Common use of Filing of Claims Clause in Contracts

Filing of Claims. Without prejudice to any Ancillary Facility Lender’s right of netting or set-off relating to a Multi-account Overdraft Facility (to the extent that the netting or set-off represents a reduction from a Permitted Gross Amount of that Multi-account Overdraft Facility to or towards its Designated Net Amount), after the occurrence of an Insolvency Event, each Creditor irrevocably authorises the Security Agent (acting in accordance with Clause ‎13.7 (Security Agent instructions)), on its behalf, to:

Filing of Claims. Without prejudice to any Ancillary Facility Lender’s right of netting or set-off relating to a Multi-account Overdraft Facility (to the extent that the netting or set-off represents a reduction from a Permitted Gross Amount of that Multi-account Overdraft Facility to or towards its Designated Net Amount), after the occurrence of an Insolvency Event, each Creditor irrevocably authorises the Security Agent (acting in accordance with Clause ‎13.7 13.7 (Security Agent instructions)), on its behalf, to:

Filing of Claims. Without prejudice to any Ancillary Facility Lender’s right of netting or set-set off relating to a Multi-Multi account Overdraft Facility (to the extent that the netting or set-set off represents a reduction from a Permitted Gross Amount of that Multi-Multi account Overdraft Facility to or towards its Designated Net Amount), after the occurrence of an Insolvency EventEvent in relation to any member of the Group, each Creditor irrevocably authorises the Security Agent Trustee (acting in accordance with Clause ‎13.7 (Security Agent instructions)clause 7.7), on its behalf, to: