Common use of Lenders Remedies in Event of Default Clause in Contracts

Lenders Remedies in Event of Default. 9.1 Upon any Event of Default, subject only to any notice requirement and grace period expressly provided in the Note or other Loan Documents, Lender shall be entitled to all of its rights or remedies hereunder, at law or in equity and under the Note, any other Loan Documents, including, without limitation, the right to declare the outstanding principal balance of the Note, the accrued interest thereon, and all other obligations of Borrower to Lender under this Agreement or otherwise to be immediately due and payable, without presentment, demand, protest or other notice of any kind, all of which are hereby expressly waived, anything in this Agreement or in the Note to the contrary notwithstanding, and Lender's obligation to make any additional Advances hereunder shall be permanently terminated.

Lenders Remedies in Event of Default. 9.1 Upon any Event of Default, subject only to any notice requirement and grace period cure period(s) expressly provided in the Note or other Loan Documentsthe Security Agreements, the Lender shall be entitled to all of its rights or remedies hereunder, at law or in equity and under the Note, the Security Agreements and any other Loan DocumentsDocument, including, without limitation, the right to declare the outstanding principal balance of the ofthe Note, the accrued interest thereon, and all other obligations of ofthe Borrower to the Lender under this Agreement or otherwise to be immediately due and payable, without presentment, demand, protest or other notice of any kind, all of which are hereby expressly waived, anything in this Agreement or in the Note to the contrary notwithstanding, and the Lender's obligation to make any additional Advances hereunder shall be permanently terminated.