INTERCREDITOR AGREEMENTIntercreditor Agreement • May 15th, 2002 • Sun Healthcare Group Inc • Services-skilled nursing care facilities • New York
THIS INTERCREDITOR AGREEMENT (this "Agreement") is entered into as of this 28th day of February, 2002, by and among SUN HEALTHCARE GROUP, INC., a Delaware corporation (the "Company") and its affiliates and subsidiaries who are or will become "Borrowers" under the Senior Credit Agreement (as defined below) (collectively, the "Borrowers"), US BANK, NATIONAL ASSOCIATION, a national banking association (in its capacity as administrative agent under the Term Loan Agreement (as defined below), the "Term Agent"), CITICORP USA, INC., a Delaware corporation, as Administrative Agent for all Senior Lenders who are or will become parties to the Senior Credit Agreement (the "Senior Administrative Agent") and HELLER HEALTHCARE FINANCE, INC., a Delaware corporation, as Collateral Agent for all Senior Lenders who are or will become parties to the Senior Credit Agreement (the "Senior Collateral Agent" and, together with Senior Administrative Agent, collectively, the "Senior Agents").
