Acceleration Event of Default definition

Acceleration Event of Default means an Event of Default under Section 5.1(a), (d), (e) or (f), whatever the reason for such Acceleration Event of Default and whether it shall be voluntary or involuntary or be effected by operation of law or pursuant to any judgment, decree or order of any court or any order, rule or regulation of any administrative or governmental body.
Acceleration Event of Default has the meaning set forth in the Indenture.
Acceleration Event of Default means any “Event of Default” specified in Sections 5.1(4)-(6) of the Indenture.

Examples of Acceleration Event of Default in a sentence

  • In case an Acceleration Event of Default shall have occurred and be continuing, upon demand of the Trustee, the principal of all of the Debentures shall become due and payable in the manner, with the effect and subject to the conditions provided in the Indenture.

  • The Debenture Issuer has the right under the Indenture to defer payments of interest on the Debentures, so long as no Acceleration Event of Default has occurred and is continuing, by deferring the payment of interest on the Debentures for up to 20 consecutive quarterly periods (each an “Extension Period”) at any time and from time to time, subject to the conditions described below, during which Extension Period no interest shall be due and payable.

  • The Debenture Issuer has the right under the Indenture to defer payments of interest on the Debentures, so long as no Acceleration Event of Default has occurred and is continuing, by deferring the payment of interest on the Debentures for up to 20 consecutive quarterly periods (each an "Extension Period") at any time and from time to time, subject to the conditions described below, during which Extension Period no interest shall be due and payable.

  • The Debenture Issuer has the right under the Indenture to defer payments of interest on the Debentures, so long as no Acceleration Event of Default has occurred and is continuing, by extending the payment period on the Debentures for up to 20 consecutive quarterly periods (each an “Extension Period”) at any time and from time to time, subject to the conditions described below, during which Extension Period no interest shall be due and payable.

  • The Debenture Issuer has the right under the Indenture to defer payments of interest on the Debentures, so long as no Acceleration Event of Default has occurred and is continuing, by extending the interest payment period for up to 20 consecutive quarterly periods (each an “Extension Period”) at any time and from time to time on the Debentures, subject to the conditions described below, during which Extension Period no interest shall be due and payable.


More Definitions of Acceleration Event of Default

Acceleration Event of Default means an Event of Default under Section ----------------------------- 5.1(a), (d), (e) or (f), whatever the reason for such Acceleration Event of Default and whether it shall be voluntary or involuntary or be effected by operation of law or pursuant to any judgment, decree or order of any court or any order, rule or regulation of any administrative or governmental body.
Acceleration Event of Default has the meaning set forth in Section 5.01.
Acceleration Event of Default means an event described in Sections 5.1(4)-(6).
Acceleration Event of Default means, with respect to Debt Securities of a particular series, any event specified in clauses (1) through (6) of
Acceleration Event of Default means, with respect to Debt Securities of a particular series, any event specified in clauses (1) through (6) of Section 6.01, continued for the period of time, if any, therein designated.
Acceleration Event of Default means any “Event of Default” specified in clauses (iv) through (vi) of Section 5.01 of the Indenture.
Acceleration Event of Default has the meaning set forth in Section 5.01 of the Indenture.