Common use of RIGHTS AND REMEDIES ON DEFAULT Clause in Contracts

RIGHTS AND REMEDIES ON DEFAULT. If an Event of Default occurs under this Agreement, at any time thereafter, Lender may exercise any one or more of the following rights and remedies: Accelerate Indebtedness. Declare all Indebtedness, including any prepayment penalty which Grantor would be required to pay, immediately due and payable, without notice of any kind to Grantor.

Appears in 13 contracts

Samples: Commercial Pledge Agreement (Landsea Holdings Corp), Commercial Pledge Agreement (Laird Superfood, Inc.), Commercial Pledge Agreement (Laird Superfood, Inc.)

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RIGHTS AND REMEDIES ON DEFAULT. If an Event of Default occurs under this Agreement, at any time thereafter, Lender may exercise any one or more of the following rights and remedies: Accelerate Indebtedness. Declare all Indebtedness, including any prepayment penalty which Grantor Borrower would be required to pay, immediately due and payable, without notice of any kind to Borrower or Grantor.

Appears in 9 contracts

Samples: Commercial Pledge Agreement, Commercial Pledge Agreement (Pure Cycle Corp), Commercial Pledge Agreement (Western Capital Resources, Inc.)

RIGHTS AND REMEDIES ON DEFAULT. If an Event of Default occurs under this Agreement, at any time thereafter, Lender may exercise any one or more of the following rights and remedies: Accelerate IndebtednessACCELERATE INDEBTEDNESS. Declare all Indebtedness, including any prepayment penalty which Grantor Borrower would be required to pay, immediately due and payable, without notice of any kind to Borrower or Grantor.

Appears in 6 contracts

Samples: Business Loan Agreement (Advanced Life Sciences Holdings, Inc.), Commercial Pledge and Security Agreement (Success Bancshares Inc), Business Loan Agreement (California Beach Restaurants Inc)

RIGHTS AND REMEDIES ON DEFAULT. If an Event of Default occurs under this Agreement, at any time thereafter, Lender may exercise any one or more of the following rights and remedies: Accelerate IndebtednessACCELERATE INDEBTEDNESS. Declare all Indebtedness, including any prepayment penalty which Grantor would be required to pay, immediately due and payable, without notice of any kind to Grantor.

Appears in 5 contracts

Samples: Commercial Pledge Agreement (Home Bancshares Inc), Commercial Security Agreement (Wellington Hall LTD), Commercial Pledge Agreement (Safe Auto Group, Inc.)

RIGHTS AND REMEDIES ON DEFAULT. If an Event of Default occurs under this Agreement, at any time thereafter, Lender may exercise any one or more of the following rights and remedies: Accelerate Indebtedness. Declare all Indebtedness, including any prepayment penalty which Grantor would be required to pay, immediately due and payable, without notice of any kind to Grantor. Collect the Collateral. Collect any of the Collateral and, at Lender's option and to the extent permitted by applicable law, retain possession of the Collateral while suing on the Indebtedness.

Appears in 4 contracts

Samples: Commercial Pledge Agreement (CASI Pharmaceuticals, Inc.), Commercial Pledge and Security Agreement (Magnavision Corporation), Commercial Pledge and Security Agreement (Utek Corp)

RIGHTS AND REMEDIES ON DEFAULT. If an Event of Default occurs under this Agreement, at any time thereafter, Lender Lenders may exercise any one or more of the following rights and remedies: Accelerate Indebtedness. Declare all Indebtedness, including any prepayment penalty which Grantor would be required to pay, immediately due and payable, without notice of any kind to Grantor.

Appears in 3 contracts

Samples: Commercial Pledge Agreement, Commercial Pledge Agreement (Shepherd's Finance, LLC), Commercial Pledge Agreement (Shepherd's Finance, LLC)

RIGHTS AND REMEDIES ON DEFAULT. If an Event of Default occurs under this Agreement, at any time thereafter, Lender may exercise any one or more of the following rights and remedies: Accelerate Indebtedness. Declare all Indebtednessindebtedness, including any prepayment penalty which Grantor would be required to pay, immediately due and payable, without notice of any kind to Grantor.

