Common use of Security Agent’s Actions Clause in Contracts

Security Agent’s Actions. For the purposes of Clause 14.1 (Facilitation of Distressed Disposals) and Clause 14.3 (Fair Value) the Security Agent shall act on the instructions of the Instructing Group.

Appears in 2 contracts

Samples: Intercreditor Agreement (NAC Aviation Colorado 1 LLC), Intercreditor Agreement (NAC Aviation 29 Designated Activity Co)

AutoNDA by SimpleDocs

Security Agent’s Actions. For the purposes of Clause 14.1 (Facilitation of Distressed Disposals) and Clause 14.3 (Fair Value) the Security Agent shall act act: (a) on the instructions of the Instructing Group; or (b) in the absence of any such instructions as the Security Agent sees fit.

Appears in 1 contract

Samples: Intercreditor Agreement (Tidewater Inc)

Security Agent’s Actions. For the purposes of Clause 14.1 13.1 (Facilitation of Distressed Disposals), Clause 13.3 (Fair value) and Clause 14.3 13.5 (Fair ValueNon-Cash Consideration) the Security Agent shall act on the instructions of the Instructing Group.

Appears in 1 contract

Samples: Intercreditor Agreement (Global Ship Lease, Inc.)

Security Agent’s Actions. For the purposes of Clause 14.1 15.1 (Facilitation of Distressed Disposals) and Clause 14.3 15.3 (Fair Value) the Security Agent shall act act: (a) on the instructions of the an Instructing Group; or (b) in the absence of any such instructions as the Security Agent sees fit.

Appears in 1 contract

Samples: Intercreditor Agreement

Security Agent’s Actions. For the purposes of Clause 14.1 12.1 (Facilitation of Distressed Disposals), Clause 12.3 (Fair value) and Clause 14.3 12.5 (Fair ValueNon-Cash Consideration) the Security Agent shall act on the instructions of the Instructing Group.

Appears in 1 contract

Samples: Intercreditor Agreement (Global Ship Lease, Inc.)

AutoNDA by SimpleDocs

Security Agent’s Actions. For the purposes of Clause 14.1 (Facilitation of Distressed Disposals) and Clause 14.3 (Fair Value) the Security Agent shall act act: a) on the instructions of the Instructing Group; or b) in the absence of any such instructions as the Security Agent sees fit.

Appears in 1 contract

Samples: Intercreditor Agreement

Security Agent’s Actions. For the purposes of Clause 14.1 15.1 (Facilitation of Distressed Disposals) and Clause 14.3 (Fair Value) ), the Security Agent shall act act: (a) on the instructions of the Instructing Group; or (b) in the absence of any such instructions as the Security Agent sees fit.

Appears in 1 contract

Samples: Intercreditor Agreement (Ferroglobe PLC)

Draft better contracts in just 5 minutes Get the weekly Law Insider newsletter packed with expert videos, webinars, ebooks, and more!