Effect of Event of Default. (a) Upon or at any time after the occurrence of an Event of Default the Note Holder or the OF Manager may by notice to the Issuer and the SF Manager declare that the Outstanding Moneys are immediately due and payable. (b) The Issuer must and the SF Manager must cause the Issuer to upon receipt of a notice under clause 9.1(a) immediately repay in full the Outstanding Moneys to the Note Holder.
Appears in 14 contracts
Samples: Facility Agreement (Me Portfolio Management LTD), Top Up Funding Facility Agreement (Me Portfolio Management LTD), Facility Agreement (Me Portfolio Management LTD)
Effect of Event of Default. (a) Upon or at any time after the occurrence of an Event of Default the Note Holder or the OF Manager may by notice to the Issuer and the SF Manager declare that the Outstanding Moneys are immediately due and payable.
(b) The Issuer must and the SF Manager must cause the Issuer to upon receipt of a notice under clause 9.1(a9.2(a) immediately repay in full the Outstanding Moneys to the Note Holder.
Appears in 8 contracts
Samples: Payment Funding Facility Agreement (Me Portfolio Management LTD), Facility Agreement (Me Portfolio Management LTD), Payment Funding Facility Agreement (Me Portfolio Management LTD)
Effect of Event of Default. (a) Upon or at any time after the occurrence of an Event of Default the Note Holder or the OF Manager may by notice to the Issuer and the SF Manager declare that the Outstanding Moneys are immediately due and payable.
(b) The Issuer must and the SF Manager must cause the Issuer to upon receipt of a notice under clause 9.1(a9.1
(a) immediately repay in full the Outstanding Moneys to the Note Holder.
Appears in 2 contracts
Samples: Funding Facility Agreement (Me Portfolio Management LTD), Funding Facility Agreement (Me Portfolio Management LTD)
