Time for Enforcement Sample Clauses

Time for Enforcement. On and at any time after the occurrence of a Relevant Event (which is continuing) or if a petition or application is presented for the making of an administration order in relation to the Chargor or if any person gives written notice of its intention to appoint an administrator of the Chargor or files such a notice with the court, the security created by or pursuant to this Charge is immediately enforceable and the Secured Party may, without notice to the Chargor or prior authorisation from any court, in its absolute discretion:
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Time for Enforcement. The security hereby created shall become immediately enforceable upon the non-payment of the Debt or any part of it and thereupon any sum payable under this Pledge Agreement shall become immediately due and payable.
Time for Enforcement. If an Enforcement Event has occurred and is continuing, or if a petition or application is presented for the making of an administration order in relation to the Company, or if any person who is entitled to do so gives written notice of its intention to appoint an administrator of the Company or files such a notice with the court or is requested to do so by the Company, save to the extent that such petition, application, notice or filing is not made by a member of the Group or any director of any member of the Group and is frivolous or vexatious and is stayed, dismissed or withdrawn within 4 Business Days of such petition, application, notice or filing being made, the security created by or pursuant to this Agreement is immediately enforceable and the Collateral Agent may, without notice to the Company or prior authorisation from any court, in its absolute discretion and shall, if so instructed by the Applicable Representative:
Time for Enforcement. On and at any time after the occurrence of a Funding 2 Collateralised GIC Enforcement Event, the Security created by or pursuant to this Agreement shall be immediately enforceable and Funding 2 or, following the delivery of an Master Intercompany Loan Acceleration Notice, the Funding 2 Security Trustee may, following written notice to the Eligible GIC Custodian and the Funding 2 Collateralised GIC Account Bank, but without prior authorisation from any court, in its absolute discretion but provided it is in compliance with the provisions of the Eligible Custody Agreement:
Time for Enforcement. It is not necessary for the State to incur any expense or make any payment before enforcing a right of indemnity in accordance with this Agreement.
Time for Enforcement. If an Enforcement Event has occurred and is continuing or if a petition or application is presented for the making of a winding-up order in relation to the Chargor or if any person who is entitled to do so gives written notice of its intention to appoint an administrator of the Chargor or files such a notice with the court or is requested to do so by the Chargor, save to the extent that such petition, application, notice or filing is not made by a member of the Group or any director of any member of the Group and is frivolous or vexatious and is stayed, dismissed or withdrawn within 4 Business Days of such petition, application, notice or filing being made the security created by or pursuant to this Agreement is immediately enforceable and the Collateral Agent may, without notice to the Chargor or prior authorisation from any court, subject to applicable laws, in its absolute discretion or shall, if so instructed by the Applicable Representative and if indemnified and/or secured and/or prefunded to its satisfaction:
Time for Enforcement. On and at any time after the failure of the Chargor to comply with its obligations under Clause 18, including Clause 18.2.2, of the Management Agreement or if the Chargor requests the Chargee to exercise any of its powers under this Agreement or if a petition or application is presented for the making of a judicial management in relation to the Chargor or if any person gives written notice of its intention to appoint a judicial manager of the Chargor or files such a notice with the court, the security created by or pursuant to this Agreement is immediately enforceable and the Chargee may, without notice to the Chargor or prior authorisation from any court, in its absolute discretion:
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Time for Enforcement. On and at any time after the occurrence of an Event of Default (which is continuing) or if the Chargor requests the Security Trustee to exercise any of its powers under this Agreement or if a petition or application is presented for the making of an administration order (or its equivalent in the jurisdiction in which the Chargor is incorporated) in relation to the Chargor or if any person gives written notice of its intention to appoint an administrator (or its equivalent in the jurisdiction in which the Chargor is incorporated) of the Chargor or files such a notice with the court, the security created by or pursuant to this Agreement is immediately enforceable and the Secured Party may, without notice to the Chargor or prior authorisation from any court, in its absolute discretion:
Time for Enforcement. This Security shall become immediately enforceable if (i) an Event of Default has occurred and is continuing; and (ii) the Mortgagor, the Holding Company or any Group Company (as the case may be) fails to cure such Event of Default within fifteen (15) days upon its receipt of the written notice issued by the Secured Party requesting the rectification of an Event of Default. After this Security has become enforceable, the Secured Party may in its absolute discretion enforce all or any part of this Security in any manner it sees fit (including, for the avoidance of doubt and for the purposes of section 66(A) of the BVI Companies Act (as amended), those powers listed in section 66(5)).”
Time for Enforcement. This Security shall become immediately enforceable if (i) an Event of Default has occurred and is continuing; and (ii) Jin Guangjie, the Mortgagor, or any Group Company (as the case may be) fails to cure such Event of Default within fifteen (15) days upon its receipt of the written notice issued by the Secured Party requesting the rectification of an Event of Default. After this Security has become enforceable, the Secured Party may in its absolute discretion enforce all or any part of this Security in any manner it sees fit.”
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