Declaration of Acceleration definition

Declaration of Acceleration means a declaration given in accordance with the provisions of the Indenture that all principal of and interest on the Bonds are due and payable immediately.
Declaration of Acceleration means a declaration of acceleration with respect to all affected Series under Subsection 6.2(1) or the related Series Supplement.
Declaration of Acceleration means, in relation to a Series, an automatic acceleration with respect to such Series under Section 6.2(a) or a declaration of acceleration with respect to such Series under Section 6.2(b) or the related Series Supplement.

Examples of Declaration of Acceleration in a sentence

  • Upon any such Declaration of Acceleration the Default Amount shall be due and payable immediately.

  • If an Event of Default specified in clause (ix) or (x) of Section 6.01(a) occurs with respect to the Company or any of the Subsidiary Guarantors, the Default Amount shall ipso facto become and be immediately due and payable without any Declaration of Acceleration or other act on the part of the Trustee or any Securityholder.

  • Declaration of Acceleration; Rescission and Annulment.....39 SECTION 803.

  • If an Event of Default specified in clause (ix) or (x) of Section 6.01(a) occurs with respect to an Issuer or any of the Subsidiary Guarantors, the Default Amount shall IPSO FACTO become and be immediately due and payable without any Declaration of Acceleration or other act on the part of the Trustee or any Securityholder.

  • Declaration of Acceleration; Rescission and Annulment ........................

  • Declaration of Acceleration; Rescission and Annulment ....................

  • Declaration of Acceleration; Rescission and Annulment....37 SECTION 803.


More Definitions of Declaration of Acceleration

Declaration of Acceleration means the declaration by the Trustee that payment of the principal of and interest on all Outstanding Bonds is accelerated and is due and payable pursuant to the Indenture.
Declaration of Acceleration has the meaning specified in Section 8.02.