Common use of Security Realization Clause in Contracts

Security Realization. if any secured creditors of any Borrower Group Member realize upon or enforce their security against property and assets of such Borrower Group Member having an aggregate fair market value in excess of Cdn $1,000,000 (or the Equivalent Amount) and such realization or enforcement shall continue in effect and not be released, discharged or stayed within 20 Banking Days;

Security Realization. if any secured creditors of any Borrower Group Member realize upon or enforce their security against property and assets of such Borrower Group Member having an aggregate fair market value in excess of Cdn $1,000,000 (or the Equivalent Amount) and such realization or enforcement shall continue in effect and not be released, discharged or stayed within 20 Banking Days;...