Default. The existence or occurrence of any one or more of the following will constitute an “Event of Default” under this Note:
Default. A default under this Agreement shall constitute an Event of Default under the Note and other Loan Documents.
Default. Promptly after a Responsible Officer becomes aware of the existence of any condition or event which constitutes an Event of Default, written notice again specifying the nature and period of existence thereof and specifying what action the Borrowers or the Restricted Subsidiaries are taking or propose to take with respect thereto;
DEFAULT. Borrower is in default under this Promissory Note if any of the following occur:
Default. It is expressly provided that upon default in the punctual payment of any indebtedness evidenced by this Note or any part hereof, as the same shall become due and payable, or upon the occurrence of an event of default specified in any of the other Loan Documents (as defined herein), the holder of this Note may, at its option, without further notice or demand, # declare the outstanding principal balance of and accrued but unpaid interest on this Note at once due and payable, # refuse to advance any additional amounts under this Note, # foreclose all liens securing payment hereof, # pursue any and all other rights, remedies and recourses available to the holder hereof, including but not limited to any such rights, remedies or recourses under the Loan Documents, at law or in equity, or # pursue any combination of the foregoing; and in the event default is made in the prompt payment of this Note when due or declared due, and the same is placed in the hands of an attorney for collection, or suit is brought on same, or the same is collected through probate, bankruptcy or other judicial proceedings, then the Borrower agrees and promises to pay all costs of collection, including reasonable attorney's fees.
Default. No Default shall exist, or would immediately result from such proposed Credit Extension and the application of proceeds thereof.
Default. Prompt written notice of the occurrence of a Default or Event of Default; and
Default. The occurrence of any of the following (each, an “Event of Default”), shall constitute a default hereunder:
Default. In the event either party commits a material breach or defaults in the performance or observance of any of the material provisions of this Agreement, and such breach or default is not cured within sixty (60[[ Supplier:Organization]] days after the receipt of notice thereof from the other party specifying such breach or default, the party not in breach or default shall be entitled (without prejudice to any of its other rights[[ Supplier:Organization]] to terminate this Agreement, without additional penalty, termination fee or cost, by giving notice to take effect immediately.
Default. Promptly after any officer of any Loan Party has learned of the occurrence of an Event of Default or Potential Default, a certificate signed by an Authorized Officer setting forth the details of such Event of Default or Potential Default and the action which such Loan Party proposes to take with respect thereto.
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