Common use of Acceleration, Etc Clause in Contracts

Acceleration, Etc. (a) Upon the occurrence of an Event of Default which is continuing the Agent shall, upon the instructions of the Required Lenders, issue a written notice to the Borrower (an "Acceleration Notice") declaring all of the Obligations to be immediately due and payable.

Appears in 7 contracts

Samples: Credit Agreement (Organigram Holdings Inc.), Credit Agreement (Organigram Holdings Inc.), And (Aurora Cannabis Inc)

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Acceleration, Etc. (a) Upon the occurrence of an Event of Default which is continuing the Agent shall, upon the instructions of the Required Lenders, issue a written notice to the Borrower (an "β€œAcceleration Notice"”) declaring all of the Obligations to be immediately due and payable.

Appears in 5 contracts

Samples: Credit Agreement (Village Farms International, Inc.), Assignment and Assumption (Village Farms International, Inc.), Credit Agreement

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Acceleration, Etc. (a) Upon the occurrence of an Event of Default which is continuing the Agent shall, upon the instructions of the Required Lenders, issue a written notice to the Borrower (an a "Acceleration Notice") declaring all of the Obligations to be immediately due and payable.

Appears in 2 contracts

Samples: Credit Agreement (Merus Labs International Inc.), Credit Agreement (Merus Labs International Inc.)

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