Enforcement Rights definition

Enforcement Rights means the rights as against Contractor to enforce or terminate the Construction Contract under PART 7 – DEFAULT NOTICE therein.

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Enforcement Rights means the rights as against Project Co to enforce or terminate the Project Agreement under Article 25 therein.

Enforcement Rights means any and all rights, benefits, title, interests, remedies, including rights of priority, right to file, defend, prosecute, bring causes of action, make claims, settle, receive damages, maintain, renew, assign, license and enforce, and rights to indemnities, warranties, royalties, profits, income and proceeds;

Examples of Enforcement Rights in a sentence

Notwithstanding any provision or condition, express or implied, in the Subscription Documents or any other agreement, document or instrument, each Holder hereby irrevocably covenants to the Agent and each other that it will not exercise any Enforcement Rights it may have against the Company, or take or threaten to take any other enforcement action whatsoever with respect to the Company, except to the extent such Holder is acting or qualifies as the “Majority Holders” and is instructing the Agent.
Each Holder hereby appoints and designates the Agent as agent hereunder and under the Debentures issued to such Holder to carry out the responsibilities and exercise the powers and rights constituting its Enforcement Rights and the powers and rights set out in this Agreement.
Unless otherwise excused as provided herein, the Agent shall act on all written instructions received from the Majority Holders with respect to any action to be taken or not to be taken in connection with this Agreement or the Debentures including, without limitation, actions to be taken pursuant to the Enforcement Rights.
Without restricting its other powers set out in this Agreement, the Agent may maintain a bank account (the “Agent’s Account”) and deposit into the Agent’s Account all payments it may receive in exercising any Enforcement Rights and to pay those amounts on a pro rata basis to the Holders based on their Rateable Benefit Percentage within five Business Days of those amounts being credited to the Agent’s Account.

More Definitions of Enforcement Rights

Enforcement Rights mean and include all available enforcement rights and remedies that may be \ (i) against a Defaulting Client following a Client Event of Default, or (ii) against a Defaulting Debtor following an Debtor Event of Default, Enforcement rights further include default rights and remedies that may be asserted against the property of a third Person to satisfy an indebtedness.

Enforcement Rights has the meaning set forth in Section 4.2(b).

Enforcement Rights means any and all demand, remedial and enforcement rights against the Company granted to or in favour of the Holders and the Agent under the Subscription Documents or which they may otherwise be entitled to by way of statute, equity or other means from time to time;

Enforcement Rights has the meaning given to it in the Limited Assignment of Construction Contract.

Enforcement Rights mean and include all available enforcement rights and remedies following an Event of Default, Enforcement rights further include default rights and remedies that may be asserted against the property of a third Person to satisfy an indebtedness.

Enforcement Rights has the meaning set forth in Article VII.

Enforcement Rights means any right of any Party (other than Option Holder or Buyer) under any Applicable Agreement which, if exercised, would prohibit or otherwise prevent (i) Option Holder (or Buyer) from exercising its rights under this Agreement or (ii) Owner from transferring all its right, title and interest in the Vessel to Buyer or (iii) Sub-Lessee (or any other authorised Person) from delivering the Vessel to Buyer, in each case, as contemplated by this Agreement and the Option Notice;