Trigger Event Remedies. At any time following the occurrence of any Trigger Event, Lender may, at its option, increase the Outstanding Balance by applying the Trigger Effect (subject to the limitation set forth below).
Appears in 13 contracts
Samples: Security Agreement (Intrusion Inc), Security Agreement (Intrusion Inc), Note Purchase Agreement (Orbital Energy Group, Inc.)
Trigger Event Remedies. At any time following the occurrence of any Trigger Event, Lender may, at its option, increase the Outstanding Balance by applying the Trigger Effect Default Interest (as defined below) (subject to the limitation set forth below).
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Trigger Event Remedies. At any time following the occurrence and during the continuance of any Trigger Event, Lender may, at its optionoption and following prior written notice to Borrower, increase the Outstanding Balance by applying the Trigger Effect (subject to the limitation set forth below).
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