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: Senior Facilities Agreement (Liberty Global PLC), Additional Facility S Accession Deed (Liberty Global PLC), Additional Facility Accession Deed (Liberty Global PLC)

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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)

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