Enforcement Actions definition

Enforcement Actions means (1) the declaration of the termination of the Commitments, (2) the declaration of the principal of and any accrued interest and Fees in respect of all Loans and the Notes and all Obligations owing under the Credit Agreement, any other Credit Document or otherwise to be forthwith due and payable, (3) the termination of any Letter of Credit which may be terminated in accordance with its terms, (4) the enforcement of all of the Liens and security interests created pursuant to the Security Documents, (5) the enforcement of the Subsidiaries Guaranty, (6) the exercise of any and all other remedies available to the Secured Creditors under the Credit Agreement, any other Credit Document or otherwise or (7) any vote outside of any insolvency proceeding in favor of, or instruction to, or otherwise taking or failing to take any actions that would permit any Person to undertake any of the actions in foregoing clauses (1) through (6).

Enforcement Actions means such action as defined in the Enforcement Policy and Procedures.

Enforcement Actions as defined in Section 9(b).

Examples of Enforcement Actions in a sentence

• Notwithstanding anything to the contrary stated in any other term or provision of this Agreement, each Participant shall have the right at its sole discretion to decline to join in the other Participants’ Enforcement Actions, in which event the declining Participant shall not share in any of the monetary proceeds or any other things of value awarded to those Participants who joined in the Enforcement Actions.

• If Lender and Participants are unable to recover from Borrower the entire amount of fees, costs and expenses of all Enforcement Actions, then each Participant shall contribute to such portion as is not recovered from Borrower, ratably in accordance with its Participant Share.

• All Enforcement Actions under this Agreement and the other Loan Documents against the Loan Parties or any third party with respect to the Obligations or the Collateral may only be taken by Agent (at the direction of the Required Lenders or as otherwise permitted in this Agreement) or by its agents at the direction of Agent.

• Notwithstanding any other provision of this Agreement, no Secured Party other than the Collateral Agent shall have the right to take any Enforcement Action with respect to this Agreement and all such Enforcement Actions shall be effected solely through the Collateral Agent.

• Education Code 44.032 [See CH] Enforcement Actions Government Code Chapter 2269 may be enforced through an action for declaratory or injunctive relief filed not later than the tenth day after the date on which the contract is awarded.

More Definitions of Enforcement Actions

Enforcement Actions has the meaning set forth in Section 6.6(b).

Enforcement Actions or “Enforcement Purposes” means an action or purpose referred to in paragraph 10(a) of the IOSCO MMoU.

Enforcement Actions has the meaning set forth in Section 8.2.

Enforcement Actions means such action as defined in the Bank’s Enforcement Policy and Procedures.

Enforcement Actions shall have the meaning set forth in Section 3.1.

Enforcement Actions means (i) commencement or pursuit of any legal or other action or proceeding against any entity comprising the Company in order to collect any or all of the obligations under the Indentures, (ii) foreclosure or other realization on any or all of the Collateral (as defined in the Indentures), or appropriation, set-off and application to the payment of any or all of the obligations of the Company under the Indentures, and (iii) the taking of any other enforcement action or other exercise of any or all rights and remedies in order to collect any or all of the obligations under the Indentures or any other claims. As used herein, “Specified Defaults” means (i) an Event of Default (as defined in the Indentures) arising under the Indentures as a result of the failure to pay interest due with respect to the Secured Notes on January 1, 2017, and (ii) any and all Events of Default arising under the Indentures as a direct result of commencement of the Chapter 11 Cases in accordance with the terms of this Agreement, or the Company’s actions taken in accordance with the terms of this Agreement, the Plan, and the overall Restructuring. To the extent necessary and as reasonably requested by the Company, each Consenting Noteholder agrees to take any and all action required under the Indentures to direct or otherwise instruct the Indenture Trustee to forbear from the exercise of any and all Enforcement Actions relating to the Specified Defaults or as otherwise required for the consummation of the Restructuring and the Chapter 11 Plan as set forth herein, the Term Sheet, and the Plan. In addition, each of the Parties hereby agrees that, other than as expressly set forth in this Section 3(c), nothing in this Agreement, or the performance of any Consenting Noteholder of its obligations hereunder, constitutes or shall be deemed to constitute a waiver of any of the rights or remedies available to any Consenting Noteholder under the Indenture or the Secured Notes or, any applicable law, all of which are hereby reserved.

Enforcement Actions has the meaning set forth in the Convertible Notes Agreement.