Common use of Distressed Disposals Clause in Contracts

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):

Appears in 4 contracts

Samples: Intercreditor Agreement (Liberty Global PLC), Agreement (Liberty Global PLC), Agreement (Liberty Global PLC)

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Distressed Disposals. (a) Subject to paragraphs (cd), (de), (f) and (eg) below, if a Distressed Disposal of any asset is being effected, effected the Security Agent is irrevocably authorised (at the cost of the relevant Debtor, Third Party Security Grantor Provider or the Company Parent and without any Consentconsent, sanction, authority or further confirmation from any Creditor, Operating Facility Lender, other Secured Party, Debtor or Third Party Security GrantorProvider):

Appears in 2 contracts

Samples: Intercreditor Agreement (Paysafe LTD), Intercreditor Agreement (Paysafe LTD)

Distressed Disposals. (a) Subject to paragraphs (c), paragraph (d) and (e) below, if a Distressed Disposal of any asset is being effected, effected the Security Agent is irrevocably authorised (at the cost of the relevant Debtor, Security Grantor Debtor or the Company Parent and without any Consentconsent, sanction, authority or further confirmation from any Creditor, Debtor Operating Facility Lender, other Secured Party or Security GrantorDebtor):

Appears in 2 contracts

Samples: Intercreditor Agreement (Paysafe LTD), Intercreditor Agreement

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, 172 sanction, authority or further confirmation from any Creditor, Debtor or Security Grantor):

Appears in 2 contracts

Samples: Agreement (Liberty Global PLC), Agreement (Liberty Global PLC)

Distressed Disposals. (a) Subject to paragraphs (c), (d) and (e) below, if If a Distressed Disposal of any asset is being effected, effected the Security Agent is irrevocably authorised (at the cost of the relevant Debtor, Security Grantor or the Company Debtor and without any Consentconsent, sanction, authority or further confirmation from any Creditor, Creditor or Debtor or the Bond Security GrantorAgent):

Appears in 2 contracts

Samples: Intercreditor Agreement (Sappi LTD), Intercreditor Agreement (Sappi LTD)

Distressed Disposals. (a) Subject to paragraphs (c), (d) and (e) below, if If a Distressed Disposal of any asset is being effected, the Security Agent is irrevocably instructed and authorised (at the cost of the relevant Debtor, Security Grantor Debtor or the Company Parent) and without any Consentconsent, sanction, authority or further confirmation from any Creditor, Debtor Subordinated Creditor or Security Grantor):Debtor:

Appears in 2 contracts

Samples: Intercreditor Agreement (Nord Anglia Education, Inc.), Intercreditor Agreement (Nord Anglia Education, Inc.)

Distressed Disposals. (a) Subject to paragraphs (c), (d) and (e) below, if If a Distressed Disposal of any asset is being effected, the Security Agent is irrevocably authorised authorized (at the cost of the relevant Debtor, Security Grantor Debtor or the Company Borrower and without any Consentconsent, sanction, authority or further confirmation from any CreditorCreditor or Debtor and without any recourse, Debtor representation or Security Grantorwarranty):

Appears in 1 contract

Samples: Intercreditor Agreement (Home Inns & Hotels Management Inc.)

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Distressed Disposals. (a) Subject to paragraph (b) below and paragraphs (cd), (de) and (ef) belowof Clause 17.7 (Instructions to the Security Agent and exercise of discretion), 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 Debtor or the Company Parent and without any Consentconsent, sanction, authority or further confirmation from any Creditor, Debtor Secured Party or Security GrantorDebtor):

Appears in 1 contract

Samples: Intercreditor Agreement

Distressed Disposals. (a) Subject to paragraphs (c), paragraph (d) and (e) below, if a Distressed Disposal of any asset is being effected, the Security Agent is irrevocably authorised authorized (at the cost of the relevant Debtor, Security Grantor Debtor or the Company and Company) without any Consentconsent, sanction, authority or further confirmation from any Creditor, Debtor other Secured Party or Security Grantor):any Debtor:

Appears in 1 contract

Samples: Intercreditor Agreement (Nord Anglia Education, Inc.)

Distressed Disposals. (aA) Subject to paragraphs paragraph (c), (d) and (eD) below, if a Distressed Disposal of any asset is being effected, effected the Security Agent is irrevocably authorised (at the cost of the relevant DebtorObligor, Security Grantor KEI or the Company KEH and without any Consentconsent, sanction, authority or further confirmation from any Creditor, Debtor any Obligor, KEI or Security GrantorKEH):

Appears in 1 contract

Samples: Intercreditor Agreement (Kosmos Energy Ltd.)

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