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:
Appears in 2 contracts
Samples: Agreement (Alstom), Agreement (Alstom)
Cancellation/Acceleration. (1) If at any time and for any reason (and whether within or beyond the control of the Borrowerany party to this Agreement) any Event of Default has occurred and then at any time thereafter, while an Event of Default is subsistingcontinuing, the AgentAgent may and, if so instructed by the Majority Banks, shall by notice to the Borrower declare:Borrower:-
Appears in 2 contracts
Samples: First Supplemental Agreement (Chartered Semiconductor Manufacturing LTD), Chartered Semiconductor Manufacturing LTD
Cancellation/Acceleration. (1) If at any time and for any reason (and whether within or beyond the control of the Borrowerany party to this Agreement) any Event of Default has occurred and then at any time thereafter, while an Event of Default is subsistingcontinuing, the AgentAgent may and, if so instructed by the Majority Banks, shall by notice to the Borrower declare:Borrower:-
Appears in 1 contract
Samples: Supplemental Agreement (Chartered Semiconductor Manufacturing LTD)
Cancellation/Acceleration. If at any time and for any reason (and whether -------------------------- within or beyond the control of the Borrowereither party to this Agreement) any Event of Default has occurred and then at any time thereafter, whether or not any Event of Default is subsistingcontinuing, the Agent, if so instructed by the Majority Banks, shall Lender may by notice to the Borrower declare:declare:-
Appears in 1 contract
Samples: Agreement (Micropolis Corp)
Cancellation/Acceleration. If at any time and for any reason (and whether within or beyond the control of the Borrowerany party to this Agreement) any Termination Event of Default has occurred and is subsistingcontinuing then at any time thereafter, the AgentAgent may and, if so instructed by the Majority BanksLenders, shall by notice to the Borrower declare:
Appears in 1 contract
