Common use of Acceleration of Indebtedness Clause in Contracts

Acceleration of Indebtedness. Any event which results in the acceleration of the maturity of the indebtedness of Debtor to others under any indenture, agreement or undertaking other than the Obligations; or

Appears in 3 contracts

Samples: Security Agreement, Personal Property Security Agreement, Personal Property Security Agreement

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Acceleration of Indebtedness. Any event shall arise which results in the acceleration of the maturity of the any substantial indebtedness of Debtor to others under any indenture, note, agreement or other form of undertaking other than the Obligations; or(for this purpose indebtedness shall be deemed substantial if it exceeds Ten Thousand Dollars ($10,000.00));

Appears in 1 contract

Samples: Loan and Security Agreement (Skyline Corp)

Acceleration of Indebtedness. Any event shall arise which results in the acceleration of the maturity of the indebtedness of Debtor Borrower to others under any indenture, note, agreement or undertaking other than the Obligationsform of undertaking; or

Appears in 1 contract

Samples: Loan and Security Agreement (Pioneer Power Solutions, Inc.)

Acceleration of Indebtedness. Any event shall arise which results in the acceleration of the maturity of the indebtedness in excess of Debtor $50,000 for all such accelerated debt of Borrower to others under any indenture, note, agreement or undertaking other than the Obligations; orform of undertaking;

Appears in 1 contract

Samples: Loan and Security Agreement (Geographics Inc)

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Acceleration of Indebtedness. Any event shall arise which results in the acceleration of the maturity of the any substantial indebtedness of Debtor to others under any indenture, note, agreement or other form of undertaking other than the Obligations; or(for this purpose indebtedness shall be deemed substantial if it exceeds Twenty Five Thousand Dollars ($25,000.00));

Appears in 1 contract

Samples: Loan and Security Agreement (Chromcraft Revington Inc)

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