Automatic Acceleration in Certain Circumstances. If an Event of Default set forth in Section 7.01(A)(x) or 7.01(A)(xi) occurs with respect to the Company or the Parent Guarantor (and not solely with respect to a Significant Subsidiary of the Parent Guarantor (other than the Company)), then the principal amount of, and all accrued and unpaid interest on, all of the Notes then outstanding will immediately become due and payable without any further action or notice by any Person.
Appears in 1 contract
Sources: Indenture (Pagaya Technologies Ltd.)
Automatic Acceleration in Certain Circumstances. If an Event of Default set forth in Section 7.01(A)(x) or 7.01(A)(xi(A)(xi) occurs with respect to the Company or the Parent any Guarantor (and not solely with respect to a any Significant Subsidiary of the Parent Guarantor (other than the Company)Company or any Guarantor), then the principal amount of, and all accrued and unpaid interest on, any Acceleration Premium for, and other amounts due with respect to, all of the Notes then outstanding will immediately become due and payable without any further action or notice by any Person.
Appears in 1 contract
Sources: Indenture (Netskope Inc)
Automatic Acceleration in Certain Circumstances. If an Event of Default set forth in Section 7.01(A)(x), Section 7.01(A)(viii) or 7.01(A)(xi) occurs with respect to the Company or the Parent any Guarantor (and not solely with respect to a Significant Subsidiary of the Parent Guarantor (other than the Company)Company or any Guarantor), then the principal amount of, and all accrued and unpaid interest on, all of the Notes then outstanding will immediately become due and payable without any further action or notice by any Person.
Appears in 1 contract
Sources: Indenture (Vertical Aerospace Ltd.)