Common use of Notice of Acceleration or Rescission Clause in Contracts

Notice of Acceleration or Rescission. Whenever any Note shall be declared immediately due and payable pursuant to paragraph 7A or any such declaration shall be rescinded and annulled pursuant to paragraph 7B, the Company shall forthwith give written notice thereof to the holder of each Note at the time outstanding.

Appears in 47 contracts

Sources: Note Agreement (Gorman Rupp Co), Fourth Amendment to Third Amended and Restated Note Purchase and Private Shelf Agreement (Matson, Inc.), Note Purchase Agreement (Franklin Electric Co Inc)

Notice of Acceleration or Rescission. Whenever any Note shall be declared immediately due and payable pursuant to paragraph 7A or any such declaration shall be rescinded and annulled pursuant to paragraph 7B, the Company shall forthwith give written notice thereof to the holder of each Note of each Series at the time outstanding.

Appears in 34 contracts

Sources: Note Purchase and Private Shelf Agreement (Tractor Supply Co /De/), Note Purchase and Private Shelf Agreement (Centerspace), Note Purchase and Private Shelf Agreement (Old Dominion Freight Line, Inc.)

Notice of Acceleration or Rescission. Whenever any Note shall be declared immediately due and payable pursuant to paragraph 7A Section 12.1 or any such declaration shall be rescinded and annulled pursuant to paragraph 7BSection 12.3, the Company shall forthwith give written notice thereof to the holder of each Note at the time outstanding.

Appears in 7 contracts

Sources: Senior Secured Note Purchase Agreement (Encore Capital Group Inc), Senior Secured Note Purchase Agreement (Encore Capital Group Inc), Senior Secured Note Purchase Agreement (Encore Capital Group Inc)

Notice of Acceleration or Rescission. Whenever any Note shall be declared immediately due and payable pursuant to paragraph 7A 8A or any such declaration shall be rescinded and annulled pursuant to paragraph 7B8B, the Company shall forthwith give written notice thereof to the holder of each Note at the time outstanding.

Appears in 6 contracts

Sources: Securities Purchase Agreement (ZaZa Energy Corp), Note Agreement (Lee Enterprises, Inc), Subordinated Note and Warrant Purchase Agreement (Boots & Coots International Well Control Inc)

Notice of Acceleration or Rescission. Whenever any Note or Notes shall be declared immediately due and payable pursuant to paragraph 7A or any such declaration shall be rescinded and annulled pursuant to paragraph 7B, the Company shall forthwith give written notice thereof to the holder of each Note at the time outstanding.

Appears in 5 contracts

Sources: Note Purchase Agreement (Alexander & Baldwin, Inc.), Note Purchase and Private Shelf Agreement (Alexander & Baldwin, Inc.), Note Purchase and Private Shelf Agreement (Alexander & Baldwin, Inc.)

Notice of Acceleration or Rescission. Whenever any Note shall be declared immediately due and payable pursuant to paragraph 7A or any such declaration shall be rescinded and annulled pursuant to paragraph 7B, the Company Issuers shall forthwith give written notice thereof to the holder of each Note at the time outstanding.

Appears in 4 contracts

Sources: Note Purchase Agreement (Aaron's Inc), Note Purchase Agreement (Aaron's Inc), Note Purchase Agreement (Aaron's Inc)

Notice of Acceleration or Rescission. Whenever any Note shall be declared immediately due and payable pursuant to paragraph 7A Section 12.1 or any such declaration shall be rescinded and or annulled pursuant to paragraph 7BSection 12.3, the Company Obligors shall forthwith give written notice thereof to the holder holders of each Note at the time outstanding.

Appears in 4 contracts

Sources: Note Purchase Agreement (Smucker J M Co), Note Purchase Agreement (Smucker J M Co), Note Purchase Agreement (Smucker J M Co)

Notice of Acceleration or Rescission. Whenever any Note shall be declared immediately due and payable pursuant to paragraph 7A or any such declaration shall be rescinded and annulled pursuant to paragraph 7B, the Company Obligors shall forthwith give written notice thereof to the holder of each Note at the time outstanding.

Appears in 3 contracts

Sources: Note Purchase Agreement (Aaron's Inc), Note Purchase Agreement (Aaron's Inc), Note Purchase Agreement (Aaron Rents Inc)

Notice of Acceleration or Rescission. Whenever any Note shall be declared immediately due and payable pursuant to paragraph Section 7A or any such declaration shall be rescinded and annulled pursuant to paragraph Section 7B, the Company shall forthwith give written notice thereof to the holder of each Note at the time outstanding.

Appears in 3 contracts

Sources: Note Purchase Agreement (Heritage Propane Partners L P), Note Purchase Agreement (Heritage Propane Partners L P), Note Purchase Agreement (Heritage Propane Partners L P)

Notice of Acceleration or Rescission. Whenever any Note shall be declared immediately due and payable pursuant to paragraph 7A or any such declaration shall be rescinded and annulled pursuant to paragraph 7B, the Company shall forthwith give written notice thereof to the holder of each Note Holder at the time outstanding.

