Remedies Clause Example from Business Contracts

This example Remedies clause appears in 4 contracts from 2 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 Sections 4(b) or 4(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 the Payee. View More
Found in RXR Acquisition Corp. contract
RXR Acquisition Corp. Contracts

Promissory Note, dated as of May 10, 2022 by and between the Company and the Sponsor (Filed With SEC on May 13, 2022)

Promissory Note, dated as of May 10, 2022 by and between the Company and the Sponsor (Filed With SEC on August 12, 2022)

Promissory Note, dated as of May 10, 2022 by and between the Company and the Sponsor (Filed With SEC on November 9, 2022)

Senior Connect Acquisition Corp. I Contracts

A&R Promissory Note, dated March 1, 2023 (Filed With SEC on March 2, 2023)