Common use of Remedies on Default Etc Clause in Contracts

Remedies on Default Etc. In case any one or more Events of Default shall occur and be continuing, the Lenders may proceed to protect and enforce their rights by an action at law, suit in equity or other appropriate proceeding, whether for the specific performance of any agreement contained herein or in any other Loan Document, or for an injunction against a violation of any of the terms hereof or thereof, or in aid of the exercise of any power granted hereby or thereby or by law. In case of a default in the payment of any principal of or interest on any Note, or in the payment of any fee due hereunder, each Borrower will pay to the Lenders such further amount as shall be sufficient to cover the cost and expense of collection, including the Lenders' attorneys' fees, expenses and disbursements. No course of dealing and no delay on the part of the Lenders in exercising any right shall operate as a waiver thereof or otherwise prejudice the Lenders' rights. No right conferred hereby or by any other Loan Document upon the Lenders shall be exclusive of any other right referred to herein or therein or now or hereafter available at law, in equity, by statute or otherwise.

Remedies on Default Etc. In case any one or more Events of Default shall occur and be continuing, the Lenders may proceed to protect and enforce all of their rights by and remedies under the Loan Documents or applicable law, and may commence an action at law, suit in equity or other appropriate proceeding, whether for the specific performance of any agreement contained herein or in any other Loan Document, or for an injunction against a violation of any of the terms hereof or thereof, or in aid of the exercise of any power granted hereby or thereby or by law. In case of a default in the payment of any principal of or interest on the Revolving Credit Note or any NoteRevolving Credit Loan, or in the payment of any fee due hereunder, each Borrower will pay to the Agent and the Lenders such further amount as shall be sufficient to cover the cost and expense of collection, including the Agent's and Lenders' attorneys' fees, expenses and disbursements. No course of dealing and no delay on the part of the Lenders in exercising any right shall operate as a waiver thereof or otherwise prejudice the Lenders' rights. No right conferred hereby or by any other Loan Document upon the Agent and the Lenders shall be exclusive of any other right referred to herein or therein or now or hereafter available at law, in equity, by statute or otherwise.

Remedies on Default Etc. In case any one or more Events of Default shall occur and be continuing, the Lenders Lender may proceed to protect and enforce their rights by an action at law, suit in equity or other appropriate proceeding, whether for the specific performance of any agreement contained herein or in any Note or the Security Agreement (including but not limited to the provisions of the Security Agreement concerning the appointment of a receiver for the Borrower and their assets) or any other Loan Document, or for an injunction against a violation of any of the terms hereof or thereof, or in aid of the exercise of any power granted hereby or thereby or by law. In case of a default in the payment of any principal of or interest on any Notethe Advances, or in the payment of any fee due hereunderhereunder or under any other Loan Document, each the Borrower will pay to the Lenders Lender such further amount as shall be sufficient to cover the cost costs and expense expenses of collection, including the Lenders' including, without limitation, reasonable attorneys' fees, expenses and disbursements. No course of dealing and no delay on the part of the Lenders Lender in exercising any right shall operate as a waiver thereof or otherwise prejudice the Lenders' rightsrights of the Lender. No right conferred hereby or by any Note or the Security Agreement or other Loan Document upon the Lenders Lender shall be exclusive of any other right referred to herein or therein or now or hereafter available at law, in equity, by statute or otherwise.

Remedies on Default Etc. In case any one or more Events of Default shall occur and be continuing, the Lenders may proceed to protect and enforce their rights by an action at law, suit in equity or other appropriate proceeding, whether for the specific performance of any agreement contained herein or in any other Loan Document, or for an injunction against a violation of any of the terms hereof or thereof, or in aid of the exercise of any power granted hereby or thereby or by law. In case of a default in the payment of any principal of or interest on any Note, or in the payment of any fee due hereunder, each Borrower Borrowers will pay to the Lenders such further amount as shall be sufficient to cover the cost and expense of collection, including the Lenders' attorneys' fees, expenses and disbursements. In addition, with respect to any payment of principal or interest shall remain due and unpaid for more than fifteen (15) days after its due date, the Borrowers shall pay to the Agent for the ratable account of the Lenders a late charge in the amount of five (5%) of such payment in addition to any other amounts due under the Loan Documents. No course of dealing and no delay on the part of the Lenders in exercising any right shall operate as a waiver thereof or otherwise prejudice the Lenders' rights. No right conferred hereby or by any other Loan Document upon the Lenders shall be exclusive of any other right referred to herein or therein or now or hereafter available at law, in equity, by statute or otherwise.

Remedies on Default Etc. In case any one or more Events of Default shall occur and be continuing, the Lenders may proceed to protect and enforce their rights by an action at law, suit in equity or other appropriate proceeding, whether for the specific performance of any agreement contained herein or in any other Loan Document, or for an injunction against a violation of any of the terms hereof or thereof, or in aid of the exercise of any power granted hereby or thereby or by lawlaw and may proceed to liquidate and realize upon any of the Collateral in accordance with their rights as a secured party and mortgagee under the Uniform Commercial Code and under the Loan Documents. In case of a default in the payment of any principal of or interest on any Note, or in the payment of any fee due hereunder, each Borrower the Borrowers will pay to the Lenders such further amount as shall be sufficient to cover the cost and expense of collection, including the Lenders' reasonable attorneys' fees, expenses and disbursements. No course of dealing and no delay on the part of the Lenders in exercising any right shall operate as a waiver thereof or otherwise prejudice the Lenders' rights. No right conferred hereby or by any other Loan Document upon the Lenders shall be exclusive of any other right referred to herein or therein or now or hereafter available at law, in equity, by statute or otherwise.

Remedies on Default Etc. In case any one or more Events of Default shall ----------------------------- occur and be continuing, the Agent and the Lenders may proceed to protect and enforce their rights by an action at law, suit in equity or other appropriate proceeding, whether for the specific performance of any agreement contained herein or in any other Loan Note or Security Document, or for an injunction against a violation of any of the terms hereof or thereof, or in aid of the exercise of any power granted hereby or thereby or by law. In case of a default in the payment of any principal of or interest on any Note, or in the payment of any fee due hereunder, each Borrower the Company will pay to the Lenders such further amount as shall be sufficient to cover the cost and expense of collection, including the Lenders' including, without limitation, reasonable attorneys' fees, expenses and disbursements. No course of dealing and no delay on the part of the Agent or the Lenders in exercising any right shall operate as a waiver thereof or otherwise prejudice the rights of the Agent or the Lenders' rights. No right conferred hereby or by any other Loan Note or Security Document upon the Lenders shall be exclusive of any other right referred to herein or therein or now or hereafter available at law, in equity, by statute or otherwise.