Good Discharge. (a) Any distribution or payment to be made in respect of the Secured Obligations by the Security Agent may be made to the relevant Creditor Representative on behalf of its Primary Creditors;
Appears in 2 contracts
Samples: Intercreditor Agreement (NAC Aviation Colorado 1 LLC), Intercreditor Agreement (NAC Aviation 29 Designated Activity Co)
Good Discharge. (a) Any distribution or payment to be made in respect of the Secured Obligations by the Security Agent may shall only be made to the relevant Creditor Representative on behalf of its Primary Creditors;Creditors and in no event shall the Security Agent have any obligation to make such payment or distribution directly to any Primary Creditor.
Appears in 2 contracts
Samples: Intercreditor Agreement (Global Ship Lease, Inc.), Intercreditor Agreement (Global Ship Lease, Inc.)
Good Discharge. (a) Any distribution or payment to be made in respect of the Secured Obligations by the Security Agent may be made to the relevant Creditor Representative Note Agent on behalf of its Primary Creditors;
Appears in 1 contract
Samples: Atento Luxco 1
Good Discharge. (a) Any distribution or payment to be made in respect of the Secured Obligations by the Common Security Agent may be made to the relevant Creditor Representative on behalf of its Primary Pari Passu Creditors or Second Ranking 2029 Notes Creditors;.
Appears in 1 contract
Good Discharge. (a) Any distribution or payment to be made in respect of the Secured Obligations by the Security Agent may be made to the relevant Creditor Representative on behalf of its Primary Creditors;.
Appears in 1 contract
