Common use of Demand Obligations Clause in Contracts

Demand Obligations. All of the Obligations (other than the Term Loan(s)) of Borrowers shall be due and payable in full upon demand made by Lender, whether or not any Event of Default has occurred and whether or not Lender reasonably deems itself to be insecure. Demand may be made at any time or without reason. The enumeration in Section 9.1 hereof of certain Events of Default, and the enumeration of certain remedies available to Lender upon an Event of Default (as described in Sections , and hereof), does not in any way limit the right of Lender to otherwise demand payment in the absence of the occurrence of any Event of Default. Demand is not thereby qualified or in any way relative in nature.

Demand Obligations. All of the Obligations (other than the Term Loan(s)) of Borrowers shall be due and payable in full upon demand made by Lender, whether or not any Event of Default has occurred and whether or not Lender reasonably deems itself to be insecure. Demand may be made at any time or without reason. The enumeration in Section 9.1 hereof of certain Events of Default, and the enumeration of certain remedies available to Lender upon an Event of Default (as described in Sections 9.2, 9.3 and 9.4 hereof), does not in any way limit the right of Lender to otherwise demand payment in the absence of the occurrence of any Event of Default. Demand is not thereby qualified or in any way relative in nature.