Junior Lien Intercreditor Agreements definition

Junior Lien Intercreditor Agreements means one or more intercreditor agreements substantially in the form of Exhibit I or such other form as shall be reasonably satisfactory to both Holdings and the Administrative Agent.
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Junior Lien Intercreditor Agreements means each of the Second Lien Intercreditor Agreement and the Third Lien Intercreditor Agreement.
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Junior Lien Intercreditor Agreements means (a) the Second Lien Intercreditor Agreement and (b) any other intercreditor agreements governing any junior priority liens on the Collateral (junior to both the ABL Obligations and the First-Priority Lien Obligations) that is incurred after the date hereof in compliance with the ABL Facility and the First-Priority Lien Obligations Credit Documents.
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Examples of Junior Lien Intercreditor Agreements in a sentence

  • Junior Lien Intercreditor Agreements; Non Disturbance Agreements 27 Annexes and Exhibits Annex A Form of Consent of Grantors Annex B Form of Joinder This FIRST LIEN/FIRST LIEN INTERCREDITOR AGREEMENT (as amended, restated, modified or supplemented from time to time, this “Agreement’), dated as of July 13, 2016, is among XXXXXX XXXXXXX SENIOR FUNDING, INC.

  • The ABL Facility Collateral Agent, the First-Lien Collateral Agent, the Applicable First-Lien Agent, each Other First-Priority Lien Obligations Representative and each Other First-Priority Lien Obligations Collateral Agent hereby appoint the ABL Facility Collateral Agent to act as “Intercreditor Agent” on their behalf pursuant to the Junior Lien Intercreditor Agreements (the “Intercreditor Agent”).

  • The Lenders constituting the Majority Lenders hereby authorize and direct the Administrative Agent and the Collateral Agent to enter into, to the extent contemplated to be entered into pursuant to the Credit Agreement, the Junior Lien Intercreditor Agreements.

  • Junior Lien Intercreditor Agreements 28 Annex Annex A Acknowledgement of Grantors Annex B Joinder This FIRST LIEN/FIRST LIEN INTERCREDITOR AGREEMENT (as amended, restated, modified or supplemented from time to time, this “Agreement’), dated as of [ ], 2016, is among XXXXXX XXXXXXX SENIOR FUNDING, INC.


More Definitions of Junior Lien Intercreditor Agreements

Junior Lien Intercreditor Agreements means (a) the Intercreditor Agreement, dated as of May 25, 2012 (as amended, supplemented or otherwise modified from time to time), among JPMorgan Chase Bank, N.A., as intercreditor agent and as senior-priority agent for the senior lender claims under the ABL Credit Agreement, JPMorgan Chase Bank, N.A., as senior-priority agent for the senior lender claims under the Cash Flow Credit Agreement, The Bank of New York Mellon Trust Company, N.A., as senior-priority agent for the senior lender claims under the First-Lien Note Indenture, The Bank of New York Mellon Trust Company, N.A., as trustee and collateral agent, the Company and the Subsidiaries of the Company party thereto, as amended, supplemented, restated or otherwise modified from time to time before or after the date hereof, (b) the Intercreditor Agreement, dated as of November 16, 2012 (as amended, supplemented or otherwise modified from time to time), among JPMorgan Chase Bank, N.A., as intercreditor agent and senior-priority agent for the senior lender claims under the ABL Credit Agreement, JPMorgan Chase Bank, N.A., as senior-priority agent for the senior lender claims under the Cash Flow Credit Agreement, The Bank of New York Mellon Trust Company, N.A., as senior-priority agent for the senior lender claims under the First-Lien Note Indenture, The Bank of New York Mellon Trust Company, N.A., as senior-priority agent for the senior lender claims under the 1-1/2 Lien Notes Indenture (as defined in such Intercreditor Agreement), The Bank of New York Mellon Trust Company, N.A., as trustee, collateral agent and second-priority designated agent under the Second Lien Notes Indenture (as defined in such Intercreditor Agreement), the Company and the Subsidiaries of the Company party thereto, as amended, supplemented, restated or otherwise modified from time to time before or after the date hereof, and (c) any other intercreditor agreements governing any junior priority liens on the Collateral (junior to both the ABL Obligations and the First-Priority Lien Obligations) that is incurred after the Issue Date in compliance with the ABL Facility and the First-Priority Lien Obligations Credit Documents.
Sample 1
Junior Lien Intercreditor Agreements means (a) the Intercreditor Agreement, dated as of January 29, 2010, among JPMorgan Chase Bank, N.A., as intercreditor agent and as senior-priority agent for the senior lender claims under the ABL Facility, Wilmington Trust, National Association, as senior-priority agent for the senior lender claims under the First-Lien Note Indenture, Wilmington Trust, National Association (as successor by merger to Wilmington Trust FSB), as trustee and collateral agent, Holdings, the U.S. Borrower and the Subsidiaries of the U.S. Borrower party thereto, as amended, supplemented, restated or otherwise modified from time to time before or after the date hereof, (b) the Amended and Restated Intercreditor Agreement, dated as of January 31, 2013, among JPMorgan Chase Bank, N.A., as intercreditor agent and as senior-priority agent for the senior lender claims under the ABL Facility, Wilmington Trust, National Association (as successor by merger to Wilmington Trust FSB), as senior-priority agent for the holders of the notes issued under the 1.5 Lien Indenture (as defined therein), Wilmington Trust, National Association, as senior-priority agent for the holders of the notes issued under the First-Lien Note Indenture, Wilmington Trust Company, as trustee and collateral agent, Holdings, the U.S. Borrower and the Subsidiaries of the U.S. Borrower party thereto, as amended, supplemented, restated or otherwise modified from time to time before or after the date hereof, and (c) any other intercreditor agreements governing any junior priority liens on the Collateral (junior to both the ABL Obligations and the First-Priority Lien Obligations) that is incurred after the Issue Date in compliance with the ABL Facility and any First-Priority Lien Obligations Credit Documents.
Sample 1

Related to Junior Lien Intercreditor Agreements

  • Junior Lien Intercreditor Agreement means an intercreditor agreement in form and substance reasonably satisfactory to the Administrative Agent between the Administrative Agent and one or more collateral agents or representatives for the holders of Indebtedness that is secured by a Lien on the Collateral ranking junior to the Liens of the Loan Documents.

