Accelerated Payment. All moneys owing by the Customer to QC shall be immediately due and payable by the Customer to QC without demand if: 10.1 Any information supplied by the Customer in applying for credit is incorrect or misleading; 10.2 There is a material adverse change in the financial position or credit worthiness of the Customer; 10.3 Any judgment, execution or other process of any Court is issued against or levied upon the Customer and that judgment, execution or other process is not dismissed, or withdrawn within 7 days from the date of the judgment, or issue or levy of the execution or other process; 10.4 Any Controller, Receiver, Receiver and Manager, Voluntary Administrator, Provisional Liquidator, Liquidator or Trustee in Bankruptcy is appointed to the Customer; or 10.5 Any application is made to the Court for an order that the Customer be made bankrupt or be wound up.
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