Common use of Acceleration of Obligations Clause in Contracts

Acceleration of Obligations. If an Event of Default exists --------------------------- under Section 4.1(l), 4.1(m) or 4.1(l), all of the Obligations shall automatically become immediately due and payable. If any other Event of Default exists that does not already result in the automatic acceleration of the Obligations under another Credit Document, the Lender shall have the right without further notice to the Borrower (except any such notice as may be specifically required under the other Credit Documents) to declare all of the Obligations immediately due and payable.