Accelerated Repayment Sample Clauses

Accelerated Repayment. The Loan can be repaid at any time in full or in part together with all accrued and unpaid interest and any other amounts due under the Agreement pursuant to a Voluntary Prepayment executed by the Borrower and/or a Mandatory Prepayment requested by the Lender, in accordance with article 5 of the Agreement.

Accelerated Repayment. The Company may repay the entire outstanding balance of the Loan. If the Company so elects, it must repay to the Commission the entire outstanding balance within 45 days of the Default Notice; or

Accelerated Repayment. Subject to Section 6.02(b), the Collateral Agent shall use the balance and funds from time to time deposited in the Genius Control Account to prepay (or Cash Collateralize, as applicable) the Obligations as follows: (i) If, at any time, The Xxxxxxxxx Company blocks the weekly payments made from the Xxxxxxxxx Control Account to the Borrower for more than 4 consecutive Xxxxxxxxx Disbursement Dates (as defined in the Intercreditor Agreement), then from and after being made aware of such occurrence the Collateral Agent shall immediately use the balance and funds from time to time deposited in the Genius Control Account to prepay all Obligations (including all Loans, L/C Borrowings, all unpaid interest, fees, costs and expenses) and Cash Collateralize the Obligations in an amount equal to the then Effective Amount of the L/C Obligations. (ii) If, at any time, any Inbound Distribution Agreement or Outbound Distribution Agreement actually is terminated or not renewed and such actual termination or non-renewal, together with any other actual termination or non-renewal of Inbound Distribution Agreements and Outbound Distribution Agreements, in the aggregate could reasonably be expected to have a Material Adverse Effect, then from and after being made aware of such occurrence the Collateral Agent shall immediately use the balance and funds from time to time deposited in the Genius Control Account to prepay all Obligations (including all Loans, L/C Borrowings, all unpaid interest, fees, costs and expenses) and Cash Collateralize the Obligations in an amount equal to the then Effective Amount of the L/C Obligations. (iii) If, at any time, the Cash Collection Ratio is below 100% for any calendar quarter (including after any reduction in the Applicable Advance Rate pursuant to Section 2.17), then from and after being made aware of such occurrence the Collateral Agent shall immediately use the balance and funds from time to time deposited in the Genius Control Account to prepay all Obligations (including all Loans, L/C Borrowings, all unpaid interest, fees, costs and expenses) and Cash Collateralize the Obligations in an amount equal to the then Effective Amount of the L/C Obligations. (iv) If, at any time, an Event of Default has occurred under Section 6.01 (other than Section 6.01(e) and Section 6.01(h)), then from and after being made aware of such occurrence the Collateral Agent shall immediately use the balance and funds from time to time deposited in the Genius Con...

Accelerated Repayment. 16.1 If there is: 16.1.1 a Change in Law which renders, will render or may have the effect of rendering the Finance Documents, or anything done or to be done pursuant thereto, illegal, invalid or unenforceable and the Parties fail in their endeavours to agree to rectify such illegality, invalidity or unenforceability (provided such illegality, invalidity or unenforceability is capable of being rectified), or agree upon alternative acceptable provisions, within 15 (fifteen) Business Days or such longer period as may be agreed to in writing between the Parties, after receipt by the Borrower of such notice from the Lender advising the Borrower of the relevant change; or 16.1.2 a Change in Law which the Lender reasonably expects to occur or has occurred that will, in the reasonable opinion of the Lender, adversely affect or have an adverse effect on the Lender or any transactions contemplated by the Finance Documents, after the Lender and the Borrower have failed to agree upon an acceptable solution within 15 (fifteen) Business Days of written notice by the Lender to the Borrower,

Accelerated Repayment. 5.1 The Notes shall become immediately repayable at par together with any accrued interest (after deduction of tax). ________________________________________________________________________________ MHS & CO -- COMMERCIAL INSTRUMENT JULY 1999 CITIBANK/ANGOSTURA LIMITED EXECUTION COPY 4 (a) if either of the Issuers fails to repay the principal amount of the Notes or any part of it or to pay any interest thereon within 14 days after the due date for such repayment or payment; or

Accelerated Repayment. 5.1 The Notes shall become immediately repayable at par together with any accrued interest (after deduction of tax). (a) if either of the Issuers fails to repay the principal amount of the Notes or any part of it or to pay any interest thereon within 14 days after the due date for such repayment; or (b) if either of the Issuers ceases or threatens to cease to carry on its business or a substantial part of its business; or (c) if either of the Issuers is, or is adjudicated or found to be, insolvent or stops or suspends payment of its debts or is (or is deemed to be) unable to or admits inability to pay its debts as they fall due or process or enters into any composition or other arrangement for the benefit of its creditors generally or proceedings are commenced in relation to the Issuers under any law regulation or procedure relating to reconstruction or adjustment of debts; or (d) if any order is made by any competent court or any resolution is passed by the either of the Issuers for the winding up or dissolution or for the appointment of a liquidator of either of the Issuers (except for the purpose of a solvent amalgamation or reconstruction previously approved by the Extraordinary Resolution of the Noteholders); or (e) if an encumbrancer takes possession or a receiver or administrative receiver or manager or sequestrator is appointed of the whole or any part of the undertaking or assets of either of the Issuers or distress or other process is levied or enforced upon any of the assets rights or revenues of either of the Issuers and any such action is not lifted or discharged within 14 days; or

Accelerated Repayment. If at any time, the Company is of the opinion that there is mis-representation / defect in declarations/documents provided by the customer to the Company, the Company may, at its sole discretion, may require the Borrower to immediately repay the Loan, together with interest and all other charges thereon.

Accelerated Repayment. 15.1 If there is: 15.1.1 a Change in Law which renders, will render or may have the effect of rendering the Finance Documents, or anything done or to be done pursuant thereto, illegal, invalid or unenforceable and the Parties fail in their endeavours to agree to rectify such illegality, invalidity or unenforceability (provided such illegality, invalidity or unenforceability is capable of being rectified), or agree upon alternative acceptable provisions, within 15 (fifteen) Business Days or such longer period as may be agreed to in writing between the Parties, after receipt by the Borrower of such notice from the Lender advising the Borrower of the relevant change; or 15.1.2 a Change in Law which the Lender reasonably expects to occur or has occurred that will, in the reasonable opinion of the Lender, adversely affect or have an adverse effect on the Lender or any transactions contemplated by the Finance Documents, after the Lender and the Borrower have failed to agree upon an acceptable solution within 15 (fifteen) Business Days of written notice by the Lender to the Borrower, 15.1.3 then the Lender shall, in addition to and without prejudice to any other rights the Lender may have in terms of this Agreement or in law and after consultation, in good faith, with the Borrower, be entitled to cancel this Agreement and the provisions of clause 13.1 and 13.2.5 shall apply mutatis mutandis. 15.2 The Lender shall provide the Borrower with such reasonable details in writing as to how such Change in Law which the Lender expects to occur or has occurred will adversely affect or have an adverse effect on the Lender or any transactions contemplated by the Finance Documents, provided that it shall not be under any obligation under this clause to disclose any confidential information relating to its affairs.

Accelerated Repayment. The Notes shall become immediately repayable at par together with any accrued interest on the occurrence of any of the following events:

Accelerated Repayment. 6.1 The Notes shall become immediately repayable on demand at par together with interest (less any income or other tax required by law to be deducted) if the Company fails to repay the principal amount of the Notes or any part of them or pay any interest thereon within 14 days after the due date for such repayment or payment.