Initial Intercreditor Agreement definition

Initial Intercreditor Agreement means that certain Intercreditor Agreement dated as of the Agreement Date, by and among the Collateral Agent, Xxxxx Xxxxxxx Finance LLC, as the Initial Fixed Asset Collateral Agent (as defined therein), the other agents party thereto (if any) and the Obligors, as may be amended, restated, amended and restated, supplemented, waived or otherwise modified from time to time in accordance with the terms hereof and the provisions of such Intercreditor Agreement.

Initial Intercreditor Agreement the Intercreditor Agreement, dated as of the Closing Date, among Holdings, UK Holdco, the other Borrowers and the other Guarantors party thereto, Bank of America, N.A., as Credit Agreement Collateral Agent (as defined therein) for the Credit Agreement Secured Parties referred to therein, Wilmington Trust, National Association, as Initial Notes Collateral Agent (as defined therein) for the Notes Secured Parties referred to therein, and each additional Authorized Representative (as defined therein) from time to time party thereto for the Additional First Lien Secured Parties (as defined therein).

Initial Intercreditor Agreement shall have the meaning provided in Section 6.10.

Examples of Initial Intercreditor Agreement in a sentence

• Furthermore, at all times prior to the Discharge of ABL Facility Obligations (as defined in the Initial Intercreditor Agreement), the Collateral Agent is authorized by the parties hereto to effect transfers of such Collateral at any time in its possession (and any “control” or similar agreements with respect to such Collateral) to the ABL Agent.

• In the event of any conflict between the terms of the Initial Intercreditor Agreement and this Trademark Security Agreement, the terms of the Initial Intercreditor Agreement shall govern and control.

• Notwithstanding anything herein to the contrary, the Liens and Security Interests granted to the Collateral Agent pursuant to this Trademark Security Agreement in any Collateral and the exercise of any right or remedy by the Collateral Agent with respect to any Collateral hereunder are subject to the provisions of the Initial Intercreditor Agreement.

• Notwithstanding anything herein to the contrary, the Liens and Security Interests granted to the Collateral Agent pursuant to this Copyright Security Agreement in any Collateral and the exercise of any right or remedy by the Collateral Agent with respect to any Collateral hereunder are subject to the provisions of the Initial Intercreditor Agreement.

• On the Closing Date, each Credit Party, the Collateral Agent (for and on behalf of the Secured Creditors) and the ABL Agent (for and on behalf of the ABL Secured Parties) shall have duly authorized, executed and delivered the Initial Intercreditor Agreement in the form of Exhibit J (as amended, restated, amended and restated, modified and/or supplemented from time to time, the “Initial Intercreditor Agreement”), and the Initial Intercreditor Agreement shall be in full force and effect.

More Definitions of Initial Intercreditor Agreement

Initial Intercreditor Agreement means the Intercreditor Agreement substantially in the form of Exhibit G hereto, dated as of the Closing Date, among, inter alios, the Second Lien Collateral Agent, as agent for the Second Lien Claimholders (as defined therein), the Administrative Agent, as agent for the First Lien Claimholders (as defined therein), and the Loan Parties from time to time party thereto.

Initial Intercreditor Agreement means the First Lien/Second Lien Intercreditor Agreement dated as of the Issue Date among the Senior Agent, the Collateral Agent, the Company and each Guarantor, as it may be amended, restated, amended and restated, supplemented, replaced or otherwise modified from time to time, in accordance with this Indenture.

Initial Intercreditor Agreement means any intercreditor agreement substantially in the form of Exhibit G hereto.

Initial Intercreditor Agreement means that certain ABL Intercreditor Agreement, dated as of the Closing Date, among, inter alia, Holdings, the Lead Borrower, the Common Collateral Agent and the Administrative Agent, as amended, modified, supplemented, substituted, replaced or restated, in whole or in part, from time to time in accordance with the terms thereof.

Initial Intercreditor Agreement means that certain Intercreditor and Proceeds Agreement dated as of February 28, 2020 by and among certain of the parties hereto, together with all amendments, supplements and other modifications thereto, as in effect immediately prior to the Restatement Date.

Initial Intercreditor Agreement means the intercreditor agreement between Purchaser, the Seller GPSA Entities, Braydon and Trans Oceanic, in form and substance satisfactory to each of the parties thereto, to be entered into on or before the First Tranche Closing Date.

Initial Intercreditor Agreement means that certain Amended and Restated Intercreditor Agreement, dated as of September 30, 2020, among Holdings, the Borrower, the other Grantors from time to time party thereto, the ABL Agent, the Priming Agent and Wilmington Trust, National Association, as second lien term loan administrative agent and as second lien term loan collateral agent, as amended, restated, amended and restated, modified and/or supplemented from time to time, including pursuant to the Initial Intercreditor Agreement Joinder.