Common use of Statutory Powers Clause in Contracts

Statutory Powers. The power of sale and other powers conferred to the Chargee pursuant to the CPO (as amended or extended by this Deed) shall be immediately exercisable upon and at any time after the occurrence of any Event of Default.

Appears in 2 contracts

Samples: Borqs Technologies, Inc., Borqs Technologies, Inc.

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Statutory Powers. The power of sale and other powers conferred to the Chargee Lender pursuant to the CPO (as amended or extended by this Deed) shall be immediately exercisable upon and at any time after the occurrence of any Event of DefaultDefault and for so long as such Event of Default is continuing.

Appears in 2 contracts

Samples: Deed (Borqs Technologies, Inc.), Borqs Technologies, Inc.

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Statutory Powers. The power of sale and other powers conferred to the Chargee tLender pursuant to the CPO (as amended or extended by this Deed) shall be immediately exercisable upon and at any time after the occurrence of any Event of Default.

Appears in 1 contract

Samples: Borqs Technologies, Inc.

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