Term Loan Intercreditor Agreement definition

Term Loan Intercreditor Agreement means the Intercreditor Agreement, dated of even date herewith, by and among Administrative Agent, Lenders, Term Loan Agent and Term Loan Lenders, as acknowledged and agreed to by Borrowers and Guarantors, providing for such parties’ relative rights and priorities with respect to the assets and properties of the Loan Parties and related matters.

Term Loan Intercreditor Agreement means the intercreditor agreement to be dated the date of the Escrow Release Date among the Agent, the Senior Secured Agent, the Parent Borrower and the Guarantors, substantially in the form attached as Exhibit N-2 hereto, as the same may be amended, supplemented, waived or otherwise modified from time to time in accordance with the terms hereof and thereof.

Term Loan Intercreditor Agreement means that certain First Lien/First Lien Intercreditor Agreement, dated as of the Effective Date, among the Administrative Agent, the Term Loan Agent and the Loan Parties, substantially in the form of Exhibit A to Amendment No. 4, as the same may be amended, restated, supplemented or otherwise modified from time to time, or any other intercreditor agreement among the Term Loan Agent, the Administrative Agent, any other Senior Representatives for holders of Indebtedness, if applicable, and the Loan Parties on terms that are not less favorable in any material respect to the Secured Parties and the Borrower than those contained in the form attached as Exhibit A to Amendment No. 4.

Examples of Term Loan Intercreditor Agreement in a sentence

• Subject to the terms and conditions of the Term Loan Intercreditor Agreement, the remedies for any violation of the covenants, terms and conditions of the agreements herein contained shall be as prescribed herein, in the ABL Loan Documents, or by general law, or, as to that part of the security in which a security interest may be perfected under the Code, by the specific statutory consequences now or hereafter enacted and specified in the Code, all at the election of the ABL Controlling Agent.

• Prior to an Event of Default, use of insurance proceeds shall be governed by the Term Loan Intercreditor Agreement.

• All notices and other communications hereunder shall be in writing and shall be given in the manner, within the time periods and to the applicable address identified in the Term Loan Intercreditor Agreement.

• In the event of any conflict or inconsistency between the terms and provisions of the Term Loan Intercreditor Agreement and the terms and provisions of this Mortgage, the terms and provisions of the Term Loan Intercreditor Agreement shall govern and control.

• In the event of any conflict or inconsistency between the terms and provisions of the Term Loan Intercreditor Agreement and the terms and provisions of this Deed of Trust, the terms and provisions of the Term Loan Intercreditor Agreement shall govern and control.

More Definitions of Term Loan Intercreditor Agreement

Term Loan Intercreditor Agreement means the Intercreditor Agreement, dated as of the Amendment No. 4 Effective Date, among the Agent, as ABL Agent, Supplemental Letter of Credit Facility Agent, as LC Agent, Term Loan Agent, as Term Loan Agent, the Company and Guarantors, as the same may from time to time be amended, amended and restated, modified, or replaced.

Term Loan Intercreditor Agreement means the Term Intercreditor Agreement, dated as of the date hereof, by and among the First Lien Term Agent for the First Lien Term Secured Parties, the Second Lien Term Agent for the Second Lien Term Secured Parties, Holdings, the Borrower and the other Term Credit Parties party thereto, as amended, restated, amended and restated, extended, supplemented or otherwise modified.

Term Loan Intercreditor Agreement means the Intercreditor Agreement dated as of the Closing Date between Lender and the Revolving Credit Agent, as the same may be amended, supplemented or otherwise modified from time to time.

Term Loan Intercreditor Agreement means the Intercreditor Agreement, substantially in the form of Exhibit H hereto, with such changes thereto and with the addition of such parties thereto as the parties thereto may mutually agree, as the same may be amended, restated or otherwise modified from time to time.

Term Loan Intercreditor Agreement means the First Lien/Second Lien Intercreditor Agreement substantially in the form of Exhibit L among the Administrative Agent and the Second Lien Administrative Agent, with such modifications thereto as the Administrative Agent may reasonably agree. On the Closing Date, the Administrative Agent will enter into the Term Loan Intercreditor Agreement with the Second Lien Administrative Agent and the other parties thereto.

Term Loan Intercreditor Agreement means the Intercreditor Agreement, dated as of the Closing Date, by and among the Collateral Agent, Xxxxxx Xxxxxxx Senior Funding, Inc., as collateral agent under the Second Lien Term Loan Credit Agreement, Parent and the Subsidiary Loan Parties, as in effect on the Closing Date and as amended, restated, supplemented or otherwise modified from time to time in accordance with the requirements thereof.

Term Loan Intercreditor Agreement means an intercreditor and lien subordination agreement, dated as of the date hereof, between the Collateral Agent, the First-Lien Collateral Agent and the Second-Lien Collateral Agent, that provides for the subordination of the Lien of the Collateral Agent on the Collateral to the First-Lien Collateral Agent’s and the Second-Lien Collateral Agent’s respective liens, each on terms reasonably satisfactory to the Collateral Agent and the Requisite Lenders.