Common use of Acceleration of the Bonds Clause in Contracts

Acceleration of the Bonds. (a) Upon the occurrence of an Event of Default which is continuing the Agent is entitled to, on behalf of the Bondholders (i) by notice to the Issuer, declare all, but not only some, of the outstanding Bonds due and payable together with any other amounts payable under the Finance Documents, immediately or at such later date as the Agent determines (but such date may not fall after the Final Maturity Date), and (ii) exercise any or all of its rights, remedies, powers and discretions under the Finance Documents.

Appears in 1 contract

Samples: Amendment and Restatement Agreement

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Acceleration of the Bonds. (a) Upon the occurrence of an Event of Default which is continuing continuing, the Agent is entitled to, and shall, following an instruction given pursuant to Clause 13.10(d), on behalf of the Bondholders (i) by notice to the Issuer, declare all, but not only somesome only, of the outstanding Bonds due and payable together with any other amounts payable under the Finance Documents, immediately or at such later date as the Agent determines (but such date may not fall after the Final Maturity Date)determines, and (ii) exercise any or all of its rights, remedies, powers and discretions under the Finance Documents.

Appears in 1 contract

Samples: Amendment and Restatement Agreement

Acceleration of the Bonds. (a) Upon the occurrence of an Event of Default which is continuing continuing, the Agent is entitled to, and shall following an instruction given pursuant to Clause 14.9(d), on behalf of the Bondholders (i) by notice to the Issuer, declare all, but not only somesome only, of the outstanding Bonds due and payable together with any other amounts payable under the Finance Documents, immediately or at such later date as the Agent determines (but such date may not fall after the Final Maturity Date)determines, and (ii) exercise any or all of its rights, remedies, powers and discretions under the Finance Documents.

Appears in 1 contract

Samples: Amendment and Restatement Agreement

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Acceleration of the Bonds. (a) Upon the occurrence of an Event of Default which is continuing continuing, the Agent is entitled to, and shall following an instruction given pursuant to Clause 14.13(d), on behalf of the Bondholders (i) by notice to the Issuer, declare all, but not only somesome only, of the outstanding Bonds due and payable together with any other amounts payable under the Finance Documents, immediately or at such later date as the Agent determines (but such date may not fall after the Final Maturity Date)determines, and (ii) exercise any or all of its rights, remedies, powers and discretions under the Finance Documents.

Appears in 1 contract

Samples: www.valerum.se

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