Common use of Rights on Default Clause in Contracts

Rights on Default. On the occurrence of an Event of Default, we may exercise our rights under this clause 11, except that in the case of the occurrence of any Event of Default specified in paragraphs (b) or (c) of clause 10.1 (each a “Bankruptcy Default”), the automatic termination provision of this clause shall apply.

Appears in 3 contracts

Samples: www.commerzbank.at, www.commerzbank.co.uk, www.commerzbank.co.uk

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Rights on Default. On the occurrence of an Event of Default, we may exercise our rights under this clause 11clause, except that that, if so specified by us, in the case of the occurrence of any Event of Default specified in paragraphs (b) 9.2 or (c) 9.3 of clause 10.1 the definition of Events of Default (each a “Bankruptcy Default”), the automatic termination provision of this clause shall apply.

Appears in 2 contracts

Samples: statics.hqcjy.cn, statics.hqcjy.cn

Rights on Default. On the occurrence of an Event of Default, we may exercise our rights under this clause 11clause, except that in the case of the occurrence of any Event of Default specified in paragraphs (b) or (c) Clause 14 of clause 10.1 the definition of Events of Default (each a Bankruptcy Default”), the automatic termination provision of this clause shall apply.

Appears in 2 contracts

Samples: www.almahfaza.com, www.almahfaza.com

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Rights on Default. On the occurrence of an Event of Default, we may exercise our rights under this clause 11clause, except that in the case of the occurrence of any Event of Default specified in paragraphs (b) or (c) Clause 15 of clause 10.1 the definition of Events of Default (each a "Bankruptcy Default"), the automatic termination provision of this clause shall apply.

Appears in 1 contract

Samples: www.vfsmarkets.com

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