Common use of Powers of Assignee Clause in Contracts

Powers of Assignee. At any time after the Security becomes enforceable, the Assignee may without further notice (unless required by law), exercise all or any of the powers conferred on it by law (as amended or extended by this Deed) and/or all or any of the powers which are conferred by this Deed.

Appears in 2 contracts

Sources: Deed of Charge and Assignment, Deed of Charge and Assignment (NewLead Holdings Ltd.)