Restrictions on enforcement by the Shareholder Creditors. (a) Until the Final Discharge Date, the Shareholder Creditors shall not, except with the prior written consent of the Security Agent, take any Enforcement Action in relation to any Shareholder Debt.
(b) If required by the Security Agent to take Enforcement Action, the Shareholder Creditors will promptly take the relevant Enforcement Action and apply any proceeds from that Enforcement Action in accordance with Clause 7 (Turnover of Non-Permitted Payments).
Restrictions on enforcement by the Shareholder Creditors. (a) The Shareholder Creditors shall not, except (i) with the prior written consent of the Security Agent or (ii) as expressly permitted under the Investment Agreement or the Holdco Articles, take any Enforcement Action in relation to any Shareholder Debt.
(b) If required by the Security Agent to take Enforcement Action, the Shareholder Creditors will promptly take the relevant Enforcement Action and apply any proceeds from that Enforcement Action in accordance with Clause 7 (Turnover of Non-Permitted Payments).
(c) The provisions of this Clause 5.3 shall survive the termination of this Agreement.
Restrictions on enforcement by the Shareholder Creditors. Until the Final Discharge Date, no Shareholder Creditor shall, except with the prior written consent of or as required by the Security Agent, take any Enforcement Action in relation to any Shareholder Debt.