Appears in 2 contracts

Samples: Pledge Agreement (Granite Falls Energy, LLC), Pledge Agreement (Granite Falls Energy, LLC)

RIGHTS AND REMEDIES ON DEFAULT. If an Event of Default occurs under this Agreement, at any time thereafter, Lender may exercise any one anyone or more of the following rights and remedies: Accelerate Indebtedness. Declare all Indebtedness, including any prepayment penalty which Grantor Borrower would be required to pay, immediately due and payable, without notice of any kind to Borrower or Grantor.

Appears in 2 contracts

Samples: Commercial Pledge Agreement (Advanced Life Sciences Holdings, Inc.), Commercial Pledge Agreement (Advanced Life Sciences Holdings, Inc.)

RIGHTS AND REMEDIES ON DEFAULT. If an Event of Default occurs under this Agreement, at any time thereafter, Lender may exercise any one or more of the following rights and remedies: Accelerate Indebtedness. Declare all Indebtedness, including any prepayment penalty fee which Grantor Borrower would be required to pay, immediately due and payable, without notice of any kind to Borrower or Grantor.

Appears in 2 contracts

Samples: Commercial Pledge Agreement (ERBA Diagnostics, Inc.), Commercial Pledge Agreement (Wayside Technology Group, Inc.)

RIGHTS AND REMEDIES ON DEFAULT. If an Event of Default occurs under this Agreement, at any time thereafter, Lender may exercise any one or more of the following rights and remedies: Accelerate Indebtedness. Declare all Indebtedness, including any prepayment penalty which Grantor Grantors would be required to pay, immediately due and payable, without notice of any kind to GrantorGrantors.

Appears in 2 contracts

Samples: Commercial Pledge Agreement (Shepherd's Finance, LLC), Commercial Pledge Agreement (Shepherd's Finance, LLC)

RIGHTS AND REMEDIES ON DEFAULT. If an Event of Default occurs under this Agreement, at any time thereafter, Lender may exercise any one or more of the following rights and remedies: Accelerate IndebtednessACCELERATE INDEBTEDNESS. Declare all Indebtednessindebtedness, including any prepayment penalty which Grantor Borrower would be required to pay, immediately due and payable, without notice of any kind to Borrower or Grantor.

Appears in 1 contract

Samples: Commercial Pledge Agreement (Osborne Richard M Trust)

RIGHTS AND REMEDIES ON DEFAULT. If an Event of Default occurs under this Agreement, at any time thereafter, Lender may exercise any one or more of the following rights and remedies: Accelerate IndebtednessACCELERATE INDEBTEDNESS. Declare all Indebtednessindebtedness, including any prepayment penalty which Grantor would be required to pay, immediately due and payable, without notice of any kind to Grantor.

Appears in 1 contract

Samples: Commercial Pledge Agreement (Training Devices International Inc)

RIGHTS AND REMEDIES ON DEFAULT. If an Event of Default occurs under this Agreement, at any time thereafter, Lender may exercise any one or more of the following rights and remedies: Accelerate Indebtednessindebtedness. Declare all Indebtedness, including any prepayment penalty which Grantor would be required to pay, immediately due and payable, without notice of any kind to Grantor.

Appears in 1 contract

Samples: Commercial Pledge Agreement (Premier Financial Bancorp Inc)

RIGHTS AND REMEDIES ON DEFAULT. If an Event of Default occurs under this Agreement, at any time thereafter, Lender may exercise any one or more of the following rights and remedies: Accelerate Indebtedness. Declare all Indebtedness, including any prepayment penalty which Grantor would be required to pay, immediately due and payable, without notice of any kind to Grantor.

