Common use of Consequences of a Note Acceleration Notice Clause in Contracts

Consequences of a Note Acceleration Notice. The Collateral Account Bank acknowledges that, if it receives notice in writing from the Security Trustee to the effect that (i) the Note Trustee has served a Note Acceleration Notice on the Issuer; or

Appears in 5 contracts

Sources: Collateral Account Bank Agreement, Collateral Account Bank Agreement, Collateral Account Bank Agreement