Example ContractsClausesIntercreditor Agreement
Intercreditor Agreement
Intercreditor Agreement contract clause examples

Intercreditor Agreement” means, with respect to any Indebtedness permitted pursuant to Section 8.03 and secured by any Permitted Lien, any intercreditor agreement entered into between or among the holders of such Indebtedness (or any duly authorized trustee, agent or other representative for such holder(s)) and the Administrative Agent, in form and substance reasonably satisfactory to the Administrative Agent.

Intercreditor Agreement. Agent shall have received the fully executed Intercreditor Agreement, which shall be in form and substance satisfactory to Agent in its sole discretion;

Intercreditor Agreement. Notwithstanding anything herein to the contrary, the Liens and security interests granted to the Collateral Agent pursuant to the Security Documents, and the exercise of any right or remedy by the Collateral Agent hereunder or thereunder, are subject to the provisions of the Intercreditor Agreement. In the event of any conflict between the terms of the Intercreditor Agreement and the terms of this Agreement, the terms of the Intercreditor Agreement shall govern and control.

Intercreditor Agreement: the Integrated Intercreditor Agreement[ and the Alcentra/Triangle Intercreditor Agreement].

Intercreditor Agreement” means that certain First Lien Pari Passu Intercreditor Agreement, dated as of the Closing Date, by and between the Administrative Agent, Fiera Private Debt Fund IV LP, Fiera Private Debt Fund V LP, and the Loan Parties.

Intercreditor Agreement” shall include all permitted intercreditor agreements (including the ABL Intercreditor Agreement and any Junior Lien Intercreditor Agreement).

Intercreditor Agreement” means that certain Intercreditor Agreement, dated as of October 9, 2009, by and between the Agents and the Indenture Trustee and acknowledged and

Intercreditor Agreement. Each Lender hereunder authorizes and instructs Agent to enter into the Intercreditor Agreements and acknowledges (or is deemed to acknowledge) that a copy of each Intercreditor Agreement was delivered, or made available, to such Lender. Each Lender hereby acknowledges that it has received and reviewed each Intercreditor Agreement. Each of the Lenders agrees to be bound by each Intercreditor Agreement. Nothing in this Section 14.27 shall be construed to provide that any Obligor is a third party beneficiary of the provisions of each Intercreditor Agreement or may assert any rights, defenses or claims on account of such Intercreditor Agreement or this Section 14.27 (other than as set forth in the last sentence hereof), and each Obligor agrees that nothing in any Intercreditor Agreement is intended or shall impair the obligation of any Obligor to pay the obligations under this Agreement, or any other Loan Document as and when the same become due and payable in accordance with their respective terms, or to affect the relative rights of the creditors with respect to any Obligor or except as expressly otherwise provided in the applicable Intercreditor Agreement as to a Obligor’s obligations,

Intercreditor Agreement. Notwithstanding anything herein to the contrary, the right of the Agent to exercise any remedy with respect to the liens and security interests granted to the Agent pursuant to this Agreement and each other Loan Document is subject to the provisions of the Intercreditor Agreement. Without limiting the generality of the foregoing, and notwithstanding anything herein to the contrary, any obligation of any Loan Party hereunder and under each other Loan Document with respect to the delivery or control of any Collateral that constitutes Term Loan Priority Collateral (as defined in the Intercreditor Agreement) shall be deemed to be satisfied if such Loan Party delivers or provides control of such Term Loan Priority Collateral to the Term Loan Agent in accordance with the requirements of the corresponding provision of the applicable Term Loan Document. Any representation, warranty, covenant or other obligation of any Loan Party hereunder to create a “first priority” security interest in any Collateral that constitutes Term Loan Priority Collateral shall be first priority other than any Lien in favor of the Term Loan Agent.

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