It is primarily based on pari passu inter-creditor forms commonly used in the market today.  It has been drafted for first lien facilities, but can easily be modified. Many of the provisions of this agreement (including the preamble, background, certain definitions and interpretive provisions and the miscellaneous provisions appearing in Article V), as well as certain formatting and stylistic attributes, are modeled after analogous portions of the LSTA Form of First Lien/Second Lien Intercreditor Agreement which was published in 2024. The blackline, against the document dated February 27, 2025, is also attached below (it will open as a zip file where both files are located).