First Lien Pari Passu Intercreditor Agreement definition

First Lien Pari Passu Intercreditor Agreement means an agreement among each First Lien Representative and each First Lien Collateral Agent allocating rights among the various Series of First Lien Obligations.

First Lien Pari Passu Intercreditor Agreement means that certain First Lien Intercreditor Agreement, dated as of May 1, 2019, by and among the Company, Holdings, the other Grantors party thereto from time to time, the First Lien Credit Agreement Representative, the First Lien Notes (2029) Representative, the First Lien Notes (2030) Representative, the First Lien Notes (2031) Representative and the Existing 2028 Notes Representative and certain other parties thereto from time to time, as amended, restated, amended and restated, supplemented or otherwise modified from time to time.

First Lien Pari Passu Intercreditor Agreement has the meaning assigned to such term in the First Lien Credit Agreement.

Examples of First Lien Pari Passu Intercreditor Agreement in a sentence

• In the event of a conflict between the provisions of this Agreement and the First Lien Pari Passu Intercreditor Agreement, the provisions of the First Lien Pari Passu Intercreditor Agreement shall govern.

More Definitions of First Lien Pari Passu Intercreditor Agreement

First Lien Pari Passu Intercreditor Agreement means the intercreditor agreement, dated as of April 24, 2020, among U.S Bank National Association, as collateral agent with respect to the First Lien Notes, Citicorp North America, Inc., as collateral agent with respect to the First Lien Credit Facilities, the Company, the guarantors party thereto and each additional agent from time to time party thereto (as the same may be amended, restated, renewed, replaced or otherwise modified from time to time).

First Lien Pari Passu Intercreditor Agreement means that certain intercreditor agreement, dated as of the Issue Date, by and among the Superpriority Credit Facility Collateral Agent, Superpriority Credit Facility Administrative Agent, the 2025 Notes Trustees, the 2025 Notes Collateral Agents, the 2025 Credit Facility Administrative Agent, the 2025 Credit Facility Collateral Agent, the 2023 Credit Facility Administrative Agent, the 2023 Credit Facility Collateral Agent and each additional agent from time to time party thereto, and acknowledged by the grantors from time to time party thereto, as may be amended, restated, supplemented or replaced, in whole or in part, from time to time.

First Lien Pari Passu Intercreditor Agreement means an agreement entered into by the First Priority Collateral Agent and the representative of the holders of additional First Priority Obligations, in substantially the form agreed and authorized by the First Priority Secured Parties.

First Lien Pari Passu Intercreditor Agreement means any intercreditor agreement among the Agents (or any of them) one or more Representatives for holders of Indebtedness permitted by this Agreement to be secured by the Collateral on a pari passu basis (but without regard to the control of remedies) (and any other Persons party thereto) with the Loan Document Obligations in customary form reasonably acceptable to the Administrative Agent and the Lead Borrower, as amended, amended and restated, modified, supplemented, extended or renewed from time to time not in violation of the terms hereof or thereof.

First Lien Pari Passu Intercreditor Agreement means an intercreditor agreement substantially in the form of Exhibit J hereto (which agreement in such form, or with immaterial changes thereto, the Administrative Agent is authorized to enter into) together with any material changes thereto which are reasonably acceptable to the Administrative Agent and which material changes shall be posted to the Lenders not less than five (5) Business Days before execution thereof and, if the Required Lenders shall not have objected to such changes within five (5) Business Days after posting, then the Required Lenders shall be deemed to have agreed that the Administrative Agent’s entry into such intercreditor agreement (with such changes) is reasonable and to have consented to such intercreditor agreement (with such changes) and to the Administrative Agent’s execution thereof.

First Lien Pari Passu Intercreditor Agreement means [the Collateral Trust Agreement or]7 one or more intercreditor agreements among the Administrative Agent (as defined in the First Lien Credit Agreement) and/or First Lien Collateral Representative, on the one hand, and one or more senior representatives for the holders of Additional Senior Debt that are intended to be or are senior to the Junior Priority Debt in any or all respects, on the other hand, and any other Person party thereto (including, without limitation, any Grantor), in each case, as may be amended, restated, amended and restated, modified, supplemented or replaced from time to time.

First Lien Pari Passu Intercreditor Agreement means any intercreditor agreement among the Agents (or any of them) one or more Representatives for holders of Indebtedness permitted by this Agreement to be secured by the Collateral (and from and after Payment in Full of Badcock Obligations, the Badcock Collateral) on a pari passu basis (but without regard to the control of remedies) (and any other Persons party thereto) with the Loan Document Obligations in customary form reasonably acceptable to the Administrative Agent and the Lead Borrower, as amended, amended and restated, modified, supplemented, extended or renewed from time to time not in violation of the terms hereof or thereof.