Common use of Acceleration by Declaration Clause in Contracts

Acceleration by Declaration. If an Event of Default described in paragraph (a) or (b) of Section 4 of this Note has occurred and is continuing, the Company may at any time declare this Note to be immediately due and payable.

Appears in 4 contracts

Samples: Non Recourse Note (Icon Health & Fitness Inc), Non Recourse Note (510152 N B LTD), Non Recourse Note (Icon Health & Fitness Inc)

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