Acceleration of Securities Sample Clauses

Acceleration of Securities. If payment of the Securities is accelerated because of an Event of Default, the Company shall promptly notify holders of Senior Debt of the acceleration.
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Acceleration of Securities. If payment of the Securities is accelerated because of an Event of Default, the Company shall promptly notify holders of Senior Debt of the acceleration. The Company may pay the Securities when 120 days pass after the acceleration occurs if this Article permits the payment at that time.
Acceleration of Securities. If payment of the Notes is accelerated because of an Event of Default, the Company shall promptly notify holders of Senior Debt of the acceleration.
Acceleration of Securities. 71 SECTION 10.05. WHEN DISTRIBUTION MUST BE PAID OVER........................71 SECTION 10.06. NOTICE BY COMPANY..........................................72
Acceleration of Securities. In the event that any Securities are declared due and payable before their Stated Maturity pursuant to Section 6.2, then and in such event the Company shall promptly notify holders of Senior Indebtedness of such acceleration. The Company may not pay the Securities until 120 days have passed after such acceleration occurs and may thereafter pay the Securities if this Article XII permits the payment at that time. In the event that, notwithstanding the foregoing, the Company shall make any payment to the Trustee or the Holder of any Securities prohibited by the foregoing provisions of this Section 12.3, and if such facts then shall have been known or thereafter shall have been made known to the Trustee (as provided in Section 12.10) or to such Holder, as the case may be, pursuant to the terms of this Indenture, then and in such event such payment shall be paid over and delivered forthwith to the Company by or on behalf of the person holding such payment for the benefit of the holders of Senior Indebtedness. The provisions of this Section 12.3 shall not apply to any payment with respect to which Section 12.2 would be applicable.
Acceleration of Securities. If payment of the Notes is accelerated because of an Event of Default, the Issuers shall promptly notify holders of Senior Indebtedness of the acceleration.
Acceleration of Securities. If payment of the Securities is accelerated because of an Event of Default, the Issuers shall promptly notify holders of Senior Debt of the acceleration.
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Acceleration of Securities. 89 SECTION 10.6 WHEN DISTRIBUTION MUST BE PAID OVER......................... 89 SECTION 10.7
Acceleration of Securities. In the event that any Securities are declared due and payable before their Stated Maturity pursuant to Section 6.2, then and in each such event the Company and the Guarantor (if the Securities are Guaranteed Securities) shall promptly notify holders of Senior Indebtedness of such acceleration. The Company or the Guarantor, as the case may be, may not pay the Securities until 120 days have passed after such acceleration occurs and may thereafter pay the Securities if this Article XII permits the payment at that time. In the event that, notwithstanding the foregoing, the Company and the Guarantor (if the Securities are Guaranteed Securities) shall make any payment to the Trustee or the Holder of any Securities prohibited by the foregoing provisions of this Section 12.3, and if such facts then shall have been known or thereafter shall have been made known to the Trustee (as provided in Section 12.10) or to such Holder, as the case may be, pursuant to the terms of this Indenture, then and in each such event such payment shall be paid over and delivered forthwith to the Company or the Guarantor, as the case may be, for the benefit of the holders of Senior Indebtedness by or on behalf of the person holding such payment. The provisions of this Section 12.3 shall not apply to any payment with respect to which Section 12.2 would be applicable.
Acceleration of Securities. The Company shall promptly notify holders of its Senior Indebtedness and any agent or representative with respect to such Senior Indebtedness if payment of the Securities is accelerated because of an Event of Default.
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