Common use of Acceleration of Payment of Securities Clause in Contracts

Acceleration of Payment of Securities. If payment of the Securities is accelerated because of an Event of Default, the Company or the Trustee shall promptly notify the holders of the Designated Senior Indebtedness (or their Representatives) of the acceleration. If any Designated Senior Indebtedness is outstanding, the Company shall not pay the Securities until five Business Days after the holders or Representative(s) of such Designated Senior Indebtedness receives notice of such acceleration and, thereafter, may pay the Securities only if this Article X otherwise permits payments at that time.

Acceleration of Payment of Securities. If payment of the Securities is accelerated because of an Event of Default, the Company or the Trustee shall promptly notify the holders of the Designated Senior Indebtedness (or their Representatives) of the acceleration. If any Designated Senior Indebtedness is outstanding, neither the Company shall not nor any other Person may pay the Securities until five Business Days after the holders or Representative(s) Representatives of such all Designated Senior Indebtedness receives receive notice of such acceleration and, thereafter, may pay the Securities only if such payments are otherwise permitted pursuant to this Article X otherwise permits payments at that such time.

Acceleration of Payment of Securities. If payment of the Securities is accelerated because of an Event of Default, the Company or the Trustee shall promptly notify the holders of the Designated Senior Indebtedness of the Company (or their Representativesthe Representative of such holders) of the acceleration. If any Designated Senior Indebtedness of the Company is outstanding, the Company shall may not pay the Securities until five Business Days after such holders or the Representative of the holders or Representative(s) of such the Designated Senior Indebtedness receives of the Company receive notice of such acceleration and, thereafter, may pay the Securities only if this Article X otherwise permits payments payment at that time.

Acceleration of Payment of Securities. If payment of the Securities is accelerated because of an Event of Default, the Company or the Trustee shall promptly notify the holders of the Designated Senior Indebtedness of the Company (or their RepresentativesRepresentative) of the acceleration. If any Designated Senior Indebtedness of the Company is outstanding, the Company shall may not pay the Securities until five Business Days after the such holders or Representative(s) the Representative of such Designated Senior Indebtedness receives receive notice of such acceleration and, thereafter, may pay the Securities only if this Article X otherwise permits payments payment at that time.

Acceleration of Payment of Securities. If payment of -------------------------------------- the Securities is accelerated because of an Event of Default, the Company or the Trustee shall promptly notify the holders of the Designated Senior Indebtedness (or their RepresentativesRepresentative) of the acceleration. If any Designated Senior Indebtedness is outstanding, the Company shall may not pay the Securities until five Business Days after the such holders or Representative(s) the Representative of such the Designated Senior Indebtedness receives receive notice of such acceleration and, thereafter, may pay the Securities only if this Article X otherwise permits payments payment at that time.

Acceleration of Payment of Securities. If payment of the Securities is accelerated because of an Event of Default, the Company or the Trustee Trustee, if appointed, shall promptly notify the holders of the Designated Senior Indebtedness (or their Representatives) of the acceleration. If any Designated Senior Indebtedness is outstanding, the Company shall not pay the Securities until five Business Days after the holders or Representative(s) of such Designated Senior Indebtedness receives notice of such acceleration and, thereafter, may pay the Securities only if this Article X otherwise permits payments at that time.