Common use of Automatic Acceleration of Maturity Clause in Contracts

Automatic Acceleration of Maturity. If any Event of Default pursuant to paragraph (e) of Section 7.01 shall occur, (i) the obligation of each Lender to make extensions of credit hereunder, including making Advances, shall automatically terminate, and (ii) all principal, interest, fees, reimbursements, indemnifications, and all other amounts payable under this Agreement, the Notes, and the other Loan Documents shall become and be forthwith due and payable in full, without notice of intent to demand, demand, presentment for payment, notice of nonpayment, protest, notice of protest, grace, notice of dishonor, notice of intent to accelerate, notice of acceleration, and all other notices, all of which are hereby expressly waived by the Borrower; and (b) Subject to applicable law, the Administrative Agent shall at the request of, or may with the consent of, the Required Lenders proceed to enforce its rights and remedies under the Security Instruments, the Guaranties, and any other Loan Document for the ratable benefit of Secured Parties by appropriate proceedings.

Automatic Acceleration of Maturity. If any Event of Default pursuant to paragraph (e) of Section 7.01 7.1 shall occur,: (i) the Commitments and the obligation of each Lender to make extensions of credit hereunder, including making Advances, shall automatically terminate, and (ii) all principal, interest, fees, reimbursements, indemnifications, and all other amounts payable under this Agreement, the Notes, Agreement and the other Loan Documents shall become and be forthwith due and payable in full, without notice of intent to demand, demand, presentment for payment, notice of nonpayment, protest, notice of protest, grace, notice of dishonor, notice of intent to accelerate, notice of acceleration, and all other notices, all of which are hereby expressly waived by the Borrower; and (b) Subject to applicable law, the Administrative Collateral Agent shall at the request of, or may with the consent of, the Required Lenders proceed to enforce its rights and remedies under the Security InstrumentsDocuments, the Guarantiesthis Agreement, and any other Loan Document for the ratable benefit of Secured Parties the Lenders by appropriate proceedings. *Information marked with an asterisk herein has been omitted and filed separately with the Commission pursuant to a request for confidential treatment.

Automatic Acceleration of Maturity. If any Event of Default pursuant to paragraph (eSection 7.01(e) of Section 7.01 shall occur,: (i) the Commitments and the obligation of each Lender to make extensions of credit hereunder, including making Advances, shall automatically terminate, and (ii) all principal, interest, fees, reimbursements, indemnifications, and all other amounts payable under this Agreement, the Subordinated Notes, and the other Subordinated Loan Documents shall become and be forthwith due and payable in full, without notice of intent to demand, demand, presentment for payment, notice of nonpayment, protest, notice of protest, grace, notice of dishonor, notice of intent to accelerate, notice of acceleration, and all other notices, all of which are hereby expressly waived by the Borrower; and (b) Subject to applicable law, the Administrative Agent shall at the request of, or may with the consent of, the Required Majority Lenders proceed to enforce its rights and remedies under the Subordinated Security Instruments, the Guarantiesthis Agreement, and any other Subordinated Loan Document for the ratable benefit of Secured Parties the Lenders by appropriate proceedings.

Automatic Acceleration of Maturity. If any Event of Default pursuant to paragraph (eSection 7.01(e) of Section 7.01 shall occur, (i) the obligation (if any) of each Lender to make extensions of credit hereunder, including making Advances, Advances shall automatically terminate, and (ii) all principal, interest, fees, reimbursements, indemnifications, and all other amounts payable under this Agreement, the Notes, and the other Loan Documents shall become and be forthwith due and payable in full, without notice of intent to demand, demand, presentment for payment, notice of nonpayment, protest, notice of protest, grace, notice of dishonor, notice of intent to accelerate, notice of acceleration, and all other notices, all of which are hereby expressly waived by the Borrower; and (b) Subject to applicable law, the Administrative Agent shall at the request of, or may with the consent of, the Required Lenders proceed to enforce its rights and remedies under the Security Instruments, the Guaranties, and any other Loan Document for the ratable benefit of the Secured Parties by appropriate proceedings.

