Common use of Facilitation of Distressed Disposals and Appropriation Clause in Contracts

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, (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 Company and without any consent, sanction, authority or further confirmation from any Creditor, other Secured Party or DebtorDebtor or the Parent):

Facilitation of Distressed Disposals and Appropriation. If ‌ Subject to compliance with Clause 12.4 (Fair Value), 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, (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 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, (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 Debtors' Agent and without any consent, sanction, authority or further confirmation from any Creditor, other Secured Party Party, the Parent or any Debtor):