Events of Default; Acceleration; Remedies Sample Clauses

Events of Default; Acceleration; Remedies. The occurrence of any one or more of the following events shall constitute a default (an “Event of Default”) under this Agreement:
Sample 1Sample 2Sample 3See All (20)
AutoNDA by SimpleDocs
Events of Default; Acceleration; Remedies. 7.1 The occurrence of any one or more of the following events shall constitute an event of default (an "Event of Default") after the expiration of applicable notice and cure periods, if any, under this Agreement:
Sample 1Sample 2
Events of Default; Acceleration; Remedies. Upon occurrence of any of the following events or conditions. Borrower shall be in default or breach of this Instrument (each event or condition an "Event of Default"):
Sample 1Sample 2
Events of Default; Acceleration; Remedies. (a) The occurrence of any of the following events shall constitute a default by Borrower (“Event of Default”) under this Note: (i) Borrower fails to pay any of Borrower’s Liabilities when due and payable or declared due and payable hereunder; (ii) Borrower fails to perform, keep or observe in any material respect any material obligation under this Note; (iii) a petition under any section or chapter of Title 11 of the United States Code, as amended, or any similar law or regulation is filed by or against Borrower, if Borrower shall make an assignment for the benefit of creditors, or if any similar case or proceeding is filed by Borrower or against it by its creditors, provided that such actions not taken voluntarily by Borrower will not constitute an Event of Default if dismissed or stayed within 60 days thereof; (iv) any material representation and warranty of Borrower is untrue in any material respect and Borrower does not effect a cure by causing such representation and warranty to become true prior to such time as Lender is materially harmed thereby, (v) (1) the Borrower fails to make any payment when due (after any applicable grace period) with respect to the Oxford Senior Loan, the ATEL Senior Loan or any other present or future indebtedness (whether actual or contingent) of the Borrower for or in respect of moneys borrowed in an aggregate principal amount of at least $1,000,000 or (2) any lenders, creditors or similar parties in respect of the agreements referred to in clause (v)(1) of this Section 7(a) declares any such indebtedness to be due and payable prior to its stated maturity date; (vi) the Senior Creditors take possession of, or commence action with a view to the seizure, compulsory acquisition, or possession of the assets of the Borrower; or (vii) an Event of Default (as defined in the Oxford Loan Agreement, including all applicable definitions, as it exists on the date hereof and notwithstanding any amendment or modification after the date hereof) occurs and is continuing.
Sample 1
Events of Default; Acceleration; Remedies. Upon the occurrence of any Event of Default, and at any time thereafter while such Event of Default is continuing, Beneficiary may declare the Deed of Trust Obligations to be immediately due and payable pursuant to the Loan Agreement, and Beneficiary may exercise any one or more of the rights and remedies described herein and in the other Loan Documents.
Sample 1
Events of Default; Acceleration; Remedies 
Sample 1Sample 2Sample 3See All (11)

Related to Events of Default; Acceleration; Remedies

  • Events of Default; Acceleration If any of the following events ("Events of Default") shall occur:

  • Events of Default Acceleration Etc 105 §12.1 Events of Default and Acceleration 105 §12.2 Limitation of Cure Periods 107 §12.3 Termination of Commitments 108 §12.4 Remedies 108 §12.5 Distribution of Collateral Proceeds 108 §13. SETOFF 000 §00. THE AGENT 110 §14.1 Authorization 110 §14.2 Employees and Agents 110 §14.3 No Liability 111 §14.4 No Representations 111 §14.5 Payments 112 §14.6 Holders of Notes 113 §14.7 Indemnity 113 §14.8 Agent as Lender 114 §14.9 Resignation 114 §14.10 Duties in the Case of Enforcement 115 §14.11 Request for Agent Action 115 §14.12 Removal of Agent 115 §14.13 Bankruptcy 000 §00. EXPENSES 116 §16. INDEMNIFICATION 117 §17. SURVIVAL OF COVENANTS, ETC 118 §18. ASSIGNMENT AND PARTICIPATION 118 §18.1 Conditions to Assignment by Lenders 118 §18.2 Register 120 §18.3 New Notes 120 §18.4 Participations 121 §18.5 Pledge by Lender 121 §18.6 No Assignment by Borrower 121 §18.7 Cooperation; Disclosure 121 §18.8 Mandatory Assignment 122 §18.9 Co-Agents 123 §18.10 Treatment of Certain Information; Confidentiality 123 §18.11 Withholding Tax 123 §19. NOTICES 125 §20. RELATIONSHIP 000 §00. GOVERNING LAW; CONSENT TO JURISDICTION AND SERVICE 127 §22. HEADINGS 000 §00. COUNTERPARTS; INTEGRATION; EFFECTIVENESS; ELECTRONIC EXECUTION 128 §24. ENTIRE AGREEMENT, ETC. 000 §00. WAIVER OF JURY TRIAL AND CERTAIN DAMAGE CLAIMS 000 §00. DEALINGS WITH THE BORROWER 129 §27. CONSENTS, AMENDMENTS, WAIVERS, ETC. 000 §00. SEVERABILITY 132 §29. NO UNWRITTEN AGREEMENTS 000 §00. ACKNOWLEDGMENT OF INDEMNITY OBLIGATIONS 000 §00. REPLACEMENT OF NOTES 000 §00. TIME IS OF THE ESSENCE 000 §00. RIGHTS OF THIRD PARTIES 000 §00. GUARANTY 133 §34.1 The Guaranty 133 §34.2 Obligations Unconditional 134 §34.3 Reinstatement 135 §34.4 Certain Waivers 135 §34.5 Remedies 135

