Common use of Accelerate Indebtedness Clause in Contracts

Accelerate Indebtedness. The Collateral Agent may declare the entire Indebtedness immediately due and payable, without notice.

Appears in 10 contracts

Sources: Security Agreement (Illinois Superconductor Corporation), Security Agreement (Isco International Inc), Security Agreement (Isco International Inc)

Accelerate Indebtedness. The Collateral Agent may declare the entire Indebtedness immediately due and payable, without noticenotice of any kind to any Credit Party.

Appears in 1 contract

Sources: Security Agreement (Westmoreland Coal Co)