Notice of Default and Remedies. Upon the happening of any event of Default and such Default continues for a period of ten (10) days for a payment default under the Loan or the Obligations or thirty (30) days for any other type of default, after Lender has mailed or sent written notice of such Default to the Borrower (but with no notice required in the event of a Default under paragraphs (j), (k), or (l) of Section 7.01), Lender may declare the entire principal amount of all Obligations then outstanding, including the Loan and interest accrued thereon, to be immediately due and payable without presentment, demand, protest, notice of protest or dishonor or other notice of default of any kind, all of which are hereby expressly waived by the Borrower and Lender is then authorized to exercise any and all of its rights and remedies under the Collateral Documents and/or the Obligations.
Notice of Default and Remedies. In the event of a Default and such Default continues for a period of fifteen (15) days (five (5) days for the failure to make a payment of principal or interest under the Loans) after Bank has given written notice of such Default to Borrower, Bank, at its option, shall have the right to exercise any and all of Bank's rights under the Loan Documents. Nothing contained herein shall be construed to prohibit Bank from exercising any of its rights under any of the Loan Documents, whether or not there has been a Default, that Bank has the right to exercise under any of the Loan Documents even in the absence of a Default.
Notice of Default and Remedies. LLC shall deliver written notice to the Members of the existence of a default which notice shall also specify the remedy or remedies LLC is pursuing or intends to pursue as a result of such default.
Notice of Default and Remedies. If the Mortgagee has sent to the Mortgagor a notice stating that a Default has occurred and if the Mortgagee in its sole judgement considers that the steps so far taken by the Mortgagee under Sections 9.01 (Mortgagee's Right to Cure) or 9.02 (No Exhaustion Of Remedies Required) of this Agreement have not produced appropriate results, then the Mortgagor shall upon demand of the Mortgagee appoint, by way of a power of attorney in the form as set out in Schedule 2 (Form of Power of Attorney), the Mortgagee, the Mortgagee's representative or representatives and/or such person designated by the Mortgagee, as its representative and issue the relevant power of attorney in accordance with Section 8.11 (
Notice of Default and Remedies. (a) Upon the occurrence of an Event of Default and subsequent written notice to the Corporation by the Investors that the Investors intend to accelerate the due date of the Notes, the Notes shall become immediately due and payable without presentment, demand, protest, nor notice of protest, all of which are hereby expressly waived by the Corporation. Upon the occurrence and during the continuance of any Event of Default, each Investor may, by notice in writing to the Corporation, declare all or any portion of the Notes held by it together with all amounts due thereunder, to be due and such Notes and all such amounts shall thereupon be and become, forthwith due and payable, without presentment, demand, protest, nor notice of protest, all of which are hereby expressly waived by the Corporation.
Notice of Default and Remedies. In the event of a Default and such Default continues for a period of thirty (30) days (five (5) days for the failure to make a payment of principal or interest under the Loans) after Bank has given written notice of such Default to Borrower or after Borrower shall have obtained knowledge of such Default, then, at the option of Bank, the Loans shall be immediately due and payable without presentment, demand, protest, notice of protest or dishonor or other notice of default of any kind, all of which are hereby expressly waived by Borrower, and Bank may exercise any and all rights and remedies which Bank may have under the Loan Documents and/or under applicable law.
Notice of Default and Remedies
