Common use of Rights Upon Occurrence of an Event of Default Clause in Contracts

Rights Upon Occurrence of an Event of Default. (a) Upon the occurrence of any Event of Default specified in Subsections (g), (h), (i) or (n) of Section 7.1, immediately and without notice, (i) all Obligations evidenced by the Note shall immediately become due and payable without presentment, demand, protest, notice of protest or dishonor, notice of intent to accelerate, notice of acceleration or other notice of any kind, all of which are expressly waived by the Borrower and (ii) all obligations of the Lender, if any, under this Agreement shall immediately and automatically cease and terminate unless and until the Lender shall reinstate any such obligation in writing. (b) Upon the occurrence and at any time during the continuance of any other Event of Default, (i) all obligations of the Lender, if any, under this Agreement shall immediately and automatically cease and terminate unless and until the Lender shall reinstate any such obligation in writing and (ii) the Lender may by written notice to the Borrower declare all Obligations evidenced by the Note to be immediately due and payable without presentment, demand, protest, notice of protest or dishonor, notice of intention to accelerate, notice of acceleration or other notice of any kind, all of which are expressly waived by the Borrower. (c) The Borrower acknowledges and understands that under the Laws of the State of Texas, unless waived, the Borrower has the right to notice of the Lender's intent to accelerate the Obligations evidenced by the Note, the right to notice of the actual acceleration of the Obligations evidenced by the Note, and the right to presentment of the Note by the Lender's demand for payment. The Borrower acknowledges that it understands that it can waive these rights and by the Borrower's execution of this Agreement it agrees to waive its right to notice of intent to accelerate, its right to notice of acceleration, and its right to presentment or other demand for payment. (d) In addition to the foregoing, upon the occurrence of any Event of Default, the Lender may exercise any or all of the Rights provided in any or all of the Loan Documents.

Rights Upon Occurrence of an Event of Default. (a) Upon the occurrence of any Event of Default specified in Subsections (f), (g), (h), (i) or (nm) of Section 7.1, immediately and without notice, (i) all Obligations evidenced by the Note Notes shall immediately become due and payable without presentment, demand, protest, notice of protest or dishonor, notice of intent to accelerate, notice of acceleration or other notice of any kind, all of which are expressly waived by the Borrower and (ii) all obligations of the Lender, if any, under this Agreement shall immediately and automatically cease and terminate unless and until the Lender shall reinstate any such obligation in writing. (b) Upon the occurrence and at any time during the continuance of any other Event of Default, (i) all obligations of the Lender, if any, under this Agreement shall immediately and automatically cease and terminate unless and until the Lender shall reinstate any such obligation in writing and (ii) the Lender may by written notice to the Borrower declare all Obligations evidenced by the Note Notes to be immediately due and payable without presentment, demand, protest, notice of protest or dishonor, notice of intention to accelerate, notice of acceleration or other notice of any kind, all of which are expressly waived by the Borrower. (c) The Borrower acknowledges and understands that under the Laws of the State of Texas, unless waived, the Borrower has the right to notice of the Lender's intent to accelerate the Obligations evidenced by the NoteNotes, the right to notice of the actual acceleration of the Obligations evidenced by the NoteNotes, and the right to presentment of the Note Notes by the Lender's demand for payment. The Borrower acknowledges that it understands that it can waive these rights and by the Borrower's execution of this Agreement it agrees to waive its right to notice of intent to accelerate, its right to notice of acceleration, and its right to presentment or other demand for payment. (d) In addition to the foregoing, upon the occurrence of any Event of Default, the Lender may exercise any or all of the Rights provided in any or all of the Loan Documents.

