Accelerated Payments. Upon the occurrence of an Event of Default and the acceleration of the Note, pursuant to and as permitted by Section 9.2, the Note and all other Obligations, shall be immediately due and payable as provided in Section 9.2 and in the Note.
Appears in 2 contracts
Samples: October 2004 Credit Agreement (Medicalcv Inc), February 2005 Credit Agreement (Medicalcv Inc)
Accelerated Payments. Upon the occurrence of an Event of Default and the acceleration of the Discretionary Note, pursuant to and as permitted by Section 9.210.2, the Discretionary Note and all other Obligations, shall be immediately due and payable as provided in Section 9.2 10.2 and in the Discretionary Note.
Appears in 2 contracts
Samples: Credit Agreement (Medicalcv Inc), Discretionary Credit Agreement (Medicalcv Inc)
Accelerated Payments. Upon the occurrence of an Event of Default and the acceleration of any one or more of the NoteNotes, pursuant to and as permitted by Section 9.210.2, all of the Note Notes and all other Obligations, shall be immediately due and payable as provided in Section 9.2 10.2 and in the NoteNotes.
Appears in 1 contract
Accelerated Payments. Upon the occurrence of an Event of Default and the acceleration of the Revolving Note, pursuant to and as permitted by Section 9.210.2, the Revolving Note and all other Obligations, shall be immediately due and payable as provided in Section 9.2 10.2 and in the Revolving Note.
Appears in 1 contract
Samples: Revolving Credit Agreement (August Technology Corp)
Accelerated Payments. Upon the occurrence of an Event of Default and the acceleration of the Note, pursuant to and as permitted by Section 9.210.2, the Note and all other Obligations, shall be immediately due and payable as provided in Section 9.2 10.2 and in the Note.
Appears in 1 contract
Samples: Credit Agreement (Access Integrated Technologies Inc)
Accelerated Payments. Upon the occurrence of an Event of Default and the acceleration of the any Note, pursuant to and as permitted by Section 9.210.2, the Note and all other Obligations, shall be immediately due and payable as provided in Section 9.2 10.2 and in the Note.
Appears in 1 contract
Accelerated Payments. Upon the occurrence of an Event of Default and the acceleration of the Discretionary Note, pursuant to and as permitted by Section 9.2, the Discretionary Note and all other Obligations, shall be immediately due and payable as provided in Section 9.2 and in the Discretionary Note. THE BORROWER ACKNOWLEDGES THAT THE LENDER MAY DEMAND PAYMENT OF THE DISCRETIONARY NOTE AT ANY TIME WHETHER OR NOT A DEFAULT OF EVENT OF DEFAULT HAS OCCURRED.
Appears in 1 contract
Samples: Credit Agreement (Medicalcv Inc)
