Common use of PARTIAL ENFORCEMENT Clause in Contracts

PARTIAL ENFORCEMENT. The Security Agent shall have the right, pursuant to the procedures set forth in Clause 5 (Remedies upon Default) of this Agreement, to request enforcement of all or part of the Pledge in its most absolute discretion. In particular, the Security Agent shall, in its most absolute discretion, be entitled to enforce the Pledge over all or part of the Pledged Account Claims only and/or over all or part of the Pledged Securities only. No action, choice or absence of action in this respect, or partial enforcement, shall in any manner affect the Pledge as it then shall be. The security interest/pledge thereover shall continue to remain in full and valid existence until the Security Agent releases the Pledges in accordance with Clause 9.

PARTIAL ENFORCEMENT. The Security Agent shall have the right, pursuant to the procedures set forth in Clause 5 (Remedies upon Default) of this Agreement, to request enforcement of all or part of the Pledge in its most absolute discretion. In particular, the 148 Security Agent shall, in its most absolute discretion, be entitled to enforce the Pledge over all or part of the Pledged Account Claims only and/or over all or part of the Pledged Securities only. No action, choice or absence of action in this respect, or partial enforcement, shall in any manner affect the Pledge as it then shall be. The security interest/pledge thereover shall continue to remain in full and valid existence until the Security Agent releases the Pledges in accordance with Clause 9.

PARTIAL ENFORCEMENT. The Security Agent shall have the right, pursuant to the procedures set forth in Clause 5 (Remedies upon Default) of this Agreement, to request enforcement of all or part of the Pledge in its most absolute discretion. In particular, the 152 Security Agent shall, in its most absolute discretion, be entitled to enforce the Pledge over all or part of the Pledged Account Claims only and/or over all or part of the Pledged Securities only. No action, choice or absence of action in this respect, or partial enforcement, shall in any manner affect the Pledge as it then shall be. The security interest/pledge thereover shall continue to remain in full and valid existence until the Security Agent releases the Pledges in accordance with Clause 9.