Lockbox Intercreditor Agreement definition

Lockbox Intercreditor Agreement means the Intercreditor Agreement, dated as of December 9, 2022, by and among Exeter, the Intercreditor Agent and each other party that becomes a party thereto from time to time by executing an accession agreement, and to which agreement the Issuer and the Indenture Trustee have become parties by execution of an accession agreement dated as of June 29, 2023.
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Lockbox Intercreditor Agreement means the Amended and Restated Lockbox Intercreditor Agreement, dated as of April 18, 2005, among the Lockbox Bank, the Servicer, the Borrower, and certain other parties.
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Lockbox Intercreditor Agreement. The Amended and Restated Lockbox Intercreditor Agreement, dated as of April 18, 2005, among the Lockbox Bank, the Servicer, certain other parties thereto and subsequent parties joined pursuant to the terms thereof (including the Issuer and the Trustee), as amended, supplemented or otherwise modified from time to time.
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Examples of Lockbox Intercreditor Agreement in a sentence

  • The Servicer shall not commingle funds constituting Collections with respect to any Pledged Receivable with any other funds of the Servicer; provided, that such commingling may occur in the Lockbox Account so long as the Lockbox Intercreditor Agreement is in full force and effect.

  • The Trustee shall not enter into any material amendment, modification, supplement, consent or waiver of the Lockbox Intercreditor Agreement without the satisfaction of the Rating Agency Condition.

  • The Issuer has good and marketable title to the Collateral (including the Collection Account, the Reserve Account, the Servicer Transition Account and all amounts from time to time on deposit in the Lockbox Account with respect to the Contracts), free and clear of any Liens (except as otherwise provided in the Lockbox Intercreditor Agreement and the rights of Obligors to Security Deposits retained by the Issuer).

  • The Issuer has good and marketable title to the Collateral (including the Collection Account, the Reserve Account, the Prefunding Account, the Capitalized Interest Account, the Servicer Transition Account and all amounts from time to time on deposit in the Lockbox Account with respect to the Contracts), free and clear of any Liens (except as otherwise provided in the Lockbox Intercreditor Agreement and the rights of Obligors to Security Deposits retained by the Issuer).

  • The Trustee shall not enter into any material amendment, modification, supplement, consent or waiver of the Lockbox Intercreditor Agreement without the consent of the Control Party and satisfaction of the Rating Agency Condition.

  • The parties hereto hereby acknowledge and agree that at all times prior to and following the Lockbox Change Date, any Collections or other payments under the Pledged Receivables which are remitted to the Lockbox Account described in clause (i)(x) of the definition thereof shall remain subject to the Lockbox Intercreditor Agreement.

  • The Issuer has good and marketable title to the Collateral (including the Collection Account, the Reserve Account, the Servicer Transition Account and all amounts from time to time on deposit in the Lockbox Account with respect to the Contracts), free and clear of any Liens (except as otherwise provided in the Lockbox Intercreditor Agreement and the rights of Obligors to Security Deposits retained by the Partnership).

  • The Issuer has good and marketable title to the Collateral (including the Collection Account, the Reserve Account, the Prefunding Account, the Capitalized Interest Account and all amounts from time to time on deposit in the Lockbox Account with respect to the Contracts), free and clear of any Liens (except as otherwise provided in the Lockbox Intercreditor Agreement and the rights of Obligors to Security Deposits retained by the Issuer).

  • The Trustee shall not enter into any material amendment, modification, supplement, consent or waiver of the Lockbox Intercreditor Agreement without the consent of all Noteholders.

  • Each Loan Party shall cause all proceeds of the Collateral to be deposited into the Lockbox Master Account for application to or at the direction of the Administrative Agent as provided for in the Lockbox Intercreditor Agreement.


