Common use of Discretionary Enforcement Clause in Contracts

Discretionary Enforcement. Subject to the provisions of this Deed, the Security Trustee may at any time, at its discretion and without notice, take such proceedings and/or other action as it may think fit against, or in relation to, the Fourth Issuer or any other person to enforce their respective obligations under any of the Fourth Issuer Transaction Documents. Subject to the provisions of this Deed, at any time after the security created by this Deed has become enforceable, the Security Trustee may, at its discretion and without notice, take such steps as it may think fit to enforce such security.

Appears in 1 contract

Samples: Permanent Mortgages Trustee LTD

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Discretionary Enforcement. Subject to the provisions of this Deed, the Security Trustee may at any time, at its discretion and without notice, take such proceedings and/or other action as it may think fit against, or in relation to, the Fourth Second Issuer or any other person to enforce their respective obligations under any of the Fourth Second Issuer Transaction Documents. Subject to the provisions of this Deed, at any time after the security created by this Deed has become enforceable, the Security Trustee may, at its discretion and without notice, take such steps as it may think fit to enforce such security.

Appears in 1 contract

Samples: Permanent Mortgages Trustee LTD

Discretionary Enforcement. Subject to the provisions of this Deed, the Security Trustee may at any time, at its discretion and without notice, take such proceedings and/or other action as it may think fit against, or in relation to, the Fourth Fifth Issuer or any other person to enforce their respective obligations under any of the Fourth Fifth Issuer Transaction Documents. Subject to the provisions of this Deed, at any time after the security created by this Deed has become enforceable, the Security Trustee may, at its discretion and without notice, take such steps as it may think fit to enforce such security.

Appears in 1 contract

Samples: Permanent Financing (No. 5) PLC

Discretionary Enforcement. Subject to the provisions of this Deed, the Security Trustee may at any time, at its discretion and without notice, take such proceedings and/or other action as it may think fit against, or in relation to, the Fourth Third Issuer or any other person to enforce their respective obligations under any of the Fourth Third Issuer Transaction Documents. Subject to the provisions of this Deed, at any time after the security created by this Deed has become enforceable, the Security Trustee may, at its discretion and without notice, take such steps as it may think fit to enforce such security.

Appears in 1 contract

Samples: Permanent Mortgages Trustee LTD

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Discretionary Enforcement. Subject to the provisions of this Deed, the Security Trustee may at any time, at its discretion and without notice, take such proceedings and/or other action as it may think fit against, or in relation to, the Fourth Sixth Issuer or any other person to enforce their respective obligations under any of the Fourth Sixth Issuer Transaction Documents. Subject to the provisions of this Deed, at any time after the security created by this Deed has become enforceable, the Security Trustee may, at its discretion and without notice, take such steps as it may think fit to enforce such security.

Appears in 1 contract

Samples: Permanent Mortgages Trustee LTD

Discretionary Enforcement. Subject to the provisions of this Deed, the Security Trustee may at any time, at its discretion and without notice, take such proceedings and/or other action as it may think fit against, or in relation to, the Fourth Seventh Issuer or any other person to enforce their respective obligations under any of the Fourth Seventh Issuer Transaction Documents. Subject to the provisions of this Deed, at any time after the security created by this Deed has become enforceable, the Security Trustee may, at its discretion and without notice, take such steps as it may think fit to enforce such security.

Appears in 1 contract

Samples: Permanent Mortgages Trustee LTD

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