Common use of Acceleration of Debt to Other Creditors Clause in Contracts

Acceleration of Debt to Other Creditors. Any event shall occur which results in the acceleration of the maturity of any indebtedness of $100,000.00 or more of Grantor to another creditor under any indenture, agreement, undertaking, or otherwise.

Appears in 17 contracts

Samples: Security Agreement, Loan and Security Agreement (Derma Sciences Inc), Loan and Security Agreement (Yp Net Inc)

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Acceleration of Debt to Other Creditors. Any event shall occur which results in the acceleration of the maturity of any indebtedness of $100,000.00 or more of Grantor Customer to another creditor under any indenture, agreement, undertaking, or otherwise.

Appears in 14 contracts

Samples: Loan Agreement, Loan and Security Agreement (Stockeryale Inc), Loan and Security Agreement (Stockeryale Inc)

Acceleration of Debt to Other Creditors. Any event shall occur which results in the acceleration of the maturity of any indebtedness of $100,000.00 or more of Grantor Customer or any Guarantor to another creditor under any indenture, agreement, undertaking, or otherwise.,

Appears in 4 contracts

Samples: Loan and Security Agreement (Rent a Wreck of America Inc), Loan and Security Agreement (Rent a Wreck of America Inc), Loan and Security Agreement (Rent a Wreck of America Inc)

Acceleration of Debt to Other Creditors. Any event shall occur which results in the acceleration of the maturity of any indebtedness of $100,000.00 100,000 or more of Grantor Customer or any Guarantor to another creditor under any indenture, agreement, undertaking, or otherwise.

Appears in 1 contract

Samples: Loan and Security Agreement (Cd Warehouse Inc)

Acceleration of Debt to Other Creditors. Any event shall occur which results in the acceleration of the maturity of any indebtedness of $100,000.00 100.000.00 or more of Grantor Customer or any Guarantor to another creditor under any indenture, agreement, undertaking, or otherwise.

Appears in 1 contract

Samples: Loan and Security Agreement (Rent a Wreck of America Inc)

Acceleration of Debt to Other Creditors. Any event shall occur which results in the acceleration of the maturity of any indebtedness of $100,000.00 10,000,000.00 or more of Grantor Customer to another creditor under any indenture, agreement, undertaking, or otherwise.

Appears in 1 contract

Samples: Loan Agreement (Evergreen International Aviation Inc)

Acceleration of Debt to Other Creditors. Any event shall occur which results in the acceleration of the maturity of any indebtedness of $100,000.00 1,000,000 or more of Grantor Customer or any Guarantor to another creditor under any indenture, agreement, undertaking, or otherwise.

Appears in 1 contract

Samples: Loan and Security Agreement (Barbeques Galore LTD)

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Acceleration of Debt to Other Creditors. Any event shall occur which results in the acceleration of the maturity of any indebtedness of $100,000.00 500,000.00 or more of Grantor Customer to another creditor under any indenture, agreement, undertaking, or otherwise.

Appears in 1 contract

Samples: Note and Loan Agreement (Minimed Inc)

Acceleration of Debt to Other Creditors. Any event shall occur which results in the acceleration of the maturity of any indebtedness of $100,000.00 or more of Grantor Customer or any Guarantor to another creditor under any indenture, agreement, undertaking, undertaking or otherwise.

Appears in 1 contract

Samples: Loan Agreement (Lakeland Industries Inc)

Acceleration of Debt to Other Creditors. Any event shall occur which results in the acceleration of the maturity of any indebtedness of $100,000.00 100,000 00 or more of OF Grantor to another creditor under any indenture, agreement, undertaking, or otherwise.

Appears in 1 contract

Samples: Lynch Security Agreement (Rent a Wreck of America Inc)

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