Cross Acceleration definition
Examples of Cross Acceleration in a sentence
A model provision that the Lender may elect to use in connection with this requirement has been provided for reference in Appendix B to the FAQs.2.N. Cross Acceleration Provisions.
Cross-Default, Cross Acceleration) of the Base Indenture shall no longer apply to the Notes and the occurrence of the events described in Sections 6.01(f) and (g) of the Base Indenture shall no longer constitute an Event of Default with respect to the Notes.
The service of an Issuer Enforcement Notice as mentioned above shall trigger the acceleration of sums due to Bondholders of the Series of French law Covered Bonds who have passed a resolution to this effect and a Covered Bonds Cross Acceleration Trigger Event shall be deemed to have occurred (i.e. a cross acceleration of sums due to Bondholders of all other Series of Covered Bonds).
We include dummies for the following indenture covenants: Cross Acceleration (cross- acceleration provisions), Additional Debt (restrictions on issuing additional debt), Sale-leaseback (restrictions on sale-leaseback transactions), Earnings Ratio (restric- tion on interest coverage), Dividend Restriction (restriction of dividend payouts), and Change in control (a put provision against specified events).
Cross Acceleration The CCO Holdings Indentures include various events of default, including cross acceleration provisions.
Upon the occurrence of an Event of Default as described in paragraphs (d) (Events of Default – Cross- Acceleration) and (e) (Events of Default – Security Enforced) of Condition 8, the Issuer shall promptly give notice thereof to the Bondholders in accordance with paragraph (i) of Condition 11.1 (through the NBB Clearing System) and 11.2 (the rules of Euronext Growth Brussels and any stock exchange or other relevant authority on which the Bonds are listed).
Cross Acceleration After the delivery of a Guarantor Default Notice with respect to a Series or Tranche, all Series or Tranche of Covered Bonds then outstanding will cross accelerate at the same time against the Guarantor.
The Issuer fails to duly perform any other material obligation arising under the Notes and any such failure continues for more than 30 days after the Fiscal Agent has received notice thereof from a Noteholder; or (iii) Cross Acceleration.
The Issuer fails to duly perform any other material obligation arising under the Notes and any such failure continues forden Schuldverschreibungen, und die Unterlassung dauert länger als 30 Tage fort, nachdem die Emissionsstelle hierüber eine Benachrichtigung von einem Anleihegläubiger erhalten hat; oder(iii) Cross Acceleration.
Any representation, warranty, certification or statement of fact made or deemed made by or on behalf of the Company in this Note, the Credit Agreement, any Borrowing Request or in any certificate or other document delivered pursuant hereto or thereto, shall be incorrect in any material respect when made or deemed made; or 10.5. Cross-Default; Cross Acceleration.