Common use of Acceleration and Termination Clause in Contracts

Acceleration and Termination. Upon the occurrence of any Event of Default described in SECTIONS 9.01(f) or 9.01(g), the unpaid principal amount of, and any and all accrued interest on, the Obligations and all accrued fees shall automatically become immediately due and payable, without presentment, demand, or protest or other requirements of any kind (including, without limitation, valuation and appraisement, diligence, presentment, notice of intent to demand or accelerate and of acceleration), all of which are hereby expressly waived by the Issuer; and upon the occurrence and during the continuance of any other Event of Default, the Majority Holders may, by written notice to the Issuer, declare the unpaid principal amount of and any and all accrued and unpaid interest on the Obligations to be, and the same shall thereupon be, immediately due and payable, without presentment, demand, or protest or other requirements of any kind (including, without limitation, valuation and appraisement, diligence, presentment, notice of intent to demand or accelerate and of acceleration), all of which are hereby expressly waived by the Issuer.

Acceleration and Termination. Upon the occurrence of any Event of Default described in SECTIONS 9.01(f10.01(f) or 9.01(g10.01(g), the unpaid principal amount of, and any and all accrued interest on, the Obligations and all accrued fees shall automatically become immediately due and payable, without presentment, demand, or protest or other requirements of any kind (including, without limitation, valuation and appraisement, diligence, presentment, notice of intent to demand or accelerate and of acceleration), all of which are hereby expressly waived by the IssuerBorrower; and upon the occurrence and during the continuance of any other Event of Default, the Majority Holders Lender may, by written notice to the IssuerBorrower, declare the unpaid principal amount of and any and all accrued and unpaid interest on the Obligations to be, and the same shall thereupon be, immediately due and payable, without presentment, demand, or protest or other requirements of any kind (including, without limitation, valuation and appraisement, diligence, presentment, notice of intent to demand or accelerate and of acceleration), all of which are hereby expressly waived by the IssuerBorrower.

Acceleration and Termination. Upon the occurrence of any Event of Default described in SECTIONS 9.01(fSection 11.1(f) or 9.01(g)11.1(g) with respect to the Borrower, the unpaid principal amount of, and any and all accrued interest on, the Obligations and all accrued fees shall automatically become immediately due and payable, without presentment, demand, or protest or other requirements of any kind (including, without limitation, valuation and appraisement, diligence, presentment, notice of intent to demand or accelerate and of acceleration), all of which are hereby expressly waived by the IssuerBorrower; and upon the occurrence and during the continuance of any other Event of Default, the Majority Holders mayAdministrative Agent shall at the request, or may with the consent, of the Requisite Lenders, by written notice to the IssuerBorrower, declare the unpaid principal amount of and any and all accrued and unpaid interest on the Obligations to be, and the same shall thereupon be, immediately due and payable, without presentment, demand, or protest or other requirements of any kind (including, without limitation, valuation and appraisement, diligence, presentment, notice of intent to demand or accelerate and of acceleration), all of which are hereby expressly waived by the IssuerBorrower.

Acceleration and Termination. Upon the occurrence of any Event of Default described in SECTIONS 9.01(fSections 11.1(f) or 9.01(g11.1(g), the unpaid principal amount of, and any and all accrued interest on, the Obligations and all accrued fees shall automatically become immediately due and payable, without presentment, demand, or protest or other requirements of any kind (including, without limitation, valuation and appraisement, diligence, presentment, notice of intent to demand or accelerate and of acceleration), all of which are hereby expressly waived by the IssuerBorrower; and upon the occurrence and during the continuance of any other Event of Default, the Majority Holders mayAdministrative Agent shall at the request, or may with the consent, of the Requisite Lenders, by written notice to the IssuerBorrower, declare the unpaid principal amount of and any and all accrued and unpaid interest on the Obligations to be, and the same shall thereupon be, immediately due and payable, without any other presentment, demand, or protest or other requirements of any kind (including, without limitation, valuation and appraisement, diligence, presentment, notice of intent to demand or accelerate and of acceleration), all of which are hereby expressly waived by the IssuerBorrower.