Remedies on an Event of Default. Upon the occurrence of any Event of Default: (a) all indebtedness, liabilities and obligations of the Borrower under this Agreement and each of the other Credit Documents to which it is a party, any term hereof or thereof to the contrary notwithstanding, shall at the Agent’s option and without notice become immediately due and payable without presentment, demand, protest or notice of dishonor, all of which are hereby expressly waived by the Borrower; (b) the obligation, if any, of the Lenders to extend any further credit under this Agreement or any of the other Credit Documents shall immediately cease and terminate; and (c) the Agent and the Lenders shall have all rights, powers and remedies available under this Agreement and each of the other Credit Documents, or accorded by law, including the right to resort to any or all Security for any credit subject hereto and to exercise any or all of the rights of a beneficiary or secured party pursuant to all Applicable Law. All rights, powers and remedies of the Agent and the Lenders may be exercised at any time by the Agent and the Lenders and from time to time upon the occurrence of an Event of Default, are cumulative and not exclusive, and shall be in addition to any other rights, powers or remedies provided by law or equity.
Remedies on an Event of Default. Upon the occurrence of an Event of Default, Calavo shall have the immediate right to take control of all or any part of the Collateral, with or without judicial process, and without advertisement, and without demand of performance or notice to San Xxxxxx, except as otherwise provided in Section 9 above, all of which are (except as set forth in Section 9) expressly waived by San Xxxxxx; provided, however, that if any notice is required by law in connection with the exercise by Calavo of its rights and remedies, San Xxxxxx agrees that ten days’ prior written notice is a reasonable time and manner for notice (which ten days’ notice shall be concurrent with, and not in addition to, the notice required under Section 9). Furthermore, Calavo may exercise all of the other rights and remedies that are provided to it under this Agreement and to a secured party by the California Uniform Commercial Code and otherwise by applicable law. Calavo’s rights and remedies shall include, without limitation, the power (i) to transfer into Calavo’s name or into the name of its nominee any or all of the Entire Interest or other Collateral and thereafter to receive and retain all cash and other dividends, distributions and payments made on account of the Entire Interest and other Collateral, and otherwise act with respect thereto as though it were the absolute owner thereof, and (ii) to sell all or any portion of the Entire Interest and other Collateral at a public or private sale at such place and time and at such prices and other terms as Calavo may determine. San Xxxxxx recognizes that Calavo may be compelled to resort to one or more private sales of any or all of the Entire Interest constituting part of the Collateral to a restricted group of purchasers who will be obliged to agree, among other things, to acquire such securities for their own account for investment and not with a view to the distribution or resale thereof. San Xxxxxx acknowledges and agrees that any such private sale may result in prices and other terms less favorable to the seller than if such sale were a public sale and, notwithstanding such circumstances, agrees that any such private sale shall not, for such reason alone, be deemed to have been made in a commercially unreasonable manner. Calavo shall not be under any obligation to delay a sale of any or all of the Entire Interest for the period of time necessary to permit the registration of the Entire Interest for public sale under the Securities Act of 19...
Remedies on an Event of Default. 14.1 Upon the occurrence of any Event of Default, the Lender shall have the right, at its sole discretion, but not the obligation, to, inter alia, immediately cancel, the Facility and call upon the Borrower to forthwith repay the entire outstanding Facility Amount, interest accrued thereon and all other amounts under the Finance Documents without any further notice of default, presentment or demand for payment or other notice or demand of any kind or nature whatsoever.
Remedies on an Event of Default. Whenever any event of default shall happen, Issuer (with the consent of Trustee if the Indenture has not been discharged) or Trustee on behalf of the Issuer may take any of the following remedial steps:
Remedies on an Event of Default. Upon the occurrence of an Event of Default, Xxxxxxxx shall have the immediate right to file an action at law or equity against Guarantor and/or to take control of all or any part of any collateral, with or without judicial process, and without demand of performance, advertisement or notice to Guarantor, which are expressly waived by Guarantor; provided, however, that if any notice is required by law in connection with the exercise by Xxxxxxxx of his rights and remedies, Guarantor agrees that ten days' prior written notice is a reasonable time and manner for notice. Furthermore, Xxxxxxxx may exercise all of the other rights and remedies that are provided to him under this Guaranty.
