Enforceability of Security Sample Clauses

Enforceability of Security. (a) For the purposes of all powers implied by the LPA or any other applicable statute, the Secured Obligations shall be deemed to have become due and payable upon the date of this Deed. (b) Save as provided in Clause 6.3 (Effect of Moratorium) below, the Charges given by a Chargor shall become immediately enforceable upon the occurrence and during the continuation of a Specified Default and the power of sale conferred by section 101 of the LPA and all other powers conferred on mortgagees and Receivers by law (as varied and extended by this Deed) shall be exercisable in relation to the Charges and the ABL Agent may take possession, hold or dispose of any Charged Asset at any time after the Charges have become enforceable. (c) The statutory power of leasing conferred upon the ABL Agent shall be extended so as to authorise the ABL Agent to lease, make agreements for leases, accept surrenders of leases and grant options as the ABL Agent thinks fit and without the need to comply with any of the provisions of sections 99 and 100 of the LPA and any lease granted will bind any holder of a subsequent Security deriving title under the ABL Agent.

Enforceability of Security. (a) The Security and the power of sale and other powers conferred by Section 101 of the Act, as varied or amended by this Charge, shall be enforceable and exercisable upon and at any time after the occurrence of an Event of Default which is continuing and which has not been remedied or waived in accordance with the Credit Agreement. (b) If the Security is enforceable, the Administrative Agent may in its absolute discretion, but subject to the provisions of the Credit Agreement and this Charge, enforce all or any part of the Security in any manner it sees fit. (c) If the Security is enforceable, the Administrative Agent shall, subject to the provisions of the Credit Agreement, be entitled to appropriate moneys and/or assets to discharge any outstanding Secured Obligations in such manner or order as it sees fit.

Enforceability of Security. The Charges shall become immediately enforceable, and the power of sale and other powers conferred by Section 24 of the Property Act, to the extent applicable (as varied and extended by this Deed) and all the other powers conferred on the Lender by this Deed shall be immediately exercisable at any time upon the occurrence of an Event of Default.

Enforceability of Security. The Liabilities shall be deemed to have become due within the meaning of Section 101 of the Law of Property Act 1925 immediately upon the execution of this Share Charge. Th▇ ▇▇▇▇▇▇s hereby created shall become enforceable upon an Event of Default occurring or a receiver being appointed and the powers conferred by Section 101 and other provisions of the Law of Property Act 1925 on mortgagees as varied and extended by this Share Char▇▇ ▇▇▇▇▇ be exercisable in relation to the Charges at any time after any such occurrence without the restrictions contained in the Law of Property Act 1925 as to the giving of notice or otherwise.

Enforceability of Security the validity, sufficiency and enforceability (which the Trustee has not investigated) of the Security; or

Enforceability of Security. 3.1 The Security Interest created by this Agreement shall become enforceable if the Shareholder commits any breach of the terms of this Agreement or fails to pay the Water Charges on the due date in accordance with the terms this of Agreement (an "Enforcement Event"). 3.2 At any time after the occurrence of an Enforcement Event the Company may (without it being necessary to give any prior notice to the Shareholder, and without prejudice to any other rights, powers or remedies they may have under this Agreement or by law) sell or dispose of the Shares or any part thereof by public auction or private contract on such terms as the Company thinks fit, for immediate or deferred consideration, and the Company may buy and hold the shares as treasury stock and may re-sell the Shares without being responsible for any loss occasioned and may transfer the Shares or any part thereof free from adverse interests.

Enforceability of Security. The security created by this Assignment shall become immediately enforceable and the power of sale and other powers conferred by Section 24 of the Conveyancing and Law of Property Act (Chapter 61) of Singapore (as varied and extended by this Assignment) and all the other powers conferred on the Bank by this Assignment shall be immediately exercisable at any time upon the occurrence of any Event of Default (as defined in any Facility Letter or Security Documents).

Enforceability of Security. The Liabilities shall be deemed to have become due within the meaning of Section 19 of the Act immediately upon the execution of this Share Charge. The Charges hereby created shall become enforceable upon an Event of Default occurring or a receiver being appointed and the powers conferred by Section 19 and other provisions of the Act on mortgagees as varied and extended by this Share Charge shall be exercisable in relation to the Charges at any time after any such occurrence without the restrictions contained in the Act as to the giving of notice or otherwise.

Enforceability of Security. (a) For the purposes of all powers implied by the LPA or any other applicable statute, the Secured Liabilities shall be deemed to have become due and payable upon the date of this Deed. (b) Save as provided in Clause 5.3 (Effect of Moratorium) below, the Security shall become immediately enforceable upon: (i) the occurrence of an Event of Default which is continuing; or (ii) a petition being presented or application made for the appointment of an administrator in respect of the Chargor; or (iii) notice being given by a person entitled to do so of the intention to appoint an administrator or such notice being filed with the court, and the power of sale conferred by section 101 of the LPA and all other powers conferred on mortgagees and Receivers by law (as varied and extended by this Deed) shall be exercisable in relation to the Security and the Chargee may take possession, hold or dispose of any Charged Asset at any time after the Security has become enforceable.