Accelerate Debt. Agent may, and with the direction of the Required Lenders shall, declare the indebtedness evidenced by the Notes and secured by the Security Documents immediately due and payable (provided that in the case of a voluntary petition in bankruptcy filed by the Borrower or an involuntary petition in bankruptcy filed against the Borrower (after expiration of the grace period, if any, set forth in Section 10.1.8), such acceleration shall be automatic).
Appears in 4 contracts
Samples: Loan Agreement (Winthrop Realty Trust), Loan Agreement (First Union Real Estate Equity & Mortgage Investments), Loan Agreement (Winthrop Realty Trust)
Accelerate Debt. Administrative Agent may, and with the direction of the Required Lenders shall, declare the indebtedness evidenced by the Notes Note and secured by the Security Documents immediately due and payable (provided that in the case of a voluntary petition in bankruptcy filed by the Borrower or an involuntary petition in bankruptcy filed against the Borrower (after expiration of the grace period, if any, set forth in Section 10.1.8), such acceleration shall be automatic).
Appears in 4 contracts
Samples: Loan Agreement (Cedar Shopping Centers Inc), Loan Agreement (Cedar Shopping Centers Inc), Loan Agreement (Cedar Shopping Centers Inc)
Accelerate Debt. Agent may, and with the direction of the Required Lenders shall, declare the indebtedness evidenced by the Notes Note and secured by the Security Documents immediately due and payable (provided that in the case of a voluntary petition in bankruptcy filed by the Borrower or an involuntary petition in bankruptcy filed against the Borrower (after expiration of the grace period, if any, set forth in Section 10.1.8), such acceleration shall be automatic).
Appears in 2 contracts
Samples: Loan Agreement (Shelbourne Properties I Inc), Loan Agreement (Newkirk Master Lp)
Accelerate Debt. Agent may, and with the direction of the Required Lenders shall, declare the indebtedness evidenced by the Notes and secured by the Security Documents immediately due and payable (provided that in the case of a voluntary petition in bankruptcy filed by the either Borrower or an involuntary petition in bankruptcy filed against the either Borrower (after expiration of the grace period, if any, set forth in Section 10.1.810.1.1(viii), 10.1.2(viii)), such acceleration shall be automatic).
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Accelerate Debt. Agent may, and with upon the direction of the Required Majority Lenders shall, declare the indebtedness evidenced by the Notes Note and secured by the Security Documents Mortgage immediately due and payable (provided that in the case of a voluntary petition in bankruptcy filed by the Borrower or (after the expiration of the grace period if any set forth in Section 11.1.3 above) an involuntary petition in bankruptcy filed against the Borrower (after expiration of the grace period, if any, set forth in Section 10.1.8)Borrower, such acceleration shall be automatic).; and
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