Automatic Acceleration of Maturity. If any Event of Default pursuant to paragraph (eSection 7.01(e) of Section 7.01 shall occur,occur with respect to the Borrower: (i) the Commitments and the obligation of each Lender to make extensions of credit hereunder, including making AdvancesLoans, shall automatically terminate, and (ii) all principal, interest, fees, reimbursements, indemnifications, and all other amounts payable under this Agreement, the Notes, Agreement and the other Loan Documents shall become and be forthwith due and payable in full, without notice of intent to demand, demand, presentment for payment, notice of nonpayment, protest, notice of protest, grace, notice of dishonor, notice of intent to accelerate, notice of acceleration, and all other notices, all of which are hereby expressly waived by the Borrower; and (b) Subject to applicable law, the Administrative Agent shall at the request of, or may with the consent of, the Required Majority Lenders proceed to enforce its rights and remedies under the Security InstrumentsDocuments, the Guarantiesthis Agreement, and any other Loan Document for the ratable benefit of Secured Parties the Lenders by appropriate proceedings.

Automatic Acceleration of Maturity. If any Event of Default pursuant to paragraph (e) of Section 7.01 shall occur, (i) the obligation of each Lender to make extensions of credit hereunder, including making Advances, hereunder shall automatically terminate, and (ii) all principal, interest, fees, reimbursements, indemnifications, and all other amounts payable under this Agreement, the Notes, and the other Loan Documents shall become and be forthwith due and payable in full, without notice of intent to demand, demand, presentment for payment, notice of nonpayment, protest, notice of protest, grace, notice of dishonor, notice of intent to accelerate, notice of acceleration, and all other notices, all of which are hereby expressly waived by the Borrower; and; (b) Subject to applicable law, the Administrative Agent shall at the request of, or may with the consent of, the Required Lenders proceed to enforce its rights and remedies under the Security Instruments, the Guaranties, and any other Loan Document for the ratable benefit of Secured Parties itself and the Lenders by appropriate proceedings.

Automatic Acceleration of Maturity. If any Event of Default pursuant to paragraph (e) of Section 7.01 shall occur, (i) (i) the obligation obligation, if any, of each Lender to make extensions of credit hereunder, including making Advances, hereunder shall automatically terminate, and (ii) all principal, interest, fees, reimbursements, indemnifications, and all other amounts payable under this Agreement, the Notes, and the other Loan Documents shall become and be forthwith due and payable in full, without notice of intent to demand, demand, presentment for payment, notice of nonpayment, protest, notice of protest, grace, notice of dishonor, notice of intent to accelerate, notice of acceleration, and all other notices, all of which are hereby expressly waived by the Borrower; and (bii) Subject to applicable law, the Administrative Agent shall at the request of, or may with the consent of, the Required Majority Lenders (but subject to the Subordination and Intercreditor Agreement) proceed to enforce its rights and remedies under the Security Instruments, the Guaranties, and any other Loan Document for the ratable benefit of the Secured Parties by appropriate proceedings.

Automatic Acceleration of Maturity. If any Event of Default pursuant to paragraph (eSection 7.1(e) of Section 7.01 shall occur, (i) the obligation of each Lender to make extensions of credit hereunder, including making Advances, Advances shall automatically terminate, and (ii) all principal, interest, fees, reimbursements, indemnifications, and all other amounts payable under this Agreement, the any Notes, and the other Loan Documents shall become and be forthwith due and payable in full, without notice of intent to demand, demand, presentment for payment, notice of nonpayment, protest, notice of protest, grace, notice of dishonor, notice of intent to accelerate, notice of acceleration, and all other notices, all of which are hereby expressly waived by the Borrower; andeach Credit Party; (b) Subject to applicable law, the Administrative Agent shall shall, at the request ofdirection of the Requisite Lenders, or may with the consent of, the Required Lenders proceed to enforce its rights and remedies under the Security Instruments, the GuarantiesGuarantees, and any other Loan Document for the ratable benefit of the Secured Parties by appropriate proceedings.

