Common use of Acceleration and Cancellation Clause in Contracts

Acceleration and Cancellation. On and at any time after the occurrence of an Event of Default the Agent may, and shall if so instructed by the Majority Lenders, by notice to the Borrower:

Appears in 2 contracts

Samples: Agreement (Hamilton Insurance Group, Ltd.), Assignment Agreement (Hamilton Insurance Group, Ltd.)

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Acceleration and Cancellation. On and at any time after 23.2.1 Upon the occurrence of an Event of Default and at any time thereafter while such Event of Default is continuing, the Agent may, may and shall if so instructed by upon the direction of the Combined Majority Lenders and the Majority Lenders, Lenders by notice to the Borrower:

Appears in 2 contracts

Samples: Mercer International Inc., Mercer International Inc.

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Acceleration and Cancellation. On and at any time after Upon the occurrence of an Event of Default and at any time thereafter while such Event of Default is continuing, the Facility Agent may, may and shall if so instructed by upon the direction of the Majority Lenders, Lenders by notice to the Borrower:

Appears in 1 contract

Samples: Facility Agreement (First Solar, Inc.)

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