Examples of Existing Intercreditor Agreements in a sentence
Nothing herein shall amend or modify any provision of the Existing Intercreditor Agreements or any documents evidencing the Existing Creditor Indebtedness and New Lender and the Existing Creditors acknowledge and agree that the relative priorities of the Existing Creditors’ Liens, encumbrances and claims in and to the Collateral, as such exist among the Existing Creditors, will be set forth in the Existing Intercreditor Agreements.
Each Lender (in its capacity as such and on behalf of itself and its Affiliates as Cash Management Banks and Hedge Banks) hereunder (x) agrees that it will be bound by and will take no actions contrary to the provisions of the Existing Intercreditor Agreements and (y) authorizes and instructs Xxxxxxx Xxxxx to enter into the Existing Intercreditor Agreements as “Credit Agreement Agent” on behalf of such Lender.
For the avoidance of doubt, (a) this Agreement shall have no effect on any Existing Intercreditor Agreement, (b) Existing Intercreditor Agreements shall remain fully enforceable among the parties thereto, and (c) the rights of the Collateral Agent shall be subject to the terms of any and all Existing Intercreditor Agreements.
Neither this order nor the Intercreditor Agreement shall have any effect on Existing Intercreditor Agreements (as that term is defined in the Eighth Cash Collateral Order).
The provisions of this Section 7.09 shall survive the termination of this Agreement, the First Lien Intercreditor Agreement, [the Existing Intercreditor Agreements,] any other “Intercreditor Agreement” as defined in the First Lien Credit Agreement, any intercreditor agreement to which more than one Series of Second Lien Obligations is subject or the Security Documents or the resignation or removal of any Collateral Agent.