First Lien/Second Lien Intercreditor Agreement definition
Examples of First Lien/Second Lien Intercreditor Agreement in a sentence
Each of the First Lien Secured Parties also authorizes the Applicable Collateral Agent, in accordance with the provisions of this Agreement, to take such actions on its behalf and to exercise such powers as are delegated to, or otherwise given to, the Designated Senior Representative by the terms of the First Lien/Second Lien Intercreditor Agreement, together with such powers and discretion as are reasonably incidental thereto.
Pursuant to the First Lien Credit Agreement, certain First Lien Credit Agreement Credit Documents and certain Second Priority Debt Documents, certain newly acquired or organized Subsidiaries of the Borrowers are required to enter into the First Lien/Second Lien Intercreditor Agreement.
Capitalized terms used herein and not otherwise defined herein shall have the meanings assigned to such terms in the First Lien/Second Lien Intercreditor Agreement.
The Grantors have entered into the First Lien/Second Lien Intercreditor Agreement.
Section 8.07 of the First Lien/Second Lien Intercreditor Agreement provides that such Subsidiaries may become party to the First Lien/Second Lien Intercreditor Agreement by execution and delivery of an instrument in the form of this Grantor Supplement.