Common use of Reversal of redistribution Clause in Contracts

Reversal of redistribution. (a) If any part of the Shared Amount received or recovered by a Recovering Creditor becomes repayable to a Debtor (or, if applicable, a Security Provider) and is repaid by that Recovering Creditor to that Debtor (or, as the case may be, Security Provider), then: (i) each Sharing Creditor (other than the Security Agent) shall, upon request of the Security Agent, pay to the Security Agent for the account of that Recovering Creditor an amount equal to the appropriate part of its share of the Shared Amount (together with an amount as is necessary to reimburse that Recovering Creditor for its proportion of any interest on the Shared Amount which that Recovering Creditor is required to pay) (the “Redistributed Amount”); and (ii) as between the relevant Debtor (or, as the case may be, Security Provider) and each relevant Sharing Creditor, an amount equal to the relevant Redistributed Amount will be treated as not having been paid by that Debtor (or, as the case may be, Security Provider). (b) The Security Agent shall not be obliged to pay any Redistributed Amount to a Recovering Creditor under paragraph (a)(i) above until it has been able to establish to its reasonable satisfaction that it has actually received that Redistributed Amount from the relevant Sharing Creditor.

Reversal of redistribution. (a) If any part of the Shared Amount received or recovered by a Recovering Creditor becomes repayable or returnable to a Debtor (or, if applicable, a Security Provider) and is repaid or returned by that Recovering Creditor to that Debtor (or, as the case may be, Security Provider)Debtor, then: (i) each Party that received any part of that Shared Amount pursuant to an application by the Collateral Agent of that Shared Amount under Clause 6.1 (Recovering Creditor’s rights) (a “Sharing Creditor (other than the Security AgentParty”) shall, upon request of the Security Collateral Agent, pay or distribute to the Security Collateral Agent for the account of that Recovering Creditor an amount equal to the appropriate part of its share of the Shared Amount (together with an amount as is necessary to reimburse that Recovering Creditor for its proportion of any interest on the Shared Amount which that Recovering Creditor is required to pay) (the “Redistributed Amount”); and (ii) as between the relevant Debtor (or, as the case may be, Security Provider) and each relevant Sharing CreditorParty, an amount equal to the relevant Redistributed Amount will be treated as not having been paid or distributed by that Debtor (or, as the case may be, Security Provider)Debtor. (b) The Security Collateral Agent shall not be obliged to pay or distribute any Redistributed Amount to a Recovering Creditor under paragraph (a)(i) above until it has been able to establish to its reasonable satisfaction that it has actually received that Redistributed Amount from the relevant Sharing CreditorParty.

Reversal of redistribution. (a) If any part of the Shared Amount received or recovered by a Recovering Creditor becomes repayable to a Debtor (or, if applicable, a Security Provider) and is repaid by that Recovering Creditor to that Debtor (or, as the case may be, Security Provider)Debtor, then: (i) each Sharing Creditor shall (other than subject in the Security Agentcase of Senior Secured Notes Trustee Amounts to paragraphs (a) shalland (c) of Clause ‎25.1 (Liability)), upon request of the Security Agent, pay to the Security Agent for the account of that Recovering Creditor an amount equal to the appropriate part of its share of the Shared Amount (together with an amount as is necessary to reimburse that Recovering Creditor for its proportion of any interest on the Shared Amount which that Recovering Creditor is required to pay) (the “Redistributed Amount”); and (ii) as between the relevant Debtor (or, as the case may be, Security Provider) and each relevant Sharing Creditor, an amount equal to the relevant Redistributed Amount will be treated as not having been paid by that Debtor (or, as the case may be, Security Provider)Debtor. (b) The Security Agent shall not be obliged to pay any Redistributed Amount to a Recovering Creditor under paragraph (a)(i‎(a)‎(i) above until it has been able to establish to its reasonable satisfaction that it has actually received that Redistributed Amount from the relevant Sharing Creditor.

