Common use of Acceleration of Obligations Clause in Contracts

Acceleration of Obligations. Upon the occurrence of any Event of Default: (a) As to any Event of Default (other than an Event of Default under section 4.1(c)) and at any time thereafter during which such Event of Default is continuing, and in each case, the Lender may, by written notice to the Company, immediately declare the unpaid principal balance of the Note, together with all interest accrued thereon, to be immediately due and payable; and the unpaid principal balance of and accrued interest on such Note shall thereupon be due and payable without further notice of any kind, all of which are hereby waived, and notwithstanding anything to the contrary herein or in the Note contained; (b) As to any Event of Default under section 4.1(c), the unpaid principal balance of the Note, together with all interest accrued thereon, shall immediately and forthwith be due and payable, all without presentment, demand, protest, or further notice of any kind, all of which are hereby waived, notwithstanding anything to the contrary herein or in the Note contained; and (c) As to each Event of Default, the Lender shall have all the remedies for default provided by applicable law.

Acceleration of Obligations. Upon the occurrence of any Event of Default: (athe events identified in paragraph 10(a) As to through 10(e), and the passage of any Event of Default (other than an Event of Default under section 4.1(c)) and applicable cure periods, the Seller may at any time thereafter during which such Event of Default is continuing, and in each case, the Lender maythereafter, by written notice to the CompanyBorrower, immediately declare the unpaid principal balance of the Noteany obligations, together with all the interest accrued thereonthereon and other amounts accrued hereunder, to be immediately due and payable; and the unpaid principal balance of and accrued interest on such Note shall thereupon be due and payable payable, all without presentation, demand, protest or further notice of any kind, all of which are hereby waived, and notwithstanding anything to the contrary herein or in contained herein. Upon the Note contained; (b) As to occurrence of any Event of Default event under section 4.1(cparagraph 10(f), the unpaid principal balance of the Noteany obligations, together with all interest accrued thereonthereon and other amounts accrued hereunder, shall thereupon be immediately and forthwith be due and payable, all without presentmentpresentation, demand, protest, protest or further notice of any kind, all of which are hereby waived, and notwithstanding anything to the contrary herein or in the Note contained; and (c) As to each Event of Default, the Lender shall have all the remedies for default provided by applicable lawcontained herein.

Acceleration of Obligations. Upon the occurrence of If any Event of Default: (a) As to any Event one or more Events of Default (other than an Event of Default under section 4.1(c)) and shall at any time thereafter during which such Event of Default is be continuing, and in each case, the Lender Co-Administrative Agents may, and, upon the written direction of the Majority Banks, shall, by written giving notice to the Company, immediately declare all of the Obligations, including the entire unpaid principal of all the Notes, all of the unpaid principal balance interest or fees accrued thereon, and all (if any) other sums payable by the Company or such other Obligor under this Agreement, the Notes, the Letters of Credit (in accordance with Section 1.9.4) or any of the Note, together with all interest accrued thereonother Credit Documents, to be immediately due and payable; and except that upon the occurrence of any Event of Default under Section 7.1(f), all of the Obligations, including the entire unpaid principal of all the Notes, all of the unpaid principal balance interest or fees accrued thereon, and all (if any) other sums payable by the Company or such other Obligor under this Agreement, the Notes, the Letters of Credit or any of the other Credit Documents shall automatically and accrued interest on such Note shall thereupon immediately be due and payable, without notice or demand. Thereupon, all of such Obligations which are not already due and payable shall forthwith become and be absolutely and unconditionally due and payable, without any further notice (or any notice, as the case may be), or any other formalities of any kind, all of which are hereby expressly and irrevocably waived, and notwithstanding anything to the contrary herein or in the Note contained; (b) As to any Event of Default under section 4.1(c), the unpaid principal balance of the Note, together with all interest accrued thereon, shall immediately and forthwith be due and payable, all without presentment, demand, protest, or further notice of any kind, all of which are hereby waived, notwithstanding anything to the contrary herein or in the Note contained; and (c) As to each Event of Default, the Lender shall have all the remedies for default provided by applicable law.

