Common use of Permitted Enforcement: Intra-Group Lenders Clause in Contracts

Permitted Enforcement: Intra-Group Lenders. After the occurrence of an Insolvency Event, each Intra-Group Lender may (unless otherwise directed by the Security Agent or unless the Security Agent has taken, or has given notice that it intends to take, action on behalf of that Intra-Group Lender in accordance with Clause 13.5 (Filing of claims) or under the Transaction Security Documents creating Security over the relevant Intra-Group Liabilities), exercise any right it may otherwise have against that member of the Group to:

Appears in 6 contracts

Samples: Intercreditor Agreement (Liberty Global PLC), Agreement (Liberty Global PLC), Agreement (Liberty Global PLC)

AutoNDA by SimpleDocs

Permitted Enforcement: Intra-Group Lenders. After the occurrence of an Insolvency EventEvent in relation to any member of the Group, each Intra-Group Lender may (unless otherwise directed by the Intercreditor Agent or the Common Security Agent or unless the Intercreditor Agent or the Common Security Agent has taken, or has given notice that it intends to take, action on behalf of that Intra-Group Lender in accordance with Clause 13.5 12.5 (Filing of claims) or under the Transaction Security Documents creating Security over the relevant Intra-Group Liabilities)), exercise any right it may otherwise have against that member of the Group to:

Appears in 5 contracts

Samples: Intercreditor Agreement (Melco Resorts & Entertainment LTD), Intercreditor Agreement (STUDIO CITY INTERNATIONAL HOLDINGS LTD), Intercreditor Agreement (STUDIO CITY INTERNATIONAL HOLDINGS LTD)

Permitted Enforcement: Intra-Group Lenders. After the occurrence of an Insolvency EventEvent in relation to any Group Company, each Intra-Group Lender may (unless otherwise directed by the Security Agent or unless the Security Agent has taken, or has given notice that it intends to take, action on behalf of that Intra-Group Lender in accordance with Clause 13.5 9.5 (Filing of claims) or under the Transaction Security Documents creating Security over the relevant Intra-Group Liabilities)), exercise any right it may otherwise have against that member of the Group Company to:

Appears in 3 contracts

Samples: Intercreditor Agreement (Paysafe LTD), Intercreditor Agreement (Paysafe LTD), Intercreditor Agreement (Paysafe LTD)

Permitted Enforcement: Intra-Group Lenders. After the occurrence of an Insolvency EventEvent in relation to any member of the Group, each Intra-Group Lender may (unless otherwise directed by the Security Agent (acting on instruction of the Instructing Group) or unless the Security Agent has taken, or has given notice that it intends to take, action on behalf of that Intra-Group Lender in accordance with Clause 13.5 ‎8.5 (Filing of claims) or under the any Transaction Security Documents Document creating Security over the relevant Intra-Group Liabilities), ) exercise any right it may otherwise have against that member of the Group to:

Appears in 2 contracts

Samples: Intercreditor Agreement (B Communications LTD), Intercreditor Agreement (Internet Gold Golden Lines LTD)

Permitted Enforcement: Intra-Group Lenders. After the occurrence of an Insolvency EventEvent in relation to any member of the Group, each Intra-Group Lender may (unless otherwise directed by the Security Agent or unless the Security Agent has taken, or has given notice that it intends to take, action on behalf of that Intra-Group Lender in accordance with Clause 13.5 6.4 (Filing of claims)) or under the Transaction Security Documents creating Security over the relevant Intra-Group Liabilities), exercise any right it may otherwise have against in respect of that member of the Group to:

Appears in 2 contracts

Samples: Intercreditor Agreement (LumiraDx LTD), Intercreditor Agreement (LumiraDx LTD)

Permitted Enforcement: Intra-Group Lenders. After the occurrence of an Insolvency EventEvent in relation to any member of the Group, each Intra-Group Lender may (unless otherwise directed by the Security Agent or unless the Security Agent has taken, or has given notice that it intends to take, action on behalf of that Intra-Group Lender in accordance with Clause 13.5 9.5 (Filing of claims) or under the Transaction Security Documents creating Security over the relevant Intra-Group Liabilities)), exercise any right it may otherwise have against that member of the Group to:

