Security Agent instructions. For the purposes of Clause 9.1 (Distributions), Clause 9.4 (Filing of claims) and Clause 9.5 (Further assurance – Insolvency Event) the Security Agent shall act on the instructions of the Instructing Group.
Appears in 2 contracts
Sources: Intercreditor Agreement (NAC Aviation Colorado 1 LLC), Intercreditor Agreement (NAC Aviation 29 Designated Activity Co)
Security Agent instructions. For the purposes of Clause 9.1 10.2 (Distributions), Clause 9.4 10.5 (Filing of claims) and Clause 9.5 10.6 (Further assurance – Insolvency Event) the Security Agent shall act act:
(a) on the instructions of the an Instructing Group; or
(b) in the absence of any such instructions, as the Security Agent sees fit.
Appears in 1 contract
Sources: Intercreditor Agreement
Security Agent instructions. For the purposes of Clause 9.1 (Distributions), ) and Clause 9.4 (Filing of claims) and Clause 9.5 (Further assurance – Insolvency Event) the Security Agent shall act act:
(a) on the instructions of the Instructing Group; or
(b) in the absence of any such instructions, as the Security Agent sees fit.
Appears in 1 contract
Security Agent instructions. For the purposes of Clause 9.1 9.2 (Distributions), ) and Clause 9.4 9.5 (Filing of claims) and Clause 9.5 (Further assurance – Insolvency Event) the Security Agent shall act act:
a) on the instructions of the Instructing Group; or
b) in the absence of any such instructions, as the Security Agent sees fit.
Appears in 1 contract
Sources: Intercreditor Agreement
Security Agent instructions. For the purposes of Clause 9.1 7.2 (Distributions), Clause 9.4 7.5 (Filing of claims) and Clause 9.5 7.6 (Further assurance – Insolvency Event) the Security Agent shall act on the instructions of the Instructing Group.
Appears in 1 contract
Security Agent instructions. For the purposes of Clause 9.1 8.2 (Distributions), Clause 9.4 8.5 (Filing of claims) and Clause 9.5 8.6 (Further assurance – Insolvency Event) the Security Agent shall act on the instructions of the Instructing Group.
Appears in 1 contract
Security Agent instructions. For the purposes of Clause 9.1 9.2 (Distributions), ) and Clause 9.4 9.5 (Filing of claims) and Clause 9.5 (Further assurance – Insolvency Event) the Security Agent shall act act:
a) on the instructions of the Instructing Group; or
b) in the absence of any such instructions, as the Security Agent sees fit.
Appears in 1 contract
Sources: Intercreditor Agreement
Security Agent instructions. For the purposes of Clause 9.1 9.2 (Distributions), Clause 9.4 9.5 (Filing of claims) and Clause 9.5 9.6 (Further assurance – Insolvency Event) the Security Agent shall act act:
(a) on the instructions of the Instructing Group; or
(b) in the absence of any such instructions, as the Security Agent sees fit.
Appears in 1 contract