Common use of Acceleration of Obligations Clause in Contracts

Acceleration of Obligations. Upon the occurrence of any of the events identified in paragraph 10(a) through 10(e), and the passage of any applicable cure periods, the Seller may at any time thereafter, by written notice to the Borrower, declare the unpaid principal balance of any obligations, together with the interest accrued thereon and other amounts accrued hereunder, to be immediately due and payable; and the unpaid balance shall thereupon be due and payable, all without presentation, demand, protest or further notice of any kind, all of which are hereby waived, and notwithstanding anything to the contrary contained herein. Upon the occurrence of any event under paragraph 10(f), the unpaid principal balance of any obligations, together with all interest accrued thereon and other amounts accrued hereunder, shall thereupon be immediately due and payable, all without presentation, demand, protest or notice of any kind, all of which are hereby waived, and notwithstanding anything to the contrary contained herein.

Acceleration of Obligations. Upon the occurrence of any Event of the events identified in paragraph 10(aDefault: (a) through 10(eAs to any Event of Default (other than an Event of Default under section 4.1(c), ) and the passage of any applicable cure periods, the Seller may at any time thereafterthereafter during which such Event of Default is continuing, and in each case, the Lender may, by written notice to the BorrowerCompany, immediately declare the unpaid principal balance of any obligationsthe Note, together with the all interest accrued thereon and other amounts accrued hereunderthereon, to be immediately due and payable; and the unpaid principal balance of and accrued interest on such Note shall thereupon be due and payable, all payable without presentation, demand, protest or further notice of any kind, all of which are hereby waived, and notwithstanding anything to the contrary contained herein. Upon herein or in the occurrence Note contained; (b) As to any Event of any event Default under paragraph 10(fsection 4.1(c), the unpaid principal balance of any obligationsthe Note, together with all interest accrued thereon and other amounts accrued hereunderthereon, shall thereupon immediately and forthwith be immediately due and payable, all without presentationpresentment, demand, protest protest, or further notice of any kind, all of which are hereby waived, and notwithstanding anything to the contrary contained hereinherein or in the Note contained; and (c) As to each Event of Default, the Lender shall have all the remedies for default provided by applicable law.

Acceleration of Obligations. Upon the occurrence of any of the events identified in paragraph 10(a) through 10(eParagraph 7(a), and the passage of any applicable cure periods, the Seller Lender may at any time thereafter, by written notice to the Borrower, declare the unpaid principal balance of any obligationsloans, together with the interest accrued thereon and other amounts accrued hereunderthereon, to be immediately due and payable; and the unpaid balance shall thereupon be due and payable, all without presentation, demand, protest or further notice of any kind, all of which are hereby waived, and notwithstanding anything to the contrary contained herein. Upon the occurrence of any event under paragraph 10(fParagraph 7(b), the unpaid principal balance of any obligationsall loans made pursuant hereto, together with all interest accrued thereon and other amounts accrued hereunder, shall thereupon be immediately due and payable, all without presentation, demand, protest or notice of any kind, all of which are hereby waived, and notwithstanding anything to the contrary contained herein.

Acceleration of Obligations. Upon the occurrence of any of the events identified in paragraph 10(a) through 10(eSection 7.1 (other than Section 7.l(f)), and the passage of any applicable cure periods, the Seller Bank may at any time thereafter, by written notice to the BorrowerBorrowers, declare the unpaid principal balance of any obligationsObligations, together with the interest accrued thereon and other amounts accrued hereunderhereunder and under the other Loan Documents, to be immediately due and payable; and the unpaid balance shall will thereupon be due and payable, all without presentation, demand, protest or further notice of any kind, all of which are hereby waived, and notwithstanding anything to the contrary contained herein. Upon the occurrence of any event under paragraph 10(fSection 7.l(f), the unpaid principal balance of any obligationsObligations, together with all interest accrued thereon and other amounts accrued hereunderhereunder and under the other Loan Documents, shall will thereupon be immediately due and payable, all without presentation, demand, protest or notice of any kind, all of which are hereby waived, and notwithstanding anything to the contrary contained hereinherein or in any of the other Loan Documents. Nothing contained in this Article will limit Bank’s right to Setoff as provided in this Agreement or any set off rights otherwise available to Bank in law or by agreement.

Acceleration of Obligations. Upon the occurrence of any of the events identified in paragraph 10(aSections 4.1(a) through 10(e4.1(e) and 4.1(g), and the passage of any applicable cure periodsperiod, the Seller Bank may at any time thereafter, by written notice to the Borrower, declare the unpaid principal balance of any obligations, the Notes together with the interest accrued thereon and other amounts accrued hereunder, to be immediately due and payable; and the unpaid balance shall thereupon be due and payable, all without presentation, demand, protest or further notice of any kind, all of which are hereby waived, and notwithstanding anything to the contrary contained hereinherein or in any of the other Loan Documents. Upon the occurrence of any event under paragraph 10(fSection 4.1(f), then the unpaid principal balance of any obligationsunder the Notes, together with all interest accrued thereon and other amounts accrued hereunder, shall thereupon be immediately due and payable, all without presentation, demand, protest or notice of any kind, all of which are hereby waived, and notwithstanding anything to the contrary contained hereinherein or in any of the other Loan Documents.

Acceleration of Obligations. Upon the occurrence of any of the events identified in paragraph 10(a) through 10(e10(c), and the passage of any applicable cure periods, the Seller may at any time thereafter, by written notice to the Borrower, declare the unpaid principal balance of any obligations, together with the interest accrued thereon and other amounts accrued hereunder, to be immediately due and payable; and the unpaid balance shall thereupon be due and payable, all without presentation, demand, protest or further notice of any kind, all of which are hereby waived, and notwithstanding anything to the contrary contained herein. Upon the occurrence of any event under paragraph 10(f10(d), the unpaid principal balance of any obligations, together with all interest accrued thereon and other amounts accrued hereunder, shall thereupon be immediately due and payable, all without presentation, demand, protest or notice of any kind, all of which are hereby waived, and notwithstanding anything to the contrary contained herein.