Common use of Notification of prescribed events Clause in Contracts

Notification of prescribed events. (a) If an Event of Default either occurs or ceases to be continuing the Agent shall, upon becoming aware of that occurrence or cessation, notify each Hedge Counterparty, the Security Agent and the Secondary Security Agent. (b) If the Security Agent or Secondary Security Agent enforces, or takes formal steps to enforce, any of the Transaction Security the Security Agent shall notify each Party of that action. (c) If any Finance Party exercises any right it may have to enforce, or to take formal steps to enforce, any of the Transaction Security it shall notify the Security Agent and the Security Agent shall, upon receiving that notification, notify each Party of that action. (d) If an Obligor defaults on any Payment due under a Hedging Agreement, the Hedge Counterparty which is party to that Hedging Agreement shall, upon becoming aware of that default, notify the Agent and the Agent shall, upon receiving that notification, notify the Security Agent, each other Hedge Counterparty and the Secondary Security Agent. (e) If a Hedge Counterparty terminates or closes-out, in whole or in part, any hedging transaction under any Hedging Agreement, it shall notify the Agent and the Agent shall, upon receiving that notification, notify the Security Agent, each other Hedge Counterparty and the Secondary Security Agent. (f) If a prepayment under Clause 8 (Mandatory Prepayment and Cancellation) is waived the Agent shall notify the Security Agent, the Secondary Security Agent and each Hedge Counterparty of the amount of the prepayment waived. (g) If any amount outstanding under any Facility is to be reduced (whether by way of repayment, prepayment, cancellation or otherwise) the Company shall notify each Hedge Counterparty of the date and amount of that proposed reduction.

Notification of prescribed events. (aA) If an Event of Default either occurs or ceases to be continuing the relevant Agent shall, upon becoming aware of that occurrence or cessation, notify each Hedge Counterparty, the Security and Intercreditor Agent and the Secondary Security and Intercreditor Agent shall, upon receiving that notification, notify each other Agent. (bB) If an Acceleration Event occurs the relevant Agent shall notify the Security and Intercreditor Agent and the Security and Intercreditor Agent shall, upon receiving that notification, notify each other Agent. (C) If the Security Agent or Secondary Security and Intercreditor Agent enforces, or takes formal steps to enforce, any of the Transaction Security the Security Agent it shall notify each Party of that action. (cD) If any Finance Party Creditor exercises any right it may have to enforce, or to take formal steps to enforce, any of the Transaction Security it shall notify the Security and Intercreditor Agent and the Security and Intercreditor Agent shall, upon receiving that notification, notify each Party of that action. (dE) If an Obligor defaults on any Payment due under a Hedging Agreement, Mandatory Prepayment is waived the Hedge Counterparty which is party to that Hedging Agreement shall, upon becoming aware of that default, relevant Agent shall notify the Security and Intercreditor Agent of the amount of the Mandatory Prepayment waived and the Security and Intercreditor Agent shall, upon receiving that notification, notify the Security Agent, each other Hedge Counterparty and the Secondary Security Agent. (e) If a Hedge Counterparty terminates or closes-out, in whole or in part, any hedging transaction under any Hedging Agreement, it shall notify the Agent and the Agent shall, upon receiving that notification, notify the Security Agent, each other Hedge Counterparty and the Secondary Security Agent. (f) If a prepayment under Clause 8 (Mandatory Prepayment and Cancellation) is waived the Agent shall notify the Security Agent, the Secondary Security Agent and each Hedge Counterparty of the amount of the prepayment waived. (g) If any amount outstanding under any Facility is to be reduced (whether by way of repayment, prepayment, cancellation or otherwise) the Company shall notify each Hedge Counterparty of the date and amount of that proposed reduction.

