Common use of Charge Shall Become Enforceable Clause in Contracts

Charge Shall Become Enforceable. The Charge shall become 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.

Appears in 2 contracts

Samples: Charge Over Shares (Jacuzzi Brands Inc), Charge Over Shares (Jacuzzi Brands Inc)

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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 DefaultDefault that is continuing.

Appears in 2 contracts

Samples: Revolving Credit Facility Agreement (Kosmos Energy Ltd.), Facility Agreement (Kosmos Energy Ltd.)

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