Definition of Term Intercreditor Agreement


Term Intercreditor Agreement means the Intercreditor Agreement, dated as of the date hereof, among the Borrower, Holdings, the other Guarantors, the Administrative Agent and the Term Agent, as the same may be amended, amended and restated, supplemented or otherwise modified from time to time.

Examples of Term Intercreditor Agreement in a sentence

Reference is made to the ABL Intercreditor Agreement and the Term Intercreditor Agreement.
Authorized Term Collateral Agent shall have the meaning given such term in the Term Intercreditor Agreement.
The requirement set forth in the preceding sentence is subject to the terms of the ABL Intercreditor Agreement and the Term Intercreditor Agreement.
In the event of any conflict or inconsistency between the provisions of the ABL Intercreditor Agreement or the Term Intercreditor Agreement, on the one hand, and this Agreement, on the other hand, the provisions of the ABL Intercreditor Agreement or the Term Intercreditor Agreement, as applicable, shall control.
Each of the Lenders hereby irrevocably appoints the Agent as its agent and authorizes the Agent to take such actions on its behalf and to exercise such powers as are delegated to the Agent by the terms of the Loan Documents, together with such actions and powers as are reasonably incidental thereto (including, for the avoidance of doubt, to enter into the ABL Intercreditor Agreement, the Term Intercreditor Agreement and any other intercreditor agreement expressly contemplated by Section 6.01).