Common use of Action if Bankruptcy Clause in Contracts

Action if Bankruptcy. If any Event of Default described in clauses (i) through (iv) of Section 9.1(h) with respect to the Borrower shall occur, the Commitments (if not theretofore terminated) shall automatically terminate and the outstanding principal amount of the Loans and all other Obligations shall automatically be and become immediately due and payable, without notice or demand to any Person.

Appears in 20 contracts

Samples: Credit Agreement (Acutus Medical, Inc.), Credit Agreement (AVITA Medical, Inc.), Pledge and Security Agreement (Acutus Medical, Inc.)

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Action if Bankruptcy. If any Event of Default described in clauses (ia) through (ivd) of Section 9.1(h) 8.1.9 with respect to the Borrower shall occur, the Commitments (if not theretofore terminated) shall automatically terminate and the outstanding principal amount of the all outstanding Loans and all other Obligations (including Reimbursement Obligations) shall automatically be and become immediately due and payable, without notice or demand to any PersonPerson and each Obligor shall automatically and immediately be obligated to Cash Collateralize all Letter of Credit Outstandings.

Appears in 19 contracts

Samples: Credit Agreement (Hanesbrands Inc.), Credit Agreement (Kansas City Southern), Credit Agreement (Hanesbrands Inc.)

Action if Bankruptcy. If any Event of Default described in clauses (ib) through (ivd) of Section 9.1(h) 8.1.5 shall occur with respect to the Borrower shall occurBorrower, the Commitments (if not theretofore terminated) shall automatically terminate and the outstanding principal amount of the Loans Loan and all other Obligations shall automatically be and become immediately due and payable, without notice or demand to any Persondemand.

Appears in 12 contracts

Samples: Credit Agreement (Royal Caribbean Cruises LTD), Credit Agreement (Royal Caribbean Cruises LTD), Credit Agreement (Royal Caribbean Cruises LTD)

Action if Bankruptcy. If any Event of Default described in clauses (iSection 8.1(g) through (iv) of Section 9.1(h) with respect to the Borrower shall occur, the Commitments (if not theretofore terminated) shall automatically terminate and the outstanding principal amount of the all outstanding Loans and all other Obligations obligations hereunder shall automatically be and become immediately due and payable, without notice or demand to any Persondemand.

Appears in 11 contracts

Samples: Credit Agreement (Apache Corp), Credit Agreement (Apache Corp), Term Loan Agreement (Apache Corp)

Action if Bankruptcy. If any Event of Default described in clauses (ia) through (ive) of Section 9.1(h) with respect to the Borrower 8.1.9 shall occur, the Revolving Commitments (if not theretofore terminated) and the obligation of the Letter of Credit Issuer to issue Letters of Credit shall automatically terminate and the outstanding principal amount of the all outstanding Loans and all other Obligations shall automatically be and become immediately due and payable, without notice or demand to any Persondemand.

Appears in 11 contracts

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

Action if Bankruptcy. If any Event of Default described in clauses (ia) through (ivd) of Section 9.1(h) with respect to the Borrower 8.1.9 shall occur, the Commitments (if not theretofore terminated) shall automatically terminate and the outstanding principal amount of the all outstanding Loans and all other Obligations shall automatically be and become immediately due and payable, without notice or demand to any Persondemand.

Appears in 11 contracts

Samples: Credit Agreement (U.S. Shipping Partners L.P.), Credit Agreement (Kerzner International LTD), Credit Agreement (Kerzner International Employment Services LTD)

Action if Bankruptcy. If any Event of Default described in clauses (ib) through (ivd) of Section 9.1(h) 7.1.6 shall occur with respect to the Borrower shall occurBorrower, the Commitments (if not theretofore terminated) shall automatically terminate and the outstanding principal amount of the Loans all outstanding Advances and all other Obligations shall automatically be and become immediately due and payable, without notice or demand demand, provided that the foregoing shall not relieve any Lender of its obligation to any Personmake Advances pursuant to Section 2.2(b) or Section 2.3(c).

