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 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 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 (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)):