Powers of the Chargee Sample Clauses

Powers of the Chargee. 13 9. When security becomes enforceable ........................................................................... 15 10.
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Powers of the Chargee. 8.1 Power to remedy (a) The Chargee shall be entitled (but shall not be obliged) to remedy, at any time, a breach by the Chargor of any of its obligations contained in this Deed.
Powers of the Chargee. The powers conferred by this Debenture in relation to the Charged Property or any part thereof on the Chargee shall be in addition to and not in substitution for the powers conferred on pledgees, mortgagees and/or chargees by law, which shall apply to the security created by this Debenture except insofar as they are expressly or impliedly excluded. Where there is any ambiguity or conflict between the powers conferred on the pledgees, mortgagees and/or chargees by law and those conferred by this Debenture as aforesaid or where these powers or protections in this Debenture are more extensive or less restrictive than those provided by law, then the terms of this Debenture shall prevail to the extent permitted by law.
Powers of the Chargee 

Related to Powers of the Chargee

  • POWERS OF MANAGERS The Managers are authorized to make all decisions regarding the Company’s operations and legal affairs, including but not limited to (a) the sale, development, lease or other disposition of the Company's assets; (b) the purchase or other acquisition of other assets of all kinds; (c) the management of all or any part of the Company's assets; (d) the borrowing of money and the granting of security interests in the Company's assets; (e) the pre-payment, refinancing or extension of any loan affecting the Company's assets; (f ) the compromise or release of any of the Company's claims or debts; and, (g) the employment of persons, firms or corporations for the operation and management of the Company's business. Managers are authorized to execute and deliver (a) all contracts, conveyances, assignments leases, sub-leases, franchise agreements, licensing agreements, management contracts and maintenance contracts covering or affecting the Company's assets; (b) all checks, drafts and other orders for the payment of the Company's funds; (c) all promissory notes, loans, security agreements and other similar documents; and, (d) all other instruments of any other kind relating to the Company's business.

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