Appears in 10 contracts

Samples: Credit Agreement (Royal Caribbean Cruises LTD), Credit Agreement, Credit Agreement (Royal Caribbean Cruises LTD)

Action if Bankruptcy. If any Event of Default described in clauses Section 7.01(i) (iBankruptcy, Insolvency, etc.) through (iv) of Section 9.1(h) shall occur with respect to the Borrower shall occurBorrower, then the Commitments (if not theretofore terminated) shall automatically terminate and the outstanding principal amount of the all outstanding Loans and all other Obligations shall automatically be and become immediately due and payable, and the Commitment shall be automatically terminated, without notice further notice, demand or demand to any Personpresentment, all of which are expressly waived by the Borrower.

Appears in 8 contracts

Samples: Credit Agreement (FS Global Credit Opportunities Fund), Credit Agreement (FS Global Credit Opportunities Fund-D), Credit Agreement (American Capital, LTD)

Action if Bankruptcy. If any Event of Default described in clauses (ia) through (ive) of Section 9.1(h) 8.1.9 shall occur with respect to the Borrower shall occurBorrower, the Commitments (if not theretofore terminated) shall automatically terminate and the outstanding principal amount of the all outstanding Loans and all other Obligations (including Reimbursement Obligations) shall automatically be and become immediately due and payable, without notice or demand and the Borrower shall automatically and immediately be obligated to any Persondeposit with the Administrative Agent cash collateral in an amount equal to all Letter of Credit Outstandings.

Appears in 8 contracts

Samples: Senior Unsecured Credit Agreement (Strategic Hotels & Resorts, Inc), Credit Agreement (Strategic Hotels & Resorts, Inc), Credit Agreement (Strategic Hotels & Resorts, Inc)

Action if Bankruptcy. If any Event of Default described in clauses (ib) through (ivd) of Section 9.1(h) 8.1.5 shall occur with respect to the Borrower shall occurBorrower, the Commitments Commitment (if not theretofore terminated) shall automatically terminate and the outstanding principal amount of the Loans Loan and all other Obligations shall automatically be and become immediately due and payable, without notice or demand to any Persondemand.

Appears in 7 contracts

Samples: Credit Agreement (Royal Caribbean Cruises LTD), Credit Agreement (Royal Caribbean Cruises LTD), Credit Agreement (Royal Caribbean Cruises LTD)

Action if Bankruptcy. If any Event of Default described in clauses (i) through (iv) of Section 9.1(h) with respect to the Borrower 8.1.7 shall occur, the Commitments (if not theretofore terminated) shall automatically terminate and the outstanding principal amount of the all outstanding Loans and all other Obligations shall automatically be and become immediately due and payable, without notice or demand to any Persondemand.

Appears in 7 contracts

Samples: Credit Agreement (CatchMark Timber Trust, Inc.), Credit Agreement (CatchMark Timber Trust, Inc.), Credit Agreement (CatchMark Timber Trust, Inc.)

Action if Bankruptcy. If any Event of Default described in clauses (i) through (ivv) of Section 9.1(h7.01(i) with respect to the Borrower shall occur, the Commitments (if not theretofore terminated) shall automatically terminate and the outstanding principal amount of the all outstanding Loans and all other Obligations shall automatically be and become immediately due and payable, without notice or demand to any Persondemand, all of which are hereby waived by the Borrower.

Appears in 7 contracts

Samples: Credit Agreement (Constar International Inc), Credit Agreement (Constar Inc), Credit Agreement (Constar International Inc)

Action if Bankruptcy. If any Event of Default described in clauses (i) through (iv) of Section 9.1(h) 8.1.9 shall occur with respect to the Borrower shall occuror any Restricted Subsidiary, the Commitments (if not theretofore terminated) shall automatically terminate and the outstanding principal amount of the Loans all outstanding Borrowings and all other Obligations shall automatically be and become immediately due and payable, without notice or demand to any Persondemand.

Appears in 6 contracts

Samples: Credit Agreement (Noble Energy Inc), Credit Agreement (Noble Energy Inc), Credit Agreement (Noble Energy Inc)

Action if Bankruptcy. If any Event of Default described in clauses (ia) through (ivd) of Section 9.1(h) 8.1.9 with respect to the Borrower shall occur, the Commitments (if not theretofore terminated) shall automatically terminate and the outstanding principal amount of the all outstanding Loans and all other Obligations shall automatically be and become immediately due and payable, without notice or demand to any Person.

