Common use of WHEN SECURITY BECOMES ENFORCEABLE Clause in Contracts

WHEN SECURITY BECOMES ENFORCEABLE. The security constituted by this Deed shall become immediately enforceable and the power of sale and other powers conferred by section 101 of the Law of Property ▇▇▇ ▇▇▇▇, as varied or amended by this Deed, shall be immediately exercisable upon and at any time after the occurrence of any Event of Default and whilst the same is continuing after which Burdale may in its absolute discretion enforce all or any part of the security in any manner it sees fit.

Appears in 1 contract

Sources: Deed of Debenture (Atchison Casting Corp)

WHEN SECURITY BECOMES ENFORCEABLE. The security constituted by this Deed shall become immediately enforceable and the power of sale and other powers conferred by section 101 of the Law of Property ▇▇▇ ▇▇▇▇, as varied or amended by this Deed, shall be immediately exercisable upon and at any time after the occurrence of any Event of Default and whilst the same is continuing after which Burdale Congress may in its absolute discretion enforce all or any part of the security in any manner it sees fit.

Appears in 1 contract

Sources: Guarantee and Debenture (Mad Catz Interactive Inc)

WHEN SECURITY BECOMES ENFORCEABLE. The security constituted by this Deed shall become immediately enforceable and the power of sale and other powers conferred by section 101 of the Law of Property Act 1925, as varied or amended ▇▇ ▇▇▇▇, as varied or amended by this Deed, shall be immediately exercisable upon and at any time after the occurrence of any Event of Default and whilst the same is continuing after which Burdale may in its absolute discretion enforce all or any part of the security in any manner it sees fit.

Appears in 1 contract

Sources: Deed of Debenture (Cerplex Group Inc/De)

WHEN SECURITY BECOMES ENFORCEABLE. The security constituted by this Deed shall become immediately enforceable and the power of sale and other powers conferred by section 101 of the Law of Property ▇▇▇ ▇▇▇▇Act, as varied or amended by this Deed, shall be immediately exercisable upon and at any time after the occurrence of any Event of Default and whilst the same which is continuing after which Burdale the Security Agent may in its absolute discretion enforce all or any part of the security in any manner it sees fitfit or (if expressly prescribed therein) in accordance with the provisions of the Finance Documents.

Appears in 1 contract

Sources: Deed of Debenture (Hines Global REIT, Inc.)