Security Interests definition
Examples of Security Interests in a sentence
The Chargor shall not do, or permit to be done, anything which could prejudice the Security Interests.
In particular, to obtain required approvals from South Korea Financial Supervisory Service (FSS) prior to the enforcement of the Security Interests and make disclosures mentioned in Clause 4.1 of the Management Agreement.
At any time after the Security Interests have become enforceable, to the fullest extent permitted by law, any rights conferred by this Deed or by law upon a Receiver may be exercised by the Chargee, whether or not the Chargee shall have appointed a Receiver of all or any part of the Security Assets.
At any time after the Security Interests have become enforceable and subject to the Authorizations in place, the Chargee may in its absolute discretion enforce all or any part of the Security Interests in any manner it sees fit and hold or dispose of all or any part of the Security Assets.
If all or any part of the Security Interests are enforced at a time when no amount is due under this Deed but any such amount may or will become due, the Chargee or the Receiver may pay the proceeds of any recoveries effected by it into a suspense account.