Suspension of Permitted Payments. Shareholder Liabilities), a member of the Borrower Group may make, and a Shareholder may receive, in respect, or on account, of the Shareholder Liabilities:
Suspension of Permitted Payments. 12.1 STOP NOTICES Any Intercreditor Obligor may make any payment in respect of the Mezzanine Liabilities permitted by Clause 10 (PERMITTED PAYMENTS) on the relevant payment date if, immediately prior to such payment being made, no Stop Notice has been issued to the Mezzanine Agent and copied to the Obligor's Agent in accordance with Clause 12.2 (RIGHT TO ISSUE A STOP NOTICE) or if a Stop Notice has been so issued, it has ceased to have effect under Clause 12.3 (DURATION OF EFFECT OF STOP NOTICE) provided that issuing the -22- Stop Notice shall not prevent any payment or transfer permitted pursuant to Clauses 10.1.1(a) or 10.1.2.
Suspension of Permitted Payments. 14.1 EFFECT OF STOP NOTICE OR THE OCCURRENCE OF A STOP EVENT Any Obligor may make any payment in respect of the Mezzanine Liabilities, the Subordinated Liabilities or, as the case may be, the Mirror Note Liabilities as expressly permitted by Clause 12 (Permitted Payments) on the relevant payment date if, immediately prior to such payment being made:
Suspension of Permitted Payments. No payment which would otherwise be permitted under clause 5.2 (Permitted payments) may be made without the prior consent of the Facility Agent if a Major Senior Default has occurred and the Mezzanine Facility Agent has received a corresponding Default Notice from the Facility Agent until the earliest of:-
Suspension of Permitted Payments. No payment which would otherwise be permitted under Clause 6.2 (Permitted payments) in respect of the High Yield Notes Funding Loans may be made (or demand for payment made) without the prior consent of the Facility Agent:
Suspension of Permitted Payments. No payment which would otherwise be permitted under Clause 7.2 (Permitted payments) may be made (or demand for payment made) if a Senior Default has occurred and Xxxxxxx SAS has received from the Facility Agent a notice in writing specifying that payments of Intra-Group Debt are suspended, until the earliest of:
Suspension of Permitted Payments. SHAREHOLDER LIABILITIES
Suspension of Permitted Payments. Subject to Clause 5 (Subordination on insolvency), until the Senior Discharge Date, no Obligor may (and the Obligors shall ensure that no member of the Group will) make, and no Junior Finance Party may receive, any Permitted Payment without the prior consent of the Agent if a Default (as defined in the Senior Facility Agreement) has occurred and is continuing or would occur as a result of the relevant payment.
Suspension of Permitted Payments. Except in the case of:
Suspension of Permitted Payments. Subject to Clause 7 (Subordination on Insolvency) and without prejudice to any prohibition on payment arising out of any other provision of the Finance Documents, until the Discharge Date, except as previously consented to by the Majority Banks in writing, the Borrower may not make any payment which would be prohibited by Clause 5.1 (Undertakings by the Shareholders and Sponsors) and/or 5.2 (Undertakings by the Borrower) but for the provisions of Clause 6.1 (Permitted Payments) if and so long as there is either a Potential Event of Default, an Event of Default or any default under any material provision of a Hedging Agreement.