Automatic Acceleration of Maturity. If any Event of Default pursuant to paragraph (e) of Section 7.01 7.1 shall occur,: (a) (i) the Commitments and the obligation of each Lender to make extensions of credit hereunder, including making Advances, shall automatically terminate, and (ii) all principal, interest, fees, reimbursements, indemnifications, and all other amounts payable under this Agreement, the Notes, Agreement and the other Loan Documents shall become and be forthwith due and payable in full, without notice of intent to demand, demand, presentment for payment, notice of nonpayment, protest, notice of protest, grace, notice of dishonor, notice of intent to accelerate, notice of acceleration, and all other notices, all of which are hereby expressly waived by the Borrower; and (b) Subject to applicable law, the Administrative Collateral Agent shall at the request of, or may with the consent of, the Required Lenders proceed to enforce its rights and remedies under the Security InstrumentsDocuments, this *Information marked with an asterisk herein has been omitted and filed separately with the GuarantiesCommission pursuant to a request for confidential treatment. Agreement, and any other Loan Document for the ratable benefit of Secured Parties the Lenders by appropriate proceedings.

Automatic Acceleration of Maturity. If any Event of Default pursuant to paragraph (e) of Section 7.01 shall occur, (i) the obligation of each Lender to make extensions of credit hereunder, including making Advances, shall automatically terminate, and (ii) all principal, interest, fees, reimbursements, indemnifications, and all other amounts payable under this Agreement, the Notes, and the other Loan Documents shall become and be forthwith due and payable in full, without notice of intent to demand, demand, presentment for payment, notice of nonpayment, protest, notice of protest, grace, notice of dishonor, notice of intent to accelerate, notice of acceleration, and all other notices, all of which are hereby expressly waived by the Borrower; and (b) Subject to applicable law, the Administrative Agent Collateral Trustee shall at the request of, or may with the consent of, the Required Lenders Plurality proceed to enforce its rights and remedies under the Security Instruments, the Guaranties, and any other Loan Document for the ratable benefit of the Secured Parties by appropriate proceedings.

Automatic Acceleration of Maturity. If any Event of Default pursuant to paragraph Section 7.01(e) shall occur with respect to the Borrower: (ea) of Section 7.01 shall occur, (i) the Commitments and the obligation of each Lender to make extensions of credit hereunder, including making AdvancesLoans, shall automatically terminate, and (ii) all principal, interest, fees, reimbursements, indemnifications, and all other amounts payable under this Agreement, the Notes, Agreement and the other Loan Documents (including the Default Prepayment Premium) shall become and be forthwith due and payable in full, without notice of intent to demand, demand, presentment for payment, notice of nonpayment, protest, notice of protest, grace, notice of dishonor, notice of intent to accelerate, notice of acceleration, and all other notices, all of which are hereby expressly waived by the Borrower; and (b) Subject to applicable law, the Administrative Agent shall at the request of, or may with the consent of, the Required Majority Lenders proceed to enforce its rights and remedies under the Security InstrumentsDocuments, the Guarantiesthis Agreement, and any other Loan Document for the ratable benefit of Secured Parties the Lenders by appropriate proceedings.

Automatic Acceleration of Maturity. If any Event of Default pursuant to paragraph (eSection 7.1(e) of Section 7.01 shall occur, (a) (i) the obligation of each Lender to make extensions of credit hereunder, including making Advances, Loans shall automatically terminate, and (ii) all principal, interest, fees, reimbursements, indemnifications, and all other amounts Obligations payable under this AgreementAgreement (including without limitation the Applicable Premium), the any Notes, and the other Loan Documents shall become and be forthwith due and payable in full, without notice of intent to demand, demand, presentment for payment, notice of nonpayment, protest, notice of protest, grace, notice of dishonor, notice of intent to accelerate, notice of acceleration, and all other notices, all of which are hereby expressly waived by the Borrower; andeach Credit Party; (b) Subject to applicable law, the Administrative Agent shall may, or, at the request ofdirection of the Requisite Lenders, or may with the consent ofshall, the Required Lenders proceed to enforce its rights and remedies under the Security Instruments, the GuarantiesGuarantees, and any other Loan Document for the ratable benefit of the Secured Parties by appropriate proceedings.

