Common use of Acceleration of Payment of Securities Clause in Contracts

Acceleration of Payment of Securities. If payment of the Securities is accelerated because of an Event of Default, the Company or the Trustee shall promptly notify the holders of the Designated Senior Indebtedness (or their Representatives) of the acceleration.

Appears in 11 contracts

Sources: Indenture (Boyd Gaming Corp), Indenture (Stone Energy Corp), Indenture (Amtrol Inc /Ri/)

Acceleration of Payment of Securities. If payment of the Subordinated Securities is accelerated because of an Event of Default, the Company or the Trustee Partnership shall promptly notify the holders of the Designated Senior Indebtedness (or their Representatives) of the acceleration.

Appears in 10 contracts

Sources: Indenture (Heritage Operating Lp), Indenture (K-Sea Transportation Inc.), Indenture (K-Sea Transportation Inc.)

Acceleration of Payment of Securities. If payment of the Securities is accelerated because of an Event of Default, the Company or the Trustee shall promptly notify the holders of the Designated Senior Indebtedness of the Company (or their Representatives) of the acceleration.

Appears in 10 contracts

Sources: Indenture (Columbus McKinnon Corp), Purchase Agreement (Amh Holdings, LLC), Indenture (Associated Materials, LLC)

Acceleration of Payment of Securities. If payment of the Securities is accelerated because of an Event of Default, the Company or the Trustee (provided that the Trustee shall have received written notice from the Company, on which notice the Trustee shall be entitled to conclusively rely) shall promptly notify the holders of the Designated Senior Indebtedness of the Company (or their RepresentativesRepresentative) of the acceleration.

Appears in 8 contracts

Sources: Indenture (Verso Paper Corp.), Third Supplemental Indenture (Verso Paper Corp.), Indenture (Covalence Specialty Adhesives LLC)

Acceleration of Payment of Securities. If payment of the Subordinated Securities is accelerated because of an Event of Default, the Company or the Trustee shall promptly notify the holders of the Designated Senior Indebtedness (or their Representatives) of the acceleration.

Appears in 6 contracts

Sources: Subordinated Indenture (Pardril Inc), Subordinated Indenture (Jones Energy, Inc.), Subordinated Indenture (AMI 2, Inc.)

Acceleration of Payment of Securities. If payment of the Securities is accelerated because of an Event of Default, the Company or the Trustee (upon receipt of the requisite information from the Company) shall promptly notify the holders of the Designated Senior Indebtedness (or their Representatives) of the Company of the acceleration.

Appears in 4 contracts

Sources: Indenture (Denbury Resources Inc), Indenture (Denbury Resources Inc), Indenture (Denbury Management Inc)

Acceleration of Payment of Securities. If payment of the Securities is accelerated because of an Event of Default, the Company or the Trustee shall promptly notify the holders of the Designated Senior Indebtedness (or their RepresentativesRepresentative) of the acceleration.

Appears in 3 contracts

Sources: Indenture (Texas Petrochemicals Corp), Indenture (Kelley Oil & Gas Corp), Indenture (Kelley Operating Co LTD)

Acceleration of Payment of Securities. If payment of the Securities is accelerated because of an Event of Default, the Company or the Trustee shall promptly notify the holders of the Designated Senior Indebtedness of the Company (or their Representativesrepresentative) of the acceleration.

Appears in 2 contracts

Sources: Indenture (Artesyn Technologies Inc), Indenture (Memberworks Inc)

Acceleration of Payment of Securities. If payment -------------------------------------- of the Securities is accelerated because of an Event of Default, the Company or the Trustee shall promptly notify the holders of the Designated Senior Indebtedness of the Company (or their Representatives) of the acceleration.

Appears in 2 contracts

Sources: Indenture (Blum Capital Partners Lp), Indenture (Cbre Holding Inc)

Acceleration of Payment of Securities. If payment of -------------------------------------- the Securities is accelerated because of an Event of Default, the Company or the Trustee shall promptly notify the holders of the Designated Senior Indebtedness (or their Representatives) of the acceleration.

Appears in 2 contracts

Sources: Indenture (21st Century Telecom Group Inc), Indenture (DR Sales Inc)

Acceleration of Payment of Securities. If payment of the Securities is accelerated because of an Event of Default, the Company Company, the Subsidiary Guarantors or the Trustee shall promptly notify the holders of the Designated Senior Indebtedness (or their Representatives) of the acceleration.. If

Appears in 2 contracts

Sources: Indenture (Wire Harness Industries Inc), Indenture (International Wire Group Inc)

Acceleration of Payment of Securities. If payment of the Securities is accelerated because of an Event of Default, the Company or the Trustee shall promptly notify the holders of the Designated Senior Indebtedness of the Company (or their Representatives) of the acceleration.

Appears in 2 contracts

Sources: Indenture (Medical Documenting Systems Inc), Indenture (United Surgical Partners International Inc)

Acceleration of Payment of Securities. If payment of the Securities is accelerated because of an Event of Default, the Company Company, the Subsidiary Guarantors or the Trustee shall promptly notify the holders of the Designated Senior Credit Facility Indebtedness (or their Representatives) Representatives of the acceleration.

