Examples of Declaration of Acceleration in a sentence
Upon any Declaration of Acceleration of the Bonds hereunder, the Trustee shall give notice of such declaration by mail to the respective Owners of the Bonds at their addresses appearing on the Bond Register.
Application of Money Held in Funds Upon Event of Default or Declaration of Acceleration.
Immediately upon giving a Declaration of Acceleration pursuant to the Indenture, the Trustee shall transfer all funds in the accounts of the Project Fund to the Principal and Interest Account.
An important part of ICMA's existing CACs for the Terms and Conditions of Sovereign Notes as set out in the ICMA Primary Market Handbook are the provisions relating to a Declaration of Acceleration and a Withdrawal of Declaration of Acceleration.
Upon giving a Declaration of Acceleration, the Trustee shall transfer all funds in the Costs of Issuance Fund to a special Account in the Bond Fund as provided in Section 406(B) hereof.
After any Declaration of Acceleration and if the Indenture Trustee has given the notice referred to in this Section 4.1(2), the Indenture Trustee shall comply with the requirements applicable to the Custodian in clause (a) of the immediately preceding sentence and shall possess all such title documents and other evidence of ownership.
Chairman Report.a) No meeting had occurred since the last meeting.
However, the Supreme Court of Canada ruled in R.v. Butler, [1992] 1 S.C.R. 452 at 498 per Sopinka J., that "morality" alone can no longer be a basis for criminal prohibition.[109] Current textbooks on the nature of crime also identify the requisite of harm to others.
A second Declaration of Acceleration and Notice of Default was transmitted on February 20, 2008.
Subject to Section 8.1(6), upon the Indenture Trustee making any such SF Declaration of Acceleration and subject to the terms of the Omnibus Agreement and the Master Security Agreement and in accordance with the provisions thereof, the Collateral Agent shall pay all outstanding principal, interest and other amounts owing hereunder and under the Class SF Notes then outstanding in accordance with the order of priorities set forth in the Omnibus Agreement.