Declaration of Acceleration definition

Declaration of Acceleration means a declaration given in accordance with the provisions of the Indenture that all principal of and interest on the Bonds are due and payable immediately.
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Declaration of Acceleration means a declaration of acceleration with respect to all affected Series under Subsection 6.2(1) or the related Series Supplement.
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Declaration of Acceleration means, in relation to a Series, an automatic acceleration with respect to such Series under Section 6.2(a) or a declaration of acceleration with respect to such Series under Section 6.2(b) or the related Series Supplement.
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Examples of Declaration of Acceleration in a sentence

  • Upon any such Declaration of Acceleration the Default Amount shall be due and payable immediately.

  • If an Event of Default specified in clause (ix) or (x) of Section 6.01(a) occurs with respect to the Company or any of the Subsidiary Guarantors, the Default Amount shall ipso facto become and be immediately due and payable without any Declaration of Acceleration or other act on the part of the Trustee or any Securityholder.

  • Declaration of Acceleration; Rescission and Annulment.....39 SECTION 803.

  • If an Event of Default specified in clause (ix) or (x) of Section 6.01(a) occurs with respect to an Issuer or any of the Subsidiary Guarantors, the Default Amount shall IPSO FACTO become and be immediately due and payable without any Declaration of Acceleration or other act on the part of the Trustee or any Securityholder.

  • Declaration of Acceleration; Rescission and Annulment ........................

  • Declaration of Acceleration; Rescission and Annulment ....................

  • Declaration of Acceleration; Rescission and Annulment....37 SECTION 803.


More Definitions of Declaration of Acceleration

Declaration of Acceleration means the declaration by the Trustee that payment of the principal of and interest on all Outstanding Bonds is accelerated and is due and payable pursuant to the Indenture.
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Declaration of Acceleration has the meaning specified in Section 8.02.
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Related to Declaration of Acceleration

  • Acceleration as defined in Subsection 9.1(e).

  • Acceleration Event means the occurrence of an Event of Default (a) in respect of which Agent has declared all or any portion of the Obligations to be immediately due and payable pursuant to Section 10.2, (b) pursuant to Section 10.1(a), and in respect of which Agent has suspended or terminated the Revolving Loan Commitment pursuant to Section 10.2, and/or (c) pursuant to either Section 10.1(e) and/or Section 10.1(f).

  • Declaration Event of Default means an “Event of Default” as defined in the Declaration.

  • 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 Date on any Security means the date, if any, on and after which the principal or any or all installments of interest, or both, are due and payable on any Security which has become accelerated pursuant to the terms of the Security.