Reversal of redistribution. (a) If any part of the Shared Amount received or recovered by a Recovering Creditor becomes repayable to a Debtor (or, if applicable, a Security Provider) and is repaid by that Recovering Creditor to that Debtor (or, as the case may be, Security Provider)Debtor, then: (i) each Sharing Creditor and, in the case of any Senior Secured Notes Trustee, subject to Clause 20.5 (other than the Security AgentTurnover obligations) shall, upon request of the Security Agent, pay to the Security Agent for the account of that Recovering Creditor an amount equal to the appropriate part of its share of the Shared Amount received by it (together with an amount as is necessary to reimburse that Recovering Creditor for its proportion of any interest on the Shared Amount which that Recovering Creditor is required to pay) (the “Redistributed Amount”); and (ii) as between the relevant Debtor (or, as the case may be, Security Provider) and each relevant Sharing Creditor, an amount equal to the relevant Redistributed Amount will be treated as not having been paid by that Debtor (or, as the case may be, Security Provider)Debtor. (b) The Security Agent shall not be obliged to pay any Redistributed Amount to a Recovering Creditor under paragraph (a)(i) above until it has been able to establish to its reasonable satisfaction that it has actually received that Redistributed Amount from the relevant Sharing Creditor.

Reversal of redistribution. (a) If any part of the Shared Amount received or recovered by a Recovering Creditor becomes repayable or returnable to a Debtor (or, if applicable, a Security Provider) and is repaid or returned by that Recovering Creditor to that Debtor (or, as the case may be, Security Provider)Debtor, then: (i) each Sharing Creditor (other than Party that received any part of that Shared Amount pursuant to an application by the Security AgentAgent of that Shared Amount under Clause 8.1 (Recovering Creditor’s rights) (a “Sharing Party”) shall, upon request of the Security Agent, pay or distribute to the Security Agent for the account of that Recovering Creditor an amount equal to the appropriate part of its share of the Shared Amount (together with an amount as is necessary to reimburse that Recovering Creditor for its proportion of any interest on the Shared Amount which that Recovering Creditor is required to pay) (the “Redistributed Amount”); and (ii) as between the relevant Debtor (or, as the case may be, Security Provider) and each relevant Sharing CreditorParty, an amount equal to the relevant Redistributed Amount will be treated as not having been paid or distributed by that Debtor (or, as the case may be, Security Provider)Debtor. (b) The Security Agent shall not be obliged to pay or distribute any Redistributed Amount to a Recovering Creditor under paragraph (a)(i8.2(a)(i) above until it has been able to establish to its reasonable satisfaction that it has actually received that Redistributed Amount from the relevant Sharing CreditorParty.

Reversal of redistribution. (a) If any part of the Shared Amount received or recovered by a Recovering Creditor becomes repayable to a Debtor (or, if applicable, a Security Provider) and is repaid by that Recovering Creditor to that Debtor (or, as the case may be, Security Provider)Debtor, then: (i) each Sharing Creditor (other than the Security Agent) shall, upon request of the Security Agent, pay to the Security Agent for the account of that Recovering Creditor an amount equal to the appropriate part of its share of the Shared Amount received by it (together with an amount as is necessary to reimburse that Recovering Creditor for its proportion of any interest on the Shared Amount which that Recovering Creditor is required to pay) (the “Redistributed Amount”); and (ii) as between the relevant Debtor (or, as the case may be, Security Provider) and each relevant Sharing Creditor, an amount equal to the relevant Redistributed Amount will be treated as not having been paid by that Debtor (or, as the case may be, Security Provider)Debtor. (b) The Security Agent shall not be obliged to pay any Redistributed Amount to a Recovering Creditor under paragraph (a)(i) above until it has been able to establish to its reasonable satisfaction that it has actually received that Redistributed Amount from the relevant Sharing Creditor.

