Acceleration of Stated Maturity; Rescission and Annulment. (a) Upon the occurrence of an Event of Default of the type described in paragraph (6) or (7) of Section 801, the unpaid principal balance of, and accrued interest on, all Series of Notes, together with all other amounts then due and owing to the Noteholders, each Series Enhancer and each Hedge Counterparty, shall become immediately due and payable without further action by any Person. Except as set forth in the immediately preceding sentence, if an Event of Default under Section 801 occurs and is continuing, then and in every such case the Indenture Trustee shall at the direction of the Requisite Global Majority declare the principal of and accrued interest on all Notes of all Series then Outstanding to be due and payable immediately, by a notice in writing to the Issuer and to the Indenture Trustee given by the Requisite Global Majority, and upon any such declaration such principal and accrued interest shall become immediately due and payable.
Acceleration of Stated Maturity; Rescission and Annulment. (a) Upon the occurrence of an Event of Default under either clause (iii) or (iv) of Section 801, then the principal of, and accrued interest on, all Notes then Outstanding shall become immediately due and payable without any further action by any Person. If any other Event of Default under Section 801 occurs and is continuing, then in every case the Agent (unless instructed in writing to the contrary by the Majority of Holders) shall declare the principal of, and accrued interest on, all Notes then Outstanding to be due and payable immediately, by a notice in writing to the Issuer, and upon any such declaration such principal and accrued interest shall become immediately due and payable.
Acceleration of Stated Maturity; Rescission and Annulment. (a) Upon the occurrence of an Event of Default of type described in paragraphs (vii) or (viii) above, the Unpaid Principal Balance of, and accrued interest on, all Series of Notes, together with all other amounts then due and owing to any Noteholder, any Series Enhancer, the Transition Agent, the Collateral Agent and any Interest Rate Hedge Provider, shall become immediately due and payable without further action by any Person. Except as set forth in the immediately preceding sentence, if any other Events of Default occurs and is continuing, then and in every such case the Indenture Trustee shall at the direction of the Requisite Global Majority declare the principal of and the accrued interest on all Series of Notes then Outstanding to be due and payable immediately, by a notice in writing to the Issuer, and upon any such declaration such principal and accrued interest shall become immediately due and payable.
Acceleration of Stated Maturity; Rescission and Annulment. If an Event of Default (other than an Event of Default specified in clauses (8) and (9) of Section 5.01) with respect to Securities of any series at the time Outstanding occurs and is continuing, the Trustee by notice to the Issuers, or the Holders of at least 25% in principal amount of the then Outstanding Securities of that series by written notice to the Issuers and the Trustee, may declare the unpaid principal (or, if any of the Securities of that series are Original Issue Discount Securities, such portion of the principal amount of such Securities as may be specified in the terms thereof) of all of the Securities of that series, and any accrued interest on such Securities be due and payable. Upon such declaration the principal and interest shall be due and payable immediately. If an Event of Default specified in clause (8) or (9) of Section 5.01 occurs, such an amount shall ipso facto become and be immediately due and payable without any declaration or other act on the part of the Trustee or any Holder. If any Event of Default occurs because the Issuers or those acting on the Issuers’ behalf willfully intended to avoid payment of the premium that the Issuers would have to pay if the Issuers then elected to redeem the Securities of a Series under Article XI of this Indenture, then an equivalent premium shall also become and be immediately due and payable to the extent permitted by law upon the acceleration of the Securities of such series. The Holders of a majority in principal amount of the then Outstanding Securities of any series by written notice to the Trustee may rescind an acceleration and its consequences if the rescission would not conflict with any judgment or decree and if all existing Events of Default with respect to the Securities of that series (except nonpayment of principal or interest that has become due solely because of the acceleration) have been cured or waived.
Acceleration of Stated Maturity; Rescission and Annulment. (a) If an Event of Default (other than those specified in Section 9.01(i) and Section 9.01(j)) occurs and is continuing, then and in every such case the Trustee or the Holders of not less than 25% in aggregate Principal Amount of the Outstanding Securities may declare the Principal Amount of, and accrued and unpaid interest, if any, on, all the Outstanding Securities to be due and payable immediately, by a notice in writing to the Company (and to the Trustee if given by Holders), and upon any such declaration such Principal Amount and accrued and unpaid interest, if any, shall become immediately due and payable. Notwithstanding the foregoing, in the case of an Event of Default specified in Section 9.01(i) or Section 9.01(j), the Principal Amount of, and accrued and unpaid interest, if any, on, all Outstanding Securities will ipso facto automatically and immediately become due and payable without any declaration or other act on the part of the Trustee or any Holder.
