Common use of Ancillary Facilities Clause in Contracts

Ancillary Facilities. On the occurrence of an Event of Default and whilst the same is continuing, an Ancillary Lender may (but prior to notice being served under Clause 23.2 (Cancellation and Repayment) only if so instructed by the Agent on the instructions of the Majority Lenders) and shall if so instructed by the Majority Lenders:

Appears in 2 contracts

Samples: Facilities Agreement (United Biscuits Finance PLC), Facilities Agreement (United Biscuits Finance PLC)

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Ancillary Facilities. On the occurrence of an Event of Default and whilst the same is continuing, an Ancillary Lender may (but prior to notice being served under Clause 23.2 23.21 (Cancellation and Repayment) only if so instructed by the Facility Agent on the 153 instructions of the Majority Lenders) and shall if so instructed by the Majority Lenders:

Appears in 1 contract

Samples: Senior Facilities Agreement (Elster Group SE)

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Ancillary Facilities. On the occurrence of an Event of Default and whilst the same is continuing, an Ancillary Lender may (but prior to notice being served under Clause 23.2 23.21 (Cancellation and Repayment) only if so instructed by the Facility Agent on the instructions of the Majority Lenders) and shall if so instructed by the Majority Lenders:

Appears in 1 contract

Samples: Senior Facilities Agreement (Elster Group SE)

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