Enforcement Time definition

Enforcement Time means any time at which an Event of Default has occurred and is continuing.
Sample 1Sample 2Sample 3
Enforcement Time means the date on which the Lender gives notice (in whatever form) of the occurrence of any breach or default (however described) by any Obligor or any other person (other than a Chargee) under or in connection with the Facility or the Facility Letter or any other documents in connection therewith, and the Lender either (i) makes a demand for repayment of the Facility or (ii) takes any step to enforce any of the Property Security;
Sample 1Sample 2
Enforcement Time means any time at which an Event of Default has happened and is continuing. Officer, in relation to a Person, means any officer, employee or agent of that Person.
Sample 1Sample 2

Examples of Enforcement Time in a sentence

  • The Chargee may enforce the Chargee Security at any time which is an Enforcement Time or if the Chargor requests it to do so.

  • This may be done on one or more occasion, but only (a) during an Enforcement Time or (b) if the Chargee reasonably considers that its security over the assets concerned is in jeopardy and that it is necessary to do so to protect or preserve its security.

  • This provision is modelled on Article 101(1) of the German copyright law.

  • The Pledgor and the Pledgee agree that the Company is hereby directed (and the Company, by countersigning this Pledge Agreement, accepts), during an Enforcement Time after prior written notification to the Pledgor and the Company referred to in clause 6.2.(b) to make direct payment of all such dividends and other distributions to the Pledgee.

  • During an Enforcement Time, the Pledgee shall be entitled to enforce the Pledge.

  • Subject to clause 2, during an Enforcement Time the Pledgee shall be entitled to enforce the Pledge in the most favourable manner provided for by the Collateral Law and without having regard to the interest of any Pledgor or any Debtor.

  • Subject to clause 2, during an Enforcement Time, the Pledgee shall be entitled to enforce immediately the Pledge in the most favourable manner provided for by Collateral Law and without having regard to the interests of the Pledgor or the Debtor.

  • Findings: The Utah/EPA Enforcement Agreement, and July 3, 2002 Inspection and Enforcement Time Frames letter from EPA to DSHW specifies that inspection reports shall be completed within 45 days from the last date of physical presence on site.

  • Interpretation and Enforcement Time of Effectiveness..............................................

  • The Pledgee shall be entitled, during an Enforcement Time, to request the Pledgor to appoint the Pledgee (with full power of substitution) as the Pledgor’s irrevocable proxy, which the Pledgor hereby expressly accepts and acknowledges, to represent the Pledgor at one or more shareholders’ meetings and to exercise the voting rights in any manner the Pledgee deems fit for the purpose of protecting and/or enforcing its rights under the Pledge Agreement.


More Definitions of Enforcement Time

Enforcement Time means any time at which an Event of Default has happened and is continuing.
Sample 1Sample 2
Enforcement Time means any time at which an Event of Default has occurred and is continuing. Luxembourg means the Grand Duchy of Luxembourg. Pledge means the security interest over the Shares created and constituted by, and in accordance with, this Pledge Agreement. Secured Obligations has the meaning ascribed to that term in the US Collateral Agreement. Secured Parties has the meaning ascribed to that term in the US Collateral Agreement. Shares means:
Sample 1
Enforcement Time means any time at which an Event of Default has occurred and is continuing. PayPal Agreement means that certain PayPal payment processing agreement for merchant service dated as of 15 November 2009, between the Pledgor and the Debtor (including, for the avoidance of doubt, the user agreement for PayPal services in a version dated 14 October 2009 (the “User Agreement”).
Sample 1
Enforcement Time means any time at which you are entitled to enforce your rights as mortgagee under the terms of any Mortgage.
Sample 1
Enforcement Time means any time following Automatic Acceleration and the receipt by the Security Trustee of a Special Decision of the Majority Secured Creditors approving the taking of Enforcement Action in relation to any Obligor pursuant to clause 7.1 (Permitted Enforcement) of the Intercreditor Agreement (each term as defined therein).
Sample 1
Enforcement Time term means the duration of time between the start and the completion of the enforcement procedure. The totality of the time necessary to perform all the actions performed by the enforcement agent must be consistent with a reasonable delay.218
Sample 1

Related to Enforcement Time

  • Enforcement Date means the first date (if any) on which a Super Senior Creditor takes enforcement action of the type described in paragraphs (a)(i), (a)(iii), (a)(iv) or (c) of the definition of “Enforcement Action” in accordance with the terms of this Agreement.

  • Enforcement Period means the period of time following the receipt by either the ABL Agent or the Term Agent of an Enforcement Notice from the other and continuing until the earliest of (a) in the case of an Enforcement Period commenced by the Term Agent, the Discharge of Term Obligations, (b) in the case of an Enforcement Period commenced by the ABL Agent, the Discharge of ABL Obligations, or (c) the ABL Agent or the Term Agent (as applicable) terminates, or agrees in writing to terminate, the Enforcement Period.

  • Enforcement agency means any agency granted authority to enforce the Federal labor laws. It includes the enforcement components of DOL (Wage and Hour Division, Office of Federal Contract Compliance Programs, and Occupational Safety and Health Administration), the Equal Employment Opportunity Commission, the Occupational Safety and Health Review Commission, and the National Labor Relations Board. It also means a State agency designated to administer an OSHA-approved State Plan, but only to the extent that the State agency is acting in its capacity as administrator of such plan. It does not include other Federal agencies which, in their capacity as contracting agencies, conduct investigations of potential labor law violations. The enforcement agencies associated with each labor law under E.O. 13673 are–

  • enforcement order means an administrative requirement issued by the department under the authority of RCW 90.48.120 that directs a public body to complete a specified course of action within an explicit period to achieve compliance with the provisions of chapter 90.48 RCW.

