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 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.

  • As an active partner with the Flynts and the school system, PEATC helped the Flynts navigate the special education maze successfully.

  • Application of Money Held in Funds Upon Event of Default or Declaration of Acceleration.

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

  • The Trust will promptly notify the Commercial Paper Note Agent in writing upon becoming aware of the occurrence of an Amortization Commencement Day or a Declaration of Acceleration.

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

  • 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.

  • An important part of ICMA's existing CACs for the Terms and Conditions of Sovereign Notes as set out in the ICMA Primary Market Handbook are the provisions relating to a Declaration of Acceleration and a Withdrawal of Declaration of Acceleration.


More Definitions of Declaration of Acceleration

Declaration of Acceleration has the meaning specified in Section 8.02.
Declaration of Acceleration means, in relation to a Series, a declaration of acceleration with respect to such Series made under subsection 6.2(1), subsection 6.2(2) or the related Series Supplement.
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.

Related to Declaration of Acceleration

  • Acceleration as defined in Subsection 9.1(e).

  • Acceleration Event means the occurrence of an Event of Default (a) in respect of which Agent has declared all or any portion of the Obligations to be immediately due and payable pursuant to Section 10.2, (b) pursuant to Section 10.1(a), and in respect of which Agent has suspended or terminated the Revolving Loan Commitment pursuant to Section 10.2, and/or (c) pursuant to either Section 10.1(e) and/or Section 10.1(f).

  • Declaration Event of Default means an “Event of Default” as defined in the Declaration.

  • Acceleration Event of Default means an Event of Default under Section 5.1(a), (d), (e) or (f), whatever the reason for such Acceleration Event of Default and whether it shall be voluntary or involuntary or be effected by operation of law or pursuant to any judgment, decree or order of any court or any order, rule or regulation of any administrative or governmental body.

  • Acceleration Date on any Security means the date, if any, on and after which the principal or any or all installments of interest, or both, are due and payable on any Security which has become accelerated pursuant to the terms of the Security.

  • Obligation Acceleration means one or more Obligations in an aggregate amount of not less than the Default Requirement have become due and payable before they would otherwise have been due and payable as a result of, or on the basis of, the occurrence of a default, event of default or other similar condition or event (however described), other than a failure to make any required payment, in respect of a Reference Entity under one or more Obligations.

  • Acceleration Right means the Participant’s right, in certain circumstances, to exercise its outstanding Option as to all or any of the Common Shares in respect of which such Option has not previously been exercised and which the Participant is entitled to exercise, including in respect of Common Shares not otherwise vested at such time;

  • Acceleration Notice shall have the meaning specified in Section 6.2.

  • Liquidity Event of Default with respect to any Liquidity Facility, has the meaning assigned to such term in such Liquidity Facility.

  • Declaration means this Amended and Restated Declaration of Trust, as amended from time to time. Reference in this Declaration of Trust to "Declaration," "hereof," "herein" and "hereunder" shall be deemed to refer to this Declaration rather than the article or section in which such words appear.

  • Payment Event of Default means an Event of Default specified in Section 7.1(a).

  • Insurance Agreement Event of Default means an "Event of Default" as defined in the Insurance Agreement.

  • Guarantee Event of Default means a default by the Guarantor on any of its payment or other obligations under this Guarantee.

  • Servicer Event of Default One or more of the events described in Section 7.01.

  • Master Servicer Event of Default One or more of the events described in Section 7.01.

  • Particle accelerator means any machine capable of accelerating electrons, protons, deuterons, or other charged particles in a vacuum and of discharging the resultant particulate or other radiation into a medium at energies usually in excess of one MeV. For purposes of this definition, "accelerator" is an equivalent term.

  • Early Maturity Date means the date notified to the Investor as such in the Early Maturity Notice;

  • Repayment Event means any event or condition which gives the holder of any note, debenture or other evidence of indebtedness (or any person acting on such holder’s behalf) the right to require the repurchase, redemption or repayment of all or a portion of such indebtedness by the Company or any of its subsidiaries.

  • Guarantor Event of Default means the occurrence of any “Event of Default” under and as defined in the Performance Guaranty.

  • Loan Event of Default means any of the events specified in Section 5.1 of the Loan Agreement, provided that any requirement for the giving of notice, the lapse of time, or both, or any other condition, event or act has been satisfied.

  • Issuer Event of Default means the occurrence of any of the following events:

  • Accelerated Maturity Date means if the Company elects to accelerate the Maturity Date in accordance with Section 2.2(c), the date selected by the Company which is prior to the Scheduled Maturity Date, but is after March 31, 2002.

  • Note Event of Default means any “Event of Default” specified in Section 5.1 of the Indenture.

  • Mortgage Loan Event of Default means an “Event of Default” under and as defined in the Mortgage Loan Agreement.

  • Tax Event Repayment Date means the date set out in a notice from the Issuer to the Bondholders pursuant to Clause 10.4 (Early redemption option due to a tax event).

  • Acceleration Request means a request pursuant to Operating Agreement, Schedule 1, section 1.9.4A, and the parallel provisions of Tariff, Attachment K-Appendix, section 1.9.4A, to accelerate or reschedule a transmission outage scheduled pursuant to Operating Agreement, Schedule 1, section 1.9.2 or Operating Agreement, Schedule 1, section 1.9.4, and the parallel provisions of Tariff, Attachment K-Appendix, section 1.9.2 or Tariff, Attachment K-Appendix, section 1.9.4.