Acceleration Notice. Borrower agrees that it shall, within ten (10) days after receipt of written notice that any Indebtedness aggregating $5,000,000 or more of the Borrower, the Guarantor, any Qualified Borrower or any Subsidiary or Investment Affiliate has been accelerated, provide written notice to the Agent of such acceleration.
Acceleration Notice. Borrower agrees that it shall, within ten (10) days after receipt of written notice that any Indebtedness of Borrower or any Loan Party has been accelerated, provide written notice to Agent of such acceleration.
Acceleration Notice. Borrower agrees that it shall, within ten (10) days after receipt of written notice that any Indebtedness aggregating $5,000,000 or more of Borrower or any Subsidiary or Qualifying Investment Affiliate has been accelerated, provide written notice to the Administrative Agent of such acceleration.
Acceleration Notice. If for any reason VHDA accelerates the VHDA Senior Loan, then no later than three (3) business days after delivery of such acceleration notice to Borrower, VHDA will also deliver a copy of such acceleration notice to the County Board by registered or certified mail, postage prepaid, return receipt requested. No notice of acceleration from VHDA to Borrower shall be effective unless such notice to the County Board shall be given by VHDA in accordance herewith.
Acceleration Notice. Time is of the essence with respect to the Grantor's obligations hereunder. Upon the occurrence of any Event of Default, at the Beneficiary's option and in addition to any other remedy the Beneficiary may have under the Loan Agreement, the Note, and the other Loan Documents, the Beneficiary may, at its option, declare all sums secured by this Deed of Trust immediately due and payable (except in the case of an Event of Default under clause 23(a) above where no such exercise of an option shall be necessary to the extent the effect of an "Event of Default" thereunder is automatic under the terms of the Loan Agreement itself) and elect to have the Trust Property sold in the manner provided herein. In the event the Beneficiary elects to sell the Trust Property, the Beneficiary may execute or cause the Trustee to execute a written notice of default and of election to cause the Trust Property to be sold to satisfy the obligations hereof, and the Trustee shall file such notice for record in the office of the County Recorder of the county wherein the Trust Property is located. Beneficiary shall also deposit with the Trustee the Note and all documents evidencing expenditures secured by this Deed of Trust.
Acceleration Notice. In the event that:
Acceleration Notice. Borrower and the REIT agree that they shall, within ten (10) days after receipt of written notice that any Indebtedness of Borrower or the REIT hereof has been accelerated, provide written notice to Lender of such acceleration.
Acceleration Notice. Time is of the essence with respect to the Grantor’s obligations hereunder. Upon the occurrence of any Event of Default, at the Beneficiary’s option and in addition to any other remedy the Beneficiary may have under the Loan Agreement, the Guaranty, and the other Loan Documents, the Beneficiary may, at its option, declare all sums secured by this Deed of Trust immediately due and payable (except in the case of an Event of Default under clause 22(a) above where no such exercise of an option shall be necessary to the extent the effect of an “Event of Default” thereunder is automatic under the terms of the Loan Agreement itself) and elect to have the Trust Property sold in the manner provided herein.
Acceleration Notice. Upon any acceleration of the Lease Obligations, a written notice of acceleration (the "Acceleration Notice") shall be given by the Landlord to Physician within fifteen (15) Business Days (a Business Day for the purposes of this Agreement being a day that satisfies the definition of Business Day in the applicable Lease) of such acceleration. Under certain circumstances specified in such Lease, the Landlord may be entitled to send out Default Notices and Acceleration Notices simultaneously, and the Physician hereby acknowledges this right.
Acceleration Notice. (a) Prior to a Mandatory Acceleration Date, a Bankruptcy Event Date, Sale of Assets Date or the Final Settlement Date, the Company shall have the right at any time or from time to time to accelerate, in whole or in part, the outstanding Securities (a "COMPANY ACCELERATION") (subject to the notice provisions set forth in this Section). The Company may not exercise its right to accelerate the Securities unless the Current Market Price determined as of the second Business Day immediately preceding the Notice Date is equal to or exceeds the Company Acceleration Price applicable to such Notice Date. Upon the effective date of such acceleration ( a "COMPANY ACCELERATION DATE"), the Agent shall sell, pursuant to Section 4.02(d), at the direction of the Company subject to receipt thereof, the Treasury Notes underlying the Securities accelerated unless the Holder has paid the Stated Amount in cash in accordance with an election made pursuant to Section 402. The Company shall then deliver to the Agent for the benefit of the Holders thereof in exchange for each such Security accelerated, (i) a number of fully paid and non-assessable shares of Common Stock determined by dividing the Company Acceleration Price in effect on the Company Acceleration Date by the Current Market Price of the Common Stock determined as of the second Business Day immediately preceding the Notice Date applicable to such Company Acceleration Date and (ii) an amount in cash equal to all accrued and unpaid Contract Fees and Deferred Contract Fees, if any, on such Security to and including such Company Acceleration Date (and Contract Fees and Deferred Contract Fees, if any, shall cease to accrue on each Security accelerated as of such date). Accrued interest on the Treasury Notes (and premium in respect of the sale of Treasury Notes) shall be paid to Holders as provided in Section 4.02(d).
