ARYX » Topics » Mandatory Prepayment Upon Acceleration

This excerpt taken from the ARYX 8-K filed Oct 23, 2008.
Mandatory Prepayment Upon Acceleration.  If this Note is accelerated following the occurrence of an Event of Default or otherwise, then Borrower shall immediately pay to Lender (i) all unpaid Scheduled Payments due before the date of prepayment, (ii) the outstanding principal amount of the Note, (iii) the Final Payment, (iv) the Restructure Fee and (v) all other sums, if any, that shall have become due and payable hereunder with respect to this Note.

 

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