Common use of Remedies - Insolvency Events Clause in Contracts

Remedies - Insolvency Events. Upon the occurrence of any Event of Default described in Section 10.1(6) or Section 10.2(2), the obligations of Lender to advance amounts hereunder shall immediately terminate, and all amounts due under the Loan Documents immediately shall become due and payable, all without written notice and without presentment, demand, protest, notice of protest or dishonor, notice of intent to accelerate the maturity thereof, notice of acceleration of the maturity thereof, or any other notice of default of any kind, all of which are hereby expressly waived by Borrower; however, if the Bankruptcy Party under Section 10.1(6) or Section 10.2(2) is other than Borrower, then all amounts due under the Loan Documents shall become immediately due and payable at Lender's election, in Lender's sole discretion.

Remedies - Insolvency Events. Upon the occurrence of any Event of Default described in Section 10.1(6) 9.7 or Section 10.2(2)9.8, the obligations of Lender to advance amounts hereunder shall immediately terminate, and all amounts due under the Loan Documents immediately shall become due and payable, all without written notice and without presentment, demand, protest, notice of protest or dishonor, notice of intent to accelerate the maturity thereof, notice of acceleration of the maturity thereof, or any other notice of default of any kind, all of which are hereby expressly waived by Borrower; however, if the Bankruptcy Party under Section 10.1(6) 9.7 or Section 10.2(2) 9.8 is other than Borrower, then all amounts due under the Loan Documents shall become immediately due and payable at Lender's election, in LenderAgent's sole discretion.

Remedies - Insolvency Events. Upon the occurrence of any Event of Default described in Section 10.1(6) 10.7 or Section 10.2(2)10.8, the obligations of Lender to advance amounts hereunder shall immediately terminate, and all amounts due under the Loan Documents immediately shall become due and payable, all without written notice and without presentment, demand, protest, notice of protest or dishonor, notice of intent to accelerate the maturity thereof, notice of acceleration of the maturity thereof, or any other notice of default of any kind, all of which are hereby expressly waived by Borrower; however, if the Bankruptcy Party under Section 10.1(6) 10.7 or Section 10.2(2) 10.8 is other than Borrower, then all amounts due under the Loan Documents shall become immediately due and payable at Lender's election, in Lender's sole discretion.

Remedies - Insolvency Events. Upon the occurrence of any Event of Default described in Section 10.1(6) 9.7 or Section 10.2(2)9.8, the obligations of Lender to advance amounts hereunder shall immediately terminate, and all amounts due under the Loan Documents immediately shall become due and payable, all without written notice and without presentment, demand, protest, notice of protest or dishonor, notice of intent to accelerate the maturity thereof, notice of acceleration of the maturity thereof, or any other notice of default of any kind, all of which are hereby expressly waived by BorrowerBorrowers; however, if the Bankruptcy Party under Section 10.1(6) 9.7 or Section 10.2(2) 9.8 is other than a Borrower, then all amounts due under the Loan Documents shall become immediately due and payable at Lender's election, in LenderAgent's sole discretion.

Remedies - Insolvency Events. Upon the occurrence of any Event of Default described in Section 10.1(6) 10.7 or Section 10.2(2)10.8, the obligations of Lender to advance amounts hereunder shall immediately terminate, and all amounts due under the Loan Documents immediately shall become due and payable, all without written notice and without presentment, demand, protest, notice of protest or dishonor, notice of intent to accelerate the maturity thereof, notice of acceleration of the maturity thereof, or any other notice of default of any kind, all of which are hereby expressly waived by Borrower; however, if the Bankruptcy Party under Section 10.1(6) 10.7 or Section 10.2(2) 10.8 is other than Borrower, then all amounts due under the Loan Documents shall become immediately due and payable at Lender's ’s election, in Lender's ’s sole discretion.

Remedies - Insolvency Events. Upon the occurrence of any Event of Default described in Section 10.1(6) 9.16 or Section 10.2(2)9.17, the obligations of Lender to advance amounts hereunder shall immediately terminate, and all amounts due under the Loan Documents immediately shall become due and payable, all without written notice and without presentment, demand, protest, notice of protest or dishonor, notice of intent to accelerate the maturity thereof, notice of acceleration of the maturity thereof, or any other notice of default of any kind, all of which are hereby expressly waived by BorrowerBorrowers; however, if the Bankruptcy Party under Section 10.1(6) 9.16 or Section 10.2(2) 9.17 is other than Borrowerany Borrower or a Borrower Party, then all amounts due under the Loan Documents shall become immediately due and payable at Lender's election, in Lender's sole discretion.

Remedies - Insolvency Events. Upon the occurrence of any Event of Default described in Section 10.1(6) 9.7 or Section 10.2(2)9.8, the obligations of Senior Lender to advance amounts hereunder shall immediately terminate, and all amounts due under the Senior Loan Documents immediately shall become due and payable, all without written notice and without presentment, demand, protest, notice of protest or dishonor, notice of intent to accelerate the maturity thereof, notice of acceleration of the maturity thereof, or any other notice of default of any kind, all of which are hereby expressly waived by Borrower; however, if the Bankruptcy Party under Section 10.1(6) 9.7 or Section 10.2(2) 9.8 is other than Borrower, then all amounts due under the Senior Loan Documents shall become immediately due and payable at Senior Lender's election, in Senior Lender's sole discretion.

Remedies - Insolvency Events. Upon the occurrence of any Event of Default described in Section 10.1(6) 10.7 or Section 10.2(2)10.8, the obligations of Lender to advance amounts hereunder shall immediately terminate, and all amounts due under the Loan Documents immediately shall become due and payable, all without written notice and without presentment, demand, protest, notice of protest or dishonor, notice of intent to accelerate the maturity thereof, notice of acceleration of the maturity thereof, or any other notice of default of any kind, all of which are hereby expressly waived by Borrower; however, if the Bankruptcy Party under Section 10.1(6) 10.7 or Section 10.2(2) 10.8 is other than Borrower, then all amounts due under the Loan Documents shall become immediately due and payable at Lender's ’s election, in Lender's ’s sole discretion.

Remedies - Insolvency Events. Upon the occurrence of any Event of Default described in Section 10.1(6) or Section 10.2(2), the obligations of Lender to advance amounts hereunder shall immediately terminate, and all amounts due under the Loan Documents immediately shall become due and payable, all without written notice and without presentment, demand, protest, notice of protest or dishonor, notice of intent to accelerate the maturity thereof, notice of acceleration of the maturity thereof, or any other notice of default of any kind, all of which are hereby expressly waived by Borrower; however, if the Bankruptcy Party under Section 10.1(6) or Section 10.2(2) is other than Borrower, then all amounts due under the Loan Documents shall become immediately due and payable at Lender's ’s election, in Lender's ’s sole discretion.