Accelerated repayment Sample Clauses

Accelerated repayment. The Loan shall be repaid in full together with all accrued interest and any other amounts due under the Agreement at the day of termination of the Agreement in accordance with article 6 of the Agreement.

Accelerated repayment. The Company may repay the entire outstanding balance of the Loan. If the Company so elects, it must repay to the Commission the entire outstanding balance within 45 days of the Default Notice; or

Accelerated repayment. If at any time, the Company is of the opinion that there is mis-representation / defect in declarations/documents provided by the customer to the Company, the Company may, at its sole discretion, may require the Borrower to immediately repay the Loan, together with interest and all other charges thereon.

Accelerated repayment. Subject to Section 6.02(b), the Collateral Agent shall use the balance and funds from time to time deposited in the Genius Control Account to prepay (or Cash Collateralize, as applicable) the Obligations as follows: (i) If, at any time, The ▇▇▇▇▇▇▇▇▇ Company blocks the weekly payments made from the ▇▇▇▇▇▇▇▇▇ Control Account to the Borrower for more than 4 consecutive ▇▇▇▇▇▇▇▇▇ Disbursement Dates (as defined in the Intercreditor Agreement), then from and after being made aware of such occurrence the Collateral Agent shall immediately use the balance and funds from time to time deposited in the Genius Control Account to prepay all Obligations (including all Loans, L/C Borrowings, all unpaid interest, fees, costs and expenses) and Cash Collateralize the Obligations in an amount equal to the then Effective Amount of the L/C Obligations. (ii) If, at any time, any Inbound Distribution Agreement or Outbound Distribution Agreement actually is terminated or not renewed and such actual termination or non-renewal, together with any other actual termination or non-renewal of Inbound Distribution Agreements and Outbound Distribution Agreements, in the aggregate could reasonably be expected to have a Material Adverse Effect, then from and after being made aware of such occurrence the Collateral Agent shall immediately use the balance and funds from time to time deposited in the Genius Control Account to prepay all Obligations (including all Loans, L/C Borrowings, all unpaid interest, fees, costs and expenses) and Cash Collateralize the Obligations in an amount equal to the then Effective Amount of the L/C Obligations. (iii) If, at any time, the Cash Collection Ratio is below 100% for any calendar quarter (including after any reduction in the Applicable Advance Rate pursuant to Section 2.17), then from and after being made aware of such occurrence the Collateral Agent shall immediately use the balance and funds from time to time deposited in the Genius Control Account to prepay all Obligations (including all Loans, L/C Borrowings, all unpaid interest, fees, costs and expenses) and Cash Collateralize the Obligations in an amount equal to the then Effective Amount of the L/C Obligations. (iv) If, at any time, an Event of Default has occurred under Section 6.01 (other than Section 6.01(e) and Section 6.01(h)), then from and after being made aware of such occurrence the Collateral Agent shall immediately use the balance and funds from time to time deposited in the Genius Con...

Accelerated repayment. The Notes shall become immediately repayable at par together with any accrued interest on the occurrence of any of the following events:

Accelerated repayment. 6.1 The Notes shall become immediately repayable on demand at par together with interest (less any income or other tax required by law to be deducted) if the Company fails to repay the principal amount of the Notes or any part of them or pay any interest thereon within 14 days after the due date for such repayment or payment.

Accelerated repayment. If at any time, the Company is of the opinion that: (a) the market value of the Collateral has fallen, or (b) that a whole or part of the Collateral is not of the represented weight or purity, or (c) that there is any defect to the title of the Borrower to the Collateral, the Company may re-evaluate the purity and weight of the Collateral, internally or by experts, at the sole cost and expense of the Borrower. In the event of any discrepancy in the value or title to the Collateral, and notwithstanding any ^certificate of purity and weight of theCollateral issued by theCompany,the Company may, at its sole discretion, either:(X) provide the Borrower an opportunity to make good the shortfall by pledging additional gold jewellery, or make good the title of the Pledged Jewellery, as the case may be, or (Y) require the Borrower to immediately repay the Loan, together with interest and all other charges thereon.

Accelerated repayment. 5.1 The Notes shall become immediately repayable at par together with any accrued interest (after deduction of tax). (a) if either of the Issuers fails to repay the principal amount of the Notes or any part of it or to pay any interest thereon within 14 days after the due date for such repayment; or (b) if either of the Issuers ceases or threatens to cease to carry on its business or a substantial part of its business; or (c) if either of the Issuers is, or is adjudicated or found to be, insolvent or stops or suspends payment of its debts or is (or is deemed to be) unable to or admits inability to pay its debts as they fall due or process or enters into any composition or other arrangement for the benefit of its creditors generally or proceedings are commenced in relation to the Issuers under any law regulation or procedure relating to reconstruction or adjustment of debts; or (d) if any order is made by any competent court or any resolution is passed by the either of the Issuers for the winding up or dissolution or for the appointment of a liquidator of either of the Issuers (except for the purpose of a solvent amalgamation or reconstruction previously approved by the Extraordinary Resolution of the Noteholders); or (e) if an encumbrancer takes possession or a receiver or administrative receiver or manager or sequestrator is appointed of the whole or any part of the undertaking or assets of either of the Issuers or distress or other process is levied or enforced upon any of the assets rights or revenues of either of the Issuers and any such action is not lifted or discharged within 14 days; or

Accelerated repayment. A new fifth paragraph is hereby added to the Note which paragraph shall read as follows: "Upon the consummation of one or more financings by Borrower which results in aggregate gross proceeds to the Borrower of at least $3,000,000 after repayment of the Imperial Bank debt, the entire principal amount of this Note and all accrued but unpaid interest due thereon, shall become due and payable." "Upon the sale of all or substantially all of the equity interests in Borrower or all or substantially all of the assets of Borrower to a third party for consideration which is at least 35% in cash, the entire principal amount of this Note and all accrued but unpaid interest due thereon, shall become due and payable. In connection with such transaction, regardless of the cash percentage, Buyer shall assume all of the Borrower's obligations to the Security Agreement, Manufacturing Agreement, Royalty Agreement and all other obligations of Borrower to Holder."