First Lien/Second Lien Intercreditor Agreement definition

First Lien/Second Lien Intercreditor Agreement means the First Lien/Second Lien Intercreditor Agreement dated as of the Closing Date by and between Credit Suisse AG, Cayman Islands Branch, as First-Priority Collateral Agent (as defined therein), Credit Suisse AG, Cayman Islands Branch, as Second-Priority Collateral Agent (as defined therein), and the Loan Parties thereto 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.

First Lien/Second Lien Intercreditor Agreement means an intercreditor agreement substantially in the form of Exhibit D to the Original Credit Agreement, 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.

First Lien/Second Lien Intercreditor Agreement means the intercreditor agreement, dated as of July 31, 2020, among the Existing First Lien Notes Collateral Agent, the First Lien Collateral Agent, the Convertible Notes Collateral Agent, the Silver Lake First Lien Notes Collateral Agent, the First Lien Notes Collateral Agent, the Second Lien Notes Collateral Agent, the Company and the Guarantors and any Additional First Lien Secured Parties or Additional Junior Secured Parties from time to time party thereto giving effect to the joinder thereto, dated as of the Issue Date, pursuant to which the Notes Collateral Agent became a party thereto (as the same may be amended, restated, renewed, replaced or otherwise modified from time to time).

Examples of First Lien/Second Lien Intercreditor Agreement in a sentence

• The relative rights and priorities in the Collateral for each of the Senior Facilities, the First Lien Notes and the Second Lien Notes will be set forth in the First Lien/Second Lien Intercreditor Agreement.

• SECTION 1.01 Capitalized terms used but not defined herein shall have the meanings assigned thereto in the First Lien/Second Lien Intercreditor Agreement.

• This Agreement has been entered into to record the accession of the New Representative[s] as Other Second-Priority Representative[s] under the First Lien/Second Lien Intercreditor Agreement [and to record the accession of the New Collateral Agent as an Other Second-Priority Collateral Agent under the First Lien/Second Lien Intercreditor Agreement].

• SECTION 2.01 [The][/Each] New Representative agrees to become, with immediate effect, a party to and agrees to be bound by the terms of, the First Lien/Second Lien Intercreditor Agreement as an Other Second-Priority Representative as if it had originally been party to the First Lien/Second Lien Intercreditor Agreement as an Other Second-Priority Representative.

• This Agreement has been entered into to record the accession of the New Representative[s] as Other First-Priority Representative[s] under the First Lien/Second Lien Intercreditor Agreement [and to record the accession of the New Collateral Agent as an Other First-Priority Collateral Agent under the First Lien/Second Lien Intercreditor Agreement].

More Definitions of First Lien/Second Lien Intercreditor Agreement

First Lien/Second Lien Intercreditor Agreement means the First Lien/Second Lien Intercreditor Agreement in substantially the form of Exhibit G-2 dated as of the Closing Date, among Morgan Stanley Senior Funding, Inc., as Senior Priority Representative for the First Lien Credit Agreement Secured Parties (each as defined therein), Morgan Stanley Senior Funding, Inc., as Second Priority Representative for the Second Lien Credit Agreement Secured Parties (each as defined therein), the Credit Parties, and each additional representative party thereto from time to time.

First Lien/Second Lien Intercreditor Agreement means a First Lien/Second Lien Intercreditor Agreement, substantially in the form of Exhibit Q, entered into among the Collateral Agent, the Loan Parties and one or more Senior Representatives for holders of Indebtedness secured by Liens on the Collateral that rank junior in priority to the Liens securing the Secured Obligations, with such modifications thereto as the Administrative Agent and the Borrower may reasonably agree.

First Lien/Second Lien Intercreditor Agreement means the First Lien/Second Lien Intercreditor Agreement, dated as of the Closing Date, among the Agent and the notes agent and collateral agent under the Second Lien Note Documentation and agreed to and acknowledged by the Credit Parties.

First Lien/Second Lien Intercreditor Agreement means the First Lien/Second Lien Intercreditor Agreement substantially in the form of Exhibit C, dated as of the Closing Date, among, inter alios, the Borrower and the other Grantors (as defined therein) party thereto, Wilmington Savings Fund Society, FSB, as Junior Collateral Agent for the Junior Secured Parties referred to therein and the Collateral Agent, as agent for the Senior Secured Parties referred to therein, and each other person from time to time party thereto.

First Lien/Second Lien Intercreditor Agreement means an intercreditor agreement substantially in the form of Exhibit O hereto, or such other customary form reasonably acceptable to the Administrative Agent and the Lead Borrower, as such document may be amended, restated, supplemented or otherwise modified from time to time, and, in the case of any Borrower and/or Subsidiary Guarantor organized outside of the United States, such intercreditor agreement shall reflect then customary market terms for non-domestic Borrowers that are reasonably satisfactory to the Lead Borrower and the Administrative Agent.

First Lien/Second Lien Intercreditor Agreement means the Intercreditor Agreement, dated as of the date hereof, between the Collateral Agent and the Second Lien Collateral Agent, and acknowledged by certain of the Loan Parties, as the same may be amended, supplemented, waived or otherwise modified from time to time in accordance with the terms hereof and thereof.

First Lien/Second Lien Intercreditor Agreement means a First Lien/Second Lien Intercreditor Agreement substantially in the form of Exhibit I or other form reasonably satisfactory to the Borrower and the Administrative Agent, by and among the Borrower, the Subsidiary Guarantors, the Administrative Agent, the Collateral Agent and each other authorized representative and agent from time to time party thereto.