Common use of Events of Acceleration Clause in Contracts

Events of Acceleration. The occurrence of any of the following shall constitute an “Event of Acceleration” by the Lender under this Agreement: a) Borrower’s failure to pay any part of the principal or interest as and when due under this Agreement; or b) Xxxxxxxx’s becoming insolvent or not paying its debts as they become due. 12.

Appears in 7 contracts

Samples: Personal Loan Agreement, Personal Loan Agreement, Personal Loan Agreement

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Events of Acceleration. The occurrence of any of the following shall constitute an “Event of Acceleration” by the Lender under this AgreementNote: a) Borrower’s failure The Borrower fails to pay any part of the principal or interest as and when due under this AgreementNote; or b) Xxxxxxxx’s becoming The Borrower becomes insolvent or does not paying its pay their debts as they become due. 129.

Appears in 5 contracts

Samples: Vehicle Loan Agreement, Payment Agreement, Loan Agreement

Events of Acceleration. The occurrence of any of the following shall constitute an "Event of Acceleration" by the Lender under this Agreement: a) BorrowerXxxxxxxx’s failure to pay any part of the principal or interest as and when due under this Agreement; or b) Xxxxxxxx’s becoming insolvent or not paying its debts as they become due. 12.

Appears in 3 contracts

Samples: Personal Loan Agreement, Business Loan Agreement, Family Loan Agreement

Events of Acceleration. The occurrence of any of the following shall constitute an "Event of Acceleration" by the Lender under this AgreementNote: a) BorrowerXxxxxxxx’s failure to pay any part of the principal or interest as and when due under this AgreementNote; or b) Xxxxxxxx’s becoming insolvent or not paying its debts as they become due. 12.

Appears in 3 contracts

Samples: Auto Loan Agreement, Sample Loan Agreement, Loan Agreement

Events of Acceleration. The occurrence of any of the following shall constitute an "Event of Acceleration" by the Lender under this AgreementNote: a) Borrower’s failure to pay any part of the principal or interest as and when due under this AgreementNote; or b) Xxxxxxxx’s becoming insolvent or not paying its debts as they become due. 12.

Appears in 2 contracts

Samples: Loan Agreement, Loan Agreement

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Events of Acceleration. The occurrence of any of the following shall constitute an "Event of Acceleration" by the Lender under this Agreement: a) Borrower’s failure to pay any part of the principal or interest as and when due under this Agreement; or b) XxxxxxxxBorrower’s becoming insolvent or not paying its debts as they become due. 12.

Appears in 2 contracts

Samples: Personal Loan Agreement, Personal Loan Agreement

Events of Acceleration. The occurrence of any of the following shall constitute an “Event of Acceleration” by the Lender under this AgreementNote: a) Borrower’s failure The Borrower fails to pay any part of the principal or interest as and when due under this AgreementNote; or b) Xxxxxxxx’s becoming The Borrower becomes insolvent or does not paying its pay their debts as they become due. 12.

Appears in 1 contract

Samples: static1.squarespace.com

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