Common use of Acceleration of Maturity Clause in Contracts

Acceleration of Maturity. If an Event of Default shall have occurred and be continuing, then the entire Secured Obligations secured hereby shall, at the option of Agent and as permitted by the terms of the Credit Agreement, immediately become due and payable without notice or demand except as required by law, time being of the essence of this Instrument.

Appears in 16 contracts

Sources: Deed of Trust, Security Agreement, Assignment of Leases and Rents (Carter Validus Mission Critical REIT, Inc.), Act of Mortgage, Security Agreement and Assignment of Leases and Rents (Carter Validus Mission Critical REIT, Inc.), Secured Credit Agreement (Rouse Properties, Inc.)

Acceleration of Maturity. If an Event of Default shall have occurred and be continuing, then the entire Secured Obligations secured hereby shall, at the option of Agent Grantee and as permitted by the terms of the Credit Agreement, immediately become due and payable without notice or demand except as required by lawdemand, time being of the essence of this InstrumentSecurity Deed.

Appears in 2 contracts

Sources: Deed to Secure Debt and Security Agreement (Koger Equity Inc), Deed to Secure Debt and Security Agreement (Koger Equity Inc)

Acceleration of Maturity. If an Event of Default shall have occurred and be continuing, then the entire Secured Obligations Debt secured hereby shall, at the option of Agent and as permitted by the terms of the Credit AgreementLender, immediately become due and payable without notice or demand except as required by law, time being of the essence of this Instrument.

Appears in 2 contracts

Sources: Act of Mortgage, Act of Mortgage

Acceleration of Maturity. If an Event of Default shall have occurred and be continuing, then the entire Secured Obligations secured hereby shall, at the option of Agent and as permitted by the terms of the Credit Agreement, immediately become due and payable without notice or demand except as required by lawdemand, time being of the essence of this Instrument.

Appears in 2 contracts

Sources: Master Credit Agreement (JDN Realty Corp), Deed of Trust and Security Agreement (Koger Equity Inc)

Acceleration of Maturity. If an Event of Default shall have occurred and be continuing, then the entire Secured Obligations Debt secured hereby shall, at the option of Agent and as permitted by the terms of the Credit Agreement, immediately become due and payable without notice or demand except as required by law, time being of the essence of this Instrument.

Appears in 2 contracts

Sources: Credit Agreement (Jernigan Capital, Inc.), Credit Agreement (Jernigan Capital, Inc.)

Acceleration of Maturity. If an Event of Default shall have occurred and be continuing, then the entire Secured Obligations secured hereby shall, at the option of Agent Beneficiary and as permitted by the terms of the Credit Agreement, immediately become due and payable without notice or demand except as required by law, time being of the essence of this Instrument.

Appears in 1 contract

Sources: Deed of Trust, Security Agreement, Assignment of Leases and Rents, and Financing Statement (Carter Validus Mission Critical REIT, Inc.)

Acceleration of Maturity. If an Event of Default shall have occurred and be continuing, then the entire Secured Obligations secured hereby shall, at the option of Agent and as permitted by subject to the terms of the Credit Intercreditor Agreement, immediately become due and payable without notice or demand except as required by lawdemand, time being of the essence of this Instrument.

Appears in 1 contract

Sources: Credit Agreement (Guilford Mills Inc)

Acceleration of Maturity. If an Event of Default shall have occurred and be continuing, then the entire Secured Obligations secured hereby shall, at the option of Agent and as permitted by the terms of the Credit Loan Agreement, immediately become due and payable without notice or demand except as required by law, time being of the essence of this Instrument.

Appears in 1 contract

Sources: Deed of Trust, Assignment of Leases and Rents, Security Agreement and Fixture Filing (Republic Property Trust)

Acceleration of Maturity. If an Event of Default shall have occurred and be continuing, then the entire Secured Obligations secured hereby shall, at the option of the Collateral Agent and as permitted by the terms of the Credit Agreement, immediately become due and payable without notice or demand except as required by lawdemand, time being of the essence of this Instrument.

Appears in 1 contract

Sources: Credit Agreement (JDN Realty Corp)

Acceleration of Maturity. If an Event of Default shall have occurred and be continuing, then the entire Secured Obligations secured hereby shall, at the option of Agent and as permitted by the terms of the Credit Agreement, immediately become due and payable without notice or demand except as required by lawdemand, time being of the essence of this InstrumentMortgage.

Appears in 1 contract

Sources: Mortgage and Security Agreement (Koger Equity Inc)

Acceleration of Maturity. If an Event of Default shall have occurred and be continuing, then the entire Secured Obligations secured hereby shall, at the option of Agent and as permitted by the terms of the Credit Agreement, immediately become due and payable without notice or demand except as required by lawdemand, time being of the essence of this Instrument.

Appears in 1 contract

Sources: Term Loan Credit Agreement (JDN Realty Corp)

Acceleration of Maturity. If an Event of Default shall have occurred and be continuing, then the entire Secured Obligations secured hereby shall, at the option of Agent and as permitted by the terms of the Credit Agreement, shall immediately become due and payable without notice or demand except as required by lawdemand, time being of the essence of this Instrument.

Appears in 1 contract

Sources: Credit Agreement (Gerber Scientific Inc)