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 Customer or any Guarantor to another creditor under any indenture, agreement, undertaking, or otherwise.

Appears in 21 contracts

Samples: Loan and Security Agreement (Dynacq Healthcare Inc), Loan and Security Agreement (KSW Inc), Loan Agreement (Dreams 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 Customer or any Guarantor Grantor to another creditor under any indenture, agreement, undertaking, or otherwise.

Appears in 16 contracts

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

Acceleration of Debt to Other Creditors. Any event shall occur which results in the acceleration of the maturity of any indebtedness of $100,000.00 500,000 or more of Customer or any Guarantor to another creditor under any indenture, agreement, undertaking, or otherwise.

Appears in 1 contract

Samples: Loan and Security Agreement (Continucare Corp)

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 Customer or any Guarantor to another creditor under any indenture, agreement, undertaking, or otherwise.

Appears in 1 contract

Samples: Loan Agreement (Genesis Media Group Inc /De/)

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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 1,000,000.00 or more of Customer or any Guarantor to another creditor under any indenture, agreement, undertaking, or otherwise.

Appears in 1 contract

Samples: Loan Agreement (Gt Bicycles Inc)

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