Intercreditor Joinder definition

Intercreditor Joinder means, with respect to the provisions of this Agreement relating to any Additional Secured Debt, an agreement substantially in the form of Exhibit B.

Intercreditor Joinder means (i) with respect to the provisions of this Agreement relating to any Funded Debt described in clause (3) of the definition of “First Lien Debt”, in clause (2) of the definition of “Second Lien Debt” or clause (2) of the definition of “Third Lien Debt”, an agreement substantially in the form of Exhibit B, (ii) with respect to the provisions of this Agreement relating to the addition of additional Grantors, an agreement substantially in the form of Exhibit C and (iii) with respect to the provisions of this Agreement relating to any Hedging Obligations or Bank Product Obligations, an agreement substantially in the form of Exhibit E.

Intercreditor Joinder means (1) with respect to the provisions of this Agreement relating to any Parity Lien Obligations, an agreement substantially in the form of Exhibit B and (2) with respect to the provisions of this Agreement relating to the addition of additional Grantors, an agreement substantially in the form of Exhibit C.

Examples of Intercreditor Joinder in a sentence

• The provisions of Article 8 of the Collateral Agency and Intercreditor Agreement will apply with like effect to this Collateral Agency and Intercreditor Joinder.

• Upon receipt by the Senior Creditors of an Intercreditor Joinder Agreement from a subsidiary of the Borrower, such subsidiary shall be considered a Subordinated Creditor under the terms of this Intercreditor Agreement.

• On and after the date hereof, each reference in the Agreement to the “Intercreditor Agreement” shall be deemed to be a reference to the Intercreditor Agreement as amended by the Intercreditor Joinder.

• This Intercreditor Joinder Agreement, dated as of [●] [●], 20[●] (this “Joinder Agreement”), is being delivered pursuant to requirements of the Intercreditor Agreement.

• Although the Borrower shall be required to deliver a copy of each Additional Secured Obligation Designation and each Intercreditor Joinder to each then existing Secured Debt Representative, the failure to so deliver a copy of the Additional Secured Obligation Designation and/or Intercreditor Joinder to any then existing Secured Debt Representative shall not affect the status of such obligations as Secured Obligations if the other requirements of this Section 3.9 are complied with.

More Definitions of Intercreditor Joinder

Intercreditor Joinder means that certain Xxxxxxx and Amendment to Multi Lien Intercreditor Agreement, dated as of the Closing Date, by and among the Administrative Agent, the Collateral Agent, and the Company.

Intercreditor Joinder means a joinder to the Intercreditor Agreement executed by the Company and the Notes Collateral Agent in form and substance reasonably satisfactory to the Purchaser.

Intercreditor Joinder means a joinder agreement substantially in the form of Exhibit B.

Intercreditor Joinder shall have the meaning assigned to such term in the definition of “Intecreditor Agreement.”

Intercreditor Joinder means that certain Joinder and Amendment to Multi Lien Intercreditor Agreement, dated as of the Closing Date, by and among the Administrative Agent, the Collateral Agent, and the Company.

Intercreditor Joinder means the joinder to the Intercreditor Agreement, dated as of [●], 2024, by and among SWEPCO, the Issuer, the Indenture Trustee, AEP Credit, Inc., and JPMorgan Chase Bank, N.A.; as the same may be amended, restated, supplemented or otherwise modified from time to time.

Intercreditor Joinder has the meaning set forth in Section 8.3(i).