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Common use of An Event Clause in Contracts

An Event. of Default that occurs shall exist or continue or be continuing unless such Event of Default is waived by Lender in accordance with the terms of this Agreement;

Appears in 3 contracts

Sources: Loan and Security Agreement (1847 Holdings LLC), Loan and Security Agreement (Youngevity International, Inc.), Loan and Security Agreement (Valence Technology Inc)

Parent Clauses

  • Default Provisions
  • EVENTS OF DEFAULT
  • DEFINITIONS AND RULES OF INTERPRETATION AND CONSTRUCTION
  • Removal of Nonconforming Pledged Property
  • ASSIGNEE'S RIGHTS IN EVENT OF DEFAULT

Sub-Clauses

  • Events of Default
  • Limitation on Suits
  • Unconditional Right of Holders to Receive Principal and Interest
  • Restoration of Rights and Remedies
  • Collection of Indebtedness and Suits for Enforcement by Trustee
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