First Lien Intercreditor Agreement means an agreement in substantially the form of Exhibit C, with such changes thereto as are reasonably acceptable to the Administrative Agent and the Company.

First Lien Intercreditor Agreement means a “pari passu” intercreditor agreement among the Collateral Agent and one or more Senior Representatives for holders of Permitted Pari Passu Secured Refinancing Debt in form and substance reasonably satisfactory to the Collateral Agent.

First Lien Intercreditor Agreement has the meaning assigned to such term in the Credit Agreement.

Examples of First Lien Intercreditor Agreement in a sentence

Furthermore, the collateral agent or representative under the First Lien Intercreditor Agreement or the First/First-and-a-Half Lien Intercreditor Agreement may fail to act in a timely manner which could impair the recovery of holders of the PIK Notes.
Finally, the First Lien Intercreditor Agreement and the First/First-and-a-Half Lien Intercreditor Agreement provide for a waiver of certain important rights in bankruptcy or insolvency proceedings, including the right to object to debtor-in- possession financing.
When it’s out, put the fill port cap back on immediately before the opening freezes.
The First Lien Intercreditor Agreement was entered into on 14 December 2010 by the administrative agent under the Senior Secured Facilities, as representative for the secured parties under the Senior Secured Facilities, and by the collateral agent for the obligations under the indenture governing the Senior Secured Notes.
The trustee and collateral agent under the First Lien Notes Indenture, as representative of the holders of such notes, will accede to the First Lien Intercreditor Agreement, which establishes the relative priority of the liens securing the obligations under the indenture governing the Senior Secured Notes (so long as they remain secured), the indenture governing the First Lien Notes and the Senior Secured Facilities.

More Definitions of First Lien Intercreditor Agreement

First Lien Intercreditor Agreement means the First Lien Intercreditor Agreement dated 5 November 2009 between, among others, the Collateral Agent, The Bank of New York Mellon, as trustee under the 2009 Senior Secured Notes Indenture, the 2010 Senior Secured Notes Indenture, the February 2011 Senior Secured Notes Indenture, the August 2011 Senior Secured Notes Indenture and the September 2012 Senior Secured Notes Indenture, Credit Suisse AG, as administrative agent under the Credit Agreement, and the Loan Parties, as further amended, novated, supplemented, restated or modified from time to time.”

First Lien Intercreditor Agreement means the intercreditor agreement, substantially in the form of Exhibit H to the First Lien Credit Facility (as in effect on the Acquisition Closing Date), among the First Lien Collateral Agent, the Trustee and the other parties from time to time party thereto, to be entered into on the Acquisition Closing Date (as amended, supplemented, modified, extended, renewed, restated, refunded or refinanced from time to time).

First Lien Intercreditor Agreement means the First Lien Intercreditor Agreement substantially in the form of Exhibit F-1 among the Administrative Agent and one or more Senior Representatives for holders of Permitted First Priority Refinancing Debt, any secured Indebtedness incurred pursuant to Section 6.01(a)(viii) or any secured Additional Notes issued pursuant to Section 6.01(a)(xxii), with such modifications thereto as the Administrative Agent may reasonably agree.

First Lien Intercreditor Agreement means the First Lien Intercreditor Agreement dated as of November 5, 2009, among the Collateral Agent, The Bank of New York Mellon, as trustee under the Senior Secured Note Indenture, Credit Suisse AG (formerly known as Credit Suisse), as administrative agent under the Credit Agreement and the Loan Parties, as amended on January 21, 2010 and as further amended, novated, supplemented, restated or modified from time to time. A copy of the First Lien Intercreditor Agreement and of its amendment is attached hereto as Exhibit “A”.

First Lien Intercreditor Agreement means the form of the First Lien Intercreditor Agreement substantially in the form of Exhibit E.

First Lien Intercreditor Agreement means an intercreditor agreement substantially in the form of Exhibit J-1 (which agreement in such form or with immaterial changes thereto the Collateral Agent is authorized to enter into) among Holdings, the Borrower, the subsidiaries of the Borrower from time to time party thereto, the Collateral Agent and one or more collateral agents or representatives for the holders of Indebtedness that is permitted under Section 7.03 to be, and intended to be, secured on a pari passu basis with the Obligations.

First Lien Intercreditor Agreement means the First Lien Intercreditor Agreement dated as of November 5, 2009, among the Collateral Agent, The Bank of New York Mellon, as trustee under the Senior Secured Note Indenture, Credit Suisse AG (formerly known as Credit Suisse), as administrative agent under the Credit Agreement, and the Loan Parties, as amended, novated, supplemented, restated or modified from time to time (including by the Amendment No. 1 and Joinder Agreement which added Wilmington Trust London Limited as a collateral agent under the First Lien Intercreditor Agreement);