accelerate


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accelerate

To demand the full amount due under a contract even though the original agreement allowed payments over time. Almost all promissory notes and leases have acceleration clauses in the event of default.If it were not for such clauses,the lender or landowner could be required to file separate lawsuits when each payment was missed, or wait until the end of the term and sue for all at once.

References in periodicals archive ?
Upon catching the hammer, you must follow with a violent counter action that will accelerate the ball to zero by countering against the hard heel.
Upon grounding the right foot at the completion of each turn you will be in position to greatly accelerate the hammer.
Likening the relationship between the general contractor and the owner to a conspiracy to accelerate, the court was not reluctant to impose liability upon the general contractor for its subcontractors' acceleration costs.