Common use of Events of Default and Acceleration Clause in Contracts

Events of Default and Acceleration. Any part or all of the Indebtedness shall, at the option of Secured Party, become immediately due and payable without notice or demand upon the occurrence of any of the following events of default (each, an “Event of Default”):

Appears in 2 contracts

Samples: Security Agreement (Xg Sciences Inc), Security Agreement (Xg Sciences Inc)

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Events of Default and Acceleration. Any part or all of the Indebtedness shall, at the option of Secured Party, become immediately due and payable without notice or demand (which are expressly waived by Debtor), upon the occurrence of any of the following events of default (each, an “Event of Default”):default:

Appears in 1 contract

Samples: Revolving Credit Loan Agreement (Autocam Corp/Mi)

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Events of Default and Acceleration. Any part or all of the Indebtedness indebtedness shall, at the option of Secured Party, become immediately due and payable without notice or demand upon the occurrence of any of the following events of default (each, an “Event of Default”):default:

Appears in 1 contract

Samples: Subordinated Security Agreement (Secom General Corp)

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