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Common use of When enforceable Clause in Contracts

When enforceable. The Security created by this Debenture shall become immediately enforceable if an Enforcement Event occurs and is continuing.

Appears in 3 contracts

Sources: Credit and Guaranty Agreement (American Airlines, Inc.), First Amendment and Restatement Agreement (American Airlines Inc), Credit and Guaranty Agreement (American Airlines Inc)

Related Clauses

  • Valid and Enforceable
  • Valid, Binding and Enforceable
  • Legally Enforceable Agreements
  • Legally Enforceable Agreement
  • Customary and Enforceable Provisions

Parent Clauses

  • Enforcement
  • When Security Becomes Enforceable
  • Governing law and enforcement
  • Miscellaneous
  • Disclosure

Sub-Clauses

  • Non-Payment
  • Breach of Undertaking
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