N.Y. Uniform Commercial Code Law § 1-309: Option to Accelerate at Will

Section 1--309. Option to Accelerate at Will.

A term providing that one party or that party's successor in interest

may accelerate payment or performance or require collateral or

additional collateral "at will" or when the party "deems itself

insecure," or words of similar import, means that the party has power to

do so only if that party in good faith believes that the prospect of

payment or performance is impaired. The burden of establishing lack of

good faith is on the party against which the power has been exercised.