Adjustment of Mandatory Prepayments. If the making of any Mandatory Prepayment (an “Original Mandatory Prepayment”) would result in a payment (a “Hedge Reduction Payment”) becoming due to any Hedge Counterparty pursuant to paragraph (d) of Clause 4.13 (Total Interest Rate Hedging), the amount of that Mandatory Prepayment will be reduced so that the aggregate of:
Adjustment of Mandatory Prepayments. If the making of any mandatory prepayment by any member of the Group in respect of any of the Senior Lender Liabilities, the Senior Notes Liabilities, the Permitted Second Lien Financing Liabilities, the Senior Parent Notes Liabilities, the Permitted Senior Financing Liabilities, the Permitted Parent Financing Liabilities and/or the Operating Facility Liabilities (an "Original Mandatory Prepayment") would directly or indirectly result in a payment (a "Hedge Reduction Payment") being made to any Hedge Counterparty as a consequence of any close-out or termination (in whole or in part) which is intended to ensure that the maximum aggregate notional amount of any hedging does not exceed the maximum aggregate amount of any indebtedness or the exposure the subject of that hedging, if elected by the Parent, the maximum aggregate amount of the mandatory prepayment required to be made by the Group will be reduced so that the aggregate of:
Adjustment of Mandatory Prepayments. (a) Subject to paragraph (b) below, each Senior Secured Creditor agrees that, in relation to any Original Mandatory Prepayment, such prepayment shall be applied to the Senior Secured Creditors (other than a Hedge Counterparty) (to the extent required by the terms of the Senior Secured Finance Documents to which such Senior Secured Creditors are a party) on a pro rata basis (and any requirement in any Senior Secured Finance Document to make such mandatory prepayment shall be reduced accordingly).
Adjustment of Mandatory Prepayments. (which shall include, without limitation, the execution of any assignments, transfers, releases or other documents that the Security Agent may consider to be necessary to give effect to the releases or disposals contemplated by those Clauses); and
Adjustment of Mandatory Prepayments. If the making of any Mandatory Prepayment (an Original Mandatory Prepayment) would, but for this Clause 14.3, result in the Debtors being in breach of clause 27.28 (Treasury Transactions) of the Senior Facilities Agreement the Parent shall procure that the relevant Debtor or Debtors terminate or close out any relevant Treasury Transactions in full or in part, as may be necessary to ensure that no such breach occurs and if such termination or close out would result in a payment (a Hedge Reduction Payment) becoming due to any Hedge Counterparty, the amount of that Mandatory Prepayment will be reduced so that the aggregate of:
Adjustment of Mandatory Prepayments of the Intercreditor Agreement, the Company shall prepay (or shall procure that the relevant Borrower prepays) Loans, and cancel Available Commitments (and shall provide the Agent with prior notice of any proposed prepayment), in amounts equal to the following amounts at the times and in the order of application contemplated by Xxxxxx 11.4 (Application of mandatory prepayments and cancellations):
Adjustment of Mandatory Prepayments. If the making of any mandatory prepayment by any member of the Group in respect of any of the Senior Lender Liabilities, the Senior Notes Liabilities, the Senior Parent Notes Liabilities, the Permitted Senior Financing Liabilities, the Permitted Parent Financing Liabilities and/or the Operating Facility Liabilities (an “Original Mandatory Prepayment”) would directly or indirectly result in a payment (a “Hedge Reduction Payment”) being made to any Hedge Counterparty as a consequence of any close-out or termination (in whole or in part) which is intended to ensure that the maximum aggregate notional amount of any hedging does not exceed the maximum aggregate amount of any indebtedness or the exposure the subject of that hedging, if elected by the Parent, the maximum aggregate amount of the mandatory prepayment required to be made by the Group will be reduced so that the aggregate of:
Adjustment of Mandatory Prepayments. If the making of any Senior Mandatory Prepayment (an “Original Mandatory Prepayment”) would result in a payment (a “Hedge Reduction Payment”) becoming due to any Hedge Counterparty pursuant to paragraph (d) of Clause 4.12 (Total Interest Rate Hedging), the amount of that Senior Mandatory Prepayment will be reduced so that the aggregate of:
Adjustment of Mandatory Prepayments. If the making of any mandatory prepayment by any member of the Group in respect of any of the Super Senior Liabilities, Senior Liabilities, the Senior Parent Notes Liabilities, the Permitted Parent Financing Liabilities and/or the Operating Facility Liabilities (an “Original Mandatory Prepayment”) would directly or indirectly result in a payment (a “Hedge Reduction Payment”) being made to any Hedge Counterparty as a consequence of any close- out or termination (in whole or in part) which is intended to ensure that the maximum aggregate notional amount of any hedging does not exceed the maximum aggregate amount of any indebtedness or the exposure the subject of that hedging, if elected by the Parent, the maximum aggregate amount of the mandatory prepayment required to be made by the Group will be reduced so that the aggregate of:
Adjustment of Mandatory Prepayments of the Intercreditor Agreement, but in each case without increasing the total amount required to be so applied.
