Common use of Lenders Remedies in Event of Default Clause in Contracts

Lenders Remedies in Event of Default. 11.1 Upon any Event of Default, subject only to any cure period(s) expressly provided in the Note or the Security Agreements, the Lender shall be entitled to all of its rights or remedies hereunder, at law or in equity and under the Note, the Security Agreements and any other Loan Document, including, without limitation, the right to declare the outstanding principal balance of the Note, the accrued interest thereon, and all other obligations of the Borrower to the Lender under this Agreement or otherwise to be immediately due and payable, without presentment, demand, protest or other notice of any kind, all of which are hereby expressly waived, anything in this Agreement or in the Note to the contrary notwithstanding, and the Lender's obligation to make any additional Advances hereunder shall be permanently terminated.

Appears in 1 contract

Samples: Loan Agreement (Streicher Mobile Fueling Inc)

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Lenders Remedies in Event of Default. 11.1 12.1 Upon any Event of Default, subject only to any cure period(s) notice requirement and grace period expressly provided in the Note or the Security AgreementsAgreement, the Lender shall be entitled to all of its rights or remedies hereunder, at law or in equity and under the Note, the Security Agreements Agreement and any other Loan Document, including, without limitation, the right to declare the outstanding principal balance of the Note, the accrued interest thereon, and all other obligations of the Borrower to the Lender under this Agreement or otherwise to be immediately due and payable, without presentment, demand, protest or other notice of any kind, all of which are hereby expressly waived, anything in this Agreement or in the Note to the contrary notwithstanding, and the Lender's obligation to make any additional Advances hereunder shall be permanently terminated.

Appears in 1 contract

Samples: Revolving Loan Agreement (Compscripts Inc)

Lenders Remedies in Event of Default. 11.1 l1.l Upon any Event of Default, subject only to any cure period(s) expressly provided in the Note or the Security Agreements, the Lender shall be entitled to all of its rights or remedies hereunder, at law or in equity and under the Note, the Security Agreements and any other Loan Document, including, without limitation, the right to declare the outstanding principal balance of the ofthe Note, the accrued interest thereon, and all other obligations of the ofthe Borrower to the Lender under this Agreement or otherwise to be immediately due and payable, without presentment, demand, protest or other notice of any kind, all of which are hereby expressly waived, anything in this Agreement or in the Note to the contrary notwithstanding, and the Lender's obligation to make any additional Advances hereunder shall be permanently terminated.

Appears in 1 contract

Samples: Loan Agreement (Streicher Mobile Fueling Inc)

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Lenders Remedies in Event of Default. 11.1 9.1 Upon any Event of Default, subject only to any cure period(s) notice requirement and grace period expressly provided in the Note or the Security Agreementsother Loan Documents, the Lender shall be entitled to all of its rights or remedies hereunder, at law or in equity and under the Note, the Security Agreements and any other Loan DocumentDocuments, including, without limitation, the right to declare the outstanding principal balance of the Note, the accrued interest thereon, and all other obligations of the Borrower to the Lender under this Agreement or otherwise to be immediately due and payable, without presentment, demand, protest or other notice of any kind, all of which are hereby expressly waived, anything in this Agreement or in the Note to the contrary notwithstanding, and the Lender's obligation to make any additional Advances hereunder shall be permanently terminated.

Appears in 1 contract

Samples: Revolving Loan Agreement (Jw Charles Financial Services Inc/Fl)

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