Examples of Notice of Charge in a sentence
We confirm that pursuant to clause 2.8 and clause 7 of the Charge, we are empowered and authorised to deliver this Notice of Charge for and on behalf of the Company.
The Borrower shall use commercially reasonable efforts to procure that as soon as practicable after each other party to the Contracts and the KfW Refund Guarantees receives a Notice of Assignment or a Notice of Charge, as the case may be, such other party shall deliver to the Collateral Agent an Acknowledgment of Assignment or an Acknowledgment of Charge, as the case may be, in substantially the form attached hereto or otherwise reasonably acceptable to the Collateral Agent.
After the delivery of a Notice of Charge pursuant to clause 2.8 or the occurrence of an Enforcement Event and at any time thereafter while such Enforcement Event is continuing, the Chargor shall not be entitled to receive, withdraw or otherwise transfer any credit balance from time to time on any Account except with the prior consent of the Security Trustee.
The Chargor shall, prior to the delivery of a Notice of Charge pursuant to clause 2.8 or the occurrence of an Enforcement Event and at any time thereafter when no Enforcement Event is continuing (provided that at such time no Notice of Charge has been delivered pursuant to clause 2.8) , be entitled to receive, withdraw or otherwise transfer any credit balance from time to time on any Account.
The Chargor will forthwith give notice to each Account Bank (and forthwith on any change in the identity of any Account Bank shall give notice to the new Account Bank) of this Debenture in the form of Part I (Form of Notice of Charge over Bank Accounts) of Schedule 3 and shall use its reasonable endeavours to procure that the Account Bank or new Account Bank (as the case may be) acknowledges such notice in the form of Part II (Form of Acknowledgement of Charge over Bank Accounts) of Schedule 3.