Resignation and release of security on disposal. If a Borrower or Guarantor is or is proposed to be the subject of a Third Party Disposal then:
Resignation and release of security on disposal. Subject to the terms of the Intercreditor Agreement, if a Guarantor or any of its assets is or is proposed to be the subject of a Third Party Disposal, a Permitted Transaction or a Permitted Disposal (each, a "Relevant Disposal") then:
Resignation and release of security on disposal. If a Security Provider is or is proposed to be the subject of a Third Party Disposal then:
Resignation and release of security on disposal. (a) In this clause, Third Party Disposal means the disposal of an Obligor to a person which is not a member of the Group where that disposal is permitted under clause 23.13 (Disposals) or made with the approval of the Majority Lenders (and the Borrower has confirmed this is the case).
Resignation and release of security on disposal. If all of the Equity Interests in a Guarantor are or are proposed to be the subject of a Third Party Disposal then:
Resignation and release of security on disposal. If a Borrower or Guarantor is or is proposed to be the subject of a Third Party Disposal, or if there is a disposal of Charged Property that is a Permitted Disposal or a disposal in the form of a transfer of shares required pursuant to Clause 23.32(d) (Conditions subsequent) or a release of security required in order to effect a conversion referred to in paragraph (d) of the definition of Permitted Transaction, then:
Resignation and release of security on disposal. If an Obligor is or is proposed to be the subject of a Third Party Disposal under Clause 22.13 (Disposals):
Resignation and release of security on disposal. If a Borrower or Guarantor is or is proposed to be the subject of a Third Party Disposal, or if there is a disposal of Charged Property that is an Asset Sale which is not prohibited under Section 4 (Limitations on Asset Sales) of Schedule 15 (New York Law Undertakings), then:
Resignation and release of security on disposal. If an Obligor (which is a Material Target Subsidiary) is or is proposed to be the subject of a Third Party Disposal then:
Resignation and release of security on disposal. If a Guarantor is or is proposed to be the subject of a disposal to a person which is not a member of the Group then:
