Common use of Acceleration of Maturity Clause in Contracts

Acceleration of Maturity. If an Event of Default has occurred and is continuing, then at the option of the Beneficiary, the amount of any payment related to the Event of Default and all unpaid Secured Obligations are immediately due and payable, and no omission on the part of the Beneficiary to exercise such option when entitled to do so may be construed as a waiver of such right.

Acceleration of Maturity. If an Event of Default has shall have occurred and is be continuing, then at the option of the Beneficiary, the amount of any payment related to the Event of Default and all the unpaid Secured Obligations are Principal of the Note shall immediately become due and payable, upon written notice by the Beneficiary to the Trustor (or automatically where so specified in the Note), and no omission on the part of the Beneficiary to exercise such option when entitled to do so may shall be construed as a waiver of such right.

Acceleration of Maturity. If an Event of Default has shall have occurred and is be continuing, then at the option of the Beneficiary, the amount of any payment related to the Event of Default and all unpaid Secured Obligations are shall immediately become due and payable, upon written notice by the Beneficiary to the Trustor (or automatically where so specified in the Loan Documents), and no omission on the part of the Beneficiary to exercise such option when entitled to do so may shall be construed as a waiver of such right.

Acceleration of Maturity. If an Event of Default has occurred and is continuing, then at the option of the Beneficiary, the amount of any payment related to the Event of Default and all unpaid Secured Obligations are immediately due and payable, and no omission on the part of the Beneficiary to exercise such option when entitled to do so may will be construed as a waiver of such right.