In 2019, TPC Group Inc. (the " Company ") issued 10.50% senior secured notes due 2024 (the " Original Notes ") under an indenture (the " Indenture ") while simultaneously entering into a $200 million ABL facility. The Original Notes and the ABL facility were secured by the same collateral, so the parties entered into an intercreditor agreement (the " Intercreditor ").