Accelerating Transfer means any Transfer of all or any part of the Property, the legal or beneficial interest therein, or any membership interest in Mortgagor in violation of Section 5.2 of this Mortgage.

Accelerating Transfer means any sale, contract to sell, conveyance, encumbrance, lease, alienation or further encumbrance of all or any material portion of the Property (or any interest in it) which is not expressly permitted under the Credit Agreement, or any other transfer of all or any material portion of the Property (or any interest in it), whether voluntary, involuntary, by operation of law or otherwise, unless Beneficiary has given its prior written consent to such “Accelerating Transfer,” which consent may be given or not given in the absolute discretion of Beneficiary. If Trustor is a corporation or limited liability company, “Accelerating Transfer” also means any transfer of any share or shares in Trustor. If Trustor is a partnership or limited liability company, “Accelerating Transfer” also means withdrawal or removal of any general partner or manager, as the case may be, dissolution of the partnership or limited liability company under Nevada law, or any transfer of any partnership interest or any ownership interest in the limited liability company.

Accelerating Transfer means any transfer not expressly permitted under Sections 7.7 or 10.12 of the Credit Agreement.

Examples of Accelerating Transfer in a sentence

If any Accelerating Transfer occurs, Beneficiary may, in its absolute discretion (provided that it has received any consents or approvals of any other Lenders required under the Credit Agreement), declare all of the Secured Obligations to be immediately due and payable, and Beneficiary and Trustee may invoke any rights and remedies provided by Section 6.3 of this Deed of Trust.
In consideration of Beneficiary’s reliance, Trustor agrees that Trustor shall not make any Accelerating Transfer, unless the transfer is preceded by Beneficiary’s written consent to the particular transaction and transferee.
If any Accelerating Transfer occurs, Beneficiary in its sole discretion may declare all of the Secured Obligations to be immediately due and payable, and Beneficiary may invoke any rights and remedies provided by Section 6.3 of this Deed of Trust.
In consideration of Beneficiary’s reliance, Grantor agrees that Grantor shall not make any Accelerating Transfer, unless the transfer is preceded by Beneficiary’s express written consent to the particular transaction and transferee.
Any transfer of ownership interests in Borrower without Bank’s prior written consent shall constitute an Accelerating Transfer.

More Definitions of Accelerating Transfer

Accelerating Transfer means any Transfer not permitted under the Loan Agreement.

Accelerating Transfer means any Transfer not expressly permitted under Article 12 of the Loan Agreement.

Accelerating Transfer means any sale, contract to sell, conveyance, encumbrance, lease or other transfer of all or any material part of the Property or any interest in it (and not leases made in the ordinary course of business and provided that no Default or Event of Default exists), whether voluntary, involuntary, by operation of law or otherwise which is not permitted under the Loan Agreement, and any "Change of Control" described in the Loan Agreement.

Accelerating Transfer means any Transfer not expressly permitted under Section 4.2(b) of the Loan Agreement.

Accelerating Transfer means any Transfer not expressly permitted under Article 11 of the Loan Agreement.

Accelerating Transfer has the meaning set forth in the Deed of Trust.