discharge of Senior Indebtedness has not occurred, (a) any such Lien on the Junior Collateral securing any Senior Obligations now or hereafter held by or on behalf for the benefit of any Senior Secured Party Lender which now or any agent or trustee therefor, regardless of how acquired, whether by grant, possession, statute, operation of law, subrogation or otherwise, hereafter secures Senior Indebtedness shall be senior in right, priority, operation, effect and all other respects and prior to any Lien on and all such Liens now or hereafter held by or for the Junior Collateral securing benefit of any Junior Lien ObligationsSubordinated Debt Party which now or hereafter secure Subordinated Indebtedness, (b) any such Lien on the Junior Collateral securing any Junior Lien Obligations now or hereafter held by or for the benefit of any Junior Lender or Junior Lien Representative (or any other agent or trustee therefore) regardless of how acquired, whether by grant, possession, statute, operation of law, subrogation or otherwise, Subordinated Debt Party shall be (x) junior and subordinate in right, priority, operation, effect and all other respects to any and all such Liens now or hereafter held by or for the rights benefit of any Senior Lender which now or hereafter secures Senior Indebtedness, and interests (c) any and all such Liens now or hereafter held by or for the benefit of any Senior Lender which now or hereafter secure Senior Indebtedness shall be and remain senior in right, priority, operation, effect and all other respects to any and all such Liens now or hereafter held by or for the benefit of any Subordinated Debt Party which now or hereafter secures Subordinated Indebtedness for all purposes, whether or not any such Liens are subordinated in any respect to any other Lien securing any other obligation of the Senior Secured Parties and all Liens on the Junior Collateral securing Obligor, any Senior Obligations, in each case as provided in this Agreement and (y) equal and ratable in all respects with the rights and interests of all other Junior Secured PartiesCredit Party or any other Person.

Relative Priorities. a. Notwithstanding the date, time, method, manner or order of grant, attachment or perfection (if any) of any Liens securing the Senior Obligations or Junior Lien Obligations granted on the Junior Collateral securing Senior Indebtedness, on one hand, or any Lien on the Collateral securing Subordinated Indebtedness (including any Liens on assets or property prohibited by or in violation of the Credit Agreement), on the other hand, and notwithstanding any provision of the UCC, UCC or any other applicable Law law or the Senior Loan Documents or the Junior Lien Documents, or whether provisions of any Senior Secured Party or Junior Secured Party holds possession of all security document or any part of the Junior Collateral, or any defect or deficiencies in, or failure to perfect, or avoidance as a fraudulent conveyance or otherwise of, the Liens securing the Senior Obligations or the Junior Lien Obligations other Loan Document or any other circumstance whatsoever, and notwithstanding any failure of the Administrative Agent or the Senior Lenders to adequately perfect its or their Liens in the Collateral, the subordination of any Lien on the Collateral securing any Senior Indebtedness to any Lien securing any other obligation of any Credit Party, or the avoidance, invalidation or lapse of any Lien on the Collateral securing any Senior Indebtedness, each Junior Secured Subordinated Debt Party hereby agrees that that, so long as the Discharge of Senior Indebtedness has not occurred, (a) any such Lien on the Junior Collateral securing any Senior Obligations now or hereafter held by or on behalf for the benefit of any Senior Secured Party Lender which now or any agent or trustee therefor, regardless of how acquired, whether by grant, possession, statute, operation of law, subrogation or otherwise, hereafter secures Senior Indebtedness shall be senior in right, priority, operation, effect and all other respects and prior to any Lien on and all such Liens now or hereafter held by or for the Junior Collateral securing benefit of any Junior Lien ObligationsSubordinated Debt Party which now or hereafter secure Subordinated Indebtedness, (b) any such Lien on the Junior Collateral securing any Junior Lien Obligations now or hereafter held by or for the benefit of any Junior Lender Subordinated Debt Party which now or Junior Lien Representative (or any other agent or trustee therefore) regardless of how acquired, whether by grant, possession, statute, operation of law, subrogation or otherwise, hereafter secures Subordinated Indebtedness shall be (x) junior and subordinate in right, priority, operation, effect and all other respects to any and all such Liens now or hereafter held by or for the rights benefit of any Senior Lender which now or hereafter secures Senior Indebtedness, and interests (c) any and all such Liens now or hereafter held by or for the benefit of any Senior Lender which now or hereafter secure Senior Indebtedness shall be and remain senior in right, priority, operation, effect and all other respects to any and all such Liens now or hereafter held by or for the benefit of any Subordinated Debt Party which now or hereafter secures Subordinated Indebtedness for all purposes, whether or not any such Liens are subordinated in any respect to any other Lien securing any other obligation of the Senior Secured Parties and all Liens on the Junior Collateral securing Obligor, any Senior Obligations, in each case as provided in this Agreement and (y) equal and ratable in all respects with the rights and interests of all other Junior Secured PartiesCredit Party or any other Person.

Relative Priorities. Notwithstanding Anything in this Agreement to the contrary notwithstanding, and notwithstanding the date, time, method, manner or order of grant, attachment or perfection (if any) of any Liens securing the Senior Obligations or Junior Second Lien Obligations granted on the Junior Collateral or of any Liens securing the First Lien Obligations granted on the Collateral, and notwithstanding any provision of the UCC, or any other applicable Law or law, the Senior First Lien Loan Documents or the Junior Second Lien Loan Documents, or whether any Senior Secured Party or Junior Secured Party holds possession of all or any part of the Junior Collateral, or any defect or deficiencies in, or failure to perfectperfect or lapse in perfection of, or avoidance as a fraudulent conveyance or otherwise of, the Liens securing the Senior Obligations or the Junior First Lien Obligations or any other circumstance whatsoever, each Junior of the First Lien Agent, for itself and on behalf of the other First Lien Secured Party Parties, and the Second Lien Agent, for itself and on behalf of the other Second Lien Secured Parties, hereby agrees that (a) any First Priority Lien on the Junior Collateral securing any Senior Obligations now or hereafter held by or for the benefit of any First Lien Secured Party, to the extent that the First Priority Liens secure the First Lien Obligations up to the Maximum First Lien Indebtedness Amount, shall be senior and prior in right to any and all Second Priority Liens; (b) any Second Priority Lien now or hereafter held by or for the benefit of any Second Lien Secured Party shall be junior and subordinate in right to any and all First Priority Liens to the extent that such First Priority Liens secure the First Lien Obligations up to the Maximum First Lien Indebtedness Amount; (c) any First Priority Lien now or hereafter held by or for the benefit of any First Lien Secured Party, to the extent that the First Priority Liens secure the Excess First Lien Loan Amount, shall be junior and subordinate to any and all Second Priority Liens, to the extent that such Liens secure the Second Lien Obligations up to the Maximum Second Lien Indebtedness Amount; (d) any Second Priority Lien now or hereafter held by or for the benefit of any Second Lien Secured Party, to the extent that the Second Priority Liens secure the Second Lien Obligations up to the Maximum Second Lien Indebtedness Amount, shall be senior and prior in right to any and all First Priority Liens, to the extent that such Liens secure the Excess First Lien Loan Amount; (e) any First Priority Lien now or hereafter held by or for the benefit of any First Lien Secured Party, to the extent that the First Priority Liens secure the Excess First Lien Loan Amount, shall be senior and prior in right to any and all Second Priority Liens, to the extent that such Liens secure the Second Lien Obligations in excess of the Maximum Second Lien Indebtedness Amount; and (f) any Second Priority Lien now or hereafter held by or for the benefit of any Second Lien Secured Party, to the extent that the Second Priority Liens secure the Second Lien Obligations in excess of the Maximum Second Lien Indebtedness Amount, shall be junior and subordinate in right to any and all First Priority Liens. All Liens on the Collateral securing any First Lien Obligations shall have the priority provided above in all respects and prior to all Liens on the Collateral securing any Second Lien Obligations to the extent provided above for all purposes, whether or not such Liens securing any First Lien Obligations are subordinated to any Lien securing any other obligation of the Borrower, any other Loan Party or any other Person. The Second Lien Agent for itself and on behalf of the Second Lien Secured Parties expressly agrees that any Senior Secured Party or Lien purported to be granted on any agent or trustee therefor, regardless of how acquired, whether by grant, possession, statute, operation of law, subrogation or otherwise, Collateral as security for the First Lien Obligations shall be and remain senior in all respects and prior to any Lien on the Junior Collateral securing any Junior Lien Obligations, (b) any Lien on the Junior Collateral securing any Junior Lien Obligations now or hereafter held by any Junior Lender or Junior Lien Representative (or any other agent or trustee therefore) regardless of how acquired, whether by grant, possession, statute, operation of law, subrogation or otherwise, shall be (x) junior and subordinate in all respects to the rights and interests of the Senior Secured Parties and all Liens on the Junior Collateral securing any Senior ObligationsSecond Lien Obligations to the extent provided above for all purposes regardless of whether the Lien purported to be granted is found to be improperly granted, improperly perfected, a fraudulent conveyance or legally or otherwise deficient in each case as provided in this Agreement and (y) equal and ratable in all respects with the rights and interests of all other Junior Secured Partiesany manner.

Relative Priorities. Notwithstanding the date, time, method, manner or order of grant, attachment or perfection (if any) of any Liens securing Lien granted to the Senior Obligations ABL Collateral Agent or Junior Lien Obligations granted the ABL Secured Parties on the Junior Collateral or of any Lien granted to the Term Loan Collateral Agent or the Term Loan Secured Parties on the Collateral and notwithstanding any provision of the UCC, or any other applicable Law laws or decision or the Senior ABL Loan Documents or the Junior Lien Documents, or whether any Senior Secured Party or Junior Secured Party holds possession of all or any part of the Junior Collateral, or any defect or deficiencies in, or failure to perfect, or avoidance as a fraudulent conveyance or otherwise of, the Liens securing the Senior Obligations or the Junior Lien Obligations Term Loan Documents or any other circumstance whatsoeverwhatsoever (including, without limitation, any non-perfection of any Lien securing or purporting to secure the ABL Obligations or the Term Loan Obligations), each Junior Obligations Secured Party (by its acceptance of the benefits of the Junior Documents) agrees that that: (a) any Senior Lien on the Junior Collateral securing any the Senior Obligations now or hereafter held by or on behalf for the benefit of any the Senior Obligations Secured Party or any agent or trustee thereforParties, regardless of how acquired, whether by grant, possession, statute, operation of law, subrogation or otherwise, shall be senior in all respects and prior to any Junior Lien on such Collateral securing the Junior Collateral securing any Junior Lien Obligations, ; and (b) any Junior Lien on the Junior Collateral securing any the Junior Lien Obligations now or hereafter held by any or for the benefit of the Junior Lender or Junior Lien Representative (or any other agent or trustee therefore) Obligations Secured Parties, regardless of how acquired, whether by grant, possession, statute, operation of law, subrogation or otherwise, shall be (x) junior and subordinate in all respects to the rights and interests of all Senior Liens on such Collateral securing the Senior Secured Parties and all Liens on the Junior Collateral securing any Senior Obligations, in each case as provided in this Agreement and (y) equal and ratable in all respects with the rights and interests of all other Junior Secured Parties.

Relative Priorities. Notwithstanding the date, time, method, manner or order of grant, attachment or perfection (if any) of any Liens securing the Senior Obligations or Junior Second Lien Obligations granted on the Junior Collateral or of any Liens securing the First Lien Obligations granted on the Collateral and notwithstanding any provision of the UCC, or any other applicable Law law or the Senior Loan Second Lien Credit Documents or the Junior Lien Documents, or whether any Senior Secured Party or Junior Secured Party holds possession of all or any part of the Junior Collateral, or any defect or deficiencies in, or failure to perfect, or avoidance as a fraudulent conveyance or otherwise of, the Liens securing the Senior Obligations or the Junior Lien Obligations or any other circumstance whatsoever, each Junior Secured Party the Second Lien Collateral Agent, on behalf of itself and the Second Lien Claimholders, hereby agrees that that: (a) any Lien on the Junior Collateral securing any Senior First Lien Obligations now or hereafter held by or on behalf of the First Lien Collateral Agent or any Senior Secured Party First Lien Claimholders or any agent or trustee therefor, regardless of how acquired, whether by grant, possession, statute, operation of law, subrogation or otherwise, shall be senior in all respects and prior to any Lien on the Junior Collateral securing any Junior of the Second Lien Obligations, ; and (b) any Lien on the Junior Collateral securing any Junior Lien Obligations now or hereafter held by or on behalf of the Second Lien Collateral Agent, any Junior Lender or Junior Second Lien Representative (Claimholders or any other agent or trustee therefore) therefor regardless of how acquired, whether by grant, possession, statute, operation of law, subrogation or otherwise, shall be (x) junior and subordinate in all respects to the rights and interests of the Senior Secured Parties and all Liens on the Junior Collateral securing any Senior First Lien Obligations, in each case as provided in this Agreement . All Liens on the Collateral securing any First Lien Obligations shall be and (y) equal and ratable remain senior in all respects with and prior to all Liens on the rights and interests Collateral securing any Second Lien Obligations for all purposes, whether or not such Liens securing any First Lien Obligations are subordinated (subject to Section 5.3(b)) to any Lien securing any other obligation of all the Company, any other Junior Secured PartiesGrantor or any other Person.

Relative Priorities. Notwithstanding the date, time, method, manner manner, or order of grant, attachment attachment, or perfection (if any) of any Liens in the Collateral securing the Senior Obligations Loan Document Priority Debt or Junior of any Liens in the Collateral securing the Txxxxxx Debt – including, in each case, notwithstanding whether any such Lien Obligations is granted on (or secures Txxxxxx Debt or Loan Document Priority Debt relating to the Junior Collateral period) before or after the commencement of any Insolvency Proceeding – and notwithstanding any contrary provision of the UCC, UCC or any other applicable Law law or the Senior Loan Documents or the Junior Lien Documents, or whether any Senior Secured Party or Junior Secured Party holds possession of all or any part of the Junior Collateral, or any defect or deficiencies in, or failure to attach or perfect, or avoidance as a fraudulent conveyance or otherwise of, the Liens securing the Senior Obligations or the Junior Lien Obligations Txxxxxx Debt, or any other circumstance whatsoever, each Junior Secured Party agrees that Txxxxxx and Agent hereby agree that: (a) any Lien on with respect to the Junior Collateral securing any Senior Obligations Loan Document Priority Debt, whether such Lien is now or hereafter held by or on behalf of any Senior Secured Party of, or created for the benefit of, Txxxxxx or any agent or trustee therefor, regardless of how or when acquired, whether by grant, possession, statute, operation of law, subrogation subrogation, or otherwise, shall be senior in all respects and prior to any Lien on with respect to the Junior Collateral securing any Junior Lien Obligations, Txxxxxx Debt and any Excess Loan Document Debt; and (b) any Lien on with respect to the Junior Collateral securing any Junior Txxxxxx Debt, whether such Lien Obligations is now or hereafter held by any Junior Lender or Junior Lien Representative (on behalf of, or created for the benefit of, Agent or any other Loan Document Claimholder or any agent or trustee therefore) therefor, regardless of how or when acquired, whether by grant, possession, statute, operation of law, subrogation subrogation, or otherwise, shall be (x) junior and subordinate in all respects to any Lien with respect to the rights and interests of the Senior Secured Parties and all Liens on the Junior Collateral securing any Senior Obligations, in each case as provided in this Agreement Loan Document Priority Debt and (y) equal and ratable senior in all respects and prior to any Lien with respect to the rights and interests of all other Junior Secured PartiesCollateral securing any Excess Loan Document Debt.