Appears in 2 contracts

Sources: Indenture (International Wire Rome Operations, Inc.), Indenture (International Wire Group Inc)

Acceleration of Payment of Securities. If payment of the Securities is accelerated because of an Event of Default, the Company or the Trustee at the direction and expense of the Company shall promptly notify the holders of the Designated Senior Indebtedness (or their Representatives) of the acceleration.

Appears in 2 contracts

Sources: Indenture (Aqua Chem Inc), Indenture (Aqua Chem Inc)

Acceleration of Payment of Securities. If payment of the Securities is accelerated because of an Event of Default, the Company or the Trustee shall promptly notify the holders of the Designated Senior Indebtedness (Debt or their Representatives) Representative of the acceleration.

Appears in 1 contract

Sources: Exchange Indenture (Benedek Communications Corp)

Acceleration of Payment of Securities. If payment of the Securities is accelerated because of an Event of Default, the Company or the Trustee shall promptly notify the holders of the Designated Senior Indebtedness of Subsidiary Guarantors (or their Representatives) of the acceleration.

Appears in 1 contract

Sources: Indenture (United States Can Company /De/)

Acceleration of Payment of Securities. If payment of the Securities is accelerated because of an Event of Default, the Company or the Trustee shall promptly notify the holders of the Designated Senior Indebtedness of Guarantor (or their Representatives) of the acceleration.

Appears in 1 contract

Sources: Indenture (Rio Hotel & Casino Inc)

Acceleration of Payment of Securities. If payment of the Securities is accelerated because of an Event of Default, the Company or the Trustee shall promptly notify the holders of the Designated Senior Indebtedness of the Company (or their Representatives) of the acceleration; provided that any failure to give such notice shall have no effect whatsoever on the provisions of this Article 10.

Appears in 1 contract

Sources: Indenture (Westborn Service Center, Inc.)

Acceleration of Payment of Securities. If payment of the Subordinated Securities is accelerated because of an Event of Default, the Company or the Trustee shall promptly notify the holders of the Designated Senior Indebtedness (or their Representatives) of the acceleration.

Appears in 1 contract

Sources: Indenture (Parker Hannifin Corp)

Acceleration of Payment of Securities. If payment of the Securities is accelerated because of an Event of Default, the Company or the Trustee shall promptly notify the holders of the Designated Senior Indebtedness of the Company (or their RepresentativesRepresentative) of the acceleration.

Appears in 1 contract

Sources: Indenture (Travelcenters Realty Inc)

Acceleration of Payment of Securities. If payment of the Securities is accelerated because of an Event of Default, the Company or the Trustee shall promptly notify the holders of the Designated Senior Indebtedness of the Guarantors (or their Representatives) of the acceleration.

Appears in 1 contract

Sources: Indenture (Us Can Corp)

Acceleration of Payment of Securities. If payment ------------------------------------- of the Securities is accelerated because of an Event of Default, the Company or the Trustee shall promptly notify the holders of the Designated Senior Indebtedness (or their Representatives) of the acceleration.

Appears in 1 contract

Sources: Indenture (Delco Remy International Inc)

Acceleration of Payment of Securities. If payment of the Securities is accelerated because of an Event of Default, the Company or the Trustee (provided that the Trustee shall have received written notice from the Company, on which notice the Trustee shall be entitled to conclusively rely) shall promptly notify the holders Representative of the Designated Senior Indebtedness (or their Representatives) Debt of the Company of the acceleration.

Appears in 1 contract

Sources: Indenture (Sea Coast Foods, Inc.)

Acceleration of Payment of Securities. If payment of the Securities is accelerated because of an Event of Default, the Company or the Trustee shall promptly notify the holders of the Designated Senior Indebtedness (or their Representatives) of the acceleration.

Appears in 1 contract

Sources: Indenture (Bremen Bearings Inc)

Acceleration of Payment of Securities. If payment of the Securities is accelerated because of an Event of Default, the Company or the Trustee Partnership shall promptly notify the holders of the Designated Senior Indebtedness (or their Representatives) of the acceleration.

Appears in 1 contract

Sources: Subordinated Indenture (Buckeye Partners, L.P.)

Acceleration of Payment of Securities. If payment of -------------------------------------- the Securities is accelerated because of an Event of Default, the Company or the Trustee shall promptly notify the holders of the Designated Senior Indebtedness of the Company (or their Representatives) of the acceleration.

Appears in 1 contract

Sources: Indenture (Fs Equity Partners Iii Lp)

Acceleration of Payment of Securities. If payment of the Securities is accelerated because of an Event of Default, the Company or the Trustee shall promptly notify the holders of the Designated Senior Indebtedness (Debt or their Representatives) Representatives of the acceleration.

Appears in 1 contract

Sources: Indenture (Petroleum Heat & Power Co Inc)

Acceleration of Payment of Securities. If payment of the Securities is accelerated because of an Event of Default, the Company or the Trustee shall promptly notify the holders of the Designated Senior Indebtedness Debt (or their Representatives) of the acceleration.

Appears in 1 contract

Sources: Indenture (Dii Group Inc)

Acceleration of Payment of Securities. If payment of the Securities is accelerated because of an Event of Default, the Company or the Trustee shall promptly notify the holders of the Designated Senior Bank Indebtedness (or their RepresentativesRepresentative) of the acceleration.

Appears in 1 contract

Sources: Indenture (Octel Developments PLC)