  • Events of Default Remedies If any of the following events (“Events of Default”) shall occur:

  • Events of Default, Etc During the period during which an Event of Default shall have occurred and be continuing:

  • Events of Default and Remedies Section 8.01

  • Events of Default; Notice (a) The Guarantee Trustee shall, within 90 days after the occurrence of an Event of Default, transmit by mail, first class postage prepaid, to the Holders of the Capital Securities and the Guarantor, notices of all Events of Default actually known to a Responsible Officer of the Guarantee Trustee, unless such defaults have been cured before the giving of such notice, provided, however, that the Guarantee Trustee shall be protected in withholding such notice if and so long as a Responsible Officer of the Guarantee Trustee in good faith determines that the withholding of such notice is in the interests of the Holders of the Capital Securities.

  • Acceleration; Remedies Upon the occurrence and during the continuance of an Event of Default, then, and in any such event, (a) if such event is a Bankruptcy Event, automatically the Commitments shall immediately terminate and the Loans (with accrued interest thereon), and all other amounts under the Credit Documents (including, without limitation, the maximum amount of all contingent liabilities under Letters of Credit) shall immediately become due and payable, and (b) if such event is any other Event of Default, any or all of the following actions may be taken: (i) with the written consent of the Required Lenders, the Administrative Agent may, or upon the written request of the Required Lenders, the Administrative Agent shall, declare the Commitments to be terminated forthwith, whereupon the Commitments shall immediately terminate; (ii) the Administrative Agent may, or upon the written request of the Required Lenders, the Administrative Agent shall, declare the Loans (with accrued interest thereon) and all other amounts owing under this Agreement and the Notes to be due and payable forthwith and direct the Borrower to pay to the Administrative Agent cash collateral as security for the LOC Obligations for subsequent drawings under then outstanding Letters of Credit an amount equal to the maximum amount of which may be drawn under Letters of Credit then outstanding, whereupon the same shall immediately become due and payable; and/or (iii) with the written consent of the Required Lenders, the Administrative Agent may, or upon the written request of the Required Lenders, the Administrative Agent shall, exercise such other rights and remedies as provided under the Credit Documents and under applicable law.

  • Events of Default; Waiver The Holders of a Majority in liquidation amount of Preferred Securities may, by vote, on behalf of the Holders of all of the Preferred Securities, waive any past Event of Default and its consequences. Upon such waiver, any such Event of Default shall cease to exist, and any Event of Default arising therefrom shall be deemed to have been cured, for every purpose of this Preferred Securities Guarantee, but no such waiver shall extend to any subsequent or other default or Event of Default or impair any right consequent thereon.

  • Events of Default and Termination Events (i) The following provisions of Section 5 will not apply to either Party A or Party B: Section 5(a)(ii) Section 5(a)(iii) Section 5(a)(iv) Section 5(a)(v) Section 5(a)(vi) Section 5(b)(iii) Section 5(b)(iv)

  • Events of Default Rights and Remedies Section 7.1 Events of Default Section 7.2 Rights and Remedies Section 7.3 Certain Notices

Time is Money Join Law Insider Premium to draft better contracts faster.