Acceleration and Cancellation. Upon the occurrence of an Event of Default at any time thereafter while that Event of Default is continuing, the Agent may (and, if so instructed by the Majority Banks shall) by notice to the Account Party:
Appears in 3 contracts
Samples: Charge Agreement (Ace LTD), Charge Agreement (Ace LTD), Ace LTD
Acceleration and Cancellation. Upon the occurrence of an Event of Default at any time thereafter while that Event of Default is continuing, the Agent may (and, if so instructed by the Majority Banks Banks, shall) by notice to the Account Party:
Appears in 2 contracts
Samples: Confidentiality Agreement (Ace LTD), Original Agreement (Ace LTD)
Acceleration and Cancellation. Upon the occurrence of an Event of Default at any time thereafter while that Event of Default is continuing, the Agent may (and, if so instructed by the Majority Banks Banks, shall) by notice to the Account PartyBorrower:
Appears in 2 contracts
Samples: Confidentiality Agreement (Ace LTD), Confidentiality Agreement (Ace LTD)