Rights Upon Occurrence of an Event of Default. (a) Upon the occurrence of any Event of Default specified in Subsections (g), (h), (i) or (n) of Section 7.1, immediately and without notice, (i) all Obligations evidenced by the Note shall immediately become due and payable without presentment, demand, protest, notice of protest or dishonor, notice of intent to accelerate, notice of acceleration or other notice of any kind, all of which are expressly waived by the Borrower Credit Parties and (ii) all obligations of the Lender, if any, under this Agreement shall immediately and automatically cease and terminate unless and until the Lender shall reinstate any such obligation in writing. (b) Upon the occurrence and at any time during the continuance of any other Event of Default, (i) all obligations of the Lender, if any, under this Agreement shall immediately and automatically cease and terminate unless and until the Lender shall reinstate any such obligation in writing and (ii) the Lender may by written notice to the Borrower Credit Parties declare all Obligations evidenced by the Note to be immediately due and payable without presentment, demand, protest, notice of protest or dishonor, notice of intention to accelerate, notice of acceleration or other notice of any kind, all of which are expressly waived by the BorrowerCredit Parties. (c) The Borrower acknowledges Credit Parties acknowledge and understands understand that under the Laws of the State of Texas, unless waived, the Borrower has Credit Parties have the right to notice of the Lender's intent to accelerate the Obligations evidenced by the Note, the right to notice of the actual acceleration of the Obligations evidenced by the Note, and the right to presentment of the Note by the Lender's demand for payment. The Borrower acknowledges Credit Parties acknowledge that it understands they each understand that it they can waive these rights and by the Borrower's execution by each Credit Party of this Agreement it agrees they agree to waive its their right to notice of intent to accelerate, its their right to notice of acceleration, and its their right to presentment or other demand for payment. (d) In addition to the foregoing, upon the occurrence of any Event of Default, the Lender may exercise any or all of the Rights provided in any or all of the Loan Documents.

Rights Upon Occurrence of an Event of Default. (a) Upon the occurrence of any Event of Default specified in Subsections SECTIONS (gF), (hG), (i) or (nH) of Section SECTION 7.1, immediately and without notice, (i) all Obligations evidenced by the Note Notes shall immediately become due and payable without presentment, demand, protest, notice of protest or dishonor, notice of intent to accelerate, notice of acceleration or other notice of any kind, all of which are expressly waived by the Borrower and (ii) all obligations of the Lender, if anyLenders to make further advances, under this Agreement Agreement, including, without limitation, the Buena Vista Advance, shall immediately and automatically cease and terminate unless and until the Lender Lenders shall reinstate any such obligation in writing. (b) Upon the occurrence and at any time during the continuance of any other Event of Default, the Administrative Agent, upon request of the Majority Lenders, may by notice to the Borrower take either or both of the following actions: (i) terminate all obligations of the LenderLenders to make further Advances, if any, under this Agreement and thereupon all such obligations shall immediately and automatically cease and terminate unless and until the Lender Lenders shall reinstate any such obligation in writing and (ii) the Lender may by written notice to the Borrower declare all Obligations evidenced by the Note Notes to be immediately due and payable without presentment, demand, protest, notice of protest or dishonor, notice of intention to accelerate, notice of acceleration or other notice of any kind, all of which are expressly waived by the Borrower. (c) The Borrower acknowledges and understands that under the Laws of the State of TexasTHE BORROWER ACKNOWLEDGES AND UNDERSTANDS THAT UNDER THE LAWS OF THE STATE OF TEXAS, unless waivedUNLESS WAIVED, the Borrower has the right to notice of the Lender's intent to accelerate the Obligations evidenced by the NoteTHE BORROWER HAS THE RIGHT TO NOTICE OF THE LENDERS' INTENT TO ACCELERATE THE OBLIGATIONS EVIDENCED BY THE NOTES, the right to notice of the actual acceleration of the Obligations evidenced by the NoteTHE RIGHT TO NOTICE OF THE ACTUAL ACCELERATION OF THE OBLIGATIONS EVIDENCED BY THE NOTES, and the right to presentment of the Note by the Lender's demand for paymentAND THE RIGHT TO PRESENTMENT OF THE NOTES BY THE LENDERS' DEMAND FOR PAYMENT. The Borrower acknowledges that it understands that it can waive these rights and by the Borrower's execution of this Agreement it agrees to waive its right to notice of intent to accelerateTHE BORROWER ACKNOWLEDGES THAT IT UNDERSTANDS THAT IT CAN WAIVE THESE RIGHTS AND BY THE BORROWER'S EXECUTION OF THIS AGREEMENT IT AGREES TO WAIVE ITS RIGHT TO NOTICE OF INTENT TO ACCELERATE, its right to notice of accelerationITS RIGHT TO NOTICE OF ACCELERATION, and its right to presentment or other demand for paymentAND ITS RIGHT TO PRESENTMENT OR OTHER DEMAND FOR PAYMENT. (d) In addition to the foregoing, upon the occurrence of any Event of Default, the Lender Administrative Agent and the Lenders may exercise any or all of the Rights provided in any or all of the Loan Documents.

