Common use of Acceleration; Remedies Clause in Contracts

Acceleration; Remedies. Upon the occurrence of an Event of Default, and at any time thereafter unless and until such Event of Default has been waived by the Required Lenders (or the Lenders as may be required hereunder) the Agent may, and shall, upon the request and direction of the Required Lenders, by written notice to the Borrower take any of the following actions without prejudice to the rights of the Agent or any Lender to enforce its claims against the Borrower, except as otherwise specifically provided for herein:

Appears in 10 contracts

Samples: Credit Agreement (Wisconsin Energy Corp), Credit Agreement (Wisconsin Energy Corp), Credit Agreement (Wisconsin Energy Corp)

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Acceleration; Remedies. Upon the occurrence of an Event of Default, and at any time thereafter unless and until such Event of Default has been waived in writing by the Required Lenders (or the Lenders as may be required hereunder) ), the Agent may, and shall, upon the request and direction of the Required Lenders, by written notice to the Borrower Borrower, take any of the following actions without prejudice to the rights of the Agent or any Lender to enforce its claims against the Borrower, except as otherwise specifically provided for hereinactions:

Appears in 9 contracts

Samples: Credit Agreement (Chattem Canada Holdings Inc), Credit Agreement (Chattem Inc), Credit Agreement (Chattem Inc)

Acceleration; Remedies. Upon the occurrence of an Event of Default, and at any time thereafter unless and until such Event of Default has been waived by the Required Lenders (or the Lenders Required Lenders, as may be required hereunder) applicable, the Administrative Agent may, and shall, or upon the request and direction of the Required LendersLenders shall, by written notice to the Borrower 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 7 contracts

Samples: Credit Agreement (Baker Hughes Inc), Credit Agreement (Baker Hughes Inc), Credit Agreement (Baker Hughes Inc)

Acceleration; Remedies. Upon the occurrence of an Event of Default, and at any time thereafter unless and until such Event of Default has been waived by the Required Lenders (or the Lenders as may be required hereunder) ), the Agent may, with the consent of the Required Lenders, and shall, upon the request and direction of the Required Lenders, by written notice to the Borrower take any of the following actions without prejudice to the rights of the Agent or any Lender to enforce its claims against the Borrower, except as otherwise specifically provided for herein:

Appears in 5 contracts

Samples: Credit Agreement (DCP Midstream Partners, LP), Credit Agreement (DCP Midstream Partners, LP), Credit Agreement (Spectra Energy Partners, LP)

Acceleration; Remedies. Upon the occurrence of an Event of Default, and at any time thereafter unless and until such Event of Default has been waived in writing by the Required Lenders (or the Lenders as may be required hereunder) ), the Administrative Agent may, and shall, upon the request and direction of the Required Lenders, by written notice to the Borrower Borrower, take any of the following actions without prejudice to the rights of the Agent Agents or any Lender to enforce its claims against the BorrowerCredit Parties, except as otherwise specifically provided for herein:

Appears in 4 contracts

Samples: Credit Agreement (Jumbosports Inc), Credit Agreement (Sports & Recreation Inc), Credit Agreement (United Dominion Realty Trust Inc)

Acceleration; Remedies. Upon the occurrence of an Event of Default, and at any time thereafter unless and until such Event of Default has been waived in writing by the Required Lenders (or the Lenders as may be required hereunder) ), the Administrative Agent may, and shallor, upon the request and direction of the Required Lenders, shall, by written notice to the Borrower 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 4 contracts

Samples: Revolving Credit Agreement (Pan Pacific Retail Properties Inc), Revolving Credit Agreement (Pan Pacific Retail Properties Inc), Term Credit Agreement (Pan Pacific Retail Properties Inc)

Acceleration; Remedies. Upon the occurrence of an Event of Default, Default and at any time thereafter thereafter, unless and until such Event of Default has been waived by in writing with the Required Lenders (or the consent of those Lenders as may be required hereunderpursuant to Section 10.01, the Administrative Agent (or with respect to the Collateral, the Collateral Agent) the Agent may, and shall, upon the request and direction of the Required Lenders, by written notice to the Borrower Borrower, take any of the following actions without prejudice to the rights of the Agent Agents or any Lender to enforce its claims against the Borrower, Loan Parties except as otherwise specifically provided for herein:

Appears in 4 contracts

Samples: Credit Agreement (Verifone Systems, Inc.), Credit Agreement (Verifone Systems, Inc.), Credit Agreement (Verifone Systems, Inc.)

