Accelerated Payments. Upon the occurrence of an Event of Default and the acceleration of the Discretionary Note, pursuant to and as permitted by Section 10.2, the Discretionary Note and all other Obligations, shall be immediately due and payable as provided in Section 10.2 and in the Discretionary Note.
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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 the Discretionary Note, pursuant to and as permitted by Section 10.29.2, the Discretionary Note and all other Obligations, shall be immediately due and payable as provided in Section 10.2 9.2 and in the Discretionary Note.
Appears in 2 contracts
Samples: Credit Agreement (Medicalcv Inc), Credit Agreement (Medicalcv Inc)
Accelerated Payments. Upon the occurrence of an Event of Default and the acceleration of the Discretionary Revolving Note, pursuant to and as permitted by Section 10.2, the Discretionary Revolving Note and all other Obligations, shall be immediately due and payable as provided in Section 10.2 and in the Discretionary 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 any one or more of the Discretionary NoteNotes, pursuant to and as permitted by Section 10.2, all of the Discretionary Note Notes and all other Obligations, shall be immediately due and payable as provided in Section 10.2 and in the Discretionary 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 Discretionary Note, pursuant to and as permitted by Section 10.29.2, the Discretionary Note and all other Obligations, shall be immediately due and payable as provided in Section 10.2 9.2 and in the Discretionary Note. THE BORROWER ACKNOWLEDGES THAT THE LENDER MAY DEMAND PAYMENT OF THE DISCRETIONARY NOTE AT ANY TIME WHETHER OR NOT A DEFAULT OF EVENT OF DEFAULT HAS OCCURRED.
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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 10.2, the Discretionary Note and all other Obligations, shall be immediately due and payable as provided in Section 10.2 and in the Discretionary Note.
Appears in 1 contract
Samples: Credit Agreement (Access Integrated Technologies Inc)
Accelerated Payments. Upon the occurrence of an Event of Default and the acceleration of the Discretionary any Note, pursuant to and as permitted by Section 10.2, the Discretionary Note and all other Obligations, shall be immediately due and payable as provided in Section 10.2 and in the Discretionary Note.
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