Examples of Intercreditor Agent in a sentence
Any other replacement of the Collateral Agent and/or Intercreditor Agent may occur by direction of the Majority FP Creditors and V.tal.
The Collateral Agent will act on the instructions of the Intercreditor Agent (acting on the instructions of the relevant Instructing Group) with respect to the sale, liquidation or disposition and the applicable manner thereof with respect to the relevant collateral, in each case, subject to customary indemnification rights.
The agreements in this Section 6.04 shall survive the resignation or removal of the Intercreditor Agent, the Collateral Agent or any other Agent, the repayment, satisfaction or discharge of all the Obligations, and the termination of this Agreement, any Debt Document or any Collateral Document.
Agent Provisions: Appointment provisions for Collateral Agent and Intercreditor Agent including standard indemnification and other terms.
Customary Collateral Agent and Intercreditor Agent costs and (if applicable) enforcement costs incurred by the Collateral Agent and Intercreditor Agent will rank ahead of all secured debt claims.