Common use of Commencement of the Enforcement of the Pledge Clause in Contracts

Commencement of the Enforcement of the Pledge. The Pledgee shall be entitled to commence the enforcement of the Pledge over all or any of the Movable Assets or its part to satisfy all or any of the Secured Receivables. The Pledgee shall have the right to change, at any time and, if appropriate, repeatedly, the manner of the enforcement of the Pledge at its sole discretion. The Pledgee shall inform the Pledgor about the manner of the enforcement of the Pledge and its change after its commencement.

Commencement of the Enforcement of the Pledge. The Pledgee shall be entitled to commence the enforcement of the Pledge over all or any of the Movable Assets or its part Shares to satisfy all or any of the Secured Receivables. The Pledgee shall have the right to change, at any time and, if appropriate, repeatedly, the manner of the enforcement of the Pledge at its sole discretion. The Pledgee shall inform the Pledgor about the manner of the enforcement of the Pledge and its change after its commencement.