No Acceleration definition

No Acceleration. The Debt Noteholder shall have no right to accelerate future schedule of payments of interest or capital, except in case of the Issuer’s liquidation, observing the provisions of Clause 1 (ii) of this Exhibit and article 20, IV, of Resolution No. 4192.

Examples of No Acceleration in a sentence

  • No Acceleration of Maturities of Bonds of a Series .............................

  • Event of Default Defined; No Acceleration of Maturity in case of Default in Payment.

  • For purposes of this provision, the Participant shall be considered to be a “specified employee” if, at the time of his or her separation from service, the Participant is a “key employee”, within the meaning of Section 416(i) of the Code, of the Company (or any person or entity with whom the Company would be considered a single employer under Section 414(b) or Section 414(c) of the Code) any stock in which is publicly traded on an established securities market or otherwise.(d) No Acceleration of Payments.

  • If a payment change election only modifies the timing of an installment payment, the payment change election must apply to each installment and must satisfy Section 7.4(B) measured from each installment payment.(C) No Acceleration.

  • No Acceleration Acceleration of the deferral period elected by the grantee shall not be permitted, except as provided in regulations promulgated under Section 409A of the Code.

  • The occurrence of a Change in Control Event (within the meaning of Section 16(c)(i) hereof), including the Company’s discretionary exercise of the right to accelerate vesting of such grant upon a Change in Control Event or to terminate the Plan or any 409A Award granted hereunder within 12 months of the Change in Control Event.(b) No Acceleration.

  • Event of Default Defined; No Acceleration of Maturity in case of Default in Payment 25 Section 5.02.

  • Rights of Employees, Participants - No Acceleration of Distributions) is added as follows:8.3 No Acceleration of Distributions.

  • No Acceleration — I understand that after completion of this election under the Plan, the law provides that I cannot request an acceleration of the timing of my payment for this Award under the Plan.

  • In such circumstances, the Board may also determine not to pay any Dividend Equivalent that has accrued and has not been paid with respect to any RSUs.(d) No Acceleration.

Related to No Acceleration

  • Acceleration means, with respect to the amounts payable in respect of the Equipment Notes issued under any Indenture, such amounts becoming immediately due and payable by declaration or otherwise. “Accelerate”, “Accelerated” and “Accelerating” have meanings correlative to the foregoing.

  • Acceleration Date on any Security means the date 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 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).

  • 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.

  • 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.

  • Maximum Maturity means an obligation that has a remaining maturity of not greater than the period specified in the Standard (or if no such period is specified, thirty years);

  • 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;

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

  • Latest Possible Maturity Date The Distribution Date following the third anniversary of the scheduled maturity date of the Mortgage Loan having the latest scheduled maturity date as of the Cut-off Date.

  • Scheduled Maturity Date means June 30, 2032.

  • Class C Maturity Date means [ ] (or, if such day is not a Business Day, the next succeeding Business Day thereafter).

  • Liquidity Event of Default means the occurrence of either (a) the Acceleration of all of the Equipment Notes or (b) an American Bankruptcy Event.

  • Class A-2 Maturity Date means [ ] (or, if such day is not a Business Day, the next succeeding Business Day thereafter).

  • Latest Maturity Date means, at any date of determination, the latest maturity or expiration date applicable to any Loan or Commitment hereunder at such time, including the latest maturity or expiration date of any Other Term Loan, any Other Term Commitment, any Other Revolving Loan or any Other Revolving Commitment, in each case as extended in accordance with this Agreement from time to time.

  • Legal Maturity Date means July 15, 2024.

  • Amortization Event has the meaning specified in Article IX.

  • Class B Maturity Date means [ ] (or, if such day is not a Business Day, the next succeeding Business Day thereafter).

  • Final Maturity Date means March 31, 2022.

  • Springing Maturity Date has the meaning specified in the definition of “Maturity Date”.

  • Final Maturity has the meaning specified in Section 308.