Automatic Acceleration of Maturity. If any Event of Default pursuant to paragraph (eSection 10.01(e) of Section 7.01 shall occur, (i) the obligation of each Lender to make extensions of credit hereunder, including making Advances, shall automatically terminate, and (iia) all principal, interest, fees, reimbursements, indemnifications, and all other amounts payable under this Agreement, the Notes, and the other Loan Documents shall become and be forthwith due and payable in full, together with accrued interest thereon and any Make Whole Amount then due (including after giving effect to Section 10.02(b)), without notice of intent to demand, demand, presentment for payment, notice of nonpayment, protest, notice of protest, grace, notice of dishonor, notice of intent to accelerate, notice of acceleration, and all or any other notices, all of which are hereby expressly waived by the Borrower; and; (b) Subject to applicable law, the Administrative Agent shall at the request of, or may with the consent of, the Required Lenders proceed to enforce its rights and remedies under the Security Instruments, the Guaranties, and any other Loan Document for the ratable benefit of Secured Parties by appropriate proceedings.

Automatic Acceleration of Maturity. If any Event of Default pursuant to paragraph (e) of Section 7.01 shall occur, (a) (i) the obligation (if any) of each Lender to make extensions of credit hereunder, including making Advances, Advances shall automatically terminate, and (ii) all principal, interest, fees, reimbursements, indemnifications, and all other amounts payable under this Agreement, the Notes, and the other Loan Documents shall become and be forthwith due and payable in full, without notice of intent to demand, demand, presentment for payment, notice of nonpayment, protest, notice of protest, grace, notice of dishonor, notice of intent to accelerate, notice of acceleration, and all other notices, all of which are hereby expressly waived by the Borrower; and (b) Subject to applicable law, the Administrative Agent shall at the request of, or may with the consent of, the Required Lenders proceed to enforce its rights and remedies under the Security Instruments, the Guaranties, and any other Loan Document for the ratable benefit of Secured Parties by appropriate proceedings.

Automatic Acceleration of Maturity. If any Event of Default pursuant to paragraph (e) of Section 7.01 shall occur, (i) the obligation (if any) of each Lender to make extensions of credit hereunder, including making Advances, Advances shall automatically terminate, and (ii) all principal, interest, fees, reimbursements, indemnifications, and all other amounts payable under this Agreement, the Notes, and the other Loan Documents shall become and be forthwith due and payable in full, without notice of intent to demand, demand, presentment for payment, notice of nonpayment, protest, notice of protest, grace, notice of dishonor, notice of intent to accelerate, notice of acceleration, and all other notices, all of which are hereby expressly waived by the Borrower; and (b) Subject to applicable law, the Administrative Agent shall at the request of, or may with the consent of, the Required Lenders proceed to enforce its rights and remedies under the Security Instruments, the Guaranties, and any other Loan Document for the ratable benefit of Secured Parties by appropriate proceedings.

Automatic Acceleration of Maturity. If any Event of Default pursuant to paragraph (eSection 7.01(e) of Section 7.01 shall occur, (i) the obligation of each Lender to make extensions of credit hereunder, including making Advances, shall automatically terminate, and (iia) all principal, interest, fees, reimbursements, indemnifications, and all other amounts payable under this Agreement, the Notes, and the other Loan Documents shall become and be forthwith due and payable in full, without notice of intent to demand, demand, presentment for payment, notice of nonpayment, protest, notice of protest, grace, notice of dishonor, notice of intent to accelerate, notice of acceleration, and all other notices, all of which are hereby expressly waived by the Borrower; and (b) Subject to applicable law, the Administrative Agent shall (subject to Article VIII) at the written request of, or may with the consent of, the Required Majority Lenders proceed to enforce its rights and remedies under the Security Instruments, the Guaranties, and any other Loan Document for the ratable benefit of Secured Parties itself and the Lenders by appropriate proceedings.