Notification of prescribed events. (a) If an Event of Default or a Default under the RCF Facility Agreement either occurs or ceases to be continuing the RCF Agent shall, upon becoming aware of that occurrence or cessation, notify each Hedge Counterparty, the Security Agent and the Secondary Security AgentAgent shall, upon receiving that notification, notify the Agents. (b) If an Event of Default or a Default under the OeKB Facilities Agreement either occurs or ceases to be continuing the OeKB Agent shall, upon becoming aware of that occurrence or cessation, notify the Security Agent and the Security Agent shall, upon receiving that notification, notify the Agents. (c) If an Event of Default or Secondary a Default under the Bond Indenture either occurs or ceases to be continuing the Bond Trustee shall, upon becoming aware of that occurrence or cessation, notify the Security Agent and the Security Agent shall, upon receiving that notification, notify the Agents. (d) If an Acceleration Event occurs, the relevant Agent shall notify the Security Agent and the Security Agent shall, upon receiving that notification, notify each other Party. (e) If the Security Agent enforces, or takes formal steps to enforce, any of the Transaction Security the Security Agent it shall notify each Party of that action. (cf) If any Finance Party Senior Creditor exercises any right it may have to enforce, or to take formal steps to enforce, any of the Transaction Security it shall notify the Security Agent and the Security Agent shall, upon receiving that notification, notify each Party of that action. (dg) If an Obligor a Debtor defaults on any Payment due under a Hedging Agreement, the Hedge Counterparty which is party to that Hedging Agreement shall, upon becoming aware of that default, notify the Security Agent and the Security Agent shall, upon receiving that notification, notify the Security Agent, each other Hedge Counterparty and the Secondary Security AgentAgents. (eh) If a Hedge Counterparty terminates or closes-out, in whole or in part, any hedging transaction under any Hedging Agreement, it shall notify the Agent and the Agent shall, upon receiving that notification, notify the Security Agent, each other Hedge Counterparty and the Secondary Security Agent. (f) If a prepayment Agreement under Clause 8 6.4 (Mandatory Prepayment and Cancellation) is waived the Agent shall notify the Security Agent, the Secondary Security Agent and each Hedge Counterparty of the amount of the prepayment waived. (g) If any amount outstanding under any Facility is to be reduced (whether by way of repayment, prepayment, cancellation or otherwise) the Company shall notify each Hedge Counterparty of the date and amount of that proposed reduction.

Notification of prescribed events. (a) If an Event of Default or a Default under the Credit Facility Agreement either occurs or ceases to be continuing the Agent Creditor Representative shall, upon becoming aware of that occurrence or cessation, notify each Hedge Counterparty, the Security Agent and the Secondary Security AgentAgent shall, upon receiving that notification, notify each other Creditor Representative and each Hedge Counterparty. (b) If an Event of Default or a Default under the Senior Secured Notes Indenture either occurs or ceases to be continuing the Senior Secured Notes Trustee shall, upon becoming aware of that occurrence or cessation, notify the Security Agent or Secondary and the Security Agent shall, upon receiving that notification, notify each other Creditor Representatives and each Hedge Counterparty. (c) If an Acceleration Event occurs, the relevant Creditor Representative shall notify the Security Agent and the Security Agent shall, upon receiving that notification, notify each other Party. (d) If the Security Agent enforces, or takes formal steps to enforce, any of the Transaction Security the Security Agent it shall notify each Party of that action. (ce) If any Finance Party Primary Creditor exercises any right it may have to enforce, or to take formal steps to enforce, any of the Transaction Security it shall notify the Security Agent and the Security Agent shall, upon receiving that notification, notify each Party of that action. (df) If an Obligor a Debtor defaults on any Payment due under a Hedging Agreement (prior to the expiry of any applicable notice or grace periods under that Hedging Agreement), the Hedge Counterparty which is party to that Hedging Agreement shall, upon becoming aware of that default, notify the Security Agent and the Security Agent shall, upon receiving that notification, notify the Security Agent, each Creditor Representative and each other Hedge Counterparty and the Secondary Security AgentCounterparty. (eg) If a Hedge Counterparty terminates or closes-out, in whole or in part, any hedging transaction under any Hedging Agreement, it shall notify the Agent and the Agent shall, upon receiving that notification, notify the Security Agent, each other Hedge Counterparty and the Secondary Security Agent. (f) If a prepayment Agreement under Clause 8 7.9 (Mandatory Prepayment and Cancellation) is waived the Agent shall notify the Security Agent, the Secondary Security Agent and each Hedge Counterparty of the amount of the prepayment waived. (g) If any amount outstanding under any Facility is to be reduced (whether by way of repayment, prepayment, cancellation or otherwise) the Company shall notify each Hedge Counterparty of the date and amount of that proposed reduction.

