Common use of Remedies - Insolvency Events Clause in Contracts

Remedies - Insolvency Events. Upon the occurrence of any Event of Default described in Section 9.7 or 9.8, the obligations of Lender to advance amounts hereunder shall immediately terminate, and all amounts due under the Loan Documents immediately shall become due and payable, all without written notice and without presentment, demand, protest, notice of protest or dishonor, notice of intent to accelerate the maturity thereof, notice of acceleration of the maturity thereof, or any other notice of default of any kind, all of which are hereby expressly waived by Borrower; however, if the Bankruptcy Party under Section 9.7 or 9.8 is other than Borrower, then all amounts due under the Loan Documents shall become immediately due and payable at Lender's election, in Agent's sole discretion.

Remedies - Insolvency Events. Upon the occurrence of any Event of Default described in Section 9.7 10.1(6) or 9.8Section 10.2(2), the obligations of Lender to advance amounts hereunder shall immediately terminate, and all amounts due under the Loan Documents immediately shall become due and payable, all without written notice and without presentment, demand, protest, notice of protest or dishonor, notice of intent to accelerate the maturity thereof, notice of acceleration of the maturity thereof, or any other notice of default of any kind, all of which are hereby expressly waived by Borrower; however, if the Bankruptcy Party under Section 9.7 10.1(6) or 9.8 Section 10.2(2) is other than Borrower, then all amounts due under the Loan Documents shall become immediately due and payable at Lender's election, in AgentLender's sole discretion.

Remedies - Insolvency Events. Upon the occurrence of any Event of Default described in Section 9.7 or 9.8, the obligations of Lender to advance amounts hereunder shall immediately terminate, and all amounts due under the Loan Documents immediately shall become due and payable, all without written notice and without presentment, demand, protest, notice of protest or dishonor, notice of intent to accelerate the maturity thereof, notice of acceleration of the maturity thereof, or any other notice of default of any kind, all of which are hereby expressly waived by BorrowerBorrowers; however, if the Bankruptcy Party under Section 9.7 or 9.8 is other than a Borrower, then all amounts due under the Loan Documents shall become immediately due and payable at Lender's election, in Agent's sole discretion.

Remedies - Insolvency Events. Upon the occurrence of any Event of Default described in Section 9.7 10.11 or 9.8Section 10.12, the obligations of Lender the Lenders to advance amounts hereunder shall immediately terminate, and all amounts due under the Loan Documents immediately shall become due and payable, all without written notice and without presentment, demand, protest, notice of protest or dishonor, notice of intent to accelerate the maturity thereof, notice of acceleration of the maturity thereof, or any other notice of default of any kind, all of which are hereby expressly waived by Borrower; provided, however, if the Bankruptcy Borrower Party under Section 9.7 10.11 or 9.8 Section 10.12 is other than Borrower, then all amounts due under the Loan Documents shall become immediately due and payable at Lender's Administrative Agent’s election, in Agent's sole discretion.

Remedies - Insolvency Events. Upon the occurrence of any Event of Default described in Section 9.7 10.7 or 9.810.8, the obligations of Lender to advance amounts hereunder shall immediately terminate, and all amounts due under the Loan Documents immediately shall become due and payable, all without written notice and without presentment, demand, protest, notice of protest or dishonor, notice of intent to accelerate the maturity thereof, notice of acceleration of the maturity thereof, or any other notice of default of any kind, all of which are hereby expressly waived by Borrower; however, if the Bankruptcy Party under Section 9.7 10.7 or 9.8 10.8 is other than Borrower, then all amounts due under the Loan Documents shall become immediately due and payable at Lender's ’s election, in Agent's Lender’s sole discretion.

Remedies - Insolvency Events. Upon the occurrence of any Event of Default described in Section 9.7 10.7 or 9.8Section 10.8, the obligations of Lender to advance amounts hereunder shall immediately terminate, and all amounts due under the Loan Documents immediately shall become due and payable, all without written notice and without presentment, demand, protest, notice of protest or dishonor, notice of intent to accelerate the maturity thereof, notice of acceleration of the maturity thereof, or any other notice of default of any kind, all of which are hereby expressly waived by Borrower; however, if the Bankruptcy Party under Section 9.7 10.7 or 9.8 Section 10.8 is other than Borrower, then all amounts due under the Loan Documents shall become immediately due and payable at Lender's election, in AgentLender's sole discretion.

