Common use of Events of Default; Acceleration Clause in Contracts

Events of Default; Acceleration. Upon the occurrence of and during the continuation of any of the following events or conditions of default (“Event of Default”), the Bank may at its option and in its discretion, by a notice to the Member, declare all or any part(s) of the Indebtedness and accrued interest thereon, including any prepayment fees or charges which are payable in connection with the payment prior to the originally scheduled maturity of any Advance, to be immediately due and payable without presentment, demand, protest, or any further notice:

Appears in 7 contracts

Samples: And Security Agreement (Redwood Trust Inc), Pledge, and Security Agreement (Trustco Holdings, Inc.), Federal Home (KEMPER Corp)

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Events of Default; Acceleration. Upon the occurrence of and during the continuation of any of the following events or conditions of default ("Event of Default"), the Bank may at its own option and in its discretion, by a notice to the Member, declare all or any part(s) of the Indebtedness and accrued interest thereon, including any prepayment fees or and charges which that are payable provided for in connection with the event of the payment prior to of an Advance before the originally date(s) scheduled maturity of any Advancefor repayment, to be immediately due and payable without presentment, demand, protest, or any further notice:

Appears in 4 contracts

Samples: Advances and Security Agreement, Advances and Security Agreement, Advances and Security Agreement (KEMPER Corp)

Events of Default; Acceleration. Upon the occurrence of and during the continuation of any of the following events or conditions of default (Event of Default), the Bank may at as its option and in its discretionnotwithstanding any other provision hereof, by a notice to the MemberInstitution, declare all or Indebtedness including, but not limited to, any part(s) of the Indebtedness and accrued interest thereon, including and any prepayment fees or charges which that are payable in connection with provided for payment of an Advance before the payment prior to the originally date(s) scheduled maturity of any Advancefor repayment, to be immediately due and payable payable, without presentment, demand, protest, protest or any further noticenotices:

Appears in 2 contracts

Samples: Fw Capital I, Fw Capital I

Events of Default; Acceleration. Upon the occurrence of and during the continuation of any of the following events or conditions of default (“Event of Default”), the Bank may at its own option and in its discretion, by a notice to the Member, declare all or any part(s) of the Indebtedness and accrued interest thereon, including any prepayment fees or and charges which that are payable provided for in connection with the event of the payment prior to of an Advance before the originally date(s) scheduled maturity of any Advancefor repayment, to be immediately due and payable without presentment, demand, protest, or any further notice:

Appears in 2 contracts

Samples: Advances and Security Agreement (Guaranty Financial Group Inc.), Advances and Security Agreement (Tectonic Financial, Inc.)

Events of Default; Acceleration. Upon In the event of the occurrence of and during the continuation of any of the following events or conditions of default ("Event of Default"), the Bank may at its option and in its discretionoption, by a notice to the Member, declare all or any part(s) of the Indebtedness indebtedness and accrued interest thereon, including any prepayment fees (including without limitation, those fees charged pursuant to Section 2.03 and 2.04), or charges which are payable in connection with the payment prior to the originally scheduled maturity of any Advanceindebtedness, to be immediately due and payable without presentment, demand, protest, protest or any further notice:

Appears in 2 contracts

Samples: , and Security Agreement (1st Community Bancorp Inc), , and Security Agreement (1st Community Bancorp Inc)

Events of Default; Acceleration. Upon the occurrence of and during the continuation of any of the following events or conditions of default ("Event of Default"), the Bank may at its option and in its discretionoption, by a notice to the Member, declare all or any part(s) of the Indebtedness and accrued interest thereon, including any prepayment fees or charges which are payable in connection with the payment prior applicable to the originally scheduled maturity of any Advance, to be immediately due and payable without presentment, demand, protest, or any further notice:

Appears in 2 contracts

Samples: Agreement for Advances and Security Agreement (Gold Banc Corp Inc), Agreement for Advances and Security Agreement (Eagle Bancshares Inc)

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Events of Default; Acceleration. Upon In the event of the occurrence of and during the continuation of any of the following events or conditions of default ("Event of Default"), the Bank may at its option and in its discretionoption, by a notice to the Member, declare all or any part(s) of the Indebtedness and accrued interest thereon, including any prepayment tees (including without limitation, those fees charged pursuant to Section 2.03 and 2.04), or charges which are payable in connection with the payment prior to the originally scheduled maturity of any AdvanceIndebtedness, to be immediately due and payable without presentment, demand, protest, protest or any further notice:

Appears in 1 contract

Samples: , and Security Agreement (PTC Bancorp)

Events of Default; Acceleration. Upon the occurrence of and during the continuation of any of the following events or conditions of default (Event of Default), the Bank may at its option and in its discretionnotwithstanding any other provision hereof, by a notice to the MemberInstitution, declare all or Indebtedness including, but not limited to, any part(s) of the Indebtedness and accrued interest thereon, including and any prepayment fees or charges which that are payable in connection with provided for payment of an Advance before the payment prior to the originally date(s) scheduled maturity of any Advancefor repayment, to be immediately due and payable payable, without presentment, demand, protest, protest or any further noticenotices:

Appears in 1 contract

Samples: Pledge and Security Agreement (Mb Capital I)

Events of Default; Acceleration. Upon the occurrence of and during the continuation of any of the following events or conditions of default ("Event of Default"), the Bank may at its option and in its discretion, by a notice to the Member, declare all or any part(s) of the Indebtedness and accrued interest thereon, including any prepayment fees or charges which are payable in connection with the payment prior to the originally scheduled maturity of any Advance, to be immediately due and payable without presentment, demand, protest, or any further notice:

Appears in 1 contract

Samples: Federal Home (Starwood Property Trust, Inc.)

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