Common use of Repayment on Event of Default Clause in Contracts

Repayment on Event of Default. When there is an Event of Default, Borrower will, if Bank demands (or, in an Event of Default under Section 9(B), immediately without notice or demand from Bank) repay all of the Advances. The demand may, at Bank's option, include the Advance for each Financed Receivable then outstanding and all accrued Finance Charges, Collateral Handling Fees, attorneys and professional fees, court costs and expenses, and any other Obligations.

Appears in 4 contracts

Samples: Accounts Receivable Financing Agreement (E Sync Networks Inc), Accounts Receivable Financing Agreement (Tanisys Technology Inc), Accounts Receivable Financing Agreement (Micrografx Inc)

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Repayment on Event of Default. When there is an Event of Default, Borrower will, if Bank demands (or, in upon the occurrence of an Event of Default under Section 9(B)8.5, immediately without notice or demand from Bank) repay all of the Advances. The demand may, at Bank's option, include the Advance for each Financed Receivable then outstanding and all accrued Finance Charges, Collateral Handling FeesFee, attorneys attorneys' and professional fees, court costs and expenses, and any other Obligations.

Appears in 1 contract

Samples: Loan and Security Agreement (I/Omagic Corp)

Repayment on Event of Default. When there is an Event of Default, Borrower will, if Bank demands (or, in upon the occurrence of an Event of Default under Section 9(B)8.5, immediately without notice or demand from Bank) repay all of the Advances. The demand may, at Bank's option, include the Advance for each Financed Receivable then outstanding and all accrued Finance Charges, Collateral Handling FeesAdministrative Fee, attorneys reasonable attorneys' and professional fees, court costs and expenses, and any other Obligations.

Appears in 1 contract

Samples: Loan and Security Agreement (Peerless Systems Corp)

Repayment on Event of Default. When there is an Event of Default, Borrower will, if Bank demands (or, in an Event of Default under Section SECTION 9(B), immediately without notice or demand from Bank) repay all of the Advances. The demand may, at Bank's option, include the Advance for each Financed Receivable then outstanding and all accrued Finance Charges, Collateral Handling Administrative Fees, attorneys and professional fees, court costs and expenses, and any other Obligations.

Appears in 1 contract

Samples: Accounts Receivable Financing Agreement (M Wave Inc)

Repayment on Event of Default. When there is an Event of Default, Borrower will, if Bank demands (or, in an Event of Default under Section 9(B), immediately without notice or demand from Bank) repay all of the Advances. The demand may, at Bank's option, include the Advance for each Financed Receivable then outstanding and all accrued Finance Charges, the Early Termination Fee, Collateral Handling FeesFee, attorneys and professional fees, court costs and expenses, and any other Obligations.

Appears in 1 contract

Samples: Accounts Receivable Financing Agreement (Navisite Inc)

Repayment on Event of Default. When there is an Event of Default, Borrower will, if Bank Lender demands (or, in an Event of Default under Section 9(B), immediately without notice or demand from BankLender) repay all of the Advances. The demand may, at BankLender's option, include the Advance for each Financed Receivable then outstanding and all accrued Finance Charges, Collateral Handling Fees, attorneys and professional fees, court costs and expenses, and any other Obligations.

Appears in 1 contract

Samples: Accounts Receivable Financing Agreement (Visual Networks Inc)

Repayment on Event of Default. When there is an Event of Default, Borrower will, if Bank demands (or, in an Event of Default under Section 9(B)8.5, immediately without notice or demand from Bank) repay all of the Advances. The demand may, at Bank's option, include the Advance for each Financed Receivable then outstanding and all accrued Finance Charges, the Facility Fee, the Early Termination Fee, Collateral Handling FeesFee, reasonable attorneys and professional fees, court costs and expenses, and any other Obligations.

Appears in 1 contract

Samples: Loan and Security Agreement (Egenera, Inc.)

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Repayment on Event of Default. When there is an Event of Default, Borrower will, if Bank demands (or, in an Event of Default under Section 9(BSECTION 9(c) or (d), immediately without notice or demand from Bank) repay all of the Advances. The demand may, at Bank's option, include the Advance for each Financed Receivable then outstanding and all accrued Finance Charges, Collateral Handling Fees, attorneys and professional fees, court costs and expenses, and any other Obligations.

Appears in 1 contract

Samples: Accounts Receivable Financing Agreement (Loudeye Corp)

Repayment on Event of Default. When there is an Event of Default, Borrower will, if Bank demands (or, in an Event of Default under Section 9(B10(B), immediately without notice or demand from Bank) repay all of the AdvancesObligations. The demand may, at Bank's option, include the Advance or Exim Advance, as the case may be, for each Financed Receivable or Exim Financed Receivable then outstanding and all accrued Finance Charges, Collateral Handling Fees, attorneys and professional fees, court costs and expenses, and any other Obligations.

Appears in 1 contract

Samples: Accounts Receivable Financing Agreement (Tegal Corp /De/)

Repayment on Event of Default. When there is an Event of Default, Borrower will, if Bank demands (or, in an Event of Default under Section 9(B), immediately without notice or demand from Bank) repay all of the Advances. The demand may, at Bank's option, include the Advance for each Financed Receivable then outstanding and all accrued Finance Charges, Collateral Handling Fees, reasonable attorneys and professional fees, court costs and expenses, and any other Obligations.

Appears in 1 contract

Samples: Accounts Receivable Financing Agreement (Gensym Corp)

Repayment on Event of Default. When there is an Event of Default, Borrower will, if Bank demands (or, in an Event of Default under Section 9(B10(B), immediately without notice or demand from Bank) repay all of the Advances. The demand may, at Bank's option, include the Advance for each Financed Receivable then outstanding and all accrued Finance Charges, the Early Termination Fee, Collateral Handling FeesFee, attorneys and professional fees, court costs and expenses, and any other Obligations.

Appears in 1 contract

Samples: Accounts Receivable Financing Agreement (Exchange Applications Inc)

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