Relative Priorities. (a) The grant of the Priority Liens pursuant to the Priority Lien Documents, the grant of the Second Liens pursuant to the Second Lien Documents and the grant of the Third Liens pursuant to the Third Lien Documents create three separate and distinct Liens on the Collateral.
Appears in 15 contracts
Samples: Credit Agreement (Gulfport Energy Corp), Intercreditor Agreement (Sandridge Energy Inc), Intercreditor Agreement (W&t Offshore Inc)
Relative Priorities. (a) The grant of the Priority Liens pursuant to the Priority Lien Documents, Documents and the grant of the Second Liens pursuant to the Second Lien Documents and the grant of the Third Liens pursuant to the Third Lien Documents create three two separate and distinct Liens on the Collateral.
Appears in 11 contracts
Samples: Credit Agreement (California Resources Corp), Intercreditor Agreement (Vanguard Natural Resources, LLC), Intercreditor Agreement (Energy XXI LTD)
Relative Priorities. (a) The grant of the Priority Liens pursuant to the Priority Lien Documents, the grant of the Second Liens pursuant to the Second Lien Documents and the grant of the Third Liens pursuant to the Third Lien Documents create three separate and distinct Liens on the Collateral.
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Relative Priorities. (a) The grant of the Priority Liens pursuant to the Priority Lien Documents, the grant of the Second Liens pursuant to the Second Lien Documents and the grant of the Third 1.5 Liens pursuant to the Third 1.5 Lien Documents create three two separate and distinct Liens on the Collateral.
Appears in 1 contract
Relative Priorities. (a) The grant of the Priority Liens pursuant to the Priority Lien Documents, the grant of the Second Liens pursuant to the Second Lien Documents and the grant of the Third Junior Liens pursuant to the Third Junior Lien Documents create three two separate and distinct Liens on the Collateral.
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Relative Priorities. (a) The grant of the Priority First Liens pursuant to the Priority Lien Documents, the grant of the Second Liens pursuant to the Second First Lien Documents and the grant of the Third Junior Liens pursuant to the Third Junior Lien Documents create three two separate and distinct Liens on the Collateral.
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Relative Priorities. (a) The grant of the Priority Liens pursuant to the Priority Lien Documents, Documents and the grant of the Second Liens pursuant to the Second Lien Documents and the grant of the Third Liens pursuant to the Third Lien Documents create three two separate and distinct Liens on the Collateral.
Appears in 1 contract
Relative Priorities. (a) The grant of the Priority Liens pursuant to the Priority Lien Documents, Documents and the grant of the Second Liens pursuant to the Second Lien Documents and the grant of the Third Liens pursuant to the Third Lien Documents create three two separate and distinct Liens on the Collateral.. 13 [VANGUARD AMENDED AND RESTATED INTERCREDITOR AGREEMENT]
Appears in 1 contract
Samples: Intercreditor Agreement (Vanguard Natural Resources, Inc.)
Relative Priorities. (a) The grant of the Priority Liens pursuant to the Priority Lien Documents, the grant of the Second Liens pursuant to the Second Lien Documents and the grant of the Third Liens pursuant to the Third Lien Documents each create three separate and distinct Liens on the Collateral.
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