Common use of Right To Accelerate Loan Clause in Contracts

Right To Accelerate Loan. The Loan shall become due and payable in full, and the Lender shall have the right to accelerate the Loan and declare an Event of Default, at the option of Lender, upon any breach or violation of the provisions of Section 9.6.

Appears in 3 contracts

Samples: Loan Agreement (Unitil Corp), Loan Agreement (Sonesta International Hotels Corp), Construction Loan Agreement (American Retirement Corp)

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Right To Accelerate Loan. The Loan shall become due and payable in full, and the Lender shall have the right to accelerate the Loan and declare an Event of Default, at the option of Lender, upon any breach or violation of the provisions of Section 9.68.6.

Appears in 1 contract

Samples: Loan Agreement (Worksport LTD)

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Right To Accelerate Loan. The Loan shall become due and payable in full, and the Lender shall have the right to accelerate the Loan and declare an Event of Default, at the option of Lender, upon any breach or violation of the provisions of Section 9.6, subject, however, to any applicable grace or cure periods afforded Borrower hereunder.

Appears in 1 contract

Samples: Commercial Real Estate Mortgage Loan Agreement (Procaccianti Hotel Reit, Inc.)

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