Initial Intercreditor Agreement definition

Initial Intercreditor Agreement means that certain Intercreditor Agreement dated as of the Agreement Date, by and among the Collateral Agent, Xxxxx Xxxxxxx Finance LLC, as the Initial Fixed Asset Collateral Agent (as defined therein), the other agents party thereto (if any) and the Obligors, as may be amended, restated, amended and restated, supplemented, waived or otherwise modified from time to time in accordance with the terms hereof and the provisions of such Intercreditor Agreement.

Initial Intercreditor Agreement the Intercreditor Agreement, dated as of the Closing Date, among Holdings, UK Holdco, the other Borrowers and the other Guarantors party thereto, Bank of America, N.A., as Credit Agreement Collateral Agent (as defined therein) for the Credit Agreement Secured Parties referred to therein, Wilmington Trust, National Association, as Initial Notes Collateral Agent (as defined therein) for the Notes Secured Parties referred to therein, and each additional Authorized Representative (as defined therein) from time to time party thereto for the Additional First Lien Secured Parties (as defined therein).

Initial Intercreditor Agreement shall have the meaning provided in Section 6.10.

Examples of Initial Intercreditor Agreement in a sentence

• Borrower and each of Borrower’s undersigned Subsidiaries each further acknowledge and agree that they are not an intended beneficiary or third party beneficiary under the Initial Intercreditor Agreement, as amended, restated, supplemented, or otherwise modified hereafter.

• The Agent and the Collateral Agent are hereby authorized to enter into the Initial Intercreditor Agreement and any other usual and customary intercreditor or subordination agreements or arrangements approved in writing by the Required Lenders (for purposes of this paragraph, any such agreement, an “Intercreditor Arrangement”) to the extent contemplated by the terms hereof, and the parties hereto acknowledge that each Intercreditor Arrangement is binding upon them.

• In the event of any conflict between the terms of the Initial Intercreditor Agreement and this Patent Security Agreement, the terms of the Initial Intercreditor Agreement shall govern and control.

• Notwithstanding anything herein to the contrary, the Liens and security interests granted to the Collateral Agent, for the benefit of the Secured Parties pursuant to this Agreement, and the exercise of any right or remedy by the Collateral Agent and the other Secured Parties hereunder, in each case, with respect to the Collateral and Liens securing any ABL Claims or Term Debt Claims are subject to the provisions of the Initial Intercreditor Agreement.

• In the event of any conflict between the terms of the Initial Intercreditor Agreement and this Copyright Security Agreement, the terms of the Initial Intercreditor Agreement shall govern and control.

More Definitions of Initial Intercreditor Agreement

Initial Intercreditor Agreement means the Intercreditor Agreement substantially in the form of Exhibit G hereto, dated as of the Closing Date, among, inter alios, the Second Lien Collateral Agent, as agent for the Second Lien Claimholders (as defined therein), the Administrative Agent, as agent for the First Lien Claimholders (as defined therein), and the Loan Parties from time to time party thereto.

Initial Intercreditor Agreement means the First Lien/Second Lien Intercreditor Agreement dated as of the Issue Date among the Senior Agent, the Collateral Agent, the Company and each Guarantor, as it may be amended, restated, amended and restated, supplemented, replaced or otherwise modified from time to time, in accordance with this Indenture.

Initial Intercreditor Agreement means that certain ABL Intercreditor Agreement, dated as of the Closing Date, among, inter alia, Holdings, the Lead Borrower, the Common Collateral Agent and the Administrative Agent, as amended, modified, supplemented, substituted, replaced or restated, in whole or in part, from time to time in accordance with the terms thereof.

Initial Intercreditor Agreement means any intercreditor agreement substantially in the form of Exhibit G hereto.

Initial Intercreditor Agreement means that certain Intercreditor and Proceeds Agreement dated as of February 28, 2020 by and among certain of the parties hereto, together with all amendments, supplements and other modifications thereto, as in effect immediately prior to the Restatement Date.

Initial Intercreditor Agreement shall have the meaning assigned to such term in the recitals to this Agreement.

Initial Intercreditor Agreement means the intercreditor agreement between Purchaser, the Seller GPSA Entities, Braydon and Trans Oceanic, in form and substance satisfactory to each of the parties thereto, to be entered into on or before the First Tranche Closing Date.