ACCELERATED MATURITY CIRCUMSTANCES Cláusulas de Ejemplo

ACCELERATED MATURITY CIRCUMSTANCES. The amounts owed by the Borrower under this Agreement may be declared due and enforceable by the Fund under the terms of Clause 14.4 in the event of any of the circumstances or breaches listed below (hereinafter, the "Accelerated Maturity Circumstances"). 14.1.1Non-payment. If the Borrower fails to pay on the corresponding due date (ordinary or premature) any amount owed by virtue of this Agreement, or the remaining Financial Documents, and in general if there is a breach by any of the Beneficiaries or Guarantors of any payment obligations derived from the Financial Documents, unless such payment defaults are the result of administrative errors by the Borrower and are rectified within a maximum of five (5) Business Days.