Common use of Enforcement of Security Clause in Contracts

Enforcement of Security. 7.1 Upon the occurrence of an Event of Default, the security hereby constituted shall become immediately enforceable and the rights of enforcement of the Chargee under this Charge shall be immediately exercisable upon and at any time thereafter for so long as such Event of Default is continuing and, without prejudice to the generality of the foregoing the Chargee without further notice to the Chargor:

Appears in 1 contract

Samples: Loan and Security Agreement (SMART Modular Technologies (DE), Inc.)

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Enforcement of Security. 7.1 Upon the occurrence of an Event of Default, the security Encumbrance hereby constituted shall become immediately enforceable and the rights of enforcement of the Chargee under this Charge shall be immediately exercisable upon and Chargee, at any time thereafter for so long as such Event of Default is continuing andthereafter, without prejudice to the generality of the foregoing the Chargee without further notice to or consultation with or consent of the ChargorChargor may:

Appears in 1 contract

Samples: Note Purchase Agreement (Sequoia Capital 2010 CGF Holdco, Ltd.)

Enforcement of Security. 7.1 8.1 Upon the occurrence of an Event of Default, Default the security hereby constituted shall become immediately enforceable and the rights of enforcement of the Chargee under this Charge shall be immediately exercisable upon and may, at any time thereafter for so long as such Event of Default is continuing andtime, without prejudice to notice to, or consultation with, or the generality of the foregoing the Chargee without further notice to consent of, the Chargor:

Appears in 1 contract

Samples: Golden Meditech Stem Cells (BVI) Co LTD

Enforcement of Security. 7.1 Upon the occurrence of an Event of Default, Default the security hereby constituted shall become immediately enforceable and the rights of enforcement of the Chargee under this Charge shall be immediately exercisable upon and may, at any time thereafter for so long as such Event of Default is continuing andtime, without prejudice to notice to, or consultation with, or the generality of the foregoing the Chargee without further notice to consent of, the Chargor:

Appears in 1 contract

Samples: Share Purchase Agreement (KKR & Co. L.P.)

Enforcement of Security. 7.1 6.1 Upon the occurrence of an Event of Default, Default the security hereby constituted shall become immediately enforceable and the rights of enforcement of the Chargee under this Charge Mortgage shall be immediately exercisable upon and at any time thereafter for so long as such Event of Default is continuing and, without prejudice to the generality of the foregoing the Chargee without further notice to the Chargor:

Appears in 1 contract

Samples: MK Arizona Corp.

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Enforcement of Security. 7.1 6.1 Upon the occurrence of an Event of Default, Default the security hereby constituted shall become immediately enforceable and the rights of enforcement of the Chargee under this Charge shall be immediately exercisable upon and may, at any time thereafter for so long as such Event of Default is continuing andtime, without prejudice to notice to, or consultation with, or the generality of consent of, the foregoing the Chargee without further notice to the ChargorChargor so far as permitted by applicable law:

Appears in 1 contract

Samples: Q&K INTERNATIONAL GROUP LTD

Enforcement of Security. 7.1 Upon the occurrence and during the continuation of an Event of Default, the security Security Interest hereby constituted shall become immediately enforceable and the rights of enforcement of the Chargee under this Charge shall be immediately exercisable upon and may, at any time thereafter for so long as such Event of Default is continuing andtime, without prejudice to the generality of the foregoing the Chargee without further notice to to, or consultation with, or the consent of, the Chargor:

Appears in 1 contract

Samples: Management Agreement (Pacific Drilling S.A.)

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