Appears in 2 contracts

Samples: Intercreditor Agreement (Ferroglobe PLC), Intercreditor Agreement

Permitted Enforcement: Intra-Group Lenders. After the occurrence of an Insolvency EventEvent in relation to a Debtor, each Intra-Group Lender may (unless otherwise directed by the Security Agent SPV or unless the Security Agent SPV has taken, or has given notice that it intends to take, action on behalf of that Intra-Group Lender in accordance with Clause 13.5 10.5 (Filing of claims) or under the Transaction Security Documents creating Security over the relevant Intra-Group LiabilitiesClaims)), exercise any right it may otherwise have against that member of the Group Debtor to:

Appears in 1 contract

Samples: Intercreditor Agreement (Sedibelo Resources LTD)

Permitted Enforcement: Intra-Group Lenders. After the occurrence of an Insolvency EventEvent in relation to any Group Company, each Intra-Intra- Group Lender may (unless otherwise directed by the Security Agent or unless the Security Agent has taken, or has given notice that it intends to take, action on behalf of that Intra-Group Lender in accordance with Clause 13.5 9.5 (Filing of claims) or under the Transaction Security Documents creating Security over the relevant Intra-Group Liabilities)), exercise any right it may otherwise have against that member of the Group Company to:

Appears in 1 contract

Samples: Project Albion Intercreditor Agreement

Permitted Enforcement: Intra-Group Lenders. After the occurrence of an Insolvency EventEvent in relation to the Company or any member of the Restricted US Group, each Intra-Group Lender may (unless otherwise directed by the Security Agent or unless the Security Agent has taken, or has given notice that it intends to take, action on behalf of that Intra-Group Lender in accordance with Clause 13.5 9.4 (Filing of claims) or under the Transaction Security Documents creating Security over the relevant Intra-Group Liabilities)), exercise any right it may otherwise have against the Company or that member of the Restricted US Group (as applicable) to:

Appears in 1 contract

Samples: Intercreditor Agreement (Tidewater Inc)

Permitted Enforcement: Intra-Group Lenders. After the occurrence of an Insolvency EventEvent in relation to any member of the Group, each Intra-Group Lender may (unless otherwise directed by the Security Agent or unless the Security Agent has taken, or has given notice that it intends to take, action on behalf of that Intra-Group Lender in accordance with Clause 13.5 10.5 (Filing of claims) or under the Transaction Security Documents creating Security over the relevant Intra-Group Liabilities)), exercise any right it may otherwise have against that member of the Group to:

Appears in 1 contract

Samples: Agreement

Permitted Enforcement: Intra-Group Lenders. After the occurrence of an Insolvency EventEvent in relation to any Group Member or Debtor and without prejudice to Clause 9 (Turnover of Receipts), each Intra-Group Lender may (unless otherwise directed by the Security Agent or unless the Security Agent has taken, or has given notice that it intends to take, action on behalf of that Intra-Group Lender in accordance with Clause 13.5 8.4 (Filing of claims) or under the Transaction Security Documents creating Security over the relevant Intra-Group Liabilities)), exercise any right it may otherwise have against that member of the Group Member or Debtor to:

Appears in 1 contract

Samples: Facilities Agreement (RISE Education Cayman LTD)

Permitted Enforcement: Intra-Group Lenders. After the occurrence of an Insolvency EventEvent in relation to any member of the Group, each Intra-Group Lender may (unless otherwise directed by the Security Agent or unless the Security Agent has taken, or has given notice that it intends to take, action on behalf of that Intra-Group Lender in accordance with Clause 13.5 11.5 (Filing of claims) or under the Transaction Security Documents creating Security over the relevant Intra-Group LiabilitiesClaims)), exercise any right it may otherwise have against that member of the Group to:

Appears in 1 contract

Samples: Intercreditor Agreement

Permitted Enforcement: Intra-Group Lenders. After the occurrence of an Insolvency EventEvent in relation to any member of the Group, each Intra-Intra Group Lender may (unless otherwise directed by the Security Agent Trustee or unless the Security Agent Trustee has taken, or has given notice that it intends to take, action on behalf of that Intra-Intra Group Lender in accordance with Clause 13.5 clause 7.5 (Filing of claims) or under the Transaction Security Documents creating Security over the relevant Intra-Group Liabilities)), exercise any right it may otherwise have against that member of the Group to:

Appears in 1 contract

Samples: Note Purchase Agreement (Luxfer Holdings PLC)

Permitted Enforcement: Intra-Group Lenders. After the occurrence of an Insolvency EventEvent in relation to any Debtor under any Intra-Group Obligations, each Intra-Group Lender may (unless otherwise directed by the Security Agent (acting on the instructions of the relevant Instructing Group) or unless the Security Agent has taken, or has given notice that it intends to take, action on behalf of that Intra-Group Lender in accordance with Clause 13.5 (Filing of claims) or under the Transaction Security Documents creating Security over the relevant Intra-Group LiabilitiesSection 10.4), exercise any right it may otherwise have against that member of the Group person to:

Appears in 1 contract

Samples: Intercreditor Agreement (Nord Anglia Education, Inc.)

