Payment after Default. 2.4.1 At any time after a Potential Event of Default or an Event of Default has occurred and is continuing, or the Notes shall otherwise have become due and payable or the Trustee shall have received any money which it proposes to pay under Clause 7.1 to the Holders, the Trustee may:
Payment after Default. The acceptance of rentals, fees or charges by Authority from Operator for any period or periods after a default by Operator of any of the terms, covenants and conditions herein required to be performed, kept and observed by Operator shall not be deemed a waiver or estoppel of any right on the part of Authority to terminate this Agreement for failure by Operator to so perform, keep or observe any of said terms, covenants or conditions.
Payment after Default. In the event that, and for so long as, any Event of Default shall have occurred and be continuing, the outstanding principal balance of the Loan shall accrue interest at the Default Rate, calculated from the date the Default which gave rise to such Event of Default occurred without regard to any grace or cure periods contained herein.
Payment after Default. The acceptance of rentals, fees or charges by Authority from Concessionaire for any period or periods after a default by Concessionaire of any of the terms, covenants and conditions herein required to be performed, kept and observed by Concessionaire shall not be deemed a waiver or estoppel of any right on the part of Authority to terminate this Agreement for failure by Concessionaire to so perform, keep or observe any of said terms, covenants or conditions.
Payment after Default. No receipt of money hereunder from the Lessee after any such event of default shall operate to reinstate, continue, or extend the right of possession of the Lessee or affect in any way any notice theretofore given to the Lessee or operate as a waiver of the rights given hereby to enforce the payment of any Basic Rent or Additional Rent then due or thereafter falling due or operate as a waiver of any right to recover possession of the Projects or any part thereof by proper suit, action, proceeding, or remedy and, after the service of such notice or after the commencement of any suit, action, or summary proceeding or any other remedy, or after a final order of judgment for the possession of the Projects or any part thereof, the Authority may demand, receive, and collect from the Lessee all money due or thereafter falling due without in any manner affecting such notice, proceeding, suit, action, order, or judgment.
Payment after Default. The acceptance of fees or charges by the City from Concessionaire for any period or periods after a default by Concessionaire of any of the terms, covenants and conditions herein required to be performed, kept and observed by Concessionaire shall not be deemed a waiver or estoppel of any right on the part of the City to cancel this Agreement for failure by Concessionaire to so perform, keep or observe any of said terms, covenants or conditions.
Payment after Default. At any time after a Potential Event of Default has occurred and whilst the same is subsisting or after an Event of Default has occurred and is continuing the Trustee may:
Payment after Default. In the event Holder declares the Loan --------------------- immediately due and payable at a time when a Prepayment Premium would be due, such Prepayment Premium shall be paid upon any tender of payment at any time or upon foreclosure of the Mortgage.
Payment after Default. The acceptance of rents, fees or charges by the City from Concessionaire after a default by Concessionaire shall not be deemed a waiver or estoppel of any right on the part of the City, to include the right to terminate this Agreement.
Payment after Default. If following the occurrence and during the continuance of any Event of Default, Borrower shall tender payment of an amount sufficient to satisfy the Debt at any time prior to a sale or realization of the Collateral, either through foreclosure or the exercise of the other remedies available to Agent under the Mortgage or the Loan Agreement, such tender by Borrower shall be deemed to be a voluntary prepayment under this Note in the amount tendered. At the time of such tender, Borrower shall, in addition to the entire Debt, also pay to Agent the applicable prepayment consideration specified in Section 2.9 and/or 2.8 of the Loan Agreement.
