Common use of Optional Acceleration Clause in Contracts

Optional Acceleration. Subject to Section 7.03, if an Event of Default (other than an Event of Default set forth in Section 7.01(A)(x) or Section 7.01(A)(xi) with respect to the Company or any Guarantor (and not solely with respect to any Significant Subsidiary of the Company or any Guarantor) occurs and is continuing, then the Trustee, by notice to the Company, or Holders of at least twenty-five percent (25%) of the number of Notes then outstanding, by notice to the Company and the Trustee, may declare the principal amount of, and all accrued and unpaid interest on, the Acceleration Premium for, and other amounts due with respect to, all of the Notes then outstanding to become due and payable immediately.

Optional Acceleration. Subject to Section 7.03, if an Event of Default (other than an Event of Default set forth in Section 7.01(A)(x) or Section 7.01(A)(xi(A)(xi) with respect to the Company or any Guarantor (and not solely with respect to any Significant Subsidiary of the Company or any Guarantor) occurs and is continuing, then the Trustee, by notice to the Company, or Holders of at least twenty-five percent (25%) of the number of Notes then outstanding, by notice to the Company and the Trustee, may declare the principal amount of, and all accrued and unpaid interest on, the Acceleration Premium for, and other amounts due with respect to, all of the Notes then outstanding to become due and payable immediately.

Optional Acceleration. Subject to Section 7.03, if an Event of Default (other than an Event of Default set forth in Section 7.01(A)(x7.01(A)(ix) or Section 7.01(A)(xi7.01(A)(x) with respect to Parent or the Company or any Guarantor (and not solely with respect to any a Significant Subsidiary of the Company or any GuarantorCompany) occurs and is continuing, then the Trustee, by notice to the Company, or Holders of at least twenty-twenty five percent (25%) of the number aggregate principal amount of Notes then outstanding, by notice to the Company and the Trustee, may declare the principal amount of, and all accrued and unpaid interest on, and the Acceleration Premium forMaturity Premium, and other amounts due with if any, in respect toof, all of the Notes then outstanding to become due and payable immediately.

Optional Acceleration. Subject to Section 7.03, if an Event of Default (other than an Event of Default set forth in Section 7.01(A)(x) or Section 7.01(A)(xi) with respect to the Company or any the Guarantor (and not solely with respect to any a Significant Subsidiary of the Company or any the Guarantor) occurs and is continuing, then the Trustee, by notice to the Company, or Holders of at least twenty-twenty five percent (25%) of the number aggregate principal amount of Notes then outstanding, by notice to the Company and the Trustee, may declare the principal amount of, and all accrued and unpaid interest and Applicable Premium, if any, on, the Acceleration Premium for, and other amounts due with respect to, all of the Notes then outstanding to become due and payable immediately.