Common use of Enforcement Provisions Clause in Contracts

Enforcement Provisions. The Beneficiaries shall have the ---------------------- right, power and authority to do all things, including instituting or appearing in any suit or proceeding, not inconsistent with the express provisions of the Operative Documents, or this Guaranty, which they may deem necessary or advisable to enforce the provisions of this Guaranty and protect the interests of the Beneficiaries. Each and every default in the payment or performance of the Obligations shall give rise to a separate cause of action hereunder, and separate suits may be brought hereunder as each cause of action arises.

Appears in 4 contracts

Samples: Participation Agreement (Mobil Corp), Mobil 1234 Guaranty (Mobil Corp), Mobil 1233 Guaranty (Mobil Corp)

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Enforcement Provisions. The Beneficiaries shall have the ---------------------- right, power and authority to do all things, including instituting or appearing in any suit or proceeding, not inconsistent with the express provisions of the Operative Documents, Documents or this Guaranty, which they may deem necessary or advisable to enforce the provisions of this Guaranty and protect the interests of the Beneficiaries. Each and every default in the payment or performance of the Obligations shall give rise to a separate cause of action hereunder, and separate suits may be brought hereunder as each cause of action arises.

Appears in 2 contracts

Samples: Mobil Corp, Mobil Corp

Enforcement Provisions. The Beneficiaries shall have ---------------------- the ---------------------- right, power and authority to do all things, including instituting or appearing in any suit or proceeding, not inconsistent with the express provisions of the Operative Documents, Documents or this Guaranty, which they may deem necessary or advisable to enforce the provisions of this Guaranty and protect the interests of the Beneficiaries. Each and every default in the payment or performance of the Obligations shall give rise to a separate cause of action hereunder, and separate suits may be brought hereunder as each cause of action arises.

Appears in 2 contracts

Samples: Participation Agreement (Mobil Corp), Participation Agreement (Mobil Corp)

Enforcement Provisions. The Beneficiaries shall have the ---------------------- right, power and authority to do all things, including instituting or appearing in any suit or proceeding, not inconsistent with the express provisions of the Operative Documents, Documents or this Guaranty, which they may deem necessary or advisable to enforce the provisions of this Guaranty and protect the interests of the Beneficiaries. Each and every default in the payment or performance of the Obligations shall give rise to a separate cause of action hereunder, and separate suits may be brought hereunder as each cause of action arises.

Appears in 1 contract

Samples: Fort James Corp

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Enforcement Provisions. The Beneficiaries shall have the ---------------------- right, power and authority to do all things, including instituting or appearing in any suit or proceeding, not inconsistent with the express provisions of the Operative Documents, [the support agreement] or this Guaranty, which they may deem necessary or advisable to enforce the provisions of this Guaranty and protect the interests of the Beneficiaries. Each and every default in the payment or performance of the Obligations shall give rise to a separate cause of action hereunder, and separate suits may be brought hereunder as each cause of action arises.

Appears in 1 contract

Samples: Mobil Marine Finance Co I Inc

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