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
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
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
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)