Accelerate Indebtedness. ▇▇▇▇▇▇ may declare the entire Obligations immediately due and payable, without notice to Borrower, as set forth in Section 40 and 50. (For Texas Borrowers): If you are in default, Lender will require Borrower to repay the entire Obligation, including both unpaid principal balance and any accrued interest, at once. Lender will not be required to give Borrower notice that Lender is demanding or intends to demand immediate payment of all that Borrower owes
Appears in 3 contracts
Sources: Business Loan and Security Agreement Supplement (Sky Quarry Inc.), Business Loan and Security Agreement Supplement (Sky Quarry Inc.), Business Loan and Security Agreement Supplement (Correlate Energy Corp.)