Common use of Realisation Clause in Contracts

Realisation. After the Charge has become enforceable against a Chargor, the Chargor must do anything, and ensure that its employees and agents do anything, that the Enforcing Party may reasonably require to assist it to realise the Charged Property and exercise any power, right, discretion or remedy including: (a) execute any transfer (including any transfer in blank) of, or other document in relation to, any Charged Property; (b) do anything that the Enforcing Party thinks is necessary or desirable under the law in force in any place where any Charged Property is situated; and (c) give any notice, order, direction and consent that the Enforcing Party thinks is necessary or desirable.