Acceleration Upon Event of Default. Upon the occurrence of an Event of Default, Lender may, at its option, in its sole and absolute discretion and without notice or demand, declare the entire unpaid balance of principal plus accrued interest and any other sums payable hereunder immediately due and payable.
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Samples: Revolving Credit Loan Agreement (Embarr Downs, Inc.), Revolving Credit Loan Agreement (Capall Stables, Inc.), Revolving Credit Loan Agreement (SPYR, Inc.)
Acceleration Upon Event of Default. Upon the occurrence of an Event of Default, Lender may, at its option, in its sole and absolute discretion and without notice or demand, : (i) declare the entire unpaid balance of principal plus accrued interest and any other sums sum payable hereunder immediately due and payable; or (ii) exercise any of Lender's rights or remedies as provided in the Credit Agreement.
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