Appears in 1 contract

Samples: Business Loan Agreement (Coast Financial Holdings Inc)

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RIGHTS AND REMEDIES ON DEFAULT. If an Event of Default occurs under this Agreement, Agreement at any time thereafter, Lender may exercise any one or more of the following rights and remedies: Accelerate Indebtedness. Declare all Indebtedness, including any prepayment penalty which Grantor would be required to pay, pay immediately due and payable, payable without notice of any kind to Grantor. Collect the Collateral. Collect any of the Collateral and at Lender's option and to the extent permitted by applicable law retain possession of the Collateral while suing on the Indebtedness.

Appears in 1 contract

Samples: Commercial Pledge Agreement (Capital Bank Corp)

RIGHTS AND REMEDIES ON DEFAULT. If an Event of Default occurs under this AgreementDefault, at any time thereafter, Lender may exercise any one or more of the following rights and remedies: Accelerate Indebtedness. Declare all Indebtednessindebtedness, including any prepayment penalty which Grantor would be required to pay, immediately due and payable, without notice of any kind to Grantor.

Appears in 1 contract

Samples: Commercial Pledge Agreement (Belvedere SoCal)

RIGHTS AND REMEDIES ON DEFAULT. If an Event of Default occurs under this Agreement, at any time thereafter, Lender may exercise any one or more of the following rights and remedies: Accelerate Indebtedness. Declare all Indebtedness, including Including any prepayment penalty which Grantor would be required to pay, immediately due and payable, without notice noble of any kind to Grantor.

Appears in 1 contract

Samples: Business Loan Agreement (First Light Bancorp)

RIGHTS AND REMEDIES ON DEFAULT. If an Event of Default occurs under this Agreement, at any time thereafter, Lender may exercise any one or more of the following rights and remedies: Accelerate Indebtedness. Declare all Indebtednesslndebtedness, including any prepayment penalty which Grantor would be required to pay, immediately due and payable, without notice of any kind kinds to Grantor.

Appears in 1 contract

Samples: Commercial Pledge Agreement (Utg Inc)

RIGHTS AND REMEDIES ON DEFAULT. If an Event of Default occurs under this Agreement, at any time thereafter, Lender may exercise any one or more of the following rights and remedies: Accelerate IndebtednessACCELERATE INDEBTEDNESS. Declare all Indebtedness, including any prepayment penalty which Grantor would be required to pay, immediately due and payable, without notice of any kind to Grantor.

Appears in 1 contract

Samples: Business Loan Agreement (Coast Financial Holdings Inc)

RIGHTS AND REMEDIES ON DEFAULT. If an Event of Default occurs under this Agreement, at any time thereafter, Lender may exercise any one or more of the following rights and remedies: Accelerate Indebtedness. Declare all Indebtedness, including any prepayment penalty which Grantor would be required to pay, Indebtedness immediately due and payable, without notice of any kind to Grantor.

Appears in 1 contract

Samples: Commercial Pledge Agreement (Houston Post Oak Partners LTD)

RIGHTS AND REMEDIES ON DEFAULT. If an Event of Default occurs under this Agreement, at any time thereafter, Lender may exercise any one or more of the following rights and remedies: Accelerate Indebtedness. Declare all Indebtedness, including any prepayment penalty which Grantor Granter would be required to pay, immediately due and payable, without notice of any kind to GrantorGranter.

Appears in 1 contract

Samples: Business Loan Agreement (Landmark Bancorp Inc)

RIGHTS AND REMEDIES ON DEFAULT. If an Event of Default occurs under this Agreement, and at any time thereafter, Lender may exercise any one or more of the following rights and remedies: Accelerate Indebtedness. Declare all Lender may declare the entire Indebtedness, including any prepayment penalty which Grantor would be required to pay, immediately due and payable, without notice of any kind to Grantornotice.

Appears in 1 contract

Samples: Commercial Security Agreement (Ricex Co)

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