Acceleration on Payment Default Sample Clauses
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Acceleration on Payment Default. During the existence of an Event of Default described in Section 8.1(a) or Section 8.1(b), and irrespective of whether the Notes then outstanding shall have been declared to be due and payable pursuant to Section 8.2(a), any holder of Notes who or that shall have not consented to any waiver with respect to such Event of Default may, at its option, by notice in writing to the Company, declare the Notes then held by such holder to be, and such Notes shall thereupon become, forthwith due and payable together with all interest accrued thereon, without any presentment, demand, protest or other notice of any kind, all of which are hereby expressly waived, and the Company shall forthwith pay to such holder the entire principal of and interest accrued on such Notes and, to the extent permitted by law, the Make-Whole Amount at such time with respect to such principal amount of the Notes and all other amounts due under the Financing Documents.
Acceleration on Payment Default. During the existence of an Event of Default described in Section 9.1(a) or Section 9.1(b) hereof, and irrespective of whether the Notes then outstanding shall have been declared to be due and payable pursuant to Section 9.2(a)(ii) hereof, and notwithstanding any action taken by holders of the Notes pursuant to Section 9.3 hereof, any holder of Notes who or which shall have not consented to any waiver with respect to such Event of Default may, at its option, by notice in writing to the Company, declare the Notes then held by such holder to be, and such Notes shall thereupon become, forthwith due and payable together with all interest accrued thereon, without any presentment, demand, protest or other notice of any kind or any other action whatsoever, all of which are hereby expressly waived, and the Company shall forthwith pay to such holder the entire principal of and interest accrued on such Notes and, to the extent permitted by law, the Make-Whole Amount with respect to such principal amount of such Notes.
Acceleration on Payment Default. During the existence of an Event of Default described in Section 9(a), and irrespective of whether the Notes then outstanding shall have become due and payable pursuant to Section 10.1(a)(ii), any holder of Notes who or which shall have not consented to any waiver with respect to such Event of Default may, at his or its option, by notice in writing to the Company, declare the Notes then held by such holder to be, and such Notes shall thereupon become, forthwith due and payable together with all interest accrued thereon, without any presentment, demand, protest or other notice of any kind, all of which are hereby expressly waived, and the Company shall forthwith pay to such holder the entire principal of and interest accrued on such Notes.
Acceleration on Payment Default. During the existence of an Event of Default described in clauses (i) or (ii) of paragraph 7A and irrespective of whether the Notes then outstanding shall have become due and payable pursuant to clause (ii) of this paragraph 7B, any Holder who or which shall have not consented to any waiver with respect to such Event of Default may, at its option, by notice in writing to, the Company, declare the Notes then held by such Holder to be, and such Notes shall thereupon become, forthwith due and payable together with all interest accrued thereon and the Make Whole Amount thereon, without any presentment, demand, protest or other notice of any kind, all of which ;are hereby expressly waived.
Acceleration on Payment Default. During the existence of an Event of Default described in Section 0(a) or Section 0(b), and irrespective of whether the Notes then outstanding shall have been declared to be due and payable pursuant to Section
Acceleration on Payment Default. Subject to the provisions of section 3, if Licensee shall fail to make any payment required under Section 3 within the time required, as it may be extended by the cure provisions of Section 11.1, all amounts required to be paid under Section 3 shall at once become due and payable without notice.