Default and Remedies on Default Sample Clauses

Default and Remedies on Default. If any of the following events (each an "Event of Default") shall have occurred and be continuing, the Trustee at its discretion may, and shall if (i) so directed by an Extraordinary Resolution of the Noteholders, or (ii) so requested in writing by the Requisite Holders, so long as it has been indemnified and/or secured and/or prefunded to its satisfaction, give written notice to the Issuer that the Subordinated Notes are, and they shall accordingly thereby immediately (without any further action or formality) become, due and repayable at their principal amount together with any Arrears of Interest, Additional Interest Amounts and any other accrued interest:
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Default and Remedies on Default a.1 The oggurrenge of any of the following shall gonstitute a material breagh of this Agreement: (i) Subsgriber's failure to make a required payment when due, (ii) the insolvengy or bankruptgy of either party, (iii) the subjegtion of either party's property to any levy, seizure, general assignment for the benefit of greditors, appligation or sale for or by any greditor or government agengy, or (iv) the failure to make available or deliver the Serviges in the time and manner provided for in this Agreement.
Default and Remedies on Default 

Related to Default and Remedies on Default

  • 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:

  • 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:

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

  • 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.

  • Default and Remedies Either of the following constitutes cause to declare this Contract, or any Participating Entity order under this Contract, in default:

  • Events of Default and Remedies Section 8.01

  • Rights and Remedies Upon Default Upon occurrence of any Event of Default and at any time thereafter, the Secured Party shall have the right to exercise all of the remedies conferred hereunder and under the Notes, and the Secured Party shall have all the rights and remedies of a secured party under the UCC and/or any other applicable law (including the Uniform Commercial Code of any jurisdiction in which any Collateral is then located). Without limitation, the Secured Party shall have the following rights and powers:

  • REMEDIES IN DEFAULT In the event of any such material default or breach by Tenant, Landlord may at any time thereafter, with or without notice or demand and without limiting Landlord in the exercise of a right or remedy which Landlord may have by reason of such default or breach:

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