Intercreditor Agent definition

Intercreditor Agent means the Person acting as agent on behalf of (a) the Issuer and the Indenture Trustee, with respect to amounts representing proceeds of the Receivables which are deposited in the Lockbox Account from time to time, and (b) other Persons, with respect to other amounts deposited in the Lockbox Account from time to time, in each case, pursuant to the terms of the Lockbox Intercreditor Agreement, and which agent will be (i) initially, Citibank, N.A. or its successor, or (ii) another Person named by the Servicer and in respect of which the Rating Agency Condition shall have been satisfied.
Intercreditor Agent has the meaning given to such term in the Intercreditor Agreement.
Intercreditor Agent means DB Trustees (Hong Kong) Limited, or its successors or assignees appointed pursuant to the Intercreditor Agreement.

Examples of Intercreditor Agent in a sentence

  • Executed counterparts of each of the Finance Documents have been delivered to the Intercreditor Agent on, or prior to, the Closing Date and the Intercreditor Agent has acknowledged receipt thereof.

  • The Intercreditor Agent shall have received the initial Operating Budget required pursuant to Section 10.5 (Operating Budget) relating to the Phase 1 Project Facilities.

  • The Obligors may not assign or transfer any of their rights or obligations under this Agreement without the prior written consent of the Intercreditor Agent, and any such attempted assignment or transfer without such prior written consent shall be void and invalid.

  • If the obligations are in different currencies, the Facility Lender, the Facility Agent and the Intercreditor Agent, as applicable, may convert either obligation at a market rate of exchange in its usual course of business for the purposes of the set-off.

  • The Intercreditor Agent shall promptly notify the Collateral Agent, the Borrower and each Facility Lender upon learning of the cessation of the Loan Facility Event of Default to which such certificate(s) related (such notice, a “Cessation Notice”).


More Definitions of Intercreditor Agent

Intercreditor Agent means Société Générale or any successor to it, appointed pursuant to the terms of the Intercreditor Agreement.
Intercreditor Agent means JPMCB, in its capacity as administrative agent for the Senior Lenders under the Credit Agreement and the other Senior Lender Documents entered into pursuant to the Credit Agreement, together with its successors (or if there is more than one Senior Credit Agreement, such agent or trustee as is designated “Intercreditor Agent” by Senior Lenders holding a majority of the Senior Lender Claims then outstanding) and permitted assigns under the Senior Credit Agreement exercising substantially the same rights and powers.
Intercreditor Agent means Citibank, N.A., in its capacity as the “Intercreditor Agent” under and pursuant to the terms of the Intercreditor Agreement.
Intercreditor Agent means Scotiabank, in its capacity as Intercreditor Agent under the Intercreditor Agreement, and any successor Intercreditor Agent appointed pursuant to the terms of the Intercreditor Agreement.
Intercreditor Agent means the person designated as the “Intercreditor Agent” pursuant to the terms of the Intercreditor Agreement from time to time.
Intercreditor Agent means Bankers Trust, in its capacity as the Agent under and pursuant to the terms of the Intercreditor Agreement.
Intercreditor Agent has the meaning given in Schedule A of the CSAA.