Events of Default and Remedies. Section 8.01
Events of Default and Remedies. 9.01 Events of Default
Events of Default and Remedies. If any of the following events ("Events of Default") shall occur and be continuing:
Events of Default and Remedies. If any of the following events (“Events of Default”) shall occur and be continuing:
Events of Default and Remedies. 8.01 Events of Default 8.02 Remedies Upon Event of Default 8.03 Application of Funds
Events of Default and Remedies. Events of Default. Any of the following shall constitute an Event of Default:
Events of Default and Remedies. The occurrence of any one of the following shall constitute an Event of Default hereunder:
Events of Default and Remedies. An "Event of Default" shall ------------------------------------------ exist hereunder if any one or more of the following events shall occur and be continuing: (a) Maker shall fail to pay when due any principal of, or interest upon, this Note or any other Obligation and such failure shall continue for ten (10) days following the date Payee notifies Maker of such failure; (b) any representation or warranty made by Maker to Payee herein or in the Security Agreement shall prove to be untrue or inaccurate in any material respect and shall continue to be untrue or inaccurate thirty (30) days after the date Payee notifies Maker of such event; (c) default shall occur in the performance of any of the covenants or agreements of Maker contained herein or in the Security Agreement and such default shall continue for thirty (30) days following the date Payee notifies Maker of such default; (d) default shall occur in the payment of any material indebtedness of Maker, or any such indebtedness shall become due before its stated maturity by acceleration of the maturity thereof or otherwise or shall become due by its terms and shall not be promptly paid or extended; (e) the Security Agreement shall cease to be a legal, valid, binding agreement enforceable against any party executing the same in accordance with the respective terms thereof or shall in any way be terminated or become or be declared ineffective or inoperative or shall in any way whatsoever cease to give or provide the liens, security interests, rights, titles, interests, remedies, powers or privileges intended to be created thereby; (f) Maker shall (1) apply for or consent to the appointment of a receiver, trustee, intervenor, custodian or liquidator of itself or of all or a substantial part of its assets, (2) be adjudicated a bankrupt or insolvent or file a voluntary petition for bankruptcy or admit in writing that it is unable to pay its debts as they become due, (3) make a general assignment for the benefit of creditors, (4) file a petition or answer seeking reorganization or an arrangement with creditors or to take advantage of any bankruptcy or insolvency laws, or (5) file an answer admitting the material allegations of, or consent to, or default in answering, a petition filed against it in any bankruptcy, reorganization or insolvency proceeding, or take corporate action for the purpose of effecting any of the foregoing; (g) an order, judgment or decree shall be entered by any court of competent jurisdi...
Events of Default and Remedies. 83 Section 8.01. Events of Default .............................................................................................................. 83 Section 8.02. Remedies Upon Event of Default ..................................................................................... 85 Section 8.03.
Events of Default and Remedies. (a) Any one or more of the following events which shall have occurred and be continuing shall constitute an event of default ("Event of Default"):