Acceleration; Remedies. Upon the occurrence of an Event of Default, and at any time thereafter unless and until such Event of Default has been waived by the Required Lenders or cured to the satisfaction of the Required Lenders (or pursuant to the Lenders as may be required hereunder) voting procedures in Section 10.6), the Administrative Agent may, and shall, upon the request and direction of the Required Lenders, by written notice to the Borrower take any of the following actions without prejudice to the rights of the Agent or any Lender to enforce its claims against the Borrower, except as otherwise specifically provided for herein:actions: (a)

Appears in 3 contracts

Samples: Credit Agreement (Autozone Inc), Credit Agreement (Autozone Inc), Day Credit Agreement (Autozone Inc)

Acceleration; Remedies. Upon the occurrence of an Event of Default, and at any time thereafter unless and until such Event of Default has been waived by the Required Lenders (or the Lenders as may be required hereunder) the Administrative Agent may, with the consent of the Required Lenders, and shall, upon the request and direction of the Required Lenders, 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 3 contracts

Samples: Credit Agreement (Oglethorpe Power Corp), Credit Agreement (Oglethorpe Power Corp), Credit Agreement (Oglethorpe Power Corp)

Acceleration; Remedies. Upon the occurrence of an Event of Default, and at any time thereafter unless and until such Event of Default has been waived in writing by the Required Lenders (or the all Lenders as may be required hereunder) pursuant to Section 10.01), the Administrative Agent may, and shall, upon the request and direction of the Required Lenders, by written notice to the Borrower Borrower, take any of the following actions without prejudice to the rights of the Agent Agents or any Lender to enforce its claims against the Borrower, Borrower except as otherwise specifically provided for herein:

Appears in 2 contracts

Samples: Credit Agreement (Worthington Industries Inc), Revolving Credit Agreement (Worthington Industries Inc)

Acceleration; Remedies. Upon the occurrence of an Event of Default, and at any time thereafter unless and until such Event of Default has been waived in writing by the Required Lenders (or the Lenders as may be required hereunder) ), the Agent may, and shall, upon the request and direction of the Required Lenders, by written notice to the Borrower take any of the following actions without prejudice to the rights of the Agent or any Lender to enforce its claims against the Borrower, except as otherwise specifically provided for hereinactions:

Appears in 2 contracts

Samples: Credit Agreement (Staff Leasing Inc), Credit Agreement (Staff Leasing Inc)

Acceleration; Remedies. Upon the occurrence of and during the continuation of an Event of Default, and at any time thereafter unless and until such Event of Default has been cured by the Borrower or waived in writing by the Required Lenders (or the Lenders as may be required hereunderpursuant to Section 10.01), the Administrative Agent (or the Collateral Agent, as applicable) shall, at the Agent request of, or may, and shallwith the consent of, upon the request and direction of the Required Lenders, by written notice to the Borrower take any or all of the following actions without prejudice to the rights of the Agent or any Lender to enforce its claims against the Borrower, except as otherwise specifically provided for hereinactions:

Appears in 2 contracts

Samples: Credit Agreement (Sbarro Express LLC), Second Lien Credit Agreement (Sbarro Inc)

Acceleration; Remedies. Upon the occurrence and during the continuance of an Event of Default, Default and at any time thereafter unless and until such Event of Default has been waived in writing by the Required Lenders (or the Lenders as may be required hereunder) ), the Administrative Agent may, and shall, upon the request and direction of the Required Lenders, by written notice to the Borrower Borrower, take any of the following actions without prejudice to the rights of the 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 (Ryans Family Steakhouses Inc), Credit Agreement (Davel Communications Inc)

Acceleration; Remedies. Upon the occurrence of an Event of Default, and at any time thereafter unless and until such Event of Default has been waived by the Required Lenders or cured to the satisfaction of the Lenders (or pursuant to the Lenders as may be required hereunder) voting procedures in Section 12.07), the Agent may, and shallAdministrative Agent, upon the request and direction of the Required Lenders, shall, by written notice to the Borrower Borrowers, take any of the following actions without prejudice to the rights of the Administrative Agent or any Lender to enforce its claims against the BorrowerBorrowers, except as otherwise specifically provided for herein:

Appears in 2 contracts

Samples: Day Credit Agreement (Jp Foodservice Inc), Five Year Credit Agreement (Jp Foodservice Inc)

