Hedge Intercreditor Agreement definition

Hedge Intercreditor Agreement that certain Second Amended and Restated Intercreditor Agreement dated as of April 20, 2016, among MLP Parent and its Subsidiaries, Wilmington Trust, National Association as "Fixed Asset Collateral Trustee" and Agent, including any replacement thereof approved by Agent from time to time.

Hedge Intercreditor Agreement means an intercreditor agreement by and among an Approved Counterparty, the Administrative Agent and the Borrower, in form and substance satisfactory to the Administrative Agent.

Hedge Intercreditor Agreement means (i) that certain Intercreditor Agreement, dated as of November 17, 2020, by and among Shell Trading Risk Management, LLC, a Delaware limited liability company, any other hedge counterparty party thereto, the Borrower and the Administrative Agent as the Administrative Agent (as defined therein), as amended, modified, supplemented or replaced from time to time and/or (ii) any other customary hedge intercreditor agreement in form and substance reasonably acceptable to the Administrative Agent, the Required Lenders and the Borrower, as the context may require; provided, that no Hedge Intercreditor Agreement shall (x) permit any Obligations owed to any Designated Approved Counterparty thereunder to be secured by Collateral on a senior priority basis to the Obligations owed to any other Approved Counterparty or (y) modify, or purport to modify, the provisions of Section 3.1 (or any comparable provision in any Security Document pertaining to the priority of payments).

Examples of Hedge Intercreditor Agreement in a sentence

• Each Lender hereby authorizes Agent (for and on behalf of Agent and Lenders) to execute and deliver, and to comply with all terms and provisions of, the Hedge Intercreditor Agreement.

• In the event of a conflict between the provisions of any of the Loan Documents and the provisions of the Hedge Intercreditor Agreement, the provisions of the Hedge Intercreditor Agreement shall control.

• This Third Amendment shall be deemed to be a written notice of termination described in clause (iii) of Section 5.04 of the Hedge Intercreditor Agreement.

• Without limiting the generality of the foregoing, each Grantor agrees that the Agent shall have the right, after the occurrence of an Event of Default and subject to the Hedge Intercreditor Agreement and the applicable Requirements of Law, to sell or otherwise dispose of all or any part of the Collateral at a public or private sale or at any broker’s board or on any securities exchange, for cash, upon credit or for future delivery as the Agent shall deem appropriate.

• This Mortgage shall be deemed to be encompassed by the definition of “Security Instruments” as such term is defined and used in any Hedge Intercreditor Agreement that may be in effect from time to time.

More Definitions of Hedge Intercreditor Agreement

Hedge Intercreditor Agreement means each intercreditor agreement among the Borrower, one or more Approved Swap Counterparties and the Lender, as in effect from time to time and as any such intercreditor agreement is amended from time to time.

Hedge Intercreditor Agreement means (i) that certain Intercreditor Agreement, dated as of November 17, 2020, by and among Shell Trading Risk Management, LLC, a Delaware limited liability company, any other hedge counterparty party thereto, the Borrower and the Administrative Agent as the Administrative Agent (as defined therein), as amended, modified, supplemented or replaced from time to time and (ii) any other customary hedge intercreditor agreement in form and substance reasonably acceptable to the Administrative Agent and the Borrower.

Hedge Intercreditor Agreement means an Intercreditor Agreement dated as of the Closing Date among the Loan Parties, the Secured Third Party Hedge Providers and Administrative Agent, in such form and substance as is reasonably acceptable to Administrative Agent.

Hedge Intercreditor Agreement means an “Intercreditor Agreement” among the Borrower, one or more Swap Counterparties and Independent Bank, as amended, restated, supplemented or otherwise modified from time to time, and any other agreement from time to time in effect among the Borrower, Independent Bank and any other swap counterparty serving a similar purpose.

Hedge Intercreditor Agreement means the Intercreditor Agreement, dated as of the date hereof, by and among the Borrower, the Guarantors, the Administrative Agent, the Collateral Agent and one or more Approved Counterparties, as the same may from time to time be amended, amended and restated, modified or supplemented.

Hedge Intercreditor Agreement means “Intercreditor Agreement” as such term is defined in the Senior Secured Notes Indenture.

Hedge Intercreditor Agreement that certain Amended and Restated Intercreditor Agreement dated as of April 21, 2011, among Agent, Bank of America, as “Secured Hedge Agent”, MLP Parent and certain Affiliates of MLP Parent, including any replacement thereof approved by Agent from time to time. SECOND AMENDED AND RESTATED CREDIT AGREEMENT – Page 28 “Hedging Agreement” - any “swap agreement” as defined in Section 101(53B)(A) of the Bankruptcy Code.