Notification of prescribed events. (a) If an Event of Default either occurs or ceases to be continuing the Agent shall, upon becoming aware of that occurrence or cessation, notify each Hedge Counterparty, the Security Agent and the Secondary Security Agent. (b) If the Security Agent or Secondary Security Agent enforces, or takes formal steps to enforce, any of the Transaction Security the Security Agent shall notify each Party of that action. (c) If any Finance Party exercises any right it may have to enforce, or to take formal steps to enforce, any of the Transaction Security it shall notify the Security Agent and the Security Agent shall, upon receiving that notification, notify each Party of that action. (d) If an Obligor defaults on any Payment due under a Hedging Agreement, the Hedge Counterparty which is party to that Hedging Agreement shall, upon becoming aware of that default, notify the Agent and the Agent shall, upon receiving that notification, notify the Security Agent, each other Hedge Counterparty and the Secondary Security Agent. (e) If a Hedge Counterparty terminates or closes-out, in whole or in part, any hedging transaction under any Hedging Agreement, it shall notify the Agent and the Agent shall, upon receiving that notification, notify the Security Agent, each other Hedge Counterparty and the Secondary Security Agent.. 0081727-0000042 SN:12155633.21 176 (f) If a prepayment under Clause 8 (Mandatory Prepayment and Cancellation) is waived the Agent shall notify the Security Agent, the Secondary Security Agent and each Hedge Counterparty of the amount of the prepayment waived. (g) If any amount outstanding under any Facility is to be reduced (whether by way of repayment, prepayment, cancellation or otherwise) the Company shall notify each Hedge Counterparty of the date and amount of that proposed reduction.

Notification of prescribed events. (a) If an Event of Default or Default under a Credit Facility Document or Pari Passu Debt Document either occurs or ceases to be continuing the Agent relevant Creditor Representative shall, upon promptly after becoming aware of that occurrence or cessation, notify each Hedge Counterparty, the Security Agent and the Secondary Security AgentAgent shall, upon receiving that notification, notify each other Creditor Representative. (b) If a Credit Facility Acceleration Event occurs the relevant Creditor Representative for the Credit Facility shall notify the Security Agent or Secondary and the Security Agent shall, promptly after receiving that notification, notify the Parent and each other Creditor Representative. (c) If a Pari Passu Debt Acceleration Event occurs the relevant Creditor Representative(s) shall notify the Security Agent and the Security Agent shall, promptly after receiving that notification, notify the Parent and each other Creditor Representative. (d) If the Security Agent enforces, or takes formal steps to enforce, any of the Transaction Security the Security Agent it shall notify each Party Creditor Representative of that action. (ce) If any Finance Party Primary Creditor exercises any right it may have to enforce, or to take formal steps to enforce, any of the Transaction Security it shall notify the Security Agent and the Security Agent shall, upon promptly after receiving that notification, notify each Party Creditor Representative of that action. (d) If an Obligor defaults on any Payment due under a Hedging Agreement, the Hedge Counterparty which is party to that Hedging Agreement shall, upon becoming aware of that default, notify the Agent and the Agent shall, upon receiving that notification, notify the Security Agent, each other Hedge Counterparty and the Secondary Security Agent. (e) If a Hedge Counterparty terminates or closes-out, in whole or in part, any hedging transaction under any Hedging Agreement, it shall notify the Agent and the Agent shall, upon receiving that notification, notify the Security Agent, each other Hedge Counterparty and the Secondary Security Agent. (f) If a prepayment under Clause 8 (Mandatory Prepayment and Cancellation) is waived the Agent shall notify the Security AgentAgent receives a notice under paragraph (a) of Clause 5.1 (Option to purchase: Pari Passu Debt Creditors) it shall promptly after receiving that notice, the Secondary Security Agent notify, and each Hedge Counterparty of the amount of the prepayment waived. (g) If any amount outstanding under any Facility is to be reduced (whether by way of repayment, prepayment, cancellation or otherwise) the Company shall notify each Hedge Counterparty of the date and amount send a copy of that proposed reductionnotice to, each Creditor Representative for the Credit Facility.