More Definitions of Lockbox Intercreditor Agreement

Lockbox Intercreditor Agreement means the Intercreditor and Lockbox Administration Agreement, dated as of March 1, 2002, by and among the Servicer, ICF, the Indenture Trustee, Owner Trust and each other Person made a party thereto from time to time in accordance with the terms and conditions thereof.
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Lockbox Intercreditor Agreement shall have the meaning set forth in the Indenture.
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Lockbox Intercreditor Agreement. The Intercreditor and Lockbox Administration Agreement, dated as of March 28, 2002, by and among Interpool, Interpool Chassis Funding, LLC, National City Bank, as a joined party, the Indenture Trustee, as a joined party, the Lockbox Trustee, the Lockbox Bank, the Lockbox Servicer and each other Joined Party made a party thereto from time to time in accordance with the terms and conditions thereof, as such agreement may be amended, modified, supplemented or restated from time to time.
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Lockbox Intercreditor Agreement means the Intercreditor Agreement, dated as of [___], 20[_], by and among Exeter, the Intercreditor Agent and each other party that becomes a party thereto from time to time by executing an accession agreement, and to which agreement the Issuer and the Indenture Trustee have become parties by execution of an accession agreement dated as of [___], 20[_].]
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Lockbox Intercreditor Agreement means that certain Third Amended and Restated Lockbox Control and Intercreditor Agreement dated as of March 31, 2010, as modified by the Substitution of Master Agent Agreement dated as of January 8, 2014, by and among the Borrower, BMO Xxxxxx Bank N.A., in its capacity as the CCG Lending Group Agent and as the successor Master Agent, CCG Receivables III, LLC, U.S. Bank National Association, in its capacity as 0000-0 Xxxxxxxxx Trustee and 2013-1 Indenture Trustee, SunTrust Xxxxxxxx Xxxxxxxx, Inc., in its capacity as the CCG Receivables III Lending Group Agent, Portfolio Financial Servicing Company, Inc., as Backup Servicer, CCG Receivables V, LLC, CCG Receivables VI, LLC, BMO Capital Markets Corp., as CCG Receivables V Lending Group Agent, JPMorgan Chase Bank, N.A., as CCG Receivables VI Lending Group Agent, as the same may be amended, modified, supplemented or restated from time to time in accordance with the terms thereof.
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Lockbox Intercreditor Agreement. The Intercreditor and Lockbox Administration Agreement, dated as of March 28, 2002, by and among Interpool, Interpool Chassis Funding, LLC, Wachovia Capital Markets, LLC, Bank of New York, National Association (as successor to JPMorgan Chase Bank), as the ICF Indenture Trustee (as defined therein), ILFT 2002-B, as a joined party, ILFT 2002-C, as a joined party, National City Bank, as a joined party, the Indenture Trustee, the Lockbox Trustee, the Lockbox Bank, the Lockbox Servicer and each other Joined Party made a party thereto from time to time in accordance with the terms and conditions thereof, as such agreement may be amended, modified, supplemented or restated from time to time.
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Related to Lockbox Intercreditor Agreement

  • Intercreditor Agreement means the Intercreditor Agreement dated as of the Issue Date (and as may be amended, restated, amended and restated, supplemented or otherwise modified from time to time), between, among others, the Company, the Guarantors, the Trustee, the Collateral Agent, and each additional authorized representative and collateral agent from time to time party thereto.

  • First Lien Intercreditor Agreement means a First Lien Intercreditor Agreement among the Administrative Agent, the Collateral Agent and one or more Senior Representatives for holders of Indebtedness secured by Liens on the Collateral that are pari passu with the Liens on the Collateral securing the Senior Credit Obligations, in form and substance reasonably satisfactory to the Administrative Agent.

  • Second Lien Intercreditor Agreement means the Second Lien Intercreditor Agreement substantially in the form of Exhibit H among the Administrative Agent and one or more Senior Representatives for holders of Permitted Second Priority Refinancing Debt, with such modifications thereto as the Administrative Agent may reasonably agree.

  • Acceptable Intercreditor Agreement means the Intercreditor Agreement, a Market Intercreditor Agreement, or another intercreditor agreement that is reasonably satisfactory to the Administrative Agent (which may, if applicable, consist of a payment “waterfall”).

  • Intercreditor Agreements means the First Lien Intercreditor Agreement and the Second Lien Intercreditor Agreement, collectively, in each case to the extent in effect.

  • First Lien/Second Lien Intercreditor Agreement means an intercreditor agreement substantially in the form of Exhibit H hereto, or such other customary form reasonably acceptable to the Administrative Agent and the Borrower, in each case, as such document may be amended, restated, supplemented or otherwise modified from time to time.

  • Permitted Pari Passu Intercreditor Agreement means, with respect to any Liens on Collateral that are intended to be pari passu with the Liens securing the Term B Loans (and other Loan Obligations that are pari passu with the Term B Loans), either (as the Borrower shall elect) (x) the First Lien/First Lien Intercreditor Agreement, (y) another intercreditor agreement not materially less favorable to the Lenders vis-à-vis such pari passu Liens than the First Lien/First Lien Intercreditor Agreement (as determined by the Borrower in good faith) or (z) another intercreditor agreement the terms of which are consistent with market terms governing security arrangements for the sharing of liens on a pari passu basis at the time such intercreditor agreement is proposed to be established in light of the type of Indebtedness to be secured by such liens, as determined by the Administrative Agent and the Borrower in the exercise of reasonable judgment.

  • Permitted Junior Intercreditor Agreement means, with respect to any Liens on Collateral that are intended to be junior to any Liens securing the Term B Loans (and other Loan Obligations that are pari passu with the Term B Loans) (including, for the avoidance of doubt, junior Liens pursuant to Section 2.21(b)(ii) and (v)), either (as the Borrower shall elect) (x) the First Lien/Second Lien Intercreditor Agreement if such Liens secure “Second Lien Obligations” (as defined therein), (y) another intercreditor agreement not materially less favorable to the Lenders vis-à-vis such junior Liens than the First Lien/Second Lien Intercreditor Agreement (as determined by the Borrower in good faith) or (z) another intercreditor agreement the terms of which are consistent with market terms governing security arrangements for the sharing of liens on a junior basis at the time such intercreditor agreement is proposed to be established in light of the type of Indebtedness to be secured by such liens, as determined by the Administrative Agent and the Borrower in the exercise of reasonable judgment.

  • Intercreditor Agent has the meaning given to such term in the Intercreditor Agreement.