Common use of Restrictions on Acceleration Clause in Contracts

Restrictions on Acceleration. Notwithstanding any contrary provision of this Note, any Note Obligations or any Note Agreement, (a) no Note Obligations (other than payments permitted by Section 3.3(a)) shall become or be declared to be due and payable prior to the date on which the Senior Indebtedness becomes or is declared to be due and payable and (b) if any Senior Indebtedness shall have become or been declared to be due and payable prior to its stated maturity, the Note Obligations shall become immediately due and payable.