Common use of Enforcement Event Clause in Contracts

Enforcement Event. The Transaction Security (to the extent not previously released pursuant to Clause 9 (Automatic Release of Transaction Security)) shall be immediately enforceable on the occurrence of an Enforcement Event.

Appears in 2 contracts

Sources: Intercreditor Agreement (Cemex Sab De Cv), Intercreditor Agreement (Cemex Sab De Cv)