Right to Accelerate Payment. At any time that any Event of Default has occurred and is continuing, Northern Orion may declare all of the obligations of Yamana hereunder to be immediately due and payable, whereupon all such obligations shall be and become immediately due and payable, and the Security Agreement shall become and be immediately enforceable by Northern Orion, all without presentment, demand, protest or other notice of any kind, all of which are expressly waived by Yamana.
Right to Accelerate Payment. Upon the occurrence of an Event of Default that is continuing, the Agent may, for and on behalf of the Secured Parties, by notice and in accordance with the Loan Agreement, declare any or all of the Secured Obligations to be immediately due and payable, whereupon, all of the Secured Obligations shall become and be immediately due and payable without presentment, demand, protest or further notice, all of which are hereby expressly waived by the Grantor.
Right to Accelerate Payment. The Purchaser shall have the right, on not less than five days’ notice to Sellers, to purchase, prior to the Deferred Closing Date, an additional percentage of the Company Equity by making a cash payment of $150,000 for each percentage point purchased. The date on which Purchaser makes such payment is referred to the “Interim Closing Date.” Payment shall be made to the Sellers and Company Equity shall be transferred to the Purchaser in the percentages set forth in Exhibit A.
Right to Accelerate Payment. By written notice to the Company, the Holder may declare the unpaid and unconverted principal amount of this Note, together with all interest accrued hereunder, to be forthwith due and payable immediately in cash, without further presentment, demand, protest or further notice of any kind, all of which are hereby expressly waived by the Company, to the fullest extent permitted by applicable law.
