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 Deed. 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 Deed shall be immediately exercisable at any time after an Enforcement Event has occurred.

Appears in 1 contract

Samples: Glencore International Ag

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Enforcement Powers. For the purpose of all rights and powers implied or granted by statute, the Secured Obligations are deemed to have fallen due and payable on the date of this Deed. The power of sale and other powers conferred by section 101 of the Law of Property Act 1925 Xxx 0000 as varied and all other enforcement powers conferred extended by this Deed shall be immediately exercisable at any time after an Enforcement Event has occurredarise on the date of this Deed.

Appears in 1 contract

Samples: Credit Agreement (Appleton Papers Inc/Wi)

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 Deed provided that such rights and powers may not be exercised prior to an Acceleration Event which is continuing, unless expressly stated otherwise in this Deed. 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 Deed shall be immediately exercisable at any time after an Enforcement Acceleration Event has occurredoccurred and is continuing.

Appears in 1 contract

Samples: entaingroup.com

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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 Deed. 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 Deed shall be immediately exercisable at any time after (i) an Enforcement Acceleration Event has occurredoccurred or (ii) a request from the Chargor to the Security Agent that it exercises any of its powers under this Deed.

Appears in 1 contract

Samples: Assignment Agreement

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