Examples of Intercreditor Agents in a sentence
The Borrower must indemnify the Intercreditor Agent for any loss or liability incurred by the Intercreditor Agent in acting as the Intercreditor Agent under this Agreement, except to the extent that the loss or liability is directly caused by the Intercreditor Agent's gross negligence or wilful misconduct.
Upon the occurrence and during the continuation of any Event of Default, at the Intercreditor Agent's request, Debtors shall promptly deliver copies of any and all such records to the Intercreditor Agent.
Without limitation of the Intercreditor Agreement, the undersigned agree, at the Company’s expense, to take such further action and to execute and deliver such additional documents and instruments (in recordable form, if requested) as any of the Company, the Intercreditor Agents, the Trustee or any other First Lien Agent or Second Priority Agent may reasonably request to effectuate the terms of the Intercreditor Agreement.
Neither the Intercreditor Agent nor any of its officers, directors, employees or agents shall be liable to any Secured Credit Party or any other Person for any action taken or omitted by the Intercreditor Agent under or in connection with this Agreement, the Related Collateral Agreements or the Collateral except to the extent caused by the Intercreditor Agent's gross negligence, bad faith or willful misconduct.
Pledgor agrees to indemnify Intercreditor Agent from and against any and all claims, losses and liabilities in any way relating to, growing out of or resulting from this Agreement and the transactions contemplated hereby (including enforcement of this Agreement), except to the extent such claims, losses or liabilities result solely from Intercreditor Agent's gross negligence or wilful misconduct as finally determined by a court of competent jurisdiction.
Section 4.01 Convenants of the Parent and AESC 21 Section 4.02 Obligations Absolute 22 Section 4.03 No Offset 25 Section 4.04 Waivers 25 Section 5.01 Authorization and Action 26 Section 5.02 Intercreditor Agent's Reliance, Etc.
Debtor acknowledges and agrees that, pursuant to and in accordance with the terms of the Intercreditor Agreement, one or more additional or successor Intercreditor Agents, or other agents or representatives of the Intercreditor Agent may be appointed, by written notice to Debtor, and such person or persons shall be entitled to exercise or perform all or a portion of the duties or obligations of the Intercreditor Agent hereunder in accordance with the terms of such appointment.
Neither Intercreditor Agent nor any of its officers, directors, employees or agents shall be liable to any Credit Party or any other Person for any action taken or omitted by Intercreditor Agent under or in connection with this Agreement, the Disbursement Agreement, the Related Collateral Agreements, or the Collateral except to the extent caused by Intercreditor Agent's gross negligence, bad faith or willful misconduct.
The Borrower shall not make any [structural] changes to the Financial Model without the Intercreditor Agent's prior written consent.
Financial Institution shall take such further actions as Intercreditor Agent shall reasonably request as being necessary or desirable to maintain or achieve perfection or priority of Intercreditor Agent's security interest with respect to the Collateral and to permit Intercreditor Agent to exercise its rights with respect to the Collateral.