Examples of Intercreditor Agent in a sentence
Xxxxxxxx Telephone: (000) 000-0000 Email: xxxxxxxx.xxxxxxxx@xxxxxx.xxx U.S. Bank National Association, as Intercreditor Agent Global Corporate Trust Services 000 00xx Xxxxxx, XX-XX-0XXX Denver, Colorado 80202 Attention: Xxxxxxxx X.
On July 30, 2009 THERMAIKI ODOS SA pursuant to an order of the Intercreditor Agent and in accordance to the provisions of the Concession Agreement, notified to the State about the Termination of the Concession Agreement due to State Event of Default.
On July 27, 2009 the Intercreditor Agent notified the concession company THERMAIKI ODOS SA, which is consolidated under ELLAKTOR SA by a 50% participation with the proportional method, of the termination of the Designated Loan Agreements pursuant to the Common Terms Agreement (Concession Agreement Events of Delay), given that, as a result of the contribution of one of more Events of Delay, the total of the extensions granted to THERMAIKI ODOS had exceeded 18 months.
All decisions with respect to the type of Enforcement Action which is to be commenced shall be made by, and all actions with respect to prosecution and settlement of such Enforcement Action shall require the written consent of, the Intercreditor Agent (acting in accordance with the terms of the Intercreditor Agreement), and the Collateral Agent shall not be required to take any Enforcement Action in the absence of any such written consent.
Each Second-Priority Agent, on behalf of itself and each applicable Second-Priority Secured Party, hereby irrevocably waives any defense based on the adequacy of a remedy at law and any other defense that might be asserted to bar the remedy of specific performance in any action that may be brought by the Intercreditor Agent.