Common use of Acceleration of Notes Clause in Contracts

Acceleration of Notes. If payment of the Notes is accelerated because of an Event of Default, the Company shall promptly notify the Credit Facility Agent and each holder of the Senior Indebtedness of the Company or any Guarantor of the acceleration.

Appears in 2 contracts

Samples: Indenture (Pool Energy Services Co), Indenture (Eagle Picher Holdings Inc)

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Acceleration of Notes. If payment of the Notes is accelerated because of an Event of Default, the Company shall promptly notify the Credit Facility Agent and each holder holders of the Senior Indebtedness of the Company or any Guarantor of the acceleration.

Appears in 2 contracts

Samples: Indenture (Healthsouth Corp), Indenture (Healthsouth Corp)

Acceleration of Notes. If payment of the Notes is accelerated because of an Event of Default, the Company shall promptly notify the Credit Facility Agent and each holder holders of the Senior Indebtedness of the Company or any Guarantor Debt of the acceleration.

Appears in 2 contracts

Samples: Indenture (Qwest Communications International Inc), First Supplemental Indenture (Biovail Corp International)

Acceleration of Notes. If payment of the Notes is accelerated because of an Event of Default, the Company shall promptly notify the Credit Facility Agent and each holder of the Company's Senior Indebtedness of the Company or any Guarantor Debt of the acceleration.

Appears in 2 contracts

Samples: Indenture (Young Broadcasting Inc /De/), Indenture (Young Broadcasting Inc /De/)

Acceleration of Notes. If payment of the Notes is accelerated because of an Event of Default, the Company shall promptly notify give notice of the acceleration to (a) the Bank Agent, at any time while there is Indebtedness outstanding under the New Bank Credit Facility Agent and each holder of and/or (b) the Representative under the indenture or other agreement (if any) pursuant to which any other applicable Senior Indebtedness of the Company or any Guarantor of the accelerationDebt has been issued.

Appears in 2 contracts

Samples: Indenture (Panther Transport Inc), Credit Agreement (Panther Transport Inc)

Acceleration of Notes. If payment of the Notes is accelerated because of an Event of Default, the Company shall promptly notify the Credit Facility Agent holders of Senior Indebtedness and each holder of the Senior Indebtedness of the Company or any Guarantor Debt Agents of the acceleration.

Appears in 2 contracts

Samples: Supplemental Indenture (M I Homes Inc), Supplemental Indenture (M I Homes Inc)

Acceleration of Notes. If payment of the Notes is accelerated because of an Event of Default, the Company shall promptly notify the Credit Facility Agent and each holder holders of the Senior Indebtedness of and the Company or any Guarantor Trustee shall promptly notify the Bank Agent of the acceleration.

Appears in 2 contracts

Samples: Indenture (Dresser-Rand Group Inc.), Indenture (Dresser-Rand Group Inc.)

Acceleration of Notes. If payment of the Notes is accelerated because of an Event of Default, the Company shall promptly notify the Credit Facility Agent and each holder of the Senior Indebtedness of the Company or any Guarantor of the acceleration.

Appears in 2 contracts

Samples: Indenture (Birds Eye Foods, Inc.), Indenture (Linden Oaks Corp)

Acceleration of Notes. If payment of the Notes is accelerated because of an Event of Default, the Company shall promptly notify holders of Senior Indebtedness or the Credit Facility Agent and each holder trustee or other representative of the holders of Senior Indebtedness of the Company or any Guarantor of the acceleration.

Appears in 1 contract

Samples: First Supplemental Indenture (Performance Food Group Co)

Acceleration of Notes. If payment of the Notes is accelerated because of an Event of Default, the Company shall Corporation will promptly notify the Credit Facility Agent and each holder Representative of the Designated Senior Indebtedness of the Company or any Guarantor of the acceleration.

Appears in 1 contract

Samples: Note and Stock Purchase Agreement (Sealy Corp)

Acceleration of Notes. If payment of the Notes is --------------------- accelerated because of an Event of Default, the Company shall promptly notify the Credit Facility Agent and each holder holders of the Guarantor Senior Indebtedness of the Company or any Guarantor Debt of the acceleration.

Appears in 1 contract

Samples: Indenture (Manitowoc Co Inc)

Acceleration of Notes. If payment of the Notes is accelerated because of an Event of Default, the Company shall promptly notify the Credit Facility Agent and each holder holders of the Senior Indebtedness of the Company or any Guarantor Notes Trustee of the acceleration. Payment of the Notes may be accelerated only concurrently with an acceleration of payments of the Bonds.

Appears in 1 contract

Samples: Loan Agreement (Premier Finance Biloxi Corp)

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Acceleration of Notes. If payment of the Notes is accelerated because of an Event of Default, the Company shall promptly notify the Credit Facility Agent and each holder of the Company's Senior Indebtedness of the Company or any Guarantor of the acceleration.

Appears in 1 contract

Samples: Indenture (Kragen Auto Supply Co)

Acceleration of Notes. If payment of the Notes is accelerated because of an Event of Default, the Company shall promptly notify holders of the Credit Facility Agent and each holder of the Senior Indebtedness of the Company or any Guarantor Debt of the acceleration.

Appears in 1 contract

Samples: Indenture (Allegheny Energy Inc)

Acceleration of Notes. If payment of the Notes is accelerated because of an Event of Default, the Company shall promptly notify the Credit Facility Agent and each holder Representatives of the Senior Indebtedness Debt of the Company or any Guarantor of the acceleration.

Appears in 1 contract

Samples: Indenture (Timco Engine Center Inc)

Acceleration of Notes. If payment of the Loans and Notes is accelerated because of an Event of Default, the Company shall promptly notify the administrative agent under the Senior Credit Facility Agent and each holder (or Representative thereof) of the Senior Indebtedness of the Company or any Guarantor of the acceleration.

Appears in 1 contract

Samples: Senior Subordinated Credit Agreement (Pro Fac Cooperative Inc)

Acceleration of Notes. If payment of the Notes is accelerated because of an Event of Default, the Company shall promptly notify the Credit Facility Agent and each holder of the Company’s Senior Indebtedness of the Company or any Guarantor Debt of the acceleration.

Appears in 1 contract

Samples: Indenture (Young Broadcasting Inc /De/)

Acceleration of Notes. If payment of the Notes is accelerated because of an Event of Default, the Company Borrowers and any Guarantor shall promptly notify the Credit Facility Administrative Agent and each holder of the Senior Indebtedness of the Company or any Guarantor of the acceleration.

Appears in 1 contract

Samples: Note Purchase Agreement (Commercial Vehicle Group, Inc.)

Acceleration of Notes. If payment of the Notes is accelerated because of an Event of Default, the Company and the Trustee shall promptly notify the Credit Facility Agent and each holder holders of the Senior Indebtedness Debt of the Company or any Guarantor of the acceleration.

Appears in 1 contract

Samples: Indenture (Ames True Temper, Inc.)

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