acceleration clause การใช้

However, Rep . Dante Tinga ( Lakas, Tagig-Pateros ), chair of the House panel, yesterday denied the Senate panel had objected to the acceleration clause.
The legal provision in the loan agreement providing for the loan to be " called " is the " Acceleration Clause " : once the buyer defaults, all future payments due under the loan are " accelerated " and deemed to be due and payable immediately.
If A makes the first two payments, but fails to make the third payment, an acceleration clause would require that A must immediately pay B the entire balance of $ 60, 000, or lose his right to purchase Blackacre ( without getting a refund of his $ 40, 000 ).
Originally the two releases, " Quantum Gate " and " The Vortex ", were written and designed as a single story / experience, but the publisher, Media Vision, exercised an acceleration clause in the development contract and demanded the title months ahead of the original release date-causing the developers to have to split the title into two.