Common use of Annulment of Acceleration Clause in Contracts

Annulment of Acceleration. If a declaration is made in accordance with Section 5.2, then and in every such case, the Holder may, by an instrument delivered to the Company, annul such declaration and the consequences thereof.

Appears in 6 contracts

Samples: 15% Secured Note (Appaloosa Management Lp), Secured Note (Appaloosa Management Lp), 15% Secured Note (Appaloosa Management Lp)

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Annulment of Acceleration. If a declaration is made in accordance with Section 5.27.2, then and in every such case, the Holder Required Holders may, by an instrument delivered to the Company, annul such declaration and the consequences thereof.

Appears in 5 contracts

Samples: Convertible Note Purchase Agreement (Bio Plexus Inc), Convertible Note Purchase Agreement (Appaloosa Management Lp), Note Purchase Agreement (Appaloosa Management Lp)

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