Common use of Acceleration of Payment of Securities Clause in Contracts

Acceleration of Payment of Securities. If payment of the Subordinated Securities is accelerated because of an Event of Default, the Issuers shall promptly notify the holders of the Designated Senior Indebtedness (or their Representatives) of the acceleration.

Appears in 6 contracts

Samples: Indenture (EQT MIDSTREAM FINANCE Corp), Indenture (Crosstex Texas NGL Pipeline, LLC), Subordinated Indenture (Linn Energy Finance Corp.)

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Acceleration of Payment of Securities. If payment of the Subordinated Securities is accelerated because of an Event of Default, the Issuers or the Trustee shall promptly notify the holders of the Designated Specified Senior Indebtedness of the Issuers (or their RepresentativesRepresentative) of the acceleration.

Appears in 2 contracts

Samples: Indenture (NSM Steel Co LTD), Indenture (NSM Steel Co LTD)

Acceleration of Payment of Securities. If payment of the Subordinated Securities is accelerated because of an Event of Default, the Issuers Issuer shall promptly notify the holders of the Designated Senior Indebtedness (or their Representatives) of the acceleration.

Appears in 1 contract

Samples: Indenture (EQM Midstream Partners, LP)

Acceleration of Payment of Securities. If payment of the Subordinated Securities is accelerated because of an Event of Default, the Issuers shall promptly notify the holders of the Designated Senior Indebtedness (or their Representatives) of the acceleration.

Appears in 1 contract

Samples: Subordinated Indenture (Williams Partners Finance Corp)

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Acceleration of Payment of Securities. If payment Payment of ------------------------------------- the Subordinated Securities is accelerated because of an Event of Default, the Issuers Issuer or the Trustee shall promptly notify the holders of the Designated Specified Senior Indebtedness (or their Representatives) of the acceleration.

Appears in 1 contract

Samples: Indenture (Dan River Inc /Ga/)

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