Swap Intercreditor Agreement definition

Swap Intercreditor Agreement means each intercreditor agreement entered into among Administrative Agent, the Borrower and an Approved Counterparty that is not a Lender or an Affiliate of a Lender.
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Swap Intercreditor Agreement means the Intercreditor Agreement, dated as of the date hereof, by and among the Borrower, the Guarantors, the Administrative Agent, the Collateral Agent and one or more Approved Counterparties, a copy of which is attached as Exhibit G hereto, as the same may from time to time be amended, amended and restated, modified or supplemented.
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Examples of Swap Intercreditor Agreement in a sentence

  • Each of the Lenders (for itself and on behalf of each of its Affiliates that are Secured Parties) hereby irrevocably authorizes and directs the Administrative Agent to execute and deliver, in each case on behalf of such Xxxxxx and each of its respective Affiliates that are 168 Secured Parties and without any further consent, authorization or other action by any such Secured Party, (i) the Swap Intercreditor Agreement and (ii) any documents relating thereto.

  • To the extent the Superpriority Revolving Credit Facility is not established on the Initial Funding Date, the Administrative Agent shall have received from each party thereto duly executed counterparts (in such number as may be requested by the Administrative Agent) of the Swap Intercreditor Agreement.

  • Except as set forth in the Swap Intercreditor Agreement, no Lender, any Affiliate of a Lender, or Secured Third-Party Swap Provider shall have any voting or consent rights under any Loan Document as a result of the existence of obligations owed to it under any such Swap Agreements.


More Definitions of Swap Intercreditor Agreement

Swap Intercreditor Agreement means an enforceable intercreditor agreement or similar document, substantially in the form of Exhibit L, or otherwise in form and substance reasonably satisfactory to the Agents and the Required Lenders, among the Agents and an Approved Counterparty that is not a Lender or an Affiliate of a Lender, that is party to one or more Hedge Agreements with the Borrower or any Guarantor, and acknowledged by the Loan Parties, covering all Hedge Agreements between such Approved Counterparty and the Borrower or such Guarantor that are or are intended to be Secured Commodity Hedge Agreements or Secured Interest Rate Hedge Agreements, as applicable.
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Swap Intercreditor Agreement has the meaning assigned to such term in the First Lien Credit Agreement.
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Swap Intercreditor Agreement means that certain Intercreditor Agreement dated as of the Initial Funding Date by and among the Borrower, the other Credit Parties from time to time party thereto, the Secured Third-Party Swap Providers from time to time party thereto, and the Administrative Agent; provided that the Swap Intercreditor Agreement shall be in form and substance reasonably satisfactory to the Majority Lenders and otherwise on terms customary for financing arrangements of this type involving independent oil and gas exploration and production companies, it being understood that the form and terms of the Intercreditor Agreement satisfy this proviso. For the avoidance of doubt, the Swap Intercreditor Agreement may be documented in the same agreement as the Intercreditor Agreement.
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Swap Intercreditor Agreement means any Intercreditor Agreement entered into by and among BNP Paribas, in its individual capacity and as
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Swap Intercreditor Agreement means any Intercreditor Agreement entered into by and among BNP Paribas, in its individual capacity and as Collateral Agent, the Lenders, and the Swap Parties, and acknowledged by the Borrower, as may be amended, restated, supplemented, or otherwise modified from time to time.
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Swap Intercreditor Agreement means the Intercreditor Agreement dated as of the Effective Date among the Credit Parties, the Administrative Agent and Fifth Third Bank.
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Related to Swap Intercreditor Agreement

  • Intercreditor Agreement means the Intercreditor Agreement dated as of the Issue Date (and as may be amended, restated, amended and restated, supplemented or otherwise modified from time to time), between, among others, the Company, the Guarantors, the Trustee, the Collateral Agent, and each additional authorized representative and collateral agent from time to time party thereto.

  • First Lien Intercreditor Agreement means an Intercreditor Agreement substantially in the form of Exhibit H (with such changes to such form as may be reasonably acceptable to the Administrative Agent and the Borrower) among the Administrative Agent, the Collateral Agent, and the representatives for purposes thereof for holders of one or more classes of First Lien Obligations (other than the Obligations).

  • Acceptable Intercreditor Agreement means 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”).

  • Junior Lien Intercreditor Agreement means an intercreditor agreement in form and substance reasonably satisfactory to the Administrative Agent between the Administrative Agent and one or more collateral agents or representatives for the holders of Indebtedness that is secured by a Lien on the Collateral ranking junior to the Liens of the Loan Documents.

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

  • First Lien/Second Lien Intercreditor Agreement means an intercreditor agreement substantially in the form of Exhibit H hereto, or such other customary form reasonably acceptable to the Administrative Agent and the Borrower, in each case, as such document may be amended, restated, supplemented or otherwise modified from time to time.

  • Permitted Pari Passu Intercreditor Agreement means, with respect to any Liens on Collateral that are intended to be pari passu with the Liens securing the Term B Loans (and other Loan Obligations that are pari passu with the Term B Loans), either (as the Borrower shall elect) (x) the First Lien/First Lien Intercreditor Agreement, (y) another intercreditor agreement not materially less favorable to the Lenders vis-à-vis such pari passu Liens than the First Lien/First Lien Intercreditor Agreement (as determined by the Borrower in good faith) or (z) another intercreditor agreement the terms of which are consistent with market terms governing security arrangements for the sharing of liens on a pari passu basis at the time such intercreditor agreement is proposed to be established in light of the type of Indebtedness to be secured by such liens, as determined by the Administrative Agent and the Borrower in the exercise of reasonable judgment.

  • Permitted Junior Intercreditor Agreement means, with respect to any Liens on Collateral that are intended to be junior to any Liens securing the Term B Loans (and other Loan Obligations that are pari passu with the Term B Loans) (including, for the avoidance of doubt, junior Liens pursuant to Section 2.21(b)(ii) and (v)), either (as the Borrower shall elect) (x) the First Lien/Second Lien Intercreditor Agreement if such Liens secure “Second Lien Obligations” (as defined therein), (y) another intercreditor agreement not materially less favorable to the Lenders vis-à-vis such junior Liens than the First Lien/Second Lien Intercreditor Agreement (as determined by the Borrower in good faith) or (z) another intercreditor agreement the terms of which are consistent with market terms governing security arrangements for the sharing of liens on a junior basis at the time such intercreditor agreement is proposed to be established in light of the type of Indebtedness to be secured by such liens, as determined by the Administrative Agent and the Borrower in the exercise of reasonable judgment.

  • Senior Secured Credit Agreement means that certain Credit Agreement, dated as of September 27, 2018, among the Borrowers, the lenders from time to time party thereto, JPMCB as administrative agent, JPMCB as collateral agent, and the other parties thereto, as amended, restated, amended, restated, extended, supplemented, refinanced or otherwise modified from time to time.

  • Subordination Agreement means a subordination agreement executed by a Subordinated Creditor in favor of the Lender and acknowledged by the Borrower.