Distressed Disposals Sample Clauses

Distressed Disposals. (a) Subject to paragraphs (c), (d) and (e) below, if a Distressed Disposal of any asset is being effected, the Security Agent is irrevocably authorised (at the cost of the relevant Debtor, Security Grantor or the Company and without any Consent, sanction, authority or further confirmation from any Creditor, Debtor or Security Grantor):
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Distressed Disposals. (a) If a Distressed Disposal is being effected the Security Trustee is irrevocably authorised (at the cost of the relevant Debtor and without any consent, sanction, authority or further confirmation from any Creditor, Debtor or other grantor of Transaction Security):
Distressed Disposals. (a) Subject to paragraph (d) below, where a Distressed Disposal is being effected, (and following receipt by the Security Agent, in writing, of notice of the same from, in the case of a Distressed Disposal under paragraph (a) of the definition thereof, the Instructing Group in accordance with Clause 7.2 (Enforcement Instructions) or, in the case of a Distressed Disposal under paragraph (b) of the definition thereof, from the relevant Debtor or Security Provider making such disposal) the Security Agent is irrevocably authorised (at the cost of the relevant Debtor, Security Provider, or the Parent and without any consent, sanction, authority or further confirmation from any Secured Party, Intra-Group Lender, Debtor or Security Provider) to (or, in the case of the Mexican Security Trust Agreement, to instruct the Mexican Security Trustee to):
Distressed Disposals. (A) Subject to paragraph (C) below, if a Distressed Disposal is being effected, the Security and Intercreditor Agent shall, and is irrevocably authorised (at the cost of the relevant Obligor or Group Company and without any consent, sanction, authority or further confirmation from any Finance Party, any Obligor or Group Company):
Distressed Disposals. Subject to the terms and conditions of the Communications Law, the Communications Order and the Pledge Permit (and any permit or approval required thereunder) the following will apply:
Distressed Disposals. 20.6.1 If a Distressed Disposal is being effected, the Borrower Security Trustee (and any Receiver or other delegate appointed by it) is irrevocably authorised subject as provided in Clause 20.6.4 (at the cost of the relevant Obligor and without any consent, sanction, authority or further confirmation from any Borrower Secured Creditor or Obligor) for the purposes of that Distressed Disposal only:
Distressed Disposals. (a) Subject to paragraph (d) below, where a Distressed Disposal is being effected, (and following receipt by the Security Agent, in writing, of notice of the same from, in the case of a Distressed Disposal under paragraph (a) of the definition thereof, the Instructing Group in accordance with Clause 7.2 (Enforcement 169836-4-16896-v10.0 - 36 - 66-40580427 Instructions) or, in the case of a Distressed Disposal under paragraph (b) of the definition thereof, from the relevant Debtor or Security Provider making such disposal) the Security Agent is irrevocably authorised (at the cost of the relevant Debtor, Security Provider, or the Parent and without any consent, sanction, authority or further confirmation from any Secured Party, Intra-Group Lender, Debtor or Security Provider) to (or, in the case of the Mexican Security Trust Agreement, to instruct the Mexican Security Trustee to):
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Distressed Disposals. (a) Subject to paragraph (b) below and Clauses 17.3 (Second Lien and Senior Unsecured Debt Protection), 17.4 (Restriction on enforcement by Second Lien Creditors and Senior Unsecured Creditors) and 17.5 (Instructions to the Security Agent), if a Distressed Disposal of any asset is being effected, the Security Agent (and for the purposes of Italian law, as mandatario con rappresentanza also in the name and on behalf (in nome e per conto) of itself and the other Secured Parties) is, to the extent legally permissible, irrevocably released from the restrictions set out in section 181 of the German Civil Code and any equivalent restriction under any other applicable law and authorised and empowered (at the cost of the relevant Debtor, Third Party Security Provider, or the Company and without any consent, sanction, authority or further confirmation from any Creditor, Third Party Security Provider, or other Secured Party, Senior Unsecured Security Provider or Debtor):
Distressed Disposals. (a) I f a Distressed Disposal of any asset is being effected, the Collateral Agent is irrevocably authorised (at the reasonable cost of the relevant member of the Group and the Company and, to the maximum extent allowed by applicable law, without any further consent, sanction, authority or further confirmation or instruction from any Agent, Creditor, Secured Party or member of the Group):
Distressed Disposals 
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