Common use of Remedies Under Borrower Loan Agreement or Borrower Note Clause in Contracts

Remedies Under Borrower Loan Agreement or Borrower Note. As set forth in this Section 9.10 but subject to Section 9.9 hereof, the Funding Lender shall have the right, in its own name or on behalf of the Governmental Lender, to declare any default and exercise any remedies under the Borrower Loan Agreement or the Borrower Note, whether or not the Governmental Lender Note has been accelerated or declared due and payable by reason of an Event of Default.

Appears in 6 contracts

Samples: Funding Loan Agreement, Funding Loan Agreement, Funding Loan Agreement

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Remedies Under Borrower Loan Agreement or Borrower Note. As set forth in this Section 9.10 but subject to Section 9.9 hereof, the Funding Lender shall have the right, in its own name or on behalf of the Governmental Lender, to declare any default and exercise any remedies under the Borrower Loan Agreement or the Borrower NoteNotes (provided any applicable notice, cure or grace periods have expired), whether or not the Governmental Lender Note has been accelerated or declared due and payable by reason of an Event of Default.

Appears in 5 contracts

Samples: Funding Loan Agreement, Funding Loan Agreement, Funding Loan Agreement

Remedies Under Borrower Loan Agreement or Borrower Note. As set forth in this Section 9.10 but subject to the last paragraph of Section 9.9 9.11 hereof, the Funding Lender shall have the right, in its own name or on behalf of the Governmental Lender, to declare any default and exercise any remedies under the Borrower Loan Agreement or the Borrower Note, whether or not the Governmental Lender Note has been accelerated or declared due and payable by reason of an Event of Default.

Appears in 4 contracts

Samples: Borrower Loan Agreement, Funding Loan Agreement, Funding Loan Agreement

Remedies Under Borrower Loan Agreement or Borrower Note. As set forth in this Section 9.10 but subject to Section 9.9 hereof, the Funding Lender shall have the right, in its own name or on behalf of the Governmental Lender, to declare any default and exercise any remedies under the Borrower Loan Agreement or the Borrower NoteNotes (provided any applicable notice, cure or grace periods have expired), whether or not the Governmental Lender Note has been accelerated or declared due and payable by reason of an Event of Default.Default.‌

Appears in 2 contracts

Samples: Funding Loan Agreement, Funding Loan Agreement

Remedies Under Borrower Loan Agreement or Borrower Note. As set forth in this Section 9.10 but subject to Section 9.9 hereof, the Funding Lender shall have the right, in its own name or on behalf of the Governmental Lender, to declare any default and exercise any remedies under the Borrower Loan Agreement or the Borrower Note, whether or not the Governmental Lender Funding Note has been accelerated or declared due and payable by reason of an Event of Default.

Appears in 1 contract

Samples: Funding Loan Agreement

Remedies Under Borrower Loan Agreement or Borrower Note. As set forth in this Section 9.10 9.11 but subject to Section 9.9 9.10 hereof, the Funding Lender Lender, or the Fiscal Agent at the direction of the Funding Lender, shall have the right, in its own name or on behalf of the Governmental Lender, to declare any default and exercise any remedies under the Borrower Loan Agreement or the Borrower Note, whether or not the Governmental Lender Note has been accelerated or declared due and payable by reason of an Event of Default.

Appears in 1 contract

Samples: Funding Loan Agreement

Remedies Under Borrower Loan Agreement or Borrower Note. As set forth in this Section 9.10 but subject to Section 9.9 hereof, the Funding Lender shall have the right, in its own name or on behalf of the Governmental Lender, to declare any default and exercise any remedies under the Borrower Loan Agreement or the Borrower NoteNotes (provided any applicable‌ notice, cure or grace periods have expired), whether or not the Governmental Lender Note has been accelerated or declared due and payable by reason of an Event of Default.

Appears in 1 contract

Samples: Funding Loan Agreement

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Remedies Under Borrower Loan Agreement or Borrower Note. As set forth in this Section 9.10 but subject to Section 9.9 hereof, the Funding Lender shall have the right, in its own name or on behalf of the Governmental Lender, to declare any default and exercise any remedies under the Borrower Loan Agreement or the Borrower Note, whether or not the Governmental Lender Note Notes has been accelerated or declared due and payable by reason of an Event of Default.

Appears in 1 contract

Samples: Funding Loan Agreement

Remedies Under Borrower Loan Agreement or Borrower Note. As set forth in this Section 9.10 but subject to Section 9.9 hereof, the Funding Lender shall have the right, in its own name or on behalf of the Governmental Lender, to declare any default and exercise any remedies under the Borrower Loan Agreement or the Borrower Note, whether or not the either Governmental Lender Note has been accelerated or declared due and payable by reason of an Event of Default.

Appears in 1 contract

Samples: Funding Loan Agreement

Remedies Under Borrower Loan Agreement or Borrower Note. As set forth in this Section 9.10 but subject to Section 9.9 hereof, the Funding Lender shall have the right, in its own name or on behalf of the Governmental Lender, to declare any default and exercise any remedies under the Borrower Loan Agreement or the Borrower Note, whether or not the Governmental Lender Note Notes has been accelerated or declared due and payable by reason of an Event of Default.

Appears in 1 contract

Samples: Funding Loan Agreement

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