Common use of Trigger Event Remedies Clause in Contracts

Trigger Event Remedies. At any time following the occurrence of any Trigger Event, Lender may, at its option, increase the Outstanding Balance by applying the Trigger Effect (subject to the limitation set forth below).

Appears in 17 contracts

Sources: Securities Purchase Agreement (Insight Acquisition Corp. /DE), Note (Jaguar Health, Inc.), Securities Purchase Agreement (Insight Acquisition Corp. /DE)

Trigger Event Remedies. At any time following the occurrence of any Trigger Event, Lender may, at its option, increase the Outstanding Balance by applying the Trigger Effect Default Interest (as defined below) (subject to the limitation set forth below).

Appears in 1 contract

Sources: Securities Purchase Agreement (Infobird Co., LTD)

Trigger Event Remedies. At any time following the occurrence and during the continuance of any Trigger Event, Lender may, at its optionoption and following prior written notice to Borrower, increase the Outstanding Balance by applying the Trigger Effect (subject to the limitation set forth below).

Appears in 1 contract

Sources: Securities Purchase Agreement (Biodesix Inc)