Common use of Other Acceleration Clause in Contracts

Other Acceleration. Upon the occurrence and during the continuance of any Event of Default not described in the preceding subsections (a), (b) or (c) of this Section 10.2, Lender may at any time and from time to time and without notice to Borrower, except as may otherwise be required hereunder, declare any or all of the Obligations immediately due and payable, and all such Obligations shall thereupon be immediately due and payable, without demand, presentment, notice of demand or of dishonor and nonpayment, protest, notice of protest, notice of intention to accelerate, declaration or notice of acceleration, or any other notice or declaration of any kind, all of which are hereby expressly waived by Borrower.

Appears in 2 contracts

Samples: Credit Agreement (Black Hills Corp /Sd/), Credit Agreement (Mallon Resources Corp)

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Other Acceleration. Upon the occurrence and during the continuance of any Event of Default not described in the preceding subsections (aSection 10.2(a), (b) or (c) of this Section 10.2, Lender may at any time and from time to time and without notice to Borrower, except as may otherwise be required hereunder, declare any or all of the Obligations immediately due and payable, and all such Obligations shall thereupon be immediately due and payable, without demand, presentment, notice of demand or of dishonor and nonpayment, protest, notice of protest, notice of intention to accelerate, declaration or notice of acceleration, or any other notice or declaration of any kind, all of which are hereby expressly waived by Borrower.

Appears in 1 contract

Samples: Senior Secured Credit Agreement (Kentucky USA Energy, Inc.)

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Other Acceleration. Upon the occurrence and during the continuance of any Event of Default not described in the preceding subsections (apreceding. Section 10.2(a), (b) or (c) of this Section 10.2, Lender may at any time and from time to time and without notice to BorrowerBorrowers, except as may otherwise be required hereunder, declare any or all of the Obligations immediately due and payable, and all such Obligations shall thereupon be immediately due and payable, without demand, presentment, notice of demand or of dishonor and nonpayment, protest, notice of protest, notice of intention to accelerate, declaration or notice of acceleration, or any other notice or declaration of any kind, all of which are hereby expressly waived by BorrowerBorrowers.

Appears in 1 contract

Samples: Advancing Term Credit Agreement (Westside Energy Corp)

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