Examples of Enforcement Event in a sentence
If and when an Enforcement Event has occurred and, in addition, the requirements set forth in Sec.
If any Enforcement Event occurs you authorise us to disclose any information about you to any agency for the purposes of debt collection or to any credit agency who may in turn release that information to other customers.
The Assignor shall promptly upon the occurrence of the Enforcement Event notify each of its respective Third Party Debtors of the assignment constituted hereunder substantially in the form set out in Schedule 2 (Form of Notification Letter) (the "Notification Letter"), and shall send a copy of each Notification Letter dispatched to a Third Party Debtor to the Collateral Agent.
Prior to the delivery of written notice from the Collateral Agent to the Assignor upon or after occurrence of an Enforcement Event, the Pledgor shall be authorized to exercise all rights and powers in respect of each of its Bank Accounts (including withdrawals from any such Bank Account) without limitation in the ordinary course of its business (such authorization hereinafter referred to as the "Authorization").
The Collateral Agent xxxxxx accepts such assignment and authorizes the Assignor, at all times prior to delivery of a written notice to the Assignor by the Collateral Agent upon or after the occurrence of an Enforcement Event, to exercise the rights assigned to the Collateral Agent pursuant to this Clause 3.