Treatment of default. (1) If any one or more of the above events of default occurs, the Lender shall entitle to take one or more of the following measures as the Lender may deemed appropriate:
Treatment of default. Upon the occurrence of any of the aforementioned events of default, the Mortgagee has the right to declare the accelerated maturity of the principal creditor's right and/or the period for determination of the creditor's rights, and/or dispose of the mortgaged properties in accordance with Article 4 hereof or require the Mortgagor to provide other guarantees.
Treatment of default. Upon the occurrence of any event of default under this contract, Party B may take one or several actions listed below and Party A has no objection:
Treatment of default. If any of the above events of default happens, the Pledgee is entitled to declare that the principal claims are due on an earlier date or request the debtor to replenish the performance bond, and may, as stipulated in Article V, transfer funds from the regulated account and apply them in discharging all claims which are secured by the pledged accounts receivable, or apply them in replenishing the performance bond. At the same time, the Pledgee may request the Pledgor to make a default payment (calculated according to Article X of this Contract). Where the default payment is insufficient to cover the losses suffered by the Pledgee, the Pledgor shall indemnify the Pledgee against all resulting losses. At the same time, the Pledgor shall seek recovery of the receivables actively. Should the Pledgor fail to exercise its rights over the accounts receivable, the Pledgee is entitled to exercise subrogation rights according to law.
Treatment of default. (1) If one or more of the aforementioned events of default occurs, the Lender may take one or more of the following measures as the Lender deems appropriate: ① Request the Borrower to take remedial measures within a specified time limit;
Treatment of default. 11.1 Upon the occurrence of one or some of the default listed in the sub-clause 10.1 herein, the Lender may unilaterally and unconditionally adopt one or some of the measures listed below to handle the said default, under this condition, the Borrower shall agree to unconditionally cancel the right to defense, and compensate for the Lender’s all losses incurred by its default:
Treatment of default. Liquidated damages: equal to 0 (in words) percent of the principal of the loan or N/A .
Treatment of default. 9.1 本合同第八条所列违约情况之一项或数项出现时，贷款人可单方面无条件采取下列一种或数种措施进行处理，在此情况下，借款人同意无条件放弃抗辩权，并应补偿因其违约对贷款人造成的一切损失：Upon the occurrence of one or several of the defaults in article 8 of this contract, the Lender may unilaterally and unconditionally take one or several actions listed below to handle such breach, under such situation, the Borrower agrees unconditionally waive its right to rebuttal and agrees to indemnify all losses of the Lender caused by its default:
