Events of Default Rights and Remedies on Default. 10.1 Events of Default 10.2 Acceleration of the Obligations
Events of Default Rights and Remedies on Default. The occurrence of one or more of the following events shall constitute an “Event of Default”:
Events of Default Rights and Remedies on Default. 11.1. Events of Default
11.2. Acceleration of the Obligations; Termination of Commitments 11.3. Other Remedies 11.4. Setoff 11.5. Remedies Cumulative; No Waiver. SECTION 12. AGENT 12.1. Appointment, Authority and Duties of Agent.
12.2. Agreements Regarding Collateral 12.3. Reliance By Agent 12.4. Action Upon Default 12.5. Ratable Sharing 12.6. Indemnification of Agent.
Events of Default Rights and Remedies on Default. The occurrence of any of the following events shall constitute an "Event of Default":
Events of Default Rights and Remedies on Default. 10.1 Events of Default 10.2 Acceleration of the Obligations
10.3 Other Remedies
10.4 Setoff and Sharing of Payments 10.5 Remedies Cumulative; No Waiver
Events of Default Rights and Remedies on Default. Events of Default. The occurrence of any one or more of the following events shall constitute an “Event of Default”:
5.1. Failure to Pay. Company fails to pay any Obligation on the date such amount is due and such failure shall continue for a period of five (5) Business Days following Company’s Knowledge thereof or receipt by Company of written notice from Lender of such failure; provided, however, that the day that such amount is due shall be extended day-for-day for each day that Company's failure to pay any Obligation on such day results from Xxxxxx's failure to instruct the Account Control Bank with respect to amounts designated in a Payment Certificate for payment of such Obligation;
Events of Default Rights and Remedies on Default. 7.1 [Reserved]
Events of Default Rights and Remedies on Default. 55
6.1 EVENTS OF DEFAULT 55 6.2 ACCELERATION OF THE OBLIGATIONS 57 6.3 REMEDIES 57 6.4 REMEDIES CUMULATIVE 57 6.5 INDEMNIFICATION 58 6.6 INDEMNIFICATION FOR NON-RECOURSE CARVEOUT OBLIGATIONS 58 6.7 EXCULPATION 59 7.1 AUDIT AND APPRAISAL RIGHTS 60 7.2 FEES AND EXPENSES INCURRED BY LENDER 60 7.3 WAIVER BY THE LENDER 61 7.4 SEVERABILITY 61 7.5 MODIFICATION OF AGREEMENT 61 7.6 WAIVERS BY BORROWER 61 7.7 AUTHORIZED SIGNATURE 61 7.8 NOTICES 61 7.9 ASSIGNMENT 62 7.10 COOPERATION 63 7.11 ACTIONS BY LENDER 64 7.12 PERFORMANCE BY LENDER 64 7.13 ENTIRE AGREEMENT 64 7.14 PARTIAL PAYMENT 64 7.15 TIME OF THE ESSENCE 64 7.16 DEFAULT RATE 65 7.17 BROKERAGE COMMISSION 65 7.18 SOLE DISCRETION OF LENDER 65 7.19 USURY LAWS 65 7.20 PUBLICITY 65 7.21 SERVICER 65 7.22 FURTHER ASSURANCES 65
Events of Default Rights and Remedies on Default. The following subsection shall be added to end of Section 5(a) of each Seller Note:
(i) the consummation of a Public Offering; and
(j) any Event of Default under that certain Senior Secured Short Term Promissory Note dated as of July __, 2014.”
Events of Default Rights and Remedies on Default. (a) The occurrence of any one or more of the following events or conditions shall constitute an "Event of Default" (each of which Events of Default shall be deemed to be continuing unless and until waived by Agent and Lenders in accordance with the provisions of Section 13(g) hereof):
(i) Borrower shall fail to pay any of the Revolver Loan Obligations on the due date thereof (whether due at stated maturity, on demand, upon acceleration or otherwise);
(ii) Borrower shall fail or neglect to perform, keep or observe any covenant contained in this Agreement; or (iii) an "Event of Default" under (and as defined in) the Secured Revolver Loan Agreement shall occur.
(b) Upon or at any time after the occurrence of an Event of Default, Agent may in its discretion (and, upon receipt of written instructions to do so from either Lender, shall) declare the principal of and any accrued interest on the Revolver Loans and all other Revolver Loan Obligations owing under this Agreement or any of the Related Agreements, whereupon the same shall become without further notice or demand (all of which notice and demand Borrower expressly waives) forthwith due and payable and Borrower shall forthwith pay to Agent for the Pro Rata benefit of Lenders the entire principal of and accrued and unpaid interest on the Revolver Loans and other Revolver Loan Obligations plus reasonable attorneys' fees and expenses if such principal and interest are collected by or through an attorney-at-law. Notwithstanding the foregoing, upon any acceleration of the maturity of any of the Obligations or any demand for payment thereof by Wachovia under the
