Senior Lien Intercreditor Agreement definition

Senior Lien Intercreditor Agreement has the meaning assigned to such term in the recitals of this Agreement.

Senior Lien Intercreditor Agreement means the Intercreditor Agreement substantially in the form of Exhibit J among the Administrative Agent, the Collateral Agent, Rite Aid, the Subsidiary Guarantors and the Senior Representatives for purposes thereof for any Additional Senior Debt Parties.

Senior Lien Intercreditor Agreement means (i) the intercreditor agreement among the RBL Agent, the Collateral Agent, and the other parties from time to time party thereto, entered into on the Issue Date, as it may be amended, restated, supplemented or otherwise modified from time to time or (ii) any replacement thereof that contains terms not materially less favorable to the holders of the Notes than the intercreditor agreement referred to in clause (i).

Examples of Senior Lien Intercreditor Agreement in a sentence

• The Company, any Guarantors and the Trustee may modify or amend this Indenture or the Securities, the Guarantees, the First Lien Intercreditor Agreement, the Senior Lien Intercreditor Agreement, or the Security Documents without notice to any Holder but with the written consent of the Holders of not less than a majority in aggregate principal amount of the Securities then outstanding (including consents obtained in connection with a tender offer or exchange offer for the Securities).

• The Agent acknowledges that Debtors, the Trustee, for the benefit of the 2007 Bondholders, and the Lender, have entered into that certain Senior Lien Intercreditor Agreement dated , 2008 (the “Senior Intercreditor Agreement”).

• In the event of a conflict or inconsistency between (a) the terms and provisions of this Indenture, the Securities or the Security Documents (on the one hand) and (b) the terms and provisions of the Senior Lien Intercreditor Agreement or the First Lien Intercreditor Agreement (on the other hand), the terms and provisions of the Senior Lien Intercreditor Agreement or the First Lien Intercreditor Agreement, as applicable, shall govern.

• Notwithstanding anything herein to the contrary, the terms of this Agreement, and the rights of the Senior Collateral Agent and the Senior Secured Parties hereunder, are subject to the Collateral Trust and Intercreditor Agreement and, if then in effect, the Senior Lien Intercreditor Agreement.

• The parties tothe Senior Lien Intercreditor Agreement stipulate, and the Court hereby finds, that any repayment of the Prepetition ABL Credit Facility Obligations pursuant to this Interim Order shall not be deemed to constitute a “Discharge of ABL Obligations” (as defined in the Senior Lien Intercreditor Agreement).

More Definitions of Senior Lien Intercreditor Agreement

Senior Lien Intercreditor Agreement means a senior lien intercreditor agreement to be executed pursuant to Section 11.02 hereof in substantially the form of Exhibit E hereto as amended, amended and restated, modified, renewed or replaced from time to time.

Senior Lien Intercreditor Agreement means the Senior Lien Intercreditor Agreement, dated as of June 12, 2009, among the Company, the Subsidiary Guarantors, the Senior Collateral Agent, the Authorized Representative under the Senior Credit Facility and the Trustee, as the Authorized Representative under this Indenture, as the same may be amended, restated, supplemented or otherwise modified from time to time.

Senior Lien Intercreditor Agreement means the Senior Lien Intercreditor Agreement, dated as of May 4, 2012, among Verso Paper Holdings LLC, Verso Paper Finance Holdings LLC, the subsidiaries of Verso Paper Holdings LLC name therein, Citibank, N.A., as administrative agent and collateral agent under the credit agreement dated as of May 4, 2012, Credit Suisse AG, Cayman Islands Branch, as administrative agent and collateral agent under the credit agreement dated as of May 4, 2012, and Wilmington Trust, National Association, as the trustee and collateral agent under the Existing First-Lien Notes Indenture, as it may be amended, supplemented or otherwise modified from time to time.

Senior Lien Intercreditor Agreement means the Intercreditor Agreement substantially in the form of Exhibit J-1 (or such other form as may be reasonably acceptable to the Administrative Agent), with such changes as may be reasonably acceptable to the Administrative Agent and the Borrower, among the Senior Collateral Agent, the Borrower, the Subsidiary Loan Parties, the Administrative Agent as the Representative for the Senior Loan Secured Parties and the other Senior Representatives from time to time party thereto for purposes thereof for any Additional Senior Debt Parties.

Senior Lien Intercreditor Agreement means the Senior Lien Intercreditor Agreement of even date herewith, among the Grantors party thereto, Citi, as the Applicable Authorized Representative for the Term Loan Secured Parties and Other Second Lien Secured Parties, JPMorgan Chase Bank, N.A., as the Applicable First Lien Agent (as defined therein), as amended, restated, supplemented, replaced or otherwise modified from time to time.

Senior Lien Intercreditor Agreement means that certain Intercreditor Agreement dated as of April 7, 2017 (as amended or modified from time to time) among the Revolving Loan Agent and the Term Loan Agent, and acknowledged and consented to by the Obligor and other Grantors.

Senior Lien Intercreditor Agreement. ’ means a first lien/second lien intercreditor agreement, substantially in the form agreed in writing by the Trustee, the Notes Collateral Agent and the Company prior to the Issue Date and attached hereto as Exhibit C, among the administrative agent, trustee or other representative of the lenders or other holders under the Refinancing Facilities (and the Additional Refinancing Facilities, if any), as First Lien Agreement Agent (as defined therein), the collateral agent under the Refinancing Facilities, as First-Priority Collateral Agent (as defined therein), the Trustee, as Initial Second-Priority Agent (as defined therein), the Notes Collateral Agent, as Initial Second-Priority Collateral Agent (as defined therein), and the Notes Parties, as the same may be amended, restated, supplemented or otherwise modified from time to time in accordance with this Indenture.