Acceleration of Obligations. Upon the occurrence of If any Event of Default: (a) As to any Event one or more Events of Default (other than an Event of Default under section 4.1(c)) and shall at any time thereafter during which such Event of Default is be continuing, and in each case, the Lender Co-Administrative Agents may, and, upon the written direction of the Majority Banks, shall, by written giving notice to the Company, immediately declare all of the Obligations, including the entire unpaid principal of all the Loans, all of the unpaid principal balance interest or fees accrued thereon, and all (if any) other sums payable by the Company or such other Obligor under this Agreement, the Notes or any of the Note, together with all interest accrued thereonother Credit Documents, to be immediately due and payable; and except that upon the occurrence of any Event of Default under Section 7.1(g), all of the Obligations, including the entire unpaid principal of all the Loans, all of the unpaid principal balance interest or fees accrued thereon, and all (if any) other sums payable by the Company or such other Obligor under this Agreement, the Notes or any of the other Credit Documents shall automatically and accrued interest on such Note shall thereupon immediately be due and payable, without notice or demand. Thereupon, all of such Obligations which are not already due and payable shall forthwith become and be absolutely and unconditionally due and payable, without any further notice (or any notice, as the case may be), or any other formalities of any kind, all of which are hereby expressly and irrevocably waived, and notwithstanding anything to the contrary herein or in the Note contained; (b) As to any Event of Default under section 4.1(c), the unpaid principal balance of the Note, together with all interest accrued thereon, shall immediately and forthwith be due and payable, all without presentment, demand, protest, or further notice of any kind, all of which are hereby waived, notwithstanding anything to the contrary herein or in the Note contained; and (c) As to each Event of Default, the Lender shall have all the remedies for default provided by applicable law.

Acceleration of Obligations. Upon the occurrence of any Event of Default: (a) As to any Event of Default (other than an Event of Default under section 4.1(c6.1(k)) and at any time thereafter during which such Event of Default is continuingthereafter, and in each case, the Lender may, by written notice to the Company, immediately declare the unpaid principal balance of the NoteNotes, together with all interest accrued thereon, to be immediately due and payable; and the unpaid principal balance of and accrued interest on such Note the Notes shall thereupon be due and payable without further notice of any kind, all of which are hereby waived, and notwithstanding anything to the contrary herein or in the Note Notes contained; (b) As to any Event of Default under section 4.1(cSection 6.1(k), the unpaid principal balance of the NoteNotes, together with all interest accrued thereon, shall immediately and forthwith be due and payable, all without presentment, demand, protest, or further notice of any kind, all of which are hereby waived, notwithstanding anything to the contrary herein or in the Note Notes contained; and (c) As to each Event of Default, the Lender shall have all the remedies for default provided by the Collateral Documents, as well as applicable law.

Acceleration of Obligations. Upon the occurrence of any Event of Default: (athe events identified in paragraph 10(a) As to through 10(c), and the passage of any Event of Default (other than an Event of Default under section 4.1(c)) and applicable cure periods, the Seller may at any time thereafter during which such Event of Default is continuing, and in each case, the Lender maythereafter, by written notice to the CompanyBorrower, immediately declare the unpaid principal balance of the Noteany obligations, together with all the interest accrued thereonthereon and other amounts accrued hereunder, to be immediately due and payable; and the unpaid principal balance of and accrued interest on such Note shall thereupon be due and payable payable, all without presentation, demand, protest or further notice of any kind, all of which are hereby waived, and notwithstanding anything to the contrary herein or in contained herein. Upon the Note contained; (b) As to occurrence of any Event of Default event under section 4.1(cparagraph 10(d), the unpaid principal balance of the Noteany obligations, together with all interest accrued thereonthereon and other amounts accrued hereunder, shall thereupon be immediately and forthwith be due and payable, all without presentmentpresentation, demand, protest, protest or further notice of any kind, all of which are hereby waived, and notwithstanding anything to the contrary herein or in the Note contained; and (c) As to each Event of Default, the Lender shall have all the remedies for default provided by applicable lawcontained herein.

Acceleration of Obligations. Upon the occurrence of any Event of Default: (a) As to any Event of Default (other than an Event of Default under section Section 4.1(c)) and at any time thereafter during which such Event of Default is continuing, and in each case, the Lender may, by written notice to the Company, immediately declare the unpaid principal balance of the Note, together with all interest accrued thereon, to be immediately due and payable; and the unpaid principal balance of and accrued interest on such Note shall thereupon be due and payable without further notice of any kind, all of which are hereby waived, and notwithstanding anything to the contrary herein or in the Note contained; (b) As to any Event of Default under section Section 4.1(c), the unpaid principal balance of the Note, together with all interest accrued thereon, shall immediately and forthwith be due and payable, all without presentment, demand, protest, or further notice of any kind, all of which are hereby waived, notwithstanding anything to the contrary herein or in the Note contained; and (c) As to each Event of Default, the Lender shall have all the remedies for default provided by applicable law.

