Skip to main content

Intercreditor Agreement Duty Disclaimer Clauses

Book Publication Date: May 2014
Description: First lien lenders in increditor agreements could arguably be said to have a type of fiduciary duties towards second lien lenders. Thus, first lien lenders will want to disclaim any such duties or agency relationship in the agreement. The sample clauses provided here are typical disclaimers from an intercreditor agreement.
Type: Contract Clauses
PLI Item #: 135753
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"; "agency"; "fiduciary duties"; "disclaimer"

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