DIP Intercreditor Agreement definition

DIP Intercreditor Agreement means the amended and restated intercreditor agreement, by and among the ABL Agent and the Term Loan Agent, which amended and restated the prepetition intercreditor agreement in its entirety, and is binding and enforceable against the Borrowers (as such term is defined in the DIP Orders), the other “Grantors” thereunder, the Prepetition Secured Parties, and the DIP Lenders in accordance with its terms.

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DIP Intercreditor Agreement means the DIP Intercreditor Agreement dated as of the Closing Date by and among the Administrative Agent, the Collateral Agent and the DIP Term Loan Agent, and acknowledged by the Loan Parties, substantially in the form of Exhibit I or such other form agreed to by the Administrative Agent and the Collateral Agent, as such document may be amended, renewed, extended, supplemented, restated or otherwise modified from time to time.

DIP Intercreditor Agreement shall have the meaning assigned to such term in the Collateral Trust Agreement.

Examples of DIP Intercreditor Agreement in a sentence

A fully executed copy of that certain DIP Intercreditor Agreement, dated as of the Closing Date, among Agent, the DIP Term Loan Agent and the Credit Parties.
Each member of the Lender Group authorizes and directs Agent to enter into this Agreement and the other Loan Documents and the DIP Intercreditor Agreement.
Each member of the Lender Group authorizes and directs Agent to enter into this Agreement, the DIP Intercreditor Agreement and the other Loan Documents.
At all times, the Obligors shall maintain the priority of the Priority Liens, and, prior to the Conversion Date, the Superpriority Claims and the other related claims as described in this Agreement, the Collateral Trust Agreement, the DIP Intercreditor Agreement and the Final DIP Order.
In the event of any conflict between the terms of the DIP Intercreditor Agreement and this Agreement with respect to lien priority, priority of proceeds of Collateral, mandatory prepayments or other rights and remedies in connection with the Collateral (as defined in the DIP Intercreditor Agreement), the terms of the DIP Intercreditor Agreement shall govern.

More Definitions of DIP Intercreditor Agreement

DIP Intercreditor Agreement means that certain Intercreditor Agreement, dated as of the date hereof, entered into between Agent and DIP ABL Agent, as amended and in effect from time to time.

DIP Intercreditor Agreement means a customary intercreditor agreement, negotiated in good faith by the Required Lenders, in the form approved by the Required Lenders (such approval not to be unreasonably withheld, conditioned or delayed (giving deference to the expected funding date under the DIP Term Loan)) and entered into in connection with the DIP Junior Priority Collateral.

DIP Intercreditor Agreement means that certain Intercreditor Agreement, dated as of April 24, 2020, among Parent, the Borrower, the Collateral Agent, the Security Trustee, the borrowers party to the Pre-Petition First Lien Credit Agreement, the Existing DIP Collateral Agent, the Existing DIP Security Trustee, the Pre-Petition First Lien Security Agents and the other parties thereto, as amended, restated, supplemented or otherwise modified from time to time, including pursuant to that certain Joinder Agreement No. 1, dated as of the date hereof, among Parent, the Collateral Agent, the Security Trustee, and the other parties thereto.

DIP Intercreditor Agreement means that certain Intercreditor and Security Agreement, dated as of October 18, 2002, among the Debtors, the DIP LC Agent, the DIP LC Participants, SCTSC, the DIP Term Lender Agent, the DIP Term Lenders and the DIP Collateral Agent.

DIP Intercreditor Agreement means that certain Intercreditor Agreement, dated as of the date hereof, among Parent, the Borrower, the borrowers party to the Pre-Petition First Lien Credit Agreement, the Collateral Agent, the Security Trustee, the Pre-Petition First Lien Security Agents and the other parties thereto.

DIP Intercreditor Agreement means that certain Intercreditor Agreement, dated as of March 10, 2009, between Agent, the DIP Term Agent and the Credit Parties.

DIP Intercreditor Agreement means that certain intercreditor agreement, (as