Accelerate Debt. May declare the indebtedness evidenced by the Note and secured by the Mortgage immediately due and payable (provided that in the case of a voluntary petition in bankruptcy filed by Borrower or an involuntary petition in bankruptcy filed against Borrower (after expiration of the grace period, if any, set forth in Section 11.1.6), such acceleration shall be automatic); and
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Samples: Construction Loan Agreement (American Retirement Corp)
Accelerate Debt. May Lender may declare the Obligations and indebtedness evidenced by the Note and secured by the Mortgage immediately due and payable (provided that that, in the case of a voluntary petition in bankruptcy filed by Borrower Bxxxxxxx or an involuntary petition in bankruptcy filed against Borrower (after the expiration of the grace period, if any, set forth in Section 11.1.6)10.2 above) an involuntary petition in bankruptcy filed against Borrower, such acceleration shall be automatic); and
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Samples: Loan Agreement (Worksport LTD)
Accelerate Debt. May Lender may accelerate and declare the Obligations and indebtedness evidenced by the Note and secured by the Mortgage immediately due and payable (provided that that, in the case of a voluntary petition in bankruptcy filed by Borrower or an involuntary petition in bankruptcy filed against Borrower (after the expiration of the grace period, if any, set forth in Section 11.1.6)11.1.3 above) an involuntary petition in bankruptcy filed against Borrower, such acceleration shall be automatic); and
Appears in 1 contract
Samples: Loan Agreement (Unitil Corp)
Accelerate Debt. May Lender may by written notice to Borrower declare the indebtedness evidenced by the Note and secured by the Mortgage immediately due and payable (provided that in the case of a voluntary petition in bankruptcy filed by Borrower or Guarantor or an involuntary petition in bankruptcy filed against Borrower or Guarantor (after expiration of the grace period, if any, set forth in Section 11.1.611.1.3), such acceleration shall be automatic); and
Appears in 1 contract
Samples: Loan Agreement (Clarion Partners Property Trust Inc.)
Accelerate Debt. May Lender may declare the indebtedness evidenced by the Note and secured by the Mortgage immediately due and payable (provided that in the case of a voluntary petition in bankruptcy filed by 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 Borrower (after expiration of the grace period, if any, set forth in Section 11.1.6)Borrower, such acceleration shall be automatic); and
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