Common use of Cancellation and Acceleration Clause in Contracts

Cancellation and Acceleration. Upon the occurrence of an Event of Default and for so long as such Event of Default shall continue, the Administration Agent shall at the request of the Lenders, by notice to the Borrowers:

Appears in 4 contracts

Samples: Credit Agreement (Pope & Talbot Inc /De/), Credit Agreement (Pope & Talbot Inc /De/), Credit Agreement (Pope & Talbot Inc /De/)

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Cancellation and Acceleration. Upon the occurrence of an Event of Default and for so long as such Event of Default shall continue, the Administration Agent shall shall, at the request of the Majority Lenders, by notice to the Borrowers:

Appears in 2 contracts

Samples: Credit Agreement (West Fraser Timber Co., LTD), Credit Agreement (West Fraser Timber Co., LTD)

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