Remedies - Insolvency Events. Upon the occurrence of any Event of Default described in Section 9.7 10.9 or 9.810.10, the obligations of Lender the Lenders to advance amounts hereunder shall immediately terminate, and all amounts due under the Loan Documents immediately shall become due and payable, all without written notice and without presentment, demand, protest, notice of protest or dishonor, notice of intent to accelerate the maturity thereof, notice of acceleration of the maturity thereof, or any other notice of default of any kind, all of which are hereby expressly waived by BorrowerBorrower and each Borrower Party; provided, however, if the Bankruptcy Party under Section 9.7 10.9 or 9.8 10.10 is other than Borrower, then all amounts due under the Loan Documents shall become immediately due and payable at Lender's the Administrative Agent’s election, in the Administrative Agent's ’s sole discretion.

Remedies - Insolvency Events. Upon the occurrence of any Event of Default described in Section 9.7 7.7 or 9.87.8, the obligations of Lender to advance Advance amounts hereunder shall immediately terminate, and all amounts due under the Loan Documents immediately shall become due and payable, all without written notice and without presentment, demand, protest, notice of protest or dishonor, notice of intent to accelerate the maturity thereof, notice of acceleration of the maturity thereof, or any other notice of default of any kind, all of which are hereby expressly waived by Borrower; however, if the Bankruptcy Party under Section 9.7 7.7 or 9.8 7.8 is other than Borrower, then all amounts due under the Loan Documents shall become immediately due and payable at Lender's election, in AgentLender's sole discretion.

Remedies - Insolvency Events. Upon the occurrence of any Event of Default described in Section 9.7 or 9.8, the obligations of Senior Lender to advance amounts hereunder shall immediately terminate, and all amounts due under the Senior Loan Documents immediately shall become due and payable, all without written notice and without presentment, demand, protest, notice of protest or dishonor, notice of intent to accelerate the maturity thereof, notice of acceleration of the maturity thereof, or any other notice of default of any kind, all of which are hereby expressly waived by Borrower; however, if the Bankruptcy Party under Section 9.7 or 9.8 is other than Borrower, then all amounts due under the Senior Loan Documents shall become immediately due and payable at Senior Lender's election, in AgentSenior Lender's sole discretion.. Section 10.2

Remedies - Insolvency Events. Upon the occurrence of any Event of Default described in Section 9.7 Sections 8.8 or 9.88.9, the obligations of Lender to advance amounts hereunder shall immediately terminate, and all amounts due under the Loan Documents (excluding the Secured Hedge Agreements) immediately shall become due and payable, all without written notice and without presentment, demand, protest, notice of protest or dishonor, notice of intent to accelerate the maturity thereof, notice of acceleration of the maturity thereof, or any other notice of default of any kind, all of which are hereby expressly waived by BorrowerBorrowers; however, if the Bankruptcy Party under Section 9.7 Sections 8.7 or 9.8 8.8 is other than BorrowerBorrowers, then all amounts due under the Loan Documents shall become immediately due and payable at Lender's Administrative Agent’s election, in Administrative Agent's ’s sole discretion.

Remedies - Insolvency Events. Upon the occurrence of any Event of Default described in Section 9.7 10.8 or 9.8Section 10.9, the obligations of Lender the Lenders to advance amounts hereunder shall immediately terminate, and all amounts due under the Loan Documents immediately shall become due and payable, all without written notice and without presentment, demand, protest, notice of protest or dishonor, notice of intent to accelerate the maturity thereof, notice of acceleration of the maturity thereof, or any other notice of default of any kind, all of which are hereby expressly waived by Borrower; provided, however, if the Bankruptcy Party under Section 9.7 10.8 or 9.8 Section 10.9 is other than Borrower, then all amounts due under the Loan Documents shall become immediately due and payable at Lender's the Administrative Agent’s election, in the Administrative Agent's ’s sole and absolute discretion.

