Facilitation of Distressed Disposals and Appropriation. If a Distressed Disposal or an Appropriation is being effected, (and following receipt by the Security Agent, in writing, of notice of the same from the Instructing Group in accordance with Clause 9.1 (Enforcement Instructions)), the Security Agent is irrevocably authorised (at the cost of the Parent and without any consent, sanction, authority or further confirmation from any Creditor, other Secured Party or Debtor):
Facilitation of Distressed Disposals and Appropriation. If a Distressed Disposal or an Appropriation is being effected the Collateral Agent is irrevocably authorised and is released from all restrictions at law that may lawfully be excluded (at the cost of the Parent and each Debtor and without any consent, sanction, authority or further confirmation from any Creditor, Intra-Group Lender, Security Provider or Debtor, Secured Party or Debtor):
Facilitation of Distressed Disposals and Appropriation. If a Distressed Disposal or an Appropriation is being effected, the Security Agent is irrevocably authorised (at the cost of the Borrower and without any consent, sanction, authority or further confirmation from any Creditor, other Secured Party or Debtor):
Facilitation of Distressed Disposals and Appropriation. Subject to Clause 20.3 (Proceeds of Distressed Disposals and Debt Disposals) Clause 20.4 (Fair Value), Clause 20.5 (Restriction on Enforcement: Priority Creditors) and Clause 20.8 (Common Security Agent’s Actions), if a Distressed Disposal or an Appropriation is being effected, each of the Common Security Agent and Independent Security Agent (acting on the instructions of the Common Security Agent) is irrevocably authorised (at the cost of the Parent (or, if the Parent so elects, the relevant Debtor or Security Grantor) and, in each case, without any consent, sanction, authority or further confirmation from any Creditor, any other Secured Party, any Debtor, any Intra-group Lender, any Unsecured Convertible Notes Creditor, any Subordinated Creditor or any Security Grantor):
Facilitation of Distressed Disposals and Appropriation. Without prejudice to Section 2.04 of the Intercreditor Agreement, if a Distressed Disposal or an Appropriation is being effected, the Authorized Representative are irrevocably authorized or at the direction of the Applicable Collateral Agent are irrevocably authorized (at the cost of the German Term Borrowers and without any consent, sanction, authority or further confirmation from any other Creditor or Grantor):
Facilitation of Distressed Disposals and Appropriation. Subject to Clause 12.2 (Proceeds of Distressed Disposals and Debt Disposals), Clause 12.3 (Fair Value), Clause 3.5 (
Facilitation of Distressed Disposals and Appropriation. Subject to Clause 4.3 (
Facilitation of Distressed Disposals and Appropriation. Subject to Clause 4 and without prejudice to Section 2.6, if a Distressed Disposal or an Appropriation is being effected, the First Lien Collateral Agent, the Second Lien Collateral Agent and/or the International Security Agent is irrevocably authorised (at the cost of the Issuer and without any consent, sanction, authority or further confirmation from any other Creditor or Obligor):
Facilitation of Distressed Disposals and Appropriation. If a Distressed Disposal or an Appropriation of an asset is being effected and (in the case of a Distressed Disposal falling within paragraph (c) of the definition of “Distressed Disposal”) the prior consent of the Majority Senior Creditors (or, if such Distressed Disposal relates to any asset subject to Transaction Security, the prior consent of the Instructing Group in respect of such Transaction Security) shall have been obtained in respect of such Distressed Disposal, the Security Agent is irrevocably authorised (at the cost of the applicable Debtor (that is the owner of or the grantor of Transaction Security over that asset) or the Borrower and without any consent, sanction, authority or further confirmation from any Creditor, other Secured Party or Debtor):
Facilitation of Distressed Disposals and Appropriation. If a Distressed Disposal or an Appropriation is being effected the Senior Security Agent (or, following the Senior Discharge Date, the Second Lien Security Agent) is irrevocably authorised (at the cost of the Borrower and without any consent, sanction, authority or further confirmation from any Creditor, other Secured Party or Debtor):
