Acceleration Right. If any Event of Default shall occur, then or at any time thereafter, while such Event of default shall continue, Creditor may declare all Obligations to be due and payable, without notice, protest, presentment or demand, all of which are hereby expressly waived by Debtor.
Appears in 2 contracts
Sources: Stock Purchase Agreement (Solar Satellite Communication Inc), Stock Purchase Agreement (Satellite Investment Group LLC)
Acceleration Right. If any Event of Default shall occur, then or at any time thereafter, while such Event of default Default shall continue, Creditor may declare all Obligations to be due and payable, without notice, protest, presentment or demand, all of which are hereby expressly waived by Debtor.
Appears in 1 contract
Sources: Pledge and Security Agreement (Solar Satellite Communication Inc)