Reversal of redistribution. (aA) If any part of the Shared Amount received or recovered by a Recovering Creditor becomes repayable to a Debtor (or, if applicable, a Security Provider) an Obligor and is repaid by that Recovering Creditor to that Debtor (or, as the case may be, Security Provider)Obligor, then: (i) each Sharing Creditor (other than the Security Agent) shall, upon request of the Security Agent, pay to the Security Agent for the account of that Recovering Creditor an amount equal to the appropriate part of its share of the Shared Amount (together with an amount as is necessary to reimburse that Recovering Creditor for its proportion of any interest on the Shared Amount which that Recovering Creditor is required to pay) (the “Redistributed Amount”); and (ii) as between the relevant Debtor (or, as the case may be, Security Provider) Obligor and each relevant Sharing Creditor, an amount equal to the relevant Redistributed Amount will be treated as not having been paid by that Debtor (or, as the case may be, Security Provider)Obligor. (bB) The Security Agent shall not be obliged to pay any Redistributed Amount to a Recovering Creditor under paragraph (a)(iA)(i) above until it has been able to establish to its reasonable satisfaction that it has actually received that Redistributed Amount from the relevant Sharing Creditor.

Reversal of redistribution. (a) If any part of the Shared Amount received or recovered by a Recovering Creditor becomes repayable or returnable to a Debtor (or, if applicable, a Security Provider) and is repaid or returned by that Recovering Creditor to that Debtor (or, as the case may be, Security Provider)Debtor, then: (i) each Sharing Creditor shall (other than the Security Agent) shallsubject to Clause 19 (Pari Passu Note Trustee Protections)), upon request of the Security Agent, pay or distribute to the Security Agent for the account of that Recovering Creditor an amount equal to the appropriate part of its share of the Shared Amount (together with an amount as is necessary to reimburse that Recovering Creditor for its proportion of any interest on the Shared Amount which that Recovering Creditor is required to pay) (the “Redistributed Amount”); and (ii) as between the relevant Debtor (or, as the case may be, Security Provider) and each relevant Sharing Creditor, an amount equal to the relevant Redistributed Amount will be treated as not having been paid or distributed by that Debtor (or, as the case may be, Security Provider)Debtor. (b) The Security Agent shall not be obliged to pay or distribute any Redistributed Amount to a Recovering Creditor under paragraph (a)(i) above until it has been able to establish to its reasonable satisfaction that it has actually received that Redistributed Amount from the relevant Sharing Creditor.

Reversal of redistribution. (a) If any part of the Shared Amount received or recovered by a Recovering Creditor becomes repayable or returnable to a Debtor (or, if applicable, a Security Provider) and is repaid or returned by that Recovering Creditor to that Debtor (or, as the case may be, Security Provider)Debtor, then: (i) each Party that received any part of that Shared Amount pursuant to an application by the Common Security Agent of that Shared Amount under Clause 16.1 (Recovering Creditor’s Rights) (a “Sharing Creditor Party”) shall (other than the Security Agent) shallsubject to Clause 27 (Notes Trustee Protections)), upon request of the Common Security Agent, pay or distribute to the Common Security Agent for the account of that Recovering Creditor an amount equal to the appropriate part of its share of the Shared Amount (together with an amount as is necessary to reimburse that Recovering Creditor for its proportion of any interest on the Shared Amount which that Recovering Creditor is required to pay) (the “Redistributed Amount”); and (ii) as between the relevant Debtor (or, as the case may be, Security Provider) and each relevant Sharing CreditorParty, an amount equal to the relevant Redistributed Amount will be treated as not having been paid or distributed by that Debtor (or, as the case may be, Security Provider)Debtor. (b) The Common Security Agent shall not be obliged to pay or distribute any Redistributed Amount to a Recovering Creditor under paragraph (a)(i) above until it has been able to establish to its reasonable satisfaction that it has actually received that Redistributed Amount from the relevant Sharing CreditorParty.

Reversal of redistribution. (a) If any part of the Shared Amount received or recovered by a Recovering Creditor becomes repayable or returnable to a Debtor (or, if applicable, a Security Provider) and is repaid or returned by that Recovering Creditor to that Debtor (or, as or the case may be, Security Provider)Parent, then: (i) each Sharing Creditor (other than Party that received any part of that Shared Amount pursuant to an application by the Security AgentAgent of that Shared Amount under Clause 9.1 (Recovering Creditor’s rights) (a “Sharing Party”) shall, upon request of the Security Agent, pay or distribute to the Security Agent for the account of that Recovering Creditor an amount equal to the appropriate part of its share of the Shared Amount (together with an amount as is necessary to reimburse that Recovering Creditor for its proportion of any interest on the Shared Amount which that Recovering Creditor is required to pay) (the “Redistributed Amount”); and (ii) as between the relevant Debtor (or, as or the case may be, Security Provider) Parent and each relevant Sharing CreditorParty, an amount equal to the relevant Redistributed Amount will be treated as not having been paid or distributed by that Debtor (or, as or the case may be, Security Provider)Parent. (b) The Security Agent shall not be obliged to pay or distribute any Redistributed Amount to a Recovering Creditor under paragraph (a)(i) above until it has been able to establish to its reasonable satisfaction that it has actually received that Redistributed Amount from the relevant Sharing CreditorParty.