  • Second Lien Intercreditor Agreement means a First Lien/Second Lien Intercreditor Agreement substantially in the form of Exhibit I-2 (with such changes to such form as may be reasonably acceptable to the Administrative Agent and the Borrower) among the Administrative Agent, the Collateral Agent and the representatives for purposes thereof of any other Permitted Other Indebtedness Secured Parties that are holders of Permitted Other Indebtedness Obligations having a Lien on the Collateral ranking junior to the Lien securing the Obligations.

  • First Lien Intercreditor Agreement means the First Lien Intercreditor Agreement substantially in the form of Exhibit G among the Administrative Agent and one or more Senior Representatives for holders of Permitted First Priority Refinancing Debt, with such modifications thereto as the Administrative Agent may reasonably agree.

  • First Lien/Second Lien Intercreditor Agreement means an intercreditor agreement substantially in the form of Exhibit H hereto, or such other customary form reasonably acceptable to the Administrative Agent and the Borrower, in each case, as such document may be amended, restated, supplemented or otherwise modified from time to time.

  • ABL Intercreditor Agreement means that certain ABL Intercreditor Agreement, dated as of the Closing Date, by and among the Collateral Agent, the ABL Collateral Agent and the other parties party thereto, as may be amended, amended and restated, modified, supplemented, extended or renewed from time to time in accordance with the terms hereof and thereof.

  • Intercreditor Agreements means the First Lien Intercreditor Agreement and the Second Lien Intercreditor Agreement, collectively, in each case to the extent in effect.

  • Intercreditor Agreement means the Intercreditor Agreement dated as of the Issue Date (and as may be amended, restated, amended and restated, supplemented or otherwise modified from time to time), between, among others, the Company, the Guarantors, the Trustee, the Collateral Agent, and each additional authorized representative and collateral agent from time to time party thereto.

  • Other Intercreditor Agreement an intercreditor agreement in form and substance reasonably satisfactory to the Borrower and the Collateral Agent.

  • ABL/Term Loan Intercreditor Agreement as defined in the recitals hereto.

  • Permitted Pari Passu Intercreditor Agreement means, with respect to any Liens on Collateral that are intended to be pari passu with the Liens securing the Term B Loans (and other Loan Obligations that are pari passu with the Term B Loans), either (as the Borrower shall elect) (x) the First Lien/First Lien Intercreditor Agreement, (y) another intercreditor agreement not materially less favorable to the Lenders vis-à-vis such pari passu Liens than the First Lien/First Lien Intercreditor Agreement (as determined by the Borrower in good faith) or (z) another intercreditor agreement the terms of which are consistent with market terms governing security arrangements for the sharing of liens on a pari passu basis at the time such intercreditor agreement is proposed to be established in light of the type of Indebtedness to be secured by such liens, as determined by the Administrative Agent and the Borrower in the exercise of reasonable judgment.

  • Pari Passu Intercreditor Agreement means an intercreditor agreement among the Administrative Agent and the other parties from time to time party thereto, substantially in the form of Exhibit I.

  • Permitted Junior Intercreditor Agreement means, with respect to any Liens on Collateral that are intended to be junior to any Liens securing the Term B Loans (and other Loan Obligations that are pari passu with the Term B Loans) (including, for the avoidance of doubt, junior Liens pursuant to Section 2.21(b)(ii) and (v)), either (as the Borrower shall elect) (x) the First Lien/Second Lien Intercreditor Agreement if such Liens secure “Second Lien Obligations” (as defined therein), (y) another intercreditor agreement not materially less favorable to the Lenders vis-à-vis such junior Liens than the First Lien/Second Lien Intercreditor Agreement (as determined by the Borrower in good faith) or (z) another intercreditor agreement the terms of which are consistent with market terms governing security arrangements for the sharing of liens on a junior basis at the time such intercreditor agreement is proposed to be established in light of the type of Indebtedness to be secured by such liens, as determined by the Administrative Agent and the Borrower in the exercise of reasonable judgment.

  • Additional Intercreditor Agreement has the meaning given to it in Section 4.23(b).

  • Collateral Agency and Intercreditor Agreement means that certain Collateral Agency and Intercreditor Agreement, dated as of January 31, 2008 (as amended, amended and restated, supplemented or otherwise modified from time to time in compliance with the terms of this Indenture), by and among the Company, the other guarantors from time to time party thereto, the secured debt representatives and the Collateral Agent.

  • Acceptable Intercreditor Agreement means the Intercreditor Agreement, a Market Intercreditor Agreement, or another intercreditor agreement that is reasonably satisfactory to the Administrative Agent (which may, if applicable, consist of a payment “waterfall”).

  • First Lien Security Documents means the Security Documents and any other agreement, document or instrument pursuant to which a lien is granted or purported to be granted securing First Lien Obligations or under which rights or remedies with respect to such liens are governed, in each case to the extent relating to the collateral securing the First Lien Obligations.

  • First Lien Collateral Documents means the “Security Documents” or “Collateral Documents” or similar term (as defined in the applicable First Lien Loan Documents) and any other agreement, document or instrument pursuant to which a Lien is granted securing any First Lien Obligations or pursuant to which any such Lien is perfected.