Common use of Automatic Acceleration in Certain Circumstances Clause in Contracts

Automatic Acceleration in Certain Circumstances. If an Event of Default specified in Section 6.01(f) hereof occurs, the amounts due on all of the then outstanding Notes will immediately become due and payable without any further action or notice by any party.

Appears in 1 contract

Sources: Indenture (Medicine Man Technologies, Inc.)

Automatic Acceleration in Certain Circumstances. If an Event of Default specified in Section 6.01(f6.01(a)(xiv) or 6.01(a)(xv) hereof occursoccurs with respect to ‌ ​ ​ the Company, the amounts due under Section 6.01(c) on all of the then outstanding Notes will immediately become due and payable without any further action or notice by any party.

Appears in 1 contract

Sources: Indenture (Protalix BioTherapeutics, Inc.)