Law of Property Act Sample Clauses

Law of Property Act. Sections 93 and 103 of the Law of Property Act 1925 shall not apply to this Assignment or to any exercise by the Collateral Agent of its right to consolidate mortgages or its power of sale.
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Law of Property Act. Sections 93 (restriction of right of consolidation) and 103 (restriction of right of sale) of the Law of Property Act 1925 will not apply to this Agreement. The Liabilities will become due for the purposes of section 101 of the Law of Property Xxx 0000, and the statutory power of sale and of appointing a receiver which are conferred on the Xxxxxx Xxxxxxx Companies under that Act (as varied or extended by this Agreement) and all other powers shall be deemed to arise immediately after execution of this Agreement.
Law of Property Act. At any time on or after the Enforcement Date or if requested by the Chargor, the Security Trustee may, without further notice, without the restrictions contained in sections 93 and 103 of the Law of Property Xxx 0000 and whether or not a Receiver shall have been appointed, exercise all the powers conferred upon mortgagees by the Law of Property Xxx 0000 as varied or extended by this Deed and all the powers and discretions conferred by this Deed on a Receiver either expressly or by reference and also, in the case of the Investments, all rights or powers which may be exercisable by the registered holder or beneficial owner of the same.
Law of Property Act. The Debtor covenants and agrees that the provisions of the Law of Property Act of the Province of Alberta shall apply to this Agreement and to the Collateral secured hereby or to any agreement or instrument renewing or extending or collateral to this Agreement or to the Collateral.
Law of Property Act. 7.1 Section 101 The power of sale and other powers conferred by section 101 (Powers incident to estate or interest of mortgagee) of the Law of Property Act on mortgagees, as varied and extended by this Deed, shall arise (and the Secured Liabilities shall be deemed due and payable for that purpose) on the date of this Deed and shall be exercisable in accordance with Clause 7.3 (Law of Property Act powers).
Law of Property Act. 1925 not applicable. The Owner hereby waives the entitlement conferred by section 93 of the Law of Property Act 1925 and agrees that section 103 of that Act shall not apply to the security created by this Deed.
Law of Property Act. 1925 The provisions of the 1925 Act relating to the power of sale and the other powers conferred by Section 101(1) and (2) are hereby extended in relation to the Seventh Issuer (as if such extensions were contained therein) to authorise the Seventh Issuer Security Trustee at its absolute discretion at any time following the occurrence of a Seventh Issuer Note Event of Default and subject to the Seventh Issuer Security Trustee being satisfied as to the indemnification available to it in relation to the exercise of such powers:
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Law of Property Act. Sections 93 and 103 of the Law of Property Act shall not apply to this Share Charge or to any exercise by the UK Security Trustee of its right to consolidate mortgages or its power of sale. Clause 10.2 (Enforcement) shall operate as a variation and extension of Section 101 of such Act.
Law of Property Act. Sections 93 and 103 of the Law of Property Act shall not apply to this Debenture or to any exercise by the UK Security Trustee of its right to consolidate mortgages or its power of sale. The statutory powers of leasing conferred on the UK Security Trustee shall be extended so as to authorise the UK Security Trustee to lease, make agreements for leases, accept surrenders of leases and grant such options as the Agent shall think fit and without the need to comply with any of the provisions of Sections 99 and 100 of the Law of Property Act, and clause 14.2 (Enforcement) shall operate as a variation and extension of Section 101 of such Act.

Related to Law of Property Act

  • Federal Power Act None of the Company nor any of its Subsidiaries is subject to regulation as a “public utility” under the Federal Power Act, as amended.

  • No breach of laws (a) It has not (and none of its Subsidiaries has) breached any law or regulation which breach has or is reasonably likely to have a Material Adverse Effect.

  • Sanctions and other Anti-Terrorism Laws; Anti-Corruption Laws The Borrowers covenant and agree that (A) they shall immediately notify Administrative Agent, the Collateral Agent and each of the Lenders in writing upon the occurrence of a Reportable Compliance Event; and (B) if, at any time, any Collateral becomes Embargoed Property, in addition to all other rights and remedies available to Administrative Agent and each of the Lenders, upon request by Administrative Agent or any of the Lenders, the Borrowers shall provide substitute Collateral acceptable to the Lenders that is not Embargoed Property.

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