Relative Priorities. Notwithstanding the date, time, method, manner or order of grant, attachment or perfection (if any) of any Liens securing the Senior Obligations or Junior Second Lien Obligations granted on the Junior Collateral or of any Liens securing the First Lien Obligations granted on the Collateral and notwithstanding any provision of the UCC, or any other applicable Law law or the Senior Loan Documents or the Junior Second Lien Documents, or whether any Senior Secured Party or Junior Secured Party holds possession of all or any part of the Junior Collateral, or any defect or deficiencies in, or failure to perfect, or avoidance as a fraudulent conveyance or otherwise of, the Liens securing the Senior Obligations or the Junior Lien Obligations or any other circumstance whatsoever, each Junior Secured Party including a circumstance that might be a defense available to, or a discharge of, a Grantor in respect of a First Lien Obligation or a Second Lien Obligation or a holder of such Obligation, the Second Lien Collateral Agent, on behalf of itself and the Second Lien Claimholders, hereby agrees that that: (a) any Lien on the Junior Collateral securing any Senior First Lien Obligations now or hereafter held by or on behalf of the First Lien Collateral Agent or any Senior Secured Party First Lien Claimholders or any agent or trustee therefor, regardless of how acquired, whether by grant, possession, statute, operation of law, subrogation or otherwise, shall be senior in all respects and prior to any Lien on the Junior Collateral securing any Junior of the Second Lien Obligations, ; and (b) any Lien on the Junior Collateral securing any Junior Lien Obligations now or hereafter held by or on behalf of the Second Lien Collateral Agent, any Junior Lender or Junior Second Lien Representative (Claimholders or any other agent or trustee therefore) therefor regardless of how acquired, whether by grant, possession, statute, operation of law, subrogation or otherwise, shall be (x) junior and subordinate in all respects to the rights and interests of the Senior Secured Parties and all Liens on the Junior Collateral securing any Senior First Lien Obligations and senior to any Obligations which would constitute Excess First Lien Obligations, in each case as provided in this Agreement and (y) equal and ratable in all respects with the rights and interests of all other Junior Secured Parties.

Relative Priorities. Notwithstanding the date, time, method, manner or order of grant, attachment or perfection (if any) of any Liens securing the Senior Obligations or Junior Lien Fixed Asset Obligations granted on the Junior Collateral or of any Liens securing the Revolving Credit Obligations granted on the Collateral and notwithstanding any provision of the any UCC, or any other applicable Law law or the Senior Revolving Credit Loan Documents or the Junior Lien Documents, or whether any Senior Secured Party or Junior Secured Party holds possession of all or any part of the Junior Collateral, Fixed Asset Documents or any defect or deficiencies in, or failure to perfect, or avoidance as a fraudulent conveyance or otherwise of, the Liens securing the Senior Revolving Credit Obligations or Fixed Asset Obligations, and whether or not such Liens securing, or purporting to secure, any Revolving Credit Obligations or Fixed Asset Obligations are subordinated to any Lien securing any other obligation of the Junior Lien Obligations Borrowers, or any other Grantor or any other Person or otherwise subordinated, voided, avoided, invalidated or lapsed, or any other circumstance whatsoever, the Revolving Credit Collateral Agent, on behalf of itself and/or the Revolving Credit Claimholders, and each Junior Secured Party Fixed Asset Collateral Agent, on behalf of itself and/or the applicable Fixed Asset Claimholders, hereby each agrees that (a) that: any Lien of the Revolving Credit Collateral Agent on the Junior Collateral securing any Senior Obligations ABL Collateral, whether now or hereafter held by or on behalf of the Revolving Credit Collateral Agent or any Senior Secured Party Revolving Credit Claimholders or any agent or trustee therefor, regardless of how acquired, whether by grant, possession, statute, operation of law, subrogation or otherwise, shall be senior in all respects and prior to all Liens on the ABL Collateral securing or purporting to secure any Fixed Asset Obligations; and any Lien of any Fixed Asset Collateral Agent on the Junior Collateral securing any Junior Lien ObligationsFixed Asset Collateral, (b) any Lien on the Junior Collateral securing any Junior Lien Obligations whether now or hereafter held by or on behalf of such Fixed Asset Collateral Agent, any Junior Lender or Junior Lien Representative (Fixed Asset Claimholder or any other agent or trustee therefore) therefor regardless of how acquired, whether by grant, possession, statute, operation of law, subrogation or otherwise, shall be (x) junior and subordinate senior in all respects to the rights and interests of the Senior Secured Parties and all Liens on the Junior Fixed Asset Collateral securing or purporting to secure any Senior Revolving Credit Obligations, in each case as provided in this Agreement and (y) equal and ratable in all respects with the rights and interests of all other Junior Secured Parties.

Relative Priorities. Notwithstanding the date, time, method, manner or order of grant, attachment or perfection (if any) of any Liens securing the Second Lien Obligations granted on the Collateral, or of any Liens securing the Senior Obligations or Junior Lien Obligations granted on the Junior Collateral and notwithstanding any provision of the UCC, UCC or any other applicable Law law or the Senior Loan provisions of the Second Lien Note Documents or any other circumstance whatsoever (including, without limitation, the Junior Lien Documentstime, order or whether method of grant, attachment, recording or perfection of any Senior Secured Party financing statements or Junior Secured Party holds possession of all other security interests, assignments, pledges, deeds, mortgages and other liens, charges or any part of the Junior Collateral, encumbrances or any defect or deficiencies indeficiency or alleged defect or deficiency in any of the foregoing, or failure the fact that any such Liens securing Senior Lien Obligations are at any time (x) subordinated to perfectany Lien securing any obligation of any Person or to any Indebtedness in favor of any Person or (y) otherwise subordinated, voided, avoided, invalidated or avoidance as a fraudulent conveyance or otherwise oflapsed), the Liens securing the Senior Obligations or the Junior Second Lien Obligations or any other circumstance whatsoever, each Junior Secured Party agrees that Claimholders hereby agree that: (a) any Lien on the Junior Collateral securing any Senior Lien Obligations now or hereafter held by or on behalf of the Senior Lien Collateral Agent or any Senior Secured Party Lien Claimholders or any agent or trustee therefor, regardless of how acquired, whether by grant, possession, statute, operation of law, subrogation or otherwise, shall be senior in all respects and prior to any Lien on the Junior Collateral securing any Junior Second Lien Obligations, ; and (b) any Lien on the Junior Collateral securing any Junior Lien Obligations now or hereafter held by or on behalf of any Junior Lender or Junior Second Lien Representative (Claimholder or any other agent or trustee therefore) therefor, regardless of how acquired, whether by grant, possession, statute, operation of law, subrogation or otherwise, shall be (x) junior and subordinate in all respects to the rights and interests of the Senior Secured Parties and all Liens on the Junior Collateral securing any Senior Lien Obligations. All Liens on the Collateral securing any Senior Lien Obligations shall be and remain senior in all respects and prior to all Liens on the Collateral securing any Second Lien Obligations for all purposes, regardless of the time, order or method of grant, attachment, recording or perfection of any financing statements or other security interests, assignments, pledges, deeds, mortgages and other liens, charges or encumbrances or any defect or deficiency or alleged defect or deficiency in each case as provided any of the foregoing, or the fact that any such Liens in this Agreement and favor of any Senior Lien Collateral Agent are (x) subordinated to any Lien securing any obligation of any Person or to any Indebtedness in favor of any Person or (y) equal and ratable in all respects with the rights and interests of all other Junior Secured Partiesotherwise subordinated, voided, avoided, invalidated or lapsed.

Relative Priorities. Notwithstanding the date, time, method, manner or order of grant, attachment or perfection (if any) of any Liens securing the Senior Obligations or Junior Second Lien Obligations granted on the Junior Collateral, or of any Liens securing the First Lien Obligations granted on the Collateral and notwithstanding any provision of the UCC, UCC or any other applicable Law law or the Senior provisions of any Loan Documents or the Junior Lien Documents, or whether any Senior Secured Party or Junior Secured Party holds possession of all Document (other than this Agreement) or any part of the Junior Collateral, or any defect or deficiencies in, or failure to perfect, or avoidance as a fraudulent conveyance or otherwise of, the Liens securing the Senior Obligations or the Junior Lien Obligations Collateral Document or any other circumstance whatsoever, each Junior the Second Lien Collateral Agent, on behalf of itself and the other Second Lien Secured Party Parties, hereby agrees that that: (a) any Lien on the Junior Collateral securing any Senior First Lien Obligations now or hereafter held by or on behalf of the First Lien Collateral Agent or any Senior other First Lien Secured Party or any agent or trustee therefor, regardless of how acquired, whether by grant, possession, statute, operation of law, subrogation or otherwise, shall be senior in all respects and prior to any Lien on the Junior Collateral securing any Junior Second Lien Obligations, ; and (b) any Lien on the Junior Collateral securing any Junior Lien Obligations now or hereafter held by or on behalf of the Second Lien Collateral Agent, any Junior Lender or Junior other Second Lien Representative (Secured Party or any other agent or trustee therefore) therefor, regardless of how acquired, whether by grant, possession, statute, operation of law, subrogation or otherwise, shall be (x) junior and subordinate in all respects to the rights and interests of the Senior Secured Parties and all Liens on the Junior Collateral securing any Senior First Lien Obligations, in each case as provided in this Agreement . All Liens on the Collateral securing any First Lien Obligations shall be and (y) equal and ratable remain senior in all respects with and prior to all Liens on the rights and interests Collateral securing any Second Lien Obligations for all purposes, whether or not such Liens securing any First Lien Obligations are subordinated to any Lien securing any other obligation of all the Borrower, any other Junior Secured PartiesGrantor or any other person.

Relative Priorities. Notwithstanding the date, time, method, manner manner, or order of grant, attachment attachment, or perfection (if any) of any Liens in the NGWI Equity Interests securing the Senior Obligations Xxxxxx Debt or Junior of any Liens in the NGWI Equity Interests securing the First Lien Obligations Debt – including, in each case, notwithstanding whether any such Lien is granted on (or secures First Lien Debt or Xxxxxx Debt relating to the Junior Collateral period) before or after the commencement of any Insolvency Proceeding – and notwithstanding any contrary provision of the UCC, UCC or any other applicable Law law or the Senior Loan Xxxxxx Documents or the Junior Lien Documents, or whether any Senior Secured Party or Junior Secured Party holds possession of all or any part of the Junior Collateral, or any defect or deficiencies in, or failure to attach or perfect, or avoidance as a fraudulent conveyance or otherwise of, the Liens securing the Senior Obligations or the Junior First Lien Obligations Debt, or any other circumstance whatsoever, each Junior Secured Party agrees that First Lien Agent and Xxxxxx hereby agree that: (a) any Lien on with respect to the Junior Collateral NGWI Equity Interests securing any Senior Obligations First Lien Debt, whether such Lien is now or hereafter held by or on behalf of of, or created for the benefit of, First Lien Agent or any Senior Secured Party other First Lien Claimholder or any agent or trustee therefor, regardless of how or when acquired, whether by grant, possession, statute, operation of law, subrogation subrogation, or otherwise, shall be senior in all respects and prior to any Lien on with respect to the Junior Collateral NGWI Equity Interests securing any Junior Lien Obligations, Xxxxxx Debt; and (b) any Lien on with respect to the Junior Collateral NGWI Equity Interests securing any Junior Xxxxxx Debt, whether such Lien Obligations is now or hereafter held by any Junior Lender or Junior Lien Representative (on behalf of, or created for the benefit of, Xxxxxx or any other agent or trustee therefore) therefor, regardless of how or when acquired, whether by grant, possession, statute, operation of law, subrogation subrogation, or otherwise, shall be (x) junior and subordinate in all respects to the rights and interests of the Senior Secured Parties and all Liens on with respect to the Junior Collateral NGWI Equity Interests securing any Senior Obligations, in each case as provided in this Agreement and (y) equal and ratable in all respects with the rights and interests of all other Junior Secured PartiesFirst Lien Debt.

Relative Priorities. (a) Notwithstanding the date, time, method, manner or order of grant, attachment or perfection (if any) of any Liens or the order or time of filing or recordation of any document or instrument for perfecting the Liens in each case securing the Term Obligations granted on the Revolver Primary Collateral or of any Liens securing the Senior Obligations or Junior Lien Revolving Obligations granted on the Junior Revolver Primary Collateral and notwithstanding any provision of the UCCCode, or any other applicable Law law or the Senior Loan Documents or the Junior Lien Documents, or whether any Senior Secured Party or Junior Secured Party holds possession of all or any part of the Junior Collateral, or any defect or deficiencies in, or failure to perfect, or avoidance as a fraudulent conveyance or otherwise of, the Liens securing the Senior Obligations or the Junior Lien Obligations or any other circumstance whatsoever, each Junior the Term Agent, on behalf of itself and the Term Secured Party Parties, hereby agrees that that: (ai) any Lien on the Junior Revolver Primary Collateral securing any Senior Revolving Obligations now or hereafter held by or on behalf of the Administrative Agent or any Senior Revolver Secured Party Parties or any agent or trustee therefor, regardless of how acquired, whether by grant, possession, statute, operation of law, subrogation or otherwise, shall be senior in all respects and prior to any Lien on the Junior Revolver Primary Collateral securing any Junior Lien of the Term Obligations, ; and (bii) any Lien on the Junior Revolver Primary Collateral securing any Junior Lien Obligations now or hereafter held by or on behalf of the Term Agent, any Junior Lender or Junior Lien Representative (Term Secured Parties or any other agent or trustee therefore) therefor regardless of how acquired, whether by grant, possession, statute, operation of law, subrogation or otherwise, shall be (x) junior and subordinate in all respects to the rights and interests of the Senior Secured Parties and all Liens on the Junior Revolver Primary Collateral securing any Senior Revolving Obligations, in each case as provided in this Agreement . All Liens on the Revolver Primary Collateral securing any Revolving Obligations shall be and (y) equal and ratable remain senior in all respects with and prior to all Liens on the rights and interests Revolver Primary Collateral securing any Term Obligations for all purposes, whether or not such Liens securing any Revolving Obligations are subordinated to any Lien securing any other obligation of all the Borrowers, any other Junior Secured PartiesGrantor or any other Person.

