Acceleration Clause. Upon the occurrence of any Default (as defined pursuant to Section 9 hereof), all of the Indebtedness of Debtor, whether due or not, shall become immediately due and payable in accordance with the terms of the Notes and the other Loan Documents.
Appears in 2 contracts
Sources: Security Agreement (Caraco Pharmaceutical Laboratories LTD), Security Agreement (Caraco Pharmaceutical Laboratories LTD)
Acceleration Clause. Upon the occurrence of any Default (as defined pursuant to Section 9 hereof), all of the Indebtedness of Debtor, whether due or not, shall become immediately due and payable in accordance with the terms of the Notes Note and the other Loan Documents.
Appears in 1 contract
Sources: Security Agreement (Caraco Pharmaceutical Laboratories LTD)