Acceleration of Stated Maturity; Rescission and Annulment. If an Event of Default shall have occurred and be continuing, then in every such case the Trustee or the Holders of not less than 25% in principal amount of the Outstanding Securities may declare the principal amount of all of the Securities to be due and payable immediately, by a notice in writing to the Company (and to the Trustee if given by Holders), and upon receipt by the Company of notice of such declaration such principal amount shall become immediately due and payable. At any time after such a declaration of acceleration with respect to the Securities shall have been made and before a judgment or decree for payment of the money due shall have been obtained by the Trustee as hereinafter in this Article provided, such declaration and its consequences shall, without further act, be deemed to have been rescinded and annulled, if
Acceleration of Stated Maturity; Rescission and Annulment. (a) Upon the occurrence of a Trust Event of Default of the type described in Section 801(i) or (ii) hereof, the Unpaid Principal Balance of, and accrued interest on, all Series of Notes, together with all other amounts then due and owing to the Noteholders and each Interest Rate Hedge Provider, shall become immediately due and payable without further action by any Person.
Acceleration of Stated Maturity; Rescission and Annulment. (1) If an Event of Default occurs and is continuing (other than an Event of Default specified in Sections 6.1(5) and 6.1(6) above relating to the Company, the Company or any of its Restricted Subsidiary,) then in every such case, unless the principal of all of the Notes shall have already become due and payable, either the Trustee or the Holders of at least 25% in aggregate principal amount of the Notes then outstanding, by notice in writing to the Company (and to the Trustee if given by Holders), may declare all principal, determined as set forth below, and accrued interest (and Registration Default Damages and Additional Amounts, if any) thereon to be due and payable immediately. If an Event of Default specified in Sections 6.1(5) and 6.1(6) relating to the Company or any of the Company or any of its Restricted Subsidiaries occurs, all principal and accrued interest (and Registration Default Damages, if any, and Additional Amounts, if any) thereon will be immediately due and payable on all outstanding Notes without any declaration or other act on the part of the Trustee or the Holders.
Acceleration of Stated Maturity; Rescission and Annulment. If an Event of Default (other than an Event of Default specified in clauses (j) or (k) of Section 6.1 above that occurs with respect to the Company) occurs and is continuing under this Indenture, the Trustee or the Second Priority Holders of at least 25% in aggregate principal amount then outstanding of Second Priority Securities, by written notice to the Company (and to the Trustee if such notice is given by the Second Priority Holders), may, and the Trustee at the request of such Second Priority Holders shall, declare the Second Priority Securities to be immediately due and payable at 100% of the principal amount thereof, plus accrued and unpaid interest thereon if any, and Additional Amounts, if any, to the date of such declaration. Upon a declaration of acceleration, such principal of, premium, if any, and accrued interest and Additional Amounts shall be immediately due and payable. In the event of a declaration of acceleration because an Event of Default set forth in clause (f) above has occurred and is continuing, such declaration of acceleration shall be automatically rescinded and annulled if the event of default triggering such Event of Default pursuant to clause (f) shall be remedied or cured by the Company and/or the relevant Subsidiaries or waived by the holders of the relevant Indebtedness within thirty (30) days after the declaration of acceleration with respect thereto. If an Event of Default specified in clauses (j) or (k) of Section 6.1 above occurs with respect to the Company, the Second Priority Securities then outstanding shall automatically become and be immediately due and payable at 100% of the outstanding principal amount thereof, plus premium, if any, and accrued and unpaid interest thereon, if any, and Additional Amounts, if any, in each case without any declaration or other act on the part of the Trustee or any Second Priority Holder. The Requisite Second Priority Holders by written notice to the Company and to the Trustee, may rescind and annul a declaration of acceleration and its consequences if, in addition to certain other covenants, (i) all existing Events of Default, other than the nonpayment of the principal of, premium, if any, and interest on such Second Priority Securities that have become due solely by such declaration of acceleration, have been cured or waived and (ii) the 76 rescission would not conflict with any judgment, decree or order of a court of competent jurisdiction. The Requisite Second Priority Holders by...
Acceleration of Stated Maturity; Rescission and Annulment. (a) Upon the occurrence of an Event of Default of type described in paragraph (vi) or (vii) of Section 801, the unpaid principal balance of, and accrued interest on, all Series of Notes, together with all other amounts then due and owing to the Noteholders, each Series Enhancer and each Interest Rate Hedge Provider shall become immediately due and payable without further action by any Person. If an Event of Default under Section 801 occurs and is continuing, then and in every such case the Indenture Trustee may, and shall at the direction of any of (A) any affected Noteholder in accordance with Section 808 or (B) the Requisite Global Majority in all other instances, declare the principal of and accrued interest on all Notes of all Series then Outstanding to be due and payable immediately, by a written notice to the Issuer and to the Indenture Trustee given by the Requisite Global Majority, and upon any such declaration such principal and accrued interest shall become immediately due and payable.
