Acceleration Upon Default. In the event Recipient is in default, the principal, together with a 5% fee thereon and liquidated damages, shall become immediately due and payable without notice or demand at the Commission's option.
Appears in 6 contracts
Samples: oklahoma.gov, oklahoma.gov, oklahoma.gov
Acceleration Upon Default. In the event Recipient is in default, the principal, together with a 5% fee thereon and liquidated damages, shall become immediately due and payable without notice or demand at the Commission's option.
Appears in 1 contract
Samples: pmtc.ok.gov