EVENTS OF DEFAULT AND CONSEQUENCES THEREOF Sample Clauses

EVENTS OF DEFAULT AND CONSEQUENCES THEREOF. 11.1. The occurrence of any one or more of the following events shall constitute an Event of Default under this Agreement:
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EVENTS OF DEFAULT AND CONSEQUENCES THEREOF. 9.1 If the Borrower shall fail to carry out and perform any of the obligations under this Agreement or commit breach of any of the terms hereof or of the Sanction Letter / Individual Facility Sanction Letter / Transaction Documents or of the terms of the Request which forms the basis of this Agreement, or if any of the representations, warranties, assurances, statements and particulars contained in the Request being found in the Bank’s opinion (which shall be conclusive and binding on the Borrower) to be incorrect, or if after execution hereof, any circumstance shall occur which in the sole judgement of the Bank is prejudicial to or imperils or is likely to prejudice or imperil this Facilities and the securities created thereunder, then the Bank shall, if it thinks fit, be entitled at the risk and expense of the Borrower after giving notice at any time or time after such occurrence and in its sole judgement to refuse to grant the said Facilities or any part thereof which may remain to be disbursed or to recall the said Facilities and/or to enforce the security that may be/is required to be created thereunder. On the question whether any of the events, matters or circumstances mentioned above have or has occurred, the opinion of the Bank shall be final, conclusive and binding on the Borrower, both in and out of court/ judicial/ quasi judicial authority. It shall not be open to the Borrower at any stage to question the decision of the Bank to refuse to grant the said Facilities or any part thereof which may remain to be disbursed or to recall the said Facilities and/or to enforce the security created thereunder.
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EVENTS OF DEFAULT AND CONSEQUENCES THEREOF. 8.1. The Bank may by a written notice to the Borrower, declare all sums outstanding under the Loan (including the principal, interest, charges, expenses) to become due and payable forthwith and enforce the Security upon the occurrence (in the sole decision of the Bank) of any one or more of the following:
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EVENTS OF DEFAULT AND CONSEQUENCES THEREOF. 9.1 Happening or occurrence of any of the following events shall constitute an "Event of Default":
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EVENTS OF DEFAULT AND CONSEQUENCES THEREOF. 7.1 Each of the following shall constitute an “Event of Default”:
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EVENTS OF DEFAULT AND CONSEQUENCES THEREOF. Borrower shall be in default under this Loan Agreement upon the happening of any of the following events of default:
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Related to EVENTS OF DEFAULT AND CONSEQUENCES THEREOF

  • Consequences of Events of Default (i) If an Event of Default has occurred and is continuing, the interest rate on this Note shall increase immediately by an increment of an additional two hundred basis points, to the extent permitted by applicable law. Any increase of the interest rate resulting from the operation of this subparagraph shall terminate as of the close of business on the date on which no Events of Default exist (subject to subsequent increases pursuant to this subparagraph).

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

  • Events of Default Defined The following shall each constitute an "Event of Default" hereunder:

  • Notification of Defaults and Events of Default Each Lender hereby agrees that, upon learning of the existence of a Default or an Event of Default, it shall promptly notify the Administrative Agent thereof. The Administrative Agent hereby agrees that upon receipt of any notice under this §14.10 it shall promptly notify the other Lenders of the existence of such Default or Event of Default.

  • Other Events of Default Determination by COUNTY, the State Fair Employment Commission, or the Federal Equal Employment Opportunity Commission of discrimination having been practiced by CONTRACTOR in violation of State and/or Federal laws thereon.

  • Definition of Events of Default “Event of Default” means the occurrence of any of the following:

  • Events of Default and Acceleration If any of the following events (“Events of Default” or, if the giving of notice or the lapse of time or both is required, then, prior to such notice or lapse of time, “Defaults”) shall occur:

  • Additional Events of Default The parties hereto acknowledge, confirm and agree that the failure of Borrower or any Guarantor to comply with any of the covenants, conditions and agreements contained herein or in any other agreement, document or instrument at any time executed by Borrower or any Guarantor in connection herewith shall constitute an Event of Default under the Financing Agreements.

  • 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.

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

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