Remedies of Lender. Upon and after the occurrence of any Event of Default, Lender will have no further obligation to make any Loan or Loans to Borrower, and in addition, at Lender's sole option by written notice to Borrower, Lender take any one or more of the following actions: (a) Lender may immediately terminate the Commitment and all liabilities and obligations of Lender under this Agreement, without affecting Lender's rights under this Agreement and the Note(s); (b) Lender may declare the entire principal amount of and all accrued interest on the Note(s) and all Loans to immediately be due and payable in full, whereupon such amounts will immediately become due and payable in full, provided that in the case of an Event of Default listed in paragraph (d) or (e) of Section 8.1, the principal and interest will immediately become due and payable without the requirement of any notice or other action by Lender; and (c) Exercise all rights and remedies granted under the Loan Documents or otherwise available to Lender at law or in equity.
Appears in 3 contracts
Samples: Revolving Credit Agreement (Marketwatch Com Inc), Revolving Credit Agreement (Marketwatch Com Inc), Revolving Credit Agreement (Marketwatch Com Inc)
Remedies of Lender. Upon and after the occurrence of any Event of DefaultDefault or Sale Transaction, Lender will have no further obligation to make any Loan or Loans to Borrower, and in addition, at Lender's sole option by written notice to Borrower, Lender take any one or more of the following actions:
(a) Lender may immediately terminate the Commitment and all liabilities and obligations of Lender under this Agreement, without affecting Lender's rights under this Agreement and the Note(s);
(b) Lender may declare the entire principal amount of and all accrued interest on the Note(s) and all Loans to immediately be due and payable in full, whereupon such amounts will immediately become due and payable in full, provided that in the case of an Event of Default listed in paragraph (d) or (e) of Section 8.16.1, the principal and interest will immediately become due and payable without the requirement of any notice or other action by Lender; and
(c) Exercise all rights and remedies granted under the Loan Documents or otherwise available to Lender at law or in equity.
Appears in 1 contract
Samples: Revolving Credit Agreement (Security Intelligence Technologies Inc)
Remedies of Lender. Upon and after the occurrence of any Event of DefaultDefault or Sale Transaction, Lender will have no further obligation to make any Loan or Loans to Borrower, and in addition, at Lender's sole option by written notice to Borrower, Lender take any one or more of the following actions:
(a) Lender may immediately terminate the Commitment and all liabilities and obligations of Lender under this Agreement, without affecting Lender's rights under this Agreement and the Note(s);
(b) Lender may declare the entire principal amount of and all accrued interest on the Note(s) and all Loans to immediately be due and payable in full, whereupon such amounts will immediately become due and payable in full, provided that in the case of an Event of Default listed in paragraph (d) or (e) of Section 8.110.1, the principal and interest will immediately become due and payable without the requirement of any notice or other action by Lender; and
(c) Exercise all rights and remedies granted under the Loan Documents or otherwise available to Lender at law or in equity.
Appears in 1 contract
Samples: Revolving Convertible Credit Agreement (Security Intelligence Technologies Inc)
Remedies of Lender. Upon and after the occurrence of any Event of DefaultDefault or Sale Transaction, Lender will have no further obligation to make any Loan or Loans to Borrower, and in addition, at Lender's sole option by written notice to Borrower, Lender take any one or more of the following actions:
(a) Lender may immediately terminate the Commitment and all liabilities and obligations of Lender under this Agreement, without affecting Lender's rights under this Agreement and the Note(s);
(b) Lender may declare the entire principal amount of and all accrued interest on the Note(s) and all Loans to immediately be due and payable in full, whereupon such amounts will immediately become due and payable in full, provided that in the case of an Event of Default listed in paragraph (d) or (e) of Section 8.1, the principal and interest will immediately become due and payable without the requirement of any notice or other action by Lender; and
(c) Exercise all rights and remedies granted under the Loan Documents or otherwise available to Lender at law or in equity.
Appears in 1 contract
Samples: Revolving Convertible Credit Agreement (Odc Partners LLC)
Remedies of Lender. Upon and after the occurrence of any Event of Default, Lender will have no further obligation to make any Loan or Loans to Borrower, and in addition, at Lender's ’s sole option by written notice to Borrower, Lender take any one or more of the following actions:
(a) Lender may immediately terminate the Commitment and all liabilities and obligations of Lender under this Agreement, without affecting Lender's ’s Liens and rights under this Agreement, the Security Agreement and or the Note(s)Note;
(b) Lender may declare the entire principal amount of and all accrued interest on the Note(s) Note and all Loans to immediately be due and payable in full, whereupon such amounts will immediately become due and payable in full, provided that in the case of an Event of Default listed in paragraph (d) or (e) of Section 8.17.1, the principal and interest will immediately become due and payable without the requirement of any notice or other action by Lender; and
(c) Exercise all rights and remedies granted under the Loan Documents or the Security Agreement or otherwise available to Lender at law or in equity.
Appears in 1 contract
Samples: Credit Agreement (Neoforma Inc/Ca/)
Remedies of Lender. Upon and after the occurrence of any Event of Default, Lender will have no further obligation to make any Loan or Loans to Borrower, and in addition, at Lender's sole option by written notice to Borrower, Lender take any one or more of the following actions:
(a) 9.2.1. Lender may immediately terminate the Commitment and all liabilities and obligations of Lender under this Agreement, without affecting Lender's rights under this Agreement and the Note(s);
(b) 9.2.2. Lender may declare the entire principal amount of and all accrued interest on the Note(s) and all Loans to immediately be due and payable in full, whereupon such amounts will immediately become due and payable in full, provided that in the case of an Event of Default listed in paragraph (d) or (e) of Section 8.1, the principal and interest will immediately become due and payable without the requirement of any notice or other action by Lender; andAnd
(c) 9.2.3. Exercise all rights and remedies granted under the Loan Documents or otherwise available to Lender at law or in equityDocuments.
Appears in 1 contract
Samples: Revolving Credit Agreement (Intercloud Systems, Inc.)