Common use of Remedies for Non-Bankruptcy Defaults Clause in Contracts

Remedies for Non-Bankruptcy Defaults. When any Event of Default with respect to a Borrower, other than an Event of Default described in subsection (g) or (h) of Section 8.1 hereof, has occurred and is continuing, the Lender may, by notice to such Borrower, take either or both of the following actions: (i) terminate the Commitment of the Lender available to such Borrower hereunder stated in such notice, and (ii) declare the principal of and the accrued interest on the Notes of such Borrower to be forthwith due and payable and thereupon said Notes, including both principal and interest, shall be and become immediately due and payable together with all other amounts payable under this Agreement without further demand, presentment, protest or notice of any kind.

Remedies for Non-Bankruptcy Defaults. When any Event of Default with respect to a Borrower, other than an Event of Default described in subsection (g) or (h) of Section 8.1 hereof, has occurred and is continuing, the Lender may, by notice to such the Borrower, take either or both of the following actions: (i) terminate the Commitment of the Lender available to such the Borrower hereunder stated in such notice, and (ii) declare the principal of and the accrued interest on the Notes Note of such the Borrower to be forthwith due and payable and thereupon said NotesNote, including both principal and interest, shall be and become immediately due and payable together with all other amounts payable by the Borrower under this Agreement without further demand, presentment, protest or notice of any kind.

Remedies for Non-Bankruptcy Defaults. When any Event of Default with respect to a BorrowerDefault, other than an Event of Default described in subsection subsections (g) or (h) of Section 8.1 hereof, has occurred and is continuing, the Lender Bank may, by notice to such Borrowerthe Company, take either or both of the following actions: (i) terminate the Commitment commitments of the Lender available to such Borrower Bank hereunder on the date (which may be the date thereof) stated in such notice, and (ii) declare the principal of and the accrued interest on the Notes of such Borrower and Reimbursement Obligations then outstanding to be forthwith due and payable and thereupon said NotesNotes and Reimbursement Obligations, including both principal and interest, shall be and become immediately due and payable together with all other amounts payable under this Agreement without further demand, presentment, protest or notice of any kind.