Appears in 6 contracts

Samples: Credit Agreement (Radiant Oil & Gas Inc), Credit Agreement (Mitel Networks Corp), Credit Agreement (Reddy Ice Holdings Inc)

Action if Bankruptcy. If any Event of Default described in clauses (ib) through (ivd) of Section 9.1(h) 8.1.6 shall occur with respect to the Borrower shall occurBorrower, the Commitments (if not theretofore terminated) shall automatically terminate and the outstanding principal amount of the all outstanding Loans and all other Obligations shall automatically be and become immediately due and payable, without notice or demand to any Persondemand.

Appears in 6 contracts

Samples: Credit Agreement (Royal Caribbean Cruises LTD), Credit Agreement (Royal Caribbean Cruises LTD), Credit Agreement (Royal Caribbean Cruises LTD)

Action if Bankruptcy. If any Event of Default described in clauses (i) through (ivv) of Section 9.1(h10.1(i) shall occur with respect to the Borrower shall occurany Parent Guarantor or any Borrower, the Commitments (if not theretofore terminated) shall automatically terminate and the outstanding principal amount of the all outstanding Loans and all other Obligations shall automatically be and become immediately due and payable, without notice or demand to any Persondemand, all of which are hereby waived by Borrowers.

Appears in 6 contracts

Samples: Credit Agreement (Crown Holdings Inc), Credit Agreement (Crown Holdings Inc), Pledge Agreement (Crown Holdings Inc)

Action if Bankruptcy. If any Event of Default described in clauses (iSection 9.01(i) through (iv) of Section 9.1(h) with respect to the Borrower shall occur, the Commitments (if not theretofore terminated) shall automatically terminate terminate, and the outstanding principal amount of the all outstanding Loans and all other Obligations shall automatically be and become immediately due and payable, without notice or demand to any Persondemand, all of which are hereby waived by the Borrower.

Appears in 6 contracts

Samples: Term Loan Credit Agreement (Madison Square Garden Entertainment Corp.), Term Loan Credit Agreement (Sphere Entertainment Co.), Loan Credit Agreement (MSGE Spinco, Inc.)

Action if Bankruptcy. If any Event of Default described in clauses (ib) through (ivd) of Section 9.1(h) 7.1.6 shall occur with respect to the Borrower shall occurBorrower, the Commitments (if not theretofore terminated) shall automatically terminate and the outstanding principal amount of the Loans all outstanding Advances and all other Obligations shall automatically be and become immediately due and payable, without notice or demand to any Persondemand.

Appears in 6 contracts

Samples: Term Loan Agreement (Royal Caribbean Cruises LTD), Term Loan Agreement (Royal Caribbean Cruises LTD), Term Loan Agreement (Royal Caribbean Cruises LTD)

Action if Bankruptcy. If any Event of Default described in clauses (iSection 7.01(i) through (iv) of Section 9.1(h) with respect to the Borrower shall occur, the Commitments (if not theretofore terminated) shall automatically terminate and the outstanding principal amount of the all outstanding Loans and all other Obligations shall automatically be and become immediately due and payable, without notice or demand to any Persondemand, all of which are hereby waived by the Borrower.

Appears in 6 contracts

Samples: Credit Agreement (Polymer Group Inc), Credit Agreement (Spirit AeroSystems Holdings, Inc.), Credit Agreement (Polymer Group Inc)

Action if Bankruptcy. If any Event of Default described in clauses (i) through (iv) of Section 9.1(h) with respect to the Borrower 9.1.8 shall occur, the Commitments (if not theretofore terminated) shall automatically terminate and the outstanding principal amount of the all outstanding Loans and all other Obligations shall automatically be and become immediately due and payable, without notice or demand to any Persondemand.

Appears in 6 contracts

Samples: Credit Agreement (Ingram Micro Inc), Credit Agreement (Ingram Micro Inc), Credit Agreement (Ingram Micro Inc)

Action if Bankruptcy. If any Event of Default described in clauses (iSection 8.1(g) through (iv) of Section 9.1(h) with respect to the Borrower shall occur, the Commitments (if not theretofore terminated) shall automatically terminate and the outstanding principal amount of the all outstanding Loans and all other Obligations hereunder shall automatically be and become immediately due and payable, without demand, protest or presentment or notice or demand of any kind, all of which are hereby expressly waived by Borrower and its Subsidiaries. Without limiting the foregoing, the Agents and the Lenders shall be entitled to exercise any Personand all other remedies available to them under the Loan Documents and applicable law.

