Manner of enforcement. (a) If the Transaction Security is being enforced pursuant to Clause 31.1 (Enforcement instructions), the Security Agent shall enforce the Transaction Security (or instruct the Secondary Security Agent to enforce any Transaction Security held by the Secondary Security Agent) in such manner (including, without limitation, the selection of any administrator of any Obligor to be appointed by the Security Agent or Secondary Security Agent) as the Majority Lenders shall instruct or, in the absence of any such instructions, as the Security Agent sees fit.
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Samples: Facilities Agreement (StarTek, Inc.), Facilities Agreement (StarTek, Inc.)
Manner of enforcement. (a) If The Security Agent shall, subject to the terms of the Transaction Security is being enforced pursuant to Clause 31.1 (Enforcement instructions)Documents, the Security Agent shall enforce the Transaction Security (or instruct the Secondary Security Agent to enforce any Transaction Security held by the Secondary Security Agent) in such manner (including, without limitation, the selection of any administrator of any Obligor to be appointed by the Security Agent or Secondary Security Agent) as the Majority Lenders shall instruct or, in the absence of any such instructions, as the Security Agent sees fitconsiders in its discretion to be appropriate.
Appears in 2 contracts
Samples: Agreement (PCGI Intermediate Holdings LTD), Facility Agreement (PCGI Intermediate Holdings LTD)
Manner of enforcement. (a) If the Transaction Security is being enforced in accordance with the terms of the Security Documents pursuant to Clause 31.1 8.2 (Enforcement instructionsInstructions), the Security Agent shall enforce the Transaction Security (or instruct the Secondary Security Agent to enforce any Transaction Security held by the Secondary Security Agent) in such manner (including, without limitation, the selection of any administrator of any Obligor to be appointed by the Security Agent or Secondary Security Agent) as the Majority Lenders Instructing Group shall instruct or, in the absence of any such instructions, as the Security Agent sees fit.
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Manner of enforcement. (a) If the Transaction Security is being enforced pursuant to Clause 31.1 26.1 (Enforcement instructionsInstructions), the Security Agent shall enforce the Transaction Security (or instruct the Secondary Security Agent to enforce any Transaction Security held by the Secondary Security Agent) in such manner (including, without limitation, including the selection of any administrator (or any analogous officer in any jurisdiction) of any Obligor to be appointed by the Security Agent or Secondary Security Agent) as the Majority Lenders Agent shall instruct or, in the absence of any such instructions, as the Security Agent sees fitwriting.
Appears in 1 contract
Samples: Agreement
Manner of enforcement. (a) If the Transaction Security is being enforced pursuant to Clause 31.1 β31.1 (Enforcement instructions), the Security Agent shall enforce the Transaction Security (or instruct the Secondary Security Agent to enforce any Transaction Security held by the Secondary Security Agent) in such manner (including, without limitation, the selection of any administrator of any Obligor to be appointed by the Security Agent or Secondary Security Agent) as the Majority Lenders shall instruct or, in the absence of any such instructions, as the Security Agent sees fit.
Appears in 1 contract
Samples: Facilities Agreement (StarTek, Inc.)
Manner of enforcement. (a) If the Transaction Security is being enforced pursuant to Clause 31.1 12.2 (Enforcement instructions), the Security Agent shall enforce the Transaction Security (or instruct the Secondary Security Agent to enforce any Transaction Security held by the Secondary Security Agent) in such manner (including, without limitation, the selection of any administrator administrator, examiner or equivalent officer of any Obligor Debtor to be appointed by the Security Agent or Secondary Security Agent) as the Majority Lenders shall instruct or, in the absence of any such instructions, as the Security Agent sees fit.as:
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Manner of enforcement. (a) If the Transaction Security is being enforced pursuant to Clause β31.1 (Enforcement instructions), the Security Agent shall enforce the Transaction Security (or instruct the Secondary Security Agent to enforce any Transaction Security held by the Secondary Security Agent) in such manner (including, without limitation, the selection of any administrator of any Obligor to be appointed by the Security Agent or Secondary Security Agent) as the Majority Lenders shall instruct or, in the absence of any such instructions, as the Security Agent sees fit.
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