Acceleration; Remedies. Upon the occurrence occurrence, and during the continuance, of an Event of Default, and at any time thereafter unless and until such Event of Default has been waived in writing by the Required Lenders (or the Lenders as may be required hereunder) the Agent may, and shall, upon the request and direction of the Required Lenders, by written notice to the Borrower Borrower, take any of the following actions without prejudice to the rights of the Agent or any Lender to enforce its claims against the Borrower, except as otherwise specifically provided for herein:actions

Appears in 1 contract

Samples: Credit Agreement (Maxim Group Inc /)

Acceleration; Remedies. Upon the occurrence of an Event of Default, and at any time thereafter unless and until such Event of Default has been waived in writing by the Required Lenders (or the all Lenders as may be required hereunder) pursuant to Section 11.01), the Administrative Agent may, and shall, upon the request and direction of the Required Lenders, by written notice to the Borrower Caxxxxxxx, take any of the following actions without prejudice to the rights of the Agent Agents or any Lender to enforce its claims against the Borrower, any Borrower except as otherwise specifically provided for herein:

Appears in 1 contract

Samples: Five Year Revolving Credit Agreement (Carpenter Technology Corp)

Acceleration; Remedies. Upon the occurrence of an Event of Default, and at any time thereafter unless and until such Event of Default has been waived in writing by the Required Lenders (or the Lenders as may be required hereunder) ), the Administrative Agent may, and may or shall, upon the request and direction of the Required Lenders, by written notice to the Borrower take any of the following actions without prejudice to the rights of the Agent Agents or any Lender to enforce its claims against the BorrowerCredit Parties, except as otherwise specifically provided for herein:

Appears in 1 contract

Samples: Credit Agreement (Dispatch Management Services Corp)

Acceleration; Remedies. Upon the occurrence of an Event of Default, and at any time thereafter unless and until such Event of Default has been waived by the Required Lenders or cured to the satisfaction of the Lenders (or pursuant to the Lenders as may be required hereunder) voting procedures in Section 12.07), the Agent may, and shallAdministrative Agent, upon the request and direction of the Required Lenders, shall, by written notice to the Borrower 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 1 contract

Samples: Credit Agreement (Jp Foodservice Inc)

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Acceleration; Remedies. Upon the occurrence of an Event of Default, and at any time thereafter unless and until such Event of Default has been waived by the Required Lenders or cured to the satisfaction of the Lenders (or pursuant to the Lenders as may be required hereunder) voting procedures in Section 11.08), the Agent may, and shallAgent, upon the request and direction of the Required Lenders, shall, by written notice to the Borrower Borrower, take any of the following actions without prejudice to the rights of the Agent or any Lender to enforce its claims against the Borrower, except as otherwise specifically provided for herein:

Appears in 1 contract

Samples: Credit Agreement (Ralcorp Holdings Inc)

Acceleration; Remedies. Upon the occurrence of an Event of Default, and at any time thereafter unless and until such Event of Default has been waived by the Required Lenders (or cured to the Lenders as may be required hereunder) satisfaction of the Required Lenders, the Agent may, and shall, upon the request and direction of the Required Lenders, by written notice to the Borrower take any of the following actions without prejudice to the rights of the Agent or any Lender to enforce its claims against the BorrowerCredit Parties, except as otherwise specifically provided for herein:

Appears in 1 contract

Samples: Credit Agreement (Ivex Packaging Corp /De/)

Acceleration; Remedies. Upon the occurrence of an Event of Default, and at any time thereafter unless and until such Event of Default has been waived in writing by the Required Lenders (or the Lenders as may be required hereunder) ), the Administrative Agent may, and shall, upon the request and direction of the Required Lenders, by written notice to the Borrower Borrower, take any of the following actions without prejudice to the rights of the Agent Agents or any Lender to enforce its claims against the Borrower, Borrower except as otherwise specifically provided for herein:

Appears in 1 contract

Samples: Credit Agreement (Knoll Inc)

Acceleration; Remedies. Upon the occurrence existence of an Event of Default, and at any time thereafter unless and until such Event of Default has been waived in writing by the Required Lenders (or all of the Lenders as may be required hereunder) pursuant to Section 10.03), the Collateral Agent may(at the instruction of the Administrative Agent acting on the written request and direction of the Required Lenders), and shallor the Administrative Agent, upon the written request and direction of the Required Lenders, shall by written notice to the Borrower take any or all of the following actions without prejudice to the rights of the Agent or any Lender to enforce its claims against the Borrower, except as otherwise specifically provided for hereinactions:

