Common use of EVENTS OF ACCELERATION Clause in Contracts

EVENTS OF ACCELERATION. The occurrence of any of the following shall constitute an "Event of Acceleration" by the Lender under this Note: (a) Borrower’s failure to pay any part of the principal or interest as and when due under this Note; or (b) Borrower’s becoming insolvent or not paying its debts as they become due.

Appears in 10 contracts

Samples: Loan Agreement, Family Loan Agreement, Loan Agreement

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EVENTS OF ACCELERATION. The occurrence of any of the following shall constitute an "Event of Acceleration" by the Lender under this Note: (Agreement: a) Borrower’s failure to pay any part of the principal or interest as and when due under this NoteAgreement; or (or b) BorrowerXxxxxxxx’s becoming insolvent or not paying its debts as they become due. 12.

Appears in 7 contracts

Samples: Personal Loan Agreement, Personal Loan Agreement, Personal Loan Agreement

EVENTS OF ACCELERATION. The occurrence of any of the following shall constitute an "Event of Acceleration" by the Lender under this Note: (a) Borrower’s failure to pay any part of the principal or interest as and when due under this Note; or (b) Borrower’s becoming insolvent or not paying its debts as they become due.

Appears in 5 contracts

Samples: Loan Agreement (Hour Loop, Inc), Loan Agreement (Hour Loop, Inc), Loan Agreement (Hour Loop, Inc)

EVENTS OF ACCELERATION. The occurrence of any of the following shall constitute an "Event of Acceleration" by the Lender under this Note: (: a) Borrower’s failure The Borrower fails to pay any part of the principal or interest as and when due under this Note; or (or b) Borrower’s becoming The Borrower becomes insolvent or does not paying its pay their debts as they become due. 9.

Appears in 5 contracts

Samples: Auto Loan Agreement, Vehicle Loan Agreement, Vehicle Loan Agreement

EVENTS OF ACCELERATION. The occurrence of any of the following shall constitute an "Event of Acceleration" by the Lender under this Note: (a) BorrowerXxxxxxxx’s failure to pay any part of the principal or interest as and when due under this Note; or (b) BorrowerXxxxxxxx’s becoming insolvent or not paying its debts as they become due.

Appears in 4 contracts

Samples: Loan Agreement (FreeCast, Inc.), Loan Agreement (FreeCast, Inc.), Loan Agreement (FreeCast, Inc.)

EVENTS OF ACCELERATION. The occurrence of any of the following shall constitute an "Event of Acceleration" by the Lender under this NoteAgreement: (aa.) Borrower’s failure to pay any part of the principal or interest as and when due under this NoteAgreement; or (bb.) Borrower’s becoming insolvent or not paying its debts as they become due.

Appears in 4 contracts

Samples: Portable Building Purchase Agreement, Personal Loan Agreement, Personal Loan Agreement

EVENTS OF ACCELERATION. The occurrence of any of the following shall constitute an "Event of Acceleration" by the Lender under this Note: (: a) Borrower’s failure to pay any part of the principal or interest as and when due under this Note; or (or b) BorrowerXxxxxxxx’s becoming insolvent or not paying its debts as they become due.

Appears in 2 contracts

Samples: Loan Agreement, Loan Agreement

EVENTS OF ACCELERATION. The occurrence of any of the following shall constitute an "Event of Acceleration" by the Lender under this Note: (a) Agreement: Borrower’s failure to pay any part of the principal or interest as and when due under this NoteAgreement; or (b) or Borrower’s becoming insolvent or not paying its debts as they become due.

Appears in 2 contracts

Samples: Personal Loan Agreement, Personal Loan Agreement

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EVENTS OF ACCELERATION. The occurrence of any of the following shall constitute an "Event of Acceleration" by the Lender under this Note: (: a) Borrower’s failure The Borrower fails to pay any part of the principal or interest as and when due under this Note; or (or b) Borrower’s becoming The Borrower becomes insolvent or does not paying its pay their debts as they become due.

Appears in 1 contract

Samples: Car Loan Agreement

EVENTS OF ACCELERATION. The occurrence of any of the following shall constitute an "Event of Acceleration" by the Lender under this Note: (a) Borrower’s 's failure to pay any part of the principal or interest as and when due under this Note; or (b) Borrower’s 's becoming insolvent or not paying its debts as they become due.

Appears in 1 contract

Samples: Loan Agreement (Freecast, Inc.)

EVENTS OF ACCELERATION. The occurrence of any of the following shall constitute an "Event of Acceleration" by the Lender Xxxxx’r under this Note: (a) Borrower’s Borrowers failure to pay any part of the principal or interest as and when due under this Note; or (b) Borrower’s becoming insolvent or not paying its debts as they become due.

Appears in 1 contract

Samples: Loan Agreement (Freecast, Inc.)

EVENTS OF ACCELERATION. The occurrence of any of the following shall constitute an "Event of Acceleration" by the Lender under this NoteLoan Agreement: (a) Borrower’s failure to pay any part of the principal or interest as and when due under this Note; or (b) Borrower’s becoming insolvent or not paying its debts as they become due.

Appears in 1 contract

Samples: Loan Agreement

EVENTS OF ACCELERATION. The occurrence of any of the following shall constitute an "Event of Acceleration" by the Lender under this NoteAgreement: (a) Borrower’s failure to pay any part of the principal or interest as and when due under this NoteAgreement; or (b) Borrower’s becoming insolvent or not paying its debts as they become due.

Appears in 1 contract

Samples: Family Loan Agreement

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