Remedies Clause Example with 90 Variations from Business Contracts

This page contains Remedies clauses in business contracts and legal agreements. An example clause is provided at the top of the page, followed by clauses with minor variations. You can view the text differences by selecting the "Show Differences" option.
Remedies. (a) Upon the occurrence of an Event of Default specified in Section 5(a) hereof, Payee may, by written notice to Maker, declare this Note to be due immediately and payable, whereupon the unpaid principal amount of this Note, and all other amounts payable thereunder, shall become immediately due and payable without presentment, demand, protest or other notice of any kind, all of which are hereby expressly waived, anything contained herein or in the documents evidencing the same to the contrary no...twithstanding. (b) Upon the occurrence of an Event of Default specified in Sections 5(b) and 5(c), the unpaid principal balance of this Note, and all other sums payable with regard to this Note, shall automatically and immediately become due and payable, in all cases without any action on the part of Payee. View More
Found in Yucaipa Acquisition Corp contract

Variations of a "Remedies" Clause from Business Contracts

Remedies. (a) 5.1 Upon the occurrence of an Event of Default specified in Section 5(a) hereof, 4(a), Payee may, by written notice to Maker, declare this Note to be due immediately and payable, whereupon the unpaid principal amount of this Note, together with accrued interest thereon and all other amounts payable thereunder, shall become immediately due and payable without presentment, demand, protest or other notice of any kind, all of which are hereby expressly waived, anything contained herein or in the... documents evidencing the same to the contrary notwithstanding. (b) 5.2 Upon the occurrence of an Event of Default specified in Sections 5(b) and 5(c), Section 4(a), Payee shall also have the right, but not the obligation, to appoint a number of members of the Board of Directors of Maker such that such appointees, together with Payee, shall constitute a majority of the Board of Directors of Maker. 5.3 Upon the occurrence of an Event of Default specified in Section 4(b), the unpaid principal balance of this Note, of, all accrued, unpaid interest thereon, and all other sums payable with regard to to, this Note, Note shall automatically and immediately become due and payable, in all cases without any action on the part of Payee. View More
Found in KITARA MEDIA CORP. contract
Remedies. (a) Upon the occurrence of an Event of Default specified in Section 5(a) 4(a) hereof, Payee may, by written notice to Maker, declare this Amended and Restated Promissory Note to be due immediately and payable, whereupon the unpaid principal amount of this Amended and Restated Promissory Note, and all other amounts payable thereunder, shall become immediately due and payable without presentment, demand, protest or other notice of any kind, all of which are hereby expressly waived, anything contai...ned herein or in the documents evidencing the same to the contrary notwithstanding. (b) Upon the occurrence of an Event of Default specified in Sections 5(b) 4(b) and 5(c), 4(c), the unpaid principal balance of this Amended and Restated Promissory Note, and all other sums payable with regard to this Amended and Restated Promissory Note, shall automatically and immediately become due and payable, in all cases without any action on the part of Payee. View More
Found in GEF Acquisition Corp contract
Remedies. (a) Upon the occurrence of an Event of Default specified in Section 5(a) hereof, Payee may, by written notice to Maker, declare this Note to be due immediately and payable, whereupon the unpaid principal amount of this Note, and all other amounts payable thereunder, hereunder, shall become immediately due and payable without presentment, demand, protest or other notice of any kind, all of which are hereby expressly waived, anything contained herein or in the documents evidencing the same to the ...contrary notwithstanding. {N0325501 } {N0385021 } (b) Upon the occurrence of an Event of Default specified in Sections 5(b) and 5(c), the unpaid principal balance of this Note, and all other sums payable with regard to this Note, shall automatically and immediately become due and payable, in all cases without any action on the part of Payee. View More
Found in Zi Toprun Acquisition Corp. contract
Remedies. (a) Upon the occurrence of an Event of Default specified in Section 5(a) 6(a) or Section 6(b) hereof, Payee may, by written notice to Maker, declare this Note to be due immediately and payable, whereupon the unpaid principal amount of this Note, and all other amounts payable thereunder, hereunder, shall become immediately due and payable in cash (subject to Section 4 hereof) without presentment, demand, protest or other notice of any kind, all of which are hereby expressly waived, anything conta...ined herein or in the documents evidencing the same to the contrary notwithstanding. (b) Upon the occurrence of an Event of Default specified in Sections 5(b) and 5(c), Section 6(c) or Section 6(d) hereof, the unpaid principal balance of this Note, and all other sums amounts payable with regard to this Note, hereunder, shall automatically and immediately become due and payable, payable in cash, in all cases without any action on the part of Payee. View More
Found in Oyster Enterprises Acquisition Corp. contract
