Effect of Event of Default; Remedies of Lenders. (a) Upon the occurrence of any Event of Default, and upon the vote of Majority Lenders, any Lender shall have the right, if such Event of Default shall then be continuing, in addition to all the remedies conferred upon Lenders by the terms of this Agreement or the Term Loan, to do any or all of the following, concurrently or successively, without notice to Borrower:
Appears in 4 contracts
Samples: Confidentiality Agreement (First Colebrook Bancorp, Inc.), Subordinated Loan Agreement (FS Bancorp, Inc.), Subordinated Loan Agreement (SBT Bancorp, Inc.)