Common use of Enforcement Powers Clause in Contracts

Enforcement Powers. (a) The Secured Obligations shall be deemed to have become due and payable on the date of this Debenture in respect of the Original Chargors, and on the date of execution of the applicable Security Accession Deed in respect of any other Chargor, for the purposes of section 101 of the Law of Property Act 1925.

Appears in 2 contracts

Samples: Debenture (Paysafe LTD), Debenture (Paysafe LTD)

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Enforcement Powers. (a) The Secured Obligations shall be deemed to have become due and payable on the date of this Debenture Security Agreement in respect of the Original Chargors, and on the date of execution of the applicable Security Accession Deed in respect of any other Chargor, Chargor for the purposes of section 101 of the Law of Property Act 1925.

Appears in 1 contract

Samples: Security Agreement (Paysafe LTD)

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Enforcement Powers. (a) The Secured Obligations shall be deemed to have become due and payable on the date of this Debenture Security Agreement in respect of the Original Chargors, and on the date of execution of the applicable Security Accession Deed in respect of any other Chargor, Chargor for the purposes of section 101 of the Law of Property Act 1925Xxx 0000.

Appears in 1 contract

Samples: Security Agreement (Paysafe LTD)

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