Right to Take Possession, Exercise Rights, etc Sample Clauses

Right to Take Possession, Exercise Rights, etc. On the occurrence of an Event of Default, the Administrative Agent shall be entitled then or at any later time or times: (a) to exercise the power of sale and other powers conferred by Section 101 of the Law of Property Act, 1925 as varied or amended by this Charge Over Shares; (b) solely and exclusively to exercise all voting and/or consensual powers pertaining to the Charged Shares or any thereof and may exercise such powers in such manner as the Administrative Agent may think fit; (c) in connection with, or in order to facilitate, a sale of the Charged Shares, to remove the then existing Directors and Officers (with or without cause); and/or (d) to sell the Charged Shares or any part thereof at such place and in such manner and at such price or prices as the Administrative Agent may reasonably deem fit, and upon any such sale the Administrative Agent shall have the right to deliver, assign and transfer to each purchaser thereof the Charged Shares so sold.
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Right to Take Possession, Exercise Rights, etc. If the security constituted by this Deed has become enforceable, the Agent shall be entitled then or at any later time or times:
Right to Take Possession, Exercise Rights, etc. If the Security Interest constituted by this Deed has become enforceable, the Agent shall be entitled then or at any later time or times: (a) to exercise the powers possessed by it as assignee of any of the Secured Assets conferred by English law (being the governing law of this Deed) and by the law of any country or territory in which any Secured Asset is physically present or deemed to be sited, the courts of which have or claim any jurisdiction in respect of the Assignor or any Secured Asset; (b) to exercise any right forming part of the Secured Assets, including any right to terminate a Hedging Agreement; (c) to collect and require payment of any amount payable under, or the right to which is assigned or charged by, any Secured Asset or which otherwise forms part of the Secured Assets, and to take possession of any other Secured Asset; (d) to vary the terms of any Hedging Agreement, to enter into any arrangement of any kind connected with a Secured Asset, to replace, novate or terminate any Hedging Agreement and to release any person liable under any Hedging Agreement; (e) to sell, mortgage, exchange, invest or in any other way deal with any Secured Assets in any manner and for any consideration (including shares, notes or other securities); (f) to petition or apply for, or prove or claim in, any winding up, administration, bankruptcy or similar procedure in respect of any person having any liability under any Secured Asset; (g) to vote for or against and participate in, any composition, voluntary arrangement, scheme of arrangement or reorganisation of any person having a liability under any Secured Asset; (h) to employ the services of any lawyers or other experts or advisers of any type or description, whether or not similar to the foregoing; (i) to appoint all kinds of agents, whether to enforce or exercise any right under or in connection with any Secured Asset or for any other purpose; (j) to take over or commence or defend (if necessary using the name of the Assignor) any claims or proceedings relating to, or affecting, any Secured Asset which the Agent may think fit and to abandon, release or settle in any way any such claims or proceedings; and (k) generally, to enter into any transaction or arrangement of any kind and to do anything in relation to any Secured Asset which the Agent may think fit.
Right to Take Possession, Exercise Rights, etc. On the occurrence of an Event of Default, which is continuing the Lender shall be entitled then or at any later times or times: (a) to exercise any right forming part of the Owner’s Assigned Property, including any right to terminate the Bareboat Charter or the TBS Worldwide Time Charter or to withdraw the Ship from the Bareboat Charterer under the Bareboat Charter or from TBS Worldwide under the TBS Worldwide Charter; (b) to exercise any right forming part of the Bareboat Charterer’s Assigned Property, including any right to terminate the Pacific Rim Time Charter or to withdraw the Ship from Pacific Rim under the Pacific Rim Time Charter; (c) to exercise any right forming part of Pacific Rim’s Assigned Property, including any right to terminate the Owner’s Time Charter or to withdraw the Ship from the Owner under the Owner’s Time Charter;
Right to Take Possession, Exercise Rights, etc. On the occurrence of an Event of Default, which is continuing the Lender shall be entitled then or at any later times or times: (a) to exercise any right forming part of the Owner’s Assigned Property, including any right to terminate the Bareboat Charter or the TBS Worldwide Time Charter or to withdraw the Ship from the Bareboat Charterer under the Bareboat Charter or from TBS Worldwide under the TBS Worldwide Charter; (b) to exercise any right forming part of the Bareboat Charterer’s Assigned Property, including any right to terminate the Pacific Rim Time Charter or to withdraw the Ship from Pacific Rim under the Pacific Rim Time Charter; (c) to exercise any right forming part of Pacific Rim’s Assigned Property, including any right to terminate the Owner’s Time Charter or to withdraw the Ship from the Owner under the Owner’s Time Charter; (d) to exercise any right forming part of TBS Worldwide’s Assigned Property, including any right to terminate any of the TBS Trip Time Charters or to withdraw the Ship from the charterers under the TBS Trip Time Charters; (e) to terminate the Bareboat Charter by notice to the Owner and the Bareboat Charterer, which notice shall operate to terminate the Bareboat Charter forthwith if the Ship is then in port and free of cargo or otherwise upon completion of the voyage (including discharge of cargo, if any) upon which the Ship was engaged at the time when the notice to terminate was given; (f) to terminate the Pacific Rim Time Charter by notice to the Bareboat Charterer and Pacific Rim, which notice shall operate to terminate the Pacific Rim Time Charter forthwith if the Ship is then in port and free of cargo or otherwise upon completion of the voyage (including discharge of cargo, if any) upon which the Ship was engaged at the time when the notice to terminate was given; (g) to terminate the Owner’s Time Charter by notice to the Owner and Pacific Rim, which notice shall operate to terminate the Owner’s Time Charter forthwith if the Ship is then in port and free of cargo or otherwise upon completion of the voyage (including discharge of cargo, if any) upon which the Ship was engaged at the time when the notice to terminate was given; (h) to terminate the TBS Worldwide Time Charter by notice to TBS Worldwide and the Owner, which notice shall operate to terminate the TBS Worldwide Time Charter forthwith if the Ship is then in port and free of cargo or otherwise upon completion of the voyage (including discharge of cargo, if a...

