Common use of Acceleration of Due Date Clause in Contracts

Acceleration of Due Date. The entire unpaid principal balance of this Note, together with all accrued and unpaid interest thereon, shall, at the election of Lender, become immediately due and payable upon the occurrence of any of the following, irrespective of the payment schedule set forth in Paragraph 1 of this Note:

Appears in 2 contracts

Samples: Unit Purchase Agreement (Immune Response Corp), Unit Purchase Agreement (Immune Response Corp)

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Acceleration of Due Date. The entire unpaid principal balance of this Note, together with all accrued and unpaid interest thereon, if any, shall, at the election of LenderXxxxxx, become immediately due and payable upon the occurrence of any of the following, irrespective of the payment repayment schedule set forth in Paragraph paragraph 1 of this Note:

Appears in 2 contracts

Samples: Incyte Genomics Inc, Incyte Genomics Inc

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