Notification of prescribed events. (a) If an Event of Default either occurs or ceases to be continuing the Agent shall, upon becoming aware of that occurrence or cessation, notify each Hedge Counterparty, the Bondholders Agent and Security Agent and the Secondary Security AgentAgent shall, upon receiving that notification, notify each Hedge Counterparty and each Cash Management Provider. (b) If an Acceleration Event occurs the Agent shall notify the Security Agent or Secondary and the Security Agent shall, upon receiving that notification, notify each other Party. (c) If the Security Agent enforces, or takes formal steps to enforce, any of the Transaction Security the Security Agent it shall notify each Secured Party of that action. (cd) If any Finance Party exercises Senior Creditor intends to exercise any right it may have to enforce, or to take formal steps to enforce, any of the Transaction Security it shall notify give reasonable prior notice to the Security Agent and the Security Agent shall, upon receiving that notification, notify each Secured Party of that action. (de) If an Obligor any Intra-Group Lender intends to exercise any right it may have to take action in accordance with Clause 5.8 (Permitted Enforcement: Intra-Group Lenders) it shall give reasonable prior notice to the Security Agent and the Security Agent shall, upon receiving that notification, notify each Secured Party of that action. (f) If the Subordinated Creditor intends to exercise any right it may have to take action in accordance with Clause 6.8 (Permitted Enforcement: Subordinated Creditor) it shall give reasonable prior notice to the Security Agent and the Security Agent shall, upon receiving that notification, notify each Secured Party of that action. (g) If a Debtor defaults on any Payment due under a Hedging Agreement, the Hedge Counterparty which is party to that Hedging Agreement shall, upon becoming aware of that default, notify the Security Agent and the Security Agent shall, upon receiving that notification, notify the Security Agent, Agent and each other Hedge Counterparty and the Secondary Security AgentCounterparty. (eh) If a Debtor defaults on any Payment due under a Cash Management Arrangement (such that the relevant Cash Management Provider is able to exercise rights of acceleration under that Cash Management Arrangement), the relevant Cash Management Provider shall, upon becoming aware of that default, notify the Security Agent and the Security Agent shall, upon receiving that notification, notify the Agent and each other Cash Management Provider (i) If, prior to a Distress Event, the Company has certified to a Hedge Counterparty under paragraph (a)(i) of Clause 4.9 (Permitted Enforcement: Hedge Counterparties), that a proposed termination or close-out, in whole or in part, of any hedging transaction under any Hedging Agreement would not result in a breach of the Senior Facilities Agreement and/or Bond Terms, the Company shall deliver a copy of that certificate to the Security Agent and the Security Agent shall, upon receiving that certificate, notify the Agent and each other Hedge Counterparty. (j) If a Hedge Counterparty terminates or closes-out, in whole or in part, any hedging transaction under any Hedging Agreement, it shall notify the Agent and the Agent shall, upon receiving that notification, notify the Security Agent, each other Hedge Counterparty and the Secondary Security Agent. (f) If a prepayment Agreement under Clause 8 4.9 (Mandatory Prepayment and Cancellation) is waived the Agent shall notify the Security Agent, the Secondary Security Agent and each Hedge Counterparty of the amount of the prepayment waived. (g) If any amount outstanding under any Facility is to be reduced (whether by way of repayment, prepayment, cancellation or otherwise) the Company shall notify each Hedge Counterparty of the date and amount of that proposed reduction.

