Common use of Rights and Remedies of Holder Clause in Contracts

Rights and Remedies of Holder. Upon the occurrence of an event of default by Maker under this Note or at any time before default when the Holder reasonably feels insecure, then, in addition to all other rights and remedies at law or in equity, Holder may exercise any one or more of the following rights and remedies: a. Accelerate the time for payment of all amounts payable under this Note by written notice thereof to Maker, whereupon all such amounts shall be immediately due and payable. b. Pursue any other rights or remedies available to Holder at law or in equity.

Appears in 2 contracts

Samples: Secured Convertible Promissory Note (Globe Photos, Inc.), Secured Convertible Promissory Note (Globe Photos, Inc.)

AutoNDA by SimpleDocs

Rights and Remedies of Holder. Upon the occurrence of an event of default by Maker under this Note or at any time before default when the Holder reasonably feels insecureNote, then, in addition to all other rights and remedies at law or in equity, Holder may exercise any one or more of the following rights and remedies: a. Accelerate the time for payment of all amounts payable under this Note by written notice thereof to Maker, whereupon all such amounts shall be immediately due and payable. b. Pursue any other rights or remedies available to Holder at law or in equity.

Appears in 1 contract

Samples: Convertible Promissory Note (Myriad Interactive Media, Inc.)

AutoNDA by SimpleDocs

Rights and Remedies of Holder. Upon the occurrence of an event of default by Maker under this Note or at any time before default when the Holder reasonably feels insecureNote, then, in addition to all other rights and remedies at law or in equity, Holder may exercise any one or more of the following rights right s and remedies: a. Accelerate the time for payment of all amounts payable under this Note by written notice thereof to Maker, whereupon all such amounts shall be immediately due and payable. b. Pursue any other rights or remedies available to Holder at law or in equity.

Appears in 1 contract

Samples: Convertible Promissory Note (Myriad Interactive Media, Inc.)

Draft better contracts in just 5 minutes Get the weekly Law Insider newsletter packed with expert videos, webinars, ebooks, and more!