Sunedison Inc. (fka SUNEQ)

[FEED_THE_FOXES]

Penknee is correct. "Acceleration" clauses are boiler plate provisions in loan agreements. But for the reading impaired, SUNE's "Senior Secured Superpriority DIP Credit Agreement" dated April 26, 2016 states in Events of Default in Section 8.01 the first item "(a) Non-payment" definition and in Section 8.02 Remedies Upon Default where "(a)" no more loans will be made and "(b)" the lenders make the declaration that ALL amounts outstanding are immediately due and payable. The DIP lenders do not care about what happens to SUNE after they are paid out in full. They are not in the business of chasing rainbows.