Common use of Enforcement Instructions Clause in Contracts

Enforcement Instructions. (a) Subject to Clause 12.2(b) (Enforcement of Hedging Security Documents) the Security Agent may refrain from enforcing the security conferred by the Security Documents and Note Security Documents unless and until instructed by an Enforcement Instructing Group.

Appears in 3 contracts

Samples: Priority Agreement, Priority Agreement (JSG Funding PLC), Priority Agreement (Smurfit Kappa Acquisitions)

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Enforcement Instructions. (a) Subject to Clause 12.2(b) (Enforcement of Hedging Security Documents) ), the Security Agent may refrain from enforcing the security conferred by the Security Documents and Note Trustee Security Documents unless and until instructed by an Enforcement Instructing Bank Group.

Appears in 1 contract

Samples: Intercreditor Agreement (Valentia Telecommunications)

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