Common use of Action if Bankruptcy, etc Clause in Contracts

Action if Bankruptcy, etc. If any Event of Default described in clauses (a) through (d) of Section 8.1.9 shall occur with respect to any Obligor, the Term Loan Commitments (if not theretofore terminated) shall automatically terminate and the outstanding principal amount of all outstanding Term Loans and all other Term Loan Obligations shall automatically be and become immediately due and payable, without notice or demand.

Appears in 2 contracts

Samples: Term Loan Agreement (Specialty Foods Acquisition Corp), Term Loan Agreement (Specialty Foods Corp)

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Action if Bankruptcy, etc. If any Event of Default ------------------------- described in clauses (a) through (d) of Section 8.1.9 shall occur with respect to any Obligorthe Borrower, the Term ------------- Loan Commitments (if not theretofore terminated) shall automatically terminate and the outstanding principal amount of all outstanding Term Loans and all other Term Loan Obligations shall automatically be and become immediately due and payable, without notice or demand.

Appears in 1 contract

Samples: Term Loan Agreement (Jorgensen Earle M Co /De/)

Action if Bankruptcy, etc. If any Event of Default described in clauses clause (a), (b) through or (dc) of Section 8.1.9 shall occur with respect to any Obligor, the Term Loan Commitments (if not theretofore terminated) shall automatically terminate and the outstanding principal amount of all outstanding Term Loans and all other Term Loan Obligations shall automatically be and become immediately due and payable, without notice or demand.

Appears in 1 contract

Samples: Term Loan Agreement (Pci Carolina Inc)

Action if Bankruptcy, etc. If any Event of Default described in clauses (a) through (d) of Section 8.1.9 shall occur with respect to any Obligorthe Borrower, the Term Loan Commitments (if not theretofore terminated) shall automatically terminate and the outstanding principal amount of all outstanding Term Loans and all other Term Loan Obligations shall automatically be and become immediately due and payable, without notice or demand.

Appears in 1 contract

Samples: Credit Agreement (Pasta Group L L C)

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Action if Bankruptcy, etc. If any Event of Default described in clauses clause (a) through or (db) of Section 8.1.9 shall occur with respect to any Obligor, the Term Loan Commitments (if not theretofore terminated) shall automatically terminate and the outstanding principal amount of all outstanding Term Loans and all other Term Loan Obligations shall automatically be and become immediately due and payable, without notice or demand.

Appears in 1 contract

Samples: Term Loan Agreement (Pioneer East Inc)

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