Acceleration Default definition

Acceleration Default means any Event of Default of the type described in Section 4.01(e) or 4.01(f) hereof.

Acceleration Default means any Event of Default of the type described in Section 4.1(f) of the Indenture.

Acceleration Default means any Event of Default of the type described in Section 4.01(e) or 4.01(f).

Examples of Acceleration Default in a sentence

• The question of why these effects are realized remains largely unanswered, but in light of these findings, is particularly important to pursue (Finn & Achilles, 1990).

• The Borrower covenants to advise the Issuer andLender promptly in writing of the occurrence of any Default hereunder or any event which, with the passage of time or service of notice, or both, would constitute a Loan Acceleration Default hereunder, specifying the nature and period of existence of such event and the actions being taken or proposed to be taken with respect thereto.

• It is specifically understood by the Borrower that all such statements, representations and warranties shall be deemed to have been relied upon by the Issuer as an inducement to make the Loan and that if any such statements, representations and warranties were materially incorrect at the time they were made or as of Issue Date, the Issuer may consider any such misrepresentation or breach a Loan Acceleration Default.

• If an Event of Default with respect to the Notes (other than an Acceleration Default) occurs and is continuing, the Senior Trustee may, and, upon the Direction of Noteholders of a majority of the Outstanding Principal Balance of the Senior Class of Notes, shall, give an Acceleration Notice to the Issuer.

• Subject to the provisions of Section 4.5 hereof, the nondefaulting parties also may take whatever action at law or in equity appears necessary or desirable to enforce performance and observance of any obligation or agreement in respect of which the Loan Acceleration Default has occurred.

More Definitions of Acceleration Default

Acceleration Default has the meaning assigned to such term in the Security Agreement.

Acceleration Default means, with respect to (i) the Bank Credit Parties, a Credit Agreement Event of Default has occurred, and, as a result thereof, there has been an acceleration of the Credit Agreement Obligations, (ii) the Senior Noteholders, a Senior Note Event of Default has occurred, and, as a result thereof, there has been an acceleration of the Senior Note Obligations, and (iii) the Junior Noteholders, a Junior Note Event of Default has occurred, and, as a result thereof, there has been an acceleration of the Junior Note Obligations.

Acceleration Default means, in relation to any Loan, a default that under the terms of the Loan either results in an automatic acceleration of the maturity of such Loan or may result in the acceleration of the maturity of such Loan upon any requisite vote of lenders.

Acceleration Default means an Event of Default which either (i) results in acceleration of the maturity of some or all of the Obligations or (ii) arises from a failure to pay the principal amount of some or all of the Obligations at final maturity.

Acceleration Default means any Event of Default of the type described in Section 4.01(e) or 4.01(f) of the Indenture.

Acceleration Default means any Event of Default of the type described in Section 4.01(f) or 4.01(g) hereof. “Account” means any or, in its plural form, all of the accounts established pursuant to Section 3.01(a) hereof and anyledger accounts and ledger subaccounts maintained therein in accordance with this Intercreditor Agreement.

Acceleration Default means the Lender's acceleration of the indebtedness evidenced by this Note after the occurrence of an Event of Default.