Common use of Exim Direction Clause in Contracts

Exim Direction. Upon the occurrence of an Event of Default, EXIM Bank shall have right to (i) direct Bank to exercise the remedies specified in Section 9.1 hereof and (ii) request that Bank accelerate the maturity of any other loans to Borrower.

Appears in 7 contracts

Sources: Loan and Security Agreement, Export Import Bank Loan and Security Agreement (Stereotaxis, Inc.), Loan and Security Agreement (AtriCure, Inc.)

Exim Direction. Upon the occurrence of an Event of Default, EXIM Exim Bank shall have a right to to: (i) direct Bank to exercise the remedies specified in Section 9.1 hereof and (ii) request that Bank accelerate the maturity of any other loans to BorrowerBorrower as to which Bank has a right to accelerate.

Appears in 4 contracts

Sources: Loan and Security Agreement (Applix Inc /Ma/), Export Import Bank Loan and Security Agreement (Ibasis Inc), Export Import Bank Loan and Security Agreement (Datawatch Corp)

Exim Direction. Upon the occurrence of an Event of Default, EXIM Bank shall have the right to (i) direct Bank to exercise the remedies specified in Section 9.1 hereof and (ii) request that Bank accelerate the maturity of any other loans to Borrower.

Appears in 2 contracts

Sources: Loan and Security Agreement (Aerohive Networks, Inc), Loan and Security Agreement (Aerohive Networks, Inc)

Exim Direction. Upon the occurrence of an Event of Default, EXIM Bank shall have right to (i) direct Bank to exercise the remedies specified in Section 9.1 hereof and (ii) request that Bank accelerate the maturity of any other loans to Borrower.

Appears in 2 contracts

Sources: Loan and Security Agreement (Socket Mobile, Inc.), Export Import Bank Loan and Security Agreement (Socket Mobile, Inc.)

Exim Direction. Upon the occurrence and during the continuance of an Event of Default, EXIM Exim Bank shall have a right to to: (i) direct Bank to exercise the remedies specified in Section 9.1 hereof and (ii) request that Bank accelerate the maturity of any other loans to BorrowerBorrower as to which Bank has a right to accelerate.

Appears in 1 contract

Sources: Loan and Security Agreement (Aspen Technology Inc /De/)

Exim Direction. Upon the occurrence of an Event of Default, EXIM Exim Bank shall have a right to to: (i) direct i).direct Bank to exercise the remedies specified in Section section 9.1 hereof and (ii) request that Bank accelerate the maturity of any other loans to BorrowerBorrower as to which Bank has a right to accelerate.

Appears in 1 contract

Sources: Loan and Security Agreement (Invision Technologies Inc)

Exim Direction. Upon the occurrence of an Event of Default, EXIM Exim Bank shall have the right to (i) direct Bank to exercise the remedies specified in Section 9.1 hereof and (ii) request that Bank accelerate the maturity of any other loans to Borrower.

Appears in 1 contract

Sources: Loan and Security Agreement (Daleen Technologies Inc)