Events of Default Remedies on Default Sample Clauses

Events of Default Remedies on Default. Events of Default . Each of the following shall be an "Event of Default" if it occurs for any reason whatsoever, whether voluntary or involuntary, by operation of law or otherwise:
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Events of Default Remedies on Default. 149152 11.1 Events of Default 149152 11.2 Remedies upon Default 152155 11.3 License 152155 11.4 Setoff 153155 11.5 Remedies Cumulative; No Waiver 153156 11.6 Judgment Currency 153156 Section 12. AGENT 154157 12.1 Appointment, Authority and Duties of Agent 154157 12.2 Agreements Regarding Guarantors, Collateral and Borrower Materials 156159 12.3 Reliance By Agent 158161 12.4 Action Upon Default 158161 12.5 Ratable Sharing 159161 12.6 Indemnification of Agent Indemnitees 159162 12.7 Limitation on Responsibilities of Agent 159162
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Events of Default Remedies on Default. 8.1 Each of the following specified events hereby constitutes and is herein referred to individually as an “Event of Default”:
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Events of Default Remedies on Default. 11.1. Events of Default 11.2. Remedies upon Default 11.3. License 11.4. Setoff 11.5. Remedies Cumulative; No Waiver 11.6. Judgment Currency Section 12. AGENT
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Events of Default Remedies on Default. 95 11.1 Events of Default 95 11.2 Remedies upon Default 97 11.3 License 98 11.4 Setoff 98 11.5 Remedies Cumulative; No Waiver. 98 SECTION 12. AGENT 99 12.1 Appointment, Authority and Duties of Agent. 99
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Events of Default Remedies on Default. You will be in default under this Agreement if any of the following events occurs: (1) If you fail to make any Minimum Payment as required by this Agreement in a timely fashion, (2) if you violate or fail to comply with any of the terms of this Agreement, (3) if you die or become insolvent or bankrupt, (4) if any financial or other information you give us regarding your Account is incorrect or misleading,
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Events of Default Remedies on Default. Any failure of the Assignor to comply with the provisions of this Agreement and any Event of Default under the Loan Agreement shall be considered an “Event of Default” hereunder. Upon and at any time after the occurrence of an Event of Default Lender shall have, at its option, the right, power and authority to exercise and enforce any or all of the following rights and remedies:
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Events of Default Remedies on Default 
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Related to Events of Default Remedies on Default

  • Remedies on Default Whenever an Event of Default shall have happened and be subsisting, either or both of the following remedial steps may be taken:

  • Remedies on Default Etc 31 12.1. Acceleration....................................................31

  • Events of Default Remedies If any of the following events (“Events of Default”) shall occur:

  • LESSOR'S REMEDIES ON DEFAULT If Lessee defaults in the payment of rent or defaults in the performance of any of the other covenants or conditions hereof, Lessor may give Lessee notice of such default and if Lessee does not cure any such default within thirty (30) days after the giving of such notice (or if the default is of a nature that it cannot be completely cured within such period, if Lessee does not commence such cure within such thirty (30) days and thereafter proceed with reasonable diligence and in good faith to cure such default), then Lessor may terminate this Lease on not less than thirty (30) days' notice to Lessee. On the date specified in such notice, the term of this Lease shall terminate and Lessee shall then quit and surrender the Premises to Lessor, without extinguishing Lessee’s liability. If this Lease shall have been so terminated by Lessor, Lessor may at any time thereafter resume possession of the Premises by any lawful means and remove Lessee or other occupants and their effects.

  • RIGHTS AND REMEDIES ON DEFAULT If an Event of Default occurs under this Agreement, at any time thereafter, Lender may exercise any one or more of the following rights and remedies: Accelerate Indebtedness. Declare all Indebtedness, including any prepayment penalty which Grantor would be required to pay, immediately due and payable, without notice of any kind to Grantor.

  • REMEDIES IN EVENT OF DEFAULT Upon the occurrence of an Event of Default, at the option of the Lessor, which may be exercised at any time after an Event of Default shall have occurred, the Lessor shall have all rights and remedies available to it, at law or in equity, including, without limitation, all of the rights and remedies under the Development Documents and the Lease Documents. Subject to the requirements of applicable law, all materials at that time on or near the Leased Property which are the property of the Developer and which are to be used in connection with the completion of the Project shall be subject to the Liens created by the Development Documents. In addition to, and without limitation of, the foregoing, the Lessor is authorized, at the Lessor's option, which may be exercised from time to time, (a) to offset all amounts expended hereunder by the Lessor to complete the construction of the Project and/or exercise any of its other remedies hereunder against any portion of the Development Fee due hereunder and (b) to charge all money expended for completion of the Project against sums hereunder which have not already been advanced (even if the aggregate amount of such sums expended and all amounts previously advanced hereunder exceed the amount of the Project Funds which the Lessor has agreed to advance hereunder); and the Lessee agrees to pay to the Lessor Rent under the Facility Lease, calculated, in part, thereunder based upon all sums advanced hereunder (including, without limitation, all sums expended in good faith by the Lessor in connection with the completion of the Project), and, in addition thereto, the Lessee agrees to pay to the Lessor (as Rent under the Facility Lease), for services in connection with said completion of the Project, such additional sums as shall compensate the Lessor for the time and effort the Lessor and its employees shall have expended in connection therewith. The Lessor is authorized, but not obligated in any event, to do all such things in connection with the construction of the Project as the Lessor, in its sole and absolute discretion, may deem advisable, including, without limitation, the right to make any payments with respect to any obligation of the Developer to the Lessor or to any other Person in connection with the completion of construction of the Project and to make additions and changes in the Project Plans to employ contractors, subcontractors and agents and to take any and all such action, either in the Lessor's own name or in the name of the Developer, and the Developer hereby grants the Lessor an irrevocable power of attorney to act in its name in connection with the foregoing. This power of attorney, being coupled with an interest, shall be irrevocable until all of the Development Obligations are fully paid and performed and shall not be affected by any disability or incapacity which the Developer may suffer and shall survive the same. The power of attorney conferred on the Lessor by the provisions of this Section 11 is provided solely to protect the interests of the Lessor and shall not impose any duty on the Lessor to exercise any such power and neither the Lessor nor such attorney-in-fact shall be liable for any act, omission, error in judgment or mistake of law, except as the same may result from its gross negligence or wilful misconduct. Notwithstanding the foregoing, the Lessee and the Developer acknowledge and agree that, in the event that the Lessor takes possession of the Leased Property and assumes control of the Project as aforesaid, the Lessor shall not be obligated to continue the construction of the Project for any period of time longer than the Lessor shall see fit (in its sole and absolute discretion), and the Lessor may thereafter, at any time, abandon its efforts and refuse to make further payments for the account of the Project, whether or not the Project has been completed. In addition, at the Lessor's option and without demand, notice or protest, the occurrence of any Event of Default shall also constitute a default under any one or more of the Related Party Agreements.

  • Events of Default and Remedies Section 8.01

  • Events of Default Rights and Remedies Section 7.1 Events of Default.

  • Event of Default Remedies 8.1 Any one or more of the following acts or omissions of the Contractor shall constitute an event of default hereunder (“Event of Default”):

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