Common use of Acceleration of Note Clause in Contracts

Acceleration of Note. In the event Contractor breaches any of the terms and conditions of this Agreement after notice and an opportunity to cure as provided in Exhibit D herein, the Contractor will be in default of the terms and conditions of this Agreement as well as the Note, and the County may demand immediate and full payment of the principal amount of the Note and any accrued interest, and/or may initiate foreclosure proceedings under the Deed of Trust.

Appears in 4 contracts

Samples: Agreement, Agreement, Agreement

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Acceleration of Note. In the event Contractor breaches any of the terms and conditions of this Agreement after notice and an opportunity to cure as provided in Exhibit D E herein, the Contractor will be in default of the terms and conditions of this Agreement as well as the Note, and the County may demand immediate and full payment of the principal amount of the Note and any accrued interest, and/or may initiate foreclosure proceedings under the Deed of Trust.

Appears in 4 contracts

Samples: Agreement, Agreement, Agreement

Acceleration of Note. In the event Contractor breaches any of the terms and conditions of this Agreement after notice and an opportunity to cure as provided in Exhibit D E herein, the Contractor will be in default of the terms and conditions of this Agreement as well as the Note, and the County may demand immediate and full payment of the principal amount balance of the Note and plus any accrued interest, and/or may initiate foreclosure proceedings under the Deed of Trust.

Appears in 1 contract

Samples: Agreement

Acceleration of Note. In the event Contractor breaches any of the terms and conditions of this Agreement after notice and an opportunity to cure as provided in Exhibit D E herein, the Contractor will be in default of the terms and conditions of this Agreement as well as the Note, and the County may demand immediate and full payment of the principal amount of the Note and any accrued interestNote, and/or may initiate foreclosure proceedings under the Deed of Trust.

Appears in 1 contract

Samples: Agreement

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Acceleration of Note. In the event Contractor breaches any of the terms and conditions of this Agreement after notice and an opportunity to cure as provided in Exhibit D E herein, the Contractor will be in default of the terms and conditions of this Agreement as well as the NoteNotes, and the County may demand immediate and full payment of the principal amount of the Note Notes and any accrued interest, and/or may initiate foreclosure proceedings under the Deed Deeds of Trust.

Appears in 1 contract

Samples: Agreement

Acceleration of Note. In the event Contractor breaches any of the terms and conditions of this Agreement after notice and an opportunity to cure as provided in Exhibit D hereincure, the Contractor will be in default of the terms and conditions of this Agreement as well as the Note, and the County may demand immediate and full payment of the principal amount of the Note and any accrued interest, and/or may initiate foreclosure proceedings under the Deed of Trust.

Appears in 1 contract

Samples: Agreement

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