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: Securities Purchase Agreement (Discovery Energy Corp.), Specific Security Agreement (Discovery Energy Corp.), Security Agreement (Legend International Holdings Inc)
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: Securities Purchase Agreement (Discovery Energy Corp.), Securities Purchase Agreement (Discovery Energy Corp.)