Common use of Actions Following Event of Default Clause in Contracts

Actions Following Event of Default. (a) At any time while an Event of Default is subsisting the Note Trustee may (subject to the Security Trust Deed, to clauses 6.3 and 7, and to the relevant Conditions 9 and 10) at its discretion and without further notice and must, if so directed or requested under clause 7.1, take any action available to it to direct the Security Trustee to:

Appears in 2 contracts

Samples: Interstar Securitisation Management Pty LTD, Interstar Securitisation Management Pty LTD

AutoNDA by SimpleDocs

Actions Following Event of Default. (a) At any time while an Event of Default is subsisting the Note Trustee may (subject to the Security Trust Deed, to clauses 6.3 6.4 and 7, and to the relevant Conditions 9 and 10) at its discretion and without further notice discretion, and must, if so directed or requested under clause 7.1, without further notice take any action available to it to direct the Security Trustee to:

Appears in 2 contracts

Samples: Agency Agreement (Crusade Global Trust No. 2 of 2006), Servicing Agreement (Crusade Management LTD)

Actions Following Event of Default. (a) At any time while an Event of Default is subsisting the Note Trustee may (subject to the Security Trust Deed, to clauses 6.3 6.4 and 7, and to the relevant Conditions 9 and 10) at its discretion and without further notice and must, if so directed or requested under clause 7.1, take any action available to it to direct the Security Trustee to:

Appears in 1 contract

Samples: Note Trust (Crusade Management LTD)

Actions Following Event of Default. (a) At any time while an Event of Default is subsisting the Note Trustee may (subject to the Security Trust Deed, to clauses 6.3 6.4 and 7, and to the relevant Conditions 9 and 10) ), at its discretion and without further notice and must, if so directed or requested under clause 7.1notice, take any action available to it to direct the Security Trustee to:

Appears in 1 contract

Samples: Me Portfolio Management LTD

AutoNDA by SimpleDocs

Actions Following Event of Default. (a) At any time while an Event of Default is subsisting the Note Trustee may (subject to the Security Trust Deed, to clauses 6.3 6.4 and 7, and to the relevant Conditions 9 and 10) at its discretion and without further notice and must, if so directed or requested under clause 7.1, take any action available to it to direct the Security Trustee to:

Appears in 1 contract

Samples: Westpac Securitisation Management Pty LTD

Time is Money Join Law Insider Premium to draft better contracts faster.