Common use of Remedies on Default Clause in Contracts

Remedies on Default. Upon the occurrence of any Event of Default, the Bank may, at its sole and absolute election, without demand and only upon such notice as may be required by law:

Appears in 32 contracts

Samples: Credit Agreement (Ixys Corp /De/), Credit Agreement (Primoris Services Corp), Trade Finance Credit Agreement (Variflex Inc)

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Remedies on Default. Upon the occurrence of any Event of Default, the Bank may, at its sole and absolute election, without demand and upon only upon such notice as may be required by law:

Appears in 23 contracts

Samples: Term Loan Agreement (Dove Audio Inc), Credit Agreement (Diamond Multimedia Systems Inc), Line of Credit Agreement (Maxwell Laboratories Inc /De/)

Remedies on Default. Upon the occurrence of any Event of Default, the Bank may, at in its sole and absolute election, without demand and upon only upon such notice as may be required by law:

Appears in 5 contracts

Samples: Term Loan Agreement (Golden State Vintners Inc), Term Loan Agreement (Golden State Vintners Inc), Term Loan Agreement (Scheid Vineyards Inc)

Remedies on Default. Upon the occurrence and during the continuance of any Event of Default, the Bank may, at its sole and absolute election, without demand and only upon such with prompt subsequent notice as may be required by lawto Borrower:

Appears in 4 contracts

Samples: Term Loan Credit Agreement (Elexsys International Inc), Credit Agreement (Elexsys International Inc), Accounts Receivable Credit Agreement (Elexsys International Inc)

Remedies on Default. Upon the occurrence of any Event of Default, the Bank may, at its sole and absolute election, without demand and only upon such notice as may be required by law:.

Appears in 1 contract

Samples: Credit Agreement (Scheid Vineyards Inc)

Remedies on Default. Upon the occurrence of any Event of Default, the Bank may, at its sole and absolute election, without demand demand, and only upon such notice as may be required by law:

Appears in 1 contract

Samples: Credit Agreement (Guidance Software, Inc.)

Remedies on Default. Upon the occurrence of any Event of Default, the Bank may, at its sole and absolute election, without demand and only upon such notice as may be required by law:: 8.1

Appears in 1 contract

Samples: Agreement (Golden State Vintners Inc)

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Remedies on Default. Upon the occurrence of any Event of Default, the Bank may, at its sole and absolute election, without demand and upon only upon such notice as may be required by law:;

Appears in 1 contract

Samples: Line of Credit Agreement (Maxwell Technologies Inc)

Remedies on Default. Upon the of occurrence of any Event of Default, the Bank Bank, may, at its sole and absolute electiondiscretion, without demand and only upon such notice as may be required by law:

Appears in 1 contract

Samples: Commercial Credit Agreement (Interactive Group Inc)

Remedies on Default. Upon the occurrence of any Event of Default, the Bank Bank, may, at its sole and absolute electiondiscretion, without demand and only upon such notice as may be required by law:;

Appears in 1 contract

Samples: 1998 Credit Agreement (Align Rite International Inc)

Remedies on Default. Upon the occurrence of any Event of Default, Default the Bank may, at its sole and absolute election, without demand and only upon such notice as may be required by law:

Appears in 1 contract

Samples: Credit Agreement (Applied Signal Technology Inc)

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