Common use of WHEN SECURITY BECOMES ENFORCEABLE Clause in Contracts

WHEN SECURITY BECOMES ENFORCEABLE. This Security may be enforced by the Collateral Agent at any time after an Event of Default has occurred.

Appears in 17 contracts

Sources: Pledge Agreement (Vector Group LTD), Pledge Agreement (Vector Group LTD), Security Agreement (Vector Group LTD)

WHEN SECURITY BECOMES ENFORCEABLE. This Security may be enforced by the Collateral Security Agent at any time after an Event of Default has occurredoccurred and is continuing.

Appears in 4 contracts

Sources: Security Agreement, Stock Pledge Agreement (Iridium Communications Inc.), Security Agreement (Iridium Communications Inc.)

WHEN SECURITY BECOMES ENFORCEABLE. This Subject to the terms of the Indenture, this Security may be enforced by the Collateral Agent at any time after an Event of Default has occurred.

Appears in 3 contracts

Sources: Pledge Agreement (Vector Group LTD), Security Agreement (Vector Group LTD), Security Agreement (Vector Group LTD)

WHEN SECURITY BECOMES ENFORCEABLE. This Subject to the terms of the Indenture, this Security may be enforced by the Collateral Agent at any time after an Event of Default has occurredoccurred and is continuing.

Appears in 3 contracts

Sources: Pledge Agreement (Vector Group LTD), Security Agreement (Vector Group LTD), Security Agreement (Vector Group LTD)

WHEN SECURITY BECOMES ENFORCEABLE. This Security may be enforced by the Collateral Agent at any time after an Event of Default has occurredoccurred and is continuing.

Appears in 1 contract

Sources: Stock Pledge Agreement (Borse Dubai LTD)