Subordination and Intercreditor Agreement definition

Subordination and Intercreditor Agreement means that certain Subordination and Intercreditor Agreement, which shall be in a form acceptable to the Administrative Agent and the Lenders, dated as of the date hereof among the Administrative Agent, the Borrower, the Guarantors, the Lenders, the Senior Agent and the Senior Lenders.

Subordination and Intercreditor Agreement shall have the meaning set forth in the recitals to this Agreement.

Subordination and Intercreditor Agreement means the Subordination and Intercreditor Agreement dated as of June 21, 2007 among the Borrower, JPMorgan Chase Bank, N.A., as administrative agent, and the Purchasers, as the same may be amended or modified from time to time.

Examples of Subordination and Intercreditor Agreement in a sentence

• The Lien Subordination and Intercreditor Agreement provides that, at any time that obligations that have the benefit of senior priority liens on the collateral are outstanding, including the holders of the PIK Notes, the trustee under the PIK Notes Indenture and the collateral agent may not assert or enforce any right of marshaling accorded to a junior priority lienholder, as against the holders of such indebtedness secured by senior priority liens in the collateral.

• Capitalized terms used herein but not otherwise defined herein shall have the meaning assigned to such terms in the Junior Lien Subordination and Intercreditor Agreement.

• In the event of any conflict between the provisions of this instrument and the Subordination and Intercreditor Agreement, the terms of the Subordination and Intercreditor Agreement shall govern.” In the event any legend is omitted, Senior Agent, or any of its officers or employees, are hereby irrevocably authorized on behalf of Subordinated Creditors to make the same.

• In the event of any conflict between the provisions of this 8% Convertible Subordinated Note and the Subordination and Intercreditor Agreement, the terms of the Subordination and Intercreditor Agreement shall govern.” In the event any legend is omitted, Senior Agent, or any of its officers or employees, are hereby irrevocably authorized on behalf of Subordinated Creditors to make the same.

• Reference is made to the Lien Subordination and Intercreditor Agreement dated as of June 9, 2008, among General Electric Capital Corporation, as Collateral Agent for the Revolving Facility Secured Parties referred to therein, U.S. Bank National Association, as Trustee and as Noteholder Collateral Agent, Ply Gem Holdings, Inc., Ply Gem Industries, Inc.

More Definitions of Subordination and Intercreditor Agreement

Subordination and Intercreditor Agreement means that certain Subordination and Intercreditor Agreement, dated as of even date herewith, by and among Entrepreneur Growth Capital LLC, a Delaware limited liability company, Jordan Geotas, in his capacity as Noteholder Representative (as such term is defined in the Subordination and Intercreditor Agreement) for the Noteholders (as such term is defined in the Subordination and Intercreditor Agreement),

Subordination and Intercreditor Agreement means that certain Subordination and Intercreditor Agreement by and among XX Xxxxxx Xxxxx Bank, N.A. and the other signatories thereto.

Subordination and Intercreditor Agreement means that certain Amended and Restated Subordination and Intercreditor Agreement dated as of March 31, 2004 by and among the Administrative Agent, Mizuho, Glencore, the Administrative Borrower, and Milacron Capital Holdings B.V.

Subordination and Intercreditor Agreement means the Subordination and Intercreditor Agreement among Borrower, Lender and Subordinate Lender in the form of Exhibit C attached hereto.

Subordination and Intercreditor Agreement shall have the meaning given to it in the Bank Credit Agreement.

Subordination and Intercreditor Agreement means the Agreement to ----------------------------------------- be entered into among the Secretary, BDC and Lender pursuant to which, among other things, the Secretary and BDC shall subordinate the Subordinated Debt to the unpaid balance of the Loans and all of the other Obligations.

Subordination and Intercreditor Agreement means that certain agreement between SBKC and OneWest relating to the placement of junior Liens on the SBKC Hotels.