Common use of Acceleration Upon Termination Clause in Contracts

Acceleration Upon Termination. Upon the effective date of termination under Section 11.1, 11.2, 11.3, or Section 13.1 (the “Facility Termination Date”), (i) all Loans and all other Obligations will automatically and immediately become due and payable, and (ii) Bank’s obligations under this Agreement and the other Loan Documents arising on and after that effective date of termination will automatically terminate immediately, without notice or demand, which Borrower hereby expressly waives.

Acceleration Upon Termination. Upon the effective date of termination under Section Sections 11.1, 11.2, 11.3, or Section 13.1 (the “Facility Termination Date”), (ia) all Loans and all other Obligations will automatically and immediately become due and payable, and (iib) Bank’s obligations under this Agreement and the other Loan Documents arising on and after that effective date of termination will automatically terminate immediately, without notice or demand, which Borrower hereby expressly waives.

Acceleration Upon Termination. Upon the effective date of termination under Section 11.1, 11.2, 11.3, 11.1 or Section 13.1 (the “Facility Termination Date”)13.1, (i) all Loans and all other Obligations will automatically and immediately become due and payable, and (ii) Bank’s 's obligations under this Agreement and the other Loan Documents arising on and after that effective date of termination will automatically terminate immediately, without notice or demand, which Borrower hereby Borrowers expressly waiveswaive.

Acceleration Upon Termination. Upon the effective date of termination under Section 11.1, 11.2, 11.3, or Section 13.1 (the “Facility Termination Date”), (i) all Loans and all other Obligations will automatically and immediately become due and payable, and (ii) Bank’s obligations under this Agreement and the other Loan Documents arising on and after that effective date of termination will automatically terminate immediately, without notice or demand, which each Borrower hereby expressly waives.