Following Enforcement definition

Following Enforcement. The Cash Manager hereby undertakes to each of the other parties hereto that, following any enforcement of the Funding Security, it will hold on trust for, and will pay to, the Security Trustee or the Receiver, as the case may be, all monies received or recovered by it (whether by way of set-off or otherwise) from Funding or in respect of any amount due hereunder by Funding, otherwise than in accordance with the Funding Post-Enforcement Priority of Payments in order that such monies may be applied by the Security Trustee or the Receiver in accordance with the Funding Post-Enforcement Priority of Payments.
Sample 1Sample 2Sample 3
Following Enforcement. The Cash Manager hereby undertakes to each of the other parties hereto that:
Sample 1

Examples of Following Enforcement in a sentence

  • Following the service of an Issuer Enforcement Notice or the occurrence of an Issuer Insolvency Event, the Available Funds will be applied by the Issuer to make payments in accordance with the priority of payments set out in Condition 3.5 (Priority of Payments Following Enforcement) (the Post-Enforcement Priority of Payments).

  • These Disciplinary Regulations take effect on the day of the registration of the establishment of the Society as a public-interest incorporated association as stipulated in paragraph 1 of Article 106 of the Act on Establishment of Related Acts Following Enforcement of the Act on General Incorporated Associations and General Incorporated Foundations and the Act on the Authorization of Public-Interest Incorporated Associations and Public-Interest Incorporated Foundations (Act No. 50 of June 2, 2006).

  • Committee for Following Enforcement of the Strategy of Judicial Reform28 is established in 2006 and composed of representatives of all authorities mentioned before i.e. Ministry of Justice, President of the Supreme Court, Main State Attorney and State Judicial and State’s Attorney Council, Presidents of Croatian Bar and Notary’s Public Chambers, including Head of Judicial Academy.

  • Ranking as to Proceeds Following Enforcement action Super-senior debt (ie, the super-senior RCF and indebted- ness owed under hedging arrangements, if any) will rank in priority and ahead of senior debt (ie, debt owed in rela- tion to the high-yield bonds and any new debt incurred in accordance with the terms and conditions for the bonds, often subject to the satisfaction of an incurrence test) with respect to proceeds from an enforcement action.

  • The national rural water supply and sanitation strategies of Sri Lanka and Viet Nam emphasize participatory management and turnover of responsibilities to users.

  • The Cabinet Order for the Establishment of Relevant Cabinet Orders Following Enforcement of the Act on Establishment of Acts Related to the Improvement of the Securities Market through Reform of the Securities Settlement System, etc.

  • Security and GuaranteesAny security or guarantees would be shared between super- senior creditors and the senior creditors, and any enforce- ment proceeds would be applied in accordance with the waterfall set out above (Ranking as to Proceeds Following Enforcement Action).

  • Staff Not Always Following Enforcement Policies The Agency developed policies around enforcement, but we found staff did not follow all aspects.

  • To follow up on the above, on December 14, 2007 the government promulgated Cabinet Orders and Ordinances concerning the Securities Market Improvement Act that specify the details of procedures and arrangements for paperless transactions (e.g. Cabinet Order for Establishment of Relevant Cabinet Orders Following Enforcement of the Act on Establishment of Acts Related to the Improvement of the Securities Market through Reform of the Securities Settlement System, etc.

  • Following Enforcement, concerns from residents about the schemes’ direct impact on them was the next most raised concern.

Related to Following Enforcement

  • Law enforcement agency means an agency of the state, or of a county, municipality, or other political subdivision of the state, that employs peace officers who make traffic stops in the routine performance of the officers' official duties.

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

  • Drug enforcement administration means the drug enforcement

  • Post-Enforcement Priority of Payments means the order of priority pursuant to which the Guarantor Available Funds shall be applied on each Guarantor Payment Date, following the delivery of a Guarantor Default Notice, in accordance with the Intercreditor Agreement.

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

  • 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 Procedures means the procedures for the enforcement of Mortgages from time to time in accordance with the relevant Seller’s Policy;

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