Relative Priorities. Notwithstanding the date, time, method, manner or order of grant, attachment or perfection (if any) of any Liens securing the Senior Obligations or Junior Second Lien Obligations granted on the Junior Collateral, or of any Liens securing the First Lien Obligations granted on the Collateral and notwithstanding any provision of the UCC, UCC or any other applicable Law law or the Senior Loan provisions of the Second Lien Credit Documents or any other circumstance whatsoever (including, without limitation, the Junior Lien Documentstime, order or whether method of grant, attachment, recording or perfection of any Senior Secured Party financing statements or Junior Secured Party holds possession of all other security interests, assignments, pledges, deeds, mortgages and other liens, charges or any part of the Junior Collateral, encumbrances or any defect or deficiencies indeficiency or alleged defect or deficiency in any of the foregoing, or failure the fact that any such Liens securing First Lien Obligations are at any time (x) subordinated to perfectany Lien securing any obligation of any Person or to any Indebtedness in favor of any Person or (y) otherwise subordinated, voided, avoided, invalidated or avoidance as a fraudulent conveyance or otherwise oflapsed), the Liens securing Second Lien Collateral Agent, for itself and on behalf of the Senior Obligations or the Junior Second Lien Obligations or any other circumstance whatsoeverClaimholders, each Junior Secured Party hereby agrees that that: (a) any Lien on the Junior Collateral securing any Senior First Lien Obligations now or hereafter held by or on behalf of the First Lien Collateral Agent or any Senior Secured Party First Lien Claimholders or any agent or trustee therefor, regardless of how acquired, whether by grant, possession, statute, operation of law, subrogation or otherwise, shall be senior in all respects and prior to any Lien on the Junior Collateral securing any Junior Second Lien Obligations, ; and (b) any Lien on the Junior Collateral securing any Junior Lien Obligations now or hereafter held by or on behalf of the Second Lien Collateral Agent, any Junior Lender or Junior Second Lien Representative (Claimholders or any other agent or trustee therefore) therefor, regardless of how acquired, whether by grant, possession, statute, operation of law, subrogation or otherwise, shall be (x) junior and subordinate in all respects to the rights and interests of the Senior Secured Parties and all Liens on the Junior Collateral securing any Senior First Lien Obligations. All Liens on the Collateral securing any First Lien Obligations shall be and remain senior in all respects and prior to all Liens on the Collateral securing any Second Lien Obligations for all purposes, regardless of the time, order or method of grant, attachment, recording or perfection of any financing statements or other security interests, assignments, pledges, deeds, mortgages and other liens, charges or encumbrances or any defect or deficiency or alleged defect or deficiency in each case as provided any of the foregoing, or the fact that any such Liens in this Agreement and favor of any First Lien Collateral Agent are (x) subordinated to any Lien securing any obligation of any Person or to any Indebtedness in favor of any Person or (y) equal and ratable in all respects with the rights and interests of all other Junior Secured Partiesotherwise subordinated, voided, avoided, invalidated or lapsed.

Relative Priorities. Notwithstanding the date, time, method, manner or order of grant, attachment or perfection (if any) of any Liens securing the Second Lien Obligations granted on the Collateral or of any Liens securing the Senior Obligations or Junior Lien Obligations Indebtedness granted on the Junior Collateral and notwithstanding any provision of the UCC, or any other applicable Law law or the Senior Loan Term Credit Documents or the Junior Lien Documents, or whether any Senior Secured Party or Junior Secured Party holds possession of all or any part of the Junior Collateral, or any defect or deficiencies in, or failure to perfect, or avoidance as a fraudulent conveyance or otherwise of, the Liens securing the Senior Obligations or the Junior Lien Obligations or any other circumstance whatsoever, each Junior Secured Party agrees that the Term Administrative Agent, on behalf of itself and the Term Claimholders, and the Senior Indebtedness Representative, on behalf of itself and the Senior Revolving Claimholders, hereby agree that: (a) any Lien on the Junior Collateral securing any Senior Obligations Indebtedness now or hereafter held by or on behalf of the Senior Indebtedness Representative, any Senior Secured Party Revolving Claimholders or any agent or trustee therefor, regardless of how acquired, whether by grant, possession, statute, operation of law, subrogation or otherwise, shall be senior in all respects and prior to any Lien on the Junior Collateral securing any Junior of the Second Lien Obligations, ; and (b) any Lien on the Junior Collateral securing any Junior Lien Obligations now or hereafter held by or on behalf of the Term Administrative Agent, any Junior Lender or Junior Lien Representative (Term Claimholders or any other agent or trustee therefore) therefor regardless of how acquired, whether by grant, possession, statute, operation of law, subrogation or otherwise, shall be (x) junior and subordinate in all respects to the rights and interests of the Senior Secured Parties and all Liens on the Junior Collateral securing any Senior ObligationsIndebtedness. All Liens on the Collateral securing any Senior Indebtedness shall, in each case as to the extent provided in this Agreement herein, be and (y) equal and ratable remain senior in all respects with and prior to all Liens on the rights Collateral securing any Second Lien Obligations for all purposes, whether or not such Liens securing any Senior Indebtedness are subordinated to any Lien securing any other obligations of the Borrower, any other Obligor or any other Person. The foregoing provisions of this Section 2.1 and interests the other provisions of all this Agreement shall not be interpreted or construed to suggest or imply any intent of any party or either the Senior Revolving Claimholders or the Term Claimholders to subordinate their Liens to any Liens other Junior Secured Partiesthan as set forth in Section 2.1.

Relative Priorities. Notwithstanding the date, time, method, manner or order of grant, attachment or perfection (if any) of any Liens securing Lien granted to the Senior Obligations First Lien Collateral Agent or Junior the First Lien Obligations granted Claimholders on the Junior Common Collateral or of any Lien granted to the Second Lien Collateral Agent or the Second Lien Claimholders on the Common Collateral and notwithstanding any provision of the UCC, or any other applicable Law Laws or decision or the Senior Loan Documents or MDS Notes, the Junior Lien DocumentsPurchase Agreement, or whether any Senior Secured Party or Junior Secured Party holds possession of all the MDS Security Agreement, the Laurus Security Agreement or any part of the Junior Collateral, or any defect or deficiencies in, or failure to perfect, or avoidance as a fraudulent conveyance or otherwise of, the Liens securing the Senior Obligations or the Junior Lien Obligations Ancillary Agreement or any other circumstance whatsoeverwhatsoever (including, without limitation, any non-perfection of any Lien securing or purporting to secure the First Lien Obligations or the Second Lien Obligations), the Second Lien Collateral Agent and each Junior Secured Party agrees that Second Lien Claimholder and the First Lien Collateral Agent and each First Lien Claimholder agree that: (a) any Lien on the Junior Common Collateral securing any Senior the First Lien Obligations now or hereafter held by or on behalf for the benefit of any Senior Secured Party or any agent or trustee thereforthe First Lien Claimholders, regardless of how acquired, whether by grant, possession, statute, operation of law, subrogation or otherwise, shall be senior in all respects and prior to any Lien on the Junior Common Collateral securing any Junior the Second Lien Obligations, ; (b) any Lien on the Junior Common Collateral securing any Junior the Second Lien Obligations now or hereafter held by any Junior Lender or Junior for the benefit of the Second Lien Representative (or any other agent or trustee therefore) Claimholders, regardless of how acquired, whether by grant, possession, statute, operation of law, subrogation or otherwise, shall be (x) junior and subordinate in all respects to the rights and interests of the Senior Secured Parties and all Liens on the Junior Common Collateral securing any Senior the First Lien Obligations, in each case as provided in this Agreement and (yc) equal and ratable any Lien on the Non-Common Collateral securing the Second Lien Obligations now or hereafter held by or for the benefit of the Second Lien Claimholders, regardless of how acquired, whether by grant, statute, operation of law, subrogation or otherwise, shall be senior in all respects with to all Liens, if any, on the rights Non-Common Collateral securing the First Lien Obligations. All Liens on the Common Collateral securing the First Lien Obligations shall be and interests remain senior to all Liens on the Common Collateral securing the Second Lien Obligations for all purposes, whether or not such Liens securing the First Lien Obligations are subordinated to any Lien securing any other obligation of the Borrower. All Liens on the Non-Common Collateral securing the Second Lien Obligations shall be and remain senior to all Liens, if any, on the Non-Common Collateral securing the First Lien Obligations for all purposes, whether or not such Liens securing the First Lien Obligations are subordinated to any Lien securing any other Junior Secured Partiesobligation of the Borrower.

Relative Priorities. Notwithstanding Irrespective of the date, time, method, manner or order of grant, attachment or perfection (if any) of any Liens securing the Senior Obligations or Junior First Lien Obligations granted on the Junior Collateral or of any Liens securing the ABL Obligations granted on the Collateral (including, in each case, irrespective of whether any such Lien is granted (or secures Obligations relating to the period) before or after the commencement of any Insolvency or Liquidation Proceeding) and notwithstanding any provision of the any UCC, or any other applicable Law law, or the Senior ABL Loan Documents or the Junior First Lien Documents, or whether any Senior Secured Party or Junior Secured Party holds possession of all or any part the ABL Agent, on behalf of the Junior Collateral, or any defect or deficiencies in, or failure to perfect, or avoidance as a fraudulent conveyance or otherwise ofABL Claimholders, the Liens Notes Agent, on behalf of the Note Claimholders, and any Additional First Lien Agent, on behalf of any Additional Note Claimholders, hereby agree that: any Lien of the ABL Agent on the ABL Priority Collateral securing the Senior Obligations or the Junior ABL Obligations, whether such Lien Obligations or any other circumstance whatsoever, each Junior Secured Party agrees that (a) any Lien on the Junior Collateral securing any Senior Obligations is now or hereafter held by or on behalf of any Senior Secured Party the ABL Agent or any other ABL Claimholder or any other agent or trustee therefor, regardless of how or when acquired, whether by grant, possession, statute, operation of law, subrogation or otherwise, shall be senior in all respects and prior to any Lien on the Junior ABL Priority Collateral securing any Junior First Lien Obligations; and any Lien of the First Lien Agents on the Notes Priority Collateral securing the First Lien Obligations, (b) any whether such Lien on the Junior Collateral securing any Junior Lien Obligations is now or hereafter held by or on behalf of the First Lien Agents, any Junior Lender or Junior other First Lien Representative (Claimholder or any other agent or trustee therefore) therefor, regardless of how or when acquired, whether by grant, possession, statute, operation of law, subrogation or otherwise, shall be (x) junior and subordinate senior in all respects to the rights and interests of the Senior Secured Parties and all Liens on the Junior Notes Priority Collateral securing any Senior ABL Obligations, in each case as provided in this Agreement and (y) equal and ratable in all respects with the rights and interests of all other Junior Secured Parties.

Relative Priorities. Notwithstanding (i) the date, time, methodmanner, manner order or order method of grant, creation, attachment or perfection (if any) of any Liens securing the Senior ABL Obligations or Junior Lien the Notes Obligations granted on the Junior TL Priority Collateral or of any Liens securing the Term Obligations granted on the TL Priority Collateral, (ii) the validity or enforceability of the security interests and notwithstanding Liens granted in favor of any Collateral Agent or any Secured Party on the TL Priority Collateral, (iii) the date on which any ABL Obligations, Term Obligations or Notes Obligations is extended, (iv) any provision of the UCC, UCC or any other applicable Law law, including any rule for determining priority thereunder or under any other law or rule governing the Senior Loan Documents relative priorities of secured creditors, including with respect to real property or fixtures, (v) any provision set forth in any ABL Document, any Term Document or any Notes Document (other than this Agreement), (vi) the Junior Lien Documents, possession or whether control by any Senior Collateral Agent or any Secured Party or Junior Secured Party holds possession any bailee of all or any part of any TL Priority Collateral as of the Junior Collateraldate hereof or otherwise, or any defect or deficiencies in, or failure to perfect, or avoidance as a fraudulent conveyance or otherwise of, the Liens securing the Senior Obligations or the Junior Lien Obligations or (vii) any other circumstance whatsoever, each Junior the ABL Collateral Agent, on behalf of itself and the ABL Secured Party agrees that (a) Parties, and the Notes Collateral Agent, on behalf of itself and the Notes Secured Parties hereby agree that: any Lien on the Junior TL Priority Collateral securing any Senior Term Obligations now or hereafter held by or on behalf of the Term Collateral Agent or any Senior Term Secured Party Parties or any agent or trustee therefor, regardless of how acquired, whether by grant, possession, statute, operation of law, subrogation or otherwise, shall be senior in all respects and prior to (x) any Lien on the TL Priority Collateral securing any of the ABL Obligations and (y) any Lien on the TL Priority Collateral securing any of the Notes Obligations; any Lien on the TL Priority Collateral now or hereafter held by or on behalf of the ABL Collateral Agent, any ABL Secured Parties, the Notes Collateral Agent, any Notes Secured Parties or any agent or trustee therefor regardless of how acquired, whether by grant, possession, statute, operation of law, subrogation or otherwise, shall be junior and subordinate in all respects to all Liens on the TL Priority Collateral securing any Term Obligations; any Lien on the TL Priority Collateral securing any ABL Obligations now or hereafter held by or on behalf of the ABL Collateral Agent or any ABL Secured Parties or any agent or trustee therefor, regardless of how acquired, whether by grant, possession, statute, operation of law, subrogation or otherwise, shall be senior in all respects and prior to any Lien on the Junior TL Priority Collateral securing any Junior Lien of the Notes Obligations, (b) ; and any Lien on the Junior TL Priority Collateral securing any Junior Lien Obligations now or hereafter held by or on behalf of the Notes Collateral Agent, any Junior Lender or Junior Lien Representative (Notes Secured Party or any other agent or trustee therefore) therefor regardless of how acquired, whether by grant, possession, statute, operation of law, subrogation or otherwise, shall be (x) junior and subordinate in all respects to the rights and interests of the Senior Secured Parties and all Liens on the Junior TL Priority Collateral securing any Senior ABL Obligations, . All Liens on the TL Priority Collateral securing any Term Obligations shall be and remain senior in each case as provided in this Agreement all respects and prior to all Liens on the TL Priority Collateral securing (x) any ABL Obligations and (y) equal any Notes Obligations for all purposes, whether or not such Liens securing any Term Obligations are subordinated to any Lien securing any other obligation of the Company, any other Grantor or any other Person. All Liens on the TL Priority Collateral securing any ABL Obligations shall be and ratable shall remain senior in all respects with and prior to all Liens on the rights and interests TL Priority Collateral securing any Notes Obligations for all purposes, whether or not such Liens securing any ABL Obligations are subordinated to any Lien securing any other obligation of all the Company, any other Junior Secured PartiesGrantor or any other Person.