Remedies. (a) Upon the occurrence of an Event of Default specified in Section 5(a) hereof, Payee 3(a), Lender may, by written notice to Maker, Borrower, declare this Promissory Note to be due immediately and payable, whereupon the unpaid principal amount of this Promissory Note, and all other amounts payable thereunder, shall become immediately due and payable without presentment, demand, protest or other notice of any kind, all of which are hereby expressly waived, anything contained herein or in the doc...uments evidencing the same to the contrary notwithstanding. (b) Upon the occurrence of an Event of Default specified in Sections 5(b) 3(b) and 5(c), 3(c), the unpaid principal balance of this Note, of, and all other sums payable with regard to to, this Note, Promissory Note shall automatically and immediately become due and payable, in all cases without any action on the part of Payee. Lender. View More
Found in Adit EdTech Acquisition Corp. contract
Remedies. (a) Upon the occurrence of an Event of Default specified in Section 5(a) 6(a) or Section 6(b) hereof, Payee may, by written notice to Maker, declare this Note Instrument to be due immediately and payable, whereupon the unpaid principal amount of this Note, Instrument, and all other amounts payable thereunder, hereunder, shall become immediately due and payable without presentment, demand, protest or other notice of any kind, all of which are hereby expressly waived, anything contained herein or ...in the documents evidencing the same to the contrary notwithstanding. (b) Upon the occurrence of an Event of Default specified in Sections 5(b) and 5(c), 6(c) or 6(d), the unpaid principal balance of this Note, Instrument, and all other sums payable with regard to this Note, Instrument, shall automatically and immediately become due and payable, in all cases without any action on the part of Payee. View More
Found in Mercato Partners Acquisition Corp contract
Remedies. (a) Upon the occurrence of an Event of Default specified in Section 5(a) 4(a) hereof, the Payee may, by written notice to Maker, declare this Note to be due immediately and payable, whereupon the unpaid principal amount of this Note, and all other amounts payable thereunder, hereunder, shall become immediately due and payable without presentment, demand, protest or other notice of any kind, all of which are hereby expressly waived, anything contained herein or in the documents evidencing the sam...e to the contrary notwithstanding. (b) Upon the occurrence of an Event of Default specified in Sections 5(b) and 5(c), 4(b) or 4(c), the unpaid principal balance of this Note, and all other sums payable with regard to this Note, shall automatically and immediately become due and payable, in all cases without any action on the part of the Payee. (c) The Payee may exercise any and all rights and remedies available to Payee under applicable law, including, without limitation, the right to collect from Maker all sums due under this Note. Maker shall pay all reasonable costs and expenses incurred by or on behalf of the Payee in connection with the Payee's exercise of any or all of its rights and remedies under this Note, including, without limitation, reasonable attorneys' fees. View More
Found in 2 Contracts from GX Acquisition Corp. II
Remedies. (a) Upon the occurrence of an Event of Default specified in Section 5(a) Sections 7(a) or 7(c) hereof, Payee may, by written notice to Maker, declare this Note to be due immediately and payable, whereupon the unpaid principal amount of this Note, any accrued and unpaid interest thereon, and all other amounts payable thereunder, hereunder, shall become immediately due and payable without presentment, demand, protest or other notice of any kind, all of which are hereby expressly waived, anything c...ontained herein or in the documents evidencing the same to the contrary notwithstanding. 2 (b) Upon the occurrence of an Event of Default specified in Sections 5(b) and 5(c), 7(d) or 7(e), the unpaid principal balance of this Note, any accrued and unpaid interest thereon, and all other sums payable with regard to this Note, shall automatically and immediately become due and payable, in all cases without any action on the part of Payee. View More
Found in METRO ONE TELECOMMUNICATIONS INC contract
Remedies. (a) 5.1 Upon the occurrence of an Event of Default specified in Section 5(a) hereof, Sections 4.1 and 4.3, Payee may, by written notice to Maker, declare this Note to be due immediately and payable, whereupon the unpaid principal amount of this Note, together with accrued interest thereon and all other amounts payable thereunder, shall become immediately due and payable without presentment, demand, protest or other notice of any kind, all of which are hereby expressly waived, anything contained ...herein or in the documents evidencing the same to the contrary notwithstanding. (b) 5.2 Upon the occurrence of an Event of Default specified in Sections 5(b) and 5(c), Section 4.2, the unpaid principal balance of this Note, of, all accrued, unpaid interest thereon, and all other sums payable with regard to to, this Note, Note shall automatically and immediately become due and payable, in all cases without any action on the part of Payee. View More
Found in 2 Contracts from ZAIS Group Holdings, Inc.
Remedies. (a) Upon the occurrence of an Event of Default specified in Section 5(a) hereof, Payee a Default, Lender may, by written notice to Maker, Borrower, declare this Note to be due immediately and payable, whereupon the unpaid principal amount of this Note, and all other amounts payable thereunder, hereunder, shall become immediately due and payable without presentment, demand, protest or other notice of any kind, all of which are hereby expressly waived, anything contained herein or in the documents... evidencing the same to the contrary notwithstanding. (b) Upon the occurrence of an Event of Default specified in Sections 5(b) and 5(c), the unpaid principal balance of this Note, and all other sums payable with regard to this Note, shall automatically and immediately become due and payable, in all cases without any action on the part of Payee. View More
Found in InFinT Acquisition Corp contract