Acceleration of Obligations. Upon the occurrence of any Event of Default: (athe events identified in Sections 4.1(a) As to any Event of Default (other than an Event of Default under section 4.1(c)through 4.1(e) and 4.1(g), and the passage of any applicable cure period, the Bank may at any time thereafter during which such Event of Default is continuing, and in each case, the Lender maythereafter, by written notice to the CompanyBorrower, immediately declare the unpaid principal balance of the Note, Notes together with all the interest accrued thereonthereon and other amounts accrued hereunder, to be immediately due and payable; and the unpaid principal balance of and accrued interest on such Note shall thereupon be due and payable payable, all without presentation, demand, protest or further notice of any kind, all of which are hereby waived, and notwithstanding anything to the contrary contained herein or in any of the Note contained; (b) As to other Loan Documents. Upon the occurrence of any Event of Default event under section 4.1(cSection 4.1(f), then the unpaid principal balance of under the NoteNotes, together with all interest accrued thereonthereon and other amounts accrued hereunder, shall thereupon be immediately and forthwith be due and payable, all without presentmentpresentation, demand, protest, protest or further notice of any kind, all of which are hereby waived, and notwithstanding anything to the contrary contained herein or in any of the Note contained; and (c) As to each Event of Default, the Lender shall have all the remedies for default provided by applicable lawother Loan Documents.

Acceleration of Obligations. Upon the occurrence of any Event of Default: : (a) As to any Event of Default (other than an Event of Default under section 4.1(c)) and at any time thereafter during which such Event of Default is continuing, and in each case, the Lender may, by written notice to the Company, immediately declare the unpaid principal balance of the Note, together with all interest accrued thereon, to be immediately due and payable; and the unpaid principal balance of and accrued interest on such Note shall thereupon be due and payable without further notice of any kind, all of which are hereby waived, and notwithstanding anything to the contrary herein or in the Note contained; ; (b) As to any Event of Default under section 4.1(c), the unpaid principal balance of the Note, together with all interest accrued thereon, shall immediately and forthwith be due and payable, all without presentment, demand, protest, or further notice of any kind, all of which are hereby waived, notwithstanding anything to the contrary herein or in the Note contained; and and (c) As to each Event of Default, the Lender shall have all the remedies for default provided by applicable law.

Acceleration of Obligations. Upon the occurrence of If any Event of Default: (a) As to any Event one or more Events of Default (other than an Event of Default under section 4.1(c)) and shall at any time thereafter during which such Event of Default is be continuing, and in each case, the Lender Co-Administrative Agents may, and, upon the written direction of the Majority Banks, shall, by written giving notice to the Company, immediately declare all of the Obligations, including the entire unpaid principal of all the Notes, all of the unpaid principal balance interest or fees accrued thereon, and all (if any) other sums payable by the Company or such other Obligor under this Agreement, the Notes, the Letters of Credit (in accordance with Section 1.9.4) or any of the Note, together with all interest accrued thereonother Credit Documents, to be immediately due and payable; and except that upon the occurrence of any Event of Default under Section 7.1(g), all of the Obligations, including the entire unpaid principal of all the Notes, all of the unpaid principal balance interest or fees accrued thereon, and all (if any) other sums payable by the Company or such other Obligor under this Agreement, the Notes, the Letters of Credit or any of the other Credit Documents shall automatically and accrued interest on such Note shall thereupon immediately be due and payable, without notice or demand. Thereupon, all of such Obligations which are not already due and payable shall forthwith become and be absolutely and unconditionally due and payable, without any further notice (or any notice, as the case may be), or any other formalities of any kind, all of which are hereby expressly and irrevocably waived, and notwithstanding anything to the contrary herein or in the Note contained; (b) As to any Event of Default under section 4.1(c), the unpaid principal balance of the Note, together with all interest accrued thereon, shall immediately and forthwith be due and payable, all without presentment, demand, protest, or further notice of any kind, all of which are hereby waived, notwithstanding anything to the contrary herein or in the Note contained; and (c) As to each Event of Default, the Lender shall have all the remedies for default provided by applicable law.