Common use of Upon Default Clause in Contracts

Upon Default. Accelerate the maturity of this Note and all other Obligations, and all of the Obligations shall be immediately due and payable. CUMULATIVE. Exercise any rights and remedies as provided under the Note and other Loan Documents, or as provided by law or equity.

Appears in 8 contracts

Samples: Loan Agreement (Superior Uniform Group Inc), Loan Agreement (Bluegreen Corp), Loan Agreement (Ibs Interactive Inc)

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Upon Default. Accelerate the maturity of this Note and all other Obligations, and all of the Obligations shall be immediately due and payable. CUMULATIVECumulative. Exercise any rights and remedies as provided under the Note and other Loan Documents, or as provided by law or equity.

Appears in 3 contracts

Samples: Loan Agreement (Superior Uniform Group Inc), Loan Agreement (Sherwood Brands Inc), Loan Agreement (Old Dominion Freight Line Inc/Va)

Upon Default. Accelerate the maturity of this Note and all other Obligations, and all of the Obligations shall be immediately due and payable. CUMULATIVECumulative. Exercise any rights and remedies as provided under the this Note and other Loan Documents, or as provided by law or equity.

Appears in 1 contract

Samples: Acquisition Promissory Note (Bradley Pharmaceuticals Inc)

Upon Default. Accelerate the maturity of this Note and all other Obligations, Obligations and all of the Obligations shall be immediately due and payable. CUMULATIVE. Exercise any rights right and remedies as provided under the Note and other Loan Documents, or as provided by law or equity.

Appears in 1 contract

Samples: Loan Agreement (Kyzen Corp)

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Upon Default. Accelerate the maturity of this Note and and, at Bank's option, any or all other Obligations, whereupon this Note and all of the accelerated Obligations shall be immediately due and payable. CUMULATIVE. Exercise any rights and remedies as provided under the Note and other Loan Documents, or as provided by law or equity.

Appears in 1 contract

Samples: Promissory Note (Inter Act Electronic Marketing Inc)

Upon Default. Accelerate the maturity of this Note and all other Obligations, and all of the Obligations shall be immediately due and payable. CUMULATIVE. Exercise any rights and remedies as provided under the this Note and the other Loan Documents, or as provided by law or equity.

Appears in 1 contract

Samples: Loan Modification Agreement (Uol Publishing Inc)

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