ENFORCEMENT OF THE PLEDGE. (a) Upon the occurrence of an Event of Default, the Pledgee is entitled to enforce the Pledge immediately, in its absolute discretion and exercise any right under (i) applicable law (including, without limitation, article 11 of the Collateral Act 2005), and/or (ii) this Pledge Agreement and to enforce all or any part of the Pledge in respect of the Shares in any manner it sees fit. The Pledgee shall, in particular, be entitled to:
Appears in 3 contracts
Samples: Guarantee Agreement (Constellation Brands, Inc.), Restatement Agreement (Constellation Brands, Inc.), Project Financing Agreement (Constellation Brands, Inc.)
ENFORCEMENT OF THE PLEDGE. (a) Upon the occurrence of an Event of DefaultDefault and in accordance with Clause 5.3 above, the Pledgee is shall be entitled to enforce the Pledge immediately, in its absolute discretion and exercise any right under (i) applicable law (including, without limitation, article 11 of the Collateral Act 2005), and/or ) or (ii) this Pledge Agreement Agreement, and to enforce all or any part of the Pledge in respect of the Shares PECs in any manner it sees fit. The Pledgee shall, shall in particular, particular be entitled to:
Appears in 3 contracts
Samples: Guarantee Agreement (Constellation Brands, Inc.), Restatement Agreement (Constellation Brands, Inc.), Project Financing Agreement (Constellation Brands, Inc.)
ENFORCEMENT OF THE PLEDGE. (a) Upon At any time following the occurrence of an Event of Default, Default which is continuing the Pledgee is entitled to enforce the Pledge immediately, in its absolute discretion and exercise any right under (i) applicable law (including, without limitation, article 11 of the Collateral Act 2005)law, and/or (ii) this Pledge Agreement and to enforce all or any part of the Pledge in respect of the Shares in any manner it sees fit. The Pledgee shall, shall in particular, particular be entitled to:
Appears in 1 contract
