as predecessor in interest to the Administrative Agent, certain of the Credit Parties, and The Royal Bank of Scotland plc, as agent for the lenders party to the Subordinated Credit Agreement, as amended by the First Amendment to Intercreditor and Subordination Agreement dated as of the Closing Da...
“ABL Agent” shall have the meaning assigned to that term in the introduction to this Agreement and shall include any successor or successors thereto as well as any Person designated as the “Agent”, “Administrative Agent”, “Collateral Agent”, or similar term under any ABL Credit Agreement...
The lead arranger or agent of the financing transaction is typically responsible for working with legal counsel to draft the Agreement, as they coordinate the overall financing process between creditors. For less complex transactions, the lead arranger is also usually the senior lender. A borrower ma...
alongside a subline, and the agent and lender on the NAV facility had a second lien on the subline collateral. When concocting these cool structures, some bankers are surprised to learn that some additional documents will be needed in the suite of deal documents beyond just the credit ...
Security Agent: the incumbent security agent should be replaced with a specialist; Diligence: lawyers will need to be engaged to review the transaction documents as well as the Target Group’s key commercial contracts; Valuation: a specialist accountant will need to be engaged to advise on ...
this intercreditor agreement, dated as of ___(m,d,y) (this 'agreement'), is among aaa (the 'subordinating creditor'), bbb, a ___(placename) corporation (the 'debtor'), and ccc llc, as agent for the ddd (the 'senior creditor'). recitals a the senior creditor has or expects ...
Intercreditor Agreement This INTERCREDITOR AGREEMENT, dated as of ___(M,D,Y) (this 'Agreement'), is among AAA (the 'Subordinating Creditor'), BBB, a ___(PLACENAME) corporation (the 'Debtor'), and CCC LLC, as agent for the DDD (the 'Senior Creditor'). RECITALS A The Senior...
(the 'debtor'), and ccc llc, as agent for the ddd (the 'senior creditor'). recitals a the senior creditor has or expects to acquire a security interest in assets of the debtor in which the subordinating creditor has an interest, including but not limited to the senior creditor collateral...
This INTERCREDITOR AGREEMENT, dated as of ___(M,D,Y) (this 'Agreement'), is among AAA (the 'Subordinating Creditor'), BBB, a ___(PLACENAME) corporation (the 'Debtor'), and CCC LLC, as agent for the DDD (the 'Senior Creditor').RECITALS...
(the'debtor'),andcccllc,asagentfortheddd(the'seniorcreditor').recitalsatheseniorcreditorhasorexpectstoacquireasecurityinterestinassetsofthedebtorinwhichthesubordinatingcreditorhasaninterest,includingbutnotlimitedtotheseniorcreditorcollateral.bthedebtorandsubordinatingcreditorarepartiestothesubordinatingcreditoragreements...