Intercreditor Agreements definition
Examples of Intercreditor Agreements in a sentence
The Notes are expected to be secured by the Collateral on the terms of and subject to the conditions set forth in the Indenture, the Security Documents and any Intercreditor Agreements, subject to release or termination as provided in the Indenture, the Security Documents and any Intercreditor Agreements.
The Company, the Subsidiary Guarantors, the Trustee and the Notes Collateral Agent, and each Holder of a Note by its acceptance thereof, irrevocably waives, to the fullest extent permitted by applicable law, any and all rights to trial by jury in any legal proceeding arising out of or relating to this Indenture, the Notes, any Subsidiary Guarantee, the Security Documents, any Intercreditor Agreements or any transaction contemplated thereby.
The Trustee makes no representation as to the validity or adequacy of this Indenture, the Notes, any Intercreditor Agreements or the Security Documents, is not accountable for the Company’s use or application of the proceeds from the Notes and is not responsible for any statement in the Notes other than its certificate of authentication.
The Trustee and the Company hereby acknowledge and agree that the Notes Collateral Agent holds the Collateral in trust for the benefit of the Holders, the Trustee and the Notes Collateral Agent and pursuant to the terms of the Security Documents and any Intercreditor Agreements.
Furthermore, each Holder of a Note, by accepting such Note, consents to and approves the terms of and authorizes and directs the Notes Collateral Agent to (i) enter into and perform the duties provided for in any Intercreditor Agreements and each other Security Document in each of its capacities thereunder and (ii) bind the Holders to the terms of any Intercreditor Agreements.