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Notice of Acceleration / Event of Default
MICHIGAN STRATEGIC FUND VARIABLE RATE DEMAND LIMITED
OBLIGATION REVENUE REFUNDING BONDS (GRAND RIVER
INFRASTRUCTURE, INC. PROJECT), SERIES 2006NOTICE IS HEREBY
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What is notice of acceleration event?
The notice of acceleration event is a document that notifies parties involved in a contract that an event triggering acceleration of certain obligations has occurred.
Who is required to file notice of acceleration event?
The party responsible for monitoring and enforcing the contractual obligations is required to file the notice of acceleration event.
How to fill out notice of acceleration event?
The notice of acceleration event should be filled out with details of the triggering event, relevant dates, parties involved, and any other pertinent information specified in the contract.
What is the purpose of notice of acceleration event?
The purpose of the notice of acceleration event is to formally declare that certain obligations under the contract are being accelerated due to the occurrence of a specified event.
What information must be reported on notice of acceleration event?
The notice of acceleration event must report details of the triggering event, the affected obligations, parties involved, date of occurrence, and any other relevant information as required by the contract.
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