Notification of prescribed events. ‌ (a) If an Event of Default or a Material Event of Default either occurs or ceases to be continuing the Agent shall, upon becoming aware of that occurrence or cessation, notify each Hedge Counterparty, the Security Agent and the Secondary Security AgentAgent shall, upon receiving that notification, notify each Hedge Counterparty. (b) If a Senior Payment Default either occurs or ceases to be continuing the Agent shall notify the Security Agent. (c) If a Declared Default occurs the Agent shall notify the Security Agent or Secondary and the Security Agent shall, upon receiving that notification, notify each other Party. (d) If the Security Agent receives a Super Priority Enforcement Notice under Clause 3.9 (Permitted Enforcement: Super Priority Creditors), it shall upon receiving that notice send a copy of that notice to each Hedge Counterparty and each Senior Creditor (other than a Super Priority Lender). (e) If the Security Agent enforces, or takes formal steps to enforce, any of the Transaction Security the Security Agent it shall notify each Party of that action. (cf) If any Finance Party Senior Creditor exercises any right it may have to enforce, or to take formal steps to enforce, any of the Transaction Security it shall notify the Security Agent and the Security Agent shall, upon receiving that notification, notify each Party of that action.action.‌ (dg) If an Obligor a Debtor defaults on any Payment due under a Hedging Agreement, the Hedge Counterparty which is party to that Hedging Agreement shall, upon becoming aware of that default, notify the Security Agent and the Security Agent shall, upon receiving that notification, notify the Security Agent, Agent and each other Hedge Counterparty and the Secondary Security AgentCounterparty. (eh) If a Hedge Counterparty terminates or closes-out, in whole or in part, any hedging transaction under any Hedging Agreement, Agreement under Clause 4.9 (Permitted Enforcement: Hedge Counterparties) it shall notify the Security Agent and the Security Agent shall, upon receiving that notification, notify the Agent and each other Hedge Counterparty. (i) If the Security Agent receives a notice under Clause 5 (Option to Purchase: Pari Passu Lenders) it shall upon receiving that notice, notify, and send a copy of that notice to the Agent, each other Hedge Counterparty and the Secondary Security Agent. (f) If a prepayment under Clause 8 (Mandatory Prepayment and Cancellation) is waived the Agent shall notify the Security Agent, the Secondary Security Agent Super Priority Lender and each Hedge Counterparty of the amount of the prepayment waivedCounterparty. (g) If any amount outstanding under any Facility is to be reduced (whether by way of repayment, prepayment, cancellation or otherwise) the Company shall notify each Hedge Counterparty of the date and amount of that proposed reduction.

Notification of prescribed events. (aA) If an Event of Default either occurs or ceases to be continuing the Facility Agent shall, upon becoming aware of that occurrence or cessation, notify each Hedge Counterparty, the Security Agent and the Secondary Security AgentAgent shall, upon receiving that notification, notify each Hedging Counterparty. (bB) If an Acceleration Event occurs the Facility Agent shall notify the Security Agent and the Security Agent shall, upon receiving that notification, notify each other Party. (C) If the Security Agent or Secondary Security Agent enforces, or takes formal steps to enforce, any of the Transaction Security the Security Agent it shall notify each Party of that action. (cD) If any Finance Party Creditor exercises any right it may have to enforce, or to take formal steps to enforce, any of the Transaction Security it shall notify the Security Agent and the Security Agent shall, upon receiving that notification, notify each Party of that action. (dE) If an Obligor defaults on any Payment due under a Hedging Agreement, the Hedge Hedging Counterparty which is party to that Hedging Agreement shall, upon becoming aware of that default, notify the Security Agent and the Security Agent shall, upon receiving that notification, notify the Security Agent, Facility Agent and each other Hedge Counterparty and the Secondary Security AgentHedging Counterparty. (eF) If a Hedge Hedging Counterparty terminates or closes-out, in whole or in part, any hedging transaction Hedging Transaction under any Hedging Agreement, Agreement under Clause 4.9 (Permitted Enforcement: Hedging Counterparties) it shall notify the Security Agent and the Security Agent shall, upon receiving that notification, notify the Security Agent, each Agent and each other Hedge Counterparty and the Secondary Security AgentHedging Counterparty. (fG) If a prepayment under Clause 8 (Mandatory Prepayment and Cancellation) is waived the Facility Agent shall notify the Security Agent, the Secondary Security Agent and each Hedge Counterparty of the amount of the prepayment waived. (g) If any amount outstanding under any Facility is to be reduced (whether by way of repaymentMandatory Prepayment waived and the Security Agent shall, prepaymentupon receiving that notification, cancellation or otherwise) the Company shall notify each Hedge Counterparty of the date and amount of that proposed reductionHedging Counterparty.