Acceleration of Secured Obligations Clause Samples
The Acceleration of Secured Obligations clause allows a lender to demand immediate repayment of all outstanding secured debts if certain triggering events occur, such as a borrower’s default or insolvency. In practice, this means that if the borrower fails to meet specific terms of the agreement—like missing payments or breaching covenants—the lender can require the full loan balance to be paid at once, rather than following the original payment schedule. This clause serves to protect the lender by providing a mechanism to quickly recover funds and mitigate risk when the borrower’s ability to repay becomes uncertain.
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Acceleration of Secured Obligations. Lender may, without notice or demand, declare all of the Secured Obligations immediately due and payable in full.
Acceleration of Secured Obligations. Beneficiary may, without notice or demand, declare all of the Secured Obligations immediately due and payable in full.
Acceleration of Secured Obligations. Mortgagee may, without notice or demand, declare all of the Secured Obligations immediately due and payable in full.
Acceleration of Secured Obligations. During the existence of an Event of Default, the Lender may declare the entire balance of all or any portion of the Secured Obligations, including all accrued interest to be immediately due and payable, as provided in the Loan Agreement.
Acceleration of Secured Obligations. In the event of any sale ----------------------------------- made under or by virtue of this Article, the entire principal of, interest and other amounts in respect of the Secured Obligations, if not previously due and payable, shall, at the option of Mortgagee, immediately become due and payable, anything in this Mortgage to the contrary notwithstanding.
Acceleration of Secured Obligations. Upon the occurrence and during the continuance of an Event of Default, the entire balance of all or any portion of the Secured Obligations, including all accrued interest, shall, at the option of the Administrative Agent, become immediately due and payable.
Acceleration of Secured Obligations. Upon the occurrence of ----------------------------------- an Event of Default, and at any time thereafter, Secured Party shall have the option of declaring, without notice to any Person, all Secured Obligations, including without limitation principal and accrued interest, to be immediately due and payable.
Acceleration of Secured Obligations. Beneficiary may, without notice or demand, declare all of Grantor's indebtedness to Beneficiary secured hereunder or by any of the Security Documents immediately due and payable in full, including, but not limited to, the entire unpaid principal balance of the Note and all unpaid interest accrued thereon.
Acceleration of Secured Obligations. Lender may immediately declare all or any portion of the Secured Obligations to be immediately due and payable, whereupon the same shall be and shall become due and payable forthwith without presentment, demand, protest, or notice of any kind, all of which are expressly waived by Borrower.
Acceleration of Secured Obligations. Declare any and all Secured Obligations to be immediately due and payable, and the same shall thereupon become immediately due and payable without further notice or demand.