After the Enforcement Date Clause Samples
The "After the Enforcement Date" clause defines the rights, obligations, or procedures that become effective once a specific enforcement date has passed. In practice, this clause may specify actions that parties must take, restrictions that apply, or benefits that are triggered only after the enforcement date, such as the commencement of payment schedules or the start of compliance requirements. Its core function is to clearly delineate when certain contractual provisions become operative, thereby preventing confusion about the timing of responsibilities and ensuring orderly implementation of the agreement.
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After the Enforcement Date. The Committee shall establish procedures for the receipt of notices that a dispute exists concerning the Agreement and review of such disputes, pursuant to Section VI of the Agreement. Members may engage with Settling Distributors, Settling States, and Participating Subdivisions attempting to resolve any dispute without further action by the Committee. The Committee may request additional information from Settling Distributors, Settling States, and Participating Subdivisions to the extent the Committee believes such information is necessary to understand, resolve, or provide advice related to a dispute. The Committee shall endeavor to provide advice relative to the dispute no later than 60 days after receipt of notice.
After the Enforcement Date. If at any time after the Enforcement Date any such repayment or prepayment shall occur as is contemplated in Clause 13.1 and the amount realised from the enforcement of the Charges is insufficient to discharge in full the Lender's Indebtedness and the Hedge Provider's Indebtedness, the release by the Hedge Provider shall not be subject to the satisfaction of the condition specified in Clause 13.1 above, and the Hedge Provider shall be obliged to release the Secured Assets to enable the same to be realised.