Effect of Event of Default. (a) If an Event of Default occurs the Agent may, at any time after its occurrence by notice to the Borrower declare that:
Appears in 6 contracts
Samples: Second Amendment (Neutron Energy, Inc.), Assumption Agreement (Apollo Gold Corp), Substitution Agreement (Apollo Gold Corp)
Effect of Event of Default. (a) If an Event of Default occurs and while it is continuing the Agent may, at any time after its occurrence by notice to the Borrower declare that:
Appears in 3 contracts
Samples: Facility Agreement (Bullfrog Gold Corp.), Facility Agreement (Solitario Exploration & Royalty Corp.), Facility Agreement (Ur-Energy Inc)
Effect of Event of Default. (a) If an Event of Default occurs the Agent may, and if so directed by the Majority Lenders must, at any time after its occurrence while it is continuing by notice to the Borrower declare that:
Appears in 2 contracts
Samples: Facility Agreement (Paringa Resources LTD), Paringa Resources LTD
Effect of Event of Default. (a) If an Event of Default occurs the Agent may, and if so directed by the Majority Financiers must, at any time after its occurrence by notice to the Borrower declare that:
Appears in 1 contract
Samples: Samson Oil & Gas LTD