Notice of Acceleration definition

Notice of Acceleration either (i) a notice delivered by the Administrative Agent to the Company pursuant to clause (B) of Section 8 or (ii) the occurrence and continuation of an Event of Default under clause (A) of Section 8.
Notice of Acceleration has the meaning assigned to such term in the Collateral Trust Agreement.
Notice of Acceleration means a written notice stating that the principal sum owing hereunder has become due and payable (with or without interest) due to the occurrence of an Event of Default (as set forth in the Trust Deed).

Examples of Notice of Acceleration in a sentence

  • Any such notice from the Trustee or Holders shall specify the applicable Event(s) of Default and state that such notice is a “Notice of Acceleration.” Upon such declaration of acceleration pursuant to a Notice of Acceleration, the aggregate principal of and accrued and unpaid interest, if any, on the outstanding Notes shall become due and payable without further action or notice.

  • A Notice of Acceleration, once effective, shall remain in effect unless and until it is cancelled as provided in Section 2.1(c).

  • A Notice of Acceleration, once effective, shall remain in effect unless and until it is cancelled as provided in subsection 2.1(c).

  • If Navistar Financial shall not have joined in the execution of such instruments and agreements within 10 days after it receives a written request from the Trustee to do so, or if a Notice of Acceleration is in effect, the Trustee may act under the foregoing provisions of this Section without the concurrence of Navistar Financial.

  • So long as such Notice of Acceleration is in effect, the Trustee shall exercise the rights and remedies provided in this Article.


More Definitions of Notice of Acceleration

Notice of Acceleration. Written notice as follows:
Notice of Acceleration means (a) a written notice delivered to the Shared Collateral Agent, (i) while any RHDI Secured Obligations are outstanding, by the RHDI Administrative Agent, (ii) while any Dex East Secured Obligations are outstanding, by the Dex East Administrative Agent, (iii) while any Dex West Secured Obligations are outstanding, by the Dex West Administrative Agent or (iv) while any SuperMedia Obligations are outstanding, by the SuperMedia Administrative Agent, in each case stating that an Acceleration Event has occurred and is continuing in respect of the relevant Secured Obligations or (b) the occurrence of any Event of Default pursuant to Section 7(i) or 7(j) of the RHDI Credit Agreement, Section 7(i) or 7(j) of the Dex East Credit Agreement, Section 7(i) or 7(j) of the Dex West Credit Agreement or Section 7(i) or 7(j) of the SuperMedia Credit Agreement, as the case may be. Each Notice of Acceleration shall be in substantially the form of Exhibit D.
Notice of Acceleration means (a) a written notice delivered to the Subordinated Guarantee Agent, (i) while any Dex East Borrower Obligations are outstanding, by the Dex East Administrative Agent, (ii) while any Dex West Borrower Obligations are outstanding, by the Dex West Administrative Agent, (iii) while any RHDI Borrower Obligations are outstanding, by the RHDI Administrative Agent, or (iv) while any SuperMedia Borrower Obligations are outstanding, by the SuperMedia Administrative Agent, in each case stating that an Acceleration Event has occurred and is continuing in respect of the respective Borrower Obligations or (b) the occurrence of any Event of Default pursuant to Section 7(i) or 7(j) of the Existing Dex East Credit Agreement, Section 7(i) or 7(j) of the Existing Dex West Credit Agreement, Section 7(i) or 7(j) of the Existing RHDI Credit Agreement or Section 7(i) or 7(j) of the Existing SuperMedia Credit Agreement as the case may be. Each Notice of Acceleration shall be in substantially the form of Exhibit C.
Notice of Acceleration means a written notice delivered to the Trustee:
Notice of Acceleration has the meaning set forth in Section 6.02.
Notice of Acceleration has the meaning set forth in Section 4.02.
Notice of Acceleration as defined in the Trust Agreement. ----------------------