Other Enforcement Action definition

Other Enforcement Action means any action to (i) accelerate the maturity of the Obligations to Creditor, (ii) commence or join in any action or proceeding to recover any amounts due with respect to the Obligations to Creditor, (iii) commence or join in, or encourage others to file, any involuntary bankruptcy petition or similar judicial proceeding against Borrower.
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Other Enforcement Action has the meaning set forth in Section 7.6.4 (Other Enforcement Actions).
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Examples of Other Enforcement Action in a sentence

  • For clarity, as between the Parties, all amounts received in connection with or allocated to an Other Enforcement Action shall inure to the benefit and be retained by Angioblast.

  • Creditor agrees that it will provide Lender written notice of any event of default under any of Creditor Documents prior to taking any Collateral Enforcement Action (as defined below) with respect to any Collateral, and that Creditor will not to take any Collateral Enforcement Action (as defined below) with respect to any Collateral (or any Other Enforcement Action) during any Standstill Period (as defined below).

  • If Nanobiotix declines to initiate an Other Enforcement Action [***] in the Territory it shall notify ▇▇▇▇▇▇▇, who shall thereafter have the right (but not the obligation) at 72 ▇▇▇▇▇▇▇’▇ expense and in its own name, to initiate an Other Enforcement Action by counsel of its choice.