Appears in 6 contracts

Samples: Credit Agreement (Forest Oil Corp), Credit Agreement (Lone Pine Resources Inc.), Credit Agreement (Lone Pine Resources Inc.)

Action if Bankruptcy. If any Event of Default described in clauses (i) through (iv) of Section 9.1(h) 7.1.9 shall occur with respect to the Borrower shall occurBorrower, the Commitments (if not theretofore terminated) shall automatically terminate and then the outstanding principal amount of the all outstanding Loans and all other Obligations shall automatically be and become immediately due and payable, and all the Commitments shall be automatically terminated, without notice further notice, demand or demand to any Personpresentment, all of which are expressly waived.

Appears in 5 contracts

Samples: Credit Agreement (Special Value Continuation Partners, LP), Credit Agreement (Special Value Continuation Partners, LP), Credit Agreement (Special Value Expansion Fund, LLC)

Action if Bankruptcy. If any Event of Default described in clauses (i) through (iv) of Section 9.1(h) 8.1.9 shall occur with respect to the Borrower shall occuror any Material Subsidiary, the Commitments (if not theretofore terminated) shall automatically terminate and the outstanding principal amount of the Loans all outstanding Borrowings and all other Obligations shall automatically be and become immediately due and payable, without notice or demand to any Persondemand.

Appears in 5 contracts

Samples: Credit Agreement (Cimarex Energy Co), Term Loan Agreement (Noble Energy Inc), Credit Agreement (Cimarex Energy Co)

Action if Bankruptcy. If any Event of Default described in clauses (iii) through to (ivv) of Section 9.1(hClause 10.1(e) (Bankruptcy, Insolvency, etc.) shall occur with respect to the Borrower shall occurBorrower, the Commitments (if not theretofore terminated) shall automatically terminate and the outstanding principal amount of the Loans Loan and all other Obligations shall automatically be and become immediately due and payable, without notice or demand to any Persondemand.

Appears in 5 contracts

Samples: Subordination Agreement (Royal Caribbean Cruises LTD), Subordination Agreement (Royal Caribbean Cruises LTD), Facility Agreement (Royal Caribbean Cruises LTD)

Action if Bankruptcy. If any Event of Default described in clauses (ib) through (ivd) of Section 9.1(h) 8.1.6 shall occur with respect to the Borrower shall occurBorrower, the Commitments (if not theretofore terminated) shall automatically terminate and the outstanding principal amount of the all outstanding Loans and all other Obligations shall automatically be and become immediately due and payable, without notice or demand to any Persondemand.

Appears in 5 contracts

Samples: Credit Agreement (Royal Caribbean Cruises LTD), Credit Agreement (Royal Caribbean Cruises LTD), Credit Agreement (Royal Caribbean Cruises LTD)

Action if Bankruptcy. If any Event of Default described in clauses (ia) through (ivd) of Section 9.1(h) 8.1.9 with respect to the any Borrower shall occur, the Commitments (if not theretofore terminated) shall automatically immediately terminate and the outstanding principal amount of the all outstanding Loans and all other Obligations (including Reimbursement Obligations) shall automatically be and become immediately due and payable, without notice or demand to any Person, and each Obligor shall automatically and immediately be obligated to Cash Collateralize all Letter of Credit Outstandings.

Appears in 4 contracts

Samples: Credit Agreement (Chesapeake Corp /Va/), Credit Agreement (Chesapeake Corp /Va/), Credit Agreement (Chesapeake Corp /Va/)

Action if Bankruptcy. If any Event of Default described in clauses Section 7.01(i) (other than clause (i) through (iv) of Section 9.1(hthereof) with respect to the Borrower Holdco or Borrowers shall occur, the Commitments (if not theretofore terminated) shall automatically terminate and the outstanding principal amount of the all outstanding Loans and all other Obligations shall automatically be and become immediately due and payable, without notice or demand to any Persondemand, all of which are hereby waived by Borrowers.

