Events of Defaults Remedies Sample Clauses

Events of Defaults Remedies. 2.1 The occurrence of an Event of Default under the Loan Agreement shall constitute a default by Borrower under this Note (hereinafter an "Event of Default").
Sample 1Sample 2Sample 3See All (6)
AutoNDA by SimpleDocs
Events of Defaults Remedies. 2.1 The occurrence of any one of the following events shall constitute a default by Borrower under this Note (hereinafter an "Event of Default"): (a) if Borrower fails to pay to FINOVA an installment of principal or interest hereunder when due; (b) if Borrower fails to pay any of its Obligations (as defined in the Loan Agreement) to FINOVA when due and payable or declared due and payable; (c) if Borrower fails or neglects to perform, keep or observe any term, provision, covenant, warranty or representation contained in this Note or the Loan Agreement (other than as referred to in (a) or (b) of this paragraph), which is required to be performed, kept or observed by Borrower or if a default occurs under the Loan Agreement, subject to any applicable cure periods as set forth in the Loan Agreement; or (d) the occurrence of a default or an event of default under any agreement, instrument or document heretofore, now or at any time or times hereafter delivered to FINOVA by Borrower or by any guarantor of part or all of Borrower's Obligations to FINOVA.
Sample 1Sample 2
Events of Defaults Remedies. 2.1 The occurrence of any one of the following events shall constitute a default by Borrower under this Note (hereinafter an "Event of -------- Default"): (a) if Borrower fails to pay to FINOVA an installment of principal or ------- interest hereunder when due and the continuance thereof for a period of five (5) days after notice from FINOVA; (b) if Borrower fails to pay any of its Obligations (as defined in the Security Agreement) to FINOVA when due and payable or declared due and payable and the continuance thereof for a period of five (5) days after notice from FINOVA; (c) if Borrower fails or neglects to perform, keep or observe any term, provision, covenant, warranty or representation contained in the Security Documents (other than as referred to in (a) or (b) of this paragraph), which is required to be performed, kept or observed by Borrower or if a default occurs under the Security Agreement, and the continuance thereof for a period of fifteen (15) days after notice from FINOVA; or (d) the occurrence of a default or an event of default under any Security Agreement, instrument or document heretofore, now or at any time or times hereafter delivered to FINOVA by Borrower or by any guarantor of part or all of Borrower's Obligations to FINOVA.
Sample 1
Events of Defaults Remedies. Each of the following events shall constitute an "Event of Default" under this Agreement:
Sample 1
Events of Defaults Remedies. 3.1 Upon the occurrence of any Event of Default, in addition to FINOVA's right to charge interest on the Obligations at the Default Rate: (a) at the option of FINOVA, the entire unpaid amount of all of the Obligations, including, without limitation, the Termination Fee, shall become immediately due and payable without demand, notice or legal process of any kind; (b) FINOVA may, at its option, without demand, notice or legal process of any kind, exercise any and all rights and remedies granted to it by the Loan Agreement or by any other agreement now or hereafter existing between FINOVA and Borrower or between FINOVA and any guarantor of part or all of Borrower's liabilities to FINOVA; and (c) FINOVA may at its option exercise from time to time any other rights and remedies available to it under the Uniform Commercial Code or other law of the State of Arizona.
Sample 1
Events of Defaults Remedies. 2.1 Upon the occurrence of any Event of Default, in addition to FINOVA's right to charge interest on the Obligations at the Default Rate: (a) at the option of FINOVA, the entire unpaid amount of all of the Obligations, including without limitation the Termination Fee and, if applicable, the Make Whole Premium, shall become immediately due and payable without demand, notice or legal process of any kind; (b) FINOVA may, at its option, without demand, notice or legal process of any kind, exercise any and all rights and remedies granted to it by the Loan Agreement or by any other agreement now or hereafter existing between FINOVA and Borrower or between FINOVA and any guarantor of part or all of Borrower's liabilities to FINOVA; and (c) FINOVA may at its option exercise from time to time any other rights and remedies available to it under the Uniform Commercial Code or other law of the State of Arizona.
Sample 1
Events of Defaults Remedies. (a) The occurrence of any of the following events will be deemed to be an “Event of Default” under this Forbearance Agreement or any of the Loan Documents: (i) any event of default as defined under any of the Loan Documents, the terms and conditions of which are incorporated herein by reference as if set forth herein at length; or (ii) the breach of or default in the performance of any term, covenant or condition set forth in this Forbearance Agreement.
Sample 1
AutoNDA by SimpleDocs
Events of Defaults Remedies. 9.1 The occurrence of any one of the following events shall constitute a default by Borrower under this Note (hereinafter an “Event of Default”):
Sample 1
Events of Defaults Remedies 
Sample 1Sample 2Sample 3See All (16)

Related to Events of Defaults Remedies

  • Events of Default Remedies If any of the following events (“Events of Default”) shall occur:

  • Defaults Remedies (a) It shall be an Event of Default:

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

  • Events of Default and Remedies Section 8.01

  • Waiver of Defaults and Events of Default (a) The Noteholders of a majority of the Note Balance of the Controlling Class may waive any Default or Event of Default, except an Event of Default (i) in the payment of principal of or interest on any of the Notes (other than an Event of Default relating to failure to pay principal due only by reason of acceleration) or (ii) in respect of a covenant or provision of this Indenture that cannot be amended, supplemented or modified without the consent of all Noteholders.

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

  • Waiver of Events of Default The Holders representing at least 66% of the Voting Rights affected by a default or Event of Default hereunder may waive such default or Event of Default; provided, however, that (a) a default or Event of Default under clause (i) of Section 7.01 may be waived only by all of the Holders of Certificates affected by such default or Event of Default and (b) no waiver pursuant to this Section 7.04 shall affect the Holders of Certificates in the manner set forth in Section 11.01(b)(i) or (ii). Upon any such waiver of a default or Event of Default by the Holders representing the requisite percentage of Voting Rights affected by such default or Event of Default, such default or Event of Default shall cease to exist and shall be deemed to have been remedied for every purpose hereunder. No such waiver shall extend to any subsequent or other default or Event of Default or impair any right consequent thereon except to the extent expressly so waived.

  • Events of Default Rights and Remedies Section 7.1 Events of Default.

  • Events of Default If any of the following events (“Events of Default”) shall occur:

  • Notification of Defaults and Events of Default Each Lender hereby agrees that, upon learning of the existence of a Default or an Event of Default, it shall promptly notify the Administrative Agent thereof. The Administrative Agent hereby agrees that upon receipt of any notice under this §14.10 it shall promptly notify the other Lenders of the existence of such Default or Event of Default.

Time is Money Join Law Insider Premium to draft better contracts faster.