Appears in 3 contracts

Sources: Senior Secured Notes (Crosstex Energy Lp), Senior Secured Notes Master Shelf Agreement (Crosstex Energy Lp), Note Purchase Agreement (Crosstex Energy Lp)

Notice of Acceleration or Rescission. Whenever any Note shall be declared immediately due and payable pursuant to paragraph 7A hereof, or any such declaration shall be rescinded and annulled pursuant to paragraph 7B7B hereof, the Company shall forthwith give written notice thereof to the holder of each Note at the time outstanding.

Appears in 2 contracts

Sources: Master Note Purchase Agreement (Nordson Corp), Master Note Purchase Agreement (Nordson Corp)

Notice of Acceleration or Rescission. Whenever any Note shall be declared immediately due and payable pursuant to paragraph 7A or any such declaration shall be rescinded and annulled pursuant to paragraph 7B, the Company Issuer shall forthwith give written notice thereof to the holder of each Note of each Series at the time outstanding.

Appears in 2 contracts

Sources: Note Purchase and Private Shelf Agreement (Lci Industries), Note Purchase and Private Shelf Agreement (DREW INDUSTRIES Inc)

Notice of Acceleration or Rescission. Whenever any Note shall be declared immediately due and payable pursuant to paragraph 7A or any such declaration shall be rescinded and annulled pursuant to paragraph 7B, the Company Issuers shall forthwith give written notice thereof to the holder of each Note of each Series at the time outstanding.

Appears in 2 contracts

Sources: Private Shelf Agreement (Winmark Corp), Note Purchase and Private Shelf Agreement (Nordson Corp)

Notice of Acceleration or Rescission. Whenever any Note shall be declared immediately due and payable pursuant to paragraph 7A Section 12.1 or any such declaration shall be rescinded and annulled pursuant to paragraph 7BSection 12.3, the Company shall forthwith give written notice thereof to the holder of each Note of each Series at the time outstanding.

Appears in 2 contracts

Sources: Multi Currency Note Purchase and Private Shelf Agreement (West Pharmaceutical Services Inc), Private Shelf Agreement (Aecom Merger Corp)

Notice of Acceleration or Rescission. Whenever any Note shall be declared immediately due and payable pursuant to paragraph 7A Section 8.1 or any such declaration shall be rescinded and annulled pursuant to paragraph 7BSection 8.2, the Company shall forthwith give written notice thereof to the holder of each Note at the time outstanding.

Appears in 2 contracts

Sources: Subordinated Note Restructuring Agreement (Prudential Insurance Co of America), Subordinated Note Restructuring Agreement (Boots & Coots International Well Control Inc)

Notice of Acceleration or Rescission. Whenever any Note shall be declared immediately due and payable pursuant to paragraph 7A 8A or any such declaration shall be rescinded and annulled pursuant to paragraph 7B8B, the Company shall forthwith give written notice thereof to the holder of each Note of each Series at the time outstanding.

Appears in 1 contract

Sources: Multi Currency Note Purchase and Private Shelf Agreement (Kadant Inc)

Notice of Acceleration or Rescission. Whenever any Note shall be declared immediately due and payable pursuant to paragraph 7A hereof or any such declaration shall be rescinded and annulled pursuant to paragraph 7B7B hereof, the Company shall forthwith give written notice thereof to the holder of each Note at the time outstanding.

Appears in 1 contract

Sources: Note Agreement (Rohr Inc)

Notice of Acceleration or Rescission. Whenever any Note shall be declared immediately due and payable pursuant to paragraph Paragraph 7A or any such declaration shall be rescinded and annulled pursuant to paragraph Paragraph 7B, the Company shall forthwith promptly give written notice thereof to the holder of each Note at the time outstandingHolder after obtaining knowledge thereof.

Appears in 1 contract

Sources: Note Purchase Agreement (OTG EXP, Inc.)

Notice of Acceleration or Rescission. Whenever any Note shall be declared immediately due and payable pursuant to paragraph 7A or any such declaration shall be rescinded and annulled pursuant to paragraph 7B, the Company Companies shall forthwith give written notice thereof to the holder of each Note at the time outstanding.

Appears in 1 contract

Sources: Private Shelf Agreement (Alexander & Baldwin Inc)

Notice of Acceleration or Rescission. Whenever any Shelf Note shall be declared immediately due and payable pursuant to paragraph 7A or any such declaration shall be rescinded and annulled pursuant to paragraph 7B, the Company shall forthwith give written notice thereof to the holder of each Shelf Note of each Series at the time outstanding.

Appears in 1 contract

Sources: Private Shelf Agreement (Tennant Co)

Notice of Acceleration or Rescission. Whenever any Note shall be declared immediately due and payable pursuant to paragraph Paragraph 7A or any such declaration shall be rescinded and annulled pursuant to paragraph Paragraph 7B, the Company shall forthwith give written notice thereof to the holder of each Note at the time outstanding.

