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) Upon the occurrence of an Event of Default Default, specified in Section 5(a) 5(a), and such default continues for three (3) business days, 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 cont...ained herein or in the documents evidencing the same to the contrary notwithstanding. (b) Upon the occurrence of an Event of Default Default, specified in Sections 5(b) or 5(c), and 5(c), such default continues for ten (10) business days, 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 NavSight Holdings, Inc. contract
Remedies. (a) 7.1 Upon the occurrence of an Event of Default specified in Section 5(a) hereof, 5.1, Payee may, by written notice Notice to Maker, declare this Note to be due immediately and payable, payable by Maker, 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, notwithstanding anything contained here...in or in the documents evidencing the same to the contrary notwithstanding. (b) contrary. 7.2 Upon the occurrence of an Event of Default specified in Sections 5(b) Section 5.2 and 5(c), Section 5.3, 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, payable by Maker, in all cases without any action on the part of Payee. View More
Found in 2 Contracts from 2 Companies
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 Note to be due immediately and payable, whereupon the unpaid outstanding 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 t...o 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 outstanding 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. (c) Late payments shall accrue interest at a rate of 8% per annum, or such lesser rate as is permissible by law. View More
Found in 5 Contracts from 3 Companies
Remedies. (a) Upon the occurrence of an Event of Default specified in Section 5(a) Sections 6(a), 6(b) or 6(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, anyt...hing 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) Section 6(d), this Note shall automatically and 5(c), immediately become due and payable, in all cases without any action on the part of Payee, in accordance with Section 3(c). 3 (c) Upon the occurrence of an Event of Default specified in Section 6(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) 6.1 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) 6.2 Upon the occurrence of an Event of Default specified in Sections 5(b) and 5(c), 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) 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, and all other amounts payable thereunder, under this Note, 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 10 Contracts from 10 Companies
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 Amended and Restated Note to be due immediately and payable, whereupon the unpaid principal amount of this Amended and Restated 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 docume...nts evidencing the same to the contrary notwithstanding. (b) Upon the occurrence of an Event of Default specified in Sections 5(b) and or 5(c), the unpaid principal balance of this Amended and Restated Note, and all other sums payable with regard to this Amended and Restated 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 2 Companies
Remedies. (a) 6.1 Upon the occurrence of an Event of Default specified in Section 5(a) hereof, 5.1, Payee may, by written notice Notice to Maker, declare this Note to be due immediately and payable, payable by Maker, 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, notwithstanding anything contained here...in or in the documents evidencing the same to the contrary notwithstanding. (b) contrary. 6.2 Upon the occurrence of an Event of Default specified in Sections 5(b) Section 5.2 and 5(c), Section 5.3, 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, payable by Maker, in all cases without any action on the part of Payee. View More
Found in 26 Contracts from 20 Companies
Remedies. (a) 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, and all other amounts payable thereunder, under this Note, 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 19 Contracts from 8 Companies
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 Note to be due immediately and payable, whereupon the unpaid principal amount of this Note, and all other amounts payable thereunder, Note 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 c...ontrary 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 Note, and all other sums payable with regard to this Note, Note shall automatically and immediately become due and payable, in all cases without any action on the part of the Payee. View More
Found in 2 Contracts from Mana Capital Acquisition Corp.