Common use of Notification of prescribed events Clause in Contracts

Notification of prescribed events. (a) If an Event of Default under a Super Senior Credit Facility Document or Pari Passu Debt Document either occurs or ceases to be continuing the relevant Creditor Representative shall, upon becoming aware of that occurrence or cessation, notify the Security Agent and the Security Agent shall, upon receiving that notification, notify each other Primary Creditor. (b) If a Super Senior Credit Facility Acceleration Event occurs the relevant Super Senior Credit Facility Agent shall notify the Security Agent and the Security Agent shall, upon receiving that notification, notify each other Party. (c) If a Pari Passu Debt Acceleration Event occurs the relevant Creditor Representative(s) 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 Shared Transaction Security or the Super Senior Additional Security it shall notify each Party of that action. (e) If any Primary Creditor exercises any right it may have to enforce, or to take formal steps to enforce, any of the Shared Transaction Security or the Super Senior Additional Security it shall notify the Security Agent and the Security Agent shall, upon receiving that notification, notify each Party of that action. (f) If the Security Agent receives a notice under paragraph (a) of Clause 5.1 (

Notification of prescribed events. (a) If an Event of Default under a Super Senior Credit Facility Document or Pari Passu Debt Document either occurs or ceases to be continuing the relevant Creditor Representative Senior Facility Agent shall, upon becoming aware of that occurrence or cessation, notify the Security Agent Trustee and the Security Agent Trustee shall, upon receiving that notification, notify each other Primary CreditorHedging Counterparty. (b) If a Super Junior Payment Stop Event either occurs or ceases to be continuing the Security Trustee shall notify the Junior Facility Agent. (c) If a Senior Credit Facility Acceleration Event Payment Default either occurs or ceases to be continuing the relevant Super Senior Credit Facility Agent shall notify the Security Agent Trustee and the Security Trustee shall, upon receiving that notification, notify the Junior Facility Agent. (d) If a Senior Acceleration Event occurs the Senior Facility Agent shall notify the Security Trustee and the Security Trustee shall, upon receiving that notification, notify each other Party. (ce) If a Pari Passu Debt Junior Acceleration Event occurs the relevant Creditor Representative(s) Junior Facility Agent shall notify the Security Agent Trustee and the Security Agent Trustee shall, upon receiving that notification, notify each other Party. (d) If the Security Agent enforces, or takes formal steps to enforce, any of the Shared Transaction Security or the Super Senior Additional Security it shall notify each Party of that action. (e) If any Primary Creditor exercises any right it may have to enforce, or to take formal steps to enforce, any of the Shared Transaction Security or the Super Senior Additional Security it shall notify the Security Agent and the Security Agent shall, upon receiving that notification, notify each Party of that action. (f) If the Security Agent Trustee receives a notice Junior Enforcement Notice under paragraph (aa)(ii)(A) of Clause 5.1 5.11 (

Notification of prescribed events. (a) If an Event of Default under a Super Senior Credit Facility Document or Pari Passu Debt Notes Document either occurs or ceases to be continuing the relevant Creditor Representative shall, upon becoming aware of that occurrence or cessation, notify the Common Security Agent and the Common Security Agent shall, upon receiving that notification, notify each other Primary CreditorCreditor Representative and each Hedge Counterparty. (b) If a Super Senior Credit Facility Acceleration Event occurs the relevant Super Senior Credit Facility Agent Creditor Representative(s) shall notify the Common Security Agent and the Common Security Agent shall, upon receiving that notification, notify each other PartyCreditor Representative and each Hedge Counterparty. (c) If a Pari Passu Debt Notes Acceleration Event occurs the relevant Creditor Representative(s) shall notify the Common Security Agent and the Common Security Agent shall, upon receiving that notification, notify each other PartyCreditor Representative and each Hedge Counterparty. (d) If the Common Security Agent enforces, or takes formal steps to enforce, any of the Shared Transaction Security or the Super Senior Additional Security it shall notify each Party Creditor Representative and each Hedge Counterparty of that action. (e) If the Company defaults on any Primary Creditor exercises any right it may have Payment due under a Hedging Agreement, the Hedge Counterparty which is party to enforcethat Hedging Agreement shall, or to take formal steps to enforceupon becoming aware of that default, any of the Shared Transaction Security or the Super Senior Additional Security it shall notify the Common Security Agent and the Common Security Agent shall, upon receiving that notification, notify each Party of that actionCreditor Representative and each other Hedge Counterparty. (f) If the Security Agent receives a notice Hedge Counterparty terminates or closes-out, in whole or in part, any hedging transaction under paragraph any Hedging Agreement under Clause 4.9 (a) of Clause 5.1 (Permitted Enforcement:

Notification of prescribed events. ‌ (a) If an Event of Default under a Super Senior Credit Facility Document or Pari Passu Debt Notes Document either occurs or ceases to be continuing the relevant Creditor Representative shall, upon becoming aware of that occurrence or cessation, notify the Common Security Agent and the Common Security Agent shall, upon receiving that notification, notify each other Primary CreditorCreditor Representative and each Hedge Counterparty. (b) If a Super Senior Credit Facility Acceleration Event occurs the relevant Super Senior Credit Facility Agent Creditor Representative(s) shall notify the Common Security Agent and the Common Security Agent shall, upon receiving that notification, notify each other Party.Creditor Representative and each Hedge Counterparty.‌ (c) If a Pari Passu Debt Notes Acceleration Event occurs the relevant Creditor Representative(s) shall notify the Common Security Agent and the Common Security Agent shall, upon receiving that notification, notify each other PartyCreditor Representative and each Hedge Counterparty. (d) If the Common Security Agent enforces, or takes formal steps to enforce, any of the Shared Transaction Security or the Super Senior Additional Security it shall notify each Party Creditor Representative and each Hedge Counterparty of that action. (e) If the Company defaults on any Primary Creditor exercises any right it may have Payment due under a Hedging Agreement, the Hedge Counterparty which is party to enforcethat Hedging Agreement shall, or to take formal steps to enforceupon becoming aware of that default, any of the Shared Transaction Security or the Super Senior Additional Security it shall notify the Common Security Agent and the Common Security Agent shall, upon receiving that notification, notify each Party of that actionCreditor Representative and each other Hedge Counterparty. (f) If the Security Agent receives a notice Hedge Counterparty terminates or closes-out, in whole or in part, any hedging transaction under paragraph any Hedging Agreement under Clause 4.9 (a) of Clause 5.1 (Permitted Enforcement: