Intercreditor Deeds definition

Intercreditor Deeds means the deeds substantially in the form set out in Annexures 7A and 7B, as may be amended with the agreement of JHINV and the NSW Government (in each case acting reasonably) as the result of review by, and negotiations with, JHINV’s existing bank Lenders.

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Intercreditor Deeds means the High Yield Intercreditor Deed and the Group Intercreditor Deed.

Intercreditor Deeds means any deed, agreement or document governing the ranking of priority of security interests in assets which is made between inter alios the Group (or any member of the Group) and any creditors of the Group; Issuer Security: means a debenture containing fixed and floating charges over the Fixed Charge Asset and the Floating Charge Assets in the form agreed between the Issuer and the Security Trustee and to be executed by the Issuer in favour of the Security Trustee, for itself and the Loan Noteholders, and to which future Group Companies are required to accede; Land: has the meaning given in the Issuer Security; Party: means a party to this Deed; Proceedings: means as defined in clause 5.3;

Examples of Intercreditor Deeds in a sentence

• The Issuer will furnish to any Holder upon written request and without charge a copy of the Indenture, the Security Documents and/or the Intercreditor Deeds.

• Each Holder, by accepting a Note, authorizes and requests the Security Trustee to, on such Holder’s behalf, (a) make all undertakings, representations, offers and agreements of the Security Trustee set forth in the Intercreditor Deeds and any Additional Intercreditor Deeds, and, to the extent applicable, the Security Documents and (b) take all actions called for to be taken by the Security Trustee in the Intercreditor Deeds and the Security Documents.

• The obligations of the Guarantors to the Holders of Notes and to the Trustee pursuant to the Note Guarantee and the Indenture are expressly set forth in Article 10 of the Indenture and the Intercreditor Deeds and reference is hereby made to the Indenture for the precise terms of the Note Guarantee.

• Subject to certain exceptions, the Indenture, the Notes, the Intercreditor Deeds and the Security Documents may be amended, or default may be waived, with the consent of the Holders of a majority in principal amount of the outstanding Notes.

• In relation to the Intercreditor Deeds or an Additional Intercreditor Deed, the Trustee shall consent on behalf of the Holders to the payment, repayment, purchase, repurchase, defeasance, acquisition, retirement or redemption of any obligations subordinated to the Notes thereby; provided, however, that such transaction would comply with Section 4.07.

• However, the Trustee may refuse to follow any direction that conflicts with law, this Indenture or the Intercreditor Deeds or that the Trustee determines may be unduly prejudicial to the rights of other Holders of Notes or that may involve the Trustee in personal liability.

• Each Holder, by accepting a Note, agrees to be bound by all of the terms and provisions of the Indenture, the Security Documents, Intercreditor Deeds and any Additional Intercreditor Deeds, as the same may be amended from time to time, and acknowledges that the claims of Holders of the Notes are subject to the Intercreditor Deeds and any Additional Intercreditor Deeds.

• The Company and the Issuer may, at the option of its Board of Directors evidenced by a resolution set forth in an Officer’s Certificate, at any time, elect to have either Section 8.02 or 8.03 hereof be applied to all outstanding Notes, the Note Guarantees, this Indenture, the Intercreditor Deeds and the Collateral Documents, and cause the release of all Liens on the Collateral granted under the Collateral Documents upon compliance with the conditions set forth below in this Article 8.

• The Security Trustee holds the Collateral in trust for the benefit of the Trustee and the Holders, in each case pursuant to the Collateral Documents and the Intercreditor Deeds.

• In relation to the Intercreditor Deeds or an Additional Intercreditor Deed, the Trustee shall consent on behalf of the holders to the payment, repayment, purchase, repurchase, defeasance, acquisition, retirement or redemption of any obligations subordinated to the Notes thereby; provided, however, that such transaction would comply with Section 4.07.

More Definitions of Intercreditor Deeds

Intercreditor Deeds means, at any time, the intercreditor deed of the same date as this Agreement between the Borrower, the Mezzanine Agent, the Mezzanine Security Trustee, the Mezzanine Lenders, the Hedging Bank and the Senior Lender and at any time after the date of this Agreement any intercreditor deed certified in the agreed terms as the Mezzanine Agent acting on the instructions of all the Mezzanine Lenders shall designate and shall constitute an InterCreditor Deed and "INTERCREDITOR DEED" means any of them;

Intercreditor Deeds means any deed, agreement or document governing the ranking of priority of security interests in assets which is made between inter alios the Group (or any member of the Group) and any creditors of the Group; Issuer Security: means a debenture containing fixed and floating charges over the Fixed Charge Asset and the Floating Charge Assets in the form agreed between the Issuer and the Security Trustee and to be executed by the Issuer in favour of the Security Trustee, for itself and the Loan Noteholders, and to which future Group Companies are required to accede; Land: has the meaning given in the Issuer Security;