Common use of Enforcement of Security Interest Clause in Contracts

Enforcement of Security Interest. The Security Interest shall become and be immediately enforceable at any time that an Event of Default shall have occurred and be continuing.

Appears in 2 contracts

Sources: General Security Agreement (Waverider Communications Inc), General Security Agreement (Waverider Communications Inc)

Enforcement of Security Interest. The Security Interest shall become and be immediately enforceable at any time that an Event of Default shall have occurred occur and be continuing.

Appears in 1 contract

Sources: General Security Agreement (Braintech Inc)