Common use of RIGHTS AND REMEDIES ON DEFAULT Clause in Contracts

RIGHTS AND REMEDIES ON DEFAULT. a. In addition to all other rights, options and remedies granted or available to Lender under this Agreement or the Loan Documents (each of which is also then exercisable by Lender), or otherwise available at law or in equity, upon or at any time after the occurrence and during the continuance of a Default or an Event of Default, Lender may, in its discretion, withhold or cease making Advances under the Revolving Credit.

Appears in 8 contracts

Samples: Loan and Security Agreement (JetPay Corp), Loan and Security Agreement (WPCS International Inc), Loan and Security Agreement (Colony Rih Holdings Inc)

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RIGHTS AND REMEDIES ON DEFAULT. a. (a) In addition to all other rights, options and remedies granted or available to Lender under this Agreement or the Loan Documents (each of which is also then exercisable by Lender)Documents, or otherwise available at law or in equity, upon or at any time after the occurrence and during the continuance of a an Event of Default or an Unmatured Event of Default, Lender may, in its discretion, withhold or cease making Advances under the Revolving CreditCredit Facility.

Appears in 4 contracts

Samples: Loan and Security Agreement (New York Health Care Inc), Loan and Security Agreement (Healthessentials Solutions Inc), Loan and Security Agreement (Staff Builders Inc /De/)

RIGHTS AND REMEDIES ON DEFAULT. a. (a) In addition to all other rights, options and remedies granted or available to Lender under this Agreement or the Loan Documents (each of which is also then exercisable by Lender)Documents, or otherwise available at law or in equity, upon or at any time after the occurrence and during the continuance of a an Event of Default or an Unmatured Event of Default, Lender may, in its discretion, withhold or cease making Advances and Term Advances under the Revolving CreditCredit Facilities.

Appears in 3 contracts

Samples: Loan and Security Agreement (Providence Service Corp), Loan and Security Agreement (Providence Service Corp), Loan and Security Agreement (Providence Service Corp)

RIGHTS AND REMEDIES ON DEFAULT. a. (a) In addition to all other rights, options and remedies granted or available to Lender under this Agreement or the Loan Documents (each of which is also then exercisable by Lender)Documents, or otherwise available at law or in equity, upon or at any time after the occurrence and during the continuance of a an Event of Default or an Unmatured Event of Default, Lender may, in its reasonable discretion, withhold or cease making Advances under the Revolving CreditAdvances.

Appears in 3 contracts

Samples: Credit Agreement (Green Plains Renewable Energy, Inc.), Credit Agreement (Green Plains Renewable Energy, Inc.), Credit Agreement (Green Plains Renewable Energy, Inc.)

RIGHTS AND REMEDIES ON DEFAULT. a. In addition to all other rights, options and remedies granted or available to Lender under this Agreement or the Loan Documents (each of which is also then exercisable by Lender), or otherwise available at law or in equity, upon or at any time after the occurrence and during the continuance of a Default or an Event of Default, Lender may, in its discretion, withhold or cease making Advances under the Revolving CreditLine of Credit .

Appears in 3 contracts

Samples: Credit Loan Agreement (Loop Media, Inc.), Credit Loan Agreement (Loop Media, Inc.), Credit Loan Agreement (Loop Media, Inc.)

RIGHTS AND REMEDIES ON DEFAULT. a. In addition to all other rights, options and remedies granted or available to Lender under this Agreement or the Loan Documents (each of which is also then exercisable by Lender), or otherwise available at law or in equity, upon or at any time after the occurrence and during the continuance of a Default or an Event of Default, Lender may, in its discretion, withhold or cease making Advances under the Revolving Creditterminate this Agreement.

Appears in 2 contracts

Samples: Loan and Security Agreement (Innovive Pharmaceuticals, Inc.), Loan and Security Agreement (Cytrx Corp)

RIGHTS AND REMEDIES ON DEFAULT. a. In x.Xx addition to all other rights, options and remedies granted or available to Lender under this Agreement or the Loan Documents (each of which is also then exercisable by Lender), or otherwise available at law or in equity, upon or at any time after the occurrence and during the continuance of a Default or an Event of Default, Lender may, in its discretion, withhold or cease making Advances under the Revolving CreditLine of Credit .

Appears in 2 contracts

Samples: Credit Loan Agreement (Loop Media, Inc.), Credit Loan Agreement (Loop Media, Inc.)

