Common use of Intercreditor Clause in Contracts

Intercreditor. The Lenders will work in good faith with the ABL Agent to amend or otherwise modify the Intercreditor Agreement to the extent necessary to give effect to (a) the provisions of this Term Sheet, (b) the Closing Date Modifications (including to ABL Commitment Letter on the terms described in Annex B) and/or (c) the Merger.

Appears in 2 contracts

Sources: Letter Agreement Re: Consent and Modifications to Loan Documents (Neos Therapeutics, Inc.), Letter Agreement Re: Consent and Modifications to Loan Documents (Aytu Bioscience, Inc)