Common use of Enforcement Instructions Clause in Contracts

Enforcement Instructions. (a) Following an Enforcement Event, the Security Agent shall not take any Enforcement Action against the Transaction Security unless expressly instructed to do so in writing by the Instructing Group.

Appears in 5 contracts

Samples: Intercreditor Agreement (Cemex Sab De Cv), Intercreditor Agreement (Cemex Sab De Cv), Intercreditor Agreement (Cemex Sab De Cv)

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Enforcement Instructions. (a) Following an Enforcement Event, the The Security Agent shall not take any Enforcement Action against the Transaction Security unless expressly instructed to do so in writing by the Instructing Group.

Appears in 2 contracts

Samples: Intercreditor Agreement (LumiraDx LTD), Intercreditor Agreement (LumiraDx LTD)

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Enforcement Instructions. (a) Following an Enforcement Event, the The Security Agent shall is not take any Enforcement Action against obliged to enforce the Transaction Security or obliged to take any other Enforcement Action unless expressly instructed to do so in writing otherwise by the Instructing GroupGroup in accordance with Clause β€Ž11.3 (Enforcement decisions).

Appears in 2 contracts

Samples: Intercreditor Agreement (B Communications LTD), Intercreditor Agreement (Internet Gold Golden Lines LTD)

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