Remedies Clause Example from Business Contracts

This example Remedies clause appears in 5 contracts from 3 companies

Remedies. (a) Upon the occurrence of an Event of Default specified in Section 4(a) hereof, the Payee may, by written notice to the 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 con...trary notwithstanding. (b) Upon the occurrence of an Event of Default specified in Section 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. View More
Found in Capitol Investment Corp. V contract
Capitol Investment Corp. V Contracts

Amended and Restated Promissory Note, dated November 3, 2020, between the Registrant and Capitol Acquisition Management V LLC (Filed With SEC on November 19, 2020)

Capitol Investment Corp. VII Contracts

Promissory Note, dated January 22, 2021, between the Registrant and Capitol Acquisition Management VI LLC (Filed With SEC on February 8, 2021)

Promissory Note, dated January 22, 2021, between the Registrant and CapitolAcquisitionFounderVI LLC (Filed With SEC on February 8, 2021)

Capitol Investment Corp. VI Contracts

Promissory Note, dated January 22, 2021, between the Registrant and Capitol Acquisition Management VI LLC (Filed With SEC on February 8, 2021)

Promissory Note, dated January 22, 2021, between the Registrant and Capitol Acquisition Founder VI LLC (Filed With SEC on February 8, 2021)