Common use of Right to Accelerate Clause in Contracts

Right to Accelerate. Except as expressly provided in the Indenture and this Deed of Trust, Beneficiary may, without notice, demand, presentment, notice of nonpayment or nonperformance, protest, notice of protest, notice of intent to accelerate, notice of acceleration or any other notice or any other action, all of which are hereby waived by Grantor and all other parties obligated in any manner whatsoever on the Liabilities, declare the entire unpaid balance of the Notes immediately due and payable, and upon such declaration, the entire unpaid balance of the Notes shall be immediately due and payable. The failure to exercise any remedy available to Beneficiary shall not be deemed to be a waiver of any rights or remedies of Beneficiary under the Indenture or Other Documents, at law or in equity.

Appears in 4 contracts

Samples: Deed of Trust, Assignment of Leases and Rents, Security Agreement and Fixture Filing (Styrochem U S LTD), Deed of Trust, Assignment of Leases and Rents, Security Agreement and Fixture Filing (Styrochem U S LTD), Deed of Trust, Assignment of Leases and Rents, Security Agreement and Fixture Filing (Styrochem U S LTD)

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Right to Accelerate. Except as expressly provided herein and in the Indenture and this Deed of Trust, other Loan Documents Beneficiary may, without notice, demand, presentment, notice of nonpayment or nonperformance, protest, nonperformance protest notice of protest, notice of intent to accelerate, notice of acceleration acceleration, or any other notice or any other action, all of which are hereby waived by Grantor and all other parties obligated in any manner whatsoever on the LiabilitiesIndebtedness, declare the entire unpaid balance of the Notes Indebledness immediately due and payable, and upon such declaration, the entire unpaid balance of the Notes shall Indebledness shell be immediately due and payable. The failure to exercise any remedy available to the Beneficiary shall not be deemed to be a waiver of any rights or remedies of the Beneficiary under the Indenture or Other Loan Documents, at law or in equity.

Appears in 1 contract

Samples: Purchase and Sales Agreement (Healthtech International Inc)

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Right to Accelerate. Except as expressly provided herein and in the Indenture and this Deed of Trustother Loan Documents, Beneficiary may, without notice, demand, presentment, notice of nonpayment or nonperformance, protest, notice of protest, notice of intent to accelerate, notice of acceleration acceleration, or any other notice or any other action, all of which are hereby waived by Grantor and all other parties obligated in any manner whatsoever on the LiabilitiesIndebtedness, declare the entire unpaid balance of the Notes Indebtedness immediately due and payable, and upon such declaration, the entire unpaid balance of the Notes Indebtedness shall be immediately due and payable. The failure to exercise any remedy available to the Beneficiary shall not be deemed to be a waiver of any rights or remedies of the Beneficiary under the Indenture or Other Loan Documents, at law or in equity.

Appears in 1 contract

Samples: Deed of Trust (Grubb & Ellis Healthcare REIT II, Inc.)

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