Facilitation of Distressed Disposals. Subject to Clause 17.4 (Restriction on Enforcement), if a Distressed Disposal is being effected the Common Security Agent is irrevocably authorised (at the cost of the Parent and without any consent, sanction, authority or further confirmation from any Creditor, other Secured Party or Debtor):
Appears in 3 contracts
Samples: Intercreditor Agreement (STUDIO CITY INTERNATIONAL HOLDINGS LTD), Intercreditor Agreement (STUDIO CITY INTERNATIONAL HOLDINGS LTD), Intercreditor Agreement (Melco Crown Entertainment LTD)
Facilitation of Distressed Disposals. Subject to Clause 17.4 14.3 (Restriction on Enforcementenforcement), if a Distressed Disposal is being effected the Common Security Agent is irrevocably authorised (at the cost of the Parent Company and without any consent, sanction, authority or further confirmation from any Creditor, other Secured Party or Debtor):
Appears in 2 contracts
Samples: Intercreditor Agreement (Tidewater Inc), Intercreditor Agreement
Facilitation of Distressed Disposals. Subject to Clause 17.4 (Restriction on Enforcement), if a Distressed Disposal is being effected the Common Security Agent is irrevocably authorised and obliged (at the cost of the Parent and without any consent, sanction, authority or further confirmation from any Creditor, other Secured Party or Debtor):
Appears in 2 contracts
Samples: Intercreditor Agreement (STUDIO CITY INTERNATIONAL HOLDINGS LTD), Intercreditor Agreement (Melco Resorts & Entertainment LTD)
Facilitation of Distressed Disposals. Subject to Clause 17.4 14.4 (Restriction on Enforcementenforcement), if a Distressed Disposal is being effected the Common Security Agent is irrevocably authorised (at the cost of the Parent NAC 29 and without any consent, sanction, authority or further confirmation from any Creditor, other Shared Secured Party or Debtor):
Appears in 2 contracts
Samples: Intercreditor Agreement (NAC Aviation Colorado 1 LLC), Intercreditor Agreement (NAC Aviation 29 Designated Activity Co)
Facilitation of Distressed Disposals. Subject to Clause 17.4 15.4 (Restriction on Enforcementenforcement), if a Distressed Disposal is being effected the Common Security Agent is irrevocably authorised (at the cost of the Parent and without any consent, sanction, authority or further confirmation from any Creditor, other Secured Party or Debtor):
Appears in 1 contract
Samples: Agreement
Facilitation of Distressed Disposals. Subject to Clause 17.4 13.4 (Restriction on Enforcementenforcement), if a Distressed Disposal is being effected the Common Security Agent is irrevocably authorised (at the cost of the Parent and without any consent, sanction, authority or further confirmation from any Creditor, other Secured Party or Debtor):
Appears in 1 contract
Facilitation of Distressed Disposals. Subject to Clause 17.4 12.4 (Restriction on Enforcementenforcement), if a Distressed Disposal is being effected the Common Security Agent is irrevocably authorised (at the cost of the Parent and without any consent, sanction, authority or further confirmation from any Creditor, other Secured Party or Debtor):
Appears in 1 contract
Facilitation of Distressed Disposals. Subject to Clause 17.4 15.3 (Restriction on EnforcementPrimary Creditor Protection), if a Distressed Disposal is being effected the Common Security Agent is irrevocably authorised (at the cost of the Parent and without any consent, sanction, authority or further confirmation from any Creditor, other Secured Party or Debtor):
Appears in 1 contract
