Common use of Acceleration of Securities Clause in Contracts

Acceleration of Securities. If payment of the Securities is accelerated because of an Event of Default, the Company shall promptly notify holders of Senior Debt of the acceleration.

Appears in 64 contracts

Sources: Subordinated Debt Indenture (PRGX Global, Inc.), Subordinated Indenture (MULTI COLOR Corp), Subordinated Indenture (Meridian Bioscience Inc)

Acceleration of Securities. If payment of the Securities is accelerated because of an Event of Default, the Company shall promptly notify holders of Senior Debt Indebtedness of the acceleration.

Appears in 28 contracts

Sources: Indenture (Oci Holdings Inc), Indenture (Protein Design Labs Inc/De), Indenture (Citadel Broadcasting Corp)

Acceleration of Securities. If payment of the Securities Notes is accelerated because of an Event of Default, the Company shall promptly notify holders of Senior Debt of the acceleration.

Appears in 19 contracts

Sources: Indenture (Moog Inc), Indenture (Classic Network Transmission LLC), Indenture (Transmontaigne Inc)

Acceleration of Securities. If payment of the Securities is accelerated because of an Event of Default, the Company shall promptly notify holders of the Senior Debt Indebtedness of the acceleration.

Appears in 13 contracts

Sources: Indenture (St John Knits Inc), Indenture (West Texas & Lubbock Railroad Co Inc), Indenture (Fedders North America Inc)

Acceleration of Securities. If payment of the Securities is accelerated because of an Event of Default, the Company shall promptly notify holders of the Senior Debt of the acceleration.

Appears in 7 contracts

Sources: Note Agreement (Casual Male Retail Group Inc), Indenture (Euramax International PLC), Indenture (Autotote Corp)

Acceleration of Securities. If payment of the Securities is accelerated because of an Event of Default, the Company Issuers shall promptly notify holders of Senior Debt of the acceleration.

Appears in 5 contracts

Sources: Indenture (FriendFinder Networks Inc.), Indenture (Alliance Laundry Holdings LLC), Indenture (Alliance Laundry Holdings LLC)

Acceleration of Securities. If payment of the Securities Note is accelerated because of an Event of Default, the Company shall promptly notify holders of Senior Debt of the acceleration.

Appears in 4 contracts

Sources: Senior Subordinated Exchangeable Note (Eftc Corp/), Senior Subordinated Exchangeable Note (Eftc Corp/), Senior Subordinated Convertible Note (Eftc Corp/)

Acceleration of Securities. If payment of the Securities Notes is accelerated because of an Event of Default, the Company and the Trustee shall promptly notify holders of Senior Debt of the acceleration.

Appears in 3 contracts

Sources: Indenture (Hexacomb CORP), Indenture (Spectrum Brands, Inc.), Indenture (Rayovac Corp)

Acceleration of Securities. If payment of the Securities of such series is accelerated because of an Event of Default, the Company shall promptly notify holders of Senior Debt of the acceleration.

Appears in 3 contracts

Sources: Indenture (West Virginia Management Services Organization, Inc.), Indenture (NCS of Illinois Inc), Indenture (Ail Technologies Inc)

Acceleration of Securities. If payment of the Securities is accelerated because of an Event of Default, the Company Issuer shall promptly notify holders of Senior Debt of the acceleration.

Appears in 3 contracts

Sources: Indenture (Cott Corp /Cn/), Subordinated Debt Indenture (Caprock Communications Corp), Subordinated Indenture (Mesa Inc)

Acceleration of Securities. If payment of the Securities Loans is accelerated because of an Event of Default, the Company Borrower shall promptly notify holders of Senior Debt of the acceleration.

Appears in 2 contracts

Sources: Bridge Loan Agreement (Windmere Durable Holdings Inc), Bridge Loan Agreement (Pca International Inc)

Acceleration of Securities. If payment of the Securities is accelerated because of an Event of Default, the Company (or the Trustee at the direction of the Company) shall promptly notify the holders of Designated Senior Debt of the Company (or the representative of such Designated Senior Debt) of the acceleration.

