Enforcement of any security. Any corporate action, legal proceeding or other procedure or step is taken in relation to enforcement of any Security Interests over any assets of the Borrower.
Appears in 4 contracts
Samples: Sace Facility Agreement (Norwegian Cruise Line Holdings Ltd.), Sace Facility Agreement (Norwegian Cruise Line Holdings Ltd.), Sace Facility Agreement (Norwegian Cruise Line Holdings Ltd.)
Enforcement of any security. Any corporate action, legal proceeding or other procedure or step is taken in relation to enforcement of any Security Interests security interests over any assets of the Borrower.
Appears in 2 contracts
Samples: Loan Agreement (Prestige Cruises International, Inc.), Loan Agreement (Seven Seas Cruises S. DE R.L.)