Remedies - Insolvency Events. Upon the occurrence of any Event of Default described in Section ‎Section 9.7 or and ‎Section 9.8, the obligations of Lender to advance amounts hereunder shall immediately terminate, and all amounts due under the Loan Documents immediately shall become due and payable, all without written notice and without presentment, demand, protest, notice of protest or dishonor, notice of intent to accelerate the maturity thereof, notice of acceleration of the maturity thereof, or any other notice of default of any kind, all of which are hereby expressly waived by BorrowerBorrowers; however, if the Bankruptcy Party under Section ‎Section 9.7 or and ‎Section 9.8 is other than a Borrower, then all amounts due under the Loan Documents shall become immediately due and payable at Lender's ’s election, in Agent's ’s sole discretion.

Remedies - Insolvency Events. Upon the occurrence of any Event of Default described in Section 9.7 Sections 8.8 or 9.88.9, the obligations of Lender to advance amounts hereunder shall immediately terminate, and all amounts due under the Loan Documents (excluding the Secured Hedge Agreements) immediately shall become due and payable, all without written notice and without presentment, demand, protest, notice of protest or dishonor, notice of intent to accelerate the maturity thereof, notice of acceleration of the maturity thereof, or any other notice of default of any kind, all of which are hereby expressly waived by BorrowerBorrowers; however, if the Bankruptcy Party under Section 9.7 Sections 8.8 or 9.8 8.9 is other than BorrowerBorrowers, then all amounts due under the Loan Documents shall become immediately due and payable at Lender's Administrative Agent’s election, in Administrative Agent's ’s sole discretion.

Remedies - Insolvency Events. Upon the occurrence of any Event of Default described in Section 9.7 or 9.8, the obligations of Lender to advance amounts hereunder shall immediately terminate, and all amounts due under the Loan Documents immediately shall become due and payable, all without written notice and without presentment, demand, protest, notice of protest or dishonor, notice of intent to accelerate the maturity thereof, notice of acceleration of the maturity thereof, or any other notice of default of any kind, all of which are hereby expressly waived by BorrowerBorrowers; however, if the Bankruptcy Party under Section 9.7 or 9.8 is other than a Borrower, then all amounts due under the Loan Documents shall become immediately due and payable at Lender's ’s election, in Agent's ’s sole discretion.

Remedies - Insolvency Events. Upon the occurrence of any Event of Default described in Section 9.7 9.8 or 9.8, Section 9.9 the obligations of Lender to advance amounts hereunder shall immediately terminate, and all amounts due under the Loan Documents immediately shall become due and payable, all without written notice and without presentment, demand, protest, notice of protest or dishonor, notice of intent to accelerate the maturity thereof, notice of acceleration of the maturity thereof, or any other notice of default of any kind, all of which are hereby expressly waived by Borrower; however, if the Bankruptcy Party under Section 9.7 9.8 or 9.8 Section 9.9 is other than Borrower, then all amounts due under the Loan Documents shall become immediately due and payable at Lender's Administrative Agent’s election, in Administrative Agent's ’s sole discretion.

Remedies - Insolvency Events. Upon the occurrence of any Event of Default described in Section 9.7 or Section 9.8, the obligations of Lender to advance amounts hereunder shall automatically and immediately terminate, and all amounts due under the Loan Documents automatically and immediately shall become due and payable, all without written notice and without presentment, demand, protest, notice of protest or dishonor, notice of intent to accelerate the maturity thereof, notice of acceleration of the maturity thereof, or any other notice of default of any kind, all of which are hereby expressly waived by BorrowerXxxxxxxx; provided; however, that if the Bankruptcy Party under Section 9.7 or Section 9.8 is other than Borrower, then all amounts due under the Loan Documents shall become immediately due and payable at Lender's ’s election, in Agent's Xxxxxx’s sole discretion.

Remedies - Insolvency Events. Upon the occurrence of any Event of Default described in Section 9.7 10.8 or 9.810.9, the obligations of Lender the Lenders to advance amounts hereunder shall immediately terminate, and all amounts due under the Loan Documents immediately shall become due and payable, all without written notice and without presentment, demand, protest, notice of protest or dishonor, notice of intent to accelerate the maturity thereof, notice of acceleration of the maturity thereof, or any other notice of default of any kind, all of which are hereby expressly waived by Borrower; however, if the Bankruptcy Party under Section 9.7 10.8 or 9.8 10.9 is other than Borrower, then all amounts due under the Loan Documents shall become immediately due and payable at Lender's the Administrative Agent’s election, in the Administrative Agent's ’s sole discretion.

