Examples of Intercreditor Agreement in a sentence
At the Closing, Eastside, Aegis, Bigger and District 2 will execute the Amended and Restated Intercreditor Agreement in the form annexed hereto as Appendix D (the “A&R Intercreditor Agreement”).
Upon the occurrence of a Triggering Event (as defined below), the Payee shall have the right (in addition to all other rights it may have hereunder under this Note or under applicable law), exercisable by the Payee or the Agent in accordance with the Intercreditor Agreement, to require the Maker to prepay all or a portion of the outstanding principal amount of this Note in cash.
The relative priorities of the Security Interest of the Secured Parties in the Collateral and the Aegis Lien and the Bigger/D2 Lien are as set forth in the Intercreditor Agreement.
Upon the occurrence of a Triggering Event (as defined below), the Payee shall have the right (in addition to all other rights it may have hereunder under this Note or under applicable law), exercisable by the Payee or the Agent in accordance with the Intercreditor Agreement, to require the Maker to prepay all or a portion of the outstanding principal amount of this Note plus any applicable Premium (as defined on the first page of this Note) in cash.
As used herein, the terms “Spirits Business” and “portion of the Spirits Business” shall have the meanings given to such terms in the Intercreditor Agreement.