Acceleration of the Obligations definition

Acceleration of the Obligations has the meaning ascribed to it in Section 6.3.
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Examples of Acceleration of the Obligations in a sentence

  • Unless stayed by judicial or statutory process, a Liquidation shall be initiated by the Agent within a commercially reasonable time following Acceleration of the Obligations.

  • Keep the purpose of the evaluation in mind when selecting items to include.

  • EVENTS OF DEFAULT; RIGHTS AND REMEDIES ON DEFAULT 116 11.1 Events of Default 116 11.2 Acceleration of the Obligations 119 11.3 Other Remedies 119 11.4 Setoff and Sharing of Payments 120 11.5 Remedies Cumulative; No Waiver 121 11.6 Curative Equity 121 ARTICLE XII.

  • RIGHTS AND REMEDIES ON DEFAULT 45 8.1. Events of Default 45 8.2. Acceleration of the Obligations 46 8.3. Remedies 47 8.4. Remedies Cumulative; No Waiver 48 SECTION 9.

  • RIGHTS AND REMEDIES ON DEFAULT 49 11.1. Events of Default 49 11.2. Acceleration of the Obligations 51 11.3. Remedies 52 11.4. Remedies Cumulative; No Waiver 53 SECTION 12.

  • LOAN AND SECURITY AGREEMENT - Page 42 43 11.2. Acceleration of the Obligations.

Related to Acceleration of the Obligations

  • Obligation Acceleration means one or more Obligations in an aggregate amount of not less than the Default Requirement have become due and payable before they would otherwise have been due and payable as a result of, or on the basis of, the occurrence of a default, event of default or other similar condition or event (however described), other than a failure to make any required payment, in respect of a Reference Entity under one or more Obligations.

  • Credit Facility Obligations means all principal, interest, fees, expenses, indemnities, costs and other amounts owing to or incurred by the providers of Eligible Credit Facilities.

  • Acceleration Event of Default means an Event of Default under Section 5.1(a), (d), (e) or (f), whatever the reason for such Acceleration Event of Default and whether it shall be voluntary or involuntary or be effected by operation of law or pursuant to any judgment, decree or order of any court or any order, rule or regulation of any administrative or governmental body.

  • Acceleration as defined in Subsection 9.1(e).

  • cross-default obligation means a term of any agreement or arrangement whereby the Appointee's liability to pay or repay any debt or other sum arises or is increased or accelerated by reason of a default of any person other than the Appointee.