Common use of No Waiver of Lien Priorities Clause in Contracts

No Waiver of Lien Priorities. (a) No right of ABL Agent or any of the other ABL Secured Parties to enforce any provision of this Agreement or any of the ABL Documents shall at any time in any way be prejudiced or impaired by any act or failure to act on the part of any Grantor or by any act or failure to act by ABL Agent or any other ABL Secured Party, or by any noncompliance by any Person with the terms, provisions and covenants of this Agreement, any of the ABL Documents or any of the Term Loan Documents, regardless of any knowledge thereof which ABL Agent or any of the other ABL Secured Parties may have or be otherwise charged with.

Appears in 5 contracts

Samples: Intercreditor Agreement (Rivian Automotive, Inc. / DE), Intercreditor Agreement (Beacon Roofing Supply Inc), Intercreditor Agreement (Beacon Roofing Supply Inc)

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No Waiver of Lien Priorities. (ai) No right of the ABL Secured Parties, the ABL Collateral Agent or any of the other ABL Secured Parties them to enforce any provision of this Agreement or any of the ABL Documents Document shall at any time in any way be prejudiced or impaired by any act or failure to act on the part of the Company or any other Grantor or by any act or failure to act by ABL Agent or any other ABL Secured PartyParty or the ABL Collateral Agent, or by any noncompliance by any Person with the terms, provisions and covenants of this Agreement, any of the ABL Documents or any of the Term Loan Documents, regardless of any knowledge thereof which the ABL Collateral Agent or the ABL Secured Parties, or any of the other ABL Secured Parties them, may have or be otherwise charged with.

Appears in 2 contracts

Samples: Intercreditor Agreement (Dole Food Co Inc), Intercreditor Agreement (Dole Food Co Inc)

No Waiver of Lien Priorities. (ai) No right of the ABL Agent or any of Agent, the other ABL Secured Parties or any of them to enforce any provision of this Agreement or any of the ABL Documents Document shall at any time in any way be prejudiced or impaired by any act or failure to act on the part of the Parent or any other Grantor or by any act or failure to act by the ABL Agent or any other ABL Secured Party, or by any noncompliance by any Person with the terms, provisions and covenants of this Agreement, any of the ABL Documents or any of the Term Loan Documents, regardless of any knowledge thereof which the ABL Agent or any of the other ABL Secured Parties Parties, or any of them, may have or be otherwise charged with.

Appears in 1 contract

Samples: Intercreditor Agreement (Federal Signal Corp /De/)

No Waiver of Lien Priorities. (ai) No right of the ABL Secured Parties, the ABL Collateral Agent or any of the other ABL Secured Parties them to enforce any provision of this Agreement or any of the ABL Documents Document shall at any time in any way be prejudiced or impaired by any act or failure to act on the part of the Company or any other Grantor or by any act or failure to act by ABL Agent or any other ABL Secured PartyParty or the ABL Collateral Agent, or by any noncompliance by any Person with the terms, provisions and covenants of this Agreement, any of the ABL Documents or any of the Pari Term Loan Debt Documents, regardless of any knowledge thereof which the ABL Collateral Agent or the ABL Secured Parties, or any of the other ABL Secured Parties them, may have or be otherwise charged with.

Appears in 1 contract

Samples: Intercreditor Agreement (Albertsons Companies, Inc.)

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No Waiver of Lien Priorities. (ai) No right of the ABL Agent or any of Agent, the other ABL Secured Parties or any of them to enforce any provision of this Agreement or any of the ABL Documents Document shall at any time in any way be prejudiced or impaired by any act or failure to act on the part of any Borrower or any other Grantor or by any act or failure to act by the ABL Agent or any other ABL Secured Party, or by any noncompliance by any Person with the terms, provisions and covenants of this Agreement, any of the ABL Documents or any of the Term Loan Documents, regardless of any knowledge thereof which the ABL Agent or any of the other ABL Secured Parties Parties, or any of them, may have or be otherwise charged with.

Appears in 1 contract

Samples: Abl Intercreditor Agreement (EveryWare Global, Inc.)

No Waiver of Lien Priorities. (ai) No right of ABL Agent or any of Agent, the other ABL Secured Parties or any of them to enforce any provision of this Agreement or any of the ABL Documents Document shall at any time in any way be prejudiced or impaired by any act or failure to act on the part of ARC or any other Grantor or by any act or failure to act by ABL Agent or any other ABL Secured Party, or by any noncompliance by any Person with the terms, provisions and covenants of this Agreement, any of the ABL Documents or any of the Term Loan Documents, regardless of any knowledge thereof which ABL Agent or any of the other ABL Secured Parties Parties, or any of them, may have or be otherwise charged with.

Appears in 1 contract

Samples: Security Agreement (Arc Document Solutions, Inc.)

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