Intercreditor Deed definition

Intercreditor Deed means the intercreditor deed dated on or about the date of this Agreement initially by and among the Security Agent, the Lender, the Junior Investor, the Individual Obligor, the Onshore Parent Guarantor and the Borrower, as amended and supplemented from time to time pursuant to the terms thereto.
Intercreditor Deed has the meaning ascribed to such term in clause 1.1 of the Senior Bridge Facilities Agreement.
Intercreditor Deed means the intercreditor deed dated 6 August 2004, entered into by, amongst others, BNP Paribas Trust Corporation UK Limited, as security trustee under the Senior Facility Agreement, Matel Holdings N.V., the Obligors as defined therein, certain hedge counterparties and the Existing High Yield Trustee as defined therein, as amended and restated on 27 April 2007 by way of supplemental deed, as further amended and restated on 3 March 2008 by way of second supplemental deed and as further amended and restated on 4 March 2009 by way of third supplemental deed.

Examples of Intercreditor Deed in a sentence

  • The Security Trustee may assign its rights under this Agreement to a successor Security Trustee appointed in accordance with the Security Trust and Intercreditor Deed and shall promptly give notice of any such assignation to the Account Bank.

  • The parties hereto each acknowledge that the Security Trustee when acting hereunder shall be acting in accordance with and subject to the terms of the Security Trust and Intercreditor Deed.

  • The Secretary of State's right to payment under clause 9.1(a) is postponed in accordance with the Security Trust and Intercreditor Deed.

  • Such reimbursement shall be made in accordance with the Security Trust and Intercreditor Deed.

  • Notwithstanding the foregoing, where any term or provision of this Agreement or the Security Trust and Intercreditor Deed is expressly or impliedly incorporated into a Finance Document, each such term or provision shall be construed in accordance with the Master Definitions Agreement.


More Definitions of Intercreditor Deed

Intercreditor Deed means the Intercreditor Deed first entered into among the Issuer, NTLIH, Credit Suisse First Boston, The Bank of New York and the senior lenders party thereto, on April 13, 2004, as the same may be amended, modified, supplemented, extended or replaced from time to time, in each case in accordance with the terms of the Indenture, including by the accession of the Trustee thereto.
Intercreditor Deed means the intercreditor deed between the First Mortgagee and the Builder under which the Post Delivery Instalment shall rank behind the claims of the First Mortgagee under the First Loan entered into or to be entered into between (inter alia) the First Mortgagee and the Buyer providing (inter alia) for the First Security. “Letter of Guarantee” has the meaning given in Clause 3.2. “Mortgage” has the meaning given in Clause 3.3. “Post Delivery Instalment” has the meaning given in Clause 2.1. “Post Delivery Instalment Due Date” has the meaning given in Clause 2.3. “Promissory Note” has the meaning given in Clause 3.1. “Second Security” means the Mortgage, the Assignment and the Time Charter Assignment. “Tax” means any tax (other than tax on the overall income of the Builder, levy, impost, duty or other charge or withholding of a similar nature (including any penalty or interest payable in connection with any failure to pay or any delay in paying any of the same). “Tax Deduction” means a deduction or withholding for or on account of Tax from a payment under a Transaction Document except for those imposed in Korea upon the payment of the Post Delivery Instalment. “Time Charterer” means Hyundai Merchant Marine Co., Ltd of Korea. “Time Charter” means the time charter dated 18 October 2007 as amended by addendum no. 1 and addendum no. 2 between the Buyer and the Time Charterer. “Time Charter Assignment” has the meaning given in Clause 3.5. “Total Loss” means: (a) actual, constructive, compromised, agreed or arranged total loss of the Vessel; (b) requisition for title or other compulsory acquisition of the Vessel otherwise than by requisition for hire; (c) capture, seizure, arrest, detention, or confiscation of the Vessel by any person, governmental authority or government or by persons acting or purporting to act on behalf of any government or any other person which deprives the Buyer of the use of the Vessel for 90 days or more after that occurrence; and (d) requisition for hire of the Vessel by any government or by persons acting or purporting to act on behalf of any government which deprives the Buyer of the use of the Vessel for a period of 90 days or more. “Transaction Documents” means the Contract, this Agreement, the Second Security, the Promissory Notes, the Letter of Guarantee, the Time Charter Assignment and the Intercreditor Deed.
Intercreditor Deed means the intercreditor agreement (if any) entered or to be entered into between (i) the Owners and the Charterers in respect of the Vessel and (ii) other owners and charterers in respect of other vessels, and designated as the Intercreditor Deed by the Owners and the Obligors;
Intercreditor Deed means the intercreditor deed dated originally dated 14 December 2018 and made initially by and among the Issuer, the guarantors, the security trustee and each of the investor named therein, respectively, as amended and supplemented from time to time pursuant to the terms thereto;
Intercreditor Deed means the intercreditor deed dated 6 August 2004, entered into by, inter alios, the Security Trustee, the Ultimate Parent, the Obligors, the Hedge Counterparties (as such term is defined in the Intercreditor Deed) and the HY Trustee as amended and restated on 27 April 2007 and 3 March 2008 and as amended and restated (or to be amended and restated) pursuant to the Third Intercreditor Supplemental Deed.
Intercreditor Deed means an intercreditor deed to be entered into between (1) the Agent, (2) the Security Trustee, (3) the Borrower, (4) the Lenders, (5) the KEIC Agent and (6) the Swap Providers.
Intercreditor Deed means the deed entitled "Intercreditor Deed" to be dated before Financial Close and made between, among others, the Borrower, the Lenders, the Agent and the Security Trustee.