Accelerated Amortization Events. If any of the following events (each an “Accelerated Amortization Event”) shall occur: (a) any Investor’s activities relating to this Agreement are terminated by any regulatory authority; or (b) an Event of Default shall have occurred and be continuing. then, and in any such event, the Agent may (or, at the direction of the Majority Investors shall) by notice to the Seller declare the Termination Date to have occurred (in which case the Termination Date shall be deemed to have occurred).
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Samples: Receivables Purchase Agreement (Audacy, Inc.), Receivables Purchase Agreement (Audacy, Inc.), Receivables Purchase Agreement (Audacy, Inc.)
Accelerated Amortization Events. If any of the following events (each an “Accelerated Amortization Event”) shall occur:
(a) any Investor’s activities relating to this Agreement are terminated by any regulatory authority; or
(b) an Event of Default shall have occurred and be continuing. then, and .; or
(c) any event described in any such event, the Agent may clause (or, at the direction a) or clause (c) of the Majority Investors shall) by notice to the Seller declare the Termination Date to have occurred (in which case the Termination Date definition of Audacy Financial Covenant Event shall be deemed to have occurred)occur.
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