Conflicting Enforcement Instructions means instructions (or proposed instructions) as to enforcement of the Transaction Security or the taking of any Enforcement Action delivered to the Security Agent by a Representative that are inconsistent as to the manner of enforcement (including any inconsistency as to the timeframe for realising value from an Enforcement Action in respect of the Transaction Security or the Guarantees or a distressed disposal), it being understood that, for the purpose of triggering the consultation requirements under paragraph (b)(ii) under Section "Enforcement" only and not for any other purpose (including, without limitation, determining the Instructing Party), the failure to give instructions by either the Super Senior Representative or Senior Representative will be deemed to be an instruction inconsistent with any other instructions given.
Conflicting Enforcement Instructions means instructions (or proposed instructions) as to Enforcement delivered to the Security Agent by or on behalf of both the Majority Super Senior Creditors and the Majority Senior Secured Creditors that are inconsistent as to the manner of Enforcement (including any inconsistency as to the timeframe for realising value from an enforcement of Transaction Security or a Distressed Disposal), it being understood that, for the purposes of triggering the consultation requirements under paragraph (b) of Clause 13.4 (Enforcement Instructions — Consultation Periods) only and not for any other purpose (including, without limitation, determining the Instructing Group), the failure to give instructions by either the Majority Super Senior Creditors or the Majority Senior Secured Creditors (as applicable) will be deemed to be an instruction inconsistent with any other instructions given.
Conflicting Enforcement Instructions means instructions (or proposed instructions) as to enforcement of the Transaction Security or the Guarantees or the taking of any Enforcement Action delivered to the Security Agent by a Representative that are inconsistent as to the manner of enforcement (including any inconsistency as to the timeframe for realising value from an enforcement of the Transaction Security or the Guarantees or a Distressed Disposal), it being understood that, for the purpose of triggering the consultation requirements under Clause 12.2 (Consultation) only and not for any other purpose (including, without limitation, determining the Instructing Party), the failure to give instructions by either the Super Senior RCF Agent or the Senior Representative will be deemed to be an instruction inconsistent with any other instructions given.
Examples of Conflicting Enforcement Instructions in a sentence
If Conflicting Enforcement Instructions (as defined in the Intercreditor Agreement) are provided by the Agent or the agent under the Super Senior RCF, the Agent and the agent under the Super Senior RCF must enter into consultations for a period of maximum 30 calendar days as set out in the Intercreditor Agreement (unless such consultation is waived by the Agent and the facility agent under the Super Senior RCF).
If Conflicting Enforcement Instructions (as defined in the Intercreditor Agreement) are provided by the Representatives to the Security Agent, the Representatives must enter into consultations for a period of not less than thirty (30) calendar days as set out in the Intercreditor Agreement (unless such consultation is waived by the Representatives).
If Conflicting Enforcement Instructions (as defined in the Intercreditor Agreement) are provided by the Agent or the agent under a Super Senior RCF, the Agent and the agent under that Super Senior RCF must enter into consultations for a period of maximum thirty (30) calendar days as set out in the Intercreditor Agreement (unless such consultation is waived by the Agent and the agent under that Super Senior RCF).
If Conflicting Enforcement Instructions (as defined in the Intercreditor Agreement) are provided by the Agent or the agent under the Super Senior RCF the Agent and the agent under the Super Senior RCF must enter into consultations for a period of maximum thirty (30) calendar days as set out in the Intercreditor Agreement (unless such consultation is waived by the Agent and the agent under the Super Senior RCF).
If Conflicting Enforcement Instructions are provided by the Agent and the agent under the Super Senior RCF, the Agent and the agent under the Super Senior RCF must enter into consultations for a period of maximum 30 calendar days as set out in the Intercreditor Agreement (unless the Transaction Security or the Guarantees have become enforceable as a result of an Insolvency Event or such consultation is waived by the Agent and the agent under the Super Senior RCF).
More Definitions of Conflicting Enforcement Instructions
Conflicting Enforcement Instructions means instructions (or proposed instructions) as to enforcement of the Transaction Security or the taking of any Enforcement Action delivered to the Security Agent by a Representative that are inconsistent as to the manner of enforcement (including any inconsistency as to the timeframe for realising value from an Enforcement Action in respect of the Transaction Security or guarantees or a distressed disposal), it being understood that the failure to give instructions by a Representative will be deemed to be an instruction inconsistent with any other instructions given.
