Common use of NO EVENT OF ACCELERATION Clause in Contracts

NO EVENT OF ACCELERATION. No event of acceleration shall have occurred and be continuing or would result from the extension of credit;

Appears in 10 contracts

Samples: Credit Authorization Agreement (Perceptron Inc/Mi), Credit Authorization Agreement (Interface Systems Inc), Credit Authorization Agreement (Michigan Community Bancorp LTD)

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NO EVENT OF ACCELERATION. No event of acceleration shall have occurred and be continuing or would result from the extension of credit;.

Appears in 5 contracts

Samples: Credit Authorization Agreement (Perceptron Inc/Mi), Credit Authorization Agreement (Bixby Carl L), Credit Authorization Agreement (Syntel Inc)

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