Common use of Enforcement by the Administrative Agent Clause in Contracts

Enforcement by the Administrative Agent. 10.1 The Administrative Agent’s power of enforcement over the Collateral shall become exercisable immediately upon the occurrence of an Event of Default which is continuing, provided that the Administrative Agent has served on the Grantor written notice specifying the Event of Default which is continuing.

Appears in 3 contracts

Samples: Security Interest Agreement, Security Interest Agreement (Mimecast LTD), Security Interest Agreement (Mimecast LTD)

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Enforcement by the Administrative Agent. 10.1 9.1 The Administrative Agent’s power of enforcement over the Collateral shall become exercisable immediately upon the occurrence of an Event of Default which is continuing, provided that the Administrative Agent has served on the Grantor written notice specifying the Event of Default which is continuing.

Appears in 2 contracts

Samples: Agreement, Agreement (Mimecast LTD)

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Enforcement by the Administrative Agent. 10.1 7.1 The Administrative Agent’s power of enforcement over the Collateral shall become exercisable immediately upon the occurrence of an Event of Default which is continuing, provided that the Administrative Agent has served on the Grantor written notice specifying the Event of Default which is continuing.

Appears in 1 contract

Samples: Security Interest Agreement (Mimecast LTD)

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