Further assurance – Insolvency Event. Each Creditor will:
(a) do all things that the Security Agent requests in order to give effect to this Clause 6; and
(b) if the Security Agent is not entitled to take any of the actions contemplated by this Clause 6 or if the Security Agent requests that a Creditor take that action, undertake that action itself in accordance with the instructions of the Security Agent or grant a power of attorney to the Security Agent (on such terms as the Security Agent may reasonably require) to enable the Security Agent to take such action.
Further assurance – Insolvency Event. Each Creditor will:
(a) do all things that the Intercreditor Agent or the Common Security Agent requests in order to give effect to this Clause 12; and
(b) if the Intercreditor Agent or the Common Security Agent is not entitled to take any of the actions contemplated by this Clause 12 or if the Intercreditor Agent or the Common Security Agent requests that a Creditor take that action, undertake that action itself in accordance with the instructions of the Intercreditor Agent or the Common Security Agent or grant a power of attorney to the Intercreditor Agent or the Common Security Agent (on such terms as the Intercreditor Agent or the Common Security Agent may reasonably require) to enable the Intercreditor Agent or the Common Security Agent to take such action (as applicable).
Further assurance – Insolvency Event. Each Creditor will:
(a) do all things that the Collateral Agent requests in order to give effect to this Clause 4; and
(b) if the Collateral Agent is not entitled to take any of the actions contemplated by this Clause 4 or if the Collateral Agent requests that a Creditor take that action, undertake that action itself in accordance with the instructions of the Collateral Agent or grant a power of attorney to the Collateral Agent (on such terms as the Collateral Agent may reasonably require) to enable the Collateral Agent to take such action.
Further assurance – Insolvency Event. Each Creditor will:
(a) do all things that the Common Security Agent (acting in accordance with Clause 14.7 (Common Security Agent Instructions)) requests in order to give effect to this Clause 14; and
(b) if the Common Security Agent is not entitled to take any of the actions contemplated by this Clause 14 or if the Common Security Agent (acting in accordance with Clause 14.7 (Common Security Agent Instructions)) requests that a Creditor (other than an Independent Security Creditor or an Unsecured Creditor) take that action, undertake that action itself in accordance with the instructions of the Common Security Agent or grant a power of attorney to the Common Security Agent (on such terms as the Common Security Agent (acting in accordance with Clause 14.7 (Common Security Agent Instructions)) may reasonably require) to enable the Common Security Agent to take such action.
Further assurance – Insolvency Event in payment or distribution to the Creditor Representatives in respect of any Super Senior Liabilities on its own behalf and on behalf of the Super Senior Creditors for which it is the Creditor Representative for application towards the discharge of:
Further assurance – Insolvency Event. Each Creditor will:
(a) do all things that the Security Agent (acting in accordance with Clause 11.7 (Security Agent Instructions)) reasonably requests in order to give effect to this Clause 11; and
(b) if the Security Agent is not entitled to take any of the actions contemplated by this Clause 11 or if the Security Agent reasonably requests that a Creditor take that action, undertake that action itself in accordance with the instructions of the Security Agent (acting in accordance with Clause 11.7 (Security Agent Instructions)) or grant a power of attorney to the Security Agent (on such terms as the Security Agent (acting in accordance with Clause 11.7 (Security Agent Instructions) may reasonably require) to enable the Security Agent to take such action.
Further assurance – Insolvency Event. (a) Each Secured Creditor will:
(i) do all things that the Common Security Agent requests in order to give effect to this Clause 5; and
(ii) if the Common Security Agent is not entitled to take any of the actions contemplated by this Clause 5 or if the Common Security Agent requests that a Secured Creditor take that action, undertake that action itself in accordance with the instructions of the Common Security Agent or grant a power of attorney to the Common Security Agent (on such terms as the Common Security Agent may reasonably require) to enable the Common Security Agent to take such action.
(b) In relation to any Noteholder, the obligation under paragraph (a) above shall be construed as an obligation of each Noteholders’ Agent to:
(i) do all things requested by the Common Security Agent on behalf of the Noteholders for which it is the Creditor Representative to the extent it is authorised to do so under the relevant Notes Documents; and
(ii) to the extent a Noteholders’ Agent is not able to act in accordance with paragraph (a)(ii) above, notify the Noteholders for which it is the Creditor Representative of the Common Security Agent’s request.
Further assurance – Insolvency Event. Each Creditor will:
(a) do all things that the Applicable Collateral Agent requests in order to give effect to this Schedule 3; and
(b) if the Applicable Collateral Agent is not entitled to take any of the actions contemplated by this Schedule 3 or if the Applicable Collateral Agent requests that a Creditor take that action, undertake that action itself in accordance with the instructions of the Applicable Collateral Agent or grant a power of attorney to the Applicable Collateral Agent (on such terms as the Applicable Collateral Agent may reasonably require) to enable the Applicable Collateral Agent to take such action. US-DOCS\99073489.6
Further assurance – Insolvency Event in payment or distribution pro rata to the relevant Pari Passu Creditor Representative (or Creditor if the Creditor is not represented by an agent, trustee or nominee)) on its own behalf and on behalf of the other Pari Passu Creditors for application towards the discharge of the Pari Passu Liabilities (in accordance with the terms of the Pari Passu Debt Documents);
Further assurance – Insolvency Event. Each Creditor will (a) do all things that the Security Agent (acting in accordance with Section 10.6) reasonably requests in order to give effect to this Section 10 and (b) if the Security Agent is not entitled to take any of the actions contemplated by this Section 10 or if the Security Agent (acting in accordance with Section 10.6) reasonably requests that a Creditor take that action, undertake such action in accordance with the instructions of the Security Agent (acting reasonably and in accordance with Section 10.6) or grant a power of attorney to the Security Agent (on such terms as the Security Agent (acting in accordance with Section 10.6) may reasonably require) to enable the Security Agent to take such action.
