Common use of Notice of Acceleration or Rescission Clause in Contracts

Notice of Acceleration or Rescission. Whenever any Note shall be declared immediately due and payable pursuant to Section 12.1 or any such declaration shall be rescinded or annulled pursuant to Section 12.3, the Obligors shall forthwith give written notice thereof to the holders of each Note at the time outstanding.

Appears in 4 contracts

Samples: Guaranty Agreement (Smucker J M Co), Note Purchase Agreement (Smucker J M Co), Note Purchase Agreement (Smucker J M Co)

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Notice of Acceleration or Rescission. Whenever any Note shall be declared immediately due and payable pursuant to Section 12.1 8.1 or any such declaration shall be rescinded or and annulled pursuant to Section 12.38.2, the Obligors Company shall forthwith give written notice thereof to the holders holder of each Note at the time outstanding.

Appears in 2 contracts

Samples: Subordinated Note Restructuring Agreement (Prudential Insurance Co of America), Restructuring Agreement (Boots & Coots International Well Control Inc)

Notice of Acceleration or Rescission. Whenever any Note shall be declared immediately due and payable pursuant to Section 12.1 or any such declaration shall be rescinded or annulled pursuant to Section 12.3, the Obligors shall forthwith give written notice thereof to the holders of each Note at the time outstanding.”

Appears in 2 contracts

Samples: Note Purchase Agreements (Smucker J M Co), Note Purchase Agreements (Smucker J M Co)

Notice of Acceleration or Rescission. Whenever any Note shall be declared immediately due and payable pursuant to Section 12.1 paragraph 7A or any such declaration shall be rescinded or and annulled pursuant to Section 12.3paragraph 7B, the Obligors Partnerships shall forthwith give written notice thereof to the holders holder of each Note of each Series at the time outstanding.

Appears in 1 contract

Samples: Perkins Family Restaurants Lp

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Notice of Acceleration or Rescission. Whenever any Note shall be declared immediately due and payable pursuant to Section 12.1 (S) 7.01 or any such declaration shall be rescinded or and annulled pursuant to Section 12.3(S) 7.02, the Obligors Company shall forthwith file with the Trustee and give written notice thereof to the holders Holder of each Note at the time outstandingOutstanding.

Appears in 1 contract

Samples: Indenture (Buckeye Partners L P)

Notice of Acceleration or Rescission. Whenever any Note shall be declared immediately due and payable pursuant to Section 12.1 paragraph 7A or any such declaration shall be rescinded or and annulled pursuant to Section 12.3paragraph 7B, Electronic or the Obligors Company shall forthwith give written notice thereof to the holders holder of each Note of each Series at the time outstanding.

Appears in 1 contract

Samples: Private Shelf Agreement (Zero Corp)

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