Common use of Security Realization Clause in Contracts

Security Realization. if creditors of the Borrower or a Designated Subsidiary having a Security Interest against or in respect of the property and assets thereof, or any part thereof, (other than Non-Recourse Assets) realize upon or enforce any such security against such property and assets or any part thereof having an aggregate fair market value in excess of 2.5% of Consolidated Shareholders’ Equity and such realization or enforcement shall continue in effect and not be released, discharged or stayed for more than 30 Banking Days;

Security Realization. if creditors of the Borrower or a Designated Subsidiary having a Security Interest against or in respect of the property and assets thereof, or any part thereof, (other than Non-Non- Recourse Assets) realize upon or enforce any such security against such property and assets or any part thereof having an aggregate fair market value in excess of 2.5% of Consolidated Shareholders’ Equity and such realization or enforcement shall continue in effect and not be released, discharged or stayed for more than 30 Banking Days;