Relative Priorities. Notwithstanding the date, time, method, manner or order of grant, attachment or perfection (if any) of any Liens securing the Senior Obligations or Junior Second Lien Obligations granted on the Junior Collateral or of any Liens securing the First Lien Obligations granted on the Collateral and notwithstanding any provision of the UCC, or any other applicable Law law or the Senior Loan Second Lien Credit Documents or the Junior Lien Documents, or whether any Senior Secured Party or Junior Secured Party holds possession of all or any part of the Junior Collateral, or any defect or deficiencies in, or failure to perfect, or avoidance as a fraudulent conveyance or otherwise of, the Liens securing the Senior Obligations or the Junior Lien Obligations or any other circumstance whatsoever, each Junior Secured Party the Second Lien Collateral Agent, on behalf of itself and the Second Lien Claimholders, hereby agrees that that: (a) any Lien on the Junior Collateral securing any Senior First Lien Obligations now or hereafter held by or on behalf of the First Lien Administrative Agent or any Senior Secured Party First Lien Claimholders or any agent or trustee therefor, regardless of how acquired, whether by grant, possession, statute, operation of law, subrogation or otherwise, shall be senior in all respects and prior to any Lien on the Junior Collateral securing any Junior of the Second Lien Obligations, ; and (b) any Lien on the Junior Collateral securing any Junior Lien Obligations now or hereafter held by or on behalf of the Second Lien Collateral Agent, any Junior Lender or Junior Second Lien Representative (Claimholders or any other agent or trustee therefore) therefor regardless of how acquired, whether by grant, possession, statute, operation of law, subrogation or otherwise, shall be (x) junior and subordinate in all respects to the rights and interests of the Senior Secured Parties and all Liens on the Junior Collateral securing any Senior First Lien Obligations, in each case as provided in this Agreement . All Liens on the Collateral securing any First Lien Obligations shall be and (y) equal and ratable remain senior in all respects with and prior to all Liens on the rights and interests Collateral securing any Second Lien Obligations for all purposes, whether or not such Liens securing any First Lien Obligations are subordinated to any Lien securing any other obligation of all the Company, any other Junior Secured PartiesGrantor or any other Person.

Relative Priorities. Notwithstanding the date, time, method, manner or order of grant, attachment or perfection (if any) of any Liens securing the Second Lien Obligations granted on the Collateral or of any Liens securing the Senior Obligations or Junior Lien Obligations Indebtedness granted on the Junior Collateral and notwithstanding any provision of the UCC, or any other applicable Law law or the Senior Loan Term Credit Documents or the Junior Lien Documents, or whether any Senior Secured Party or Junior Secured Party holds possession of all or any part of the Junior Collateral, or any defect or deficiencies in, or failure to perfect, or avoidance as a fraudulent conveyance or otherwise of, the Liens securing the Senior Obligations or the Junior Lien Obligations or any other circumstance whatsoever, each Junior Secured Party agrees that the Term Administrative Agent, on behalf of itself and the Term Claimholders, and the Senior Indebtedness Representative, on behalf of itself and the Senior Revolving Claimholders, hereby agree that: (a) any Lien on the Junior Collateral securing any Senior Obligations Indebtedness (in the case of principal of Senior Indebtedness, up to the First Lien Cap amount) now or hereafter held by or on behalf of the Senior Indebtedness Representative, any Senior Secured Party Revolving Claimholders or any agent or trustee therefor, regardless of how acquired, whether by grant, possession, statute, operation of law, subrogation or otherwise, shall be senior in all respects and prior to any Lien on the Junior Collateral securing any Junior of the Second Lien Obligations, ; (b) any Lien on the Junior Collateral securing any Junior Lien Obligations now or hereafter held by or on behalf of the Term Administrative Agent, any Junior Lender or Junior Lien Representative (Term Claimholders or any other agent or trustee therefore) therefor regardless of how acquired, whether by grant, possession, statute, operation of law, subrogation or otherwise, shall be (x) junior and subordinate in all respects to the rights and interests of the Senior Secured Parties and all Liens on the Junior Collateral securing any Senior Indebtedness (but in the case of principal of Senior Indebtedness, up to the First Lien Cap amount); and (c) any Lien on the Collateral now or hereafter held by or on behalf of the Senior Indebtedness Representative, any Senior Revolving Claimholders or any agent or trustee therefor regardless of how acquired, whether by grant, possession, statute, operation of law, subrogation or otherwise, that secures any portion of Senior Indebtedness representing principal in excess of the First Lien Cap shall be subordinate in all respects to all Liens on the Collateral securing the Second Lien Obligations. All Liens on the Collateral securing any Senior Indebtedness shall, to the extent provided herein, be and remain senior in each case all respects and prior to all Liens on the Collateral securing any Second Lien Obligations for all purposes, whether or not such Liens securing any Senior Indebtedness are subordinated to any Lien securing any other obligations of the Borrower, any other Obligor or any other Person. The foregoing provisions of this Section 2.1 and the other provisions of this Agreement shall not be interpreted or construed to suggest or imply any intent of any party or either the Senior Revolving Claimholders or the Term Claimholders to subordinate their Liens to any Liens other than as provided set forth in Section 2.1 (and nothing in this Agreement and (y) equal and ratable in all respects with shall be construed to suggest or imply that the rights and interests of all other Junior Secured PartiesSecond Lien Obligations themselves are subordinated to the Senior Indebtedness or vice versa).

Relative Priorities. Notwithstanding the date, time, method, manner or order of grant, attachment or perfection (if any) of any Liens securing the Second Lien Obligations granted on any of the Collateral, or of any Liens securing the Senior Obligations or Junior Lien Obligations granted on any of the Junior Collateral and notwithstanding any provision of the UCC, UCC or any other applicable Law law or the Senior Loan provisions of the Second Lien Credit Documents or any other circumstance whatsoever (including, without limitation, the Junior Lien Documentstime, order or whether method of grant, attachment, recording or perfection of any Senior Secured Party financing statements or Junior Secured Party holds possession of all other security interests, assignments, pledges, deeds, mortgages and other liens, charges or any part of the Junior Collateral, encumbrances or any defect or deficiencies deficiency or alleged defect or deficiency in, or failure to perfectomission with respect to, any of the foregoing, or avoidance as a fraudulent conveyance the fact that any such Liens securing Senior Lien Obligations are at any time (x) subordinated to any Lien securing any obligation of any Person or to any Indebtedness in favor of any Person or (y) otherwise ofsubordinated (whether consensually, by court order or otherwise), voided, avoided, invalidated or lapsed), the Liens securing the Senior Obligations or the Junior Second Lien Obligations or any other circumstance whatsoever, each Junior Secured Party agrees that Claimholders hereby agree that: (a) any Lien on the Junior Collateral or any part thereof securing any Senior Lien Obligations now or hereafter held by or on behalf of the Senior Lien Collateral Agent or any Senior Secured Party Lien Claimholders or any agent or trustee therefor, regardless of how acquired, whether by grant, possession, statute, operation of law, subrogation or otherwise, shall be senior in all respects and prior to any Lien on the Junior Collateral or any part thereof securing any Junior Second Lien Obligations, ; and (b) any Lien on the Junior Collateral securing or any Junior Lien Obligations part thereof now or hereafter held by or on behalf of any Junior Lender or Junior Second Lien Representative (Claimholder or any other agent or trustee therefore) therefor, regardless of how acquired, whether by grant, possession, statute, operation of law, subrogation or otherwise, shall be (x) junior and subordinate in all respects to the rights and interests of the Senior Secured Parties and all Liens on the Junior Collateral securing any Senior Lien Obligations. All Liens on the Collateral securing any Senior Lien Obligations shall be and remain senior in all respects and prior to all Liens on the Collateral securing any Second Lien Obligations for all purposes, regardless of the time, order or method of grant, attachment, recording or perfection of any financing statements or other security interests, assignments, pledges, deeds, mortgages and other liens, charges or encumbrances or any defect or deficiency or alleged defect or deficiency in, or omission with respect to, any of the foregoing, or the fact that any such Liens in each case as provided favor of any Senior Lien Collateral Agent are (x) subordinated to any Lien securing any obligation of any Person or to any Indebtedness in this Agreement and favor of any Person or (y) equal and ratable in all respects with the rights and interests of all other Junior Secured Partiesotherwise subordinated (whether consensually, by court order or otherwise), voided, avoided, invalidated or lapsed.

Relative Priorities. Notwithstanding the date, time, method, manner manner, or order of grant, attachment attachment, or perfection (if any) of any Liens in the Collateral securing the Senior Obligations Loan Document Debt or Junior of any Liens in the Collateral securing the Txxxxxx Debt – including, in each case, notwithstanding whether any such Lien Obligations is granted on (or secures Txxxxxx Debt or Loan Document Debt relating to the Junior Collateral period) before or after the commencement of any Insolvency Proceeding – and notwithstanding any contrary provision of the UCC, UCC or any other applicable Law law or the Senior Loan Documents or the Junior Lien Documents, or whether any Senior Secured Party or Junior Secured Party holds possession of all or any part of the Junior Collateral, or any defect or deficiencies in, or failure to attach or perfect, or avoidance as a fraudulent conveyance or otherwise of, the Liens securing the Senior Obligations or the Junior Lien Obligations Txxxxxx Debt, or any other circumstance whatsoever, each Junior Secured Party agrees that Txxxxxx and Agent hereby agree that: (a) any Lien on with respect to the Junior Collateral securing any Senior Obligations Txxxxxx Debt, whether such Lien is now or hereafter held by or on behalf of any Senior Secured Party of, or created for the benefit of, Txxxxxx or any agent or trustee therefor, regardless of how or when acquired, whether by grant, possession, statute, operation of law, subrogation subrogation, or otherwise, shall be senior in all respects and prior to any Lien on with respect to the Junior Collateral securing any Junior Lien Obligations, Loan Document Debt; and (b) any Lien on with respect to the Junior Collateral securing any Junior Loan Document Debt, whether such Lien Obligations is now or hereafter held by any Junior Lender or Junior Lien Representative (on behalf of, or created for the benefit of, Agent or any other Loan Document Claimholder or any agent or trustee therefore) therefor, regardless of how or when acquired, whether by grant, possession, statute, operation of law, subrogation subrogation, or otherwise, shall be (x) junior and subordinate in all respects to any Lien with respect to the rights and interests of the Senior Secured Parties and all Liens on the Junior Collateral securing any Senior Obligations, in each case as provided in this Agreement and (y) equal and ratable in all respects with the rights and interests of all other Junior Secured PartiesTxxxxxx Debt.

Relative Priorities. a. Notwithstanding the date, time, method, manner or order of grant, attachment or perfection (if any) of any Liens securing the Senior Obligations or Junior Lien Obligations granted on the Junior Collateral securing Senior Indebtedness, on one hand, or any Lien on the Collateral securing Subordinated Indebtedness (including any Liens on assets or property prohibited by or in violation of the Note Agreement), on the other hand, and notwithstanding any provision of the UCC, UCC or any other applicable Law law or the Senior Loan Documents or the Junior Lien Documents, or whether provisions of any Senior Secured Party or Junior Secured Party holds possession of all security document or any part of the Junior Collateral, or any defect or deficiencies in, or failure to perfect, or avoidance as a fraudulent conveyance or otherwise of, the Liens securing the Senior Obligations or the Junior Lien Obligations other Financing Document or any other circumstance whatsoever, and notwithstanding any failure of the Senior Lenders to adequately perfect their Liens in the Collateral, the subordination of any Lien on the Collateral securing any Senior Indebtedness to any Lien securing any other obligation of any Obligor, or the avoidance, invalidation or lapse of any Lien on the Collateral securing any Senior Indebtedness, each Junior Secured Subordinated Debt Party hereby agrees that that, so long as the Discharge of Senior Indebtedness has not occurred, (a) any such Lien on the Junior Collateral securing any Senior Obligations now or hereafter held by or on behalf for the benefit of any Senior Secured Party Lender which now or any agent or trustee therefor, regardless of how acquired, whether by grant, possession, statute, operation of law, subrogation or otherwise, hereafter secures Senior Indebtedness shall be senior in right, priority, operation, effect and all other respects and prior to any Lien on and all such Liens now or hereafter held by or for the Junior Collateral securing benefit of any Junior Lien ObligationsSubordinated Debt Party which now or hereafter secure Subordinated Indebtedness, (b) any such Lien on the Junior Collateral securing any Junior Lien Obligations now or hereafter held by or for the benefit of any Junior Lender Subordinated Debt Party which now or Junior Lien Representative (or any other agent or trustee therefore) regardless of how acquired, whether by grant, possession, statute, operation of law, subrogation or otherwise, hereafter secures Subordinated Indebtedness shall be (x) junior and subordinate in right, priority, operation, effect and all other respects to the rights and interests of the Senior Secured Parties any and all such Liens on now or hereafter held by or for the Junior Collateral benefit of any Senior Lender which now or hereafter secures Senior Indebtedness, and (c) any and all such Liens now or hereafter held by or for the benefit of any Senior Lender which now or hereafter secure Senior Indebtedness shall be and remain senior in right, priority, operation, effect and all other respects to any and all such Liens now or hereafter held by or for the benefit of any Subordinated Debt Party which now or hereafter secures Subordinated Indebtedness for all purposes, whether or not any such Liens are subordinated in any respect to any other Lien securing any Senior Obligations, in each case as provided in this Agreement and (y) equal and ratable in all respects with the rights and interests other obligation of all any Obligor or any other Junior Secured PartiesPerson.

Relative Priorities. Notwithstanding the date, time, method, manner or order of grant, attachment or perfection (if any) of any Liens securing the Senior Obligations or Junior Second Lien Obligations granted on the Junior Collateral or of any Liens securing the First Lien Obligations granted on the Collateral and notwithstanding any provision of the UCC, or any other applicable Law law, any invalidity, unenforceability or lack of perfection of any of the Senior First Lien Loan Documents or the Junior any Lien Documentssecuring or purporting to secure any First Lien Obligations, or whether any Senior Secured Party or Junior Secured Party holds possession of all or any part of the Junior Collateral, or any defect or deficiencies in, or failure to perfect, or avoidance as a fraudulent conveyance or otherwise of, the Liens securing the Senior Obligations or the Junior Second Lien Obligations Documents or any other circumstance whatsoever, each Junior the Second Lien Collateral Agent, on behalf of itself and the Second Lien Secured Party Parties, hereby agrees that that: (a) any Lien or purported Lien on the Junior Collateral securing any Senior First Lien Obligations now or hereafter held by or on behalf of the First Lien Collateral Agent or any Senior First Lien Secured Party or any agent or trustee therefor, regardless of how or when acquired, whether by judgment, grant, possession, statute, operation of law, subrogation or otherwise, shall be senior in all respects and prior to any Lien on the Junior Collateral securing any Junior of the Second Lien Obligations, regardless of how or when acquired, whether by judgment, grant, possession, statute, operation of law, subrogation or otherwise; and (b) any Lien on the Junior Collateral securing any Junior Lien Obligations now or hereafter held by or on behalf of the Second Lien Collateral Agent, any Junior Lender or Junior Second Lien Representative (Secured Party or any other agent or trustee therefore) therefor regardless of how or when acquired, whether by judgment, grant, possession, statute, operation of law, subrogation or otherwise, shall be (x) junior and subordinate in all respects to the rights and interests of the Senior Secured Parties and all Liens on the Junior Collateral now or hereafter securing any First Lien Obligations. All Liens or purported Liens on the Collateral securing any Senior Obligations, in each case as provided in this Agreement First Lien Obligations shall be and (y) equal and ratable remain senior in all respects with and prior to all Liens on the rights Collateral securing any Second Lien Obligations for all purposes, whether or not such Liens or purported Liens securing any First Lien Obligations are subordinated to any Lien securing any other obligation of the Company, any other Grantor or any other Person. The Second Lien Collateral Agent for itself and interests on behalf of the Second Lien Secured Parties expressly agrees that any Lien purported to be granted on any Collateral as security for the First Lien Obligations shall be and remain senior in all other Junior Secured Partiesrespects and prior to all Liens on the Collateral securing any Second Lien Obligations for all purposes regardless of whether the Lien purported to be granted is found to be improperly granted, lapsed, improperly perfected, preferential, a fraudulent conveyance or legally or otherwise deficient in any manner.