Appears in 4 contracts

Samples: Security Agreement (Emdeon Inc.), Security Agreement (Emdeon Inc.), First Lien Security Agreement (Emdeon Inc.)

Action if Bankruptcy. If any Event of Default described in clauses (i) through (ivv) of Section 9.1(h7.01(i) with respect to the Borrower shall occur, the Commitments (if not theretofore terminated) shall automatically terminate and the outstanding principal amount of the all outstanding Loans and all other Obligations shall automatically be and become immediately due and payable, without notice or demand to any Persondemand, all of which are hereby waived by Borrower.

Appears in 4 contracts

Samples: Credit Agreement (Rural/Metro Corp /De/), Credit Agreement (Rural Metro Corp /De/), Credit Agreement (Rural Metro Corp /De/)

Action if Bankruptcy. If any Event of Default described in clauses (iSection 9.1(i) through (iv) of Section 9.1(h) with respect to the Borrower shall occur, the Commitments Revolving Loan Commitment (if not theretofore terminated) shall automatically terminate and the outstanding principal amount of the all outstanding Revolving Loans and all other Obligations shall automatically be and become immediately due and payable, without presentment, protest, notice or demand to any Person(all of which are hereby expressly waived by the Borrower).

Appears in 4 contracts

Samples: Borrower Copyright Security Agreement (Surebeam Corp), Borrower Copyright Security Agreement (Surebeam Corp), Borrower Copyright Security Agreement (Titan Corp)

Action if Bankruptcy. If any Event of Default described in clauses (ia) through (ivd) of Section 9.1(h) 9.1.8 with respect to the Borrower shall occur, the Commitments (if not theretofore terminated) shall automatically terminate and the outstanding principal amount of the Loans and all other Obligations shall automatically be and become immediately due and payable, without notice or demand to any Person.

Appears in 4 contracts

Samples: Credit Agreement (Xtant Medical Holdings, Inc.), Credit Agreement (Bacterin International Holdings, Inc.), Credit Agreement (GC Aesthetics PLC)

Action if Bankruptcy. If any Event of Default described in clauses (ia) through (ive) of Section 9.1(h) with respect to the Borrower 8.1.9 shall occur, the Commitments (if not theretofore terminated) shall automatically terminate and the outstanding principal amount of the all outstanding Loans and all other Obligations shall automatically be and become immediately due and payable, without notice or demand to any Persondemand.

Appears in 4 contracts

Samples: Credit Agreement (McCormick & Co Inc), Credit Agreement (McCormick & Co Inc), Credit Agreement (McCormick & Co Inc)

Action if Bankruptcy. If any Event of Default described in clauses (ia) through (ivd) of Section 9.1(h) 8.1.9 with respect to the any Borrower shall occur, the Commitments (if not theretofore terminated) shall automatically terminate and the outstanding principal amount of the all outstanding Loans and all other Obligations (including Reimbursement Obligations) shall automatically be and become immediately due and payable, without notice or demand to any PersonPerson and each Obligor shall automatically and immediately be obligated to Cash Collateralize all Letter of Credit Outstandings.

Appears in 4 contracts

Samples: Credit Agreement (Sabre Industries, Inc.), Credit Agreement (Sabre Industries, Inc.), Credit Agreement (Swift Transportation Co Inc)

Action if Bankruptcy. If any Event of Default described in clauses (ia) through (ivd) of Section 9.1(h) with respect to the Borrower 8.1.8 shall occur, the Commitments (if not theretofore terminated) shall automatically terminate and the outstanding principal amount of the all outstanding Loans and all other Obligations shall automatically be and become immediately due and payable, without notice or demand to any Persondemand.

Appears in 3 contracts

Samples: Credit Agreement (National Energy Group Inc), Credit Agreement (Cable Tv Fund 11-B LTD), Credit Agreement (American Real Estate Holdings L P)

Action if Bankruptcy. If any Event of Default described in clauses (ia) through (ivd) of Section 9.1(h) 8.1.9 shall occur with respect to the Borrower shall occuror any Subsidiary or any other Obligor, the Commitments (if not theretofore terminated) shall automatically terminate and the outstanding principal amount of the all outstanding Loans and all other Obligations shall automatically be and become immediately due and payable, without notice or demand to any Persondemand.

