Common use of ENFORCEMENT OF THE PLEDGES Clause in Contracts

ENFORCEMENT OF THE PLEDGES. 6.1 If (i) an Enforcement Event has occurred and is continuing and (ii) the requirements set forth in Sections 1273 para 2, 1204 et seq. of the German Civil Code with regard to the enforcement of the Pledge are met (Pfandreife), in particular, if any of the Obligations has become due and payable, then in order to enforce the Pledge, the Collateral Agent may at any time thereafter avail itself of all rights and remedies that a pledgee has against a pledgor under the laws of the Federal Republic of Germany.

ENFORCEMENT OF THE PLEDGES. 6.1 If (i) an Enforcement Event has occurred and is continuing and (ii) the requirements set forth in Sections 1273 para 2, 1204 et seq. of the German Civil Code with regard to the enforcement of the Pledge are met (Pfandreife), in particular, if any of the Obligations has have become due and payable, then in order to enforce the Pledge, the Collateral Agent (acting on the instructions of the Secured Parties) may at any time thereafter avail itself of all rights and remedies that a pledgee has against a pledgor under the laws of the Federal Republic of Germany.

ENFORCEMENT OF THE PLEDGES. 6.1 If (i) an Enforcement Event has occurred and is continuing and (ii) the requirements set forth in Sections 1273 para 2, 1204 et seq. of the German Civil Code with regard to the enforcement of any of the Pledge Pledges are met (Pfandreife), in particular, if any of the Obligations has become due and payable, then in order to enforce the PledgePledges (or any of them), the Collateral Agent may on its own behalf and on behalf of the other Pledgees at any time thereafter avail itself of all rights and remedies that a pledgee has against a pledgor under the laws of the Federal Republic of Germany.

ENFORCEMENT OF THE PLEDGES. 6.1 If (i) an Enforcement Event has occurred and is continuing and (ii) the requirements set forth in Sections 1273 para 2, 1204 et seq. of the German Civil Code with regard to the enforcement of the Pledge Pledges are met (Pfandreife), in particular, if any of the Obligations has have become due and payable, then in order to enforce the PledgePledges, the Collateral Agent (acting on the instructions of the Secured Parties) may at any time thereafter avail itself of all rights and remedies that a pledgee has against a pledgor under the laws of the Federal Republic of Germany.

ENFORCEMENT OF THE PLEDGES. 6.1 7.1 If (i) an Enforcement Event has occurred and is continuing and (ii) the requirements set forth in Sections 1273 para 2, 1204 et seq. of the German Civil Code with regard to the enforcement of the Pledge are met (Pfandreife), in particular, if any of the Obligations has become due and payable, then in order to enforce the Pledge, the Collateral Agent Pledgee may at any time thereafter avail itself of all rights and remedies that a pledgee has against a pledgor under the laws of the Federal Republic of Germany.

ENFORCEMENT OF THE PLEDGES. 6.1 7.1 If (i) an Enforcement Event has occurred and is continuing and (ii) the requirements set forth in Sections 1273 para 2, 1204 et seq. of the German Civil Code with regard to the enforcement of any of the Pledge Pledges are met (Pfandreife), in particular, if any of the Obligations has become due and payable, then in order to enforce the PledgePledges (or any of them), the Collateral Agent may on its own behalf and on behalf of the other Pledgees at any time thereafter avail itself of all rights and remedies that a pledgee has against a pledgor under the laws of the Federal Republic of Germany.

ENFORCEMENT OF THE PLEDGES. 6.1 7.1 If (i) an Enforcement Event has occurred and is continuing and (ii) the requirements set forth in Sections 1273 para 2, 1204 et seq. of the German Civil Code with regard to the enforcement of any of the Pledge Pledges are met (Pfandreife), in particular, if any of the Obligations has become due and payable, then in order to enforce the PledgePledges (or any of them), the Collateral Agent Pledgee may at any time thereafter avail itself of all rights and remedies that a pledgee has against a pledgor under the laws of the Federal Republic of Germany.