Relative Priorities. Notwithstanding the date, time, method, manner or order of grant, attachment or perfection (if any) of any Liens securing the Senior Obligations or Junior Lien Obligations granted on the Junior Collateral or any Senior Lien, and notwithstanding any provision of the UCC, UCC or any other applicable Law law or the Senior Loan Documents or the Junior Lien Documents, or whether provisions of any Senior Secured Party or Junior Secured Party holds possession of all Collateral Document or any part of the Junior Collateral, or any defect or deficiencies in, or failure to perfect, or avoidance as a fraudulent conveyance or otherwise of, the Liens securing the Senior Obligations or the Junior Lien Obligations other Credit Document or any other circumstance whatsoever, each the Junior Agent, for itself and on behalf of the other Junior Secured Party Parties, hereby agrees that (a) any Senior Lien on the Junior Collateral securing any Senior Obligations now or hereafter held by or on behalf for the benefit of any Senior Secured Party or any agent or trustee therefor, regardless of how acquired, whether by grant, possession, statute, operation of law, subrogation or otherwise, shall be senior in right, priority, operation, effect and all other respects and prior to any Lien on the and all Junior Collateral securing any Junior Lien Obligations, Liens and (b) any Lien on the Junior Collateral securing any Junior Lien Obligations now or hereafter held by or for the benefit of any Junior Lender or Junior Lien Representative (or any other agent or trustee therefore) regardless of how acquired, whether by grant, possession, statute, operation of law, subrogation or otherwise, Secured Party shall be (x) junior and subordinate in right, priority, operation, effect and all other respects to any and all Senior Liens. The Senior Liens shall be and remain senior in right, priority, operation, effect and all other respects to any Junior Liens for all purposes, whether or not any Senior Liens are subordinated in any respect to any other Lien securing any other obligation of any Credit Party, any other Grantor or any other Person. Without limiting the rights generality of the foregoing, Junior Agent, for itself and interests on behalf of the other Junior Secured Parties, acknowledges that the relative priorities of the respective Senior Liens are set forth in the GE Capital/Xxxxxxx Intercreditor Agreement. Notwithstanding the foregoing, except as specified herein or with respect to Liens that would constitute a “Permitted Encumbrance” under the Term A Credit Documents or a “Permitted Encumbrance” under the Revolver Credit Documents and obligations of the applicable Grantor with respect to such Lien, each Senior Secured Party agrees not to enter into any agreement with another creditor of any Grantor to subordinate the Liens in any Collateral under the Senior Credit Documents to the Lien of such other creditor in the Collateral, or to subordinate the right of the Senior Secured Parties and all Liens on to the Junior Collateral securing payment of the Senior Obligations to the payment of the indebtedness or claim of any Senior Obligationsother creditor of any Grantor, in each case as provided in this Agreement and (y) equal and ratable in all respects with without the rights and interests prior written consent of all other Junior Secured PartiesAgent.

Relative Priorities. Notwithstanding the date, time, method, manner or order of grant, attachment or perfection (if any) of any Liens securing the Senior Obligations or Junior Lien Obligations granted on the Junior Collateral and notwithstanding any provision of the UCC, or any other applicable Law or the Senior Loan Documents or the Junior Lien Documents, or whether any Senior Secured Party or Junior Secured Party holds possession of all or any part of the Junior Collateral, or any defect or deficiencies in, or failure to perfect, or avoidance as a fraudulent conveyance or otherwise of, the Liens securing the Senior Obligations or the Junior Lien Obligations or any other circumstance whatsoever, each Junior Secured Party agrees that (a) any Lien on the Junior Collateral securing any Senior Obligations now or hereafter held by or on behalf of any Senior Secured Party or any agent or trustee therefor, regardless of how acquired, whether by grant, possession, statute, operation of law, subrogation or otherwise, shall be senior in all respects and prior to any Lien on the Junior Collateral securing any Junior Lien Obligations, (b) any Lien on the Junior Collateral securing any Junior Lien Obligations now or hereafter held by any Junior Lender or Junior Lien Representative (or any other agent or trustee therefore) regardless of how acquired, whether by grant, possession, statute, operation of law, subrogation or otherwise, shall be (x) junior and subordinate in all respects to the rights and interests of the Senior Secured Parties and all Liens on the Junior Collateral securing any Senior Obligations, in each case as provided in this Agreement and (y) equal and ratable in all respects with the rights and interests of all other Junior Secured Parties.

Relative Priorities. Notwithstanding the date, time, method, manner manner, or order of grant, attachment attachment, perfection, enforcement, execution, or perfection delivery of any Liens securing any Junior Lien Obligations granted with respect to the Collateral (if anyincluding, in each case, irrespective of whether any such Lien is granted, or secures any Junior Lien Obligations relating to the period, before or after the commencement of any Insolvency Proceeding) or of any Liens securing the Senior Obligations or Junior Lien Obligations granted on with respect to the Junior Collateral (including, in each case, irrespective of whether any such Lien is granted, or secures Senior Lien Obligations relating to the period, before or after the commencement of any Insolvency Proceeding) and notwithstanding any contrary provision of the UCC, UCC or any other applicable Law law or the Senior Loan Documents or the any Junior Lien Documents, or whether any Senior Secured Party or Junior Secured Party holds possession of all or any part of the Junior Collateral, Documents or any defect or deficiencies in, or failure to attach or perfect, or avoidance as a fraudulent conveyance or otherwise of, the Liens securing the Senior Obligations or the Junior Lien Obligations Obligations, or any other circumstance whatsoever, each Senior Agent (on behalf of itself and the other Senior Claimholders), and Junior Secured Party agrees that Agent (on behalf of itself and the other Junior Claimholders) hereby agree that: (a) any Lien on with respect to the Junior Collateral securing any Senior Lien Obligations now or hereafter held by or on behalf of of, or created for the benefit of, Senior Agent or any other Senior Secured Party Claimholders or any agent or trustee therefor, regardless of how acquired, whether by grant, possession, statute, operation of law, subrogation or otherwise, therefore shall be senior in all respects and prior to any Lien on with respect to the Junior Collateral securing any Junior Lien Obligations, ; and (b) any Lien on with respect to the Junior Collateral securing any Junior Lien Obligations now or hereafter held by or on behalf of, or created for the benefit of, the Junior Agent, any Junior Lender or Junior Lien Representative (Claimholders or any other agent or trustee therefore) regardless of how acquired, whether by grant, possession, statute, operation of law, subrogation or otherwise, therefor shall be (x) junior and subordinate in all respects to all Liens with respect to the rights Collateral securing any Senior Lien Obligations; All Liens with respect to the Collateral securing any Senior Lien Obligations shall be and interests remain senior in all respects and prior to all Liens with respect to the Collateral securing any Junior Lien Obligations, for all purposes, whether or not such Liens securing any Senior Lien Obligations are subordinated to any Lien securing any other obligation of any Grantor or any other person. The Junior Agent (on behalf of itself and the other Junior Claimholders) expressly agrees that any Lien purported to be granted on any Collateral as security for the Senior Secured Parties Lien Obligations shall be and remain senior in all respects and prior to all Liens on the Junior Collateral securing any Senior ObligationsJunior Lien Obligations for all purposes regardless of whether the Lien purported to be granted is found to be improperly granted, improperly perfected, a preference, a fraudulent conveyance, legally or otherwise deficient in each case as provided in this Agreement and (y) equal and ratable in all respects with the rights and interests of all other Junior Secured Partiesany manner, is avoided or is equitably subordinated. 2.2.

Relative Priorities. Notwithstanding the date, time, method, manner or order of grant, attachment or perfection (if any) of any Liens securing Lien granted to the Senior Obligations Second Lien Collateral Agent or Junior the Second Lien Obligations granted Claimholders on the Junior Common Collateral or of any Lien granted to the First Lien Collateral Agent or the First Lien Claimholders on the Common Collateral and notwithstanding any provision of the UCC, or any other applicable Law Laws or decision or the Senior Loan Documents or Investor Notes, the Junior Lien DocumentsAgency Agreement, or whether any Senior Secured Party or Junior Secured Party holds possession of all the Laurus Security Agreement or any part of the Junior Collateral, or any defect or deficiencies in, or failure to perfect, or avoidance as a fraudulent conveyance or otherwise of, the Liens securing the Senior Obligations or the Junior Lien Obligations Ancillary Agreement or any other circumstance whatsoeverwhatsoever (including, without limitation, any non-perfection of any Lien securing or purporting to secure the First Lien Obligations or the Second Lien Obligations), the Second Lien Collateral Agent and each Junior Secured Party agrees that Second Lien Claimholder agree that: (a) any Lien on the Junior Common Collateral securing any Senior the First Lien Obligations now or hereafter held by or on behalf for the benefit of any Senior Secured Party or any agent or trustee thereforthe First Lien Claimholders, regardless of how acquired, whether by grant, possession, statute, operation of law, subrogation or otherwise, shall be senior in all respects and prior to any Lien on the Junior Common Collateral securing any Junior the Second Lien Obligations, ; and (b) any Lien on the Junior Common Collateral securing any Junior the Second Lien Obligations now or hereafter held by any Junior Lender or Junior for the benefit of the Second Lien Representative (or any other agent or trustee therefore) Claimholders, regardless of how acquired, whether by grant, possession, statute, operation of law, subrogation or otherwise, shall be (x) junior and subordinate in all respects to the rights and interests of the Senior Secured Parties and all Liens on the Junior Common Collateral securing the First Lien Obligations. All Liens on the Common Collateral securing the First Lien Obligations shall be and remain senior to all Liens on the Common Collateral securing the Second Lien Obligations for all purposes, whether or not such Liens securing the First Lien Obligations are subordinated to any Senior Obligations, in each case as provided in this Agreement and (y) equal and ratable in all respects with Lien securing any other obligation of the rights and interests of all other Junior Secured PartiesBorrower.

Relative Priorities. Notwithstanding the date, time, method, manner or order of grant, attachment or perfection (if any) of any Liens securing the Senior Obligations or Junior Second Lien Obligations granted on the Junior Collateral or of any Liens securing the First Lien Obligations granted on the Collateral and notwithstanding any provision of the UCC, or any other applicable Law law or the Senior Second Lien Loan Documents or the Junior Lien Documents, or whether any Senior Secured Party or Junior Secured Party holds possession of all or any part of the Junior Collateral, or any defect or deficiencies in, or failure to perfect, or avoidance as a fraudulent conveyance or otherwise of, perfect the Liens securing the Senior Obligations or the Junior First Lien Obligations or any other circumstance whatsoever, each Junior the Second Lien Collateral Agent, on behalf of itself and the Second Lien Secured Party Parties, hereby agrees that that: (a) any Lien on the Junior Collateral securing any Senior First Lien Obligations now or hereafter held by or on behalf of of, or created for the benefit of, Terremark — Intercreditor Agreement the First Lien Collateral Agent or any Senior First Lien Secured Party Parties or any agent or trustee therefor, regardless of how acquired, whether by judgment, grant, possession, statute, operation of law, subrogation or otherwise, shall be senior in all respects and prior to any Lien on the Junior Collateral securing any Junior of the Second Lien Obligations, regardless of how acquired, whether by judgment, grant, possession, statute, operation of law, subrogation or otherwise; and (b) any Lien on the Junior Collateral securing any Junior Lien Obligations now or hereafter held by or on behalf of, or created for the benefit of, the Second Lien Collateral Agent, any Junior Lender or Junior Second Lien Representative (Secured Parties or any other agent or trustee therefore) therefor regardless of how acquired, whether by judgment, grant, possession, statute, operation of law, subrogation or otherwise, shall be (x) junior and subordinate in all respects to the rights and interests of the Senior Secured Parties and all Liens on the Junior Collateral securing any Senior First Lien Obligations, in each case . The Second Lien Collateral Agent for itself and on behalf of the Second Lien Secured Parties expressly agrees that any Lien purported to be granted on any Collateral as provided in this Agreement security for the First Lien Obligations shall be and (y) equal and ratable remain senior in all respects with and prior to all Liens on the rights Collateral securing any Second Lien Obligations for all purposes regardless of whether the Lien purported to be granted is found to be improperly granted, improperly perfected, a fraudulent conveyance or legally or otherwise deficient in any manner, and interests whether or not such Liens securing any First Lien Obligations are subordinated to any Liens securing any other obligations of all other Junior Secured Partiesthe Company or any Subsidiary Guarantor.

Relative Priorities. Notwithstanding the date, time, method, manner or order of grant, attachment or perfection (if any) of any Liens securing the Senior Obligations or Junior Second Lien Obligations granted on the Junior Collateral or of any Liens securing the First Lien Obligations granted on the Collateral and notwithstanding any provision of the UCC, or any other applicable Law law or the Senior Loan Second Lien Commodities Purchase Facility Documents or the Junior Lien Documents, or whether any Senior Secured Party or Junior Secured Party holds possession of all or any part of the Junior Collateral, (other than this Agreement) or any defect or deficiencies in, or failure to perfect, perfect or avoidance as a fraudulent conveyance or otherwise lapse in perfection of, the Liens securing the Senior Obligations or the Junior First Lien Obligations or any other circumstance whatsoever, each Junior the Second Lien Secured Party Party, on behalf of itself and the Second Lien Claimholders, hereby agrees that that: (a) any Lien on the Junior Collateral securing any Senior First Lien Obligations now or hereafter held by or on behalf of any Senior the First Lien Secured Party or any First Lien Claimholders or any agent or trustee therefor, regardless of how acquired, whether by grant, possession, statute, operation of law, subrogation or otherwise, shall be senior in all respects and prior to any Lien on the Junior Collateral securing any Junior of the Second Lien Obligations, ; and (b) any Lien on the Junior Collateral securing any Junior Second Lien Obligations now or hereafter held by or on behalf of the Second Lien Secured Party, any Junior Lender or Junior Second Lien Representative (Claimholders or any other agent or trustee therefore) therefor regardless of how acquired, whether by grant, possession, statute, operation of law, subrogation or otherwise, shall be (x) junior and subordinate in all respects to the rights and interests of the Senior Secured Parties and all Liens on the Junior Collateral securing any Senior First Lien Obligations, in each case as provided in this Agreement . All Liens on the Collateral securing any First Lien Obligations shall be and (y) equal and ratable remain senior in all respects with and prior to all Liens on the rights and interests Collateral securing any Second Lien Obligations for all purposes, whether or not such Liens securing any First Lien Obligations are subordinated to any Lien securing any other obligation of all Tensar, any other Junior Secured PartiesGrantor or any other Person.

