Intercreditor Agent definition

Intercreditor Agent has the meaning given to such term in the Intercreditor Agreement.

Intercreditor Agent means the Person acting as agent on behalf of (a) the Issuer and the Indenture Trustee, with respect to amounts representing proceeds of the Receivables which are deposited in the Lockbox Account from time to time, and (b) other Persons, with respect to other amounts deposited in the Lockbox Account from time to time, in each case, pursuant to the terms of the Lockbox Intercreditor Agreement, and which agent will be (i) initially, Citibank, N.A. or its successor, or (ii) another Person named by the Servicer and in respect of which the Rating Agency Condition shall have been satisfied.

Intercreditor Agent means DB Trustees (Hong Kong) Limited, or its successors or assignees appointed pursuant to the Intercreditor Agreement.

Examples of Intercreditor Agent in a sentence

• This First Amendment shall be effective upon (x) the receipt by the Intercreditor Agent of executed counterparts of this First Amendment by the Company and each Guarantor and (y) the execution of this First Amendment by the Intercreditor Agent.

• This First Amendment shall be effective upon (a) the receipt by the Intercreditor Agent of executed counterparts of this First Amendment by the Borrower and each Guarantor and (b) the execution of this First Amendment by the Intercreditor Agent.

• The Collateral Agent will act on the instructions of the Intercreditor Agent (acting on the instructions of the relevant Instructing Group) with respect to the sale, liquidation or disposition and the applicable manner thereof with respect to the relevant collateral, in each case, subject to customary indemnification rights.

• Customary Collateral Agent and Intercreditor Agent costs and (if applicable) enforcement costs incurred by the Collateral Agent and Intercreditor Agent will rank ahead of all secured debt claims.

• All collateral security shall be granted to the Collateral Agent on behalf of the secured parties, and all enforcement instructions shall be made by the relevant Instructing Group, pursuant to item “Enforcement – Instructing Groups” above, to the Intercreditor Agent and then enforcement procedures shall be conducted by the Collateral Agent, pursuant to the instruction received.

More Definitions of Intercreditor Agent

Intercreditor Agent means Société Générale or any successor to it, appointed pursuant to the terms of the Intercreditor Agreement.

Intercreditor Agent means JPMCB, in its capacity as administrative agent for the Senior Lenders under the Credit Agreement and the other Senior Lender Documents entered into pursuant to the Credit Agreement, together with its successors (or if there is more than one Senior Credit Agreement, such agent or trustee as is designated “Intercreditor Agent” by Senior Lenders holding a majority of the Senior Lender Claims then outstanding) and permitted assigns under the Senior Credit Agreement exercising substantially the same rights and powers.

Intercreditor Agent means Scotiabank, in its capacity as Intercreditor Agent under the Intercreditor Agreement, and any successor Intercreditor Agent appointed pursuant to the terms of the Intercreditor Agreement.

Intercreditor Agent means Bankers Trust, in its capacity as the Agent under and pursuant to the terms of the Intercreditor Agreement.

Intercreditor Agent means Citibank, N.A., in its capacity as the “Intercreditor Agent” under and pursuant to the terms of the Intercreditor Agreement.

Intercreditor Agent has the meaning set forth in the Common Security and Account Agreement.

Intercreditor Agent has the meaning set forth in Section 6.16.