Declaration of Acceleration definition

Declaration of Acceleration means a declaration given in accordance with the provisions of the Indenture that all principal of and interest on the Bonds are due and payable immediately.
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Declaration of Acceleration means a declaration of acceleration with respect to all affected Series under Subsection 6.2(1) or the related Series Supplement.
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Declaration of Acceleration means the declaration by the Trustee that payment of the principal of and interest on all Outstanding Bonds is accelerated and is due and payable pursuant to the Indenture.
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Examples of Declaration of Acceleration in a sentence

  • Upon any Declaration of Acceleration of the Bonds hereunder, the Trustee shall give notice of such declaration by mail to the respective Owners of the Bonds at their addresses appearing on the Bond Register.

  • Application of Money Held in Funds Upon Event of Default or Declaration of Acceleration.

  • Immediately upon giving a Declaration of Acceleration pursuant to the Indenture, the Trustee shall transfer all funds in the accounts of the Project Fund to the Principal and Interest Account.

  • An important part of ICMA's existing CACs for the Terms and Conditions of Sovereign Notes as set out in the ICMA Primary Market Handbook are the provisions relating to a Declaration of Acceleration and a Withdrawal of Declaration of Acceleration.

  • Upon giving a Declaration of Acceleration, the Trustee shall transfer all funds in the Costs of Issuance Fund to a special Account in the Bond Fund as provided in Section 406(B) hereof.

  • After any Declaration of Acceleration and if the Indenture Trustee has given the notice referred to in this Section 4.1(2), the Indenture Trustee shall comply with the requirements applicable to the Custodian in clause (a) of the immediately preceding sentence and shall possess all such title documents and other evidence of ownership.

  • Chairman Report.a) No meeting had occurred since the last meeting.

  • However, the Supreme Court of Canada ruled in R.v. Butler, [1992] 1 S.C.R. 452 at 498 per Sopinka J., that "morality" alone can no longer be a basis for criminal prohibition.[109] Current textbooks on the nature of crime also identify the requisite of harm to others.

  • A second Declaration of Acceleration and Notice of Default was transmitted on February 20, 2008.

  • Subject to Section 8.1(6), upon the Indenture Trustee making any such SF Declaration of Acceleration and subject to the terms of the Omnibus Agreement and the Master Security Agreement and in accordance with the provisions thereof, the Collateral Agent shall pay all outstanding principal, interest and other amounts owing hereunder and under the Class SF Notes then outstanding in accordance with the order of priorities set forth in the Omnibus Agreement.


More Definitions of Declaration of Acceleration

Declaration of Acceleration means, in relation to a Series, an automatic acceleration with respect to such Series under Section 6.2(a) or a declaration of acceleration with respect to such Series under Section 6.2(b) or the related Series Supplement.
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Declaration of Acceleration has the meaning specified in Section 8.02.
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Declaration of Acceleration means, in relation to a Series, a declaration of acceleration with respect to such Series made under subsection 6.2(1), subsection 6.2(2) or the related Series Supplement.
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Related to Declaration of Acceleration

  • Acceleration Event means the occurrence of an Event of Default (a) in respect of which Agent has declared all or any portion of the Obligations to be immediately due and payable pursuant to Section 10.2, (b) pursuant to Section 10.1(a), and in respect of which Agent has suspended or terminated the Term Loan Commitment pursuant to Section 10.2, and/or (c) pursuant to either Section 10.1(e) and/or Section 10.1(f).

  • Acceleration Date on any Security means the date on and after which the principal or any or all installments of interest, or both, are due and payable on any Security which has become accelerated pursuant to the terms of the Security.

  • Obligation Acceleration means one or more Obligations in an aggregate amount of not less than the Default Requirement have become due and payable before they would otherwise have been due and payable as a result of, or on the basis of, the occurrence of a default, event of default or other similar condition or event (however described), other than a failure to make any required payment, in respect of a Reference Entity under one or more Obligations.

  • Declaration means this Amended and Restated Declaration of Trust, as amended from time to time. Reference in this Declaration of Trust to "Declaration," "hereof," "herein" and "hereunder" shall be deemed to refer to this Declaration rather than the article or section in which such words appear.

  • Particle accelerator means any machine capable of accelerating electrons, protons, deuterons, or other charged particles in a vacuum and of discharging the resultant particulate or other radiation into a medium at energies usually in excess of one MeV. For purposes of this definition, "accelerator" is an equivalent term.

  • Repayment Event means any event or condition which gives the holder of any note, debenture or other evidence of indebtedness (or any person acting on such holder’s behalf) the right to require the repurchase, redemption or repayment of all or a portion of such indebtedness by the Company or any of its subsidiaries.

  • Issuer Event of Default means the occurrence of any of the following events: