Common use of Discretionary Enforcement Clause in Contracts

Discretionary Enforcement. Subject to the provisions of this Deed, the Security Trustee may at any time, at its discretion and without notice, take such proceedings and/or other action as it may think fit against, or in relation to, the Third Issuer or any other person to enforce their respective obligations under any of the Third Issuer Transaction Documents. Subject to the provisions of this Deed, at any time after the security created by this Deed has become enforceable, the Security Trustee may, at its discretion and without notice, take such steps as it may think fit to enforce such security.

Appears in 1 contract

Samples: Permanent Mortgages Trustee LTD

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Discretionary Enforcement. Subject to the provisions of this Deed, the Security Trustee may at any time, at its discretion and without notice, take such proceedings and/or other action as it may think fit against, or in relation to, the Third Sixth Issuer or any other person to enforce their respective obligations under any of the Third Sixth Issuer Transaction Documents. Subject to the provisions of this Deed, at any time after the security created by this Deed has become enforceable, the Security Trustee may, at its discretion and without notice, take such steps as it may think fit to enforce such security.

Appears in 1 contract

Samples: Permanent Mortgages Trustee LTD

Discretionary Enforcement. Subject to the provisions of this Deed, the Ninth Issuer Security Trustee may at any time, at its discretion and without notice, take such proceedings and/or other action as it may think fit against, or in relation to, the Third Ninth Issuer or any other person to enforce their respective its obligations under any of the Third Ninth Issuer Transaction Documents. Subject to the provisions of this Deed, at any time after the security created by this Deed has become enforceable, the Ninth Issuer Security Trustee may, at its discretion and without notice, take such steps as it may think fit to enforce such security.

Appears in 1 contract

Samples: HOLMES FINANCING (No. 9) PLC

Discretionary Enforcement. Subject to the provisions of this Deed, the Security Trustee may at any time, at its discretion and without notice, take such proceedings and/or other action as it may think fit against, or in relation to, the Third Fourth Issuer or any other person to enforce their respective obligations under any of the Third Fourth Issuer Transaction Documents. Subject to the provisions of this Deed, at any time after the security created by this Deed has become enforceable, the Security Trustee may, at its discretion and without notice, take such steps as it may think fit to enforce such security.

Appears in 1 contract

Samples: Permanent Mortgages Trustee LTD

Discretionary Enforcement. Subject to the provisions of this Deed, the Security Trustee may at any time, at its discretion and without notice, take such proceedings and/or other action as it may think fit against, or in relation to, the Third Fifth Issuer or any other person to enforce their respective obligations under any of the Third Fifth Issuer Transaction Documents. Subject to the provisions of this Deed, at any time after the security created by this Deed has become enforceable, the Security Trustee may, at its discretion and without notice, take such steps as it may think fit to enforce such security.

Appears in 1 contract

Samples: Permanent Financing (No. 5) PLC

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Discretionary Enforcement. Subject to the provisions of this Deed, the Security Trustee may at any time, at its discretion and without notice, take such proceedings and/or other action as it may think fit against, or in relation to, the Third Seventh Issuer or any other person to enforce their respective obligations under any of the Third Seventh Issuer Transaction Documents. Subject to the provisions of this Deed, at any time after the security created by this Deed has become enforceable, the Security Trustee may, at its discretion and without notice, take such steps as it may think fit to enforce such security.

Appears in 1 contract

Samples: Permanent Mortgages Trustee LTD

Discretionary Enforcement. Subject to the provisions of this Deed, the Security Trustee may at any time, at its discretion and without notice, take such proceedings and/or other action as it may think fit against, or in relation to, the Third Second Issuer or any other person to enforce their respective obligations under any of the Third Second Issuer Transaction Documents. Subject to the provisions of this Deed, at any time after the security created by this Deed has become enforceable, the Security Trustee may, at its discretion and without notice, take such steps as it may think fit to enforce such security.

Appears in 1 contract

Samples: Permanent Mortgages Trustee LTD

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