Common use of Acceleration of Securities Clause in Contracts

Acceleration of Securities. The Company shall promptly notify holders of its Senior Indebtedness and any agent or representative with respect to such Senior Indebtedness if payment of the Securities is accelerated because of an Event of Default.

Appears in 8 contracts

Sources: Indenture (FedNat Holding Co), Indenture (FEDNAT HOLDING Co), Indenture (Tampa DC, LLC)