Common use of Acceleration of Loans Clause in Contracts

Acceleration of Loans. Declare the unpaid principal of and any accrued interest in respect of all Loans and any and all other Borrower Obligations of any and every kind owing by the Borrower to the Administrative Agent or the Lenders under the Credit Documents to be due, whereupon the same shall be immediately due and payable without presentment, demand, protest or other notice of any kind, all of which are hereby waived by the Borrower and the Parent Guarantor.

Appears in 2 contracts

Samples: Term Loan Credit Agreement (PNM Resources Inc), Term Loan Credit Agreement (PNM Resources Inc)

AutoNDA by SimpleDocs

Acceleration of Loans. Declare the unpaid principal of and any accrued interest in respect of all Loans and any and all other Borrower Obligations of any and every kind owing by the Borrower to the Administrative Agent or the Lenders under the Credit Documents Notes to be due, due whereupon the same shall be immediately due and payable without presentment, demand, protest or other notice of any kind, all of which are hereby waived by the Borrower and the Parent Guarantor.Borrower;

Appears in 2 contracts

Samples: Loan Agreement (Genesco Inc), And Modified Loan Agreement (Genesco Inc)

Acceleration of Loans. Declare the unpaid principal of and any accrued interest in respect of all Loans Loans, and any and all other Borrower Obligations indebtedness or obligations of any and every kind owing by the Borrower to the Administrative Agent or any of the Lenders under the Credit Documents hereunder to be due, due whereupon the same shall be immediately due and payable without presentment, demand, protest or other notice of any kind, all of which are hereby waived by the Borrower and the Parent GuarantorBorrower.

Appears in 1 contract

Samples: Credit Agreement (Cornerstone Realty Income Trust Inc)

Acceleration of Loans. Declare the unpaid principal of --------------------- and any accrued interest in respect of all Loans the Notes and any and all other Borrower Obligations indebtedness or obligations of any and every kind owing by the Borrower to the Administrative Agent or the Lenders under the Credit Documents to be due, due whereupon the same shall be immediately due and payable without presentment, demand, protest or other notice of any kind, all of which are hereby waived by the Borrower and the Parent Guarantor.Borrower;

Appears in 1 contract

Samples: Loan Agreement (Itc Deltacom Inc)

Acceleration of Loans. Declare the unpaid principal of and any accrued interest in respect of all Loans and any and all other Borrower Obligations indebtedness or obligations of any and every kind owing by the Borrower Borrowers to the Administrative Agent or any of the Lenders under the Credit Documents hereunder to be due, due whereupon 110 the same shall be immediately due and payable without presentment, demand, protest or other notice of any kind, all of which are hereby waived by the Borrower and the Parent GuarantorBorrowers.

Appears in 1 contract

Samples: Credit Agreement (Nacco Industries Inc)

Acceleration of Loans. Declare the unpaid principal of and any accrued interest in respect of all Loans Loans, all amounts due under Section 3.04, and any and all other Borrower Obligations indebtedness or obligations of any and every kind owing by the Borrower to the Administrative Agent or any of the Lenders under the Credit Documents hereunder to be due, due whereupon the same shall be immediately due and payable without presentment, demand, protest or other notice of any kind, all of which are hereby waived by the Borrower and the Parent GuarantorBorrower.

Appears in 1 contract

Samples: Loan Agreement (PBF Holding Co LLC)

AutoNDA by SimpleDocs

Acceleration of Loans. Declare the unpaid principal of of, and any accrued interest in respect of of, all Loans Notes and any and all other Borrower Obligations indebtedness or obligations of any and every kind owing by the Borrower to the Administrative Agent or any of the Lenders under the Credit Documents hereunder or any other Transaction Document to be due, due whereupon the same shall be immediately due and payable without presentment, demand, protest or other notice of any kind, all of which are hereby waived by the Borrower and the Parent GuarantorBorrower.

Appears in 1 contract

Samples: Loan Agreement (Cronos Group)

Acceleration of Loans. Declare the unpaid principal of and any accrued interest in respect of all Loans and any and all other Borrower Obligations indebtedness or obligations of any and every kind owing by the Borrower to the Administrative Agent or any of the Lenders under the Credit Documents hereunder to be due, due whereupon the same shall be immediately due and payable without presentment, demand, protest or other notice of any kind, all of which are hereby waived by the Borrower and the Parent Guarantorany Borrower.

Appears in 1 contract

Samples: Credit Agreement (Carpenter Technology Corp)

Acceleration of Loans. Declare the unpaid principal of and any accrued interest in respect of all Loans and any and all other Borrower Obligations indebtedness or obligations of any and every kind owing by the Borrower to the Administrative Agent or the Lenders under the Credit Documents Lender hereunder to be due, due whereupon the same shall be immediately due and payable without presentment, demand, protest or other notice of any kind, all of which are hereby waived by the Borrower and the Parent GuarantorBorrower.

Appears in 1 contract

Samples: Credit Agreement (Spectra Energy Partners, LP)

Time is Money Join Law Insider Premium to draft better contracts faster.