Appears in 1 contract

Sources: Note Agreement (Albany International Corp /De/)

Notice of Acceleration or Rescission. Whenever any Note shall be declared immediately due and payable pursuant to paragraph 7A or any such declaration shall be rescinded and annulled pursuant to paragraph 7B, the Company shall forthwith give written notice thereof to the holder of each Note at the time outstandingoutstanding other than any such holder as shall have participated in such acceleration or rescission, as the case may be.

Appears in 1 contract

Sources: Master Shelf and Revolving Credit Agreement (NRG Energy Inc)

Notice of Acceleration or Rescission. Whenever any Note shall be is declared immediately due and payable pursuant to paragraph 7A 7B, or any whenever such a declaration shall be is rescinded and annulled pursuant to paragraph 7B7C, the Company shall forthwith will promptly give written notice thereof to the holder of each Note of each Series at the time outstanding.

Appears in 1 contract

Sources: Master Shelf Agreement (Verisk Analytics, Inc.)

Notice of Acceleration or Rescission. Whenever any Note shall be declared immediately due and payable pursuant to paragraph 7A 8A or any such declaration shall be rescinded and annulled pursuant to paragraph 7B8B, the Company Obligors shall forthwith give written notice thereof to the holder of each Note at the time outstanding.

Appears in 1 contract

Sources: Note Agreement (Lee Enterprises, Inc)

Notice of Acceleration or Rescission. Whenever any Note shall be declared immediately due and payable pursuant to paragraph 7A Section 12.1 hereof or any such declaration shall be rescinded and or annulled pursuant to paragraph 7BSection 12.3 hereof, the Company shall forthwith give written notice thereof to the holder holders of each Note at the time outstanding.

Appears in 1 contract

Sources: Note Purchase Agreement (PERRIGO Co PLC)

Notice of Acceleration or Rescission. Whenever any Note shall be declared immediately due and payable pursuant to paragraph 7A Section 13.1 or any such declaration shall be rescinded and or annulled pursuant to paragraph 7BSection 13.3, the Company shall forthwith give written notice thereof to the holder holders of each Note at the time outstanding.

Appears in 1 contract

Sources: Senior Subordinated Note Purchase Agreement (International Textile Group Inc)

Notice of Acceleration or Rescission. Whenever any Note shall be declared immediately due and payable pursuant to paragraph 7A or any such declaration shall be rescinded and annulled pursuant to paragraph 7B, the Company shall forthwith give written notice thereof to New York Life and the holder of each Note at the time outstanding.

Appears in 1 contract

Sources: Master Note Agreement (Graco Inc)

Notice of Acceleration or Rescission. Whenever any Note shall be declared immediately due and payable pursuant to clause (ii) or (iii) of paragraph 7A 7B, or any such declaration shall be rescinded and a-id annulled pursuant to paragraph 7B7C, the Company shall forthwith give written notice thereof to the holder of each Note other Holder at the time outstanding, provided, the failure to give such notice shall not affect the validity of any such declaration, recision or annulment.

Appears in 1 contract

Sources: Note Purchase Agreement (Smithfield Foods Inc)

Notice of Acceleration or Rescission. Whenever any Note shall be declared immediately due and payable pursuant to paragraph 7A 9A or any such declaration shall be rescinded and annulled pursuant to paragraph 7B9B, the Company shall forthwith give written notice thereof to the holder of each Note at the time outstanding.

Appears in 1 contract

Sources: Note and Warrant Purchase Agreement (U S Aggregates Inc)

Notice of Acceleration or Rescission. Whenever any Note shall be declared immediately due and payable pursuant to paragraph 7A 6A of the applicable Note or any such declaration shall be rescinded and annulled pursuant to paragraph 7B6B of the applicable Note, the Company shall forthwith give written notice thereof to the holder of each Note at the time outstandingHolder.

Appears in 1 contract

Sources: Convertible Note Agreement (ONCOSEC MEDICAL Inc)

Notice of Acceleration or Rescission. Whenever any Note shall be declared immediately due and payable pursuant to paragraph 7A or any such declaration shall be rescinded and annulled pursuant to paragraph 7B, the Company shall forthwith give written notice thereof to the holder of each Note at the time outstanding.. ​

Appears in 1 contract

Sources: Fourth Amendment to Note Purchase Agreement (Matson, Inc.)

Notice of Acceleration or Rescission. Whenever any Note shall be declared immediately due and payable pursuant to paragraph 7A or any such declaration shall be rescinded and annulled pursuant to paragraph 7B, the Company and IT shall forthwith give written notice thereof to the holder of each Note at the time outstanding.

Appears in 1 contract

Sources: Note Agreement (Source Media Inc)

Notice of Acceleration or Rescission. Whenever any Note shall be declared immediately due and payable pursuant to paragraph 7A or any such declaration shall be rescinded and annulled pursuant to paragraph 7B7A, the Company shall forthwith give written notice thereof to the holder of each Note of each Series at the time outstanding.

Appears in 1 contract

Sources: Note Purchase and Private Shelf Agreement (Ace Hardware Corp)