Common use of Permitted Second Lien enforcement Clause in Contracts

Permitted Second Lien enforcement. (a) Subject to Clause 5.11 (Enforcement on behalf of Second Lien Secured Creditors), the restrictions in Clause 5.7 (Restrictions on enforcement by Second Lien Secured Creditors) will not apply if:

Appears in 3 contracts

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

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Permitted Second Lien enforcement. (a) Subject to Clause 5.11 (Enforcement on behalf of Permitted Second Lien Secured Financing Creditors), the restrictions in Clause 5.7 (Restrictions on enforcement by Permitted Second Lien Secured Financing Creditors) will not apply if:

Appears in 3 contracts

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

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Permitted Second Lien enforcement. (a) Subject to Clause 5.11 7.16 (Enforcement on behalf of Second Lien Secured Creditors), the restrictions in Clause 5.7 7.12 (Restrictions on enforcement by Second Lien Secured Creditors) will not apply in respect of the Second Lien Liabilities or the Security Documents which secure Second Lien Liabilities, if:

Appears in 1 contract

Samples: Intercreditor Agreement (Amc Entertainment Holdings, Inc.)

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