Examples of Acceleration Notice in a sentence
Unless a Guarantor Acceleration Notice has been served, the Bond Trustee shall not have any right to the collection of dividends on, or exercise any option or right (including any right to vote, give consents, ratifications or waivers) in connection with, any Pledged Securities.
Upon a Guarantor Acceleration Notice being served, all rights of the Guarantor to vote the Pledged Securities and to give consents, ratifications or waivers and to receive dividends in respect of the Pledged Securities shall cease and all such rights shall become vested solely and absolutely in the Bond Trustee.
Following the service of a Note Acceleration Notice, the Security Trustee may request a statement from the Account Bank as required.
Following the service of a Note Acceleration Notice on the Issuer the Security Trustee may serve a notice of termination on the Account Bank or the GIC Provider at any time.
The following shall constitute an additional Event of Default with respect to which Party B will be the Defaulting Party: "Note Acceleration Notice.