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

  • The Intercreditor Agent may demand specific performance of this Agreement.

  • Nothing in this Agreement impairs or otherwise adversely affects any rights or remedies the Intercreditor Agent or the Senior Lenders may have with respect to the Senior Lender Collateral.

  • The Intercreditor Agent represents and warrants that this Agreement is binding upon the Senior Lenders.

  • Each Second-Priority Agent, on behalf of itself and each applicable Second-Priority Secured Party, hereby irrevocably waives any defense based on the adequacy of a remedy at law and any other defense that might be asserted to bar the remedy of specific performance in any action that may be brought by the Intercreditor Agent.

  • If any Second-Priority Agent or any Second-Priority Secured Party shall, at any time, receive any proceeds of any such insurance policy or any such award in contravention of this Agreement, it shall pay such proceeds over to the Intercreditor Agent in accordance with the terms of Section 4.2.


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 Citibank, N.A., in its capacity as the “Intercreditor Agent” under and 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 has the meaning set forth in the Common Security and Account Agreement.
Intercreditor Agent means the person designated as the “Intercreditor Agent” pursuant to the terms of the Intercreditor Agreement from time to time.