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 Second Issuer or any other person to enforce their respective obligations under any of the 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: Second Issuer Deed of Charge (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 Second Third Issuer or any other person to enforce their respective obligations under any of the Second 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: Deed of Charge (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 Second Sixth Issuer or any other person to enforce their respective obligations under any of the Second 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: Deed of Charge (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 Second Fourth Issuer or any other person to enforce their respective obligations under any of the Second 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: Deed of Charge (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 Second Fifth Issuer or any other person to enforce their respective obligations under any of the Second 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: Fifth Issuer Deed of Charge (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 Second Seventh Issuer or any other person to enforce their respective obligations under any of the Second 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: Seventh Issuer Deed of Charge (Permanent Mortgages Trustee LTD)

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