Common use of Acceleration of Securities Clause in Contracts

Acceleration of Securities. If payment of the Securities is accelerated because of an Event of Default, the Company shall promptly notify holders of Senior Debt of the acceleration.

Appears in 64 contracts

Samples: Subordinated Debt Indenture (PRGX Global, Inc.), Subordinated Indenture (MULTI COLOR Corp), Subordinated Indenture (Meridian Bioscience Inc)

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Acceleration of Securities. If payment of the Securities is accelerated because of an Event of Default, the Company shall promptly notify holders of the Senior Debt Indebtedness of the acceleration.

Appears in 13 contracts

Samples: Indenture (St John Knits Inc), Indenture (West Texas & Lubbock Railroad Co Inc), Indenture (Fedders North America Inc)

Acceleration of Securities. If payment of the Securities is accelerated because of an Event of Default, the Company Issuers shall promptly notify holders of Senior Debt of the acceleration.

Appears in 5 contracts

Samples: Indenture (FriendFinder Networks Inc.), Indenture (Alliance Laundry Holdings LLC), Indenture (Alliance Laundry Holdings LLC)

Acceleration of Securities. If payment of the Securities is accelerated because of an Event of Default, the Company shall promptly notify Representatives of the holders of Senior Debt of the Company of the acceleration.

Appears in 3 contracts

Samples: Subordinated Indenture (Iron Mountain Inc/Pa), Subordinated Indenture (Iron Mountain Inc/Pa), Subordinated Indenture (Province Healthcare Co)

Acceleration of Securities. If payment of the Securities is accelerated because of an Event of Default, the Company shall promptly notify holders of Senior Debt senior indebtedness of the acceleration.

Appears in 3 contracts

Samples: Indenture (Mgi Pharma Inc), Indenture (Bell Microproducts Inc), Indenture (Bell Microproducts Inc)

Acceleration of Securities. If payment of the Securities is accelerated because of an Event of Default, the Company shall promptly notify holders of Senior and Senior Subordinated Debt of the acceleration.

Appears in 2 contracts

Samples: Indenture (Tenet Healthcare Corp), Indenture (Tenet Healthcare Corp)

Acceleration of Securities. If payment of the Securities is accelerated because of an Event of Default, the Company Guarantor shall promptly notify holders of Senior Debt of the acceleration.

Appears in 2 contracts

Samples: Indenture (Cihc Inc), Second Senior Indenture (Cihc Inc)

Acceleration of Securities. If payment of the Securities is accelerated because of an Event of Default, the Company Issuers and the Trustee shall promptly notify holders of Senior Debt of the acceleration.

Appears in 1 contract

Samples: Indenture (World Almanac Education Group Inc)

Acceleration of Securities. If payment of the Securities is accelerated because of an Event of Default, the Company shall promptly notify holders the Representatives of Senior Debt of the acceleration.

Appears in 1 contract

Samples: Indenture (Vegeterian Times Inc)

Acceleration of Securities. If payment of the Securities is accelerated because of an Event of Default, the Company shall promptly notify holders of the Senior Debt of the acceleration.. ARTICLE NINE

Appears in 1 contract

Samples: Note Agreement (Designs Inc)

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

Appears in 1 contract

Samples: Indenture (Jordan Industries Inc)

Acceleration of Securities. If payment of the Securities is accelerated because of an Event of Default, the Company and the Trustee shall promptly notify holders of Senior Debt of the acceleration.

Appears in 1 contract

Samples: Indenture (Solo Texas, LLC)

Acceleration of Securities. If payment of the Securities is accelerated because of an Event of Default, the Company shall promptly notify holders of Guarantor Senior Debt of the acceleration.

Appears in 1 contract

Samples: Indenture (L 3 Communications Holdings Inc)

Acceleration of Securities. If payment of the Securities is accelerated because of an Event of Default, the Company shall promptly notify holders of Senior Debt and Guarantor Senior Debt of the acceleration.

Appears in 1 contract

Samples: Indenture (Continental Resources Inc)

Acceleration of Securities. If payment of the Securities is accelerated because of an Event of Default, the Company shall promptly notify holders of the Senior Debt Indebtedness of the acceleration.. ARTICLE NINE DISCHARGE OF INDENTURE

Appears in 1 contract

Samples: Indenture (Nbty Inc)

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