Common use of Exercise after Event of Default Clause in Contracts

Exercise after Event of Default. An Attorney must not exercise any Power under clause 9.2 until an Event of Default occurs but a breach of this clause 9.3 does not affect the validity of the Attorney’s act.

Appears in 3 contracts

Samples: Specific Security Agreement (Shares) (Discovery Energy Corp.), Specific Security Agreement (Shares) (Discovery Energy Corp.), Security Agreement (Legend International Holdings Inc)

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Exercise after Event of Default. An Attorney must not exercise any Power under clause 9.2 8.2 until an Event of Default occurs but a breach of this clause 9.3 8.3 does not affect the validity of the Attorney’s act.

Appears in 2 contracts

Samples: General Security Agreement (Discovery Energy Corp.), General Security Agreement (Discovery Energy Corp.)

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