Common use of Automatic Acceleration in Certain Events Clause in Contracts

Automatic Acceleration in Certain Events. Upon the occurrence of an Event of Default with respect to the Borrower specified in clauses (g) or (h) of Section 7.01 of the Credit Agreement, all Guaranteed Obligations shall automatically become due and payable, without presentment, demand, protest or other notice of any kind, all of which are hereby waived by each Subsidiary Guarantor.

Appears in 3 contracts

Samples: Assignment and Assumption (Southwestern Energy Co), Assignment and Assumption (Southwestern Energy Co), Assignment and Assumption (Southwestern Energy Co)

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Automatic Acceleration in Certain Events. Upon the occurrence of an Event of Default with respect to the Borrower Parent specified in clauses (g) or (h) of Section 7.01 of the Credit Agreement, all Guaranteed Obligations shall automatically become due and payable, without presentment, demand, protest or other notice of any kind, all of which are hereby waived by each Subsidiary Guarantor.

Appears in 1 contract

Samples: Credit Agreement (Southwestern Energy Co)

Automatic Acceleration in Certain Events. Upon the occurrence of an Event of Default with respect to the a Borrower specified in clauses (g) or (h) of Section 7.01 of the Credit Agreement, all Guaranteed Obligations shall automatically become due and payable, without presentment, demand, protest or other notice of any kind, all of which are hereby waived by each Subsidiary Guarantor.

Appears in 1 contract

Samples: Credit Agreement (Southwestern Energy Co)

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Automatic Acceleration in Certain Events. Upon the occurrence of an Event of Default with respect to the Borrower specified in clauses (g) or (h) of Section 7.01 of the Credit Agreement, all Guaranteed Obligations shall automatically become due and payable, without presentment, demand, protest or other notice of any kind, all of which are hereby waived by each Subsidiary Guarantor.

Appears in 1 contract

Samples: Credit Agreement (Southwestern Energy Co)

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