Skip to main content

Intercreditor Agreement DIP Financing Clause 2

Book Publication Date: May 2014
Description: Second lien lenders in intercreditor agreements may wish to use a clause such as the one included here to retain the right to object to a plan of reorganization where the obligor is in bankruptcy.
Type: Contract Clauses
PLI Item #: 135706
Practice Area: Banking and finance, Corporate finance, Financing

Keywords: "intercreditor agreement"; "lien subordination"; "first lien obligations"; "second lien obligations"; "first lien claimholders"; "second lien claimholders"; "revolving credit"; "debt cap"; "refinancing"; "amendment"; "restatement"; "maximum first priority lien amount"; "DIP financing"; "debtor in possession"; "plan of reorganization"

Thank you for exploring PLI PLUS.
The content on this page is only available to subscribers.

To learn more about PLI PLUS subscriptions
please click on the link below or contact us at