  • Enforcement Rule means the HIPAA Administrative Simplification: Enforcement; Final Rule at 45 CFR Parts 160 and 164.

  • Enforcement Costs means court expenses, reasonable attorney fees of the attorney general, and other reasonable expenses of an executive department that are incurred in relation to enforcement under this part.

  • Enforcement Director means the Assistant Director of the Office of Enforcement for the Bureau of Consumer Financial Protection, or his or her delegate.

  • Enforcement Expenses shall include all reasonable attorneys’ fees, court costs, transcript costs, fees of experts, travel expenses, duplicating costs, printing and binding costs, telephone charges, postage, delivery service fees, and all other out-of-pocket disbursements or expenses of the types customarily incurred in connection with an action to enforce indemnification or advancement rights, or an appeal from such action. Expenses, however, shall not include fees, salaries, wages or benefits owed to Indemnitee.

  • Enforcement Event means an Event of Default.

  • Enforcement Proceeds means the gross proceeds from the realisation of Vehicles in respect of Purchased Receivables and from the enforcement of any other Ancillary Rights.

  • Enforcement Notice means a written notice delivered, at a time when an ABL Default or Note Default has occurred and is continuing, by either the ABL Agent or the Notes Agent to the other announcing that an Enforcement Period has commenced, specifying the relevant event of default, stating the current balance of the ABL Obligations or the Note Obligations, as applicable, and requesting the current balance of the ABL Obligations or Note Obligations, as applicable, owing to the noticed party.

  • Enforcement Committee means a committee consisting of representatives of the Settling States and of the Participating Subdivisions. Exhibit B contains the organizational bylaws of the Enforcement Committee. Notice pursuant to subsection XVI.P shall be provided when there are changes in membership or contact information.

  • Enforcement Action means any action to enforce any Obligations or Loan Documents or to exercise any rights or remedies relating to any Collateral (whether by judicial action, self-help, notification of Account Debtors, exercise of setoff or recoupment, exercise of any right to vote or act in a Loan Party’s Insolvency Proceeding, or otherwise), in each case solely to the extent permitted by the Loan Documents.

  • enforcement authority means any person or body having jurisdiction to enforce or to take action under or in respect of the relevant legal requirement.

  • Enforcement Officer means a person authorised to carry out enforcement duties under Chapter 3 of the 2009 Act;

  • Trust Enforcement Event in respect of the Securities means an Indenture Event of Default has occurred and is continuing in respect of the Debentures.

  • Enforcement Official means the Director of Public Works or his or her designee.

  • Law enforcement agency means the same as that term is defined in Section 53-1-102.

  • Enforcement means KDE takes steps to ensure federal and state special education requirements are implemented.

  • law enforcement means the prevention, detection or investigation of terrorist offences or other serious criminal offences;

  • Non-Controlling Authorized Representative Enforcement Date means, with respect to any Non-Controlling Authorized Representative, the date which is 180 days (throughout which 180 day period such Non-Controlling Authorized Representative was the Major Non-Controlling Authorized Representative) after the occurrence of both (i) an Event of Default (under and as defined in the Other First-Priority Agreement under which such Non-Controlling Authorized Representative is the Authorized Representative) and (ii) the Controlling Authorized Representative’s and each other Authorized Representative’s receipt of written notice from such Non-Controlling Authorized Representative certifying that (x) such Non-Controlling Authorized Representative is the Major Non-Controlling Authorized Representative and that an Event of Default (under and as defined in the Other First-Priority Agreement under which such Non-Controlling Authorized Representative is the Authorized Representative) has occurred and is continuing and (y) the First-Priority Obligations of the Series with respect to which such Non-Controlling Authorized Representative is the Authorized Representative are currently due and payable in full (whether as a result of acceleration thereof or otherwise) in accordance with the terms of the applicable Other First-Priority Agreement; provided that the Non-Controlling Authorized Representative Enforcement Date shall be stayed and shall not occur and shall be deemed not to have occurred with respect to any Common Collateral (1) at any time the Controlling Authorized Representative has commenced and is diligently pursuing any enforcement action with respect to such Common Collateral or (2) at any time the Grantor that has granted a security interest in such Common Collateral is then a debtor under or with respect to (or otherwise subject to) any Insolvency or Liquidation Proceeding.

  • Local law enforcement agency means the police of a city, town, village or other incorporated area or the sheriff of an unincorporated area or any sworn officer of the Illinois Department of State Police.

  • Law enforcement support staff member means a person who serves

  • Support enforcement agency means a public official or agency authorized to seek:

  • Failed Bank Charge-Offs/Write-Downs means, with respect to any Shared- Loss Asset, an amount equal to the aggregate amount of reversals or charge-offs of Accrued Interest and charge-offs and write-downs of principal effected by the Failed Bank with respect to that Shared-Loss Asset as reflected on the Accounting Records of the Failed Bank.

  • Code enforcement officer means the Code Enforcement Officer appointed pursuant to subdivision (b) of section 3 of this local law.