Common use of Acceleration of Payment of Notes Clause in Contracts

Acceleration of Payment of Notes. If payment of the Notes is accelerated because of an Event of Default, the Company or the Trustee (at the expense and request of the Company) shall promptly notify the holders of the Designated Senior Indebtedness of the Company (or the Representative of such holders) of the acceleration. If any Designated Senior Indebtedness of the Company is outstanding, such acceleration will not be effective with respect to the Company until the time specified in Section 602, and the Company may not pay the Notes until five Business Days after such holders receive or the Representative of each Designated Senior Indebtedness of the Company receives notice of such acceleration and, thereafter, the Company may pay the Notes only if this Article XIV otherwise permits payment at that time.

Acceleration of Payment of Notes. If payment of the Notes is accelerated because of an Event of Default, the Company or the Trustee (at the expense and request of the Company) shall promptly notify the holders of the Designated Senior Indebtedness of the Company (or the Representative of such holders) of the acceleration. If any Designated Senior Indebtedness of the Company is outstanding, such acceleration will not be effective with respect to the Company until the time specified in Section 602, and the Company may not pay the Notes until five Business Days after such holders receive or the Representative of each Designated Senior Indebtedness of the Company receives receive notice of such acceleration and, thereafter, the Company may pay the Notes only if this Article XIV 14 otherwise permits payment at that time.

Acceleration of Payment of Notes. If payment of the Notes is accelerated because of an Event of Default, the Company or the Trustee (at the expense and request of the Company) shall promptly notify the holders of the Designated Senior Indebtedness of the Company either Issuer (or the Representative of such holders) of the acceleration. If any Designated Senior Indebtedness of the Company either Issuer is outstanding, such acceleration will not be effective with respect to the Company such Issuer until the time specified in Section 602, and the Company such Issuer may not pay the Notes until five Business Days after such holders receive or the Representative of each Designated Senior Indebtedness of the Company such Issuer receives notice of such acceleration and, thereafter, the Company such Issuer may pay the Notes only if this Article XIV otherwise permits payment at that time.

Acceleration of Payment of Notes. If payment of the -------------------------------- Notes is accelerated because of an Event of Default, the Company or the Trustee (at the expense and request of the Company) shall promptly notify the holders of the Designated Senior Indebtedness of the Company (or the Representative of such holders) holders of the acceleration. If any Designated Senior Indebtedness of the Company is outstanding, such acceleration will not be effective with respect to the Company until the time specified in Section 602, and the Company may not pay the Notes until five ----------- Business Days after such holders receive or the Representative of each Designated Senior Indebtedness of the Company receives receive notice of such acceleration and, thereafter, the Company may pay the Notes only if this Article XIV 14 otherwise permits payment at that time.payment. ---------- 118

Acceleration of Payment of Notes. If payment of the Notes this Note is accelerated because of an Event of Default, the Company or the Trustee (at the expense and request of the Company) shall promptly notify the holders of the Designated Senior Indebtedness of the Company (or the Representative of such holders) Designated Senior Indebtedness of the acceleration; provided that any failure to give such notice shall have no effect whatsoever on the provisions of this Article VI. If any Designated Senior Indebtedness of the Company is outstanding, such acceleration will not be effective with respect to the Company until the time specified in Section 602, and the Company may not pay the Notes this Note until five Business Days after the Representatives of all the issuers of such holders receive or the Representative of each Designated Senior Indebtedness of the Company receives receive notice of such acceleration and, thereafter, the Company may pay the Notes this Note only if this Article XIV Note otherwise permits payment at that time.