Permitted Enforcement: Intra-Group Lenders. After the occurrence of an Insolvency EventEvent in relation to any member of the Group, each Intra-Group Lender may (unless otherwise directed by the Security Agent pursuant to instructions from the Instructing Group or unless the Security Agent has taken, or has given notice that it intends to take, action on behalf of that Intra-Group Lender in accordance with Clause 13.5 7.5 (Filing of claims)) or under the Transaction Security Documents creating Security over the relevant Intra-Group Liabilities), exercise any right it may otherwise have against that member of the Group to:

Appears in 1 contract

Samples: Intercreditor Agreement (Global Ship Lease, Inc.)

Permitted Enforcement: Intra-Group Lenders. After the occurrence of an Insolvency EventEvent in relation to a Debtor, each Intra-Group Lender may (unless otherwise directed by the Security Agent or unless the Security Agent has taken, or has given notice that it intends to take, action on behalf of that Intra-Group Lender in accordance with Clause 13.5 7.5 (Filing of claims)) or under the Transaction Security Documents creating Security over the relevant Intra-Group Liabilities), exercise any right it may otherwise have against that member of the Group Debtor to:

Appears in 1 contract

Samples: Intercreditor Agreement

Permitted Enforcement: Intra-Group Lenders. After the occurrence of an Insolvency EventEvent in relation to any member of the Group, each Intra-Group Lender may (unless otherwise directed by the Common Security Agent or unless the Common Security Agent has taken, or has given notice that it intends to take, action on behalf of that Intra-Group Lender in accordance with Clause 13.5 7.5 (Filing of claimsClaims)) or under the Transaction Security Documents creating Security over the relevant Intra-Group Liabilitiesfor so long as it complies with Clauses 7 (Effect of Insolvency Event) and 8 (Turnover of Receipts), exercise any right it may otherwise have against that member of the Group to:

Appears in 1 contract

Samples: Intercreditor Agreement (Selina Hospitality PLC)

AutoNDA by SimpleDocs

Permitted Enforcement: Intra-Group Lenders. After the occurrence of an Insolvency EventEvent in relation to any Debtor, each Intra-Group Lender may (unless otherwise directed by the Security Agent Collateral Trustee or unless the Security Agent Collateral Trustee has taken, or has given notice that it intends to take, action on behalf of that Intra-Group Lender in accordance with Clause 13.5 paragraph (Filing of claimsh) or under the Transaction Security Documents creating Security over the relevant Intra-Group Liabilities), below) exercise any right it may otherwise have against that member of the Group Debtor to:

Appears in 1 contract

Samples: Collateral Trust Agreement (Seadrill LTD)

Permitted Enforcement: Intra-Group Lenders. After the occurrence of an Insolvency EventEvent in relation to any member of the Group which is continuing, each Intra-Group Lender may (unless otherwise directed by the Security Agent or unless the Security Agent has taken, or has given notice that it intends to take, action on behalf of that Intra-Intra- Group Lender in accordance with Clause 13.5 8.5 (Filing of claims) or under the Transaction Security Documents creating Security over the relevant Intra-Group Liabilities)), exercise any right it may otherwise have against that member of the Group to:

Appears in 1 contract

Samples: Intercreditor Agreement

Permitted Enforcement: Intra-Group Lenders. (a) After the occurrence of an Insolvency EventEvent in relation to any Debtor or grantor of Transaction Security, each Intra-Group Lender may (unless otherwise directed by the Security Agent Trustee or unless the Security Agent Trustee has taken, or has given notice that it intends to take, action on behalf of that Intra-Group Lender in accordance with Clause 13.5 9.5 (Filing of claims)) or under and shall if so directed by the Transaction Security Documents creating Security over the relevant Intra-Group Liabilities)Trustee, exercise any right it may otherwise have against that member Debtor or grantor of the Group Transaction Security to:

Appears in 1 contract

Samples: Intercreditor Agreement (InterXion Holding N.V.)

