Common use of Senior Parent Standstill Period Clause in Contracts

Senior Parent Standstill Period. In relation to a Relevant Senior Parent Default, a Senior Parent Standstill Period shall mean the period beginning on the date (the “Senior Parent Standstill Start Date”) the relevant Senior Parent Agent serves a Senior Parent Enforcement Notice on each of the Senior Agents in respect of such Relevant Senior Parent Default and ending on the earliest to occur of:

Appears in 2 contracts

Samples: Intercreditor Agreement (Paysafe LTD), Project Albion Intercreditor Agreement

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Senior Parent Standstill Period. In relation to a Relevant Senior Parent Default, a Senior Parent Standstill Period shall mean the period beginning on the date (the "Senior Parent Standstill Start Date") the relevant Senior Parent Agent serves a Senior Parent Enforcement Notice on each of the Senior Agents in respect of such Relevant Senior Parent Default and ending on the earliest to occur of:

Appears in 2 contracts

Samples: Intercreditor Agreement (Paysafe LTD), Intercreditor Agreement (Paysafe LTD)

Senior Parent Standstill Period. In relation to a Relevant Senior Parent Default, a Senior Parent Standstill Period shall mean the period beginning on the date (the “Senior Parent Standstill Start Date”) the relevant Senior Parent Agent serves a Senior Parent Enforcement Notice on each of the Revolving Agent and the Senior Agents in respect of such Relevant Senior Parent Default and ending on the earliest to occur of:

Appears in 1 contract

Samples: Intercreditor Agreement

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Senior Parent Standstill Period. In relation to a Relevant Senior Parent Default, a Senior Parent Standstill Period shall mean the period beginning on the date (the “Senior Parent Standstill Start Date”) the relevant Senior Parent Agent serves a Senior Parent Enforcement Notice on each of the Senior Agents and the Security Agent in respect of such Relevant Senior Parent Default and ending on the earliest to occur of:

Appears in 1 contract

Samples: Intercreditor Agreement

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