Common use of Assistance in realisation Clause in Contracts

Assistance in realisation. After the Security has become enforceable, the Grantor must take all action required by the Security Trustee, Receiver or Attorney to assist any of them to realise the Secured Property and exercise any Power including: (a) executing all transfers, conveyances, assignments and assurances of any of the Secured Property; (b) doing anything necessary or desirable under the law in force in any place where the Secured Property is situated; (c) giving all notices, orders, directions and consents which the Security Trustee, Receiver or Attorney thinks expedient; and (d) doing anything necessary: (1) for a call to be made on the uncalled capital of the Grantor; or (2) to collect all called but unpaid capital of the Grantor.

Assistance in realisation. After the Security has become enforceable, the each Grantor must take all action required by the Security TrusteeState, Receiver or Attorney to assist any of them to realise the Secured Property and exercise any Power including: : (a) executing all transfers, conveyances, assignments and assurances of any of the Secured Property; ; (b) doing anything necessary or desirable under the law in force in any place where the Secured Property is situated; ; (c) giving all notices, orders, directions and consents which the Security TrusteeState, Receiver or Attorney thinks expedient; and and (d) doing anything necessary: : (1i) for a call to be made on the uncalled capital of the a Grantor; or or (2ii) to collect all called but unpaid capital of the a Grantor.