Common use of Acceleration and Cancellation Clause in Contracts

Acceleration and Cancellation. Upon the occurrence of an Event of Default and at any time thereafter whilst it is continuing, the Agent may (and, if so instructed by an Instructing Group, shall) by notice to the Parent and the Principal Borrower (on its own behalf and on behalf of the other Borrowers):

Appears in 2 contracts

Samples: Credit Agreement (NTL Europe Inc), Agreement (NTL Inc/De/)

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Acceleration and Cancellation. Upon the occurrence of an Event of Default and at any time thereafter whilst it such event is continuing, the Agent may (and, if so instructed by an Instructing Group, shall) by written notice to the Parent and the Principal Borrower (on its own behalf and on behalf of the other Borrowers):Parent:

Appears in 1 contract

Samples: NTL Inc

Acceleration and Cancellation. Upon the occurrence of an Event of Default and at any time thereafter whilst it is continuingthereafter, the Administrative Agent may (and, if so instructed by an Instructing Group, shall) by notice to the Parent and the Principal Borrower (on its own behalf and on behalf of the other Borrowers):Borrower:

Appears in 1 contract

Samples: Gulfmark Offshore Inc

Acceleration and Cancellation. Upon the occurrence of an Event of Default and or at any time thereafter whilst it if the same is still continuing, the Agent may (and, if so instructed by an Instructing Group, shall) by written notice to the Parent and the Principal Borrower (on its own behalf and on behalf of the other Borrowers):Borrower:

Appears in 1 contract

Samples: Adt Limited

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Acceleration and Cancellation. Upon the occurrence of an Event of Default Default, and at any time thereafter whilst it for so long as such event is continuingcontinuing or has not been waived, the Facility Agent may (and, if so instructed by an the Instructing Group, shall) by notice to the Parent and the Principal Borrower (on its own behalf and on behalf of the other Borrowers):Borrower:

Appears in 1 contract

Samples: Facility Agreement (Micron Technology Inc)

Acceleration and Cancellation. Upon the occurrence of an Event of Default and or at any time thereafter whilst it if the same is still continuing, the Facility Agent may (and, if so instructed by an Instructing Group, shall) by written notice to the Parent and the Principal Borrower (on its own behalf and on behalf of the other Borrowers):Borrower:

Appears in 1 contract

Samples: Agreement (Central European Media Enterprises LTD)

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