Intercreditor Amendment definition
Examples of Intercreditor Amendment in a sentence
The Intercreditor Amendment shall have been duly executed and delivered by each party thereto and shall remain in full force and effect.
The Administrative Agent is authorized to become a party to the ABL Intercreditor Agreement pursuant to the ABL Intercreditor Amendment (and enter into the ABL Intercreditor Agreement in respect of any Permitted Refinancing of ABL Facility Indebtedness), and each of the parties hereto acknowledges that it has received a copy of the ABL Intercreditor Agreement and that the ABL Intercreditor Agreement is binding upon it.
Each party hereto hereby consents to the terms and provisions of the Intercreditor Amendment and the execution and delivery of the Intercreditor Amendment by Holdings, the Borrowers, O.S. ▇▇▇▇▇ and the Administrative Agent.
Subject to the terms of this Amendment and to the extent required to make such agreements effective, the Administrative Agent and the Lenders hereby consent to (a) the execution and delivery of the Senior Credit Agreement Amendment and the terms and conditions thereof and (b) the execution and delivery of the Intercreditor Amendment and the terms and conditions thereof.
The Administrative Agent shall have received multiple original counterparts, as requested by the Administrative Agent, of (a) this Agreement duly and validly executed and delivered by duly authorized officers of the Borrower, the Administrative Agent, the Issuing Lender and the Lenders and (b) the Intercreditor Amendment.