Common use of Restriction on enforcement: Shareholder Creditors Clause in Contracts

Restriction on enforcement: Shareholder Creditors. Subject to Clause 9.8 (Permitted Enforcement: Shareholder Creditors), none of the Shareholder Creditors shall be entitled to take any Enforcement Action in respect of any of the Shareholder Liabilities at any time prior to the Final Discharge Date.

Appears in 2 contracts

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

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Restriction on enforcement: Shareholder Creditors. Subject to Clause 9.8 β€Ž7.8 (Permitted Enforcementenforcement: Shareholder Creditors), none of the Shareholder Creditors shall be entitled to take any Enforcement Action in respect of any of the Shareholder Liabilities at any time prior to the Final Discharge Date.

Appears in 2 contracts

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

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Restriction on enforcement: Shareholder Creditors. Subject to Clause 9.8 10.8 (Permitted Enforcement: Shareholder Creditors), none of the Shareholder Creditors shall not be entitled to take any Enforcement Action in respect of any of the Subordinated Shareholder Liabilities at any time prior to the Final Discharge Date.

Appears in 1 contract

Samples: Intercreditor Agreement

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