Common Contracts
2 similar Inter Creditor Agreement contracts
Project Number: 48422 February 2016 India: Enhancing Bond Guarantee Structuring Skills in IndiaInter Creditor Agreement • October 12th, 2020
[Please note that this specimen agreement has been drafted to capture commercial and legal negotiations between certain parties and is merely intended to serve as a template. All parties using this specimen agreement should consult their legal, business and other relevant advisors prior to entering into definitive documentation. ADB and its advisors are providing this specimen agreement on an “as-is-basis” and assume no responsibility towards any party for any consequences arising out of the use of this document]
SPECIMEN AGREEMENT] [SUBJECT TO CHANGE]Inter Creditor Agreement • February 2nd, 2016
execute back-stop guarantee(s) (the "Back-Stop Guarantee") with third party guarantor(s), from time to time (the "Back-Stop Guarantor"), in order to support its guarantee obligations under the IIFCL Guarantee Agreement. At or about the time of execution of this Agreement, such Back-Stop Guarantor is proposed to be Asian Development Bank, an international financial institution organised and existing under the Agreement Establishing the Asian Development Bank by and among its member countries and accordingly, IIFCL has entered into/ will enter into a Back-Stop Guarantee with Asian Development Bank on or about the date of this Agreement.
