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

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.

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.
The Trustee and the Collateral Agent, as the case may be, hold the Collateral in trust for the benefit of the Trustee and the Holders, in each case pursuant to the Security Documents, the New Intercreditor Agreement and the Existing Intercreditor Agreement.
Each lender under the Exit Revolving Credit Facility and each holder of the New Second Lien Convertible Notes shall be deemed to have directed the applicable agent, New Second Lien Convertible Notes Indenture Trustee or Exit Revolving Credit Facility Agent, as applicable, to execute the New Intercreditor Agreement and shall be bound to the terms of the New Intercreditor Agreement from and after the Effective Date as if it were a signatory thereto.
On the Effective Date, the Exit Revolving Credit Facility Agent and the New Second Lien Convertible Notes Indenture Trustee shall enter into the New Intercreditor Agreement.

More Definitions of New Intercreditor Agreement

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 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 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.

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 “Intercreditor Agreement” in substantially the form attached at appendix 9 to the Senior Secured Scheme Explanatory Statement;

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.