An acceleration clause is a contract provision that allows a lender to require a borrower to repay all of an outstanding loan if certain requirements are not met. An acceleration clause outlines the reasons that the lender can demand loan repayment and the repayment required. (Investopedia)
Prior to filing for Chapter 11, 1141 Realty Owner LLC, (the Debtor) received a notice of default and acceleration from Wilmington Trust NA (Wilmington). Wilmington demanded immediate repayment in full of the entire outstanding debt ... (Mondaq)
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