Acceleration of Indebtedness. Upon the occurrence of an Event of Default, all of the Indebtedness may, at the option of Lender and without demand, notice or legal process of any kind, be declared, and immediately shall become, due and payable.
Acceleration of Indebtedness. Any event which results in the acceleration of the maturity of the indebtedness of Debtor to others under any indenture, agreement or undertaking other than the Obligations; or
Acceleration of Indebtedness. Accelerate or constitute an ---------------------------- event entitling the holder of any indebtedness of any of the Companies to accelerate the maturity of any such indebtedness or to increase the rate of interest presently in effect thereon; or
Acceleration of Indebtedness. The Bank may accelerate payment of all of the indebtedness evidenced by the Note and all other indebtedness owing under the Loan Documents and declare the same to be immediately due and payable, and the Bank will thereafter be entitled to foreclose the Mortgage and proceed to selectively and successively enforce its rights under the Loan Documents or any one or more of them; provided that if any Default occurs under paragraph 11.6 or paragraph 11.7 hereof, all indebtedness evidenced by the Borrower’s Note and the other Loan Documents will be automatically accelerated without an election of the Bank and will become immediately due and payable without protest, presentment, notice or demand, all of which are hereby expressly waived by the Borrower, and the Bank will thereafter be entitled to selectively and successively enforce its rights under the Loan Documents or any one or more of them.
Acceleration of Indebtedness. Upon the occurrence of any of the Events of Default described in Section 8.1.3 hereunder which is not cured by the Borrower or waived by the Bank within thirty (30) days after the earlier of the date of notice to the Borrower by the Bank of such Default or the date the Bank is notified, or should have been notified, pursuant to the Borrower's obligation under Section 6.1.7 of this Agreement, of such Default, or upon the occurrence of any of the Events of Default described in Section 8.1.1, Section 8.1.2 or Sections 8.1.4, 8.1.5, 8.1.7 through 8.1.10, all Indebtedness shall be due and payable in full forthwith at the option of the Bank without presentation, demand, protest, notice of intent to accelerate, notice of acceleration, notice of dishonor, or other notice of any kind, all of which are hereby expressly waived. Upon the occurrence of any Event of Default described in Section 8.1.6, all commitments and other lending obligations, if any, of the Bank hereunder shall immediately terminate, and the entire principal amount of all Indebtedness then outstanding together with interest then accrued thereon shall become immediately due and payable, all without written notice and without presentment, demand, protest, notice of protest, notice of intent to accelerate, notice of acceleration, or dishonor or any other notice of default of any kind, all of which are hereby expressly waived by the Borrower. Unless all of the Indebtedness is then fully paid, the Bank shall have and may exercise any one or more of the rights and remedies for which provision is made for a secured party under the UCC, under the Security Agreement or under any other document contemplated hereby, including, without limitation, the right to take possession and sell, lease or otherwise dispose of any or all of the Collateral and to set-off against the Indebtedness any amount owing by the Bank to the Borrower. The Borrower agrees, upon request of the Bank, to assemble the Collateral and make it available to the Bank at any place designated by the Bank which is reasonably convenient to the Bank and the Borrower.
Acceleration of Indebtedness. If a Default occurs, and subject to any obligations of Mortgagee to deliver or give notice of a Default in accordance with applicable laws and the terms of this Mortgage and the other Transaction Documents, Mortgagee may declare any or all of the Secured Obligations to be forthwith due and payable (subject to any applicable limitation in the Facility Agreement), and upon such declaration such Secured Obligations shall immediately become due and payable without demand or notice.
Acceleration of Indebtedness. Upon the occurrence of any of the Events of Default described in Section 11.1, the Lender may discontinue Advances and/or all Indebtedness may be declared due and payable in full forthwith at the option of the Lender without presentation, demand, protest, notice of dishonor or other notice of any kind, all of which are hereby expressly waived. Unless all of the Indebtedness is then fully paid, the Lender shall have and may setoff against the Indebtedness any amount owing by the Lender to the Borrower.
Acceleration of Indebtedness. If any Event of Default specified in ---------------------------- Section 8.7 hereof shall occur, the obligations of the Bank hereunder (including ----------- the Revolving Commitment) shall automatically be terminated and the Notes and all other Indebtedness (including contingent Reimbursement Obligations under outstanding Letters of Credit) shall become immediately due and payable, all without notice or demand. If any other Event of Default shall occur, the Bank may, at its option, without notice or demand, terminate its obligations hereunder (including the Revolving Commitment) and declare the Notes and all other Indebtedness (including contingent Reimbursement Obligations under outstanding Letters of Credit) to be immediately due and payable, whereupon the same shall become forthwith due and payable.
Acceleration of Indebtedness. Grantee may immediately declare all or any portion of the Indebtedness to be immediately due and payable, whereupon the same shall be and shall become due and payable forthwith without presentment, demand, protest or notice of any kind, all of which are expressly waived by Grantor.
Acceleration of Indebtedness. Upon the happening of any Event of Default, or at any time thereafter during the continuance of such Event of Default, Xxxxxxx shall be entitled, by written notice to Borrower, to declare the entire unpaid balances of principal and interest of the Term Note and all other payments required to be made by Borrower under the Term Note or under any of the Loan Instruments to be immediately due and payable, without presentation, demand, protest, notice of protest, or other notice of dishonor of any kind, all of which are hereby expressly waived. Upon the occurrence of an Event of Default and Xxxxxxx’x election to accelerate the maturity of the Term Note, Xxxxxxx shall be entitled to enforce any and all of his rights under the Loan Instruments.