Rights Upon Occurrence of an Event of Default. (a) Upon the occurrence of any Event of Default specified in Subsections (gf), (h), (ig) or (nh) of Section 7.1, immediately and without notice, (i) all Obligations evidenced by the Note shall immediately become due and payable without presentment, demand, protest, notice of protest or dishonor, notice of intent to accelerate, notice of acceleration or other notice of any kind, all of which are expressly waived by the Borrower and (ii) all obligations of the Lender, if any, under this Agreement shall immediately and automatically cease and terminate unless and until the Lender shall reinstate any such obligation in writing. (b) Upon the occurrence and at any time during the continuance of any other Event of Default, (i) all obligations of the Lender, if any, under this Agreement shall immediately and automatically cease and terminate unless and until the Lender shall reinstate any such obligation in writing and (ii) the Lender may by written notice to the Borrower declare all Obligations evidenced by the Note to be immediately due and payable without presentment, demand, protest, notice of protest or dishonor, notice of intention to accelerate, notice of acceleration or other notice of any kind, all of which are expressly waived by the Borrower. (c) . The Borrower acknowledges and understands that under the Laws of the State of Texas, unless waived, the Borrower has the right to notice of the Lender's intent to accelerate the Obligations evidenced by the Note, the right to notice of the actual acceleration of the Obligations evidenced by the Note, and the right to presentment of the Note by the Lender's demand for payment. The Borrower acknowledges that it understands that it can waive these rights and by the Borrower's execution of this Agreement it agrees to waive its right to notice of intent to accelerate, its right to notice of acceleration, and its right to presentment or other demand for payment. (dc) In addition to the foregoing, upon the occurrence of any Event of Default, the Lender may exercise any or all of the Rights provided in any or all of the Loan Documents.

