Acceleration Default definition

Acceleration Default means any Event of Default of the type described in Section 4.1(f) of the Indenture.

Acceleration Default has the meaning assigned to such term in the Security Agreement.

Acceleration Default means, with respect to (i) the Bank Credit Parties, a Credit Agreement Event of Default has occurred, and, as a result thereof, there has been an acceleration of the Credit Agreement Obligations, (ii) the Senior Noteholders, a Senior Note Event of Default has occurred, and, as a result thereof, there has been an acceleration of the Senior Note Obligations, and (iii) the Junior Noteholders, a Junior Note Event of Default has occurred, and, as a result thereof, there has been an acceleration of the Junior Note Obligations.

Examples of Acceleration Default in a sentence

• The question of why these effects are realized remains largely unanswered, but in light of these findings, is particularly important to pursue (Finn & Achilles, 1990).

• When the Trustee incurs expenses or renders services in connection with an Acceleration Default, such expenses (including the fees and expenses of its counsel) and the compensation for such services are intended to constitute expenses of administration under any Applicable Law relating to bankruptcy matters or Applicable Law relating to creditors’ rights generally.

• When the Trustee incurs expenses or renders services in connection with an Acceleration Default, such expenses (including the fees and expenses of its counsel) and the compensation for such services are intended to constitute expenses of administration under any bankruptcy law or law relating to creditors’ rights generally.

• Upon acceleration of this Note after the occurrence of an Acceleration Default, there shall become due and payable under this Note, as additional principal, without notice or demand, a sum equal to Ten Percent (10%) of the accelerated amount.

• When the Trustee Incurs expenses or renders services in connection with an Acceleration Default, such expenses (including the fees and expenses of its counsel) and the compensation for such services are intended to constitute expenses of administration under any bankruptcy law or law relating to creditors’ rights generally.

More Definitions of Acceleration Default

Acceleration Default means, in relation to any Loan, a default that under the terms of the Loan either results in an automatic acceleration of the maturity of such Loan or may result in the acceleration of the maturity of such Loan upon any requisite vote of lenders.

Acceleration Default means an Event of Default which either (i) results in acceleration of the maturity of some or all of the Obligations or (ii) arises from a failure to pay the principal amount of some or all of the Obligations at final maturity.

Acceleration Default means the Lender's acceleration of the indebtedness evidenced by this Note after the occurrence of an Event of Default.

Acceleration Default means any Event of Default of the type described in Section 4.01(f) or 4.01(g) hereof. “Account” means any or, in its plural form, all of the accounts established pursuant to Section 3.01(a) hereof and anyledger accounts and ledger subaccounts maintained therein in accordance with this Intercreditor Agreement.

Acceleration Default defined in the Security Agreement.

Acceleration Default means an event of default under the Regulatory Agreement or the Loan Agreement which, in the opinion of Bond Counsel, would be likely to prevent the exclusion from federal income taxation of the interest on the Bonds or a portion thereof in the absence of an acceleration of the Notes and redemption of the Bonds.

Acceleration Default. (i) with respect to the 2003 Lenders, a 2003 Credit Agreement Event of Default has occurred and, as a result thereof, there has been an acceleration of the 2003 Obligations and (ii) with respect to the Noteholders, a Senior Note Event of Default has occurred and, as a result thereof, there has been an acceleration of the majority principal amount of Senior Notes issued under any Senior Note Indenture.