Refinancing Intercreditor Agreement definition

Refinancing Intercreditor Agreement means an intercreditor agreement among, inter alia, the Collateral Agent, the Administrative Agent and one or more representatives for holders of the Term Loan Facility in form and substance reasonably acceptable to the Collateral Agent, as such intercreditor agreement may be amended, modified or supplemented from time to time in accordance with the terms hereof and thereof. The Refinancing Intercreditor Agreement shall be substantially consistent with the Intercreditor Agreement (but which may give effect to modifications determined by the Collateral Agent to be reasonably consistent with then current market practices and customs) and otherwise reasonably the Administrative Agent satisfactory to the Collateral Agent and the Administrative Agent and the Borrowers.

Refinancing Intercreditor Agreement means an intercreditor agreement among, inter alia, the Administrative Agent and one or more representatives for holders of the ABL Facility, in form and substance reasonably acceptable to the Administrative Agent, as such intercreditor agreement may be amended, modified or supplemented from time to time in accordance with the terms hereof and thereof. The Refinancing Intercreditor Agreement shall be substantially consistent with the Intercreditor Agreement (but which may give effect to modifications determined by the Administrative Agent to be reasonably consistent with then current market practices and customs) and otherwise reasonably satisfactory to the Administrative Agent and the Borrower.

Refinancing Intercreditor Agreement means an intercreditor agreement between Collateral Agent, on the one hand, and the lender or lenders (or agent therefor) advancing the Refinancing Indebtedness, on the other hand, pursuant to which the parties thereto agree the Liens on the Obligations are pani passu with the Liens securing the Refinancing Indebtedness, and otherwise in form and substance satisfactory to Agents.

Examples of Refinancing Intercreditor Agreement in a sentence

• Each Lender acknowledges and agrees to the terms of the Term Loan Refinancing Intercreditor Agreement and agrees that the terms thereof shall be binding on such Lender, together with its successors and assigns, as if it were a party thereto.

• To the extent any Permitted Term Loan Refinancing Indebtedness is outstanding, each of Parent and the Borrower will not, and will not permit any of its Restricted Subsidiaries to, amend, modify, waive or otherwise change, consent or agree to any amendment, modification, waiver or other change to any of the terms of the Permitted Term Loan Refinancing Indebtedness Documents other than amendments or other modifications that are permitted under the Term Loan Refinancing Intercreditor Agreement.

• The Administrative Agent is hereby authorized on behalf of the Lenders (for the Lenders and any of their Affiliates that are Secured Hedging Providers or holding other Secured Obligations) to enter into and perform the Term Loan Refinancing Intercreditor Agreement.

• On or after the date hereof and from time to time, upon the compliance by any Additional Secured Debtholder with the terms of Section 5.13 of the Refinancing Intercreditor Agreement and Section 4.14 hereof, the Additional Secured Obligations of such Additional Secured Debtholder shall be deemed to be Additional Secured Obligations hereunder.

• Notwithstanding anything to the contrary herein and for the avoidance of doubt, the rights, duties and obligations of the Collateral Agent hereunder shall be subject to the terms of the Refinancing Intercreditor Agreement, to the extent in effect, and any rights, duties and obligations of the Applicable Authorized Representative (as defined in the Refinancing Intercreditor Agreement) thereunder.

• This Intercreditor Agreement amends and restates the Refinancing Intercreditor Agreement in its entirety.

• Notwithstanding anything herein to the contrary, the rights and remedies of Collateral Agent hereunder shall be subject to and governed by the terms of the Refinancing Intercreditor Agreement, to the extent then in effect.

More Definitions of Refinancing Intercreditor Agreement

Refinancing Intercreditor Agreement means an intercreditor agreement to be entered into between the Collateral Agent and any other holders of First Lien Indebtedness upon the Refinancing of the Existing Credit Agreement Indebtedness.

Refinancing Intercreditor Agreement an intercreditor agreement in substantially the form of Exhibit E hereto to be entered into by and among Company, the Guarantors, the Trustee, each Authorized Representative (as defined therein), and the Collateral Agent, if any.