Exit Intercreditor Agreement definition

Exit Intercreditor Agreement means the intercreditor agreement by and among the Reorganized Debtors, the Exit ABL Facility Agent and the Exit Term Facility Agent, to be effective on the Effective Date, which agreement shall be (a) satisfactory in form and substance to the Debtors, the Reorganized Debtors, the Majority Consenting Term Lenders, the Exit ABL Facility Agent (with the consent of Exit ABL Facility Lenders as determined in accordance with the Exit ABL Facility terms), and the Exit Term Facility Agent (with the consent of Exit Term Facility Lenders holding, in the aggregate, at least 50.1% of the principal amount of the total outstanding loans under the Exit Term Facility as of such date) and (b) substantially in the form contained in the Plan Supplement.
Exit Intercreditor Agreement means an intercreditor agreement by and among the respective agents under the Exit Priority Term Loan Credit Agreement and the Exit Take Back Term Loan Credit Agreement in form and substance satisfactory to the Required Consenting First Lien Lenders and the Required Exit Priority Term Loan Facility Backstop Parties.
Exit Intercreditor Agreement means that certain intercreditor agreement, upon terms and conditions substantially similar to those of the DIP Intercreditor Agreement, subject to certain modifications acceptable to the Exit Lenders, including those set forth on Annex A to the Term Loan Exit Term Sheet. A form of the Exit Intercreditor Agreement shall be included in the Plan Supplement.

Examples of Exit Intercreditor Agreement in a sentence

  • On the Effective Date, the Exit Facilities shall be governed by the Exit Intercreditor Agreement.

  • Exit Intercreditor Agreement Amendment The Exit Facilities will be subject to the Exit Intercreditor Agreement, which shall be effective as of the Plan Effective Date (and shall relate to and establish the relative priorities and rights of the Exit ABL Loans, the Exit FILO Loans, and the Exit Term Loans, and which shall be substantially similar to the Existing Intercreditor Agreement (as amended, amended and restated, and/or replaced).


More Definitions of Exit Intercreditor Agreement

Exit Intercreditor Agreement means the intercreditor agreement governing the rights of the Exit Facility Agent and the New Second Lien Agent with respect to the Exit Facility Collateral, which shall be in the same form as the Existing Intercreditor Agreement with such other modifications consistent with the Restructuring Support Agreement and as mutually agreed to among the Exit Facility Agent, the New Second Lien Agent, the Exit Facility Lenders, and the New Second Lien Lenders.
Exit Intercreditor Agreement means the intercreditor agreement(s) to be effective as of the Plan Effective Date relating to the Exit Facilities, which may be the Existing Intercreditor Agreement (as amended, amended and restated, and/or replaced) or substantially similar to the Existing Intercreditor Agreement (as amended, amended and restated, and/or replaced).
Exit Intercreditor Agreement means the intercreditor agreement between the Exit First Lien Agent and the Exit Second Lien Agent governing the relative rights of such parties with respect to the Exit First Lien Credit Facility and Exit Second Lien Credit Facility, the form of which is attached as Exhibit C.
Exit Intercreditor Agreement means an intercreditor agreement by and among the agent under the Exit Take-Back Debt Facility and the agent under the Exit ABL Facility.
Exit Intercreditor Agreement means one or more intercreditor agreements by and among the agent and trustees under the Exit ABL Credit Agreement, the Exit Secured Notes Indenture or the Replacement First Lien Financing (as defined in the Restructuring Term Sheet), as applicable, and/or the Exit Term Facility Agreement in each case in form and substance reasonably satisfactory to (a) the Debtors, (b) the Required Consenting Noteholders and (c) the Required Ad Hoc First Lien Consenting Noteholders.
Exit Intercreditor Agreement means that certain intercreditor agreement governing the relative priorities between the collateral grants under the Exit ABL Credit Agreement and Exit Take Back Debt Agreement.
Exit Intercreditor Agreement means the intercreditor agreement by and among the