Common use of Acceleration and Remedies Clause in Contracts

Acceleration and Remedies. 5.1.1 Upon the acceleration of the Obligations under the Credit Agreement pursuant to Article VII thereof, the Obligations under the Credit Agreement and, to the extent provided for under the Swap Agreements and the Banking Services Agreements evidencing the same, the Swap Obligations and the Banking Services Obligations, shall immediately become due and payable without presentment, demand, protest or notice of any kind, all of which are hereby expressly waived, and the Administrative Agent may, with the concurrence or at the direction of the Required Lenders, exercise any or all of the following rights and remedies:

Appears in 7 contracts

Samples: Pledge and Security Agreement (Tredegar Corp), Pledge and Security Agreement, Pledge and Security Agreement (Tredegar Corp)

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Acceleration and Remedies. 5.1.1 Upon the acceleration of the Obligations under the Credit Agreement pursuant to Article VII thereof, the Obligations under the Credit Agreement and, to the extent provided for under the Swap Agreements and the Banking Services Agreements evidencing the same, the Swap Obligations and the Banking Services Obligations, shall immediately become due and payable without presentment, demand, protest or notice of any kind, all of which are hereby expressly waived, and the Administrative Agent may, with the concurrence or at the direction of the Required Lenders, exercise any or all of the following rights and remedies:

Appears in 2 contracts

Samples: Pledge and Security Agreement (Priceline Com Inc), Pledge and Security Agreement (Innerworkings Inc)

Acceleration and Remedies. 5.1.1 Upon the acceleration of the Secured Obligations under the Credit Agreement pursuant to Article VII Section 8.1 thereof, the Obligations under the Credit Agreement and, to the extent provided for under the Swap Agreements Rate Management Transactions and the Banking Services Agreements evidencing the same, the Swap Rate Management Obligations and the Banking Services Obligations, as applicable, shall immediately become due and payable without presentment, demand, protest or notice of any kind, all of which are hereby expressly waived, and the Administrative Agent may, with the concurrence or at the direction of the Required LendersSecured Parties, exercise any or all of the following rights and remedies:

Appears in 2 contracts

Samples: Pledge and Security Agreement, Pledge and Security Agreement (Encore Capital Group Inc)

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Acceleration and Remedies. 5.1.1 Upon the acceleration of the Obligations under the Credit Agreement pursuant to Article VII thereof, the Obligations under the Credit Agreement and, to the extent provided for under the Swap Agreements and the Banking Services Agreements agreements evidencing the same, the Swap Obligations and the Banking Services Obligations, shall immediately become due and payable without presentment, demand, protest or notice of any kind, all of which are hereby expressly waived, and the Administrative Agent may, with the concurrence or at the direction of the Required Lenders, exercise any or all of the following rights and remedies:

Appears in 1 contract

Samples: Pledge and Security Agreement (Myr Group Inc.)

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