Conflicting Enforcement Instructions means instructions (or proposed instructions) as to enforcement of the Transaction Security or the taking of any Enforcement Action delivered to the Security Agent by a Representative that are inconsistent as to the manner of enforcement (including any inconsistency as to the timeframe for realising value from an Enforcement Action in respect of the Transaction Security or the Guarantees or a distressed disposal), it being understood that, for the purpose of triggering the consultation requirements under Clause 12.2(b) (Consultation) only and not for any other purpose (including, without limitation, determining the Instructing Party), the failure to give instructions by either the Super Senior Representative or the Senior Representative will be deemed to be an instruction inconsistent with any other instructions given. "Consultation Period" has the meaning ascribed to such term in Clause 12.2(b) (Consultation).
Conflicting Enforcement Instructions means instructions (or proposed instructions) as to enforcement of the Transaction Security or the taking of any Enforcement Action delivered to the Security Agent by a Representative that are inconsistent with any other instruction (or proposed instruction) given as to the manner of enforcement (including any inconsistency as to the timeframe for realising value from an Enforcement Action in respect of the Transaction Security or the Guarantees or a distressed disposal), it being understood that, for the purpose of triggering the consultation requirements under paragraph (b) of Clause 12.2 (Consultation) only and not for any other purpose (including, without limitation, determining the Instructing Party), the failure to give instructions by either the Super Senior Representative or the Senior Representative will be deemed to be an instruction inconsistent with any other instructions given.
Conflicting Enforcement Instructions means instructions (or proposed instructions) as to enforcement of the Transaction Security or the taking of any Enforcement Action delivered to the Security Agent by a Representative that are inconsistent with any other instruction (or proposed instruction) given as to the manner of enforcement (including any
Conflicting Enforcement Instructions means instructions (or proposed instructions) as to enforcement of the Transaction Security or the taking of any Enforcement Action delivered to the Security Agent by a Secured Debt Agent that are inconsistent as to the manner of enforcement (including any inconsistency as to the timeframe for realising value from an enforcement of the Transaction Security or the Guarantees or a distressed disposal), it being understood that, for the purpose of triggering the consultation requirements under Clause 11.2 (Enforcement and Consultation) only and not for any other purpose (including, without limitation, determining the Instructing Party), the failure to give instructions by either of the Secured Debt Agents will be deemed to be an instruction inconsistent with any other instructions given.
Conflicting Enforcement Instructions means instructions (or proposed instructions contained in any counterproposal) as to Enforcement delivered to the Security Trustee by or on behalf of the Majority Super Senior Creditors or the Majority Senior Secured Notes Creditors that are inconsistent as to the manner of Enforcement (including any inconsistency as to the timeframe for realising value from an enforcement of the Transaction Security or a Distressed Disposal) with the instructions (or proposed instructions) contained in any Enforcement Proposal delivered under Clause 13.4 (Enforcement Instructions – Consultation Periods), it being understood that the failure to give instructions by a Representative will not be deemed to be an instruction inconsistent with any other instructions given.
Conflicting Enforcement Instructions means instructions (or proposed instructions) as to Enforcement delivered to the Common Security Agent by or on behalf of both the Majority Super Senior Creditors and the Enforcing Pari Passu Creditors that are inconsistent as to the manner of Enforcement (including any inconsistency as to the timeframe for realising value from an enforcement of the Transaction Security or a Distressed Disposal), it being understood that, for the purposes of triggering the consultation requirements under paragraph (b) of Clause 17.10 (Consultation: Majority Super Senior Creditors) or establishing whether there have been Conflicting Enforcement Instructions at the end of the Senior Consultation Period for the purposes of paragraph (a)(ii)(B) of the definition of Instructing Group only and not for any other purpose, the failure to give instructions by either the Majority Super Senior Creditors or the Enforcing Pari Passu Creditors (as applicable) will be deemed to be an instruction inconsistent with any other instructions given.