Enforcement Action definition

Enforcement Action means any action to enforce any Obligations or Loan Documents or to exercise any rights or remedies relating to any Collateral (whether by judicial action, self-help, notification of Account Debtors, exercise of setoff or recoupment, exercise of any right to vote or act in a Loan Party’s Insolvency Proceeding, or otherwise), in each case solely to the extent permitted by the Loan Documents.

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Enforcement Action means any action to:

Enforcement Action means any action of any kind to:

Examples of Enforcement Action in a sentence

• Notwithstanding anything to the contrary herein, LICENSEE may at its sole discretion and expense, join as a party to a Licensed Subject Matter Enforcement Action.

• LICENSEE shall keep LICENSOR reasonably informed with respect to the progress of any LICENSEE Invention Enforcement Action instituted by LICENSOR pursuant to this Section 5.7(a) LICENSEE shall give LICENSOR timely notice of any proposed settlement of any LICENSEE Invention Enforcement Action instituted by LICENSEE and shall not, without the prior written consent of LICENSOR, enter into any settlement that would give rise to liability of LICENSOR, its Affiliates or their sublicensees.

• Prior to commencing any action, LICENSOR shall consult with LICENSEE and shall give due consideration to LICENSEE’s recommendations regarding the proposed Licensed Subject Matter Enforcement Action.

• Any and all recoveries resulting from a Licensed Subject Matter Enforcement Action shall belong solely to LICENSEE.

• Any and all recoveries resulting from a Licensed Subject Matter Enforcement Action shall first be applied to reimburse each Party’s cost and expenses in connection with such action, and any remaining recoveries shall be split between the Parties with seven percent (10%) to LICENSOR and the remaining amount to LICENSEE.

More Definitions of Enforcement Action

Enforcement Action means any action to collect any Obligations or enforce any Loan Document or to realize upon any Collateral (whether by judicial action, self-help, notification of Account Debtors, exercise of setoff or recoupment, or otherwise).

Enforcement Action means a civil action or proceeding, other than a cross-complaint, for any of the following purposes:

Enforcement Action means an action taken by OCCL to promote compliance such as warning of probation, probation, suspension, revocation, or denial.

Enforcement Action has the meaning set forth in Section 8.3.

Enforcement Action means, with respect to any Lender and with respect to any Collateral Claim of such Lender or any item of Collateral in which such Lender has or claims a security interest lien or right of offset, any action, whether judicial or nonjudicial, to repossess, collect, accelerate, offset, recoup, give notification to third parties with respect to, sell, dispose of, foreclose upon, give notice of sale, disposition, or foreclosure with respect to, or obtain equitable or injunctive relief with respect to, such Collateral Claim or Collateral. The filing, or the joining in the filing, by any Lender of an involuntary bankruptcy or Insolvency Proceeding against Borrower also is an Enforcement Action.

Enforcement Action means denial, suspension, revocation,

Enforcement Action means any of the following actions taken by or at the direction of Subordinate Lender: the acceleration of all or any part of the Subordinate Indebtedness, the advertising of or commencement of any foreclosure or trustee’s sale proceedings, the exercise of any power of sale, the acceptance of a deed or assignment in lieu of foreclosure or sale, the collecting of Rents, the obtaining of or seeking of the appointment of a receiver, the seeking of default interest, the taking of possession or control of any of the Mortgaged Property, the commencement of any suit or other legal, administrative, or arbitration proceeding based upon the Subordinate Note or any other of the Subordinate Loan Documents, the exercising of any banker’s lien or rights of set-off or recoupment, or the exercise of any other remedial action against Borrower, any other party liable for any of the Subordinate Indebtedness or obligated under any of the Subordinate Loan Documents, or the Mortgaged Property.