Reversal of redistribution. (a) If any part of the Shared Amount received or recovered by a Recovering Creditor becomes repayable or returnable to a Debtor (or, if applicable, a Security Provider) and is repaid or returned by that Recovering Creditor to that Debtor (or, as the case may be, Security Provider)Debtor, then: (i) each Sharing Creditor (other than the Security Agent) shall, upon request of the Security Agent, pay or distribute to the Security Agent for the account of that Recovering Creditor an amount equal to the appropriate part of its share of the Shared Amount (together with an amount as is necessary to reimburse that Recovering Creditor for its proportion of any interest on the Shared Amount which that Recovering Creditor is required to pay) (the “Redistributed Amount”); andand‌ (ii) as between the relevant Debtor (or, as the case may be, Security Provider) and each relevant Sharing Creditor, an amount equal to the relevant Redistributed Amount will be treated as not having been paid or distributed by that Debtor (or, as the case may be, Security Provider)Debtor. (b) The Security Agent shall not be obliged to pay or distribute any Redistributed Amount to a Recovering Creditor under paragraph (a)(i) above until it has been able to establish to its reasonable satisfaction that it has actually received that Redistributed Amount from the relevant Sharing Creditor.

Reversal of redistribution. (a) If any part of the Shared Amount received or recovered by a Recovering Creditor becomes repayable to a Debtor (or, if applicable, a Security Provider) and is repaid by that Recovering Creditor to that Debtor (or, as the case may be, Security Provider)Debtor, then: (i) each Sharing Creditor (other than the Security Agent) shall, upon request of the Security Agent, pay to the Security Agent for the account of that Recovering Creditor an amount equal to the appropriate part of its share of the Shared Amount (together with an amount as is necessary to reimburse that Recovering Creditor for its proportion of any interest on the Shared Amount which that Recovering Creditor is required to pay) (the “Redistributed Amount”); and (ii) as between the relevant Debtor (orDebtor, as the case may be, Security Provider) each Recovering Creditor and each relevant Sharing Creditor, an amount equal to the relevant Redistributed Amount will be treated as not having been paid by that Debtor (or, as the case may be, Security Provider)Debtor. (b) The Security Agent shall not be obliged to pay any Redistributed Amount to a Recovering Creditor under paragraph (a)(i) above until it has been able to establish to its reasonable satisfaction that it has actually received that Redistributed Amount from the relevant Sharing Creditor.

Reversal of redistribution. (a) If any part of the Shared Amount received or recovered by a Recovering Creditor becomes repayable or returnable to a Debtor (or, if applicable, a Security Provider) and is repaid or returned by that Recovering Creditor to that Debtor (or, as the case may be, Security Provider)Debtor, then: (i) each Sharing Creditor (other than the Security Agent) shall, upon request of the Security Agent, pay or distribute to the Security Agent for the account of that Recovering Creditor an amount equal to the appropriate part of its share of the Shared Amount (together with an amount as is necessary to reimburse that Recovering Creditor for its proportion of any interest on the Shared Amount which that Recovering Creditor is required to pay) (the “Redistributed Amount”); and (ii) as between the relevant Debtor (or, as the case may be, Security Provider) and each relevant Sharing Creditor, an amount equal to the relevant Redistributed Amount will be treated as not having been paid or distributed by that Debtor (or, as the case may be, Security Provider)Debtor. (b) The Security Agent shall not be obliged to pay or distribute any Redistributed Amount to a Recovering Creditor under paragraph (a)(i) above until it has been able to establish to its reasonable satisfaction that it has actually received that Redistributed Amount from the relevant Sharing Creditor.

