Common use of Form of consideration for Distressed Disposals and Debt Disposals Clause in Contracts

Form of consideration for Distressed Disposals and Debt Disposals. Subject to Clause 13.5 (Security Agent protection), a Distressed Disposal or a Debt Disposal may be made in whole or in part for consideration in the form of cash or, if not for cash, for Non-Cash Consideration which is acceptable to the Security Agent.

Appears in 3 contracts

Samples: Intercreditor Agreement, Intercreditor Agreement, Intercreditor Agreement

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Form of consideration for Distressed Disposals and Debt Disposals. Subject to Clause 13.5 10.5 (Security Collateral Agent protection), a Distressed Disposal or a Debt Disposal may be made in whole or in part for consideration in the form of cash or, if not for cash, for Non-Non- Cash Consideration which is acceptable to the Security Collateral Agent.

Appears in 2 contracts

Samples: Intercreditor Agreement (Selina Hospitality PLC), Intercreditor Agreement (Selina Hospitality PLC)

Form of consideration for Distressed Disposals and Debt Disposals. Subject to Clause 13.5 12.4 (Security Agent protection), a Distressed Disposal or a Debt Disposal may be made in whole or in part for consideration in the form of cash or, if not for cash, for Non-Cash Consideration which is acceptable to the Security Agent.

Appears in 2 contracts

Samples: Intercreditor Agreement (LumiraDx LTD), Intercreditor Agreement (LumiraDx LTD)

Form of consideration for Distressed Disposals and Debt Disposals. Subject to Clause 13.5 14.5 (Security Agent protectionProtection), a Distressed Disposal or a Debt Disposal may be made in whole or in part for consideration in the form of cash or, if not for cash, for Non-Cash Consideration which is acceptable to the Senior Security Agent (or, following the Senior Discharge Date, the Second Lien Security Agent).

Appears in 1 contract

Samples: Intercreditor Agreement (Globalstar, Inc.)

Form of consideration for Distressed Disposals and Debt Disposals. Subject to Clause 13.5 12.5 (Security Agent protection), a Distressed Disposal or a Debt Disposal may be made in whole or in part for consideration in the form of cash or, if not for cash, for Non-Cash Consideration which is acceptable to the Security Agent.

Appears in 1 contract

Samples: Intercreditor Agreement

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Form of consideration for Distressed Disposals and Debt Disposals. Subject to Clause 12.4 (Fair Value) and Clause 13.5 (Security Agent protection), a Distressed Disposal or a Debt Disposal may be made in whole or in part for consideration in the form of cash or, if not for cash, for Non-Cash Consideration which is acceptable to the Security Agent.

Appears in 1 contract

Samples: Intercreditor Agreement

Form of consideration for Distressed Disposals and Debt Disposals. Subject to Clause 13.5 14.5 (Security Agent protection), a Distressed Disposal or a Debt Disposal may be made in whole or in part for consideration in the form of cash or, if not for cash, for Non-Cash Consideration which is acceptable to the Security Agent.

Appears in 1 contract

Samples: Deed of Amendment Agreement (RISE Education Cayman LTD)

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