Cancellation/Acceleration Sample Clauses

Cancellation/Acceleration. If at any time and for any reason (whether within or beyond the control of any party to this Agreement): (a) either of the Events of Default specified in Section 8.1(g) or 8.1(h) occurs with respect to the Borrower, then automatically: (i) the Commitments shall immediately be cancelled; and (ii) all Loans made hereunder, all amounts of L/C Obligations (whether or not the beneficiaries of the then outstanding Letters of Credit shall have presented the documents required for draws thereunder), all unpaid accrued interest or fees and any other sum payable under this Agreement or any other Loan Document shall become immediately due and payable; or (b) any other Event of Default specified in Section 8.1 occurs, then, at any time thereafter while such Event of Default is continuing, the Administrative Agent shall, upon the instruction of the Majority Banks, by notice to the Borrower, declare that: (i) the Commitments shall immediately be cancelled; and/or (ii) either (A) all Loans made hereunder, all amounts of L/C Obligations (whether or not the beneficiaries of the then outstanding Letters of Credit shall have presented the documents required for draws thereunder), all unpaid accrued interest or fees and any other sum payable under this Agreement or any other Loan Document shall become immediately due and payable or (B) all Loans made hereunder, all amounts of L/C Obligations (whether or not the beneficiaries of the then outstanding Letters of Credit shall have presented the documents required for draws thereunder), all unpaid accrued interest or fees and any other sum payable under this Agreement or any other Loan Document shall become due and payable at any time thereafter immediately on demand by the Administrative Agent (acting on the instructions of the Majority Banks). With respect to all Letters of Credit with respect to which presentment for honor shall not have occurred at the time of an acceleration pursuant to the preceding paragraph or on the Termination Date, the Borrower shall at such time deposit in a cash collateral account opened by the Administrative Agent cash or cash equivalents in an amount equal to the aggregate then undrawn and unexpired face amount of such Letters of Credit. The Borrower hereby grants to the Administrative Agent, for the benefit of the applicable Issuing Bank and the L/C Participants, a security interest in such cash collateral to secure all obligations of the Borrower under this Agreement and the other Loan Documents. ...
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Cancellation/Acceleration. If at any time and for any reason (whether within or beyond the control of any party to this Agreement): (a) either of the Events of Default specified in Section 9.1(g) or 9.1
Cancellation/Acceleration. If at any time and for any reason (whether within or beyond the control of any party to this Agreement): (a) either of the Events of Default specified in Section 8.1(g) or 8.1(h) occurs with respect to the Borrower, then automatically: (i) the Commitments shall immediately be cancelled; and (ii) all Loans made hereunder, all unpaid accrued interest or fees and any other sum payable under this Agreement or any other Loan Document shall become immediately due and payable; or (b) any other Event of Default specified in Section 8.1 occurs and, while such Event of Default is continuing, the Administrative Agent, having been so instructed by the Majority Banks, by notice to the Borrower shall so declare that: (i) the Commitments shall immediately be cancelled; and/or (ii) either (A) all Loans made hereunder, all unpaid accrued interest or fees and any other sum payable under this Agreement or any other Loan Document shall become immediately due and payable or (B) all Loans made hereunder, all unpaid accrued interest or fees and any other sum payable under this Agreement or any other Loan Document shall become due and payable at any time thereafter immediately on demand by the Administrative Agent (acting on the instructions of the Majority Banks). Except as expressly provided above in this Section 8.2, presentment, demand, protest, notice of intent to accelerate, notice of acceleration and all other notices of any kind whatsoever are hereby expressly waived by the Borrower.
Cancellation/Acceleration. If at any time and for any reason (and whether within or beyond the control of the Borrower) any Event of Default has occurred and is subsisting, the Agent, if so instructed by the Majority Banks, shall by notice to the Borrower declare: (a) the Commitments to be cancelled, whereupon they shall be cancelled and/or (b) all Advances, all unpaid accrued interest and fees and any other sum then payable under this Agreement to be immediately due and payable, whereupon they shall become so due and payable.
Cancellation/Acceleration. If at any time and for any reason (and whether within or beyond the control of the Borrower) any Event of Default has occurred and is subsisting, the Bank shall by notice to the Borrower declare:
Cancellation/Acceleration. If at any time and for any reason (and whether within or beyond the control of the Lender or any Security Party) any Event of Default has occurred then at any time thereafter, whether or not any Event of Default is continuing, the Lender may by notice to the Borrower declare:- (1) the Commitment to be cancelled, whereupon it shall be cancelled; and/or (2) the Facility, all unpaid accrued interest or fees and any other sum then payable under this Agreement to be immediately due and payable, whereupon they shall become so due and payable.
Cancellation/Acceleration. Subject to Clause 4.3 (Certain Funds Default), if at any time and for any reason any Event of Default has occurred then at any time thereafter, provided such Event of Default is continuing unwaived (but without prejudice to any other right of the Lender), the Lender may by notice in writing to the Borrower declare that an Event of Default has occurred and declare: (a) the Commitment to be cancelled, whereupon it shall be so cancelled; and/or (b) all Loans, all unpaid accrued interest or fees and any other sum then payable under this Agreement to be immediately due and payable, whereupon they shall become so due and payable.
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Cancellation/Acceleration. If at any time and for any reason (and whether within or beyond the control of the Lender or any Obligor) any Event of Default has occurred then at any time thereafter, whether or not any Event of Default is continuing, the Lender may by notice to the Borrower declare:- (1) the Commitment and/or Facility to be cancelled, whereupon it shall be cancelled; and/or (2) all amounts due and owing under the Facility, including the Advance and the Total Interest and any default interests, fees and any other sum then payable under this Agreement to be immediately due and payable, whereupon they shall become so due and payable.
Cancellation/Acceleration. If at any time and for any reason (and whether within or beyond the control of any party to this Agreement) any Event of Default has occurred (other than any Event of Default which the Borrower has demonstrated to the Majority Banks has been remedied) then at any time thereafter, whether or not any Event of Default is continuing, the Agent, if so instructed by the Majority Banks, shall by notice to the Borrower declare: 20.2.1 the Revolving Credit Facility Commitments to be cancelled, whereupon they shall be cancelled; and/or 20.2.2 all Advances, all unpaid accrued interest and fees and any other sum then payable under this Agreement to be immediately due and payable, whereupon they shall become so due and payable; and/or 20.2.3 demand that all or part of the Advances be payable on demand, whereupon they shall immediately become payable on demand.
Cancellation/Acceleration. If at any time and for any reason (and whether within or beyond the control of the Borrower) any Event of Default or Early Repayment Event has occurred and is subsisting, the Agent, if so instructed by the Majority Banks, shall by notice to the Borrower declare: (a) the Commitments to be cancelled, whereupon they shall immediately be cancelled; (b) in the case of an Event of Default, all Advances, all unpaid accrued interest and fees and any other sum then payable under this Agreement to be immediately due and payable, whereupon they shall become so due and payable; and/or (c) in the case of an Early Repayment Event, all Advances, all unpaid accrued interest and fees and any other sum then payable under this Agreement to be due and payable on the earlier of (i) the seventh Business Day after delivery of that notice and (ii) the next interest payment date, whereupon they shall become so due and payable.
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