Common use of Immediate Repayment Clause in Contracts

Immediate Repayment. Without detracting from any right available to the Lender in accordance with the provisions of this Agreement and/or according to law, it is hereby agreed that in the event of one or more of the cases listed below, the Lender may demand the loan to be repaid immediately, in whole or in part, and/or convert the loans and exercise the Liens (if applicable) and to take any steps, including legal proceedings, as deemed appropriate and as permitted by law, all at the Lender’s sole discretion (hereinafter: “Immediate Repayment”):

Appears in 2 contracts

Samples: Conversion Loan Agreement (Hub Cyber Security Ltd.), Conversion Loan Agreement (Hub Cyber Security Ltd.)

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Immediate Repayment. Without detracting derogating from any right available of the Lender’s rights pursuant to the Lender in accordance with the provisions of this Agreement agreement and/or according to the law, it is hereby agreed that in the event of one or more of the cases listed below, the Lender may demand the loan to be repaid immediatelyimmediate repayment of the Loan, in whole or in partexecute guarantees, and/or convert the loans and exercise the Liens (if applicable) and to take any stepsaction, including legal proceedings, action as deemed appropriate it may deem fit and as permitted by law, all at subject to the Lender’s sole exclusive discretion of the Lender (hereinafter: “Immediate Repayment”):

Appears in 1 contract

Samples: Loan Agreement (Hub Cyber Security Ltd.)

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Immediate Repayment. Without detracting from any right available to the Lender in accordance with the provisions of this Agreement and/or according to law, it is hereby agreed that in the event of one or more of the cases listed below, the Lender may demand the loan Loan to be repaid immediately, in whole or in part, and/or convert the loans realize collaterals and exercise the Liens (if applicable) and to take carry out any stepsprocedure, including legal proceedingsprocedures, as deemed it deems appropriate and as permitted by lawthe law allows, all this at the Lender’s sole discretion (hereinafter: “Immediate Repayment”):

Appears in 1 contract

Samples: Conversion Loan Agreement (Hub Cyber Security Ltd.)

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