Certain Actions Following an Event of Default Sample Clauses

Certain Actions Following an Event of Default. If any one or more Events of Default shall occur and be continuing, then in each and every such case:
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Certain Actions Following an Event of Default. Upon the request of the Administrative Agent following the occurrence and during the continuance of an Event of Default, the Company shall, at the Company’s expense:
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Certain Actions Following an Event of Default. Upon the occurrence and during the continuance of any Event of Default, the Administrative Agent may, and, upon the written request of the Required Banks shall, by written notice to the Borrower (which shall be deemed notice to each other Credit Party), take any or all of the following actions, without prejudice to the rights of the Administrative Agent or any Bank to enforce its claims against the Borrower or any other Credit Party, except as otherwise specifically provided for in this Agreement (PROVIDED, HOWEVER, that upon an Event of Default specified in Section 8.05 the actions provided for in clauses (a) and (b) below shall occur automatically without the giving of any notice):
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Certain Actions Following an Event of Default. If any one or --------------------------------------------- more Events of Default occurs, then in each and every such case:
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Certain Actions Following an Event of Default. If any one or more Events of Default shall occur and be continuing, then in each and every such case, subject to the subordination provisions set forth in the Note:
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Certain Actions Following an Event of Default. If any one or more Events of Default shall occur and be continuing, and in all cases subject to the terms of the Pari Passu Intercreditor Agreement and Superpriority Intercreditor Agreement, then in each and every such case: 8.2.1.
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Certain Actions Following an Event of Default. 8.2.1. If an Event of Default has occurred and is continuing, the Collateral Agent and the Investors shall have the remedies set forth below (in addition to the right to seek specific performance of any covenant), which may be exercised through any appropriate proceeding; provided that, except with respect to an Event of Default under Section 8.1.9, and except for any other Event of Default that is not capable of being cured (in the reasonable judgment of the Majority Investors), the Collateral Agent and the Investors shall refrain from exercising remedies and the Company shall have the further right to cure such Event of Default for a period of three (3) Business Days after the Collateral Agent or the applicable Investors provides written notice to the Company of their intent to exercise remedies on account of such Event of Default; and provided further, that other than in the case of a Bankruptcy Default, prior to initiating litigation to effect a specified remedy, the Collateral Agent shall make a written request on the Company to effect such remedy consensually and without litigation and to the extent the Company promptly complies, will permit the Company to effect such remedy consensually:
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Certain Actions Following an Event of Default. If any one or more Events of Default shall occur and be continuing, then, subject to Section 7, in each and every such case the Lender may proceed:
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Certain Actions Following an Event of Default 
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Related to Certain Actions Following an Event of Default

  • Actions following an Event of Default On, or at any time after, the occurrence of an Event of Default:

  • Certain Events of Default The following Events of Default will apply to the parties as specified below, and the definition of “Event of Default” in Section 14 is deemed to be modified accordingly:

  • REMEDIES IN CASE OF AN EVENT OF DEFAULT If there shall have occurred and be continuing an Event of Default, then and in every such case, the Pledgee shall be entitled to exercise all of the rights, powers and remedies (whether vested in it by this Agreement, any other Secured Debt Agreement or by law) for the protection and enforcement of its rights in respect of the Collateral, and the Pledgee shall be entitled to exercise all the rights and remedies of a secured party under the Uniform Commercial Code as in effect in any relevant jurisdiction and also shall be entitled, without limitation, to exercise the following rights, which each Pledgor hereby agrees to be commercially reasonable:

  • Notification of Event of Default Borrower shall notify Agent immediately of the occurrence of any Event of Default.

  • Right to Terminate Following Event of Default If at any time an Event of Default with respect to a party (the “Defaulting Party”) has occurred and is then continuing, the other party (the “Non-defaulting Party”) may, by not more than 20 days notice to the Defaulting Party specifying the relevant Event of Default, designate a day not earlier than the day such notice is effective as an Early Termination Date in respect of all outstanding Transactions. If, however, “Automatic Early Termination” is specified in the Schedule as applying to a party, then an Early Termination Date in respect of all outstanding Transactions will occur immediately upon the occurrence with respect to such party of an Event of Default specified in Section 5(a)(vii)(1), (3), (5), (6) or, to the extent analogous thereto, (8), and as of the time immediately preceding the institution of the relevant proceeding or the presentation of the relevant petition upon the occurrence with respect to such party of an Event of Default specified in Section 5(a)(vii)(4) or, to the extent analogous thereto, (8).

  • Waiver of Event of Default The Majority Certificateholders may, on behalf of all Certificateholders, by notice in writing to the Trustee, direct the Trustee to waive any events permitting removal of any Master Servicer under this Agreement, provided, however, that the Majority Certificateholders may not waive an event that results in a failure to make any required distribution on a Certificate without the consent of the Holder of such Certificate. Upon any waiver of an Event of Default, such event shall cease to exist and any Event of Default arising therefrom shall be deemed to have been remedied for every purpose of this Agreement. No such waiver shall extend to any subsequent or other event or impair any right consequent thereto except to the extent expressly so waived. Notice of any such waiver shall be given by the Trustee to the Rating Agency.

  • Event of Default Defined The occurrence of any one or more of the following shall constitute an Event of Default under this Agreement, and any Event of Default which may occur hereunder shall constitute an Event of Default under each of the other Loan Documents:

  • Remedies Upon an Event of Default (a) Upon the occurrence and during the continuance of an Event of Default described in subsection 15(g) hereof, all of the Liabilities shall immediately and automatically become due and payable, without notice of any kind. Upon the occurrence of any other Event of Default, all Liabilities may, at the option of Lender, and without demand, notice or legal process of any kind, be declared, and immediately shall become, due and payable.

  • Default or Event of Default No Default or Event of Default hereunder has occurred or is continuing or will occur as a result of the giving effect hereto.

  • Additional Event of Default The following will constitute an additional Event of Default with respect to Party B: "NOTE ACCELERATION NOTICE. A Note Acceleration Notice is served on Party B in relation to the Relevant Notes."

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