Intercreditor Arrangements definition

Intercreditor Arrangements means the First Lien Intercreditor Agreement and the Existing Intercreditor Agreement, in each case as amended, novated, supplemented, restated, or modified from time to time.

Intercreditor Arrangements means the First Lien Intercreditor Agreement and any other document that is designated by the Loan Parties’ Agent and the Collateral Agent as an intercreditor agreement, in each case as amended, novated, supplemented, restated, replaced or modified from time to time;

Intercreditor Arrangements means the subordination arrangements between, inter alios, the External Senior Creditors, External Second Senior Creditors, External Third Senior Creditors, External Fourth Senior Creditors, External Intervening Creditors, External Subordinated Creditors and the Trustee on behalf of the Noteholders established pursuant to the Security Documents.

Examples of Intercreditor Arrangements in a sentence

• In the event of a conflict between the terms of this Agreement and the Intercreditor Arrangements, the terms of the Intercreditor Arrangements will prevail.

• The Collateral Agent may assign and transfer all or any of its rights and obligations under this Agreement to facilitate the performance of its role as Collateral Agent under the Loan Documents in accordance with the Intercreditor Arrangements.

• Any liberty or power which may be exercised or any determination which may be made under this Agreement by the Collateral Agent or any Receiver may, subject to the terms and conditions of the Intercreditor Arrangements and to any requirement of reasonableness required under this Agreement, be exercised or made in its absolute and unfettered discretion without any obligation to give reasons.

• The Collateral Agent may assign and transfer all or any of its rights and obligations under this Debenture to facilitate the performance of its role as Collateral Agent under the Loan Documents in accordance with the Intercreditor Arrangements.

• Any liberty or power which may be exercised or any determination which may be made under this Debenture by the Collateral Agent or any Receiver may, subject to the terms and conditions of the Intercreditor Arrangements and to any requirement of reasonableness required under this Debenture, be exercised or made in its absolute and unfettered discretion without any obligation to give reasons.

More Definitions of Intercreditor Arrangements

Intercreditor Arrangements means the First Lien Intercreditor Agreement and the Existing Intercreditor Agreement, in each case as amended, novated, supplemented, restated or modified from time to time.

Intercreditor Arrangements. The intercreditor principles with respect to the AssetCo Bonds and AssetCo IGLs should be relatively straightforward and can be addressed in a simple security document. Pursuant to that security document, the AssetCo IGLs will be subordinated for as long as the AssetCo Bonds are outstanding and will be assigned by way of security in favour of the Security Trustee so as to enable them to be sold on enforcement of that security; release provisions can also be dealt with in the security document relating to the AssetCo IGLs. Proceeds of AssetCo Bond security enforcement will be applied as between holders of AssetCo Bonds in the manner provided in the AssetCo Bond Term Sheet. The ranking and treatment of debts owing by AssetCo to TradingCo to be addressed. in connection with the Business Separation to be determined in accordance with the Business Separation Term Sheets. Upon enforcement of the security over the shares in AssetCo, the Security Agent shall be permitted to release the AssetCo Bonds and related guarantees.

Intercreditor Arrangements means the intercreditor deed referred to in Schedule 3 Part 1 paragraph E(3) (Conditions Precedent).

Intercreditor Arrangements means the subordination arrangements between, inter alios, the External Senior Creditors, External Second Senior Creditors, External Third Senior Creditors, and Holders (other than Holders of any Intervening Indebtedness in the form of notes) of any Intervening Indebtedness from time to time and the Trustee on behalf of the Noteholders established pursuant to the Security Documents.

Intercreditor Arrangements means the Intercreditor Agreement any Additional Intercreditor Agreement as well as those provisions of the Senior Indenture and the Subordinated Indenture, regarding the relation between the creditors with respect to the security interests of different ranks over the Pledged Portfolio.

Intercreditor Arrangements means the Intercreditor Agreement, any Additional Intercreditor Agreement as well as those provisions of the Senior Indenture and the Subordinated Indenture, regarding the relation between the creditors with respect to the security interest of different ranks over the Pledged Claims.

Intercreditor Arrangements. As described in the First Lien Facilities Term Sheet.