Events of Default Rights and Remedies on Default Clause Samples

Events of Default Rights and Remedies on Default. The occurrence of any of the following events shall constitute an "Event of Default":

Events of Default Rights and Remedies on Default. 10.1 Events of Default 10.2 Acceleration of the Obligations

Events of Default Rights and Remedies on Default. 11.1. Events of Default 11.2. Acceleration of the Obligations; Termination of Commitments 11.3. Other Remedies 11.4. Setoff 11.5. Remedies Cumulative; No Waiver. SECTION 12. AGENT 12.1. Appointment, Authority and Duties of Agent. 12.2. Agreements Regarding Collateral 12.3. Reliance By Agent 12.4. Action Upon Default 12.5. Ratable Sharing 12.6. Indemnification of Agent.

Events of Default Rights and Remedies on Default. 58 11.1. Events of Default 58 (A) Payment of Notes 58 (B) Payment of Obligations 59 (C) Misrepresentations 59 (D) Breach of Covenants 59 (E) Default Under Other Agreements 59 (F) Default Under Security Documents 59 (G) Other Defaults 59 (H) Uninsured Losses; Unauthorized Dispositions 59 (I) Adverse Changes 60 (J) Insolvency, Etc 60 (K) Bankruptcy Etc 60 (L) Solvency 60 (M) Business Disruption; Condemnation 60 (N) Change of Ownership 61 (O) ERISA 61 (P) Litigation 61 (Q) Criminal Forfeiture 61 (R) Judgments 61 11.2. Acceleration of the Obligations 61 11.3. Remedies 61 11.4. Remedies Cumulative; No Waiver 63

Events of Default Rights and Remedies on Default. The occurrence of any of the following events shall constitute an "Event of Default": 5.1. Failure to Pay: The Company fails to pay any obligation on its due date, and such failure continues for a period of five (5) business days following Company's knowledge thereof or receipt of written notice from the Lender.

Events of Default Rights and Remedies on Default. Events of Default. The occurrence of any one or more of the following events shall constitute an “Event of Default”: 5.1. Failure to Pay. Company fails to pay any Obligation on the date such amount is due and such failure shall continue for a period of five (5) Business Days following Company’s Knowledge thereof or receipt by Company of written notice from Lender of such failure; provided, however, that the day that such amount is due shall be extended day-for-day for each day that Company's failure to pay any Obligation on such day results from ▇▇▇▇▇▇'s failure to instruct the Account Control Bank with respect to amounts designated in a Payment Certificate for payment of such Obligation;

Events of Default Rights and Remedies on Default. 21- 10.1. Events of Default -21- 10.2. Acceleration of the Obligations -23- 10.3. Other Remedies -23- 10.4. Remedies Cumulative; No Waiver -24-

Events of Default Rights and Remedies on Default. (a) The occurrence of any one or more of the following events or conditions shall constitute an "Event of Default" (each of which Events of Default shall be deemed to be continuing unless and until waived by Agent and Lenders in accordance with the provisions of Section 13(g) hereof): (i) Borrower shall fail to pay any of the Revolver Loan Obligations on the due date thereof (whether due at stated maturity, on demand, upon acceleration or otherwise); (ii) Borrower shall fail or neglect to perform, keep or observe any covenant contained in this Agreement; or (iii) an "Event of Default" under (and as defined in) the Secured Revolver Loan Agreement shall occur. (b) Upon or at any time after the occurrence of an Event of Default, Agent may in its discretion (and, upon receipt of written instructions to do so from either Lender, shall) declare the principal of and any accrued interest on the Revolver Loans and all other Revolver Loan Obligations owing under this Agreement or any of the Related Agreements, whereupon the same shall become without further notice or demand (all of which notice and demand Borrower expressly waives) forthwith due and payable and Borrower shall forthwith pay to Agent for the Pro Rata benefit of Lenders the entire principal of and accrued and unpaid interest on the Revolver Loans and other Revolver Loan Obligations plus reasonable attorneys' fees and expenses if such principal and interest are collected by or through an attorney-at-law. Notwithstanding the foregoing, upon any acceleration of the maturity of any of the Obligations or any demand for payment thereof by Wachovia under the

Events of Default Rights and Remedies on Default. 10.1 Events of Default 10.2 Acceleration of the Obligations 10.3 Other Remedies 10.4 Setoff and Sharing of Payments 10.5 Remedies Cumulative; No Waiver