Common use of Inability to Accelerate Clause in Contracts

Inability to Accelerate. If the Guarantied Parties or any of them are prevented under Applicable Law or otherwise from demanding or accelerating payment of any of the Guarantied Obligations by reason of any automatic stay or otherwise, the Administrative Agent and/or the other Guarantied Parties shall be entitled to receive from each Guarantor, upon demand therefor, the sums which otherwise would have been due had such demand or acceleration occurred.

Appears in 32 contracts

Samples: Subsidiary Guaranty (ExchangeRight Income Fund), Credit Agreement (STORE CAPITAL Corp), Term Loan Agreement (STORE CAPITAL Corp)

AutoNDA by SimpleDocs

Inability to Accelerate. If the Guarantied Parties or any of them are prevented under Applicable Law or otherwise otherwise, from demanding or accelerating payment of any of the Guarantied Obligations by reason of any automatic stay or otherwise, to the extent permitted by Applicable Law, the Administrative Agent and/or the other Guarantied Parties shall be entitled to receive from each Guarantor, upon demand therefor, the sums which otherwise would have been due had such demand or acceleration occurred.

Appears in 10 contracts

Samples: Guaranty (Spirit Realty Capital, Inc.), Guaranty (Spirit Realty Capital, Inc.), Guaranty (Spirit Realty Capital, Inc.)

Inability to Accelerate. If To the extent permitted by Applicable Law, if the Guarantied Parties or any of them are prevented under Applicable Law or otherwise from demanding or accelerating payment of any of the Guarantied Obligations by reason of any automatic stay or otherwise, the Administrative Agent and/or the other Guarantied Parties shall be entitled to receive from each Guarantor, upon demand therefor, the sums which otherwise would have been due had such demand or acceleration occurred.

Appears in 6 contracts

Samples: Guaranty (Tier Reit Inc), Guaranty (Tier Reit Inc), Credit Agreement (Tier Reit Inc)

Inability to Accelerate. If the Guarantied Parties or any of them are prevented under Applicable applicable Law or otherwise from demanding or accelerating payment of any of the Guarantied Obligations by reason of any automatic stay or otherwise, the Administrative Agent and/or the other Guarantied Parties shall be entitled to receive from each Guarantor, upon demand therefor, the sums which otherwise would have been due had such demand or acceleration occurred.

Appears in 3 contracts

Samples: Guaranty (Energy Transfer LP), Guaranty (Energy Transfer Partners, L.P.), Guaranty (Energy Transfer Partners, L.P.)

Inability to Accelerate. If the Guarantied Parties or any of them are prevented under Applicable Law or otherwise from demanding or accelerating payment of any of the Guarantied Obligations by reason of any automatic stay or otherwise, the Administrative Agent and/or the other Guarantied Parties shall be entitled to receive from each Subsidiary Guarantor, upon demand therefor, the sums which otherwise would have been due had such demand or acceleration occurred.

Appears in 2 contracts

Samples: Note Purchase Agreement (Washington Real Estate Investment Trust), Note Purchase Agreement (Washington Real Estate Investment Trust)

Inability to Accelerate. If the Guarantied Parties or any of them are prevented under Applicable Law or otherwise from demanding or accelerating payment of any of the Guarantied Obligations by reason of any automatic stay or otherwise, the Administrative Agent and/or the other Guarantied Parties shall be entitled to receive from each Guarantor, upon demand therefor, the sums which otherwise would have been due had such demand or acceleration occurred.

Appears in 2 contracts

Samples: Guaranty (ExchangeRight Income Fund), Repayment Guaranty (Pennsylvania Real Estate Investment Trust)

AutoNDA by SimpleDocs

Inability to Accelerate. If the Guarantied Parties or any of them are prevented under Applicable applicable Law or otherwise from demanding or accelerating payment of any of the Guarantied Guaranteed Obligations by reason of any automatic stay or otherwise, the Administrative Agent and/or the other Guarantied Parties shall be entitled to receive from each Guarantor, upon demand therefor, the sums which otherwise would have been due had such demand or acceleration occurred.

Appears in 1 contract

Samples: Credit Agreement (JBG SMITH Properties)

Inability to Accelerate. If the Guarantied Parties or any of them are prevented under Applicable Law or otherwise from demanding or accelerating payment of any of the Guarantied Obligations by reason of any automatic stay or otherwise, the Administrative Agent and/or the other Guarantied Parties shall be entitled to receive from each Guarantor, upon demand therefor, the sums which otherwise would have been due had such demand or acceleration occurred.

Appears in 1 contract

Samples: Credit Agreement (LXP Industrial Trust)

Inability to Accelerate. If the Guarantied Guaranteed Parties or any of them are prevented under Applicable Law or otherwise from demanding or accelerating payment of any of the Guarantied Guaranteed Obligations by reason of any automatic stay or otherwise, the Administrative Agent and/or the other Guarantied Guaranteed Parties shall be entitled to receive from each Guarantor, upon demand therefor, the sums which otherwise would have been due had such demand or acceleration occurred.

Appears in 1 contract

Samples: Credit Agreement (Sl Green Operating Partnership, L.P.)

Draft better contracts in just 5 minutes Get the weekly Law Insider newsletter packed with expert videos, webinars, ebooks, and more!