Rights of Lender Upon Default. Upon the occurrence of any Event of Default (other than an Event of Default described in Sections 2(d) or 2(e)) and at any time thereafter during the continuance of such Event of Default, Lender may, by written notice to the Company, declare all outstanding Obligations payable by the Company hereunder to be immediately due and payable without presentment, demand, protest or any other notice of any kind, all of which are hereby expressly waived, anything contained herein or in the other Transaction Documents to the contrary notwithstanding. Upon the occurrence of any Event of Default described in Sections 2(d) and 2(e), immediately and without notice, all outstanding Obligations payable by the Company hereunder shall automatically become immediately due and payable, without presentment, demand, protest or any other notice of any kind, all of which are hereby expressly waived, anything contained herein or in the other Transaction Documents to the contrary notwithstanding. In addition to the foregoing remedies, upon the occurrence and during the continuance of any Event of Default, Lender may exercise any other right power or remedy granted to it by the Transaction Documents or otherwise permitted to it by law, either by suit in equity or by action at law, or both.
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Samples: MultiVir Inc., MultiVir Inc.
Rights of Lender Upon Default. Upon the occurrence or existence of any Event of Default (other than an Event of Default described referred to in Sections 2(d6.1(f) or 2(eand 6.1(g)) and at any time thereafter during the continuance of such Event of Default, Lender may, by written notice to the CompanyBorrower, declare all outstanding Obligations payable by the Company Borrower hereunder to be immediately due and payable without presentment, demand, protest or any other notice of any kind, all of which are hereby expressly waived, anything contained herein or in the other Transaction Documents to the contrary notwithstanding. Upon the occurrence or existence of any Event of Default described in Sections 2(d6.1(f) and 2(e6.1(g), immediately and without notice, all outstanding Obligations payable by the Company Borrower hereunder shall automatically become immediately due and payable, without presentment, demand, protest or any other notice of any kind, all of which are hereby expressly waived, anything contained herein or in the other Transaction Documents to the contrary notwithstanding. In addition to the foregoing remedies, upon the occurrence and during the continuance or existence of any Event of Default, Lender may exercise any other right right, power or remedy granted to it by the Transaction Documents Merger Documents, including the Loan Documents, or otherwise permitted to it by law, either by suit in equity or by action at law, or both.
Appears in 2 contracts
Samples: Loan Agreement (Palm Inc), Loan Agreement (Handspring Inc)
Rights of Lender Upon Default. Upon the occurrence of any Event of Default (other than an Event of Default described in Sections 2(d2(e) or 2(e2(f)) and at any time thereafter during the continuance of such Event of Default, Lender may, may by written notice to the Company, declare all outstanding Obligations payable by the Company hereunder to be immediately due and payable without presentment, demand, protest or any other notice of any kind, all of which are hereby expressly waived, anything contained herein or in the other Transaction Documents Security Agreement to the contrary notwithstanding. Upon the occurrence of any Event of Default described in Sections 2(d2(e) and 2(e2(f), immediately and without notice, all outstanding Obligations payable by the Company hereunder shall automatically become immediately due and payable, without presentment, demand, protest or any other notice of any kind, all of which are hereby expressly waived, anything contained herein or in the other Transaction Documents Security Agreement to the contrary notwithstanding. In addition to the foregoing remedies, upon the occurrence and during the continuance of any Event of Default, Lender may exercise any other right power or remedy granted to it by the Transaction Documents Security Agreement or otherwise permitted to it by law, either by suit in equity or by action at law, or both.
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Rights of Lender Upon Default. Upon the occurrence of any Event of Default (other than an Event of Default described in Sections 2(dSection 4(e) or 2(e4(f)) and at any time thereafter during the continuance of such Event of Default, Lender may, with the written consent of Black, Inc. as lead lender (the “Lead Lender”), by written notice to the Company, declare all outstanding Obligations obligations payable by the Company hereunder to be immediately due and payable without presentment, demand, protest or any other notice of any kind, all of which are hereby expressly waived, anything contained herein or in the other Transaction Documents to the contrary notwithstanding. Upon the occurrence of any Event of Default described in Sections 2(dSection 4(e) and 2(eor 4(f), immediately and without notice, all outstanding Obligations obligations payable by the Company hereunder shall automatically become immediately due and payable, without presentment, demand, protest or any other notice of any kind, all of which are hereby expressly waived, anything contained herein or in the other Transaction Documents to the contrary notwithstanding. In addition to the foregoing remedies, upon the occurrence and during the continuance of any Event of Default, Lender may may, with the written consent of the Lead Lender, exercise any other right right, power or remedy granted to it by the Transaction Documents or otherwise permitted to it by law, either by suit in equity or by action at law, or both.
Appears in 1 contract
Samples: Security Agreement (Universal Security Instruments Inc)