Common use of Acceleration of Securities Clause in Contracts

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.

Appears in 64 contracts

Samples: Indenture (PRGX Global, Inc.), Indenture (Penn National Gaming Inc), Kulicke and Soffa (Kulicke & Soffa Industries Inc)

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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 Indebtedness of the acceleration.

Appears in 28 contracts

Samples: Indenture (Citadel Broadcasting Corp), Indenture (Oci Holdings Inc), Citadel Broadcasting Corp

Acceleration of Securities. If payment of the Securities is accelerated because of an Event of Default, the Company shall promptly notify holders of the Senior Debt Indebtedness of the acceleration.

Appears in 13 contracts

Samples: Indenture (Carrols Corp), Indenture (America Bank Note Holographics Inc), Registration Rights Agreement (West Texas & Lubbock Railroad Co Inc)

Acceleration of Securities. If payment of the Securities is accelerated because of an Event of Default, the Company shall promptly notify holders of the Senior Debt of the acceleration.

Appears in 7 contracts

Samples: Note Agreement (Casual Male Retail Group Inc), Indenture (Euramax International PLC), Indenture (Pen Tab Industries Inc)

Acceleration of Securities. If payment of the Securities Note is accelerated because of an Event of Default, the Company shall promptly notify holders of Senior Debt of the acceleration.

Appears in 4 contracts

Samples: Eftc Corp/, Eftc Corp/, Eftc Corp/

Acceleration of Securities. If payment of the Securities Notes is accelerated because of an Event of Default, the Company and the Trustee shall promptly notify holders of Senior Debt of the acceleration.

Appears in 3 contracts

Samples: Indenture (Hexacomb CORP), Spectrum Brands, Inc., Indenture (Rayovac Corp)

Acceleration of Securities. If payment of the Securities of such series is accelerated because of an Event of Default, the Company shall promptly notify holders of Senior Debt of the acceleration.

Appears in 3 contracts

Samples: Indenture (West Virginia Management Services Organization, Inc.), Indenture (NCS of Illinois Inc), Ail Technologies Inc

Acceleration of Securities. If payment of the Securities is accelerated because of an Event of Default, the Company Issuer shall promptly notify holders of Senior Debt of the acceleration.

Appears in 3 contracts

Samples: Caprock Communications Corp, Cott Corp /Cn/, Mesa Inc

Acceleration of Securities. If payment of the Securities is accelerated because of an Event of Default, the Company shall promptly notify Representatives of the holders of Senior Debt of the Company of the acceleration.

Appears in 3 contracts

Samples: Indenture (Iron Mountain Inc/Pa), Execution Copy (Iron Mountain Inc/Pa), Province Healthcare Co

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 senior indebtedness of the acceleration.

Appears in 3 contracts

Samples: Indenture (Bell Microproducts Inc), Bell Microproducts Inc, Mgi Pharma Inc

Acceleration of Securities. If payment of the Securities is accelerated because of an Event of Default, the Company (or the Trustee at the direction of the Company) shall promptly notify the holders of Designated Senior Debt of the Company (or the representative of such Designated Senior Debt) of the acceleration.

Appears in 2 contracts

Samples: Indenture (Scientific Games Corp), Indenture (Scientific Games Corp)

Acceleration of Securities. If payment of the Securities Note is accelerated -------------------------- because of an Event of Default, the Company shall promptly notify holders of Senior Debt of the acceleration.

Appears in 1 contract

Samples: Note Purchase Agreement (Impac Group Inc /De/)

Acceleration of Securities. If payment of the Securities Notes is accelerated because of an Event of Default, the Company shall promptly notify the holders of Senior Debt of the acceleration.

Appears in 1 contract

Samples: Monitronics International Inc

Acceleration of Securities. If payment of the any series of Securities is accelerated because of an Event of Default, the Company and the Trustee shall promptly notify holders of Senior Debt Indebtedness of the acceleration.

Appears in 1 contract

Samples: Steelcase Inc

Acceleration of Securities. If payment of the Securities is accelerated because of an Event of DefaultDefault under Section 7.02, the Company shall promptly notify holders of Senior Debt Indebtedness of the acceleration.

Appears in 1 contract

Samples: Sina Corp

Acceleration of Securities. If payment of the Securities Note is accelerated because of an Event of Default, the Company shall promptly notify holders of Senior Debt of the acceleration.

Appears in 1 contract

Samples: Note Purchase Agreement (Impac Group Inc /De/)

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Acceleration of Securities. If payment of the Securities is accelerated because of an Event of Default, the Company shall will promptly notify holders of Senior Debt of the acceleration.

Appears in 1 contract

Samples: Bowne & Co Inc

Acceleration of Securities. If payment of the Securities is accelerated because of an Event of Default, the Company Corporation shall promptly notify holders of the Senior Debt Discount Notes of the acceleration.

Appears in 1 contract

Samples: Collateral Security Agreement (Ampex Corp /De/)

Acceleration of Securities. If payment of the Securities Notes is accelerated because of an Event of Default, the Company and the Trustee shall promptly notify the holders of Senior Debt of the Company of the acceleration.

Appears in 1 contract

Samples: First Supplemental Indenture (Cardtronics Inc)

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.

Appears in 1 contract

Samples: Just for Feet Specialty Stores Inc

Acceleration of Securities. If payment of the Securities Exchange Debentures is accelerated because of an Event of Default, the Company shall promptly notify holders of Senior Debt of the such acceleration.

Appears in 1 contract

Samples: Panamsat International Systems Inc

Acceleration of Securities. If payment of the Securities is accelerated because of an Event of Default, the Company shall promptly notify holders Holders of Senior Debt of the acceleration.

Appears in 1 contract

Samples: Execution Copy (Omnicare Inc)

Acceleration of Securities. If payment of the Securities is accelerated because of an Event of Default, the Company shall promptly notify holders of the Designated Senior Debt Indebtedness of the acceleration.

Appears in 1 contract

Samples: Indenture (Gentek Inc)

Acceleration of Securities. If payment of the Securities Notes is accelerated because of an Event of DefaultDefault or if an Event of Default on the Notes occurs, the Company shall promptly notify holders of Senior Debt of the acceleration.

Appears in 1 contract

Samples: Article Twelve Satisfaction And (American Seafoods Inc)

Acceleration of Securities. If payment of the Securities of any series is accelerated because of an Event of Default, the Company shall promptly notify holders of Designated Senior Debt (or their Representative) of the acceleration.

Appears in 1 contract

Samples: Subordinated Indenture (Nicewonder Contracting, Inc.)

Acceleration of Securities. If payment of the Securities is accelerated because of an Event of Default, the Company shall promptly notify holders of the Senior Debt Indebtedness of the acceleration.. ARTICLE NINE

Appears in 1 contract

Samples: Carson Products Co

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