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 Indebtedness of the acceleration.

Appears in 28 contracts

Samples: Indenture (Oci Holdings Inc), Indenture (Citadel Broadcasting Corp), Protein Design Labs Inc/De

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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 Senior Indebtedness senior indebtedness of the acceleration.

Appears in 3 contracts

Samples: Indenture (Bell Microproducts Inc), Mgi Pharma Inc, 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 Indebtedness 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 shall promptly notify holders the Representatives of Senior Indebtedness Debt of the acceleration.

Appears in 1 contract

Samples: 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 the Credit Agent and each holder of Senior Indebtedness of the acceleration.

Appears in 1 contract

Samples: Indenture (Jordan Industries 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 Guarantor Senior Indebtedness Debt of the acceleration.

Appears in 1 contract

Samples: 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 Indebtedness 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 Indebtedness of the acceleration.. ARTICLE NINE DISCHARGE OF INDENTURE

Appears in 1 contract

Samples: Nbty Inc

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