EVENTS OF DEFAULT; REMEDIES OF LENDER Sample Clauses

EVENTS OF DEFAULT; REMEDIES OF LENDER. Each of the following events or occurrences described in this Section shall constitute an “Event of Default”:
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EVENTS OF DEFAULT; REMEDIES OF LENDER. 20 9.1. Events of Default. 20 9.2. Continuation of Events of Default. 21 9.3. Rights and Remedies with Respect to Loans and Advances. 21 9.4. Rights and Remedies with Respect to Collateral. 21
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EVENTS OF DEFAULT; REMEDIES OF LENDER. The Events of Default hereunder and rights and remedies of Lender upon the occurrence on Event of Default are set forth herein and in the Loan Documents which are incorporated by reference herein.
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EVENTS OF DEFAULT; REMEDIES OF LENDER. The occurrence of any one or more of the following events shall constitute an Event of Default, and upon the occurrence of any Event of Default the Lender may declare this Note to be, and the same shall forthwith become, immediately due and payable and the Lender may exercise all rights and remedies under the Loan Agreement and the Security Documents and as may otherwise be allowed by law:
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EVENTS OF DEFAULT; REMEDIES OF LENDER 
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Related to EVENTS OF DEFAULT; REMEDIES OF LENDER

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

  • Events of Default and Remedies Section 8.01.

  • Waiver of Events of Default The Holders representing at least 66% of the Voting Rights affected by a default or Event of Default hereunder may waive such default or Event of Default; provided, however, that (a) a default or Event of Default under clause (i) of Section 7.01 may be waived only by all of the Holders of Certificates affected by such default or Event of Default and (b) no waiver pursuant to this Section 7.04 shall affect the Holders of Certificates in the manner set forth in Section 11.01(b)(i) or (ii). Upon any such waiver of a default or Event of Default by the Holders representing the requisite percentage of Voting Rights affected by such default or Event of Default, such default or Event of Default shall cease to exist and shall be deemed to have been remedied for every purpose hereunder. No such waiver shall extend to any subsequent or other default or Event of Default or impair any right consequent thereon except to the extent expressly so waived.

  • Default Remedies Any one of the following occurrences shall constitute an ----------------- "EVENT OF DEFAULT" under this Note: (i) failure by the Maker to make any payment of principal or interest when the same becomes due and payable, said failure continuing for thirty (30) days or more; or (ii) if Maker shall fail to pay its debts, make an assignment for the benefit of its creditors, or shall commit an act of bankruptcy, or shall admit in writing its inability to pay its debts as they become due, or shall seek a composition, readjustment, arrangement, liquidation, dissolution or insolvency proceeding under any present or future statute or law, or shall file a petition under any chapter of federal Bankruptcy Code or any similar law, state or federal, now or hereafter existing, or shall become "insolvent" as that term is generally defined under the Federal Bankruptcy Code, or shall in any involuntary bankruptcy case commenced against it file an answer admitting insolvency or inability to pay its debts as they become due, or shall fail to obtain a dismissal of such case within sixty (60) days after its commencement or convert the case from one chapter of the Federal Bankruptcy Code to another chapter, or be the subject of an order for relief in such bankruptcy case, or to be adjudged a bankruptcy or insolvent, or shall have a custodian, trustee or receiver appointed for, or have any court take jurisdiction of its property, or any part thereof, in any proceeding for the purpose of reorganization, arrangement, dissolution or liquidation, and such custodian, trustee, liquidator or receiver shall not be discharged, or such jurisdiction shall not be relinquished, vacated or stayed within sixty (60) days of the appointment. Upon occurrence of an Event of Default hereunder, the entire outstanding principal balance and any unpaid interest then accrued under this Note, shall at the option of the Payee hereof and without demand or notice of any kind to the undersigned or any other person (including, but not limited to, any guarantor now or hereafter existing), immediately become and be due and payable in full. In such event, Payee shall have and may exercise any and all rights and remedies available at law or in equity.

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