Enforcement Action definition

Enforcement Action any action to enforce any Obligations or Loan Documents 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 any action to:
Enforcement Action means any action of any kind to:

Examples of Enforcement Action in a sentence

  • Enforcement action undertaken by either of the Parties will occur independently in accordance with applicable laws and regulations.


More Definitions of Enforcement Action

Enforcement Action means any action, whether by judicial proceedings or otherwise, to enforce any of the rights and remedies granted pursuant to the Security Documents against the Collateral or the Borrower during the continuance of an Event of Default.
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 denial, suspension, revocation,
Enforcement Action means, with respect to the First Priority Obligations or the Second Priority Obligations, the exercise of any rights and remedies with respect to any Common Collateral securing such obligations or the commencement or prosecution of enforcement of any of the rights and remedies with respect to the Common Collateral under, as applicable, the First Priority Documents or the Second Priority Documents, or applicable law, including without limitation the exercise of any rights of set-off or recoupment, and the exercise of any rights or remedies of a secured creditor under the Uniform Commercial Code of any applicable jurisdiction or under the Bankruptcy Code.
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.