Events of Defaults Remedies. 2.1 The occurrence of an Event of Default under the Loan Agreement shall constitute a default by Borrower under this Note (hereinafter an "Event of Default"). 2.2 Upon the occurrence of any Event of Default hereunder, the Lenders and the Agent shall have all rights and remedies as may be provided under the Loan Agreement or applicable law.
Appears in 3 contracts
Samples: Loan and Security Agreement (Grant Geophysical Inc), Loan and Security Agreement (Grant Geophysical Inc), Loan and Security Agreement (Grant Geophysical Inc)
Events of Defaults Remedies. 2.1 The occurrence of an Event of Default under the Loan Agreement shall constitute a default by Borrower under this Note (hereinafter an "Event of Default").
2.2 Upon the occurrence of any Event of Default hereunder, the Lenders and the Agent shall have all rights and remedies as may be provided under the Loan Agreement or and applicable law.
Appears in 2 contracts
Samples: Loan and Security Agreement (Grant Geophysical Inc), Loan and Security Agreement (Grant Geophysical Inc)
Events of Defaults Remedies. 2.1 The occurrence of an Event of Default under the Loan Agreement shall constitute a default by Borrower under this Note (hereinafter an "Event of DefaultEVENT OF DEFAULT").
2.2 Upon the occurrence of any Event of Default hereunder, the Lenders and the Agent shall have all rights and remedies as may be provided under the Loan Agreement or applicable law.
Appears in 1 contract
Samples: Loan and Security Agreement (Grant Geophysical Inc)
