2007 Intercreditor Agreement definition

2007 Intercreditor Agreement means the Intercreditor Agreement dated May 11, 2007, as amended and restated as of the Closing Date, among Holdings, BP I, the other obligors signatory thereto, and Credit Suisse AG, on behalf of the senior lenders thereunder, and as senior agent, security trustee and senior issuing bank thereunder.
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2007 Intercreditor Agreement means the intercreditor agreement dated May 11, 2007, among RGHL, BP I, the senior lenders identified therein, Credit Suisse, as senior agent thereunder, the senior issuing banks as identified therein, the subordinated bridging lenders, Credit Suisse, as subordinated bridging agent and security trustee, and the other parties identified therein, as amended on November 5, 2009, and as amended, supplemented or modified from time to time thereafter.
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2007 Intercreditor Agreement means the intercreditor agreement, dated May 11, 2007, among RGHL, BP I, the senior lenders identified therein, Credit Suisse, as administrative agent, subordinated bridging agent and security trustee, The Bank of New York Mellon, as collateral agent, senior secured notes trustee and high yield noteholders trustee, the senior issuing banks as identified therein, the subordinated bridging lenders and the other parties identified therein, as amended on November 5, 2009 and on November 5, 2010, and as amended, supplemented or modified from time to time prior to and as of the Issue Date.
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Examples of 2007 Intercreditor Agreement in a sentence

  • The Additional Senior Secured Note Guarantors hereby agree to (i) be bound by and become a party to, as if originally named Senior Secured Note Guarantors therein, the First Lien Intercreditor Agreement and (ii) be bound by and become a party to the 2007 Intercreditor Agreement, as if originally named Obligors therein, by executing and delivering accession deeds to such 2007 Intercreditor Agreement in form and substance reasonably satisfactory to the Security Trustee thereunder.

  • The Loans and other Bank Obligations are hereby designated as “Senior Indebtedness” and “Designated Senior Indebtedness” for all purposes of the November 2013 5.625% Senior Unsecured Note Documents, the 2007 Intercreditor Agreement and the November 2013 Intercreditor Agreement.

  • The Collateral Agent’s rights and obligations shall be governed by the 2007 Intercreditor Agreement, the First Lien Intercreditor Agreement, any Additional Intercreditor Agreement and the Security Documents.

  • The Obligations constitute “Senior Indebtedness” and “Designated Senior Indebtedness” under and as defined in the November 2013 5.625% Senior Unsecured Note Documents, “Senior Liabilities” under and as defined in the 2007 Intercreditor Agreement, and “Senior Obligations” under and as defined in the November 2013 Intercreditor Agreement.

  • BP II will designate the Senior Secured Notes and the Senior Secured Note Guarantees as “Designated Senior Indebtedness” and this Senior Secured Notes Indenture as included in the definition of “Credit Agreement” for all purposes of the 2007 Senior Note Indenture, the 2007 Senior Subordinated Notes Indenture and the 2007 Intercreditor Agreement.

  • The Senior Secured Note Guarantors hereby agree to (i) be bound by and become a party to, as if originally named Senior Secured Note Guarantors therein, the First Lien Intercreditor Agreement and (ii) be bound by and become a party to the 2007 Intercreditor Agreement, as if originally named Obligors therein, by executing and delivering accession deeds to such 2007 Intercreditor Agreement in form and substance reasonably satisfactory to the Security Trustee thereunder.

  • Notes Indenture and the Security Documents shall be subject to the Agreed Security Principles, the 2007 Intercreditor Agreement and the First Lien Intercreditor Agreement (and any Additional Intercreditor Agreement).

  • As of the Escrow Release Date, BP II will designate the Senior Secured Notes and the Senior Secured Note Guarantees as “Designated Senior Indebtedness” and the Senior Secured Notes Indenture as included in the definition of “Credit Agreement” for all purposes of the 2007 Senior Note Indenture, the 2007 Senior Subordinated Notes Indenture and the 2007 Intercreditor Agreement.

  • The Senior Secured Notes Indenture and the Security Documents shall be subject to the Agreed Security Principles, the 2007 Intercreditor Agreement and the First Lien Intercreditor Agreement (and any Additional Intercreditor Agreement).

Related to 2007 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.

  • ABL Intercreditor Agreement means that certain ABL Intercreditor Agreement, dated as of the Closing Date, by and among the Collateral Agent, the ABL Collateral Agent and the other parties party thereto, as may be amended, amended and restated, modified, supplemented, extended or renewed from time to time in accordance with the terms hereof and thereof.

  • First Lien Intercreditor Agreement means the First Lien Intercreditor Agreement substantially in the form of Exhibit G among the Administrative Agent and one or more Senior Representatives for holders of Permitted First Priority Refinancing Debt, with such modifications thereto as the Administrative Agent may reasonably agree.

  • Other Intercreditor Agreement an intercreditor agreement in form and substance reasonably satisfactory to the Borrower and the Collateral Agent.

  • Second Lien Intercreditor Agreement means a First Lien/Second Lien Intercreditor Agreement substantially in the form of Exhibit I-2 (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 of any other Permitted Other Indebtedness Secured Parties that are holders of Permitted Other Indebtedness Obligations having a Lien on the Collateral ranking junior to the Lien securing the Obligations.

  • 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.

  • ABL/Term Loan Intercreditor Agreement as defined in the recitals hereto.

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

  • Collateral Agency and Intercreditor Agreement means that certain Collateral Agency and Intercreditor Agreement, dated as of January 31, 2008 (as amended, amended and restated, supplemented or otherwise modified from time to time in compliance with the terms of this Indenture), by and among the Company, the other guarantors from time to time party thereto, the secured debt representatives and the Collateral Agent.

  • Acceptable Intercreditor Agreement means the Intercreditor Agreement, 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”).

  • 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.

  • Additional Intercreditor Agreement has the meaning given to it in Section 4.23(b).

  • Pari Passu Intercreditor Agreement means an intercreditor agreement among the Administrative Agent and the other parties from time to time party thereto, substantially in the form of Exhibit I.

  • 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.

  • Term Loan Security Documents means the “Security Documents” as defined in the Term Loan Credit Agreement.

  • Collateral Trust Agreement means the Collateral Trust Agreement, dated as of the date of this Indenture, among the Company, the Guarantors from time to time party thereto, the Trustee, the other Secured Debt Representatives from time to time party thereto and the Collateral Trustee, as amended, restated, adjusted, waived, renewed, extended, supplemented or otherwise modified from time to time.

  • Subordination Agreement means any subordination or intercreditor agreement(s) entered into with respect to any subordinate financing related to the Project, as the same may be amended, supplemented or restated.

  • ABL Security Documents means any agreement, document or instrument pursuant to which a Lien is granted securing any ABL Obligations or under which rights or remedies with respect to such Liens are governed.