RIGHTS AND REMEDIES ON DEFAULT. a. In addition to all other rights, options and remedies granted or available to Lender under this Agreement or the Loan Documents (each of which is also then exercisable by Lender), or otherwise available at law or in equity, upon or at any time after the occurrence and during the continuance of a Default or an Event of Default, Lender may, in its sole discretion, withhold or cease making Advances under the Revolving Credit.

Appears in 2 contracts

Samples: Loan and Security Agreement (Amerinac Holding Corp.), Loan and Security Agreement (Amerinac Holding Corp.)

RIGHTS AND REMEDIES ON DEFAULT. a. In addition to all other rights, options and remedies granted or available to Lender under this Agreement or the Loan Documents (each of which is also then exercisable by Lender), or otherwise available at law or in equity, upon or at any time after the occurrence and during the continuance of a Default or an Event of Default, Lender may, in its discretion, withhold or cease making Advances under the Revolving CreditLoan.

Appears in 1 contract

Samples: Loan and Security Agreement (Point Therapeutics Inc)

RIGHTS AND REMEDIES ON DEFAULT. a. (a) In addition to all other rights, options and remedies granted or available to Lender under this Agreement or the Loan Documents (each of which is also then exercisable by Lender)Documents, or otherwise available at law or in equity, upon or at any time after the occurrence and during the continuance of a Default or an Event of Default, Lender may, in its discretion, withhold charge Borrower’s Default Rate on all then outstanding or cease making Advances under the Revolving Creditthereafter incurred Obligations, unless such Event of Default is cured to Lender’s satisfaction or waived in accordance herewith.

Appears in 1 contract

Samples: Senior Credit Agreement (Minrad International, Inc.)

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RIGHTS AND REMEDIES ON DEFAULT. a. In addition to all other rights, options and remedies granted or available to Lender under this Agreement or the Loan Documents (each of which is also then exercisable by Lender), or otherwise available at law or in equity, upon or at any time after the occurrence and during the continuance of a Default or an Event of Default, Lender may, in its discretion, withhold or cease making Advances under the Revolving CreditCredit Facility and the Guidance Line Facility.

Appears in 1 contract

Samples: Loan Agreement (Lightpath Technologies Inc)

RIGHTS AND REMEDIES ON DEFAULT. a. In addition to all other rights, options and remedies granted or available to Lender under this Agreement or the Loan Documents (each of which is also then exercisable by Lender), or otherwise available at law or in equity, upon or at any time after the occurrence and during the continuance of a Default or an Event of Default, Lender may, in its discretion, withhold or cease making Advances under the Revolving Line of Credit.

Appears in 1 contract

Samples: Credit Loan Agreement (Loop Media, Inc.)

RIGHTS AND REMEDIES ON DEFAULT. a. (a) In addition to all other rights, options and remedies granted or available to Lender under this Agreement or the Loan Documents (each of which is also then exercisable by Lender), or otherwise available at law or in equity, upon or at any time after the occurrence and during the continuance of a Default or an Event of Default, Lender may, in its discretion, withhold or cease making Advances under the Revolving Credit.

Appears in 1 contract

Samples: Loan and Security Agreement (Lakeland Industries Inc)

RIGHTS AND REMEDIES ON DEFAULT. a. In addition to all other rights, options and remedies granted or available to Lender under this Agreement or the Loan Documents (each of which is also then exercisable by Lender), or otherwise available at law or in equity, upon or at any time after the occurrence and during the continuance of a Default or an Event of Default, Lender may, in its discretion, withhold or cease making Advances under the Revolving CreditCredit or modify the terms of the Borrowing Base.

Appears in 1 contract

Samples: Loan and Security Agreement (KeyStone Solutions, Inc.)

RIGHTS AND REMEDIES ON DEFAULT. a. (a) In addition to all other rights, options and remedies granted or available to Lender under this Agreement or the Loan Documents (each of which is also then exercisable by Lender)Documents, or otherwise available at law or in equity, upon or at any time after the occurrence and during the continuance of a Default an Event of Default, or any event which with the giving of notice or the passage of time, or both, would become an Event of Default, Lender may, in its discretion, shall have the option to withhold or cease making Advances under the Revolving Credit.

Appears in 1 contract

Samples: Loan and Security Agreement (Telespectrum Worldwide Inc)

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