Remedies Following an Event of Default. If any one or more Events of Default shall occur and be continuing, then in each and every such case:
Remedies Following an Event of Default. Upon the occurrence of an Event of Default and at any time thereafter whilst it is continuing or following issuance of an Enforcement Notice (as the case may be), the Intercreditor Agent shall, if so instructed by the Required Lenders, by written notice to the Company:
Remedies Following an Event of Default. (a) Upon the occurrence of an Event of Default, as defined in the Note, upon not less than ten (10) days prior written notice to the Pledgor and the Collateral Agent, the Secured Party, may, at its or their option, request that the Collateral Agent transfer or register the Pledged Collateral or any part thereof into its or their nominee's name with or without any indication that such Pledged Collateral is subject to the lien created hereunder. In addition, upon the occurrence and during the continuance of an Event of Default, the Secured Party may at any time exchange certificates or other instruments representing or evidencing Pledged Collateral for certificates or other instruments of smaller or larger denominations.
Remedies Following an Event of Default. Upon occurrence of an Event of Default defined in subsection (a) to (f) of Section 7, this Note and all accrued interest to the date of such default shall, at the option of the Holder, and following any applicable cure period shall immediately become due and payable without presentment, protest or notice of any kind, all of which are waived by the Company.
Remedies Following an Event of Default. If an Event of Default shall occur, then, at Lender's option, in addition to Lender's remedies set forth in any other Loan Documents or as may be available to Lender at law or in equity, Lender may by written notice to Borrower, (A) declare Lender's obligation to make Advances to be terminated, whereupon the same shall forthwith terminate, and (B) declare the Note, all accrued and unpaid interest thereon and all other amounts payable under the Loan Documents to be, and the same shall thereupon forthwith become, due and payable without presentment, demand, protest or other notice or formality of any kind, all of which are hereby expressly waived by Borrower.
Remedies Following an Event of Default. If an Event of Default is continuing, the Lender may, by notice to the Borrower:
Remedies Following an Event of Default. The Secured Party may, upon or at any time after the occurrence and during the continuance of an Event of Default, at its option, transfer or register the Collateral or any part thereof into its name with or without any indication that such Collateral is subject to the security interest hereunder. The Pledgor hereby appoints the Secured Party as its attorney-in-fact to arrange at the Secured Party's option for such transfer. The Secured Party shall have, in addition to the foregoing and any other rights given under this Agreement or by law, all of the rights and remedies with respect to the Collateral of a secured party under the Uniform Commercial Code as in effect in the State of Illinois or other applicable law. In addition, following the occurrence and during the continuance of an Event of Default, the Secured Party shall have such powers of sale and other powers as may be conferred by applicable law. With respect to the Collateral or any part thereof which shall then be in or shall thereafter come into the possession or custody of the Secured Party or which the Secured Party shall otherwise have the ability to transfer under applicable law, the Secured Party may, in its sole discretion, without notice except as specified below, following the occurrence and during the continuance of an Event of Default, sell or cause the same to be sold at any broker's board or at public or private sale, in one or more sales or lots, at such price as the Secured Party may deem best, for cash or on credit or for future delivery, without assumption of any credit risk on the part of the Secured Party and the purchaser of any or all of the Collateral so sold shall thereafter own the same, absolutely free from any claim, encumbrance or right of any kind whatsoever. Unless any of the Collateral threatens to decline speedily in value or is or becomes of a type sold on a recognized market, the Secured Party will give the Pledgor reasonable notice of the time and place of any public sale thereof, or of the time after which any private sale or other intended disposition is to be made. Any sale of the Collateral conducted in conformity with reasonable commercial practices shall be deemed to be commercially reasonable. Notwithstanding any provision to the contrary contained herein, any requirements of reasonable notice shall be met if ten (10) business days' notice of such sale or disposition is provided to the Pledgor. Any other requirement of notice, demand or advertisement for ...
Remedies Following an Event of Default. (a) Upon the occurrence of an Event of Default, the Instructing Controlling Party may deliver to the Trustee a written notice, with a copy to the Issuer, that an Event of Default has occurred and is continuing. The Trustee shall not be deemed to have any knowledge of the occurrence of an Event of Default, unless and until it has received such a notice from the Instructing Controlling Party. Notwithstanding the foregoing if more than fifty per cent (50%) of the aggregate outstanding principal amount of the Senior Xxxx Xxxxx do not have the benefit of a Credit Facility, then the Trustee may acknowledge that an Event of Default has occurred without notice from the Instructing Controlling Party.
Remedies Following an Event of Default. Notwithstanding anything to the contrary, express or implied, contained in this Agreement (including this Section 4) or in the Purchase Agreement or any other Exhibit thereto (including the Guaranty), an “Event of Default” that would otherwise permit the Secured Parties to exercise any of their rights and remedies under this Agreement shall not be deemed to have occurred if (i) the consummation of the Performance Obligations shall be delayed beyond June 16, 2009, (ii) the Pledgors shall then be responding to comments from the Securities and Exchange Commission and otherwise seeking, in good faith, to perform such Performance Obligations, and (iii) the outstanding principal amount of the Notes shall be increased as provided in the Purchase Agreement.
Remedies Following an Event of Default. If any one or more Events of Default shall occur and be continuing, then in each and every such case: FOIA CONFIDENTIAL TREATMENT REQUEST BY INVENTERGY GLOBAL, INC. IRS EMPLOYER IDENTIFICATION NUMBER 60-0000000 Confidential treatment requested with respect to certain portions hereof denoted with “***”
