Limitation on. ACCELERATION For so long as any Loan Obligations are outstanding, the Permitted Subordinated Debt may not be declared to be due and payable before its stated maturity unless all Loan Obligations have become due and payable (whether automatically or by acceleration) before its stated maturity and such acceleration has not been rescinded.
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Sources: Credit Agreement (Cleco Power LLC), Term Loan Credit Agreement (Cleco Corporate Holdings LLC)
Limitation on. ACCELERATION For so long as any Loan Obligations are outstanding, the Permitted Subordinated Debt may not be declared to be due and payable before its its—stated maturity unless all Loan Obligations have become due and payable (whether Obligations—have—become—due—and—payable—(whether automatically or by acceleration) before its stated maturity and such acceleration has not been rescinded.
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