Remedies - Insolvency Events. Upon the occurrence of any Event of Default described in Section 9.7 10.8 or 9.810.9, the obligations of Lender the Lenders to advance amounts hereunder shall immediately terminate, and all amounts due under the Loan Documents immediately shall become due and payable, all without written notice and without presentment, demand, protest, notice of protest or dishonor, notice of intent to accelerate the maturity thereof, notice of acceleration of the maturity thereof, or any other notice of default of any kind, all of which are hereby expressly waived by Borrower; provided, however, if the Bankruptcy Party under Section 9.7 10.8 or 9.8 10.9 is other than Borrower, then upon the occurrence of any Event of Default described in Section 10.8 or 10.9, all amounts due under the Loan Documents shall become immediately due and payable at Lender's Administrative Agent’s election, in Administrative Agent's ’s sole and absolute discretion.

Remedies - Insolvency Events. Upon the occurrence of any Event of Default described in Section 9.7 10.7 or 9.8Section 10.8, the obligations of Lender to advance amounts hereunder shall immediately terminate, and all amounts due under the Loan Documents immediately shall become due and payable, all without written notice and without presentment, demand, protest, notice of protest or dishonor, notice of intent to accelerate the maturity thereof, notice of acceleration of the maturity thereof, or any other notice of default of any kind, all of which are hereby expressly waived by Borrower; however, if the Bankruptcy Party under Section 9.7 10.7 or 9.8 Section 10.8 is other than Borrower, then all amounts due under the Loan Documents shall become immediately due and payable at Lender's ’s election, in Agent's Lender’s sole discretion.

Remedies - Insolvency Events. Upon the occurrence of any Event of Default described in Section 9.7 9.8 or 9.89.9, the obligations of Lender the Lenders to advance amounts hereunder shall immediately terminate, and all amounts due under the Loan Documents immediately shall become due and payable, all without written notice and without presentment, demand, protest, notice of protest or dishonor, notice of intent to accelerate the maturity thereof, notice of acceleration of the maturity thereof, or any other notice of default of any kind, all of which are hereby expressly waived by Borrower; however, if the Bankruptcy Party under Section 9.7 9.8 or 9.8 9.9 is other than Borrower, then all amounts due under the Loan Documents shall become immediately due and payable at Lenderthe Administrative Agent's election, in the Administrative Agent's sole discretion.

Remedies - Insolvency Events. Upon the occurrence of any Event of Default described in Section 9.7 10.7 or 9.810.8, the obligations of Lender the Lenders to advance amounts hereunder shall immediately terminate, and all amounts due under the Loan Documents immediately shall become due and payable, all without written notice and without presentment, demand, protest, notice of protest or dishonor, notice of intent to accelerate the maturity thereof, notice of acceleration of the maturity thereof, or any other notice of default of any kind, all of which are hereby expressly waived by BorrowerBorrowers; however, if the Bankruptcy Party under Section 9.7 10.7 or 9.8 10.8 is other than a Borrower, then all amounts due under the Loan Documents shall become immediately due and payable at Lender's Administrative Agent’s election, in Administrative Agent's ’s sole discretion.

Remedies - Insolvency Events. Upon the occurrence of any Event of Default described in Section 9.7 7.7 or 9.87.8, the obligations of Lender to advance amounts hereunder shall immediately terminate, and all amounts due under the Loan Credit Documents immediately and automatically shall become due and payable, all any unfunded portion of the Commitments shall automatically terminate and without written notice and without presentment, demand, protest, notice of protest or dishonor, notice of intent to accelerate the maturity thereof, notice of acceleration of the maturity thereof, or any other notice of default of any kind, all of which are hereby expressly waived by Borrower; however, if the Bankruptcy Party under Section 9.7 7.7 or 9.8 7.8 is other than Borrower, then all amounts due under the Loan Credit Documents shall become immediately due and payable at Lender's Administrative Agent’s election, in Administrative Agent's ’s sole discretion.

Remedies - Insolvency Events. Upon the occurrence of any Event of Default described in Section 9.7 or Section 9.8, the obligations of Lender to advance amounts hereunder shall automatically and immediately terminate, and all amounts due under the Loan Documents automatically and immediately shall become due and payable, all without written notice and without presentment, demand, protest, notice of protest or dishonor, notice of intent to accelerate the maturity thereof, notice of acceleration of the maturity thereof, or any other notice of default of any kind, all of which are hereby expressly waived by Borrower; provided; however, that if the Bankruptcy Party under Section 9.7 or Section 9.8 is other than Borrower, then all amounts due under the Loan Documents shall become immediately due and payable at Lender's ’s election, in Agent's Lender’s sole discretion.

