Common use of Charge Shall Become Enforceable Clause in Contracts

Charge Shall Become Enforceable. The Charge shall become immediately enforceable, and the powers conferred by section 101 of the LPA as varied and extended by this Deed shall be exercisable upon and at any time after the occurrence of an Event of Default that is continuing.

Appears in 2 contracts

Samples: Charge Over (Kosmos Energy Ltd.), Intercompany Loan Agreement (Kosmos Energy Ltd.)

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Charge Shall Become Enforceable. The Charge shall become immediately enforceable, and the powers conferred by section 101 of the LPA as varied and extended by this Deed deed shall be exercisable exercisable, upon and at any time after the occurrence of an Event of Default that is continuingDefault.

Appears in 2 contracts

Samples: Jacuzzi Brands Inc, Jacuzzi Brands Inc

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