Procedure on Default Sample Clauses

Procedure on Default. (i) If Landlord shall elect to terminate this Master Lease by reason of any Event of Default of Tenant that has occurred and is continuing, and a Permitted Leasehold Mortgagee shall have proceeded in the manner provided for by subsection (d) of this Section 17.1, the specified date for the termination of this Master Lease as fixed by Landlord in its Termination Notice shall be extended for a period of six (6) months; provided that such Permitted Leasehold Mortgagee shall, during such six-month period (and during the period of any continuance referred to in subsection (e)(ii) below):
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Procedure on Default. (i) If Landlord shall elect to terminate this Lease by reason of any Tenant Event of Default that has occurred and is continuing and a Permitted Leasehold Mortgagee shall have proceeded in the manner provided for by subsection (d) of this Section 17.1, the applicable cure periods available pursuant to Section 17.1(d) above shall continue to be extended so long as during such continuance:
Procedure on Default. (a) If Landlord shall elect to terminate this Lease or obtain possession of the Premises by reason of any default of Tenant, and a Leasehold Mortgagee shall have delivered the Nullification Notice set forth in Subsection 18.2.8, the specified date for the termination of this Lease as fixed by Landlord in its Default Notice or for the obtaining of possession shall be extended for a period of six (6) months, provided that such Leasehold Mortgagee shall, during such six (6) month period:
Procedure on Default. (i) If Landlord shall elect to terminate this Agreement by reason of any default of Tenant, Landlord agrees that the termination of this Agreement shall be extended for a period of six months, provided that Marriott shall, during such period:
Procedure on Default. If Landlord shall elect to terminate the Lease by reason of any Event of Default that has occurred and is continuing, and Administrative Agent shall have proceeded in the manner provided for by Section 3 hereof, the specified date for the termination of the Lease as fixed by Landlord in its Termination Notice shall be extended for a period of six (6) months; provided that Administrative Agent shall, during such six-month period (i) pay or cause to be paid the Rent, Additional Charges and other monetary obligations of Tenant under the Lease as the same become due, and continue its good faith efforts to perform or cause to be performed all of Tenant’s other obligations under the Lease, excepting past nonmonetary obligations then in default and not reasonably susceptible of being cured by Administrative Agent and (ii) if not enjoined or stayed pursuant to a bankruptcy or insolvency proceeding or other judicial order, commence and diligently pursue its remedies against Windstream Services and/or its affiliates under the Credit Agreement and the other documents executed in connection therewith and diligently prosecute the same to completion. Nothing in this Section 4, however, shall be construed to extend the Lease beyond the original term thereof as extended by any options to extend the term of the Lease properly exercised by Tenant in accordance with Section 1.4 of the Lease. If the Event of Default shall be cured pursuant to the terms and within the time periods allowed in Section 3 hereof and this Section 4, the Lease shall continue in full force and effect as if Tenant had not defaulted under the Lease.
Procedure on Default. Upon the occurrence of an event of default, and at any time thereafter, Lender may elect to declare the entire Obligation hereby secured immediately due and payable:
Procedure on Default. In the event of default, at Creditor's option, without demand or notice, all or any part of the principal of and interest on the Note shall immediately become due and payable, and Creditor or any officer of the law may take immediate possession of the property without demand, including any improvements or accessions thereto. Creditor may resell the property at public or private sale, with or without the property being at the place of sale, and upon such terms and in such manner as Creditor may determine, and Creditor may become the purchaser thereof at any public sale, all provided that the foregoing is completed in a commercially reasonable manner. From the proceeds of any such sale Creditor shall deduct all expenses of retaking, repairing, and selling such property, including a reasonable attorneys' fee. The balance shall be applied to the amount due, any surplus shall be paid to Debtor.
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Procedure on Default. (i) If Landlord shall elect to terminate this Lease by reason of any Event of Default of Tenant that has occurred and is continuing, and a Permitted Leasehold Mortgagee shall have proceeded in the manner provided for by subsection (d) of this Section 17.1, the specified date for the termination of this Lease as fixed by Landlord in its Termination Notice shall be extended for a period not to exceed three (3) months; provided, that such Permitted Leasehold Mortgagee shall, during such extension period:
Procedure on Default. Upon the occurrence of an event of default, and at any time thereafter, Creditor may elect to declare the entire Obligation hereby secured immediately due and payable and after notice of default has expired, at any time thereafter, without further notice, Creditor may take possession of the Collateral pursuant to the terms of this Agreement. At such time that Creditor elects to take possession of the Collateral, Debtor shall give Creditor its full and complete cooperation in immediately transferring the Collateral to Creditor. At such time as the Collateral has been transferred to Creditor the entire Obligation under the Credit Agreement and the Master Promissory Note shall be deemed paid-in-full and the Creditor shall have no further claims against the Debtor with respect to the Obligation. 12
Procedure on Default. (a) If the Association shall elect to terminate this Sublease by reason of any default of Home Owner, and a Condominium Mortgagee shall have proceeded in the manner provided for by Section 5.6, the specified date for the termination of this Sublease as fixed by the Association in its termination notice shall be extended for a period of six (6) months, provided that such Condominium Mortgagee shall, during such six (6) month period:
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