Payment on Acceleration Sample Clauses

Payment on Acceleration. If the Purchaser declares the unpaid principal of and accrued interest on the Bond to be immediately due and payable pursuant to Section 802, the Depositary will promptly pay all moneys then held for the credit of the Acquisition Account to the Purchaser for application to the unpaid principal of and accrued interest on the Bond.
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Payment on Acceleration. Upon any such acceleration of the maturity of this Note, the Corporation will within 90 days pay to the Holder the entire principal balance unpaid on this Note, together with accrued interest thereon to the date of such payment.
Payment on Acceleration. 7. On any acceleration of the maturity of this Note, and if there has been no rescission of that acceleration, the Corporation shall, within sixty (60) days, pay the entire principal unpaid balance together with accrued interest to the date of payment. If the Corporation fails to make payment, the holder of this Note shall be entitled to take any and all legal and/or equitable remedies available under applicable law to enforce the obligations of the Corporation. In the event that suit is brought to enforce payment and final judgment is entered in favor of the holder, the Corporation promises to pay to Lender all costs of collection and reasonable attorneys' fees to be fixed by the court.

Related to Payment on Acceleration

  • Payment on Maturity Date Borrower shall pay to Lender on the Maturity Date the outstanding principal balance of the Loan, all accrued and unpaid interest and all other amounts due hereunder and under the Note, the Mortgage and the other Loan Documents.

  • Payment on Termination If an employee is terminated after the end of a year of employment, the employee is deemed to have been given any untaken leave from the date of termination and shall be paid for that leave accordingly. The employee shall also be paid for any public holidays falling within the period of leave in addition to payment for the leave. If an employee is terminated before the end of a full year of employment, the employee shall be paid pro-rata annual leave based on the period of service.

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