Creditors’ actions Sample Clauses

Creditors’ actions. Each Creditor will:
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Creditors’ actions. Each Creditor and each Operating Facility Lender will: (a) do all things that the Security Agent (acting in accordance with Clause 9.7 (Security Agent instructions)) reasonably requests in order to give effect to this Clause 9; and (b) if the Security Agent is not entitled to take any of the actions contemplated by this Clause 9 or if the Security Agent (acting in accordance with Clause 9.7 (Security Agent instructions)) requests that a Creditor or an Operating Facility Lender take that action, undertake that action itself in accordance with the instructions of the Security Agent (acting in accordance with Clause 9.7 (Security Agent instructions)) or grant a power of attorney to the Security Agent (on such terms as the Security Agent (acting in accordance with Clause 9.7 (Security Agent instructions)) may reasonably require, although no Notes Trustee shall be under any obligation to grant such powers of attorney) to enable the Security Agent to take such action.
Creditors’ actions. Each Lender and Hedge Counterparty will: (a) do all things that the Security Agent or Secondary Security Agent (each acting in accordance with Clause 35.6 (Security Agent instructions)) requests in order to give effect to this Clause 35; and (b) if the Security Agent or Secondary Security Agent is not entitled to take any of the actions contemplated by this Clause 35 or if the Security Agent or Secondary Security Agent (each acting in accordance with Clause 35.6 (Security Agent instructions)) requests that a Lender or Hedge Counterparty take that action, undertake that action itself in accordance with the instructions of the Security Agent or Secondary Security Agent (each acting in accordance with Clause 35.6 (Security Agent instructions)) or grant a power of attorney to the Security Agent or Secondary Security Agent (on such terms as the Security Agent or Secondary Security Agent (each acting in accordance with Clause 35.6 (Security Agent instructions)) may reasonably require) to enable the Security Agent or Secondary Security Agent (as applicable) to take such action.
Creditors’ actions. The Creditors will do all things that the Security Trustee reasonably requests in order to give effect to this Clause 35 (Effect of Insolvency Event) and, if the Security Trustee is not entitled to take any of the actions contemplated by this Clause 35 (Effect of Insolvency Event) or if the Security Trustee requests any Creditor to take that action, that Creditor will undertake those actions itself in accordance with the reasonable instructions of the Security Trustee or will grant a power of attorney to the Security Trustee (on such terms as the Security Trustee may reasonably require) to enable the Security Trustee to take such action.
Creditors’ actions. Save as prohibited by any applicable law or regulation, each Finance Party will (insofar as the Security and Intercreditor Agent in each case acts in accordance with Clause 4.6 (Security and Intercreditor Agent instructions): (A) do all things that the Security and Intercreditor Agent requests in order to give effect to this Clause 4 (EFFECT OF INSOLVENCY EVENT); and (B) if the Security and Intercreditor Agent is not entitled to take any of the actions contemplated by this Clause 4 (EFFECT OF INSOLVENCY EVENT) or if the Security and Intercreditor Agent requests that a Finance Party take that action, undertake that action itself in accordance with the instructions of the Security and Intercreditor Agent or grant a power of attorney to the Security and Intercreditor Agent (on such terms as the Security and Intercreditor Agent may reasonably require) to enable the Security and Intercreditor Agent to take such action.
Creditors’ actions. Each Creditor will: (i) do all things that the Applicable Designated Representative reasonably requests in order to give effect to this Article 10; and (ii) if the Applicable Designated Representative is not entitled to take any of the actions contemplated by this Article 10 or if the Applicable Designated Representative requests that a Creditor take that action, undertake that action itself in accordance with the instructions of the Applicable Designated Representative or grant a power of attorney to the Applicable Designated Representative (on such terms as the Applicable Designated Representative may reasonably require) to enable the Applicable Designated Representative to take such action.
Creditors’ actions. Each Subordinated Creditor will: (a) do all things that the Security Agent (acting in accordance with Clause 10.7 (Security Agent Instructions)) requests in order to give effect to this Clause 10; and (b) if the Security Agent is not entitled to take any of the actions contemplated by this Clause 10 or if the Security Agent (acting in accordance with Clause 10.7 (Security Agent Instructions)) requests that a Subordinated Creditor take that action, undertake that action itself in accordance with the instructions of the Security Agent (acting in accordance with Clause 10.7 (Security Agent Instructions)) or grant a power of attorney to the Security Agent (on such terms as the Security Agent (acting in accordance with Clause 10.7 (Security Agent Instructions)) may reasonably require) to enable the Security Agent to take such action.
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Creditors’ actions. Each Creditor will: (a) do all things that the Security Trustee (acting in accordance with Clause 10.7 (Security Trustee instructions)) requests in order to give effect to this Clause 10; and (b) if the Security Trustee is not entitled to take any of the actions contemplated by this Clause 10 or if the Security Trustee (acting in accordance with Clause 10.7 (Security Trustee instructions)) requests that a Creditor takes that action, undertakes that action itself in accordance with the instructions of the Security Trustee (acting in accordance with Clause 10.7 (Security Trustee instructions)) or grants a power of attorney to the Security Trustee (on such terms as the Security Trustee (acting in accordance with Clause 10.7 (Security Trustee instructions)) may reasonably require) to enable the Security Trustee to take such action.
Creditors’ actions. Save as prohibited by any applicable law or regulation, each Junior Finance Party will (insofar as the relevant Agent in each case acts in accordance with Clause 5.6 (Agent instructions)): (A) do all things that the relevant Agent requests in order to give effect to this Clause 5; and (B) if the relevant Agent is not entitled to take any of the actions contemplated by this Clause 5 or if the relevant Agent requests that a relevant Finance Party take that action, undertake that action itself in accordance with the instructions of the relevant Agent or grant a power of attorney to the relevant Agent (on such terms as the relevant Agent may reasonably require) to enable the relevant Agent to take such action.
Creditors’ actions. Save as prohibited by any applicable law or regulation, each Creditor will: (A) do all things that the Security Agent (acting in accordance with Clause 5.7 (Security Agent instructions)) requests in order to give effect to this Clause 5; and (B) if the Security Agent is not entitled to take any of the actions contemplated by this Clause 5 or if the Security Agent (acting in accordance with Clause 5.7 (Security Agent instructions)) requests that a Creditor take that action, undertake that action itself in accordance with the instructions of the Security Agent (acting in accordance with Clause 5.7 (Security Agent instructions)) or grant a power of attorney to the Security Agent (on such terms as the Security Agent (acting in accordance with Clause 5.7 (Security Agent instructions)) may reasonably require) to enable the Security Agent to take such action.
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