Common use of Security Agent and Non-Cash Recoveries Clause in Contracts

Security Agent and Non-Cash Recoveries. To the extent the Security Agent receives or recovers any Non-Cash Recoveries, it may (acting on the instructions of the Instructing Group) but without prejudice to its ability to exercise discretion under Clause 16.2 (Prospective liabilities):

Security Agent and Non-Cash Recoveries. To the extent the Security Agent receives or recovers any Non-Cash Recoveries, it may (acting on the instructions of the Instructing Group) but without prejudice to its ability to exercise discretion under Clause 16.2 14.2 (Prospective liabilities)):

Security Agent and Non-Cash Recoveries. To the extent the Security Agent receives or recovers any Non-Cash Recoveries, it may (acting on the instructions of the Instructing Group) but without prejudice to its ability to exercise discretion under Clause 16.2 15.2 (Prospective liabilitiesLiabilities)):

Security Agent and Non-Cash Recoveries. To the extent the Security Agent receives or recovers any Non-Cash Recoveries, it may (acting on the instructions of the Majority Senior Creditors (or, in the case of any Non-Cash Recoveries relating to any Distressed Disposal of any asset that is subject to Transaction Security or enforcement of any Transaction Security, the Instructing GroupGroup in respect of such Transaction Security)) but without prejudice to its ability to exercise discretion under Clause 16.2 17.2 (Prospective liabilities):

Security Agent and Non-Cash Recoveries. To the extent the Security Agent receives or recovers any Non-Cash Recoveries, it may (acting on the instructions of the Instructing Group) Majority External Creditors but without prejudice to its ability to exercise discretion under Clause 16.2 (Prospective liabilities)):

Security Agent and Non-Cash Recoveries. To Subject to Clause 12.4 (Fair Value) to the extent the Security Agent receives or recovers any Non-Cash Recoveries, it may (acting on the instructions of the Instructing Group) but without prejudice to its ability to exercise discretion under Clause 16.2 (Prospective liabilities)):

Security Agent and Non-Cash Recoveries. To the extent the Security Agent receives or recovers any Non-Cash Recoveries, it may shall (acting on the instructions of the Instructing Group) but without prejudice to its ability to exercise discretion under Clause 16.2 15.2 (Prospective liabilities):

Security Agent and Non-Cash Recoveries. To the extent the Security Agent receives or recovers any Non-Cash Recoveries, it may (acting on the instructions of the Instructing Group) but without prejudice to its ability to exercise discretion under Clause 16.2 19.2 (Prospective liabilitiesLiabilities)):

Security Agent and Non-Cash Recoveries. To the extent the Security Agent receives or recovers any Non-Cash Recoveries, it may (acting on the instructions of the Instructing Group) but without prejudice to its ability to exercise discretion under Clause 16.2 (Prospective liabilities)):