Remedies on an Event of Default. If an event of Default shall have occurred and shall be continuing, the Holder of this Note may at any time at its option, (a) declare the entire unpaid principal balance of this Note, together with all accrued and unpaid interest thereon, due and payable, and thereupon, the same shall be accelerated and so due and payable, without presentment, demand, protest or notice, all of which are hereby expressly and unconditionally waived by the Borrower; or (b) exercise or otherwise enforce any one or more of the Holder’s rights, powers, privileges, remedies and interest under this Note or applicable law. No course of delay on the part of the Holder shall operate as a waiver thereof or otherwise prejudice the right of the Holder. No remedy conferred hereby shall be exclusive of any other remedy referred to herein or now or hereafter available at law, in equity, by statute or otherwise.
Remedies on an Event of Default. Upon the occurrence of an Event of Default, World Waste shall have the immediate right to file an action at law or equity against Guarantor and/or to take control of all or any part of the Collateral, with or without judicial process, and without demand of performance, advertisement or notice to Guarantor, which are expressly waived by Guarantor; provided, however, that if any notice is required by law in connection with the exercise by World Waste of its rights and remedies, Guarantor agrees that ten days' prior written notice is a reasonable time and manner for notice. Furthermore, World Waste may exercise all of the other rights and remedies that are provided to it under this Guaranty and to a secured party by the Uniform Commercial Code and otherwise by applicable law. World Waste's rights and remedies shall include, without limitation, the power (1) to transfer into World Waste's name or into the name of its nominee any or all of the Collateral and thereafter to receive and retain all cash and other dividends, distributions and payments made on account of the Collateral, and otherwise act with respect thereto as though it were the absolute owner thereof, (2) to sell all or any portion of the Collateral at a public or private sale at such place and time and at such prices and other terms as World Waste may determine, and (3) to file an action against Guarantor in his personal capacity for repayment of the Vertex Debt. Guarantor recognizes that World Waste may be compelled to resort to one or more private sales of any or all of the Collateral to a restricted group of purchasers who will be obliged to agree, among other things, to acquire the Collateral for their own account for investment and not with a view to the distribution or resale thereof. Guarantor acknowledges and agrees that any such private sale may result in prices and other terms less favorable to the seller than if such sale were a public sale and, notwithstanding such circumstances, agrees that any such private sale shall not, for such reason alone, be deemed to have been made in a commercially unreasonable manner. World Waste shall not be under any obligation to delay a sale of any Collateral for the period of time necessary to permit the registration of such Collateral for public sale under the Securities Act of 1933, as amended, or under applicable state securities laws. At any sale, World Waste may, to the extent permissible under applicable law, purchase the whole or any part of the ...
Remedies on an Event of Default. 3.1 The Pledgor agrees that at any time after Event of Default occurs, the Lender shall have the right, without prejudice to its other rights under this Agreement and/or under any Applicable Law, in its discretion to exercise all the rights, powers and remedies vested in it (whether vested in it by or pursuant to this Agreement or by any Applicable Law) for the protection, perfection and enforcement of its rights in respect of the Collateral, and shall be entitled, without limitation, to exercise the rights set out in Section 3.2 below, to which the Pledgor hereby agrees.
Remedies on an Event of Default. If an Event of Default shall occur and be continuing, the non-defaulting Party may in its sole discretion terminate this Agreement on written notice to the defaulting Party. The Parties shall forthwith upon termination, or as soon as is practicable thereafter; (a) pay over to the other Party all monies collected and held for the account of such other Party pursuant to the Agreement or any of the Schedules hereto; (b) effect a final and complete accounting to the other Party of all amounts as may be due and owing under this Agreement, and any of the Transaction Documents which the non-defaulting Party elects to terminate in accordance with Section 14.01. (c) deliver to, and where applicable, transfer into the name of the other Party (or as it may direct in writing) all property, documents and agreements of such other Party held in the name or possession of the transferring Party; (d) unless the non-defaulting Party has exercised the buy sell clause contained in the Latin America Shareholder Agreement, dissolve Latin Newco, such that its net assets (after satisfaction of all of its liabilities) shall be distributed to the Parties in proportion to their respective shareholdings of Latin Newco, all property, information and technology belonging to a Party shall be returned to it by Latin Newco; (e) return all Confidential Information of either Party to such Party; (f) subject to Section 13.03, retransfer and reassign all rights to the Ingenico Technology or the IVI Technology, and return all Products or; and (g) take all necessary steps to discontinue use of the Intellectual Property of the other Party. Following any such termination, each Parry shall provide ongoing product support and spare parts to the other with respect to any Products sold by the other prior to termination. Section 13.03
Remedies on an Event of Default. The Landlord may, at its option, in any of the cases set out in Section 11.04, and in addition to and without prejudice to all rights and remedies of Landlord available to it either by any other provision of this Lease or by statute or the general law:
