Third Party Intercreditor Agreement definition

Third Party Intercreditor Agreement means an intercreditor agreement and/or priority agreement entered into or (as the context may require) to be entered into between, among others, the Security Agent and a Third Party Financier in form and substance satisfactory to each Third Party Financier and the Security Agent.
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Third Party Intercreditor Agreement means each participation agreement and co-lending agreement entered into by Fremont, and assigned to B Participant, in connection with a Loan.
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Examples of Third Party Intercreditor Agreement in a sentence

  • In connection with such Third Party Rights, each Lender shall have a right to the amounts due and payable to such Lender under this Agreement from the purchase or redemption price provided for in the Third Party Intercreditor Agreement, payable in accordance with the provisions of Section 8 hereof.

  • In the event of a conflict between the provisions of any of the Loan Documents and the provisions of the Approved Third Party Intercreditor Agreement, the provisions of the Approved Third Party Intercreditor Agreement shall control.

  • However, at all times there shall only be one Approved Third Party Intercreditor Agreement.

  • Accordingly, a condition of the Lenders for the addition of a Person as a Third Party Counterparty will be either the amendment of the then-existing Approved Third Party Intercreditor Agreement to add such Person thereto or the entry of all parties thereto and the new Person to a new Approved Third Party Intercreditor Agreement which replaces the then-existing Approved Third Party Intercreditor Agreement, as the Lenders in their discretion may determine.

  • The Lenders hereby acknowledge and agree that pursuant to certain of the Third Party Intercreditor Agreements, the other parties (and B Participant) may have the right, under certain circumstances, to initiate buy-sell and redemption procedures in accordance with the terms of the applicable Third Party Intercreditor Agreement (the “Third Party Rights”).

  • The Lenders hereby acknowledge and agree that pursuant to certain of the Third Party Intercreditor Agreements, the other parties (and B Participant) may have the right, under certain circumstances, to initiate buy-sell and redemption procedures in accordance with the terms of the applicable Third Party Intercreditor Agreement (the "Third Party Rights").

  • The term "Third Party Intercreditor Agreement" shall mean each participation agreement and co-lending agreement entered into by Fremont, and assigned to B Participant, in connection with a Loan.