Common use of Enforcement Powers Clause in Contracts

Enforcement Powers. For the purpose of all rights and powers implied or granted by statute, the Indebtedness is deemed to have fallen due on the date of this deed. The power of sale and other powers conferred by section 101 of the Law of Property ▇▇▇ ▇▇▇▇ and all other enforcement powers conferred by this deed shall be immediately exercisable at any time after an Event of Default has occurred.

Appears in 2 contracts

Sources: 364 Day Credit Agreement (Aspen Insurance Holdings LTD), Credit Agreement (Aspen Insurance Holdings LTD)