Common use of Right to Accelerate Clause in Contracts

Right to Accelerate. Except as expressly provided in the Credit Agreement and this Deed of Trust, Beneficiary may, without notice, demand, presentment, notice of nonpayment or nonperformance, protest, notice of protest, notice of intent to accelerate, notice of acceleration or any other notice or any other action, all of which are hereby waived by Grantor and all other parties obligated in any manner whatsoever on the Liabilities, declare the entire unpaid balance of the Tranche A Notes immediately due and payable, and upon such declaration, the entire unpaid balance of the Tranche A Notes shall be immediately due and payable. The failure to exercise any remedy available to Beneficiary shall not be deemed to be a waiver of any rights or remedies of Beneficiary under the Credit Agreement or Other Documents, at law or in equity.