Common use of Similar Liens Clause in Contracts

Similar Liens. The parties hereto agree that it is their intention that the First Lien Collateral and the Second Lien Collateral be identical. In furtherance of the foregoing and of Section 8.8, the parties hereto agree, subject to the other provisions of this Agreement, upon request by the First Lien Collateral Agent or the Collateral Trustee, to cooperate in good faith (and to direct their counsel to cooperate in good faith) from time to time in order to determine the specific items included in the First Lien Collateral and the Second Lien Collateral and the steps taken to perfect their respective Liens thereon and the identity of the respective parties obligated under the First Lien Documents and the Second Lien Documents.

Appears in 2 contracts

Samples: Intercreditor Agreement (Viasystems Inc), Intercreditor Agreement (Viasystems Group Inc)

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Similar Liens. The parties hereto agree that it is their intention that the First Lien Collateral and the Second Lien Collateral be substantially identical. In furtherance of the foregoing and of Section 8.89.10, the parties hereto agree, subject to the other provisions of this Agreement, upon reasonable request by the First Lien Collateral Administrative Agent or the Second Lien Collateral TrusteeAgent, to cooperate in good faith (and to direct their respective counsel to cooperate in good faith) from time to time in order to determine the specific items included in the First Lien Collateral and the Second Lien Collateral and the steps taken to perfect their respective Liens thereon and the identity of the respective parties obligated under the First Lien Loan Documents, the Second Lien Note Documents and the Second Additional Parity Lien Facility Documents.

Appears in 1 contract

Samples: Intercreditor Agreement (Mohegan Tribal Gaming Authority)

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Similar Liens. The parties hereto acknowledge and agree that it is their intention that the First Lien Collateral and the Second Lien Collateral be identical. In furtherance of the foregoing and of Section 8.8foregoing, the parties hereto agree, subject agree to the other provisions of this Agreementcooperate in good faith in order to determine, upon any reasonable request by the First Lien Collateral Administrative Agent or the Collateral TrusteeSecond Lien Administrative Agent, to cooperate in good faith (and to direct their counsel to cooperate in good faith) from time to time in order to determine the specific items assets included in the First Lien Collateral and the Second Lien Collateral and Collateral, the steps taken to perfect their respective the First Priority Liens and the Second Priority Liens thereon and the identity of the respective parties obligated under the First Lien Loan Documents and the Second Lien Loan Documents.

Appears in 1 contract

Samples: Intercreditor Agreement (ABC Funding, Inc)

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