Common use of Acceleration of the Notes Clause in Contracts

Acceleration of the Notes. Upon the occurrence and ------------------------- continuance of any Event of Default, ZCC III may, by giving written notice to the Debtor, accelerate and declare immediately due and payable the outstanding principal balance of, and interest accrued thereon at the applicable rate of interest specified in the Series B Purchase Notes, all of the Series B Purchase Notes, and such principal and interest shall thereupon be immediately due and payable without presentment, demand, protest or notice of any other kind, all of which are hereby waived by the Debtor to the fullest extent permitted by law; provided, however, such acceleration shall occur automatically and without notice in the event of the occurrence of the Events of Default specified in paragraphs (f), (g), (h) or (i) of Section 9.1.

Acceleration of the Notes. Upon the occurrence and ------------------------- continuance of ------------------------- any Event of Default, ZCC III may, by giving written notice to the Debtor, accelerate and declare immediately due and payable the outstanding principal balance of, and interest accrued thereon at the applicable rate of interest specified in the Series B A Purchase Notes, all of the Series B A Purchase Notes, and such principal and interest shall thereupon be immediately due and payable without presentment, demand, protest or notice of any other kind, all of which are hereby waived by the Debtor to the fullest extent permitted by law; provided, however, such acceleration shall occur automatically and without notice in the event of the occurrence of the Events of Default specified in paragraphs (f), (g), (h) or (i) of Section 9.1.

Acceleration of the Notes. Upon the occurrence and continuance ------------------------- continuance of any Event of Default, ZCC III IV may, by giving written notice to the Debtor, accelerate and declare immediately due and payable the outstanding principal balance of, and interest accrued thereon at the applicable rate of interest specified in the Series B Purchase Notes, all of the Series B Purchase Notes, and such principal and interest shall thereupon be immediately due and payable without presentment, demand, protest or notice of any other kind, all of which are hereby waived by the Debtor to the fullest extent permitted by law; provided, however, such acceleration shall occur automatically and without notice in the event of the occurrence of the Events of Default specified in paragraphs (f), (g), (h) or (i) of Section 9.1.