ACCELERATION NOTICES. (a) The Agent may give the Revolving Credit Lenders an Acceleration Notice at any time following the occurrence of an Event of Default. (b) The SuperMajority Lenders may give the Agent an Acceleration Notice at any time following the occurrence of an Event of Default. Such notice may be by multiple counterparts, provided that counterparts executed by the requisite Revolving Credit Lenders are received by the Agent within a period of five (5) consecutive Business Days.
Appears in 8 contracts
Samples: Loan and Security Agreement (Hastings Entertainment Inc), Loan and Security Agreement (Hastings Entertainment Inc), Loan and Security Agreement (Drugmax Inc)
ACCELERATION NOTICES. (a) The Administrative Agent may give the Revolving Credit Lenders an Acceleration Notice at any time following the occurrence of an Event of Default.
(b) The SuperMajority Lenders may give the Administrative Agent an Acceleration Notice at any time following the occurrence of an Event of Default. Such notice may be by multiple counterparts, provided that counterparts executed by the requisite Revolving Credit Lenders are received by the Administrative Agent within a period of five (5) consecutive Business Days.
Appears in 6 contracts
Samples: Loan and Security Agreement (DSW Inc.), Loan and Security Agreement (DSW Inc.), Loan and Security Agreement (Retail Ventures Inc)
ACCELERATION NOTICES. (a) The Agent may give the Revolving Credit Lenders an Acceleration Notice at any time following during the occurrence continuance of an Event of Default.
(b) The SuperMajority Lenders may give the Agent an Acceleration Notice at any time following during the occurrence continuance of an Event of Default. Such notice may be by multiple counterparts, provided that counterparts executed by the requisite Revolving Credit Lenders are received by the Agent within a period of five Five (5) consecutive Business Days.
Appears in 3 contracts
Samples: Loan and Security Agreement (Gander Mountain Co), Loan and Security Agreement (Gander Mountain Co), Loan and Security Agreement (Gander Mountain Co)
ACCELERATION NOTICES. (a) The Agent may give the Revolving Credit Lenders an Acceleration Notice at any time following during the occurrence continuance of an Event of Default.
(b) The SuperMajority Lenders may give the Agent an Acceleration Notice at any time following during the occurrence continuance of an Event of Default. Such notice may be by multiple counterparts, provided that counterparts executed by the requisite Revolving Credit Lenders are received by the Agent within a period of five Five (5) consecutive Business Days.
Appears in 2 contracts
Samples: Loan and Security Agreement (Gander Mountain Co), Loan and Security Agreement (Gander Mountain Co)
ACCELERATION NOTICES. (ai) The Administrative Agent may give the Collateral Agent and the Revolving Credit Lenders an Acceleration Notice at any time following the occurrence of an Event of Default.
(bii) The SuperMajority Lenders may give the Administrative Agent an Acceleration Notice at any time following the occurrence of an Event of Default. Such notice may be by multiple counterparts, provided that PROVIDED THAT counterparts executed by the requisite Revolving Credit Lenders are received by the Administrative Agent within a period of five (5) consecutive Business Days.
Appears in 1 contract
Samples: Loan Agreement (Natural Wonders Inc)
