Common use of Remedies of Lender Clause in Contracts

Remedies of Lender. If an Event of Default shall occur and be continuing or shall exist, the principal amount outstanding of the Loan and interest accrued thereon shall be immediately due and payable without presentment demand, protest or further notice of any kind, all of which are hereby expressly waived, and an action therefor shall immediately accrue.

Remedies of Lender. If an Event of Default shall occur and be continuing or shall exist, the principal amount outstanding of the Loan Note and interest accrued thereon shall be immediately due and payable without presentment presentment, demand, protest or further notice of any kind, all of which are hereby expressly waived, and an action therefor shall immediately accrue. Nothing contained herein shall be deemed a waiver of any other remedies that Lender may have under contract or statute.

Remedies of Lender. If an Event of Default shall occur and be continuing or shall exist, the principal amount outstanding of the Loan Note and interest accrued thereon shall be immediately due and payable without presentment presentment, demand, protest or further notice of any kind, all of which are hereby expressly waived, and an action therefor shall immediately accrue.