Common use of Accelerated Payments Clause in Contracts

Accelerated Payments. Upon the occurrence of an Event of Default and the acceleration of the Note, pursuant to and as permitted by Section 9.2, the Note and all other Obligations, shall be immediately due and payable as provided in Section 9.2 and in the Note.

Appears in 2 contracts

Samples: Credit Agreement (Medicalcv Inc), Credit Agreement (Medicalcv Inc)

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Accelerated Payments. Upon the occurrence of an Event of Default and the acceleration of the Discretionary Note, pursuant to and as permitted by Section 9.210.2, the Discretionary Note and all other Obligations, shall be immediately due and payable as provided in Section 9.2 10.2 and in the Discretionary Note.

Appears in 2 contracts

Samples: Discretionary Credit Agreement (Medicalcv Inc), Discretionary Credit Agreement (Medicalcv Inc)

Accelerated Payments. Upon the occurrence of an Event of Default and the acceleration of any one or more of the NoteNotes, pursuant to and as permitted by Section 9.210.2, all of the Note Notes and all other Obligations, shall be immediately due and payable as provided in Section 9.2 10.2 and in the NoteNotes.

Appears in 1 contract

Samples: Revolving Credit and Term Loan Agreement (Aura Systems Inc)

Accelerated Payments. Upon the occurrence of an Event of Default and the acceleration of the Note, pursuant to and as permitted by Section 9.210.2, the Note and all other Obligations, shall be immediately due and payable as provided in Section 9.2 10.2 and in the Note.

Appears in 1 contract

Samples: Credit Agreement (Access Integrated Technologies Inc)

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Accelerated Payments. Upon the occurrence of an Event of Default and the acceleration of the Revolving Note, pursuant to and as permitted by Section 9.210.2, the Revolving Note and all other Obligations, shall be immediately due and payable as provided in Section 9.2 10.2 and in the Revolving Note.

Appears in 1 contract

Samples: Revolving Credit Agreement (August Technology Corp)

Accelerated Payments. Upon the occurrence of an Event of Default and the acceleration of the any Note, pursuant to and as permitted by Section 9.210.2, the Note and all other Obligations, shall be immediately due and payable as provided in Section 9.2 10.2 and in the Note.

Appears in 1 contract

Samples: Credit Agreement (Vascular Solutions Inc)

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