ACCELERATION NOTICES. (a) The Administrative Agent may give the Revolving Credit Lenders a Notice of Acceleration at any time during the existence of an Event of Default. (b) The Majority Lenders may give the Administrative Agent a Notice of Acceleration at any time during the existence of an Event of Default. Such notice may be by multiple counterparts.
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Samples: Loan and Security Agreement (Claires Stores Inc), Loan and Security Agreement (Officemax Inc /Oh/)
ACCELERATION NOTICES. (a) The Administrative Agent may give the Collateral Agent and Revolving Credit Lenders a an Acceleration Notice of Acceleration at any time during following the existence occurrence of an Event of Default.
(b) The Majority Revolving Credit Lenders may give the Administrative Agent a an Acceleration Notice of Acceleration at any time during following the existence occurrence of an Event of Default. Such notice may be by multiple counterparts.
Appears in 2 contracts
Samples: Loan and Security Agreement (Casual Male Retail Group Inc), Loan and Security Agreement (Casual Male Retail Group Inc)
ACCELERATION NOTICES. (a) The Administrative Agent may give the Revolving Credit Lenders a Notice of Acceleration at any time during the existence of an Event of Default.
(b) The Majority Lenders may give the Administrative Agent a Notice of Acceleration at any time during the existence of an Event of Default. Such notice may be by multiple counterparts.
Appears in 2 contracts
Samples: Loan and Security Agreement (Shopko Stores Inc), Loan and Security Agreement (Shopko Stores Inc)
ACCELERATION NOTICES. (a) The Administrative Agent may give the Revolving Credit Collateral Agent and Term Lenders a an Acceleration Notice of Acceleration at any time during following the existence occurrence of an Event of Default.
(b) The Majority Term Lenders may give the Administrative Agent a an Acceleration Notice of Acceleration at any time during following the existence occurrence of an Event of Default. Such notice may be by multiple counterparts.
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Samples: Term Loan and Security Agreement (Destination Xl Group, Inc.)
ACCELERATION NOTICES. (a) The Administrative Agent may give the Revolving Credit Lenders a an Acceleration Notice of Acceleration at any time during following the existence occurrence of an Event of Default.
(b) The Majority Lenders may give the Administrative Agent a an Acceleration Notice of Acceleration at any time during following the existence 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.
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