Second Lien Intercreditor and Subordination Agreement definition

Second Lien Intercreditor and Subordination Agreement means the Second Lien Intercreditor and Subordination Agreement, dated as of the date hereof, by and among the Purchaser Representative and the First Lien Credit Agreement Agent and acknowledged by the Note Parties.
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Second Lien Intercreditor and Subordination Agreement means that certain Second Lien Intercreditor and Subordination Agreement dated as of April 17, 2023 among the Administrative Agent and the Second Lien Agent, as acknowledged by the Loan Parties and the Parent Loan Guarantors.
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Second Lien Intercreditor and Subordination Agreement means the Intercreditor and Subordination Agreement, dated as of October 6, 2003, among the Agents, the Lenders, the Agents as provided and defined in the First Lien Credit Agreement, the Lenders as provided and defined in the Second Lien Credit Agreement, and the Loan Parties, as amended by that certain Consent and First Amendment to Intercreditor and Subordination Agreement, dated as of the date hereof, in substantially the form of Exhibit E-1 hereto, and as may be further amended, amended and restated and/or modified from time to time.
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Examples of Second Lien Intercreditor and Subordination Agreement in a sentence

  • Each Purchaser, by accepting this Note, consents and agrees to the terms of the Collateral Documents (including the provisions providing for the foreclosure and release of Collateral) and the Second Lien Intercreditor and Subordination Agreement, each as may be in effect or may be amended from time to time in accordance with their terms and the Note Purchase Agreement.

  • The Purchaser Representative holds the Collateral in trust for the benefit of the Secured Parties, pursuant to the Collateral Documents and the Second Lien Intercreditor and Subordination Agreement.

  • Each Lender hereby acknowledges that the receipt of any such payments is subject to the terms of the Second Lien Intercreditor and Subordination Agreement.

  • Subject to the terms of the Second Lien Intercreditor and Subordination Agreement: (i) the Borrower shall (A) on September 30, 2007, prepay an aggregate principal amount of the Advances in an amount equal to 100% of the amount of Excess Cash Flow for Fiscal Year 2006 and (B) on the 90th day following the end of each Fiscal Year commencing with the 2007 Fiscal Year, prepay an aggregate principal amount of the Advances in an amount equal to 100% of the amount of Excess Cash Flow for such Fiscal Year.

  • Notwithstanding the foregoing, neither the consent of any Agent nor the consent of any Lender shall be required to effectuate any amendments, modifications, waivers or releases required by the terms of Section 2.5 and/or Section 2.8 of the Second Lien Intercreditor and Subordination Agreement.

  • The rights of each Agent and each Lender and their respective Affiliates under this Section 9.05 are in addition to other rights and remedies (including, without limitation, other rights of set-off) that such Agent, such Lender and their respective Affiliates may have, subject to the terms of the Second Lien Intercreditor and Subordination Agreement.

  • The Administrative Agent and the Lender Representative shall have received copies of (i) the Second Lien Intercreditor and Subordination Agreement and (ii) an amendment to the AAL dated the date hereof (the “Amended Agreement Among Lenders”).

  • In reliance on the direction by the Consenting Lenders, constituting the Required Lenders and the Required Revolving Lenders and the provisions of Articles 8 and 9 of the Credit Agreement, the Administrative Agent has executed this Amendment, the Second Lien Intercreditor and Subordination Agreement, the Amendment to Agreement Among Lenders and the Transaction Support Agreement.

Related to Second Lien Intercreditor and Subordination Agreement

  • ABL Intercreditor Agreement means the Intercreditor Agreement substantially in the form of Exhibit K hereto, dated as of the date hereof, by and among the Collateral Agent, the ABL Collateral Agent, the other agents party thereto (if any) and the Obligors, as may be amended, restated, amended and restated, supplemented, waived or otherwise modified from time to time in accordance with the terms hereof, the ABL Credit Agreement, and the provisions of such ABL Intercreditor Agreement.

  • Intercreditor Agreement means the Intercreditor Agreement dated the date hereof, among the Trustees, the Liquidity Provider, the liquidity provider under each Liquidity Facility (other than this Agreement) and the Subordination Agent, as the same may be amended, supplemented or otherwise modified from time to time in accordance with its terms.

  • Acceptable Intercreditor Agreement means the Intercreditor Agreement, a Market Intercreditor Agreement, or another intercreditor agreement that is reasonably satisfactory to the Administrative Agent (which may, if applicable, consist of a payment “waterfall”).

  • Intercreditor Agreements means the First Lien Intercreditor Agreement and the Junior Lien Intercreditor Agreement, collectively, in each case to the extent in effect.

  • Market Intercreditor Agreement means an intercreditor agreement the terms of which are consistent with market terms governing security arrangements for the sharing and/or subordination of liens or arrangements relating to the distribution of proceeds of collateral, as applicable, at the time the intercreditor agreement is proposed to be established in light of the types of Indebtedness subject thereto.

  • Pari Passu Intercreditor Agreement means an intercreditor agreement among the Administrative Agent and the other parties from time to time party thereto, substantially in the form of Exhibit I.

  • Senior Loan Agreement means that certain Term Loan Agreement, dated as of November 19, 2020, by and among Borrower, the subsidiary guarantors from time to time party thereto, and the Senior Creditors, as amended, restated, supplemented or otherwise modified from time to time.