Remedies Clause Example from Business Contracts

This example Remedies clause appears in 4 contracts from 4 companies

Remedies. (a) Upon the occurrence of an Event of Default specified in Section 5(a), Payee may, by written notice to Maker, declare the unpaid principal amount of this Note to be immediately due and payable, whereupon such unpaid principal amount, and all other amounts payable 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 Section 5(b) or 5(c), the unpaid principal amount 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 Social Capital Suvretta Holdings Corp. I contract
Social Capital Suvretta Holdings Corp. I Contracts

Amended and Restated Promissory Note, dated May 24, 2021, issued to SCS Sponsor I LLC (Filed With SEC on June 2, 2021)

Social Capital Suvretta Holdings Corp. III Contracts

Amended and Restated Promissory Note, dated May 24, 2021, issued to SCS Sponsor III LLC (Filed With SEC on June 2, 2021)

Social Capital Suvretta Holdings Corp. II Contracts

Amended and Restated Promissory Note, dated May 24, 2021, issued to SCS Sponsor II LLC (Filed With SEC on June 2, 2021)

Social Capital Suvretta Holdings Corp. IV Contracts

Amended and Restated Promissory Note, dated May 24, 2021, issued to SCS Sponsor IV LLC (Filed With SEC on June 2, 2021)