Common use of Acceleration Upon Default Clause in Contracts

Acceleration Upon Default. At the option of Holder, all or any part of the indebtedness of Maker hereunder shall immediately become due, and payable, irrespective of any agreed maturity date, upon the happening of any of the following events of default ("Event of Default"):

Appears in 2 contracts

Samples: Stock Pledge (Staar Surgical Company), Staar Surgical Company

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Acceleration Upon Default. At the option of Holder, all or any part of the indebtedness of Maker hereunder shall immediately become due, due and payable, irrespective of any agreed maturity datematurity, upon the happening of any of the following events of default ("Event of Default"):

Appears in 2 contracts

Samples: Stock Pledge (Staar Surgical Company), Staar Surgical Company

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Acceleration Upon Default. At the option of Holder, all or any part of the indebtedness of Maker hereunder shall immediately become due, due and payable, irrespective of any agreed maturity datematurity, upon the happening of any of the following events of default ("Event ----- of Default"):): ----------

Appears in 2 contracts

Samples: Stock Pledge (Staar Surgical Company), Staar Surgical Company

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