Common use of Acceleration after Default Clause in Contracts

Acceleration after Default. If any Event of Default occurs and is continuing (whether it is voluntary or involuntary, or results from operation of law or otherwise), IFC may, by notice to the Borrower, require the Borrower to repay the Loans or such part of the Loans as is specified in that notice. On receipt of any such notice, the Borrower shall immediately repay the Loans (or that part of the Loans specified in that notice) and pay all interest accrued on it, the prepayment premium specified in Section 2.06 on the amount of the Loans whose payment is accelerated and any other amounts then payable under this Agreement and the other Transaction Documents. The Borrower waives any right it might have to further notice, presentment, demand or protest with respect to that demand for immediate payment.

Acceleration after Default. If any Event of Default occurs and is continuing (whether it is voluntary or involuntary, or results from operation of law or otherwise), IFC may, by notice to the Borrower, require the Borrower to repay the Loans Loan or such part of the Loans Loan as is specified in that notice. On receipt of any such notice, the Borrower shall immediately repay the Loans Loan (or that part of the Loans Loan specified in that notice) and pay all interest accrued on it, the prepayment premium specified in Section 2.06 on the amount of the Loans Loan whose payment is accelerated and any other amounts then payable under this Agreement and the other Transaction DocumentsAgreement. The Borrower waives any right it might have to further notice, presentment, demand or protest with respect to that demand for immediate payment.

Acceleration after Default. If any Event of Default occurs and is continuing (whether it is voluntary or involuntary, or results from operation of law or otherwise), IFC any Senior Lender may, by notice to the Borrower, require the Borrower to repay the Loans its Senior Loan or such part of the Loans its Senior Loan as is specified in that notice. On receipt of any such notice, the Borrower shall immediately repay the Loans such Senior Loan (or that part of the Loans such Senior Loan specified in that notice) and pay all interest accrued on it, the prepayment premium specified in Section 2.06 on Make Whole Amount with respect to the amount of the Loans whose IFC Loan the payment of which is being accelerated and any other amounts then payable under this Agreement and the other Transaction DocumentsAgreement. The Borrower waives any right it might have to further notice, presentment, demand or protest with respect to that demand for immediate payment.

Acceleration after Default. If any Event of Default occurs and is continuing (whether it is voluntary or involuntary, or results from operation of law or otherwise), IFC OFID may, by notice to the Borrower, require the Borrower to repay the Loans Loan or such part of the Loans Loan as is specified in that notice. On receipt of any such notice, notice the Borrower shall immediately repay the Loans Loan (or that part of the Loans Loan specified in that notice) and pay all interest accrued on it, the prepayment premium specified in Section 2.06 2.07A on the amount of the Loans Loan whose payment is accelerated and any other amounts then payable under this Agreement and the other Transaction DocumentsAgreement. The Borrower waives any right it might have to further notice, presentment, demand or protest with respect to that demand for immediate payment.

Acceleration after Default. If any Event of Default occurs and is continuing (whether it is voluntary or involuntary, or results from operation of law or otherwise), IFC may, by notice to the Borrower, require the Borrower to repay the Loans C Loan or such part of the Loans C Loan as is specified in that notice. On receipt of any such notice, the Borrower shall immediately repay the Loans C Loan (or that part of the Loans C Loan specified in that notice) and pay all interest accrued on it, the prepayment premium specified in Section 2.06 2.07 on the amount of the Loans C Loan whose payment is accelerated and any other amounts then payable under this Agreement and the other Transaction DocumentsAgreement. The Borrower waives any right it might have to further notice, presentment, demand or protest with respect to that demand for immediate payment.

Acceleration after Default. If any Event of Default occurs and is continuing (whether it is voluntary or involuntary, or results from operation of law or otherwise), IFC may, by notice to the Borrower, require the Borrower to repay the Loans IFC Loan or such part of the Loans IFC Loan as is specified in that notice. On receipt of any such notice, the Borrower shall immediately repay the Loans IFC Loan (or that part of the Loans IFC Loan Amended and Restated Loan Agreement specified in that notice) and pay all interest accrued on it, the prepayment premium specified in Section 2.06 on the amount of the Loans whose payment is accelerated it and any other amounts then payable under this Agreement and the other Transaction DocumentsAgreement. The Borrower waives any right it might have to further notice, presentment, demand or protest with respect to that demand for immediate payment.

Acceleration after Default. If any Event of Default occurs and is continuing (whether it is voluntary or involuntary, or results from operation of law or otherwise), IFC may, by notice to the Borrower, require the Borrower to repay the Loans Loan or such part of the Loans Loan as is specified in that notice. On receipt of any such notice, the Borrower shall immediately repay the Loans Loan (or that part of the Loans Loan specified in that notice) and pay all interest accrued on it, the prepayment premium specified in Section 2.06 3.06 (if applicable) on the amount of the Loans Loan whose payment is accelerated and any other amounts then payable under this Agreement and the other Transaction DocumentsAgreement. The Borrower waives any right it might have to further notice, presentment, demand or protest with respect to that demand for immediate payment.