Restriction on Enforcement of Security Sample Clauses

Restriction on Enforcement of Security. Non-petition and Limited Recourse
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Restriction on Enforcement of Security. Non-petition and Limited Recourse), 24 (Exercise of Rights and Remedies and Waiver), 25 (Partial Invalidity), 26 (Further Assurance), 27 (Continuation of Obligations), 28 (Confidentiality), 29 (Third Party Rights), 30 (The Security Trustee as a Party) and 31 (Counterparts) of the Receivables Purchase Agreement shall apply mutatis mutandis to this Agreement as if set out in full herein.
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Restriction on Enforcement of Security. In respect of the Secured Notes, only the Security Trustee may pursue the remedies available under the general law or under the Principal Trust Deed, Supplemental Trust Deed or Security Documents (if any) to enforce the Security and the Custodian shall not be entitled to proceed directly against the Issuer to enforce the Security. The Custodian agrees with and acknowledges to each of the Issuer and the Security Trustee, and the Security Trustee agrees with and acknowledges to the Issuer, that:
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Restriction on Enforcement of Security. Only the Trustee may pursue the remedies available under the general law or under the Security Documents to enforce the Security for a Series and the Custodian shall not be entitled to proceed directly against the Issuer to enforce the Security. The Custodian agrees with and acknowledges to each of the Issuer and the Trustee, and the Trustee agrees with and acknowledges to the Issuer, that:
Sample 1
Restriction on Enforcement of Security. In respect of each Series of Notes, only the Trustee may pursue the remedies available under the general law or under the Security Documents to enforce the Security and the Custodian shall not be entitled to proceed directly against the Trustee to enforce the Security, unless otherwise permitted by the Issue Documents. The Custodian agrees with and acknowledges to each of the Issuer and the Trustee, and the Issuer agrees with and acknowledges to the Trustee, that in respect of each Series of Notes, any outstanding fees payable by the Issuer under this Agreement in respect of such Series of Notes shall be payable from the Realisation Proceeds held by the Trustee in relation to such Series of Notes, in accordance with the applicable order of priority as specified in the Conditions and the applicable Issue Terms. The Issuer shall remain liable for any shortfall in relation to such outstanding fees relating to a Series of Notes and the Custodian agrees that it shall not have recourse to the Realisation Proceeds in respect of any other Series of Notes for the payment of such shortfall.
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Related to Restriction on Enforcement of Security

  • Provision of Security At least thirty (30) Calendar Days prior to the commencement of the procurement, installation, or construction of a discrete portion of a Connecting Transmission Owner’s Attachment Facilities, Developer shall provide Connecting Transmission Owner, at Developer’s option, a guarantee, a surety bond, letter of credit or other form of security that is reasonably acceptable to Connecting Transmission Owner and is consistent with the Uniform Commercial Code of the jurisdiction identified in Article 14.2.1 of this Agreement. Such security for payment shall be in an amount sufficient to cover the cost for the Developer’s share of constructing, procuring and installing the applicable portion of Connecting Transmission Owner’s Attachment Facilities, and shall be reduced on a dollar-for-dollar basis for payments made to Connecting Transmission Owner for these purposes. In addition:

  • Limitation on Payment of Funds Despite section A4.1:

  • Grant of Security Interest All Cash Collateral (other than credit support not constituting funds subject to deposit) shall be maintained in blocked, non-interest bearing deposit accounts with the Administrative Agent. The Borrower, and to the extent provided by any Lender or Defaulting Lender, such Lender or Defaulting Lender, hereby grants to (and subjects to the control of) the Administrative Agent, for the benefit of the Administrative Agent, the Issuing Lender and the L/C Lenders, and agrees to maintain, a first priority security interest and Lien in all such Cash Collateral and in all proceeds thereof, as security for the Obligations to which such Cash Collateral may be applied pursuant to Section 3.10(c). If at any time the Administrative Agent determines that Cash Collateral is subject to any right or claim of any Person other than the Administrative Agent or any Issuing Lender as herein provided, or that the total amount of such Cash Collateral is less than 105% of the applicable L/C Exposure, Fronting Exposure and other Obligations secured thereby, the Borrower or the relevant Lender or Defaulting Lender, as applicable, will, promptly upon demand by the Administrative Agent, pay or provide to the Administrative Agent additional Cash Collateral in an amount sufficient to eliminate such deficiency (after giving effect to any Cash Collateral provided by such Defaulting Lender).

  • Creation of Security Interest Notwithstanding any other provision set forth in this Agreement, the Note, the Mortgage or any of the other Loan Documents, Lender may at any time create a security interest in all or any portion of its rights under this Agreement, the Note, the Mortgage and any other Loan Document (including the advances owing to it) in favor of any Federal Reserve Bank in accordance with Regulation A of the Board of Governors of the Federal Reserve System.

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