Intercreditor and Subordination Agreement definition

Intercreditor and Subordination Agreement means the intercreditor and subordination agreement, dated as of the date hereof, by and among the Lenders.
Intercreditor and Subordination Agreement means an Intercreditor and Subordination Agreement in form and substance reasonably acceptable to the Required Lenders and the Agents entered into by the Agents, the holder or holders of Indebtedness, and the Loan Parties.
Intercreditor and Subordination Agreement means the intercreditor and subordination agreement, dated August 1, 2014, among Gravitas Financial Inc., the Lender and the Borrower, as amended, restated, amended and restated or replaced from time to time.

Examples of Intercreditor and Subordination Agreement in a sentence

  • This Credit Agreement, the Loan Documents and the Intercreditor and Subordination Agreement each shall be binding upon and shall inure to the benefit of the parties hereto and their respective heirs or successors in interest.

  • The Notes are secured, in part, by (i) a pledge and assignment of Payments (as defined in the Indenture), including without limitation, all amounts of money received by the Trustee with respect to IN WITNESS WHEREOF, the parties have caused this Intercreditor and Subordination Agreement to be duly executed as of the date first above written.

  • Lender may assign all or a portion of its rights under this Credit Agreement or any Loan Documents to an Affiliate of Lender without the consent of the Loan Parties; provided that such Affiliate of Lender agrees to be bound by all of the terms hereof and thereof and of the Intercreditor and Subordination Agreement; provided, further, that, unless Borrower otherwise consents in its sole and absolute discretion, Lender shall remain obligated under this Credit Agreement to make all Loans required hereunder.

  • Intercreditor and Subordination Agreement, dated as of June 27, 2012, between CD Financial, LLC and PNC Bank, National Association, and acknowledged by Integrated BioPharma, Inc., InB:Manhattan Drug Company, Inc., Agrolabs, Inc., IHT Health Products, Inc., IHT Properties Corp.

  • The DECD and Lender assert that the security interests granted to DECD to secure the DECD Prepetition Loan Obligations are subject to an Intercreditor and Subordination Agreement by and between DECD and Lender, dated November 11, 2015 and which they assert provides, inter alia¸ that the security interests of Lender to secure the Prepetition Loan Obligations would be first in priority and the security interests of DECD to secure the DECD Prepetition Loan Obligations would be second in priority.


More Definitions of Intercreditor and Subordination Agreement

Intercreditor and Subordination Agreement means the Intercreditor and Subordination Agreement, dated as of September 12, 2014, by and between Lender and NSM, as amended, amended and restated, supplemented or otherwise modified from time to time in accordance with the terms thereof.
Intercreditor and Subordination Agreement means the second amended and restated intercreditor and subordination agreement dated as of the date hereof between the Administrative Agent and O’Charley’s Finance Company, Inc., as amended, restated, supplemented or otherwise modified from time to time.
Intercreditor and Subordination Agreement means the Intercreditor and Subordination Agreement dated as of the date of the Original Agreement and entered into by American III and SNR (as the same may be amended, amended and restated, supplemented or otherwise modified from time to time in accordance with its terms).
Intercreditor and Subordination Agreement means that certain Intercreditor and Subordination Agreement dated June 9, 2008 among the Borrower, subsidiaries of the Borrower party thereto, JPMorgan Chase Bank, N.A., as Senior Agent, and Whitebox Teton, Ltd.,. as collateral agent for the Subordinated Noteholders, as amended and restated by that certain Amended and Restated Intercreditor and Subordination Agreement of even date herewith among the Borrower, subsidiaries of the Borrower party thereto, JPMorgan Chase Bank, N.A., as Senior Agent, and The Bank of New York Mellon Trust Company, N.A., as Subordinated Holder Representative and collateral agent, as further amended, supplemented or restated from time to time.
Intercreditor and Subordination Agreement means the Intercreditor and Subordination Agreement, dated as of the date of the Original Credit Agreement, by and between Lender and NSM, as amended, amended and restated, supplemented or otherwise modified from time to time in accordance with the terms thereof.
Intercreditor and Subordination Agreement means the Intercreditor and Subordination Agreement between Royal Bank of Canada, as Priority Lien Agent (as defined therein) and the Trustee, and acknowledged and agreed by the Company and certain of its Subsidiaries party thereto, dated as of the date hereof, as it may be amended, restated, supplemented or otherwise modified from time to time and substantially in the form set forth in Exhibit C attached hereto.
Intercreditor and Subordination Agreement means that certain Second Amended and Restated Intercreditor and Subordination Agreement, which shall be in a form acceptable to the Administrative Agent and the Lenders, dated as of the Closing Date among the Administrative Agent, certain of the Credit Parties, and The Royal Bank of Scotland plc, as agent for the lenders party to the Subordinated Credit Agreement.