ENFORCEMENT OF THE PLEDGES. 6.1 If (i) an Enforcement Event has occurred and is continuing and (ii) the requirements set forth in Sections 1273 para 2, 1204 et seq. of the German Civil Code with regard to the enforcement of the Pledge are met (Pfandreife), in particular, if any of the Obligations has have become due and payable, then in order to enforce the Pledge, Pledge the Collateral Agent (acting on the instructions of the Secured Parties) may at any time thereafter avail itself of all rights and remedies that a pledgee has against a pledgor under the laws of the Federal Republic of Germany.

ENFORCEMENT OF THE PLEDGES. 6.1 If (i) an Enforcement Event has occurred and is continuing and (ii) the requirements set forth in Sections 1273 para 2, 1204 et seq. of the German Civil Code with regard to the enforcement of the Pledge are met (Pfandreife), in particular, if any of the Obligations has become due and payable, then in order to enforce the Pledge, Pledge the Collateral Agent (acting on the instructions of the Secured Parties) may on its own behalf at any time thereafter avail itself of all rights and remedies that a pledgee has against a pledgor under the laws of the Federal Republic of Germany.

ENFORCEMENT OF THE PLEDGES. 6.1 If (i) an Enforcement Event has occurred and is continuing and (ii) provided that the requirements set forth in Sections 1273 para 2, 1204 et seq. of the German Civil Code with regard to the enforcement of any of the Pledge Pledges are met (Pfandreife), in particular, if any of the Secured Obligations has become due and payable, then in order to enforce the PledgePledges (or any of them), the Collateral Agent Pledgees may at any time thereafter avail itself themselves of all rights and remedies that a pledgee has against a pledgor under the laws of the Federal Republic of Germany.

ENFORCEMENT OF THE PLEDGES. 6.1 7.1 If (i) an Enforcement Event has occurred and is continuing and (ii) provided that the requirements set forth in Sections 1273 para 2, 1204 et seq. of the German Civil Code with regard to the enforcement of any of the Pledge Pledges are met (Pfandreife), in particular, if any of the Secured Obligations has become due and payable, then in order to enforce the PledgePledges (or any of them), any of the Collateral Agent Pledgees may at any time thereafter avail itself themselves of all rights and remedies that a pledgee has against a pledgor under the laws of the Federal Republic of Germany.

ENFORCEMENT OF THE PLEDGES. 6.1 If (i) an Enforcement Event has occurred and is continuing and (ii) the requirements set forth in Sections 1273 para 2, 1204 et seq. of the German Civil Code with regard to the enforcement of the Pledge Pledges are met (Pfandreife), in particular, if any of the Obligations has become due and payable, then in order to enforce the PledgePledges, the Collateral Agent (acting on the instructions of the Secured Parties) may at any time thereafter avail itself of all rights and remedies that a pledgee has against a pledgor under the laws of the Federal Republic of Germany.

ENFORCEMENT OF THE PLEDGES. 6.1 If (i) an Enforcement Event has occurred and is continuing and (ii) the requirements set forth in Sections 1273 para 2, 1204 et seq. of the German Civil Code with regard to the enforcement of the Pledge are met (Pfandreife), in particular, if any of the Obligations has become due and payable, then in order to enforce the Pledge, the Collateral Agent may at any time thereafter avail itself of all rights and remedies that a pledgee has against a pledgor under the laws of the Federal Republic of Germany.

ENFORCEMENT OF THE PLEDGES. 6.1 7.1 If (i) an Enforcement Event has occurred and is continuing and (ii) the requirements set forth in Sections 1273 para 2, 1204 et seq. of the German Civil Code with regard to the enforcement of the Pledge Pledges are met (Pfandreife), in particular, if any of the Obligations has become due and payable, then in order to enforce the PledgePledges, the Collateral Agent Pledgee may at any time thereafter avail itself of all rights and remedies that a pledgee has against a pledgor under the laws of the Federal Republic of Germany.

ENFORCEMENT OF THE PLEDGES. 6.1 7.1 If (i) an Enforcement Event has occurred and is continuing and (ii) provided that the requirements set forth in Sections 1273 para 2, 1204 et seq. of the German Civil Code with regard to the enforcement of any of the Pledge Pledges are met (Pfandreife), in particular, if any of the Secured Obligations has become due and payable, then in order to enforce the PledgePledges (or any of them), any of the Collateral Agent Pledgees, may at any time thereafter avail itself themselves of all rights and remedies that a pledgee has against a pledgor under the laws of the Federal Republic of Germany.