Common use of Acceleration; Remedies Clause in Contracts

Acceleration; Remedies. Upon the occurrence and during the continuation of an Event of Default, the Administrative Agent may or, upon the request and direction of the Required Lenders, shall take the following actions without prejudice to the rights of the Administrative Agent or any Lender to enforce its claims against the Borrower, except as otherwise specifically provided for herein:

Appears in 52 contracts

Samples: Term Loan Agreement (Public Service Co of New Mexico), Term Loan Agreement (Public Service Co of New Mexico), Credit Agreement (Public Service Co of New Mexico)

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Acceleration; Remedies. Upon the occurrence and during the continuation of an Event of Default, the Administrative Agent may ormay, with the consent of the Required Lenders, and shall, upon the request and direction of the Required Lenders, shall by written notice to the Borrower take any of the following actions without prejudice to the rights of the Administrative Agent or any Lender to enforce its claims against the Borrower, except as otherwise specifically provided for herein:

Appears in 28 contracts

Samples: Revolving Credit Agreement (Atmos Energy Corp), Revolving Credit Agreement (Atmos Energy Corp), Term Loan Agreement (Atmos Energy Corp)

Acceleration; Remedies. Upon the occurrence of and during the continuation of an Event of Default, the Administrative Agent may or(or the Collateral Agent, upon as applicable) shall, at the request and direction of of, or may, with the consent of, the Required Lenders, shall take any or all of the following actions without prejudice to the rights of the Administrative Agent or any Lender to enforce its claims against the Borrower, except as otherwise specifically provided for hereinactions:

Appears in 24 contracts

Samples: Abl Credit Agreement (MKS Instruments Inc), Term Loan Credit Agreement (MKS Instruments Inc), Credit Agreement (Jazz Pharmaceuticals PLC)

Acceleration; Remedies. Upon the occurrence and during the continuation of an Event of Default, the Administrative Agent may oror shall, upon the request and direction of the Required Lenders, shall take the following actions without prejudice to the rights of the Administrative Agent or any Lender to enforce its claims against the BorrowerCredit Parties, except as otherwise specifically provided for herein:

Appears in 7 contracts

Samples: Credit Agreement (Quest Diagnostics Inc), Credit Agreement (Quest Diagnostics Inc), Credit Agreement (Polaris Industries Inc/Mn)

Acceleration; Remedies. Upon the occurrence and during the continuation of an Event of Default, the Administrative Agent may or, upon the request and direction of the Required Lenders, shall take the following actions without prejudice to the rights of the Administrative Agent or any Lender to enforce its claims against the applicable Borrower (and the Company if it guaranties the Borrower Obligations of such Borrower), except as otherwise specifically provided for herein:

Appears in 3 contracts

Samples: Credit Agreement (PNM Resources Inc), Credit Agreement (PNM Resources Inc), Credit Agreement (PNM Resources Inc)

Acceleration; Remedies. Upon the occurrence and during the continuation of an Event of Default, the Administrative Agent may oror shall, upon the request and direction of the Required Lenders, shall take the following actions without prejudice to the rights of the Administrative Agent or any Lender to enforce its claims against the Borrower, except as otherwise specifically provided for herein:

Appears in 3 contracts

Samples: Credit Agreement (Quest Diagnostics Inc), Credit Agreement (Quest Diagnostics Inc), Credit Agreement (Quest Diagnostics Inc)

Acceleration; Remedies. Upon the occurrence and during the continuation of an Event of Default, the Administrative Agent may or, upon the request and direction of the Required Lenders, shall take the following actions without prejudice to the rights of the Administrative Agent or any Lender to enforce its claims against the BorrowerBorrower and the Parent Guarantor, except as otherwise specifically provided for herein:

Appears in 3 contracts

Samples: Term Loan Credit Agreement, Term Loan Credit Agreement (PNM Resources Inc), Term Loan Credit Agreement (PNM Resources Inc)

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Acceleration; Remedies. Upon Following the occurrence and during the continuation continuance of an Event of Default, the Administrative Agent may orshall, upon the request and direction of the Required Lenders, shall by written notice to the Borrower, take any of the following actions without prejudice to the rights of the Administrative Agent Agents or any Lender to enforce its claims against the BorrowerCredit Parties, except as otherwise specifically provided for herein:

Appears in 2 contracts

Samples: Credit Agreement (Covance Inc), Credit Agreement (Covance Inc)

Acceleration; Remedies. Upon the occurrence and during the continuation of an Event of Default, the Administrative Agent may ormay, with the consent of, and shall, upon the request and direction of of, the Required Lenders, shall by written notice to the Borrower, take any of the following actions without prejudice to the rights of the Administrative Agent or any Lender to enforce its claims against the Borrowerany Credit Party, except as otherwise specifically provided for herein:

Appears in 1 contract

Samples: Term Loan Credit Agreement (Nacco Industries Inc)

Acceleration; Remedies. Upon the occurrence and during the continuation of an Event of Default, the Administrative Agent may or, upon the request and direction of the Required Lenders, shall take the following actions without prejudice to the rights of the Administrative Agent Agent, the L/C Issuer or any Lender to enforce its claims against the Borrower, except as otherwise specifically provided for herein:

Appears in 1 contract

Samples: Reimbursement Agreement (PNM Resources Inc)

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