Commencement of Enforcement Sample Clauses

Commencement of Enforcement. (a) Lender agrees that it will not interfere with Creditor’s security interests in and liens upon Creditor’s Senior Collateral, or take any action by way of enforcement or application of Lender’s security interests in or liens upon Creditor’s Senior Collateral, unless and until Creditor has advised Lender, in writing, that all Obligations to Creditor have been fully and indefeasibly paid and satisfied, or that Creditor has consented to any such interference, enforcement, or application; (b) Creditor agrees that it will not interfere with Lender’s security interests in and liens upon Lender’s Senior Collateral, or take any action by way of enforcement upon Lender’s Senior Collateral; (c) If Lender or Creditor, in violation of this Agreement, shall commence, prosecute or participate in any action by way of enforcement or application of its security interest in or lien upon any Collateral, or in any manner interfere with any of the other’s security interests in or lien upon any Collateral, then the other party may interpose as a defense or plea the making of this Agreement and such other party may intervene and interpose such defense or plea in its own name or in the name of Borrower or any other Obligor, or restrain the enforcement of any security interest or lien in its own name or in the name of Borrower or any other Obligor.
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Commencement of Enforcement. (a) Creditor agrees that it will not interfere with Lender’s security interests in and liens upon the Collateral, or take any action by way of enforcement upon the Collateral; (b) If Creditor, in violation of this Agreement, shall commence, prosecute or participate in any action by way of enforcement or application of its security interest in or lien upon any Collateral, or in any manner interfere with Lender’s security interests in or lien upon any Collateral, then the Lender may interpose as a defense or plea the making of this Agreement and Lender may intervene and interpose such defense or plea in its own name or in the name of Borrower or any other Obligor, or restrain the enforcement of any security interest or lien in its own name or in the name of Borrower or any other Obligor.
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Commencement of Enforcement. Any legal action for specific performance under this Section 11 is conditioned on such action being commenced within 90 days after the date of the default.
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Commencement of Enforcement. The Bank agrees not to commence Enforcement until an Enforcement Notice has been furnished to the other. Notwithstanding the foregoing, the Bank may take reasonable and immediate steps to preserve the value of the Assets, without prior notice to the Subordinated Creditors if, in the judgment of the Bank, immediate action is required.
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Related to Commencement of Enforcement

  • Cost of Enforcement In the event either party commences a judicial action to enforce the provision of this Agreement, the prevailing party in such action shall be entitled to recover, in addition to such other amounts as may be permitted by law, all costs and expenses incurred by it in the prosecution of defense of such action, including reasonable attorneys’ fees.

  • Expenses of Enforcement The Account Holder and, as the case may be, every Cardmember shall indemnify the Bank in respect of any and all reasonable expenses properly incurred by the Bank in enforcing or attempting to enforce this Agreement including all reasonable legal fees, and disbursements. The Bank shall, on request, provide the Account Holder and, as the case may be, every Cardmember with a breakdown of all expenses he/she is liable to pay under this Clause 26.

  • Law Enforcement 24.1 Each Party may cooperate with law enforcement authorities and national security authorities to the full extent required or permitted by Applicable Law in matters related to Services provided by it under this Agreement, including, but not limited to, the production of records, the establishment of new lines or the installation of new services on an existing line in order to support law enforcement and/or national security operations, and, the installation of wiretaps, trap-and-trace facilities and equipment, and dialed number recording facilities and equipment. 24.2 A Party shall not have the obligation to inform the other Party or the Customers of the other Party of actions taken in cooperating with law enforcement or national security authorities, except to the extent required by Applicable Law. 24.3 Where a law enforcement or national security request relates to the establishment of lines (including, but not limited to, lines established to support interception of communications on other lines), or the installation of other services, facilities or arrangements, a Party may act to prevent the other Party from obtaining access to information concerning such lines, services, facilities and arrangements, through operations support system interfaces.

  • Expenses of Enforcement, Etc The Guarantors agree to reimburse the Administrative Agent and the other Holders of Guaranteed Obligations for any reasonable costs and out-of-pocket expenses (including attorneys’ fees) paid or incurred by the Administrative Agent or any other Holder of Guaranteed Obligations in connection with the collection and enforcement of amounts due under the Loan Documents, including without limitation this Guaranty.

  • Specific Enforcement Each party hereto acknowledges that the remedies at law of the other parties for a breach or threatened breach of this Agreement would be inadequate and, in recognition of this fact, any party to this Agreement, without posting any bond, and in addition to all other remedies that may be available, shall be entitled to obtain equitable relief in the form of specific performance, a temporary restraining order, a temporary or permanent injunction or any other equitable remedy that may then be available.