Prepetition Intercreditor Agreement definition

Prepetition Intercreditor Agreement means that certain Intercreditor Agreement dated as of February 9, 2015, by and among the Senior Loan Agent, the Term Loan Agent, and the Debtors.

Prepetition Intercreditor Agreement means the Intercreditor Agreement, dated as of November 19, 2013, executed by Holdings, the Borrower, the other Loan Parties from time to time party thereto, the Prepetition First Lien Administrative Agent and the collateral agent under the Second Lien Note Indenture, and as the same may be amended, restated, supplemented, waived and/or otherwise modified from time to time in accordance with the terms thereof and of this Agreement.

Prepetition Intercreditor Agreement means the Intercreditor Agreement, dated as of February 17, 2016, by and among the PetroQuest, PQE, TDC, JPMorgan Chase Bank, N.A., and the Indenture Trustee, as amended, modified, or supplemented from time to time.

Examples of Prepetition Intercreditor Agreement in a sentence

• The Prepetition Intercreditor Agreement is a “subordination agreement” within the meaning of Section 510(a) of the Bankruptcy Code in the Chapter 11 Cases.

• The Prepetition ABL Agent and Prepetition Term Loan Agent are parties to the Prepetition Intercreditor Agreement.

• The Prepetition Intercreditor Agreement provides, among other things, that the liens securing the Prepetition ABL Facility are senior in priority to the liens securing the Prepetition Term Loan Facility.

• For the avoidance of doubt, (i) the DIP Term Priority Accounts (as defined in the DIP Term Credit Agreement) shall at all times solely constitute DIP Term Priority Collateral and (ii) each of the DIP Additional Accounts shall constitute DIP Term Priority Collateral or DIP ABL Priority Collateral, as the case may be, subject to and in accordance with the Prepetition Intercreditor Agreement as specified in paragraph 52 below.

• Any repayment of the Prepetition Credit Facility Debt pursuant to this Interim Order shall not be deemed to constitute a “payment in full” of the Prepetition Credit Facility Debt as such term is used in the Prepetition Intercreditor Agreement, and the DIP Facility shall be subject to and have the benefit of the terms of the Prepetition Intercreditor Agreement to the same extent as the Prepetition Credit Facility.

More Definitions of Prepetition Intercreditor Agreement

Prepetition Intercreditor Agreement means that certain Intercreditor Agreement, dated as of April 4, 2013, by and among the Refining ABL Agent and the Term Loan B Agent, and acknowledged and agreed to by the Debtors.

Prepetition Intercreditor Agreement means that certain Intercreditor Agreement, dated as of January 11, 2016, by and among the Prepetition First Lien Agent and the Prepetition Second Lien Collateral Trustee, as the same may be amended, restated, supplemented or otherwise modified from time to time in accordance with the terms thereof and the terms of the Financing Orders.

Prepetition Intercreditor Agreement means the Intercreditor Agreement, dated as of February 26, 2016, by and among the Prepetition Term Loan Administrative Agent, the ABL Agent and the Loan Parties under (and as defined in) the Prepetition Term Loan Credit Agreement party thereto, as the same now exists or may hereafter be amended, modified, supplemented, extended, renewed, restated or replaced in accordance with the terms thereof.

Prepetition Intercreditor Agreement means that certain Intercreditor Agreement, dated as of May 4, 2018, among Wilmington Trust, as First Lien representative, and GLAS Americas LLC (as successor to Wilmington Trust), as Second Lien representative.

Prepetition Intercreditor Agreement means the Intercreditor Agreement, dated as of October 6, 2000 (as amended to the date hereof), among the Parent, the Company, the other subsidiaries of the Parent party thereto, the Debt Coordinators, the other agents and financial institutions party thereto and State Street Bank and Trust Company, as collateral trustee.

Prepetition Intercreditor Agreement means that certain Intercreditor Agreement, dated as of October 3, 2014, by and among the First Lien Agent, as senior priority representative, and the Second Lien Agent, as second priority representative, and acknowledged and agreed to by the Debtors. The Prepetition Intercreditor Agreement shall be construed to be part of the First Lien Loan Documents and the Second Lien Loan Documents.

Prepetition Intercreditor Agreement means that certain Intercreditor Agreement, dated as of February 26, 2016, (as amended, supplemented or otherwise modified from time to time) by and among the Prepetition First Lien Administrative Agent and the Prepetition Second Lien Administrative Agent.