Rights Upon Occurrence of an Event of Default. (a) Upon the occurrence of any Event of Default specified in Subsections SECTIONS (gF), (hG), (i) or (nH) of Section SECTION 7.1, immediately and without notice, (i) all Obligations evidenced by the Note Notes shall immediately become due and payable without presentment, demand, protest, notice of protest or dishonor, notice of intent to accelerate, notice of acceleration or other notice of any kind, all of which are expressly waived by the Borrower and (ii) all obligations of the LenderLenders to make further Advances, if any, under this Agreement Agreement, shall immediately and automatically cease and terminate unless and until the Lender Lenders shall reinstate any such obligation in writing. (b) Upon the occurrence and at any time during the continuance of any other Event of Default, the Administrative Agent, upon request of the Majority Lenders, may by notice to the Borrower take either or both of the following actions: (i) terminate all obligations of the LenderLenders to make further Advances, if any, under this Agreement and thereupon all such obligations shall immediately and automatically cease and terminate unless and until the Lender Lenders shall reinstate any such obligation in writing and (ii) the Lender may by written notice to the Borrower declare all Obligations evidenced by the Note Notes to be immediately due and payable without presentment, demand, protest, notice of protest or dishonor, notice of intention to accelerate, notice of acceleration or other notice of any kind, all of which are expressly waived by the Borrower. (c) The Borrower acknowledges and understands that under the Laws of the State of TexasTHE BORROWER ACKNOWLEDGES AND UNDERSTANDS THAT UNDER THE LAWS OF THE STATE OF NEW YORK, unless waivedUNLESS WAIVED, the Borrower has the right to notice of the Lender's intent to accelerate the Obligations evidenced by the NoteTHE BORROWER HAS THE RIGHT TO NOTICE OF THE LENDERS' INTENT TO ACCELERATE THE OBLIGATIONS EVIDENCED BY THE NOTES, the right to notice of the actual acceleration of the Obligations evidenced by the NoteTHE RIGHT TO NOTICE OF THE ACTUAL ACCELERATION OF THE OBLIGATIONS EVIDENCED BY THE NOTES, and the right to presentment of the Note by the Lender's demand for paymentAND THE RIGHT TO PRESENTMENT OF THE NOTES BY THE LENDERS' DEMAND FOR PAYMENT. The Borrower acknowledges that it understands that it can waive these rights and by the Borrower's execution of this Agreement it agrees to waive its right to notice of intent to accelerateTHE BORROWER ACKNOWLEDGES THAT IT UNDERSTANDS THAT IT CAN WAIVE THESE RIGHTS AND BY THE BORROWER'S EXECUTION OF THIS AGREEMENT IT AGREES TO WAIVE ITS RIGHT TO NOTICE OF INTENT TO ACCELERATE, its right to notice of accelerationITS RIGHT TO NOTICE OF ACCELERATION, and its right to presentment or other demand for paymentAND ITS RIGHT TO PRESENTMENT OR OTHER DEMAND FOR PAYMENT. (d) In addition to the foregoing, upon the occurrence of any Event of Default, the Lender Administrative Agent and the Lenders may exercise any or all of the Rights provided in any or all of the Loan Documents.

Rights Upon Occurrence of an Event of Default. (a) Upon the occurrence of any Event of Default specified in Subsections (f), (g), (h), (i), (j) or (nk) of Section 7.1, immediately and without notice, (i) all Obligations evidenced by the Note Notes shall immediately become due and payable without presentment, demand, protest, notice of protest or dishonor, notice of intent to accelerate, notice of acceleration or other notice of any kind, all of which are expressly waived by the Borrower and (ii) all obligations of the Lender, if any, under this Agreement shall immediately and automatically cease and terminate unless and until the Lender shall reinstate any such obligation in writing. (b) Upon the occurrence and at any time during the continuance of any other Event of Default, (i) all obligations of the Lender, if any, under this Agreement shall immediately and automatically cease and terminate unless and until the Lender shall reinstate any such obligation in writing and (ii) the Lender may by written notice to the Borrower declare all Obligations evidenced by the Note Notes to be immediately due and payable without presentment, demand, protest, notice of protest or dishonor, notice of intention to accelerate, notice of acceleration or other notice of any kind, all of which are expressly waived by the Borrower. (c) The Borrower acknowledges and understands that under the Laws of the State of Texas, unless waived, the Borrower has the right to notice of the Lender's ’s intent to accelerate the Obligations evidenced by the NoteNotes, the right to notice of the actual acceleration of the Obligations evidenced by the NoteNotes, and the right to presentment of the Note Notes by the Lender's ’s demand for payment. The Borrower acknowledges that it understands that it can waive these rights and by the Borrower's ’s execution of this Agreement it agrees to waive its right to notice of intent to accelerate, its right to notice of acceleration, and its right to presentment or other demand for payment. (d) In addition to the foregoing, upon the occurrence of any Event of Default, the Lender may exercise any or all of the Rights provided in any or all of the Loan Documents.