Stand Still. 12.1 The Relevant Lenders agree and undertake that on and from the Reference Date, they shall not: (a) commence any civil action against the respective Borrower or other persons that have provided Third Party Security for recovery of their dues in respect of the Facilities or enforcement of any security interest provided by the Borrower or other persons; and
Appears in 3 contracts
Sources: Intercreditor Agreement, Intercreditor Agreement, Intercreditor Agreement
Stand Still. 12.1 13.1 The Relevant Lenders agree and undertake that on and from the Reference Date, they shall not:
(a) commence any civil action or proceedings under IBC or other Applicable Law against the respective Borrower or other persons that have provided Third Party Security for recovery of their dues in respect of the Facilities or enforcement of any security interest provided by the Borrower or other personspersons or accelerate any Facilities provided to the Borrower; and
Appears in 1 contract
Sources: Intercreditor Agreement