Events of Acceleration. If any of the following events shall occur and shall continue for the period specified below, if any, then at any subsequent time during the continuance thereof, the Trustee, at its option, may, by notice to the Borrower, declare the principal of the Credit then outstanding to be due and payable immediately together with the service charges thereon and upon any such declaration such principal, together with such charges, shall become due and payable immediately:
Appears in 4 contracts
Samples: Credit Agreement, Credit and Grant Agreement, Trust Fund Credit Agreement
Events of Acceleration. If any of the following events shall occur and shall continue for the period specified below, if any, then at any subsequent time during the continuance thereof, the TrusteeAdministrator, at its option, may, by notice to the Borrower, declare the principal of the Credit then outstanding to be due and payable immediately together with the service charges thereon and upon any such declaration such principal, together with such charges, shall become due and payable immediately:
Appears in 1 contract
Samples: Trust Fund Credit Agreement
Events of Acceleration. If any of the following events shall occur and shall continue for the period specified below, if any, then at any subsequent time during the continuance thereof, the Trustee, at its option, may, by notice to the Borrower, declare the principal of the Credit then outstanding to be due and payable immediately together with the service charges thereon and upon any such declaration such principal, together with such charges, shall become due and payable immediately:
Appears in 1 contract
Samples: Trust Fund Credit Agreement
