Common use of Acceleration of Loans Clause in Contracts

Acceleration of Loans. If payment of the Lenders is accelerated because of an Event of Default, the Company will promptly notify the holders of Senior Debt of the acceleration.

Appears in 3 contracts

Samples: Credit Agreement (NeueHealth, Inc.), Credit Agreement (Bright Health Group Inc.), Credit Agreement (Bright Health Group Inc.)

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Acceleration of Loans. If payment of the Lenders Loans is accelerated because of an Event of Default, the Company will Borrower shall promptly notify the holders of Senior Debt of the acceleration.

Appears in 2 contracts

Samples: Senior Subordinated Loan Agreement (J Crew Group Inc), Credit Agreement (J Crew Group Inc)

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Acceleration of Loans. If payment of the Lenders Loans is accelerated because of an Event of Default, the Company Borrower will promptly notify the holders of Senior Debt of the acceleration.

Appears in 1 contract

Samples: Credit and Guaranty Agreement (Aeroflex Inc)

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