Common use of Advances Due on Demand Clause in Contracts

Advances Due on Demand. If, pursuant to Clause 19.17 (Acceleration and Cancellation), the Agent declares the Advances to be due and payable on demand of the Agent, then, and at any time thereafter, the Agent may (and, if so instructed by an Instructing Group, shall) by written notice to the Borrower:

Appears in 3 contracts

Samples: Credit Agreement (NTL Inc/De/), Credit Agreement (NTL Communications Corp), Credit Agreement (NTL Delaware Inc)

AutoNDA by SimpleDocs

Advances Due on Demand. If, pursuant to Clause 19.17 24.18 (Acceleration and Cancellation), the Agent declares the Advances to be due and payable on demand of the Agent, then, and at any time 147 thereafter, the Agent may (and, if so instructed by an Instructing Group, shall) by written notice to the BorrowerParent:

Appears in 1 contract

Samples: NTL Inc/De/

Advances Due on Demand. If, pursuant to Clause 19.17 18.19 (Acceleration and Cancellation), the Agent declares all or any part of the Advances Advance to be due and payable on demand of the Agent, then, and at any time thereafter, the Agent may (andshall, if so instructed by an Instructing GroupOriginal Lender or a Bank or Banks to whom in aggregate at least 51 per cent. of the Loan is owed, shall) by written notice to the Borrower:

Appears in 1 contract

Samples: Term Facility Agreement (Zindart LTD)

Advances Due on Demand. If, pursuant to Clause 19.17 24.23 (Acceleration and Cancellation), the Agent declares all or any part of the Advances to be due and payable on demand of the Agent, then, and at any time thereafter, the Agent may (and, if so instructed by an Instructing Group, shall) by written notice to the BorrowerParent:

Appears in 1 contract

Samples: Credit Agreement (Transworld Healthcare Inc)

AutoNDA by SimpleDocs

Advances Due on Demand. If, pursuant to Clause 19.17 23.19 (Acceleration and Cancellation), the Agent declares all or any part of the Advances to be due and payable on demand of the Agent, then, and at any time thereafter, the Agent may (and, if so instructed by an Instructing Group, shall) by written notice to the BorrowerBorrowers:

Appears in 1 contract

Samples: Agreement (NTL Inc/De/)

Time is Money Join Law Insider Premium to draft better contracts faster.