Security Trustee's Powers. The restrictions contained in sections 93 and 103 of the Act shall not apply to the security constituted or intended to be constituted by this Deed and the powers contained in section 101 of the Act shall be immediately exercisable after the Security Trustee shall have demanded the discharge of any of the Secured Obligations.
Appears in 2 contracts
Sources: Equitable Mortgage (Ashworth Inc), Equitable Mortgage (Ashworth Inc)