Common use of Acceleration of Other Indebtedness Clause in Contracts

Acceleration of Other Indebtedness. Accelerate the maturity of any Indebtedness now or hereafter outstanding to any other bank, supplier, or other third party, or repay the same otherwise than in accordance with its regular amortization.

Appears in 6 contracts

Samples: Loan Agreement (Procaccianti Hotel Reit, Inc.), Loan Agreement (HappyNest REIT, Inc.), Construction Loan Agreement (Pangaea Logistics Solutions Ltd.)

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Acceleration of Other Indebtedness. Accelerate the maturity of any material Indebtedness now or hereafter outstanding to any other bank, supplier, or other third party, or repay the same otherwise than in accordance with its regular amortization.

Appears in 1 contract

Samples: Revolving Credit Agreement (Summer Infant, Inc.)

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