Common use of Permitted Second Lien enforcement Clause in Contracts

Permitted Second Lien enforcement. (a) Subject to Clause 5.11 (Enforcement on behalf of Permitted Second Lien Financing Creditors), the restrictions in Clause 5.7 (Restrictions on enforcement by Permitted Second Lien Financing Creditors) will not apply if: (i) a Permitted Second Lien Financing Event of Default (the "Relevant Second Lien Default") is continuing; (ii) each Senior Agent has received a notice of the Relevant Second Lien Default specifying the event or circumstance in relation to the Relevant Second Lien Default from the relevant Second Lien Creditor Representative; (iii) a Second Lien Standstill Period (as defined below) has elapsed; and (iv) the Relevant Second Lien Default is continuing at the end of the relevant Second Lien Standstill Period. (b) Promptly upon becoming aware of a Permitted Second Lien Financing Event of Default, the relevant Second Lien Creditor Representative may by notice (a "Second Lien Enforcement Notice") in writing notify the Senior Agents of the existence of such Permitted Second Lien Financing Event of Default.

Permitted Second Lien enforcement. (a) Subject to Clause 5.11 (Enforcement on behalf of Permitted Second Lien Financing Creditors), the restrictions in Clause 5.7 (Restrictions on enforcement by Permitted Second Lien Financing Creditors) will not apply if: (i) a Permitted Second Lien Financing Event of Default (the "“Relevant Second Lien Default"”) is continuing; (ii) each Senior Agent has received a notice of the Relevant Second Lien Default specifying the event or circumstance in relation to the Relevant Second Lien Default from the relevant Permitted Second Lien Creditor Representative; (iii) a Second Lien Standstill Period (as defined below) has elapsed; and (iv) the Relevant Second Lien Default is continuing at the end of the relevant Second Lien Standstill Period. (b) Promptly upon becoming aware of a Permitted Second Lien Financing Event of Default, the relevant Permitted Second Lien Creditor Representative may by notice (a "“Second Lien Enforcement Notice"”) in writing notify the Senior Agents of the existence of such Permitted Second Lien Financing Event of Default.

Permitted Second Lien enforcement. (a) Subject to Clause 5.11 (Enforcement on behalf of Permitted Second Lien Financing Secured Creditors), the restrictions in Clause 5.7 (Restrictions on enforcement by Permitted Second Lien Financing Secured Creditors) will not apply if: (i) a Permitted Second Lien Financing Event of Default (the "“Relevant Second Lien Default"”) is continuing; (ii) each Revolving Agent and Senior Agent has received a notice of the Relevant Second Lien Default specifying the event or circumstance in relation to the Relevant Second Lien Default from the relevant Second Lien Creditor RepresentativeAgent; (iii) a Second Lien Standstill Period (as defined below) has elapsed; and (iv) the Relevant Second Lien Default is continuing at the end of the relevant Second Lien Standstill Period. (b) Promptly upon becoming aware of a Permitted Second Lien Financing Event of Default, the relevant Second Lien Creditor Representative Agent may by notice (a "“Second Lien Enforcement Notice"”) in writing notify the Revolving Agent and the Senior Agents of the existence of such Permitted Second Lien Financing Event of Default.

Permitted Second Lien enforcement. (a) Subject to Clause 5.11 (Enforcement on behalf of Permitted Second Lien Financing Secured Creditors), the restrictions in Clause 5.7 (Restrictions on enforcement by Permitted Second Lien Financing Secured Creditors) will not apply if: (i) a Permitted Second Lien Financing Event of Default (the "“Relevant Second Lien Default"”) is continuing; (ii) each Senior Agent has received a notice of the Relevant Second Lien Default specifying the event or circumstance in relation to the Relevant Second Lien Default from the relevant Second Lien Creditor RepresentativeAgent; (iii) a Second Lien Standstill Period (as defined below) has elapsed; and (iv) the Relevant Second Lien Default is continuing at the end of the relevant Second Lien Standstill Period. (b) Promptly upon becoming aware of a Permitted Second Lien Financing Event of Default, the relevant Second Lien Creditor Representative Agent may by notice (a "“Second Lien Enforcement Notice"”) in writing notify the Senior Agents and the Security Agent of the existence of such Permitted Second Lien Financing Event of Default.

Permitted Second Lien enforcement. (a) Subject to Clause 5.11 (Enforcement on behalf of Permitted Second Lien Financing Secured Creditors), the restrictions in Clause 5.7 (Restrictions on enforcement by Permitted Second Lien Financing Secured Creditors) will not apply if: (i) a Permitted Second Lien Financing Event of Default (the "“Relevant Second Lien Default"”) is continuing; (ii) each Senior Agent has received a notice of the Relevant Second Lien Default specifying the event or circumstance in relation to the Relevant Second Lien Default from the relevant Second Lien Creditor RepresentativeAgent; (iii) a Second Lien Standstill Period (as defined below) has elapsed; and (iv) the Relevant Second Lien Default is continuing at the end of the relevant Second Lien Standstill Period. (b) Promptly upon becoming aware of a Permitted Second Lien Financing Event of Default, the relevant Second Lien Creditor Representative Agent may by notice (a "“Second Lien Enforcement Notice"”) in writing notify the Senior Agents of the existence of such Permitted Second Lien Financing Event of Default.