Appears in 1 contract

Samples: Loan Agreement (PBF Holding Co LLC)

Acceleration; Remedies. Upon the occurrence of an Event of Default, and at any time thereafter unless and until such Event of Default has been waived in writing by the Required Lenders (or the Lenders as may be required hereunder) ), the Agent may, and shall, upon the request and direction of the Required Lenders, by written notice to the Borrower Borrowers, take any of the following actions without prejudice to the rights of the Agent or any Lender to enforce its claims against the BorrowerCredit Parties, except as otherwise specifically provided for herein:

Appears in 1 contract

Samples: Credit Agreement (Deltic Timber Corp)

Acceleration; Remedies. Upon the occurrence of an Event of Default, and at any time thereafter unless and until such Event of Default has been cured or waived in writing by the Required Lenders (or the Lenders as may be required hereunder) ), the Agent may, and shall, upon the request and direction of the Required Lenders, by written notice to the Borrower Borrower, take any of the following actions without prejudice to the rights of the Agent or any Lender to enforce its claims against the BorrowerCredit Parties, except as otherwise specifically provided for herein:

Appears in 1 contract

Samples: Credit Agreement (Chic by H I S Inc)

Acceleration; Remedies. Upon the occurrence of an Event of Default, and at any time thereafter unless and until such Event of Default has been waived by the Required Lenders (or cured to the Lenders as may be required hereunder) satisfaction of the Required Lenders, the Agent may, and shall, upon the request and direction of the Required Lenders, by written notice to the Borrower take any of the following actions without prejudice to the rights of the Agent or any Lender to enforce its claims against the BorrowerCredit Parties, except as otherwise specifically provided for herein:

Appears in 1 contract

Samples: Credit Agreement (Fruit of the Loom Inc /De/)

Acceleration; Remedies. Upon the occurrence of an Event of Default, and at any time thereafter unless and until such Event of Default has been waived in writing by the Required Lenders (and/or the Lenders or the Required Lenders as may be required hereunder) pursuant to Section 11.5), the Administrative Agent may, and shall, upon the request and direction of the Required LendersLenders (and/or the Lenders or the Required Lenders as may be required pursuant to Section 11.5), by written notice to the Borrower Borrower, take any of the following actions without prejudice to the rights of the Agent or any Lender to enforce its claims against the Borrower, except as otherwise specifically provided for hereinactions:

Appears in 1 contract

Samples: Credit Agreement (Medical Staffing Network Holdings Inc)

Acceleration; Remedies. Upon the occurrence of an Event of Default, and at any time thereafter unless and until such Event of Default has been waived in writing by the Required Lenders (or the all Lenders as may be required hereunder) pursuant to Section 11.01), the Administrative Agent may, and shall, upon the request and direction of the Required Lenders, by written notice to the Borrower Xxxxxxxxx, take any of the following actions without prejudice to the rights of the Agent Agents or any Lender to enforce its claims against the Borrower, any Borrower except as otherwise specifically provided for herein:

Appears in 1 contract

Samples: 364 Day Revolving Credit Agreement (Carpenter Technology Corp)

Acceleration; Remedies. Upon the occurrence of an Event of Default, and at any time thereafter unless and until such Event of Default has been waived in writing by the Required Lenders (or the Lenders as may be required hereunderpursuant to Section 10.01), the Administrative Agent (or the Collateral Agent, as applicable) the Agent may, and shall, upon the request and direction of the Required such Lenders, by written notice to the Borrower Company, take any of the following actions without prejudice to the rights of the Agent Agents or any Lender to enforce its claims against the Borrower, Loan Parties except as otherwise specifically provided for herein:.

Appears in 1 contract

Samples: Credit Agreement (Duane Reade Inc)

Acceleration; Remedies. Upon the occurrence of an Event of Default, and at any time thereafter unless and until such Event of Default has been waived in writing by the Required Lenders the Administrative Agent (or the Lenders Collateral Agent, as may be required hereunderapplicable) the Agent may, and shall, upon the request and direction of the Required Lenders, by written notice to the Borrower Borrower, take any of the following actions without prejudice to the rights of the Agent Agents or any Lender to enforce its claims against the Borrower, Loan Parties except as otherwise specifically provided for herein:

Appears in 1 contract

Samples: Credit Agreement (Fairchild Corp)

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