Common use of ACTIONS AFTER DEFAULT Clause in Contracts

ACTIONS AFTER DEFAULT. The following paragraph applies to borrowers in Colorado, District of Columbia, Iowa, Kansas, Maine, Massachusetts, Missouri, Nebraska, West Virginia, Wisconsin and South Carolina borrowers of state chartered credit unions: When You are in default and after expiration of any right You have under applicable state law to cure Your default, We can demand immediate payment (acceleration) of the entire unpaid balance under this Agreement without giving You advance notice. We may also exercise any other rights given by law when You are in default.

Appears in 8 contracts

Samples: Line of Credit Agreement, Line of Credit Agreement, Line of Credit Agreement

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ACTIONS AFTER DEFAULT. The following paragraph applies to borrowers in Colorado, District of Columbia, Iowa, Kansas, Maine, Massachusetts, Missouri, Nebraska, West Virginia, Wisconsin and South Carolina borrowers of state chartered credit unionsunions lending to South Carolina borrowers: When You you are in default and after expiration of any right You you have under applicable state law to cure Your your default, We we can demand immediate payment (acceleration) of the entire unpaid balance under this Agreement the Plan without giving You you advance notice. We may also exercise any other rights given by law when You are in default.

Appears in 1 contract

Samples: Credit Agreement

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ACTIONS AFTER DEFAULT. The following paragraph applies to borrowers in Colorado, District of Columbia, Iowa, Kansas, Maine, Massachusetts, Missouri, Nebraska, West Virginia, Wisconsin Virginia and South Carolina borrowers of state chartered credit unionsunions lending to South Carolina bor- rowers: When You you are in default and after expiration of any right You you have under applicable state law to cure Your your default, We we can demand immediate payment (acceleration) of the entire unpaid balance under this Agreement the Plan without giving You you advance notice. We may also exercise any other rights given by law when You are in default.

Appears in 1 contract

Samples: Loan Agreement

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