Permitted Enforcement: Intra-Group Lenders. After the occurrence of an Insolvency EventEvent in relation to a Debtor, each any Intra-Group Lender may (unless otherwise directed by the Security Agent or unless the Security Agent has taken, or has given notice that it intends to take, action on behalf of that Intra-the Intra- Group Lender in accordance with Clause 13.5 7.5 (Filing of claims) or under the Transaction Security Documents creating Security over the relevant Intra-Group Liabilities)), exercise any right it may otherwise have against that member of the Group Debtor to:

Appears in 1 contract

Samples: Intercreditor Agreement

Permitted Enforcement: Intra-Group Lenders. (a) After the occurrence of an Insolvency EventEvent in relation to any member of the Group, each Intra-Group Lender may (unless otherwise directed by the Security Agent or unless the Security Agent has taken, or has given notice that it intends to take, action on behalf of that Intra-Group Lender in accordance with Clause 13.5 9.5 (Filing of claims) or under the Transaction Security Documents creating Security over the relevant Intra-Group Liabilities)), exercise any right it may otherwise have against that member of the Group to:

Appears in 1 contract

Samples: Intercreditor Agreement

Permitted Enforcement: Intra-Group Lenders. After the occurrence of an Insolvency EventEvent in relation to any member of the Group, each Intra-Intra- Group Lender may (unless otherwise directed by the Security Agent or unless the Security Agent has taken, or has given notice that it intends to take, action on behalf of that Intra-Group Lender in accordance with Clause 13.5 7.5 (Filing of claims) or under the Transaction Security Documents creating Security over the relevant Intra-Group Liabilities)), exercise any right it may otherwise have against that member of the Group to:

Appears in 1 contract

Samples: Intercreditor Agreement

Permitted Enforcement: Intra-Group Lenders. After the occurrence of an Insolvency EventEvent in relation to any member of the Group, each Intra-Group Lender may (unless otherwise directed by the Security Agent or unless the Security Agent has taken, or has given notice that it intends to take, action on behalf of that Intra-Group Lender in accordance with Clause 13.5 7.5 (Filing of claims) or under the Transaction Security Documents creating Security over the relevant Intra-Group Liabilities), exercise any right it may otherwise have against that member of the Group to:

Appears in 1 contract

Samples: www.thesisam.com

Permitted Enforcement: Intra-Group Lenders. After the occurrence of an Insolvency EventEvent in relation to any member of the Group, each Intra-Group Lender may (unless otherwise directed by the Security Agent pursuant to instructions from the Instructing Group or unless the Security Agent has taken, or has given notice that it intends to take, action on behalf of that Intra-Group Lender in accordance with Clause 13.5 8.5 (Filing of claims)) or under the Transaction Security Documents creating Security over the relevant Intra-Group Liabilities), exercise any right it may otherwise have against that member of the Group to:

Appears in 1 contract

Samples: Intercreditor Agreement (Global Ship Lease, Inc.)

Permitted Enforcement: Intra-Group Lenders. (a) After the occurrence of an Insolvency EventEvent in relation to any Debtor or grantor of Transaction Security, each Intra-Group Lender may (unless otherwise directed by the Security Agent Trustee or unless the Security Agent Trustee has taken, or has given notice that it intends to take, action on behalf of that Intra-Group Lender in accordance with Clause 13.5 10.5 (Filing of claims)) or under and shall if so directed by the Transaction Security Documents creating Security over the relevant Intra-Group Liabilities)Trustee, exercise any right it may otherwise have against that member Debtor or grantor of the Group Transaction Security to:

Appears in 1 contract

Samples: Intercreditor Agreement (InterXion Holding N.V.)

Permitted Enforcement: Intra-Group Lenders. After the occurrence of an Insolvency EventEvent in relation to any member of the Group, each Intra-Group Lender may (unless otherwise directed by the Common Security Agent or unless the Common Security Agent has taken, or has given notice that it intends to take, action on behalf of that Intra-Group Lender in accordance with Clause 13.5 14.5 (Filing of claims) or under the Transaction Security Documents creating Security over the relevant Intra-Group LiabilitiesClaims)), exercise any right it may otherwise have against that member of the Group to:

Appears in 1 contract

Samples: Intercreditor Agreement (Oatly Group AB)

Time is Money Join Law Insider Premium to draft better contracts faster.