Examples of Intercreditor and Subordination Agreement in a sentence
Collateral Agent and Lenders consent to Borrowers' entering into a replacement Senior Loan on the date hereof, as contemplated by that Intercreditor and Subordination Agreement dated as of the date hereof, by and among First Bank, as Administrative Agent for the replacement Senior Lenders, Collateral Agent, Lenders, and Borrowers.
Bank, CSFBM, Administrative Agent, each Lender, Holdings, each Subsidiary and Westbridge have previously entered into the Intercreditor and Subordination Agreement dated as of December 31, 2003 (such agreement, together with all amendments and restatements, the “Intercreditor Subordination Agreement”).
The parties acknowledge that, pursuant to Section 2.3 of that certain Intercreditor and Subordination Agreement by and among Borrower, Lender and Bank of America, N.A. dated as of January 11, 2007 (the “Subordination Agreement”), this Amendment is subject to the consent of the Atlantic Capital Bank, the sole Required Senior Creditor (as such term is defined in the Subordination Agreement) under the Subordination Agreement on the date of this Amendment.
Each of the undersigned hereby acknowledges and consents to the foregoing Second Amended and Restated Intercreditor and Subordination Agreement and agrees to cooperate with the parties thereto to insure enforcement of the priorities and other provisions specified therein, and not to make any payments to Subordinated Lender that are not expressly permitted under Sections 6 and 7 thereof.
Capital One, the County Board, and APAH will execute an [Intercreditor and Subordination Agreement], dated as of the date herewith, in order to, among other things, set forth the respective rights and obligations of the parties thereto.