Exercise of Voting Rights. (a) Each Creditor (other than the Collateral Agent) will cast its vote in any proposal put to the vote by or under the supervision of any judicial or supervisory authority in respect of any insolvency, pre-insolvency or rehabilitation or similar proceedings relating to any member of the Group as instructed by the Collateral Agent. (b) The Collateral Agent shall give instructions for the purposes of paragraph (a) above in accordance with any instructions given to it by the Instructing Group.
Appears in 2 contracts
Samples: Intercreditor Agreement (Selina Hospitality PLC), Intercreditor Agreement (Selina Hospitality PLC)
Exercise of Voting Rights. (a) Each Creditor (other than the Collateral AgentSenior Creditors) will cast its vote in any proposal put to the vote by or under the supervision of any judicial or supervisory authority in respect of any insolvency, pre-insolvency or rehabilitation or similar proceedings relating to any member of the Group as instructed by the Collateral Security Agent.
(b) The Collateral Security Agent shall give instructions for the purposes of paragraph (a) above in accordance with any written instructions given to it by the Instructing Group.
Appears in 2 contracts
Samples: Intercreditor Agreement (LumiraDx LTD), Intercreditor Agreement (LumiraDx LTD)
Exercise of Voting Rights. Subject to paragraph (ac) Each below, each Creditor (other than each Creditor Representative and each Arranger) agrees with the Collateral Agent) Intercreditor Agent and the Common Security Agent that it will cast its vote in any proposal put to the vote by or under the supervision of any judicial or supervisory authority in respect of any insolvency, pre-insolvency or rehabilitation or similar proceedings relating to any member of the Group as instructed by the Collateral Intercreditor Agent.
(b) The Collateral Agent shall give instructions for the purposes of paragraph (a) above in accordance with any instructions given to it by the Instructing Group.
Appears in 2 contracts
Samples: Amendment and Restatement Agreement (Melco Resorts & Entertainment LTD), Amendment and Restatement Agreement (STUDIO CITY INTERNATIONAL HOLDINGS LTD)
Exercise of Voting Rights. (aA) Each Creditor (other than agrees with the Collateral Agent) Security and Intercreditor Agent that it will cast its vote in any proposal put to the vote by or under the supervision of any judicial or supervisory authority in respect of any insolvency, pre-pre insolvency or rehabilitation or similar proceedings relating to any member of the Group Obligor as instructed by the Collateral Security and Intercreditor Agent.
(bB) The Collateral Security and Intercreditor Agent shall give instructions for the purposes of paragraph (aA) above in accordance with any instructions given to it of this Clause 7.3 (Exercise of voting rights) as directed by the an Instructing Group.
Appears in 2 contracts
Samples: Intercreditor and Security Sharing Agreement (Kosmos Energy Ltd.), Revolving Credit Facility Agreement (Kosmos Energy Ltd.)
Exercise of Voting Rights. (a) Each Secured Creditor (other than the Collateral Agenteach Creditor Representative and each Credit Facility Arranger) will cast its vote in any proposal put to the vote by or under the supervision of any judicial or supervisory authority in respect of any insolvency, pre-insolvency or rehabilitation rehabilitation, reorganization or similar proceedings relating to any member of the Group Company as instructed by the Collateral Common Security Agent.
(b) The Collateral Common Security Agent shall give instructions for the purposes of paragraph (a) above in accordance with any instructions given to it by the Instructing Group.
Appears in 1 contract
Samples: Intercreditor Agreement
Exercise of Voting Rights. (a) Each Creditor (other than the Collateral Agenta Primary Creditor) will cast its vote in any proposal put to the vote by or under the supervision of any judicial or supervisory authority in respect of any insolvency, pre-insolvency or rehabilitation or similar proceedings relating to any member of the Group as instructed by the Collateral Security Agent.
(b) The Collateral Security Agent shall give instructions for the purposes of paragraph (a) above in accordance with any instructions given to it by the Instructing GroupGroup provided that any such instructions have been given in accordance with Clause 13.3 (Enforcement Instructions).
Appears in 1 contract
Exercise of Voting Rights. (a) Each Secured Creditor (other than the Collateral Agenteach Creditor Representative and each Credit Facility Arranger) will cast its vote in any proposal put to the vote by or under the supervision of any judicial or supervisory authority in respect of any insolvency, pre-insolvency or rehabilitation rehabilitation, reorganization or similar proceedings relating to any member of the Group Company as instructed by the Collateral Agent.Common Security Agent.β
(b) The Collateral Common Security Agent shall give instructions for the purposes of paragraph (a) above in accordance with any instructions given to it by the Instructing Group.
Appears in 1 contract
Samples: Intercreditor Agreement
Exercise of Voting Rights. (a) Each Creditor (other than agrees with the Collateral Agent) Security Trustee that it will cast its vote in any proposal put to the vote by or under the supervision of any judicial or supervisory authority in respect of any insolvency, pre-insolvency or rehabilitation or similar proceedings relating to any member of the Group Obligor as instructed by the Collateral AgentSecurity Trustee.
(b) The Collateral Agent Security Trustee shall give instructions for the purposes of paragraph (a) above in accordance with any instructions given to it of this Clause 9.4 (Exercise of voting rights) as directed by the an Instructing Group.
Appears in 1 contract
Exercise of Voting Rights. (a) Each Subordinated Creditor (other than the Collateral Agent) and each Intra-Group Lender will cast its vote in any proposal put to the vote by or under the supervision of any judicial or supervisory authority in respect of any insolvency, pre-pre insolvency or rehabilitation or similar proceedings relating to any member of the Group as instructed by the Collateral Security Agent.
(b) The Collateral Security Agent shall give instructions for the purposes of paragraph (a) above in accordance with any instructions given to it by the Instructing Group.
Appears in 1 contract
Samples: Intercreditor Agreement
Exercise of Voting Rights. (a) Each Creditor (other than the Collateral Agent) will cast its vote in any proposal put to the vote by or under the supervision of any judicial or supervisory authority in respect of any insolvency, pre-insolvency or rehabilitation or similar proceedings relating to any member of the Group Debtor as instructed by the Collateral Security Agent.
(b) The Collateral Security Agent shall give instructions for the purposes of paragraph (a) above in accordance with any instructions given to it by the Instructing Group.
Appears in 1 contract
Samples: Intercreditor Agreement
Exercise of Voting Rights. (a) Each Creditor (other than the Collateral Agenteach Creditor Representative and each Arranger) will will, unless prohibited by any law, rule or regulation to which such Creditor is subject, cast its vote in any proposal put to the vote by or under the supervision of any judicial or supervisory authority in respect of any insolvency, pre-insolvency or rehabilitation or similar proceedings relating to any member of the Group as instructed by the Collateral Security Agent.
(b) The Collateral Security Agent shall give instructions for the purposes of paragraph (a) above in accordance with any instructions given to it by the Instructing Group.
Appears in 1 contract
Samples: Intercreditor Agreement