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. The Company may pay the Securities when 120 days pass after the acceleration occurs if this Article permits the payment at that time.
Appears in 28 contracts
Sources: Indenture (Carnival PLC), Indenture (Carnival PLC), Indenture (Central Valley Community Bancorp)
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. The Company may shall pay the Securities when 120 179 days pass after the acceleration occurs if this Article permits the payment at that time; provided, however, that if no Senior Debt is outstanding at the time of such acceleration, the Company shall pay the Securities in accordance with the provisions of Article 6.
Appears in 3 contracts
Sources: Indenture (Del Webb Corp), Indenture (Del Webb Corp), Indenture (Del Webb Corp)
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. The Company may pay the Securities when 120 days pass after the acceleration occurs if this Article permits the payment at that time.
Appears in 2 contracts
Sources: Indenture (Sirius Satellite Radio Inc), Indenture (Cd Radio 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. The Company may shall pay the Securities when 120 days pass after the acceleration occurs if this Article permits the payment at that time; provided, however, that if no Senior Debt is outstanding at the time of such acceleration, the Company shall pay the Securities in accordance with the provisions of Article 6.
Appears in 2 contracts
Sources: Indenture (Excel Legacy Corp), Shareholder Agreement (Excel Legacy Corp)
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. The Company may pay the Securities when 120 days pass after the acceleration occurs if this Article permits the payment at that time.
Appears in 2 contracts
Sources: Indenture (Carramerica Realty L P), Indenture (Carramerica Realty Corp)
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. The Company may shall pay the Securities when 120 180 days pass after the acceleration occurs if this Article permits the payment at that time; provided, however, that if no Senior Indebtedness is outstanding at the time of such acceleration, the Company shall pay the Securities in accordance with the provisions of Article 6.
Appears in 2 contracts
Sources: Indenture (Key Production Co Inc), Indenture (Key Production 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 Indebtedness of the acceleration. The Company may shall pay the Securities when 120 180 days pass after the acceleration occurs if this Article permits the payment at that time; provided, however, that if no Senior Indebtedness is outstanding at the time of such acceleration, the Company shall pay the Securities in accordance with the provisions of Article Six.
Appears in 1 contract
Sources: Indenture (MDC Holdings Inc)
Acceleration of Securities. If payment of the Securities is accelerated because of an Event of Default, the Company Partnership shall promptly notify holders of Senior Debt of the acceleration. The Company Partnership may pay the Securities when 120 days pass after the acceleration occurs if this Article permits the payment at that time.
Appears in 1 contract
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. The Company may pay the BN 83622998v1 Securities when 120 days pass after the acceleration occurs if this Article permits the payment at that time.
Appears in 1 contract
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. The Company may shall pay the Securities when 120 days pass after the acceleration occurs if this Article permits the payment at that time.at
Appears in 1 contract
Sources: Indenture (Excel Legacy Corp)
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. The Company may pay the Securities when 120 days pass after the acceleration occurs if this Article permits the payment at that time.
Appears in 1 contract
Sources: Indenture (NVR 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. The Company may shall pay the Securities when 120 days pass after the acceleration occurs if this Article permits the payment at that time; provided, however, that if no Senior Debt is outstanding at the time of such acceleration the Company shall pay the Securities in accordance with the provisions of Article 4.
Appears in 1 contract
Sources: Indenture (Clark Usa Inc /De/)
Acceleration of Securities. If payment of the Securities is accelerated because of an Event of Default, the Company Trust shall promptly notify holders of Senior Debt of the acceleration. The Company Trust may pay the Securities when 120 days pass after the acceleration occurs if this Article permits the payment at that time.
Appears in 1 contract
Sources: Indenture (Washington Real Estate Investment Trust)