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 of Borrower or any Loan Party has been accelerated, provide written notice to Agent of such acceleration.

Appears in 2 contracts

Samples: Credit Agreement (Interstate Hotels Corp), Credit Agreement (Sun Communities Inc)

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Acceleration Notice. The Borrower agrees that it shallwill, within ten (10) days after receipt of written notice that any Indebtedness of Borrower the Borrower, the REIT or any Loan Party Consolidated Entity has been accelerated, provide written notice to the Agent of such acceleration.

Appears in 1 contract

Samples: Credit Agreement (Sun Communities Inc)

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 in a principal amount not to exceed $1,000,000.00 has been accelerated, provide written notice to Agent of such acceleration.

Appears in 1 contract

Samples: Sl Green Realty Corp

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 in a principal amount in excess of $1,000,000.00 has been accelerated, provide written notice to Agent of such acceleration.

Appears in 1 contract

Samples: Management Agreement (Sl Green Realty Corp)

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Acceleration Notice. The Borrower agrees that it shallwill, within ten (10) days after receipt of written notice that the debt secured by any Indebtedness of Borrower or any Loan Party Subordinate Mortgage has been accelerated, provide written notice to the Agent of such acceleration.

Appears in 1 contract

Samples: Term Loan Agreement (Sun Communities Inc)

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