New Intercreditor Agreement definition

New Intercreditor Agreement means the intercreditor agreement (as may be amended from time to time), in form and substance acceptable to the Debtors, CGG and the Ad Hoc Committees, to be entered into with respect to the New First Lien Notes, the New Second Lien Notes and the New Second Lien Interest Notes based on the intercreditor principles set forth in Appendix 4 of the Term Sheet, and in the Safeguard Plan, a form of which shall be included in the Plan Supplement.

New Intercreditor Agreement means the New Intercreditor Agreement substantially in the form of Exhibit G.

New Intercreditor Agreement means that certain Intercreditor Agreement with respect to the Exit Facility, the Roll-Over Facility (if any) and the Shareholder Notes, which agreement shall be in form and substance acceptable to (a) the Consenting Noteholders and (b) in the event any DIP Facility Roll-Over Amount exists, the DIP Agent and DIP Facility Providers holding at least 66 2/3 percent of the DIP Facility Claims.

Examples of New Intercreditor Agreement in a sentence

• Provisions relating to the priority of the PBGC Liens on the PBGC Note Collateral as well as provisions relating to enforcement and remedies will be governed by the New Intercreditor Agreement and the New PBGC Intercreditor Agreement.

• The New Bonds will be secured by the New Collateral and will be subject to the New Intercreditor Agreement and the New PBGC Intercreditor Agreement.

• More recent studies of the M-effect sought optimized operating discharge conditions that would increase the relative intensity of the monochromatic line (i.e., the increase of µ) [6].

• Notwithstanding anything in this Article XI to the contrary, as of the Effective Date, the Exit Facility Documents and any other documents related thereto, including the New Intercreditor Agreement, shall be governed by the jurisdictional provisions therein and the Bankruptcy Court shall not retain jurisdiction with respect thereto.

• The following agreements between the Senior Lenders, Newco and certain members of the Reorganized Truvo Group will become effective: the New Senior Credit Agreement (pursuant to the Debt Acknowledgement Obligation), the New Intercreditor Agreement, the New Indemnity, and related security documents.

More Definitions of New Intercreditor Agreement

New Intercreditor Agreement means a new intercreditor agreement to be entered into as of the Closing Date by and among New Second Lien Convertible Notes Indenture Trustee, PNC and the other necessary parties thereto, which will, among other things, define the relative priorities of such parties’ respective security interests in the assets securing the New Second Lien Convertible Notes, and the obligations under the Credit Agreement, and certain other matters related to the administration of security interests, exercise of remedies in respect of collateral, certain bankruptcy related provisions and other intercreditor matters, in form and substance reasonably satisfactory to each of the Parties hereto. Concurrent with the execution of the New Intercreditor Agreement, the existing Intercreditor Agreement dated as of April 28, 2016 shall be terminated in full.

New Intercreditor Agreement means that certain agreement by and among Reorganized KV, the New First Lien Agent (on behalf of itself and the New First Lien Lenders) and the New Second Lien Agent (on behalf of itself and the New Second Lien Lenders) (as may be amended, modified or supplemented from time to time on the terms and conditions set forth therein), to be dated as of the Effective Date, which shall be contained in the Plan Supplement, the form of which shall be acceptable to the Debtors and the DIP Agent.

New Intercreditor Agreement means the intercreditor agreement, dated as of the Effective Date that will govern the New Senior 2010 Facility and the New Senior 2011 Facility, the form of which shall be included as an exhibit to the Plan Supplement.

New Intercreditor Agreement means the intercreditor agreement to be entered into between the lenders to the New Senior Credit Facility and the lenders to the New Second Lien Facility.

New Intercreditor Agreement means the New Intercreditor Agreement substantially in the form of Exhibit K to this Indenture.

New Intercreditor Agreement means the intercreditor agreement among the Reorganized Debtors, the Revolving Credit Lenders, the Senior Secured Noteholders, and the agent for the Revolving Credit Facility. Definitive documents with respect to the New Intercreditor Agreement will be filed in the Plan Supplement.

New Intercreditor Agreement means the intercreditor agreement entered into on the Effective Date by the Senior Lenders, in form and substance reasonably acceptable to the Senior Lenders.