Reversal of redistribution. (a) If any part of the Shared Amount received or recovered by a Recovering Creditor becomes repayable or returnable to a Debtor (or, if applicable, a Security Provider) and is repaid or returned by that Recovering Creditor to that Debtor (or, as the case may be, Security Provider)Debtor, then: (i) each Party that received any part of that Shared Amount pursuant to an application by the Common Security Agent of that Shared Amount under Clause 9.1 (Recovering Creditor’s Rights) (a “Sharing Creditor Party”) shall (other than the Security Agent) shallsubject to Clause 18 (Notes Trustee Protections)), upon request of the Common Security Agent, pay or distribute to the Common Security Agent for the account of that Recovering Creditor an amount equal to the appropriate part of its share of the Shared Amount (together with an amount as is necessary to reimburse that Recovering Creditor for its proportion of any interest on the Shared Amount which that Recovering Creditor is required to pay) (the “Redistributed Amount”); and (ii) as between the relevant Debtor (or, as the case may be, Security Provider) and each relevant Sharing CreditorParty, an amount equal to the relevant Redistributed Amount will be treated as not having been paid or distributed by that Debtor (or, as the case may be, Security Provider)Debtor. (b) The Common Security Agent shall not be obliged to pay or distribute any Redistributed Amount to a Recovering Creditor under paragraph (a)(i) above until it has been able to establish to its reasonable satisfaction that it has actually received that Redistributed Amount from the relevant Sharing CreditorParty.

Reversal of redistribution. (a) If any part of the Shared Amount received or recovered by a Recovering Creditor becomes repayable or returnable to a Debtor (or, if applicable, a Security Provider) and is repaid or returned by that Recovering Creditor to that Debtor (or, as the case may be, Security Provider)Debtor, then: (i) each Sharing Creditor (other than Party that received any part of that Shared Amount pursuant to an application by the Security AgentAgent of that Shared Amount under Clause 11.1 (Recovering Creditor's rights) (a "Sharing Party") shall, upon request of the Security Agent, pay or distribute to the Security Agent for the account of that Recovering Creditor an amount equal to the appropriate part of its share of the Shared Amount (together with an amount as is necessary to reimburse that Recovering Creditor for its proportion of any interest on the Shared Amount which that Recovering Creditor is required to pay) (the “"Redistributed Amount”"); and (ii) as between the relevant Debtor (or, as the case may be, Security Provider) and each relevant Sharing CreditorParty, an amount equal to the relevant Redistributed Amount will be treated as not having been paid or distributed by that Debtor (or, as the case may be, Security Provider)Debtor. (b) The Security Agent shall not be obliged to pay or distribute any Redistributed Amount to a Recovering Creditor under paragraph (a)(i) above until it has been able to establish to its reasonable satisfaction that it has actually received that Redistributed Amount from the relevant Sharing CreditorParty.

Reversal of redistribution. (a) If any part of the Shared Amount received or recovered by a Recovering Creditor becomes repayable or returnable to a Debtor (or, if applicable, a Security Provider) and is repaid or returned by that Recovering Creditor to that Debtor (or, as the case may be, Security Provider)Debtor, then: (i) each Sharing Creditor shall (other than the Security Agentsubject to Clause 19 (Senior Secured Note Trustee Protections) shalland Clause 20 (Second Lien Note Trustee Protections)), upon request of the Security Agent, pay or distribute to the Security Agent for the account of that Recovering Creditor an amount equal to the appropriate part of its share of the Shared Amount (together with an amount as is necessary to reimburse that Recovering Creditor for its proportion of any interest on the Shared Amount which that Recovering Creditor is required to pay) (the “Redistributed Amount”); and (ii) as between the relevant Debtor (or, as the case may be, Security Provider) and each relevant Sharing Creditor, an amount equal to the relevant Redistributed Amount will be treated as not having been paid or distributed by that Debtor (or, as the case may be, Security Provider)Debtor. (b) The Security Agent shall not be obliged to pay or distribute any Redistributed Amount to a Recovering Creditor under paragraph (a)(i) above until it has been able to establish to its reasonable satisfaction that it has actually received that Redistributed Amount from the relevant Sharing Creditor.

