Third Lien Intercreditor Agreement definition

Third Lien Intercreditor Agreement has the meaning assigned to such term in Section 8.18.
Third Lien Intercreditor Agreement means an intercreditor agreement among the Administrative Agent and one or more Senior Representatives for holders of Permitted Third Priority Refinancing Debt, reasonably satisfactory to the Administrative Agent and the Borrower.
Third Lien Intercreditor Agreement means (i) the third lien subordination and intercreditor agreement dated as of [•], 2016 among the Noteholder Collateral Agent, the Trustee, the Credit Agreement Collateral Agent, the Credit Agreement Agent, the Senior Secured Collateral Agent, the Senior Secured Trustee, the Grantors and the other parties from time to time party thereto, as such intercreditor agreement may be further amended, restated, supplemented or otherwise modified from time to time in accordance with the Indenture and (ii) any replacement thereof that contains terms not materially less favorable to the Holders as determined in good faith by the Board of Directors of the Company.

Examples of Third Lien Intercreditor Agreement in a sentence

  • Capitalized terms used herein but not otherwise defined herein shall have the meanings assigned to such terms in the Third Lien Intercreditor Agreement.

  • This Grantor Joinder Agreement supplements the Third Lien Intercreditor Agreement and is being executed and delivered by the New Grantor pursuant to Section 9.20 of the Third Lien Intercreditor Agreement.

  • The undersigned Additional Second Lien Representative (the “New Representative”) and Additional Second Lien Collateral Agent (the “New Collateral Agent”) are executing this Joinder Agreement in accordance with the requirements of the Third Lien Intercreditor Agreement.

  • This Designation is being executed and delivered in order to designate additional secured Obligations of the Company and the grantors as [Additional First Lien Obligations][Additional Second Lien Obligations] entitled to the benefit of and subject to the terms of the Third Lien Intercreditor Agreement.

  • The provisions of Section 9 of the Third Lien Intercreditor Agreement will apply with like effect to this Grantor Joinder Agreement.


More Definitions of Third Lien Intercreditor Agreement

Third Lien Intercreditor Agreement means the Third Lien Intercreditor Agreement substantially in the form of Exhibit K or such other form approved by the Administrative Agent in its reasonable discretion; provided that any such other form shall have been posted to Lenders on the Platform not less than five (5) Business Days prior to the date of execution thereof and the Majority Lenders shall not have objected thereto within such five (5) Business Day period.
Third Lien Intercreditor Agreement means the Third Lien Intercreditor Agreement dated as of April 30, 2021 (as amended, restated, amended and restated, supplemented or otherwise modified from time to time) by and among the Issuer, the grantors party thereto, the First Lien Designated Representative, the Second Lien Designated Representative and the Pension Benefit Guaranty Corporation, as Third Lien Representative.
Third Lien Intercreditor Agreement means that certain third lien subordination and intercreditor agreement, dated as of February [●], 2016, by and between (amongst others) the Company, the First Assignee, the Collateral Agent and the Grantors (as defined therein), as the same has been and may hereafter be further amended, restated, supplemented, refinanced, replaced or otherwise modified from time to time.
Third Lien Intercreditor Agreement means an intercreditor agreement that sets forth the relative priority and rights of the Liens junior to the Notes in a manner similar to how the Notes are treated in the Junior Lien Intercreditor Agreement.
Third Lien Intercreditor Agreement means that certain Third Lien Intercreditor Agreement dated as of January 6, 2020 (as amended or modified from time to time), by and among the Term Loan Agent, the Revolving Loan Agent, and the Third Lien Agent, and acknowledged by the Obligor and other Grantors.
Third Lien Intercreditor Agreement means the Intercreditor Agreement among the Third Priority Lien Collateral Agent, the Third Lien Notes trustee, any other the Junior Lien Collateral Agent, the Third Lien Exchangeable Notes trustee, the Company, the Guarantors and the other parties from time to time party thereto, to be entered into on the Issue Date, as it may be amended, restated, supplemented or otherwise modified from time to time in accordance with the Third Lien Indenture.
Third Lien Intercreditor Agreement means an intercreditor agreement among the Administrative Agent and one or more Senior Representatives for the holders of Indebtedness secured on a junior basis to the Obligations under the Initial Loans, in form and substance reasonably acceptable to the Administrative Agent and the Borrower. Wherever in this Agreement a Senior Representative is required to become party to the Third Lien Intercreditor Agreement, if the related Indebtedness is the initial Indebtedness incurred by the Borrower or any Restricted Subsidiary to be secured by a Lien junior to the Liens securing the Obligations, then the Borrower, Holdings, the Subsidiary Guarantors, the Administrative Agent, the Senior Representative for such Indebtedness and, if the First Lien Administrative Agent elects to become a party thereto, the First Lien Administrative Agent, shall execute and deliver the Third Lien Intercreditor Agreement and the Administrative Agent shall be authorized to execute and deliver the Third Lien Intercreditor Agreement.