Events of Default Generally Sample Clauses

Events of Default Generally. An Event of Default shall exist if any of the following events (“Events of Default”) shall occur:
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Events of Default Generally. Immediately upon the occurrence of any Event of Default (other than a Bankruptcy Event of Default, to the extent of any rights and remedies set forth in Section 11.2(a) attendant thereupon), and during its continuation, Administrative Agent may (and, at the written direction of the Required Lenders, Administrative Agent shall) do one or more of the following at any time and from time to time:
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Events of Default Generally. Each of the following events shall be an “Event of Default” hereunder:
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Events of Default Generally. Immediately upon the occurrence of any Event of Default (other than a Bankruptcy Event of Default, to the extent of any rights and remedies set forth in subsection (a) above attendant thereupon), and during its continuation, Administrative Agent may (and, at the written direction of the Required Lenders, Administrative Agent shall) do one or more of the following at any time and from time to time: (i) declare any Obligations immediately due and payable (other than Obligations under any Swap Agreements between a Credit Party and Administrative Agent or any Lender (or any of their respective Affiliates), all of which shall be due in accordance with and governed by the provisions of such Swap Agreements), whereupon they shall be immediately due and payable without diligence, presentment, demand, protest, or notice of any kind, all of which are hereby waived by all Credit Parties to the fullest extent permitted by Applicable Law; (ii) (A) refuse to make Loans, cease the issuance of any Letters of Credit, and refuse to make any other extensions of credit or grant any other financial accommodations to or for the benefit of any Credit Parties; (B) terminate, reduce, or further condition access to any Commitment; (C) without limiting the exercise of any such right existing hereunder prior to any Event of Default occurring, make any adjustment to the Borrowing Base (including by instituting additional Reserves); and (D) without limiting the exercise of any such right existing hereunder prior to any Event of Default occurring, ON DEMAND, require Credit Parties to Cash Collateralize LC Obligations, Bank Product Obligations, and other Obligations that are contingent or not yet due and payable (and, if Credit Parties do not, for whatever reason, provide such Cash Collateral ON DEMAND, Administrative Agent may provide such Cash Collateral with the proceeds of a Revolving Loan funded by itself and each Lender shall fund its Pro Rata Share thereof in accordance with Section 4.1, regardless of whether an Over Advance exists or would result therefrom or any condition precedent to the making of any such Loan has not been satisfied); and (iii) exercise such other rights and remedies that may be available to it under this Agreement, the other Loan Documents, any agreements relating to Bank Products, or under Applicable Law (including the rights of a secured party under the UCC), all of which shall be cumulative with the rights and remedies elsewhere described in this Section 1...
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Events of Default Generally. If an Event of Default exists, Client may, in its discretion, terminate this Agreement and declare the Loan immediately due and payable. Client’s rights and remedies under this Agreement, the Loan Documents, and all other agreements shall be cumulative. No exercise of Client of one right or remedy shall be deemed an election of, or waiver of, any other right or remedy.
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Events of Default Generally. An Event of Default shall occur under this Agreement upon the occurrence of any of the following events (severally “Event of Default” and collectively “Events of Default”): Seller Schedules and/or delivers to Buyer, without Buyer’s consent, energy or other product from a resource other than the Generating Facilities specified in this Agreement; or Seller fails for any reason, including as a result of a Force Majeure Event, to Schedule and/or deliver at least one-half of the Expected Annual Contract Quantity during a Contract Year; or Seller fails to satisfy the credit requirements set forth in Article XX of this Agreement; or Seller sells or transfers Output to any Person other than Buyer; or Seller shall have failed to pay, when due, any rent, fee, charge or obligation of Seller requiring the payment of money under the terms of this Agreement; or Seller shall have failed to maintain any insurance required pursuant to this Agreement; or Seller shall have failed to achieve Commercial Operation Date by the Expected Commercial Operation Date as such deadline is established pursuant to Article 3. Any representation or warranty made by Seller hereunder shall have been false or misleading in any material respect; or Seller shall have made a general assignment of its assets for the benefit of its creditors without prior written approval by Xxxxx; or Seller shall have assigned or otherwise transferred its interest in this Agreement in violation of the provisions contained in this Agreement whether voluntarily or by operation of law; or Seller shall have failed to maintain continuous operations at any Project Site for any thirty (30) consecutive days, have been dispossessed by process of law or otherwise, or have otherwise abandoned the Premises; or A court shall have made or entered any decree or order: (i) adjudging Seller to be bankrupt or insolvent; (ii) approving as properly filed a petition seeking reorganization of Seller or an arrangement under the bankruptcy laws or any other applicable debtor's relief law or statute of the United States or any state thereof; (iii) appointing a receiver, trustee or assignee of Seller in bankruptcy or insolvency or for its property; (iv) directing the winding up or liquidation of Seller and such decree or order shall have continued for a period of sixty (60) days; or (v) Seller shall have voluntarily submitted to or filed a petition seeking any such decree or order; or The sequestration or attachment of or execution or othe...
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Events of Default Generally 
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Related to Events of Default Generally

  • Events of Default, Etc During the period during which an Event of Default shall have occurred and be continuing:

  • Events of Default Any of the following shall constitute an Event of Default:

  • Events of Defaults If one or more of the following events ("Events of Default") shall have occurred and be continuing:

  • Additional Events of Default The parties hereto acknowledge, confirm and agree that the failure of Borrower or any Guarantor to comply with any of the covenants, conditions and agreements contained herein or in any other agreement, document or instrument at any time executed by Borrower or any Guarantor in connection herewith shall constitute an Event of Default under the Financing Agreements.

  • Events of Default Defined The following shall each constitute an "Event of Default" hereunder:

  • Events of Default; Waiver The Holders of a Majority in liquidation amount of Preferred Securities may, by vote, on behalf of the Holders of all of the Preferred Securities, waive any past Event of Default and its consequences. Upon such waiver, any such Event of Default shall cease to exist, and any Event of Default arising therefrom shall be deemed to have been cured, for every purpose of this Preferred Securities Guarantee, but no such waiver shall extend to any subsequent or other default or Event of Default or impair any right consequent thereon.

  • Lease Events of Default The following events shall constitute Lease Events of Default hereunder (whether any such event shall be voluntary or involuntary or come about or be effected by operation of law or pursuant to or in compliance with any judgment, decree or order of any court or any order, rule or regulation of any administrative or governmental body) and each such Lease Event of Default shall be deemed to exist and continue so long as, but only as long as, it shall not have been remedied:

  • No Events of Default No Event of Default has occurred and is continuing nor has any event occurred which, with the giving of notice or the passage of time, or both, would constitute an Event of Default.

  • Events of Default; Notice (a) The Guarantee Trustee shall, within 90 days after the occurrence of an Event of Default, transmit by mail, first class postage prepaid, to the Holders of the Capital Securities and the Guarantor, notices of all Events of Default actually known to a Responsible Officer of the Guarantee Trustee, unless such defaults have been cured before the giving of such notice, provided, however, that the Guarantee Trustee shall be protected in withholding such notice if and so long as a Responsible Officer of the Guarantee Trustee in good faith determines that the withholding of such notice is in the interests of the Holders of the Capital Securities.

  • Other Events of Default Determination by COUNTY, the State Fair Employment Commission, or the Federal Equal Employment Opportunity Commission of discrimination having been practiced by CONTRACTOR in violation of State and/or Federal laws thereon.

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