Restrictions on enforcement Sample Clauses

Restrictions on enforcement. Unsecured Finance Parties Until the latest of the Senior Secured Discharge Date, the Second Lien Discharge Date and the High Yield Discharge Date, except with the prior Consent of or as required by an Instructing Group, no Unsecured Finance Party shall take or require the taking of any Enforcement Action in relation to an Unsecured Issuer (in the case of any Unsecured Issuer that is a member of the Group only), an Unsecured Borrower (in the case of an Unsecured Borrower that is a member of the Group only) and/or the Unsecured Guarantors, except as permitted under Clause 10.7 (Permitted Enforcement: Unsecured Finance Parties) provided, however, that no such action required by the relevant Agent (as applicable) need be taken except to the extent the relevant Agent is otherwise entitled under this Agreement to direct such action.
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Restrictions on enforcement. High Yield Finance Parties 129 Until the later of the Senior Secured Discharge Date and the Second Lien Discharge Date, except with the prior Consent of or as required by an Instructing Group, no High Yield Finance Party shall take or require the taking of any Enforcement Action in relation to a HY Issuer (in the case of any HY Issuer that is a member of the Group only), a HY Borrower (in the case of a HY Borrower that is a member of the Group only), the High Yield Guarantors and/or a Proceeds Loan, except as permitted under Clause 9.11 (Permitted Enforcement: High Yield Finance Parties) provided, however, that no such action required by the relevant Agent (as applicable) need be taken except to the extent the relevant Agent is otherwise entitled under this Agreement to direct such action.
Restrictions on enforcement. 4.1 Each of the Term Loan Creditors undertakes that prior to the ECF Discharge Date:
Restrictions on enforcement. Notwithstanding anything herein to the contrary, if (A) the enforcing Party’s intended position in any enforcement action with respect to an Adamas IP Infringement Claim or settlement thereof under Section 7.4(b) or 7.4(c), in either case, would be reasonably expected to have a material adverse effect on the non-enforcing Party’s interest in and rights to the Adamas Intellectual Property (including the licenses granted hereunder), or the Commercialization of the Products or in the case of [*], other products that [*] in the Field in the non-enforcing Party’s respective territory and (B) the non-enforcing Party notifies the enforcing Party of its objection to such enforcement position, the Parties shall meet and discuss the non-enforcing Party’s objection in good faith and use reasonable efforts to determine a mutually agreeable enforcement position, provided that if the Parties fail to agree and the non-enforcing Party maintains its objection, [*]. Notwithstanding the foregoing sentence, this Section 7.4(d) shall [*].
Restrictions on enforcement. Investors Subject to Clause 7.6 (Permitted enforcement: Investors):
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Restrictions on enforcement. (a) If any of the Class A Notes remain outstanding and are due and payable otherwise than by reason of a default in payment of any amount due on the Class A Notes, the Note Trustee must not vote under the Security Trust Deed to, or otherwise direct the Security Trustee to, dispose of the Mortgaged Property (as defined in the Security Trust Deed) unless either:
Restrictions on enforcement. (a) If any of the Offshore Notes remain outstanding and are due and payable otherwise than by reason of a default in payment of any amount due on any Offshore Notes, the Note Trustee must not vote under the Security Trust Deed to, or otherwise direct the Security Trustee to, enforce the Security Trust Deed or dispose of the Mortgaged Property unless either:
Restrictions on enforcement. No Hedge Counterparty shall take any Enforcement Actions in relation to a Hedging Agreement unless an Event of Default has occurred and is continuing and the Agent has served a notice in accordance with Clause 25.16 (Acceleration). Paragraph (a) does not apply to the exercise of any right to terminate or close out any hedging transaction under the Hedging Agreements before its stated maturity if: the relevant Borrower has not paid when due or within any applicable grace period an amount of any hedging liability; or an Event of Default pursuant to Clause 25.7 (Insolvency proceedings) has occurred and has not been remedied or waived within thirty (30) days of commencement.
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