Second Lien Pari Passu Intercreditor Agreement definition

Second Lien Pari Passu Intercreditor Agreement means an agreement among each Second Lien Representative and each Second Lien Collateral Agent allocating rights among the various Series of Second Lien Obligations.
Second Lien Pari Passu Intercreditor Agreement means, as the context may require, (i) that certain Second Lien Pari Passu Intercreditor Agreement, to be dated as of the Escrow Release Date, among each Second Lien Representative, each Second Lien Collateral Agent, the Company, each Guarantor and the other parties thereto from time to time, allocating rights among the various Series of Second Lien Obligations, and (ii) any other intercreditor agreement that may be entered into after the Escrow Release Date by the Company, any Guarantor and the Collateral Agent in connection with Second Lien Obligations not otherwise prohibited by the Indenture (which is not materially less favorable to the Collateral Agent and the holders of the Notes (taken as a whole) than the intercreditor agreement referred to in clause (i) of this definition) (as certified to by the Company in an Officer’s Certificate delivered to the Trustee and the Collateral Agent), in each case, as it may be amended, restated, supplemented and/or otherwise modified from time to time in accordance with the terms thereof and the Indenture.
Second Lien Pari Passu Intercreditor Agreement means a customary agreement to be entered into by the Second Priority Collateral Agent and the representative of the holders of additional Second Priority Obligations, in substantially the form as permitted by this Indenture and as may be reasonably agreed between the Issuer and the representative of the holders of additional Second Priority Obligations.

Examples of Second Lien Pari Passu Intercreditor Agreement in a sentence

  • Upon any Additional Second Lien Representative and Additional Second Lien Collateral Agent so becoming a party hereto and becoming a party to the Second Lien Pari Passu Intercreditor Agreement in accordance with the terms thereof, all Additional Second Lien Obligations of such Series shall also be entitled to be so secured by a subordinated Lien on the Collateral in accordance with the terms hereof and thereof.

  • REGIONS BANK, as 2021 Indenture Collateral Agent and 2021 Indenture Representative By: ____________________________ Name: Title: Second Lien Pari Passu Intercreditor Agreement [ ], as Additional Initial Second Lien Collateral Agent and Additional Initial Second Lien Representative By: ____________________________ Name: Title: Second Lien Pari Passu Intercreditor Agreement SUMMIT MIDSTREAM HOLDINGS, LLC By: _____________________________ Name: Title: SUMMIT FINANCE CORP.


More Definitions of Second Lien Pari Passu Intercreditor Agreement

Second Lien Pari Passu Intercreditor Agreement means a pari passu intercreditor agreement entered into among the Junior Representatives with respect to Junior Debt.
Second Lien Pari Passu Intercreditor Agreement has the meaning assigned to such term in the Second Lien Indenture.
Second Lien Pari Passu Intercreditor Agreement means the Second Lien Pari Passu Intercreditor Agreement dated as of the Escrow Release Date among each Second Lien Representative and each Second Lien Collateral Agent allocating rights among the various Series of Second Lien Obligations.
Second Lien Pari Passu Intercreditor Agreement means the Second Lien Pari Passu Intercreditor Agreement substantially in the form of Exhibit H-2 among the Second Lien Notes Collateral Agent and one or more Senior Representatives for holders of Indebtedness permitted by this Indenture to be secured by the Collateral on a pari passu basis with the Notes Obligations.
Second Lien Pari Passu Intercreditor Agreement means, as the context may require, (i) that certain Second Lien Pari Passu Intercreditor Agreement, dated as of July 1, 2020, as amended, among each Second Lien
Second Lien Pari Passu Intercreditor Agreement means an intercreditor agreement in the form attached hereto as Exhibit E, as may be amended, restated, supplemented or otherwise modified from time to time.
Second Lien Pari Passu Intercreditor Agreement means an intercreditor creditor agreement substantially in the form of the Pari Passu Intercreditor Agreement attached as Exhibit N to the First Lien Credit Agreement as of the Closing Date with such conforming changes and modifications as are necessary or appropriate to the reflect the Second Priority Secured Obligations as “Credit Agreement Obligations” (as defined in such Pari Passu Intercreditor Agreement), including with respect to any other related definitions and provisions, and any other material modifications which are reasonably acceptable to the Borrower, the Administrative Agent and the Required Lenders.