Common use of Acceleration Notice Clause in Contracts

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.

Appears in 3 contracts

Samples: Assignment Agreement (RFS Hotel Investors Inc), Assignment Agreement (RFS Hotel Investors Inc), Assignment Agreement (RFS Hotel Investors Inc)

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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 Subsidiary, Qualifying Investment Affiliate or Special Qualifying Investment Affiliate has been accelerated, provide written notice to the Administrative Agent of such acceleration.

Appears in 2 contracts

Samples: Unsecured Revolving Credit Agreement (Centerpoint Properties Trust), Revolving Credit Agreement (Centerpoint Properties Trust)

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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 any Guarantor, any Qualified Borrower or any Subsidiary or Investment Affiliate has been accelerated, provide written notice to the Agent of such acceleration.

Appears in 1 contract

Samples: Revolving Credit Agreement (RFS Hotel Investors Inc)

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