Common use of Acceleration of Loan Clause in Contracts

Acceleration of Loan. On the service of a notice under Clause 10.2(b), the Loan and all other amounts accrued or owing from the Borrower under this Agreement shall become immediately due and payable or, as the case may be, payable on demand.

Appears in 7 contracts

Samples: Agreement (Golar LNG LTD), Agreement (Exmar Energy Partners LP), Purchase, Sale and Contribution Agreement (Golar LNG Partners LP)

AutoNDA by SimpleDocs

Acceleration of Loan. On the service of a notice under paragraph (b) of Clause 10.2(b)7.2, the Loan Loan, all accrued interest and all other amounts accrued or owing from the Borrower Borrowers under this Agreement shall become immediately due and payable or, as the case may be, payable on demand.

Appears in 3 contracts

Samples: Loan Agreement (Diana Shipping Inc.), Loan Agreement (Diana Containerships Inc.), Loan Agreement (Diana Containerships Inc.)

Acceleration of Loan. On the service of a notice under paragraph (b) of Clause 10.2(b)7.2, the Loan Loan, all accrued interest and all other amounts accrued or owing from the Borrower under this Agreement shall become immediately due and payable or, as the case may be, payable on demand.

Appears in 3 contracts

Samples: www.sec.gov, Loan Agreement (Box Ships Inc.), Loan Agreement (Box Ships Inc.)

AutoNDA by SimpleDocs

Acceleration of Loan. On the service of a notice under Clause 10.2(b11.2(b), the Loan and all other amounts accrued or owing from the Borrower under this Agreement shall subject to Clause 2.3 become immediately due and payable or, as the case may be, payable on demand.

Appears in 2 contracts

Samples: Loan Agreement (Cool Co Ltd.), Loan Agreement (Cool Co Ltd.)

Time is Money Join Law Insider Premium to draft better contracts faster.