Relative Priorities. Notwithstanding the date, time, method, manner or order of grant, attachment or perfection (if any) of any Liens securing Lien granted to the Senior Obligations Revolving Facility Collateral Agent or Junior Lien Obligations granted the Revolving Facility Secured Parties on the Junior Collateral or of any Lien granted to the Term Facility Collateral Agent or the Term Facility Secured Parties on the Collateral and notwithstanding any provision of the UCC, or any other applicable Law laws or decision or the Senior Loan Revolving Facility Documents or the Junior Lien Documents, or whether any Senior Secured Party or Junior Secured Party holds possession of all or any part of the Junior Collateral, or any defect or deficiencies in, or failure to perfect, or avoidance as a fraudulent conveyance or otherwise of, the Liens securing the Senior Obligations or the Junior Lien Obligations Term Facility Documents or any other circumstance whatsoeverwhatsoever (including, without limitation, any non-perfection of any Lien securing or purporting to secure the Revolving Facility Obligations or the Term Facility Obligations), each Junior Obligations Secured Party (by its acceptance of the benefits of the Junior Documents) agrees that that: (a) any Senior Lien on the Junior Collateral securing any the Senior Obligations now or hereafter held by or on behalf for the benefit of any the Senior Obligations Secured Party or any agent or trustee thereforParties, regardless of how acquired, whether by grant, possession, statute, operation of law, subrogation or otherwise, shall be senior in all respects and prior to any Junior Lien on such Collateral securing the Junior Collateral securing any Junior Lien Obligations, ; and (b) any Junior Lien on the Junior Collateral securing any the Junior Lien Obligations now or hereafter held by any or for the benefit of the Junior Lender or Junior Lien Representative (or any other agent or trustee therefore) Obligations Secured Parties, regardless of how acquired, whether by grant, possession, statute, operation of law, subrogation or otherwise, shall be (x) junior and subordinate in all respects to the rights and interests of all Senior Liens on such Collateral securing the Senior Secured Parties and all Liens on the Junior Collateral securing any Senior Obligations, in each case as provided in this Agreement and (y) equal and ratable in all respects with the rights and interests of all other Junior Secured Parties.

Relative Priorities. Notwithstanding the date, time, methodmanner, manner order or order method of grant, creation, attachment or perfection (if any) of any Liens securing the Senior Obligations or Junior Lien Obligations granted on the Junior Collateral or any Senior Lien, and notwithstanding any provision of the UCC, UCC or any other applicable Law or law, the Senior Loan Documents or the Junior Lien Documents, or whether provisions of any Senior Secured Party or Junior Secured Party holds possession of all Security Document or any part of the Junior Collateralother Debt Document, or any defect or deficiencies in, deficiency or failure to perfect, or avoidance as a fraudulent conveyance or otherwise of, alleged deficiency in any of the Liens securing the Senior Obligations or the Junior Lien Obligations foregoing or any other circumstance whatsoever, each Junior Representative, for itself and on behalf of its respective Secured Party Parties, hereby agrees that that, until the Senior Priority Discharge Date, (a) any Senior Lien on the Junior Collateral securing any Senior Obligations now or hereafter held by or on behalf for the benefit of any Senior Revolving Facility Secured Party or any agent or trustee therefor, regardless of how acquired, whether by grant, possession, statute, operation of law, subrogation or otherwise, shall be senior in right, priority, perfection, operation, effect and all other respects and prior to any Lien on and all Junior Liens now or hereafter held by or for the Junior Collateral securing benefit of any Junior Lien ObligationsNoteholder Secured Party, (b) any Senior Lien on the Junior Collateral securing any Junior Lien Obligations now or hereafter held by or for the benefit of any Noteholder Secured Party shall be senior in right, priority, perfection, operation, effect and all other respects to any and all Junior Liens now or hereafter held by or for the benefit of any Revolving Facility Secured Party, (c) any Junior Lender Lien now or Junior Lien Representative (hereafter held by or for the benefit of any other agent or trustee therefore) regardless of how acquired, whether by grant, possession, statute, operation of law, subrogation or otherwise, Noteholder Secured Party shall be (x) junior and subordinate in right, priority, operation, effect and all other respects to the rights and interests of the Senior Secured Parties any and all Senior Liens on now or hereafter held by or for the benefit of any Revolving Facility Secured Party, and (d) any Junior Collateral securing Lien now or hereafter held by or for the benefit of any Revolving Facility Secured Party shall be junior and subordinate in right, priority, operation, effect and all other respects to any and all Senior ObligationsLiens now or hereafter held by or for the benefit of any Noteholder Secured Party, in each case as provided case, on the terms set forth herein. Until the Senior Priority Discharge Date, the Senior Liens shall be and remain senior in this Agreement right, priority, operation, effect and (y) equal and ratable in all respects with the rights and interests of all other respects to any Junior Secured PartiesLiens for all purposes, in each case, on the terms set forth herein, whether or not any Senior Liens are subordinated in any respect to any other Lien securing any other obligation of Holdings, any other Grantor or any other Person and whether or not any such Senior Liens are voided, avoided, invalidated, lapsed or unperfected.

Relative Priorities. Notwithstanding (a) the date, time, method, manner or order of grant, attachment or perfection (if any) of any Liens securing the Senior Obligations or Parity Junior Lien Obligations granted on or any Priority Lien, (b) the order or time of filing or recordation of any document or instrument for perfecting the Liens in favor the Priority Lien Collateral Agent (or any Priority Lien Secured Party) or the Parity Junior Lien Collateral and notwithstanding Agent (or any Parity Junior Lien Secured Party), or (c) any provision of the UCC, UCC or any other applicable Law law or the Senior Loan Documents provisions of any Credit Document, any alleged or the Junior Lien Documents, actual defect or whether deficiency in any Senior Secured Party or Junior Secured Party holds possession of all or any part of the Junior Collateral, or any defect or deficiencies in, or failure to perfect, or avoidance as a fraudulent conveyance or otherwise of, the Liens securing the Senior Obligations or the Junior Lien Obligations foregoing or any other circumstance whatsoever, each the Parity Junior Lien Collateral Agent, for itself and on behalf of the other Parity Junior Lien Secured Party Parties, hereby agrees that that, so long as the Discharge of Priority Lien Obligations has not occurred, (ai) any Priority Lien on the Junior Collateral securing any Senior Obligations now or hereafter held by or on behalf for the benefit of any Senior Priority Lien Secured Party or any agent or trustee therefor, regardless of how acquired, whether by grant, possession, statute, operation of law, subrogation or otherwise, shall be senior in right, priority, operation, effect and all other respects and prior to any Lien on the and all Parity Junior Collateral securing Liens and (ii) any Parity Junior Lien Obligations, (b) any Lien on the Junior Collateral securing any Junior Lien Obligations now or hereafter held by or for the benefit of any Junior Lender or Parity Junior Lien Representative (or any other agent or trustee therefore) regardless of how acquired, whether by grant, possession, statute, operation of law, subrogation or otherwise, Secured Party shall be (x) junior and subordinate in right, priority, operation, effect and all other respects to the rights any and interests all Priority Liens. The Priority Liens shall be and remain senior in right, priority, operation, effect and all other respects to any Parity Junior Liens for all purposes, whether or not any Priority Liens are subordinated in any respect to any other Lien securing any other obligation of any Grantor or any other person and irrespective of the Senior Secured Parties date, time, method, manner or order of grant, attachment or perfection of any such Liens and all security interests and whether or not the Priority Liens on the Junior Collateral securing any Senior Obligationsare valid, in each case as provided in this Agreement and (y) equal and ratable in all respects with the rights and interests of all other Junior Secured Partiesperfected or enforceable.

Relative Priorities. (a) Notwithstanding the date, time, method, manner or order of grant, attachment or perfection (if any) of any Liens securing the Senior Obligations or Junior Second Lien Obligations granted on the Junior Collateral Collateral, of any Liens securing the First Lien Obligations granted on the Collateral, and notwithstanding any provision of the UCC, or any other applicable Law law or the Senior Second Lien Loan Documents or the Junior Lien Documents, or whether any Senior Secured Party or Junior Secured Party holds possession of all or any part of the Junior Collateral, or any defect or deficiencies in, or failure to perfect, or avoidance as a fraudulent conveyance or otherwise of, the Liens securing the Senior Obligations or the Junior Lien Obligations or any other circumstance whatsoever, each Junior the Second Lien Collateral Agent, on behalf of itself and the Second Lien Secured Party Parties, hereby agrees that that: (ai) any Lien on the Junior Collateral securing any Senior First Lien Obligations now or hereafter held by or on behalf of the First Lien Collateral Agent or any Senior First Lien Secured Party Parties or any agent or trustee therefor, regardless of how acquired, whether by grant, possession, statute, operation of law, subrogation or otherwise, shall be senior in all respects and prior to any Lien on the Junior Collateral securing any Junior of the Second Lien Obligations, ; and (bii) any Lien on the Junior Collateral securing any Junior Lien Obligations now or hereafter held by or on behalf the Second Lien Collateral Agent, any Junior Lender or Junior Second Lien Representative (Secured Parties or any other agent or trustee therefore) therefor regardless of how acquired, whether by grant, possession, statute, operation of law, subrogation or otherwise, shall be (x) junior and subordinate in all respects to the rights and interests of the Senior Secured Parties and all Liens on the Junior Collateral securing any Senior First Lien Obligations, in each case as provided in this Agreement . All Liens on the Collateral securing any First Lien Obligations shall be and (y) equal and ratable remain senior in all respects with and prior to all Liens on the rights and interests Collateral securing any Second Lien Obligations for all purposes, whether or not such Liens securing any First Lien Obligations are subordinated to any Lien securing any other obligation of all the Borrower, any other Junior Secured PartiesLoan Party or any other Person.

Relative Priorities. Notwithstanding the date, time, method, manner or order of grant, attachment or perfection (if any) of any Liens securing the Senior Obligations or Junior Second Lien Obligations granted on the Junior Collateral or of any Liens securing the First Lien Obligations granted on the Collateral and notwithstanding any provision of the UCC, or any other applicable Law law or the Senior Loan Second Lien Documents or the Junior Lien Documents, or whether any Senior Secured Party or Junior Secured Party holds possession of all or any part of the Junior Collateral, or any defect or deficiencies in, or failure to perfect, or avoidance as a fraudulent conveyance or otherwise of, the Liens securing the Senior Obligations or the Junior Lien Obligations or any other circumstance whatsoever, each Junior the Second Lien Collateral Agent, on behalf of itself and the Second Lien Secured Party Parties, hereby agrees that that: (a) any Lien on the Junior Collateral securing any Senior First Lien Obligations now or hereafter held by or on behalf of the First Lien Collateral Agent or any Senior First Lien Secured Party Parties or any agent or trustee therefor, regardless of how acquired, whether by judgment, grant, possession, statute, operation of law, subrogation or otherwise, shall be senior in all respects and prior to any Lien on the Junior Collateral securing any Junior of the Second Lien Obligations, regardless of how acquired, whether by judgment, grant, possession, statute, operation of law, subrogation or otherwise; and (b) any Lien on the Junior Collateral securing any Junior Lien Obligations now or hereafter held by or on behalf of the Second Lien Collateral Agent, any Junior Lender or Junior Second Lien Representative (Secured Parties or any other agent or trustee therefore) therefor regardless of how acquired, whether by judgment, grant, possession, statute, operation of law, subrogation or otherwise, shall be (x) junior and subordinate in all respects to the rights and interests of the Senior Secured Parties and all Liens on the Junior Collateral securing any Senior First Lien Obligations, in each case as provided in this Agreement . All Liens on the Collateral securing any First Lien Obligations shall be and (y) equal and ratable remain senior in all respects with and prior to all Liens on the rights Collateral securing any Second Lien Obligations for all purposes, whether or not such Liens securing any First Lien Obligations are subordinated to any Lien securing any other obligation of the Company, any other Pledgor or any other Person. The Second Lien Collateral Agent for itself and interests on behalf of the Second Lien Secured Parties expressly agrees that any Lien purported to be granted on any Collateral as security for the First Lien Obligations shall be and remain senior in all other Junior Secured Partiesrespects and prior to all Liens on the Collateral securing any Second Lien Obligations for all purposes regardless of whether the Lien purported to be granted is found to be improperly granted, improperly perfected, preferential, a fraudulent conveyance or legally or otherwise deficient in any manner.

Relative Priorities. Notwithstanding the date, time, method, manner or order of grant, attachment or perfection (if any) of any Liens securing the Senior Obligations or Junior Second Lien Obligations granted on the Junior Collateral or of any Liens securing the First Lien Obligations granted on the Collateral and notwithstanding any provision of the UCC, or any other applicable Law law or the Senior Loan Second Lien Credit Documents or the Junior Lien Documents, or whether any Senior Secured Party or Junior Secured Party holds possession of all or any part of the Junior Collateral, or any defect or deficiencies in, or failure to perfect, or avoidance as a fraudulent conveyance or otherwise of, the Liens securing the Senior Obligations or the Junior Lien Obligations or any other circumstance whatsoever, each Junior Secured Party the Second Lien Collateral Agent, on behalf of itself and the Second Lien Claimholders, hereby agrees that that: (a) any Lien on the Junior Collateral securing any Senior First Lien Obligations now or hereafter held by or on behalf of the First Lien Collateral Agent or any Senior Secured Party First Lien Claimholders or any agent or trustee therefor, regardless of how acquired, whether by grant, possession, statute, operation of law, subrogation or otherwise, shall be senior in all respects and prior to any Lien on the Junior Collateral securing any Junior of the Second Lien Obligations, ; and (b) any Lien on the Junior Collateral securing any Junior Lien Obligations now or hereafter held by or on behalf of the Second Lien Collateral Agent, any Junior Lender or Junior Second Lien Representative (Claimholders or any other agent or trustee therefore) therefor regardless of how acquired, whether by grant, possession, statute, operation of law, subrogation or otherwise, shall be (x) junior and subordinate in all respects to the rights and interests of the Senior Secured Parties and all Liens on the Junior Collateral securing any Senior First Lien Obligations, in each case as provided in this Agreement . All Liens on the Collateral securing any First Lien Obligations shall be and (y) equal and ratable remain senior in all respects with and prior to all Liens on the rights and interests Collateral securing any Second Lien Obligations for all purposes, whether or not such Liens securing any First Lien Obligations are subordinated to any Lien securing any other obligation of all the Company, any other Junior Secured PartiesGrantor or any other Person.

