Common use of Lender’s Rights and Obligations Clause in Contracts

Lender’s Rights and Obligations. 14.1. The Lender has the right to: declare all amounts owed by the Borrower as exigible and immediately due, to cease the lending, to withdraw the loan, as granted, with any and all deriving consequences and to proceed with the enforcement of securities stipulated in the Agreement, so as to recover the amounts owed by the Borrower, in the event the Borrower fails to fulfill its obligations under the Agreement for more than 90 days.

Appears in 4 contracts

Samples: Loan Agreement, Based Loan Agreement, Based Loan Agreement

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