Intercreditor Agent definition

Intercreditor Agent has the meaning given to such term in the Intercreditor Agreement.
Intercreditor Agent means the Person acting as agent on behalf of (a) the Issuer and the Indenture Trustee, with respect to amounts representing proceeds of the Receivables which are deposited in the Lockbox Account from time to time, and (b) other Persons, with respect to other amounts deposited in the Lockbox Account from time to time, in each case, pursuant to the terms of the Lockbox Intercreditor Agreement, and which agent will be (i) initially, Citibank, N.A. or its successor, or (ii) another Person named by the Servicer and in respect of which the Rating Agency Condition shall have been satisfied.
Intercreditor Agent means DB Trustees (Hong Kong) Limited, or its successors or assignees appointed pursuant to the Intercreditor Agreement.

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.


More Definitions of Intercreditor Agent

Intercreditor Agent means Société Générale or any successor to it, appointed pursuant to the terms of the Intercreditor Agreement.
Intercreditor Agent means JPMCB, in its capacity as administrative agent for the Senior Lenders under the Credit Agreement and the other Senior Lender Documents entered into pursuant to the Credit Agreement, together with its successors (or if there is more than one Senior Credit Agreement, such agent or trustee as is designated “Intercreditor Agent” by Senior Lenders holding a majority of the Senior Lender Claims then outstanding) and permitted assigns under the Senior Credit Agreement exercising substantially the same rights and powers.
Intercreditor Agent means Scotiabank, in its capacity as Intercreditor Agent under the Intercreditor Agreement, and any successor Intercreditor Agent appointed pursuant to the terms of the Intercreditor Agreement.
Intercreditor Agent means Citibank, N.A., as the intercreditor agent appointed pursuant to the Intercreditor Agreement.
Intercreditor Agent has the meaning set forth in the Common Security and Account Agreement.
Intercreditor Agent has the meaning set forth in Section 6.16.
Intercreditor Agent has the meaning assigned to it in the Collateral Agency Agreement. “Intercreditor Agreement” has the meaning assigned to it in the Collateral Agency Agreement.