Power to remedy. If at any time the Chargor does not comply with any of its obligations under this Deed, the Lender (without prejudice to any other rights arising as a consequence of such non-compliance) shall be entitled (but not bound) to rectify that default. The Chargor irrevocably authorises the Lender and its employees and agents by way of security to do all things which are necessary or desirable to rectify that default.
Appears in 6 contracts
Samples: Debenture (Borqs Technologies, Inc.), Debenture (Borqs Technologies, Inc.), Debenture (Borqs Technologies, Inc.)
Power to remedy. If at any time the Chargor does not comply with any of its obligations under this Deed, the Lender Security Agent (without prejudice to any other rights arising as a consequence of such non-compliance) shall be entitled (but not bound) to rectify that default. The Chargor irrevocably authorises the Lender Security Agent and its employees and agents by way of security to do all things which are necessary or desirable to rectify that default.
Appears in 1 contract
Power to remedy. If at any time the Chargor does not comply with any of its obligations under this Deed, the Lender Bondholder (without prejudice to any other rights arising as a consequence of such non-compliance) shall shall, following the occurrence of an Event of Default, be entitled (but not bound) to rectify that default. The Chargor irrevocably authorises the Lender Bondholder and its officers, employees and agents by way of security to do all such things which are necessary or desirable to rectify that default.
Appears in 1 contract
Samples: Assignment Agreement (Global Pharm Holdings Group, Inc.)