Relative Priorities. Notwithstanding the date, time, method, manner or order of grant, attachment or perfection (if any) of any Liens securing the Senior Obligations or Junior Second Lien Secured Obligations granted on the Junior Collateral, or of any Liens securing the First Lien Secured Obligations granted on the Collateral and notwithstanding any provision of the UCC, UCC or any other applicable Law law or the Senior Loan provisions of the Second Lien Credit Documents or any other circumstance whatsoever (including, without limitation, the Junior Lien Documentstime, order or whether method of grant, attachment, recording or perfection of any Senior Secured Party financing statements or Junior Secured Party holds possession of all other security interests, assignments, pledges, deeds, mortgages and other liens, charges or any part of the Junior Collateral, encumbrances or any defect or deficiencies indeficiency or alleged defect or deficiency in any of the foregoing, or failure the fact that any such Liens securing First Lien Secured Obligations are at any time (x) subordinated to perfectany Lien securing any obligation of any Person or to any Indebtedness in favor of any Person or (y) otherwise subordinated, voided, avoided, invalidated or avoidance as a fraudulent conveyance or otherwise oflapsed), the Liens securing Second Lien Lender, for itself and on behalf of the Senior Obligations or the Junior Second Lien Obligations or any other circumstance whatsoeverClaimholders, each Junior Secured Party hereby agrees that that: (a) any Lien on the Junior Collateral securing any Senior First Lien Secured Obligations now or hereafter held by or on behalf of the First Lien Trustee or any Senior Secured Party First Lien Claimholders or any agent or trustee therefor, regardless of how acquired, whether by grant, possession, statute, operation of law, subrogation or otherwise, shall be senior in all respects and prior to any Lien on the Junior Collateral securing any Junior Second Lien Secured Obligations, ; and (b) any Lien on the Junior Collateral securing any Junior Lien Obligations now or hereafter held by or on behalf of any Junior Lender or Junior Second Lien Representative (Claimholders or any other agent or trustee therefore) therefor, regardless of how acquired, whether by grant, possession, statute, operation of law, subrogation or otherwise, shall be (x) junior and subordinate in all respects to the rights and interests of the Senior Secured Parties and all Liens on the Junior Collateral securing any Senior First Lien Secured Obligations. All Liens on the Collateral securing any First Lien Secured Obligations shall be and remain senior in all respects and prior to all Liens on the Collateral securing any Second Lien Secured Obligations for all purposes, regardless of the time, order or method of grant, attachment, recording or perfection of any financing statements or other security interests, assignments, pledges, deeds, mortgages and other liens, charges or encumbrances or any defect or deficiency or alleged defect or deficiency in each case as provided any of the foregoing, or the fact that any such Liens in this Agreement and favor of any First Lien Trustee are (x) subordinated to any Lien securing any obligation of any Person or to any Indebtedness in favor of any Person or (y) equal and ratable in all respects with the rights and interests of all other Junior Secured Partiesotherwise subordinated, voided, avoided, invalidated or lapsed.

Relative Priorities. Notwithstanding (a) Irrespective of the date, time, method, manner or order of grant, attachment or perfection (if any) of any Liens securing Lien granted to the Senior Obligations First Priority Collateral Agent, the Second Priority Collateral Agent, the Third Priority Collateral Agent, any First Priority Secured Party, any Second Priority Secured Party, any Third Priority Secured Party or Junior Lien Obligations granted any other Person on the Junior Collateral (including, in each case, irrespective of whether any such Lien is granted, or secures obligations relating to the period, before or after the commencement of any Insolvency Proceeding) and notwithstanding (i) any provision of the UCC, UCC or any other applicable Law law or the Senior Loan Second Priority Documents or the Junior Lien Third Priority Documents, or whether any Senior Secured Party or Junior Secured Party holds possession of all or any part of the Junior Collateral, or any defect or deficiencies deficiency in, or failure to perfectattach or perfect any aspect or portion of any First Priority Lien, to the contrary, (ii) the fact that any First Priority Lien may have been subordinated, voided, avoided, invalidated or avoidance as a fraudulent conveyance lapsed or otherwise of, the Liens securing the Senior Obligations or the Junior Lien Obligations or (iii) any other circumstance whatsoever, each Junior of the Second Priority Collateral Agent and the 2010 Trustee, on behalf of itself and the other Second Priority Secured Party Parties, hereby agrees that that: (aA) any Lien on the Junior Collateral securing any Senior Obligations the First Priority Claims now or hereafter held by the First Priority Secured Parties shall be senior in priority to any Lien on the Collateral securing the Second Priority Claims; and (B) any Lien on the Collateral now or on behalf of hereafter securing any Senior Secured Party or any agent or trustee therefor, Second Priority Claim regardless of how or when acquired, whether by grant, possession, statute, operation of law, subrogation or otherwise, shall be senior in all respects and prior to any Lien on the Junior Collateral securing any Junior Lien Obligations, (b) any Lien on the Junior Collateral securing any Junior Lien Obligations now or hereafter held by any Junior Lender or Junior Lien Representative (or any other agent or trustee therefore) regardless of how acquired, whether by grant, possession, statute, operation of law, subrogation or otherwise, shall be (x) junior and subordinate in priority in all respects to the rights and interests of the Senior Secured Parties and all Liens on the Junior Collateral securing the First Priority Claims. All Liens on the Collateral securing the First Priority Claims shall be and remain first in priority to all Liens on the Collateral securing the Second Priority Claims for all purposes, whether or not such First Priority Liens are subordinated to any Senior Obligations, in each case as provided in this Agreement and (y) equal and ratable in all respects with the rights and interests Lien securing any other obligation of all other Junior Secured Partiesany Obligor.

Relative Priorities. Notwithstanding the date, time, method, manner or order of grant, attachment or perfection (if any) of any Liens securing Lien granted to the Senior Obligations First Lien Collateral Agent or Junior the First Lien Obligations granted Claimholders on the Junior Common Collateral or of any Lien granted to the Second Lien Collateral Agent or the Second Lien Claimholders on the Common Collateral and notwithstanding any provision of the UCC, or any other applicable Law Laws or decision or the Senior Loan Documents or Investor Notes, the Junior Lien DocumentsAgency Agreement, or whether any Senior Secured Party or Junior Secured Party holds possession of all the Laurus Security Agreement or any part of the Junior Collateral, or any defect or deficiencies in, or failure to perfect, or avoidance as a fraudulent conveyance or otherwise of, the Liens securing the Senior Obligations or the Junior Lien Obligations Ancillary Agreement or any other circumstance whatsoeverwhatsoever (including, without limitation, any non-perfection of any Lien securing or purporting to secure the First Lien Obligations or the Second Lien Obligations), the Second Lien Collateral Agent and each Junior Secured Party agrees that Second Lien Claimholder and the First Lien Collateral Agent and each First Lien Claimholder agree that: (a) any Lien on the Junior Common Collateral securing any Senior the First Lien Obligations now or hereafter held by or on behalf for the benefit of any Senior Secured Party or any agent or trustee thereforthe First Lien Claimholders, regardless of how acquired, whether by grant, possession, statute, operation of law, subrogation or otherwise, shall be senior in all respects and prior to any Lien on the Junior Common Collateral securing any Junior the Second Lien Obligations, ; (b) any Lien on the Junior Common Collateral securing any Junior the Second Lien Obligations now or hereafter held by any Junior Lender or Junior for the benefit of the Second Lien Representative (or any other agent or trustee therefore) Claimholders, regardless of how acquired, whether by grant, possession, statute, operation of law, subrogation or otherwise, shall be (x) junior and subordinate in all respects to the rights and interests of the Senior Secured Parties and all Liens on the Junior Common Collateral securing any Senior the First Lien Obligations, in each case as provided in this Agreement and (yc) equal and ratable any Lien on the Non-Common Collateral securing the Second Lien Obligations now or hereafter held by or for the benefit of the Second Lien Claimholders, regardless of how acquired, whether by grant, statute, operation of law, subrogation or otherwise, shall be senior in all respects with to all Liens, if any, on the rights Non-Common Collateral securing the First Lien Obligations. All Liens on the Common Collateral securing the First Lien Obligations shall be and interests remain senior to all Liens on the Common Collateral securing the Second Lien Obligations for all purposes, whether or not such Liens securing the First Lien Obligations are subordinated to any Lien securing any other obligation of the Borrower. All Liens on the Non-Common Collateral securing the Second Lien Obligations shall be and remain senior to all Liens, if any, on the Non-Common Collateral securing the First Lien Obligations for all purposes, whether or not such Liens securing the First Lien Obligations are subordinated to any Lien securing any other Junior Secured Partiesobligation of the Borrower.

Relative Priorities. Notwithstanding the date, time, method, manner or order of grant, attachment or perfection (if any) perfection, or any failure or errors with respect thereto, of any Liens securing the Senior Obligations or Junior Second Lien Obligations granted on the Junior Collateral or of any Liens securing the First Lien Obligations granted on the Collateral and notwithstanding any provision of the UCC, or any other applicable Law law or the Senior Loan Second Lien Transaction Documents or the Junior Lien Documents, or whether any Senior Secured Party or Junior Secured Party holds possession of all or any part of the Junior Collateral, or any defect or deficiencies in, or failure to perfect, or avoidance as a fraudulent conveyance or otherwise of, the Liens securing the Senior Obligations or the Junior Lien Obligations or any other circumstance whatsoever, each Junior Secured Party the Second Lien Agent, on behalf of itself and the Second Lien Claimholders, hereby agrees that that, in the manner set forth in this Agreement: (a) any Lien on the Junior Collateral securing any Senior First Lien Obligations now or hereafter held by or on behalf of the First Lien Agent or any Senior Secured Party First Lien Claimholders or any agent or trustee therefor, regardless of how or when acquired, whether by grant, possession, statute, operation of law, subrogation or otherwise, shall be senior in all respects and prior to any Lien on the Junior Collateral securing any Junior of the Second Lien Obligations, ; and (b) any Lien on the Junior Collateral securing any Junior Lien Obligations now or hereafter held by any Junior Lender or Junior on behalf of the Second Lien Representative (Agent or any other Second Lien Claimholders or any agent or trustee therefore) therefor regardless of how or when acquired, whether by grant, possession, statute, operation of law, subrogation or otherwise, shall be (x) junior and subordinate in all respects to the rights and interests of the Senior Secured Parties and all Liens on the Junior Collateral securing any Senior First Lien Obligations, in each case as provided in this Agreement . All Liens on the Collateral securing any First Lien Obligations shall be and (y) equal and ratable remain senior in all respects and prior to all Liens on the Collateral securing any Second Lien Obligations for all purposes, whether or not such Liens securing any First Lien Obligations are subordinated to any Lien securing any other obligation of the Seller or any other Person. Other than in accordance with Section 6 hereof, the rights and interests First Lien Agent hereby agrees that it shall not subordinate any Lien securing any First Lien Obligations to any Lien securing any other obligation of all the Seller or any other Junior Secured PartiesPerson.

Relative Priorities. Notwithstanding Subject to Section 6.3(a) of this Agreement, notwithstanding the date, time, method, manner or order of grant, attachment or perfection (if any) of any Liens securing the Second Lien Obligations granted on the Collateral, or of any Liens securing the Senior Obligations or Junior Lien Obligations granted on the Junior Collateral and notwithstanding any provision of the UCC, UCC or any other applicable Law law or the provisions of the Second Lien Note Documents, the Senior Loan Lien Note Documents or any other circumstance whatsoever (including, without limitation, the Junior Lien Documentstime, order or whether method of grant, attachment, recording or perfection of any Senior Secured Party financing statements or Junior Secured Party holds possession of all other security interests, assignments, pledges, deeds, mortgages and other liens, charges or any part of the Junior Collateral, encumbrances or any defect or deficiencies indeficiency or alleged defect or deficiency in any of the foregoing, or failure to perfect, or avoidance as a fraudulent conveyance or otherwise of, the fact that any such Liens securing the Senior Obligations or the Junior Lien Obligations are at any time (x) subordinated to any Lien securing any obligation of any Person or to any other circumstance whatsoeverIndebtedness in favor of any Person or (y) otherwise subordinated, each Junior Secured Party agrees that voided, avoided, invalidated or lapsed), the Second Lien Claimholders hereby agree that: (a) any Lien on the Junior Collateral securing any Senior Lien Obligations now or hereafter held by or on behalf of the Senior Lien Collateral Agent or any Senior Secured Party Lien Claimholders or any agent or trustee therefor, regardless of how acquired, whether by grant, possession, statute, operation of law, subrogation or otherwise, shall be senior in all respects and prior to any Lien on the Junior Collateral securing any Junior Second Lien Obligations, ; and (b) any Lien on the Junior Collateral securing any Junior Lien Obligations now or hereafter held by or on behalf of any Junior Lender or Junior Second Lien Representative (Claimholder or any other agent or trustee therefore) therefor, regardless of how acquired, whether by grant, possession, statute, operation of law, subrogation or otherwise, shall be (x) junior and subordinate in all respects to the rights and interests of the Senior Secured Parties and all Liens on the Junior Collateral securing any Senior Lien Obligations. Subject to Section 6.3(a) of this Agreement, all Liens on the Collateral securing any Senior Lien Obligations shall be and remain senior in each case as provided all respects and prior to all Liens on the Collateral securing any Second Lien Obligations for all purposes, regardless of the time, order or method of grant, attachment, recording or perfection of any financing statements or other security interests, assignments, pledges, deeds, mortgages and other liens, charges or encumbrances or any defect or deficiency or alleged defect or deficiency in this Agreement and any of the foregoing, or the fact that any such Liens in favor of any Senior Lien Collateral Agent are (x) subordinated to any Lien securing any obligation of any Person or to any Indebtedness in favor of any Person or (y) equal and ratable in all respects with the rights and interests of all other Junior Secured Partiesotherwise subordinated, voided, avoided, invalidated or lapsed.

