Examples of General Intercreditor Agreement in a sentence
Any or all of the Collateral delivered to Collateral Agent may be held in an interest-bearing or non-interest-bearing account, in Collateral Agent’s sole and absolute discretion, and such interest may be applied to payment of the Secured Obligations in accordance with the Collateral Agent Agreement, the First Lien Intercreditor Agreement and the General Intercreditor Agreement.
Terms used without definition herein have the meanings assigned to such term by the Additional General Intercreditor Agreement, dated as of [ ], 2009 (the “Additional General Intercreditor Agreement”), among Bank of America, N.A., as First Lien Collateral Agent, The Bank of New York Mellon, as Junior Lien Collateral Agent and 2006 Second Lien Trustee, and The Bank of New York Mellon Trust Company, N.A., as 2009 Second Lien Indenture Trustee.
Xxxxxxxx Title: Authorized Signatory [Consent to Additional General Intercreditor Agreement] SCHEDULE I Subsidiary Guarantors Columbia ASC Management, L.P. American Medicorp Development Co. Bay Hospital, Inc.
Xxxxxxxx Title: Senior Vice President – Finance and Treasurer [Consent to Additional General Intercreditor Agreement] Each of the GUARANTORS listed on Schedule I hereto By: /s/ Xxxxxx X.
If the sale of all or any part of the Collateral is made on credit or for future delivery, Collateral Agent shall not be required to apply any portion of the sale price to the Secured Obligations until such amount actually is received by Collateral Agent, and any Collateral so sold may be retained by Collateral Agent, subject to the terms of the Indenture and the General Intercreditor Agreement, until the sale price is paid in full by the purchaser or purchasers thereof.