Appears in 2 contracts

Sources: Indenture (Scientific Games Corp), Indenture (Scientific Games Corp)

Acceleration of Securities. If payment of the Securities is accelerated because of an Event of Default, the Company Issuers shall promptly notify holders of the Senior Debt Indebtedness of the acceleration.

Appears in 2 contracts

Sources: Indenture (Digital Television Services of Kansas LLC), Indenture (Aas Capital Corp)

Acceleration of Securities. If payment of the Securities Exchange Debentures is accelerated because of an Event of Default, the Company shall promptly notify holders of Senior Debt of the such acceleration.

Appears in 1 contract

Sources: Indenture (Panamsat International Systems Inc)

Acceleration of Securities. If payment of the Securities Notes is accelerated because of an Event of Default, the Company shall promptly notify holders of the Senior Debt Indebtedness of the acceleration.

Appears in 1 contract

Sources: Modification Agreement (St John Knits International Inc)

Acceleration of Securities. If payment of the Securities is accelerated because of an Event of Default, the Company Corporation shall promptly notify holders of the Senior Debt Discount Notes of the acceleration.

Appears in 1 contract

Sources: Exchange Agreement (Ampex Corp /De/)

Acceleration of Securities. If payment of the Securities Notes is accelerated because of an Event of Default, the Company shall promptly notify the holders of Senior Debt of the acceleration.

Appears in 1 contract

Sources: Indenture (Monitronics International Inc)

Acceleration of Securities. If payment of the Securities is accelerated because of an Event of Default, the Company shall promptly notify holders of the Designated Senior Debt Indebtedness of the acceleration.

Appears in 1 contract

Sources: Indenture (Gentek Inc)

Acceleration of Securities. If payment of the Securities is accelerated because of an Event of Default, the Company shall will promptly notify holders of Senior Debt of the acceleration.

Appears in 1 contract

Sources: Indenture (Bowne & Co Inc)

Acceleration of Securities. If payment of the -------------------------- Securities is accelerated because of an Event of Default, the Company shall promptly notify holders of Senior Debt of the acceleration.

Appears in 1 contract

Sources: Indenture (Just for Feet Specialty Stores Inc)

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

Appears in 1 contract

Sources: Subordinated Indenture (Nicewonder Contracting, Inc.)

Acceleration of Securities. If payment of the Securities Notes is accelerated because of an Event of Default, the Company and the Trustee shall promptly notify the holders of Senior Debt of the Company of the acceleration.

Appears in 1 contract

Sources: First Supplemental Indenture (Cardtronics Inc)

Acceleration of Securities. If payment of the Securities is accelerated because of an Event of DefaultDefault under Section 7.02, the Company shall promptly notify holders of Senior Debt Indebtedness of the acceleration.

Appears in 1 contract

Sources: Indenture (Sina Corp)

Acceleration of Securities. If payment of the any series of Securities is accelerated because of an Event of Default, the Company and the Trustee shall promptly notify holders of Senior Debt Indebtedness of the acceleration.

Appears in 1 contract

Sources: Indenture (Steelcase Inc)

Acceleration of Securities. If payment of the Securities is accelerated because of an Event of Default, the Company shall promptly notify holders of the Senior Debt Indebtedness of the acceleration.. ARTICLE NINE

Appears in 1 contract

Sources: Indenture (Carson Products Co)

Acceleration of Securities. If payment of the Securities is accelerated because of an Event of Default, the Company shall promptly notify holders of the Designated Senior Debt Indebtedness of the acceleration.. ARTICLE NINE DISCHARGE OF INDENTURE

Appears in 1 contract

Sources: Indenture (General Chemical Group Inc)

Acceleration of Securities. If payment of the Securities is accelerated because of an Event of Default, the Company shall promptly notify holders Holders of Senior Debt of the acceleration.

Appears in 1 contract

Sources: Indenture (Omnicare Inc)