Relative Priorities. Notwithstanding the date, time, method, manner or order of grant, attachment or perfection (if any) of any Liens securing the Senior Obligations or Junior Second Lien Obligations granted on the Junior Collateral or of any Liens securing the First Lien Obligations granted on the Collateral and notwithstanding any provision of the UCC, or any other applicable Law law or the Senior Loan Second Lien Notes Documents or the Junior Lien Documents, or whether any Senior Secured Party or Junior Secured Party holds possession of all or any part of the Junior Collateral, or any defect or deficiencies in, or failure to perfect, or avoidance as a fraudulent conveyance or otherwise of, the Liens securing the Senior Obligations or the Junior Lien Obligations or any other circumstance whatsoever, each Junior the Second Lien Collateral Agent, on behalf of itself and the Second Lien Secured Party Parties, hereby agrees that that: (a) any Lien on the Junior Collateral securing any Senior First Lien Obligations now or hereafter held by or on behalf of the First Lien Collateral Agent or any Senior First Lien Secured Party or any agent or trustee therefor, regardless of how acquired, whether by judgment, grant, possession, statute, operation of law, subrogation or otherwise, shall be senior in all respects and prior to any Lien on the Junior Collateral securing any Junior of the Second Lien Obligations, regardless of how acquired, whether by judgment, grant, possession, statute, operation of law, subrogation or otherwise; and (b) any Lien on the Junior Collateral securing any Junior Lien Obligations now or hereafter held by or on behalf of the Second Lien Collateral Agent, any Junior Lender or Junior Second Lien Representative (Secured Party or any other agent or trustee therefore) therefor regardless of how acquired, whether by judgment, grant, possession, statute, operation of law, subrogation or otherwise, shall be (x) junior and subordinate in all respects to the rights and interests of the Senior Secured Parties and all Liens on the Junior Collateral securing any Senior First Lien Obligations, in each case as provided in this Agreement . All Liens on the Collateral securing any First Lien Obligations shall be and (y) equal and ratable remain senior in all respects with and prior to all Liens on the rights Collateral securing any Second Lien Obligations for all purposes, whether or not such Liens securing any First Lien Obligations are subordinated to any Lien securing any other obligation of the Company, any other Pledgor Party or any other Person. The Second Lien Collateral Agent for itself and interests on behalf of the Second Lien Secured Parties expressly agrees that any Lien purported to be granted on any Collateral as security for the First Lien Obligations shall be and remain senior in all other Junior Secured Partiesrespects and prior to all Liens on the Collateral securing any Second Lien Obligations for all purposes regardless of whether the Lien purported to be granted is found to be improperly granted, improperly perfected, preferential, a fraudulent conveyance or legally or otherwise deficient in any manner.

Relative Priorities. Notwithstanding (i) the date, time, methodmanner, manner order or order method of grant, creation, attachment or perfection (if any) of any Liens securing the Senior Term Obligations or Junior Lien the Notes Obligations granted on the Junior ABL Priority Collateral or of any Liens securing the ABL Obligations granted on the ABL Priority Collateral, (ii) the validity or enforceability of the security interests and notwithstanding Liens granted in favor of any Collateral Agent or any Secured Party on the ABL Priority Collateral, (iii) the date on which any ABL Obligations, Term Obligations or Notes Obligations are extended, (iv) any provision of the UCC, UCC or any other applicable Law law, including any rule for determining priority thereunder or under any other law or rule governing the Senior Loan Documents relative priorities of secured creditors, including with respect to real property or fixtures, (v) any provision set forth in any ABL Document, any Term Document or any Notes Document (other than this Agreement), (vi) the Junior Lien Documents, possession or whether control by any Senior Collateral Agent or any Secured Party or Junior Secured Party holds possession any bailee of all or any part of any ABL Priority Collateral as of the Junior Collateraldate hereof or otherwise, or any defect or deficiencies in, or failure to perfect, or avoidance as a fraudulent conveyance or otherwise of, the Liens securing the Senior Obligations or the Junior Lien Obligations or (vii) any other circumstance whatsoever, each Junior the Term Collateral Agent, on behalf of itself and the Term Secured Party agrees that (a) Parties, and the Notes Collateral Agent, on behalf of itself and the Notes Secured Parties, hereby agree that: any Lien on the Junior ABL Priority Collateral securing any Senior ABL Obligations now or hereafter held by or on behalf of the ABL Collateral Agent or any Senior ABL Secured Party Parties or any agent or trustee therefor, regardless of how acquired, whether by grant, possession, statute, operation of law, subrogation or otherwise, shall be senior in all respects and prior to (x) any Lien on the ABL Priority Collateral securing any of the Term Obligations and (y) any Lien on the ABL Priority Collateral securing any of the Notes Obligations; any Lien on the ABL Priority Collateral now or hereafter held by or on behalf of the Term Collateral Agent, any Term Secured Parties, the Notes Collateral Agent, any Notes Secured Parties or any agent or trustee therefor regardless of how acquired, whether by grant, possession, statute, operation of law, subrogation or otherwise, shall be junior and subordinate in all respects to all Liens on the ABL Priority Collateral securing any ABL Obligations; any Lien on the ABL Priority Collateral securing any Term Obligations now or hereafter held by or on behalf of the Term Collateral Agent or any Term Secured Parties or any agent or trustee therefor, regardless of how acquired, whether by grant, possession, statute, operation of law, subrogation or otherwise, shall be senior in all respects and prior to any Lien on the Junior ABL Priority Collateral securing any Junior Lien of the Notes Obligations, (b) ; and any Lien on the Junior ABL Priority Collateral securing any Junior Lien Obligations now or hereafter held by or on behalf of the Notes Collateral Agent, any Junior Lender or Junior Lien Representative (Notes Secured Party or any other agent or trustee therefore) therefor regardless of how acquired, whether by grant, possession, statute, operation of law, subrogation or otherwise, shall be (x) junior and subordinate in all respects to the rights and interests of the Senior Secured Parties and all Liens on the Junior ABL Priority Collateral securing any Senior Term Obligations, . All Liens on the ABL Priority Collateral securing any ABL Obligations shall be and remain senior in each case as provided in this Agreement all respects and prior to all Liens on the ABL Priority Collateral securing (x) any Term Obligations and (y) equal any Notes Obligations for all purposes, whether or not such Liens securing any ABL Obligations are subordinated to any Lien securing any other obligation of the Company, any other Grantor or any other Person. All Liens on the ABL Priority Collateral securing any Term Obligations shall be and ratable remain senior in all respects with and prior to all Liens on the rights and interests ABL Priority Collateral securing any Notes Obligations for all purposes, whether or not such Liens securing any Term Obligations are subordinated to any Lien securing any other obligation of all the Company, any other Junior Secured PartiesGrantor or any other Person.

Relative Priorities. Notwithstanding the date, time, method, manner or order of grant, attachment or perfection (if any) of any Liens securing the Subordinated Obligations granted on the Collateral or of any Liens securing the Senior Obligations or Junior Lien Obligations Indebtedness granted on the Junior Collateral and notwithstanding any provision of the UCC, or any other applicable Law law or the Senior Loan Term Credit Documents or the Junior Lien Documents, or whether any Senior Secured Party or Junior Secured Party holds possession of all or any part of the Junior Collateral, or any defect or deficiencies in, or failure to perfect, or avoidance as a fraudulent conveyance or otherwise of, the Liens securing the Senior Obligations or the Junior Lien Obligations or any other circumstance whatsoever, each Junior Secured Party agrees that the Term Administrative Agent, on behalf of itself and the Term Claimholders, and the Senior Indebtedness Representative, on behalf of itself and the Senior Revolving Claimholders, hereby agree that: (a) any Lien on the Junior Collateral securing any Senior Obligations Indebtedness (in the case of principal of Senior Indebtedness up to the Maximum Priority Senior Revolving Amount) now or hereafter held by or on behalf of the Senior Indebtedness Representative, any Senior Secured Party Revolving Claimholders or any agent or trustee therefor, regardless of how acquired, whether by grant, possession, statute, operation of law, subrogation or otherwise, shall be senior in all respects and prior to any Lien on the Junior Collateral securing any Junior Lien of the Subordinated Obligations, ; (b) any Lien on the Junior Collateral securing any Junior Lien Obligations now or hereafter held by or on behalf of the Term Administrative Agent, any Junior Lender or Junior Lien Representative (Term Claimholders or any other agent or trustee therefore) therefor regardless of how acquired, whether by grant, possession, statute, operation of law, subrogation or otherwise, shall be (x) junior and subordinate in all respects to the rights and interests of the Senior Secured Parties and all Liens on the Junior Collateral securing any Senior Indebtedness (but in the case of principal of Senior Indebtedness up to the Maximum Priority Senior Revolving Amount) and (c) any Lien on the Collateral now or hereafter held by or on behalf of the Senior Indebtedness Representative, any Senior Revolving Claimholders or any agent or trustee therefor regardless of how acquired, whether by grant, possession, statute, operation of law, subrogation or otherwise, that secures any portion of Senior Indebtedness representing principal in excess of the Maximum Priority Senior Revolving Amount shall be subordinate in all respects to all Liens on the Collateral securing the Subordinated Obligations. All Liens on the Collateral securing any Senior Indebtedness shall be and remain senior in all respects and prior to all Liens on the Collateral securing any Subordinated Obligations for all purposes, whether or not such Liens securing any Senior Indebtedness are subordinated to any Lien securing any other obligations of the Borrower, any other Obligor or any other Person. The foregoing provisions of this Section 2.1 and the other provisions of this Agreement shall not be interpreted or construed to suggest or imply any intent of any party or either the Senior Revolving Claimholders or the Term Claimholders to subordinate their Liens to any Liens other than as set forth in each case as provided Section 2.1 (and nothing in this Agreement and (y) equal and ratable in all respects with shall be construed to suggest or imply that the rights and interests of all other Junior Secured PartiesSubordinated Obligations themselves are subordinated to the Senior Indebtedness or vice versa).

Relative Priorities. Notwithstanding the date, time, method, manner or order of grant, attachment or perfection (if any) of any Liens securing the Senior Obligations or Junior Second Lien Obligations granted on the Junior Collateral or of any Liens securing the First Lien Obligations granted on the Collateral and notwithstanding any provision of the UCC, or any other applicable Law law, any invalidity, unenforceability or lack of perfection of any of the Senior First Lien Loan Documents or the Junior any Lien Documentssecuring or purporting to secure any First Lien Obligations, or whether any Senior Secured Party the Second Lien Documents or Junior Secured Party holds possession of all or any part of the Junior Collateral, or any defect or deficiencies in, or failure to perfect, or avoidance as a fraudulent conveyance or otherwise of, the Liens securing the Senior Obligations or the Junior Lien Obligations anything contained therein or any other circumstance whatsoever, each Junior whether or not any Insolvency or Liquidation Proceeding has been commenced by or against the Company or any Guarantor, the Second Lien Collateral Agent, on behalf of itself and the Second Lien Secured Party Parties, hereby agrees that that: (a) any Lien on the Junior Collateral securing any Senior First Lien Obligations now or hereafter held by or on behalf of any Senior Secured Party the First Lien Collateral Agent or any agent or trustee therefor, regardless of how acquired, whether by grant, possession, statute, operation of law, subrogation or otherwise, First Lien Secured Parties shall be senior and prior in all respects to any Lien on the Collateral securing any of the Second Lien Obligations; and (b) any Lien on the Collateral now or hereafter held by or on behalf of the Second Lien Collateral Agent, any Second Lien Secured Parties shall be junior and subordinate in all respects to all Liens on the Collateral now or hereafter securing any First Lien Obligations. All Liens on the Collateral securing any First Lien Obligations shall be and remain senior in all respects and prior to any Lien on the Junior Collateral securing any Junior Lien Obligations, (b) any Lien on the Junior Collateral securing any Junior Lien Obligations now or hereafter held by any Junior Lender or Junior Lien Representative (or any other agent or trustee therefore) regardless of how acquired, whether by grant, possession, statute, operation of law, subrogation or otherwise, shall be (x) junior and subordinate in all respects to the rights and interests of the Senior Secured Parties and all Liens on the Junior Collateral securing any Senior Second Lien Obligations for all purposes, whether or not such Liens securing any First Lien Obligations are subordinated to any Lien securing any other obligation of the Company, any other Credit Party or any other Person. The Second Lien Collateral Agent for itself and on behalf of the Second Lien Secured Parties expressly agrees that any Lien purported to be granted on any Collateral as security for the First Lien Obligations shall be and remain senior in all respects and prior to all Liens on the Collateral securing any Second Lien Obligations for all purposes regardless of whether the Lien purported to be granted is found to be improperly granted, improperly perfected, preferential, a fraudulent transfer or conveyance or legally or otherwise deficient in any manner. The subordination of Liens securing Second Lien Obligations to Liens securing First Lien Obligations affects only the relative priority of those Liens, and does not subordinate the Second Lien Obligations in right of payment to the First Lien Obligations, in each case as provided . Nothing in this Agreement will affect the entitlement of any Second Lien Secured Party to receive and retain required payments of interest, principal, and other amounts in respect of any Second Lien Obligations unless the receipt (yi) equal is expressly prohibited by, or results from a Second Lien Secured Party’s breach of, this Agreement or (ii) is the direct or indirect result of the exercise by the Second Lien Collateral Agent or any other Second Lien Secured Party of rights or remedies as a secured creditor (including set-off and ratable recoupment) or enforcement in all respects with the rights and interests contravention of all other Junior Secured Partiesthis Agreement of any Lien held by any of them.

Relative Priorities. Notwithstanding (a) Irrespective of (i) the date, time, method, manner or order of grant, attachment or perfection (if any) of any Liens securing the Senior Obligations or Junior Lien Term Debt Obligations granted on the Junior ABL Collateral or of any Liens securing the ABL Obligations granted on the ABL Collateral (including, in each case, irrespective of whether any such Lien is granted (or secures Obligations relating to the period) before or after the commencement of any Insolvency or Liquidation Proceeding), or (ii) whether the Term Debt Trustee or the ABL Agent, either directly or through agents, holds possession of, or has control over, all or any part of the ABL Collateral, and notwithstanding any provision of the UCC, Bankruptcy Law or any other applicable Law law, or the Senior ABL Loan Documents or the Junior Lien Documents, or whether any Senior Secured Party or Junior Secured Party holds possession of all or any part of the Junior Collateral, Term Debt Documents or any defect or deficiencies in, or failure to attach or perfect, or avoidance as a fraudulent conveyance or otherwise of, the Liens on the ABL Collateral securing the Senior ABL Obligations or the Junior Lien Term Debt Obligations or any other circumstance whatsoever, each Junior Secured Party agrees the ABL Agent, on behalf of the ABL Claimholders and the Term Debt Trustee, on behalf of the Term Debt Claimholders, hereby agree that (a) as among the Claimholders, any Lien of the ABL Agent on the Junior ABL Collateral securing any Senior Obligations the ABL Obligations, whether such Lien is now or hereafter held by or on behalf of the ABL Agent, any Senior Secured Party other ABL Claimholder or any other agent or trustee therefor, regardless of how or when acquired, whether by grant, possession, statute, operation of law, subrogation or otherwise, shall be senior in all respects and prior to any Lien on the Junior ABL Collateral securing any Junior Lien Obligations, (b) Term Debt Obligations and any Lien of the Term Debt Trustee on the Junior ABL Collateral securing any Junior Term Debt Obligations, whether such Lien Obligations is now or hereafter held by or on behalf of the Term Debt Trustee, any Junior Lender or Junior Lien Representative (other Term Debt Claimholder or any other agent or trustee therefore) therefor, regardless of how or when acquired, whether by grant, possession, statute, operation of law, subrogation or otherwise, shall be (x) junior and subordinate in all respects to the rights and interests of the Senior Secured Parties and all Liens on the Junior ABL Collateral securing any Senior ABL Obligations, in each case as provided in this Agreement and (y) equal and ratable in all respects with the rights and interests of all other Junior Secured Parties.