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 will promptly notify holders of Senior Indebtedness of the acceleration. The Company is not permitted to pay the Notes until five Business Days after such holders or the Representative of the Designated Senior Indebtedness receive notice of such acceleration. At that time, the Company may pay the Notes only if the subordination provisions in this Article 10 otherwise permit payment at that time.

Acceleration of Notes. If payment of the Notes is accelerated because of an Event of Default, the Company will or the Trustee shall promptly notify the holders of the Designated Senior Indebtedness or the Representative of such holders of the acceleration. The Company is may not permitted to pay the Notes until five Business Days after such holders or the Representative of the Designated Senior Indebtedness receive notice of such acceleration. At that timeacceleration and, the Company thereafter, may pay the Notes only if the subordination provisions in of this Article 10 Indenture otherwise permit payment at that time.

Acceleration of Notes. If payment of the Notes is accelerated because of an Event of Default, the Company will Co-Obligors shall promptly notify holders of Senior Indebtedness of the acceleration. The Company If any Designated Senior Indebtedness is not permitted to outstanding, neither the Co-Obligors nor any of the Subsidiary Guarantors may pay the Notes until five Business Days after such holders or the Representative of the such Designated Senior Indebtedness receive receives notice of such acceleration. At that timeacceleration and, the Company thereafter, may pay the Notes only if the subordination provisions in this Article 10 Ten otherwise permit permits payment at that time.

Acceleration of Notes. If payment of the Notes is accelerated because of an Event of Default, the Company will or the Trustee shall promptly notify the holders of the Designated Senior Indebtedness or the Representative of such holders of the acceleration. The Company is may not permitted to pay the Notes until five Business Days after such holders or the Representative of the Designated Senior Indebtedness receive notice of such acceleration. At that timeacceleration and, the Company thereafter, may pay the Notes only if the subordination provisions in this Article 10 of the Indenture otherwise permit payment at that time.

Acceleration of Notes. If payment of the Notes is accelerated because of an Event of Default, the Company will or Xxxxx Xxxxx GP shall promptly notify the Representative or holders of Designated Senior Indebtedness of the acceleration. The Company If any Designated Senior Indebtedness is not permitted to outstanding, neither the Company, Xxxxx Xxxxx GP nor any of the Guarantors may pay the Notes until five Business Days after such holders or the Representative of the such Designated Senior Indebtedness receive receives notice of such acceleration. At that timeacceleration and, the Company thereafter, may pay the Notes only if the subordination provisions in this Article 10 Ten otherwise permit permits payment at that time.

Acceleration of Notes. If payment of the Notes is accelerated because of an Event of Default, the Company will shall promptly notify holders of Senior Indebtedness Debt of the acceleration. The Neither the Company is not permitted nor any Guarantor may make any payment with respect to pay the Notes or the Note Guarantees until five Business Days after such the holders or the Representative of the Designated Senior Indebtedness Debt receive notice of such acceleration. At that timeacceleration and, the Company thereafter, may pay make payments with respect to the Notes only if the subordination provisions in of this Article 10 otherwise permit payment at that the time.

Acceleration of Notes. If payment of the Notes is accelerated because of an Event of Default, the Company will shall promptly notify holders of Designated Senior Indebtedness Debt of the acceleration. The If any Designated Senior Debt is outstanding, the Company is may not permitted to pay the Notes until five Business Days after such holders or the Representative of the Designated Senior Indebtedness receive Debt receives notice of such acceleration. At that timeacceleration and, the Company thereafter, may pay the Notes only if the subordination provisions in this Article 10 X otherwise permit permits the payment at that time.