Common use of Resignation and release of security on disposal Clause in Contracts

Resignation and release of security on disposal. Subject to the terms of the Intercreditor Agreement, if a Guarantor or any of its assets is or is proposed to be the subject of a Third Party Disposal, a Permitted Transaction or a Permitted Disposal (each, a "Relevant Disposal") then:

Appears in 2 contracts

Samples: Agreement (Groupe Eurotunnel SA), Agreement (Groupe Eurotunnel SA)

AutoNDA by SimpleDocs

Resignation and release of security on disposal. Subject Without prejudice to the terms provisions of the Intercreditor Agreement, if a Guarantor or any of its assets is or is proposed to be the subject of a Third Party Disposal, a Permitted Transaction Disposal or a Permitted Disposal (each, a "Relevant Disposal") Reorganisation then:

Appears in 1 contract

Samples: Amendment and Restatement Agreement (Manchester United PLC)

AutoNDA by SimpleDocs

Resignation and release of security on disposal. Subject (a) Without prejudice to the terms provisions of the Intercreditor Agreement, if a Borrower or Guarantor or any of its assets is or is proposed to be the subject of a Third Party Disposal, a Permitted Transaction Reorganisation or there is a Disposal of Charged Property (including pursuant to a Permitted Disposal (each, a "Relevant Disposal"Reorganisation) thenor that is otherwise permitted under the Intercreditor Agreement:

Appears in 1 contract

Samples: Intercreditor Agreement (Manchester United PLC)

Time is Money Join Law Insider Premium to draft better contracts faster.