Common use of Acceleration of the Obligations Clause in Contracts

Acceleration of the Obligations. Upon or at any time after the occurrence and during the continuance of an Event of Default, (i) the Agent may (with the consent of the Majority Lenders) and shall at the direction of the Majority Lenders terminate the Revolving Loan Commitments and/or (ii) the Agent may (with the consent of the Majority Lenders) and shall at the direction of the Majority Lenders declare all or any portion of the Obligations other than Derivative Obligations (and all such Obligations shall thereupon become) at once due and payable without presentment, demand, protest or further notice by Agent or any Lender, and Borrower shall forthwith pay to Agent, the full amount of such Obligations, provided, that upon the occurrence of an Event of Default specified in Subsection 10.1.9 hereof, all of the Obligations shall become automatically due and payable without declaration, notice or demand by Agent or any Lender, and the Revolving Loan Commitments shall be terminated.

Acceleration of the Obligations. Upon or at any time after the occurrence and during the continuance of an Event of Default, (i) the Agent may (with the consent of the Majority Lenders) and shall at the direction of the Majority Lenders terminate the Revolving Loan Commitments and/or (ii) the Agent may (with the consent of the Majority Lenders) and shall at the direction of the Majority Lenders declare all or any portion of the Obligations other than Derivative Obligations (and all such Obligations shall thereupon become) at once due and payable without presentment, demand, protest or further notice by Agent or any Lender, and Borrower shall forthwith pay to Agent, the full amount of such Obligations, provided, that upon the occurrence of an Event of Default specified in Subsection 10.1.9 9.1.9 hereof, all of the Obligations shall become automatically due and payable without declaration, notice or demand by Agent or any Lender, and the Revolving Loan Commitments shall be terminated.

Acceleration of the Obligations. (a) Upon or at any time after the occurrence and during the continuance of an Event of Default, (i) the Agent may (with the consent of the Majority Lenders) and shall at the direction of the Majority Lenders terminate the Revolving Loan Commitments shall, at the option of Agent or Majority Lenders be terminated and/or (ii) the Agent may (with the consent of the or Majority Lenders) and shall Lenders may, and, subject to Section 10.2(c), at the direction request of the Majority Lenders Term Loan B Lenders, Agent shall, terminate this Agreement and/or declare all or any portion of the Obligations other than Derivative Obligations (and all such Obligations shall thereupon become) at once due and payable without presentment, demand, demand protest or further notice by Agent or any Lender, and Borrower Borrowers shall forthwith pay to Agent, the full amount of such Obligations, provided, -------- that upon the occurrence of an Event of Default specified in Subsection 10.1.9 subsection 10.1.8 hereof, the Revolving Loan Commitments shall automatically be terminated and all of the Obligations shall become automatically due and payable payable, in each case without declaration, notice or demand by Agent or any Lender, and the Revolving Loan Commitments shall be terminated.

Acceleration of the Obligations. Upon or at any time after the occurrence and during the continuance of an Event of Default, (i) the Agent may (with the consent of the Majority Lenders) and shall at the direction of the Majority Lenders terminate the Revolving Loan Commitments and/or the Delayed Draw Term Loan Commitments shall, at the option of Administrative Agent or Majority Lenders, be terminated and/or (ii) the Administrative Agent may (with the consent of the Majority Lenders) and shall at the direction of the or Majority Lenders may declare all or any portion of the Obligations other than Derivative Obligations (and all such Obligations shall thereupon become) at once due and payable without presentment, demand, demand protest or further notice by any Agent or any Lender, and Borrower Borrowers shall forthwith pay to Administrative Agent, the full amount of such Obligations, provided, that upon the occurrence of an Event of Default specified in Subsection subsection 10.1.9 hereof, the Revolving Loan Commitments and the Delayed Draw Term Loan Commitments shall automatically be terminated and all of the Obligations shall become automatically due and payable payable, in each case without declaration, notice or demand by Administrative Agent or any Lender, and the Revolving Loan Commitments shall be terminated.

Acceleration of the Obligations. (a) Upon or at any time after the occurrence and during the continuance of an Event of Default, (i) the Agent may (with the consent of the Majority Lenders) and shall at the direction of the Majority Lenders terminate the Revolving Loan Commitments shall, at the option of Agent or Majority Lenders be terminated and/or (ii) the Agent may (with the consent of the or Majority Lenders) and shall Lenders may, and, subject to Section 10.2(c), at the direction request of the Majority Lenders Term Loan B Lenders, Agent shall, terminate this Agreement and/or declare all or any portion of the Obligations other than Derivative Obligations (and all such Obligations shall thereupon become) at once due and payable without presentment, demand, demand protest or further notice by Agent or any Lender, and Borrower Borrowers shall forthwith pay to Agent, the full amount of such Obligations, provided, that upon the occurrence of an Event -------- of Default specified in Subsection 10.1.9 subsection 10.1.8 hereof, the Revolving Loan Commitments shall automatically be terminated and all of the Obligations shall become automatically due and payable payable, in each case without declaration, notice or demand by Agent or any Lender, and the Revolving Loan Commitments shall be terminated.

Acceleration of the Obligations. Upon or at any time after the occurrence and during the continuance of an Event of Default, (i) the Agent may (with the consent of the Majority Lenders) and shall at the direction of the Majority Lenders terminate the Revolving Loan Commitments shall, at the option of Agent or Majority Lenders, be terminated and/or (ii) the Agent may (with the consent of the or shall, upon direction from Majority Lenders) and upon notice to Borrower Representative (which notice shall at the direction not be required with respect to Events of the Majority Lenders Default under subsection 10.1.8) declare all or any portion of the Obligations other than Derivative Obligations (and all such Obligations shall thereupon become) at once due and payable without presentment, demand, demand protest or further notice by Agent or any Lender, and Borrower Borrowers shall forthwith pay to Agent, Agent the full amount of such Obligations, providedprovided that, that upon the occurrence of an Event of Default specified in Subsection 10.1.9 subsection 10.1.8 hereof, the Revolving Loan Commitments shall automatically be terminated and all of the Obligations shall become automatically due and payable payable, in each case without declaration, notice or demand by Agent or any Lender, and the Revolving Loan Commitments shall be terminated.