Remedies - Insolvency Events. Upon the occurrence of any Event of Default described in Section 9.7 10.11 or 9.810.12, the obligations of Lender the Lenders to advance amounts hereunder shall immediately terminate, and all amounts due under the Loan Documents immediately shall become due and payable, all without written notice and without presentment, demand, protest, notice of protest or dishonor, notice of intent to accelerate the maturity thereof, notice of acceleration of the maturity thereof, or any other notice of default of any kind, all of which are hereby expressly waived by Borrower; provided, however, if the Bankruptcy Party under Section 9.7 10.11 or 9.8 10.12 is other than Borrower, then all amounts due under the Loan Documents shall become immediately due and payable at Lender's Administrative Agent’s election, in Administrative Agent's ’s sole and absolute discretion.

Remedies - Insolvency Events. Upon the occurrence of any Event of Default described in Section 9.7 10.8 or 9.810.9, the obligations of Lender the Lenders to advance amounts hereunder shall immediately terminate, and all amounts due under the Loan Documents immediately shall become due and payable, all without written notice and without presentment, demand, protest, notice of protest or dishonor, notice of intent to accelerate the maturity thereof, notice of acceleration of the maturity thereof, or any other notice of default of any kind, all of which are hereby expressly waived by Borrower; provided, however, if the Bankruptcy Party under Section 9.7 10.8 or 9.8 10.9 is other than Borrower, then all amounts due under the Loan Documents shall become immediately due and payable at LenderAdministrative Agent's election, in Administrative Agent's sole and absolute discretion.

Remedies - Insolvency Events. Upon the occurrence of any Event of Default described in Section 9.7 10.1(6) or 9.8Section 10.2(2), the obligations of Lender to advance amounts hereunder shall immediately terminate, and all amounts due under the Loan Documents immediately shall become due and payable, all without written notice and without presentment, demand, protest, notice of protest or dishonor, notice of intent to accelerate the maturity thereof, notice of acceleration of the maturity thereof, or any other notice of default of any kind, all of which are hereby expressly waived by Borrower; however, if the Bankruptcy Party under Section 9.7 10.1(6) or 9.8 Section 10.2(2) is other than Borrower, then all amounts due under the Loan Documents shall become immediately due and payable at Lender's ’s election, in Agent's Lender’s sole discretion.

Remedies - Insolvency Events. Upon the occurrence of any Event of Default described in Section 9.7 9.16 or 9.89.17, the obligations of Lender to advance amounts hereunder shall immediately terminate, and all amounts due under the Loan Documents immediately shall become due and payable, all without written notice and without presentment, demand, protest, notice of protest or dishonor, notice of intent to accelerate the maturity thereof, notice of acceleration of the maturity thereof, or any other notice of default of any kind, all of which are hereby expressly waived by BorrowerBorrowers; however, if the Bankruptcy Party under Section 9.7 9.16 or 9.8 9.17 is other than Borrowerany Borrower or a Borrower Party, then all amounts due under the Loan Documents shall become immediately due and payable at Lender's election, in AgentLender's sole discretion.

Remedies - Insolvency Events. Upon the occurrence of any Event of Default described in Section 9.7 Sections 8.8 or 9.88.9, the obligations of Lender to advance amounts hereunder shall immediately terminate, and all amounts due under the Loan Documents (excluding the Secured Hedge Agreements) immediately shall become due and payable, all without written notice and without presentment, demand, protest, notice of protest or dishonor, notice of intent to accelerate the maturity thereof, notice of acceleration of the maturity thereof, or any other notice of default of any kind, all of which are hereby expressly waived by BorrowerBorrowers; however, if the Bankruptcy Party under Section 9.7 Sections 8.7 or 9.8 8.8 is other than BorrowerBorrowers, then all amounts due under the Loan Documents shall become immediately due and payable at Lender's Administrative Agent’s election, in Administrative Agent's ’s sole discretion.. AMENDED AND RESTATED LOAN AGREEMENT – PAGE 91 HTI MOB Portfolio