Examples of Notes Intercreditor Agreement in a sentence
The Plan recoveries available to the Holders of Subsidiary-Guaranteed Notes Claims pursuant to the Plan have been made available pursuant to a settlement by and among CEOC, each Subsidiary Guarantor, the Holders of Subsidiary-Guaranteed Notes Claims, CEC, the Consenting First Lien Bank Lenders, and the Consenting First Lien Noteholders (including with respect to the waiver of turnover provisions under the Subsidiary-Guaranteed Notes Intercreditor Agreement set forth in Article IV.A.11 hereof).
Each Lender further acknowledges and agrees that until the Senior Second Lien Termination Date, the terms and provisions of the Senior Second Lien Notes Intercreditor Agreement govern and control over the terms and provisions of this Agreement and the other Loan Documents.
Notwithstanding the foregoing or anything herein, any other Loan Document or in the Senior Second Lien Notes Intercreditor Agreement to the contrary, the Borrower may not rely on this provision or on the terms of the Senior Second Lien Notes Intercreditor Agreement.
In the event of any conflict between the terms of the Additional Senior Secured Notes Intercreditor Agreement or any other such intercreditor and terms of this Agreement, the terms of the Additional Senior Secured Notes Intercreditor Agreement or such other intercreditor agreement, as applicable, shall govern.
Notwithstanding anything herein to the contrary, so long as the Senior Second Lien Notes Intercreditor Agreement is in full force and effect the Administrative Agent, each Lender and each other Secured Party hereby delegate to the Collateral Agent the power and authority in the Collateral Agent’s exclusive and sole discretion, to exercise any and all discretion granted herein and in the other Loan Documents to the Administrative Agent in connection with the Collateral and the Security Documents.