Common use of ENFORCEMENT OF THE PLEDGE Clause in Contracts

ENFORCEMENT OF THE PLEDGE. 8.1. Subject to the terms of the Interim PIK Facility Agreement, upon the occurrence of a Declared Default which is continuing, the Pledgee shall be entitled without any further notice, to exercise immediately its rights and powers under this Agreement and the applicable provisions of Luxembourg law, including (but not limited to):

ENFORCEMENT OF THE PLEDGE. 8.1. (a) Subject to the terms of the Interim PIK Facility Facilities Agreement, upon the occurrence of a Declared Default which is continuing, the Pledgee shall be entitled without any further noticenotice (other than the notice referred in paragraph (b) below, if the Pledgee enforces the pledge by way of requesting direct payment from the Debtor), to exercise immediately its rights and powers under this Agreement and the applicable provisions of Luxembourg law, including (but not limited to):

ENFORCEMENT OF THE PLEDGE. 8.1. Subject to the terms of the Interim PIK Facility Agreement, upon the occurrence of a Declared Default which is continuing, the Pledgee shall be entitled entitled, without any further noticenotice (other than the notice in the form attached in Schedule 3 or Schedule 5), to exercise immediately its rights and powers under this Agreement and the applicable provisions of Luxembourg law, including (but not limited to):

ENFORCEMENT OF THE PLEDGE. 8.1. (a) Subject to the terms of the Interim PIK Facility Agreement, upon the occurrence of a Declared Default which is continuing, the Pledgee shall be entitled without any further noticenotice (other than the notice referred in paragraph (b) below, if the Pledgee enforces the pledge by way of requesting direct payment from the Debtor), to exercise immediately its rights and powers under this Agreement and the applicable provisions of Luxembourg law, including (but not limited to):