Examples of Pari Passu Intercreditor Agreement in a sentence
Subject to the provisions of the Pari Passu Intercreditor Agreement, any Acceptable Intercreditor Agreement and the ABL-Notes Intercreditor Agreement, the Trustee is authorized to receive any funds for the benefit of the Holders distributed under the Notes Collateral Documents, and to make further distributions of such funds to the Holders according to the provisions of this Indenture.
By their acceptance of the Notes, the Holders hereby authorize and direct the Trustee and the Notes Collateral Agent, as the case may be, to execute and deliver the ABL-Notes Intercreditor Agreement, the Pari Passu Intercreditor Agreement and any other Notes Collateral Document in which the Trustee or the Notes Collateral Agent, as applicable, is named as a party, including the Collateral Agreement and any Notes Collateral Documents executed on or after the Issue Date and any supplements thereto.
Reference is made to the ABL-Notes Intercreditor Agreement, the Pari Passu Intercreditor Agreement (if any) and any Acceptable Intercreditor Agreement.