Common use of Enforcement Powers Clause in Contracts

Enforcement Powers. For the purpose of all rights and powers implied or granted by statute, the Secured Obligations are deemed to have fallen due on the date of this Debenture. The power of sale and other powers conferred by section 101 of the Law of Property Act 1925 and all other enforcement powers conferred by this Debenture (subject to the terms of the Intercreditor Agreement) shall be immediately exercisable at any time after (i) an Acceleration Event has occurred or (ii) a request from the Chargor to the Security Agent that it exercises any of its powers under this Debenture.

Appears in 2 contracts

Samples: eleiabidco.praterraines.co.uk, www.augeanplc.com

AutoNDA by SimpleDocs

Enforcement Powers. For the purpose of all rights and powers implied or granted by statute, the Secured Obligations are deemed to have fallen due on the date of this Debenture. The power of sale and other powers conferred by section 101 sections 38 and 39 of the Law of Property Act 1925 CLP and all other enforcement powers conferred by this Debenture (subject to the terms of the Intercreditor Agreement) shall be immediately exercisable at any time after (i) an Acceleration Event of Default has occurred or (ii) a request from notice demanding payment of any sum which is then due but unpaid in respect of the Chargor Secured Obligations have been given by the Chargee to the Security Agent that it exercises any of its powers under this DebentureChargor.

Appears in 1 contract

Samples: Consolidated Water Co LTD

Enforcement Powers. For the purpose of all rights and powers implied or granted by statute, the Secured Obligations are deemed to have fallen due on the date of this DebentureDeed. The power of sale and other powers conferred by section 101 of the Law of Property Act 1925 Xxx 0000 and all other enforcement powers conferred by this Debenture Deed (subject to the terms of the Intercreditor Agreement) shall be immediately exercisable at any time after (i) an Acceleration Event has occurred or (ii) a request from the Chargor to the Security Agent that it exercises any of its powers under this DebentureDeed.

Appears in 1 contract

Samples: Assignment Agreement

AutoNDA by SimpleDocs

Enforcement Powers. For the purpose of all rights and powers implied or granted by statute, the Secured Obligations are deemed to have fallen due on the date of this Debenture. The power of sale and other powers conferred by section 101 of the Law of Property Act 1925 and all other enforcement powers conferred by this Debenture (subject to the terms of the Intercreditor Agreement) shall be immediately exercisable at any time after (i) an Acceleration Event has occurred or (ii) a request from the Chargor to the Security Agent that it exercises any of its powers under this Debenture.

Appears in 1 contract

Samples: www.augeanplc.com

Time is Money Join Law Insider Premium to draft better contracts faster.