This example Remedies clause appears in
4 contracts
from
1 company
Remedies. Upon the occurrence of any Event Default and at any time thereafter during the continuance of such Event of Default, the Noteholder may at its option, by written notice to the Borrower (a) declare the entire principal amount of this Note, together with all. accrued interest thereon and all other amounts payable hereunder, immediately due and payable; and/or (b) exercise any or all of its rights, powers or remedies under applicable law; provided, however that, if an Event of Default described in ...Section 4(b) shall occur, the principal of and accrued interest on this loan shall become immediately due and payable without any notice, declaration or other act on the part of the Noteholder.View More