Related to Right to Take Possession, Exercise Rights, etc

  • Right to Opt Out If you do not wish to agree to arbitrate all Disputes in accordance with the terms and conditions of this section, you must advise us in writing at the following address by either hand delivery or a letter postmarked within thirty (30) days following the date you enter into this Agreement. You may opt-out without affecting your application or cardholder status.

  • Holder’s Right to Receive Notice Nothing herein shall be construed as conferring upon the Holders the right to vote or consent or to receive notice as a shareholder for the election of directors or any other matter, or as having any rights whatsoever as a shareholder of the Company. If, however, at any time prior to the expiration of the Purchase Warrants and their exercise, any of the events described in Section 8.2 shall occur, then, in one or more of said events, the Company shall give written notice of such event at least fifteen days prior to the date fixed as a record date or the date of closing the transfer books for the determination of the shareholders entitled to such dividend, distribution, conversion or exchange of securities or subscription rights, or entitled to vote on such proposed dissolution, liquidation, winding up or sale. Such notice shall specify such record date or the date of the closing of the transfer books, as the case may be. Notwithstanding the foregoing, the Company shall deliver to each Holder a copy of each notice given to the other shareholders of the Company at the same time and in the same manner that such notice is given to the shareholders.

  • Right to Grieve Where an employee feels that she has been aggrieved by a decision of the Employer related to promotion, demotion or transfer, the employee may grieve the decision at Step 3 of the grievance procedure in Article 9 of this Agreement within seven (7) days of being notified of the results.

  • Xxxxxx’s Right to Transfer If all of the Shares proposed in the Notice to be transferred to a given Proposed Transferee are not purchased by the Company and/or its assignee(s) as provided in this Section 5, then the Holder may sell or otherwise transfer such Shares to that Proposed Transferee at the Offered Price or at a higher price, provided that such sale or other transfer is consummated within one hundred and twenty (120) days after the date of the Notice, that any such sale or other transfer is effected in accordance with any applicable securities laws and that the Proposed Transferee agrees in writing that the provisions of this Section 5 shall continue to apply to the Shares in the hands of such Proposed Transferee. If the Shares described in the Notice are not transferred to the Proposed Transferee within such period, a new Notice shall be given to the Company, and the Company and/or its assignees shall again be offered the Right of First Refusal before any Shares held by the Holder may be sold or otherwise transferred.

  • Termination of the Right to Use Upon termination of this Addendum for any reason, any right to use the System and access to the Data Access Services shall terminate and the Fund shall immediately cease use of the System and the Data Access Services. Immediately upon termination of this Addendum for any reason, the Fund shall return to State Street all copies of documentation and other Proprietary Information in its possession; provided, however, that in the event that either party terminates this Addendum or the Custodian Agreement for any reason other than the Fund’s breach, State Street shall provide the Data Access Services for a period of time and at a price to be agreed upon in writing by the parties.

  • Right to Occupy This Contract is for an assigned Space in University Housing and not for a specific accommodation, Unit or Building. It is UHRL’s agreement to provide Resident with access to a Space in University Housing for residential purposes, together with any installed fixtures and provided furnishings, plus shared use of their Unit and of the Building common areas. This Contract is not a lease or license and does not create any property interest or tenancy rights in any Building or in any particular Unit or Space.

  • Right to Purchase Section 11.23

  • Contract Remedies and Early Termination 15 9.1 CONTRACT REMEDIES 15 9.2 TERMINATION FOR CONVENIENCE 16 9.3 TERMINATION FOR CAUSE 16 9.4 COSTS 16

  • Access Rights Upon reasonable notice and supervision by the Granting Party, and subject to any required or necessary regulatory approvals, either the Connecting Transmission Owner or Developer (“Granting Party”) shall furnish to the other of those two Parties (“Access Party”) at no cost any rights of use, licenses, rights of way and easements with respect to lands owned or controlled by the Granting Party, its agents (if allowed under the applicable agency agreement), or any Affiliate, that are necessary to enable the Access Party to obtain ingress and egress at the Point of Interconnection to construct, operate, maintain, repair, test (or witness testing), inspect, replace or remove facilities and equipment to: (i) interconnect the Large Generating Facility with the New York State Transmission System; (ii) operate and maintain the Large Generating Facility, the Attachment Facilities and the New York State Transmission System; and (iii) disconnect or remove the Access Party’s facilities and equipment upon termination of this Agreement. In exercising such licenses, rights of way and easements, the Access Party shall not unreasonably disrupt or interfere with normal operation of the Granting Party’s business and shall adhere to the safety rules and procedures established in advance, as may be changed from time to time, by the Granting Party and provided to the Access Party. The Access Party shall indemnify the Granting Party against all claims of injury or damage from third parties resulting from the exercise of the access rights provided for herein.

  • BUYER’S RIGHT TO CANCEL If after completion of an appraisal by a licensed appraiser, Buyer receives written notice from the Lender or the appraiser that the Property has appraised for less than the Purchase Price (a “Notice of Appraised Value”), Buyer may cancel the REPC by providing written notice to Seller (with a copy of the Notice of Appraised Value) no later than the Financing & Appraisal Deadline referenced in Section 24(c); whereupon the Xxxxxxx Money Deposit shall be released to Buyer without the requirement of further written authorization from Seller.

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