ACCELERATION CLAUSE. In case of any sale of the Collateral, or any part thereof, pursuant to any judgment or decree of any court or otherwise in connection with the enforcement of any of the terms of this Agreement, the outstanding principal due under any Schedule, if not previously due, the interest accrued thereon and all other sums required to be paid by Debtor pursuant to this Agreement shall at once become and be immediately due and payable.
ACCELERATION CLAUSE. If a member commits to a one year agreement and that member cancels payment prior to the end of that one year commitment, that ex-member is responsible for the unpaid balance due for the remainder of that one year commitment.
ACCELERATION CLAUSE. If any payment is missed, at the option of the Landlord, without notice, the entire balance shall be come due and payable immediately, and Landlord may pursue all available legal remedies in connection with this unpaid rent.
ACCELERATION CLAUSE. In case of any sale of the Collateral, or any part thereof, pursuant to any judgment or decree of any court or otherwise in connection with the enforcement of any of the terms of this Agreement, the outstanding principal due, the interest accrued thereon and all other sums required to be paid by Debtors pursuant to this Agreement shall at once become and be immediately due and payable.
ACCELERATION CLAUSE. Upon the occurrence of any Default (as defined pursuant to Section 9 hereof), all of the Indebtedness of Debtor, whether due or not, shall become immediately due and payable in accordance with the terms of the Notes and the other Loan Documents.
ACCELERATION CLAUSE. Art. 19 If the Borrower is late on payment of more than one installments in accordance with the Repayment schedule – Annex 2, any and all amount due under this contract automatically becomes chargeable and the Borrower has the right to request its payment from the Borrower and the Guarantor, including to initiate enforcement base on the promissory notes issued by the Borrower and the Guarantor under Art. 23.
ACCELERATION CLAUSE. This Note is issued in consideration of a loan made by Lenders to Borrower in connection with a certain Installment Contract for Sale of Commercial Real Estate dated November 20, 2015. It is hereby expressly understood and agreed that if default be made in the payments due under said Installment Contract, or if default be made in the payment of any of the said installments of principal or of interest pursuant to this Note, the principal sum above mentioned, or any balance that may appear to be unpaid thereon, together with all unpaid interest thereon, shall at the option of the legal holder of this note, become immediately due and payable, without notice, and shall be collectible immediately or at any time after such default, anything hereinbefore contained to the contrary notwithstanding.
ACCELERATION CLAUSE. In the event Lessee(s) should breach any of the terms of this Agreement, Lessor, in addition to the other rights contained herein, shall have the right to accelerate all remaining rents which shall come due hereunder until the expiration date hereon.
ACCELERATION CLAUSE. The following is applicable to each seller note and securing property of each deed of trust: The payment of the entire unpaid balance of principal may be accelerated by the holder at holder's option, except as expressly limited by law, if the maker or maker's successor without the holder's prior written consent does any of the following: (A) Fails to make any payments of interest or principal when due or defaults in any of the covenants and conditions contained in the notes or securing deeds of trust or any prior encumbrance, (B) Causes or permits or accepts any modification or extension of any prior encumbrance following recording of same, (C) Sells, conveys or alienates all or any part of the situs real property, (D) Suffers the title or any interest in the secured property to be divested, whether voluntarily or involuntarily, (E) Is a corporation with fewer than 100 stockholders at the date of execution of these notes and deeds of trust and more than 50% of its capital stock is sold, transferred or assigned during a 12-month period, excerpt that Llo-Gas, inc. may be merged into or acquired by Discovery Investments, Inc. (DCIV, OTC). Llo-Gas, inc., a Delaware Corp.
ACCELERATION CLAUSE. Tenant and Landlord agree that the Tenant is indebted to Landlord for the full period of the rental period, that is, for a total sum of $ , payable in monthly installments of $ . In the event that Tenant breaks the lease before the time specified in this lease agreement, or defaults in paying rent upon 3 day written notice, Landlord may demand the full balance of the total sum of yearly rent in one immediate payment.
