Existing Intercreditor Agreement definition
Examples of Existing Intercreditor Agreement in a sentence
This Agreement shall be deemed to amend and restate the Existing Intercreditor Agreement and all terms and provisions of this Agreement supersede in their entirety the terms and provisions of the Existing Intercreditor Agreement.
This Agreement constitutes an amendment and restatement of the Existing Intercreditor Agreement.
This Agreement shall be subject in all respects to the Existing Intercreditor Agreement, and in the case of a conflict between this Agreement and the Existing Intercreditor Agreement, the Existing Intercreditor Agreement shall govern.
It is the intent of each of the parties hereto that all references to the Existing Intercreditor Agreement in any Bond Agreements or Receivables Agreements to which such party is party as such and which becomes or remains effective on or after the date hereof shall be deemed to mean and be references to this Agreement.
Except to the extent prohibited by applicable Law that cannot be waived, this Section 2.7 and the provisions of the Existing Intercreditor Agreement shall govern the Secured Parties’ right to realize upon the Credit Security if any Declared Default Date shall have occurred and be continuing.