Enforcement of Transaction Security Sample Clauses

Enforcement of Transaction Security. Rolled Loan Cash Collateral) or any requirement that any other provision is subject to Clause 3.2 (Rolled Loan – restrictions) may not be effected without the consent of each Pari Passu Note Trustee on behalf of the Pari Passu Noteholders in respect of which it is the Creditor Representative, the Pari Passu Lenders, the Intercreditor Agent and the Rolled Loan Facility Lender.

Enforcement of Transaction Security. The Transaction Security over the Mortgaged Property shall become enforceable (i) if there is an Event of Default pursuant to Condition 11(a) (Events of Default); or (ii) as otherwise provided in Clause 5.5 (Enforcement of Transaction Security) of the Principal Trust Deed.

Enforcement of Transaction Security. 1Enforcement Instructions The Transaction Security shall only be enforced by the Controlling Agent upon the instruction of the Instructing Group. No other Creditor shall have any independent power to enforce, or have recourse to, any of the Transaction Security or to exercise any right, power, authority or discretion arising under the Security Documents except through the Controlling Agent.

Enforcement of Transaction Security. Subject to Clauses 5.2 (Protective measures) and 5.4 (Amendments and release of Transaction Security), the Security Agent will only take any Security Enforcement Action at the request of and in accordance with the instructions of an Instructing Group, provided that if the Security Agent receives an instruction from the Transaction Warrant Holders pursuant to a Transaction Written Consent, it shall not be bound to take any Security Enforcement Action or any other action unless first indemnified and/or provided with security to its satisfaction against all liabilities, proceedings, claims and demands to which it may thereby become liable and all costs, charges and expenses which may be incurred by it in connection therewith and provided that the Security Agent shall not be held liable for the consequence of taking any such action and may take such action without having regard to the effect of such action on individual Transaction Warrant Holders or a Swap Counterpart.

Enforcement of Transaction Security. The Borrower waives, to the extent permitted by applicable law, any right it has to require:

Enforcement of Transaction Security. 10.1 Timing and manner of enforcement (a) The Transaction Security shall become enforceable immediately: (i) upon the occurrence and during the continuation of an Event of Default; or (ii) upon the appointment of a Receiver over any of the assets of the Company. (b) Without prejudice to any specific provisions contained in this Agreement, immediately after the Transaction Security has become enforceable, the Collateral Agent may in its absolute discretion enforce all or any part of the Transaction Security in any manner or order it sees fit or as the Lenders direct. (c) No Secured Party shall be liable to the Company for any loss arising from the manner in which the Collateral Agent or any other Secured Party enforces or refrains from enforcing the Transaction Security.

Enforcement of Transaction Security. 17.1 Timing and manner of enforcement (a) The Transaction Security shall become enforceable and the powers referred to in Clause 17.2 (Extension and variation of powers under the LPA 1925) shall become exercisable immediately: (i) upon the occurrence of an Enforcement Event; (ii) if a Chargor requests the Common Security Agent to exercise any of its powers under this Deed; (iii) upon the appointment of a Receiver; or (iv) if otherwise specified in any other provision of this Deed. (b) Notwithstanding paragraph (a) above, if the giving of any notice, notification or instruction, the making of any filing or the taking of any perfection step or similar is necessary or, in the reasonable opinion of the Common Security Agent, desirable for the purposes of perfecting any Transaction Security or protecting any right or remedy of any Secured Party under or in connection with this Deed, the Common Security Agent may take that action upon the occurrence of an Enforcement Event. (c) Without prejudice to any other provision of this Deed, immediately after the Transaction Security has become enforceable, the Common Security Agent may, in its absolute discretion and without notice to any Chargor or prior authorisation from any person, court or similar body: (i) enforce all or any part of the Transaction Security and require payment or transfer to it of any amounts, proceeds or other assets held on trust by a Chargor for its benefit; and (ii) exercise all or any of the powers, authorities and discretions conferred on the Common Security Agent: (A) by the Intercreditor Agreement and/or the other Debt Documents (including this Deed); or (B) otherwise by law on mortgagees, chargees or receivers (whether or not the Common Security Agent has appointed a Receiver) or administrators, in each case, at the times, in the manner and on the terms that it sees fit, or as otherwise directed in accordance with the terms of the Intercreditor Agreement and/or the other Debt Documents. (d) No Secured Party (and no agent, employee or officer of any Secured Party) shall be liable to any Chargor for any loss arising from the manner in which the Common Security Agent or any other Secured Party enforces or refrains from enforcing the Transaction Security, and any such person who is not a Party may rely on this paragraph (d) and enforce its terms under the Third Parties Act. (e) Without prejudice to any other provision of this Deed, upon and after the Transaction Security becoming enforceable, ...

Enforcement of Transaction Security. 1Enforcement instructions

Enforcement of Transaction Security. (a) The Security Agent may only take action to accelerate or enforce any Transaction Security in accordance with the terms of the Security Agent Agreement, the Terms and Conditions and the Transaction Security Documents. (b) Upon an enforcement of the Transaction Security or following receipt of any recovery after the occurrence of an insolvency event of the Issuer, the enforcement proceeds and any amount of recoveries will, pursuant to the Security Agent Agreement, be distributed towards discharge of the liabilities under these Terms and Conditions and the Bonds. (c) All Transaction Security or arrangement having similar effects may be released by the Security Agent, without the need for any further referral to or authority from anyone, upon any enforcement.

Enforcement of Transaction Security. (a) The Security Agent may only take action to accelerate or enforce any Transaction Security in accordance with the terms of the Transaction Security Documents and these Terms and Conditions. (b) All Transaction Security or arrangement having similar effects may be released by the Security Agent, without the need for any further referral to or authority from anyone, upon any enforcement provided that the proceeds are distributed in accordance with the provisions set out in these Terms and Conditions.