Common use of Acceleration of Liabilities Clause in Contracts

Acceleration of Liabilities. Upon the occurrence of an Event of Default, the Lender shall have the right without further notice to the Borrower to declare the entire unpaid balance of the Liabilities, with accrued interest thereon, immediately due and payable.

Acceleration of Liabilities. Upon the occurrence of an Event of Default, the Lender shall have the right without further notice to the Borrower to declare the entire unpaid balance of the Liabilities, Liabilities with accrued interest thereonthereof, immediately due and payable.