Reversal of redistribution. (a) If any part of the Shared Amount received or recovered by a Recovering Creditor becomes repayable or returnable to a Debtor (or, if applicable, a Security Provider) and is repaid or returned by that Recovering Creditor to that Debtor (or, as the case may be, Security Provider)Debtor, then: (i) each Sharing Creditor (other than Party that received any part of that Shared Amount pursuant to an application by the Security AgentAgent of that Shared Amount under clause 6.1 (Recovering Creditor’s rights) (a “Sharing Party”) shall, upon request of the Security Agent, pay or distribute to the Security Agent for the account of that Recovering Creditor an amount equal to the appropriate part of its share of the Shared Amount (together with an amount as is necessary to reimburse that Recovering Creditor for its proportion of any interest on the Shared Amount which that Recovering Creditor is required to pay) (the “Redistributed Amount”); and (ii) as between the relevant Debtor (or, as the case may be, Security Provider) and each relevant Sharing CreditorParty, an amount equal to the relevant Redistributed Amount will be treated as not having been paid or distributed by that Debtor (or, as the case may be, Security Provider)Debtor. (b) The Security Agent shall not be obliged to pay or distribute any Redistributed Amount to a Recovering Creditor under paragraph (a)(i) above until it has been able to establish to its reasonable satisfaction that it has actually received that Redistributed Amount from the relevant Sharing CreditorParty.

Reversal of redistribution. (a) If any part of the Shared Amount received or recovered by a Recovering Creditor becomes repayable or returnable to a Debtor (or, if applicable, a Security Provider) and is repaid or returned by that Recovering Creditor to that Debtor (or, as the case may be, Security Provider)Debtor, then: (i) each Sharing Creditor (other than Party that received any part of that Shared Amount pursuant to an application by the Security AgentAgent of that Shared Amount under Clause 11.1 (Recovering Creditor's rights) (a "Sharing Party") shall, upon request of the Security Agent, pay or distribute to the Security Agent for the account of that Recovering Creditor an amount equal to the appropriate part of its share of the Shared Amount (together with an amount as is necessary to reimburse that Recovering Creditor for its proportion of any interest on the Shared Amount which that Recovering Creditor is required to pay) (the “"Redistributed Amount”"); and (ii) as between the relevant Debtor (or, as the case may be, Security Provider) and each relevant Sharing CreditorParty, an amount equal to the relevant Redistributed Amount will be treated as not having been paid or distributed by that Debtor (or, as the case may be, Security Provider)Debtor. (b) The Security Agent shall not be obliged to pay or distribute any Redistributed Amount to a Recovering Creditor under paragraph (a)(i) above until it has been able to establish to its reasonable satisfaction that it has actually received that Redistributed Amount from the relevant Sharing CreditorParty.

Reversal of redistribution. (a) If any part of the Shared Amount received or recovered by a Recovering Creditor becomes repayable to a Debtor (or, if applicable, a Security Provider) and is repaid by that Recovering Creditor to that Debtor (or, as the case may be, Security Provider)Debtor, then: (i) each Sharing Creditor shall (other than subject in the Security Agentcase of Senior Secured Notes Trustee Amounts to paragraphs (a) shalland (c) of Clause 26.1 (Liability)), upon request of the Security Agent, pay to the Security Agent for the account of that Recovering Creditor an amount equal to the appropriate part of its share of the Shared Amount (together with an amount as is necessary to reimburse that Recovering Creditor for its proportion of any interest on the Shared Amount which that Recovering Creditor is required to pay) (the “Redistributed Amount”); and (ii) as between the relevant Debtor (or, as the case may be, Security Provider) and each relevant Sharing Creditor, an amount equal to the relevant Redistributed Amount will be treated as not having been paid by that Debtor (or, as the case may be, Security Provider)Debtor. (b) The Security Agent shall not be obliged to pay any Redistributed Amount to a Recovering Creditor under paragraph (a)(i) above until it has been able to establish to its reasonable satisfaction that it has actually received that Redistributed Amount from the relevant Sharing Creditor.