Common use of Enforcement Instructions Clause in Contracts

Enforcement Instructions. (a) Prior to the ECF Discharge Date, each of the Collateral Agent and the Delegate Collateral Agent may refrain from enforcing the Shared Security unless instructed otherwise by the ECF Required Lenders. (b) After the ECF Discharge Date, the Collateral Agent and the Delegate Collateral Agent may refrain from enforcing the Shared Security unless instructed otherwise by the Term Loan Required Lenders. (c) Prior to the ECF Discharge Date, subject to the Shared Security having become enforceable in accordance with its terms, the ECF Required Lenders may give or refrain from giving instructions to the Collateral Agent to enforce or refrain from enforcing all or any part of the Shared Security as they see fit. (d) After the ECF Discharge Date, subject to the Shared Security having become enforceable in accordance with its terms, the Term Loan Required Lenders may give or refrain from giving instructions to the Collateral Agent to enforce or refrain from enforcing all or any part of the Shared Security as they see fit. (e) Each of the Collateral Agent and the Delegate Collateral Agent are entitled to rely on and comply with instructions given in accordance with this Clause 5.1 (Enforcement instructions).