Common use of Enforcement and non-petition Clause in Contracts

Enforcement and non-petition. Subject to the provisions of the Deed of Charge, only the Security Trustee may pursue the remedies available under the Transaction Documents to enforce the rights of the Secured Creditors. No party save for the Security Trustee will be entitled to petition or take any other step for the winding-up of Party B.

Appears in 5 contracts

Samples: 1992 Isda Master Agreement, 1992 Isda Master Agreement, 1992 Isda Master Agreement

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