Common use of Instructions to Security Agent and exercise of discretion Clause in Contracts

Instructions to Security Agent and exercise of discretion. (a) Subject to paragraphs (e) and (f) below, the Security Agent shall act in accordance with any instructions given to it by an Instructing Group or, if so instructed by an Instructing Group, refrain from exercising any right, power, authority or discretion vested in it as Security Agent or as holder of a Security Agent Claim and shall be entitled to assume that (i) any instructions received by it from an Agent, the Creditors or a group of Creditors are duly given in accordance with the terms of the Debt Documents and (ii) unless it has received actual notice of revocation, that those instructions or directions have not been revoked.

Instructions to Security Agent and exercise of discretion. (a) Subject to paragraphs (ed) and (fe) below, the Security Agent shall act in accordance with any instructions given to it by an Instructing Group the Enforcing Senior Creditors and/or the Majority Senior Creditors (as the case may be) or, if so instructed by an Instructing Groupthe Enforcing Senior Creditors and/or the Majority Senior Creditors (as the case may be), refrain from exercising any right, power, authority or discretion vested in it as Security Agent or as holder of a Security Agent Claim and shall be entitled to assume that (i) any instructions received by it from an Agentthe Agents, the Creditors or a group of Creditors are duly given in accordance with the terms of the Debt Documents and (ii) unless it has received actual notice of revocation, that those instructions or directions have not been revoked.

Instructions to Security Agent and exercise of discretion. (a) Subject to paragraphs (ed) and (fe) below, the Security Agent shall act in accordance with any instructions directions given to it by an Instructing Group the Majority Primary Creditors or, if so instructed directed by an Instructing Groupthe Majority Primary Creditors, refrain from exercising any right, power, authority or discretion vested in it as Security Agent or as holder of a Security Agent Claim and shall be entitled to assume that (i) any instructions directions received by it from an Agent, the Creditors or a group of Creditors are duly given in accordance with the terms of the Debt Documents Documents; and (ii) unless it has received actual notice of revocation, that those instructions or directions have not been revoked.

Instructions to Security Agent and exercise of discretion. (a) Subject to paragraphs (ed) and (fe) below, the Security Agent shall act in accordance with any instructions given to it by an Instructing Group or, if so instructed by an Instructing Group, refrain from exercising any right, power, authority or discretion vested in it as Security Agent or as a holder of a Security Agent Claim and shall be entitled to assume that (i) any instructions received by it from an Agent, the Creditors or a group of Creditors are duly given in accordance with the terms of the Debt Documents and (ii) unless it has received actual notice of revocation, that those instructions or directions have not been revoked.

Instructions to Security Agent and exercise of discretion. (a) Subject to paragraphs paragraph (ed) and (fe) below, the Security Agent shall act in accordance with any instructions given to it by an the relevant Instructing Group or, if so instructed by an the relevant Instructing Group, shall refrain from exercising any right, power, authority or discretion vested in it as Security Agent or as holder of a Security Agent Claim and shall be entitled to assume that (i) any instructions received by it from an Agenta Representative, the Creditors or a group of Creditors are duly given in accordance with the terms of the Debt Documents and (ii) unless it has received actual notice of revocation, that those instructions or directions have not been revoked.