Examples of Lender Intercreditor Agreement in a sentence
The resignation, removal, and replacement of the Agent shall be governed by the terms of the Lender Intercreditor Agreement.
Agent and each Lender has the right, without the consent of or notice to Borrower, to sell, transfer, assign, negotiate, or grant participation in all or any part of, or any interest in, such Lender’s obligations, rights, and benefits under this Agreement and the other Loan Documents, subject to the terms of the Lender Intercreditor Agreement.
Agent’s foregoing appointment as Bxxxxxxx’s attorney-in-fact, and all of Agent’s rights and powers, coupled with an interest, are irrevocable until all Obligations have been fully repaid and performed and the Loan Documents (other than the Lender Intercreditor Agreement) have been terminated.
Upon the occurrence of such cross-default, the Agent or any Lender may take any enforcement actions allowed under this Agreement, subject to the coordination and standstill provisions set forth in Article 7 of the Lender Intercreditor Agreement.
In the event of any conflict between the provisions of this Agreement and the Lender Intercreditor Agreement with respect to the rights, duties, and responsibilities of the Agent, the provisions of the Lender Intercreditor Agreement shall control.