Appears in 3 contracts

Samples: Credit Agreement (W-H Energy Services Inc), Credit Agreement (W-H Energy Services Inc), Credit Agreement (W-H Energy Services Inc)

Action if Bankruptcy. If any Event of Default described in clauses (ib) through (ivd) of Section 9.1(h) 8.1.6 shall occur with respect to the Borrower shall occurany Loan Party, the Commitments (if not theretofore terminated) shall automatically terminate and the outstanding principal amount of the all outstanding Loans and all other Obligations shall automatically be and become immediately due and payable, without notice or demand to any Persondemand.

Appears in 3 contracts

Samples: Credit Agreement (Royal Caribbean Cruises LTD), Credit Agreement (Royal Caribbean Cruises LTD), Credit Agreement (Royal Caribbean Cruises LTD)

Action if Bankruptcy. If any Event of Default described in clauses CLAUSES (ia) through (ivd) of Section 9.1(h) SECTION 9.1.9 shall occur with respect to the Borrower shall occuror any other Obligor, the Commitments (if not theretofore terminated) shall automatically terminate and the outstanding principal amount of the all outstanding Loans and all other Obligations shall automatically be and become immediately due and payable, without notice or demand to any Persondemand.

Appears in 3 contracts

Samples: Credit Agreement (Esenjay Exploration Inc), Credit Agreement (Esenjay Exploration Inc), Credit Agreement (Esenjay Exploration Inc)

Action if Bankruptcy. If any Event of Default described in clauses (iSection 11.1(i) through (iv) of Section 9.1(h) with respect to the Borrower shall occur, the Commitments (if not theretofore terminated) shall automatically terminate and the outstanding principal amount of the all outstanding Loans and all other Obligations (including Reimbursement Obligations, but excluding any Secured Hedging Obligations) shall automatically be and become immediately due and payable, without notice or demand to any PersonPerson and the Borrowers shall automatically and immediately be obligated to Cash Collateralize all Letter of Credit Outstandings.

Appears in 3 contracts

Samples: Credit Agreement, Credit Agreement (Parametric Sound Corp), Credit Agreement (Parametric Sound Corp)

Action if Bankruptcy. If any Event of Default described in clauses (ia) through (ivd) of Section 9.1(h) 9.1.9 shall occur with respect to the any Borrower shall occuror any other Obligor, the Commitments (if not theretofore terminated) shall automatically terminate and the outstanding principal amount of the all outstanding Loans and all other Obligations shall automatically be and become immediately due and payable, without notice or demand to any Persondemand.

Appears in 3 contracts

Samples: Credit Agreement (Alliance Resources PLC), Credit Agreement (Alliance Resources PLC), Credit Agreement (American Rivers Oil Co /De/)

Action if Bankruptcy. If any Event of Default described in clauses (i) through (iv) of -------------------- Section 9.1(h) 8.1.4 shall occur with respect to the Borrower shall occurBorrower, the Commitments (if not theretofore terminated) Commitment shall ------------- automatically terminate terminate, and the outstanding principal amount of the all outstanding Loans and all other Obligations Liabilities shall automatically be and become immediately due and payable, without notice or demand to any Persondemand.

Appears in 3 contracts

Samples: Senior Revolving Loan Agreement (Consol Energy Inc), Execution (Consol Energy Inc), Senior Revolving Loan Agreement (Consol Energy Inc)

Action if Bankruptcy. If any Event of Default described in clauses (iSection 11.1(i) through (iv) of Section 9.1(h) with respect to the Borrower shall occur, the Commitments (if not theretofore terminated) shall automatically terminate and the outstanding principal amount of the all outstanding Loans and all other Obligations (other than Secured Hedging Obligations) shall automatically be and become immediately due and payable, without notice or demand to any Person.

Appears in 3 contracts

Samples: Credit Agreement (Resource America Inc), Credit Agreement (LEAF Equipment Leasing Income Fund III, L.P.), Credit Agreement (Resource America Inc)

Action if Bankruptcy. If any Event of Default described in clauses (ia) through (ive) of Section 9.1(h) 8.1.6 shall have occurred and be continuing with respect to the Borrower shall occurBorrower, the Commitments (if not theretofore terminated) shall automatically terminate and the outstanding principal amount of the all outstanding Loans and all other monetary Obligations under the Loan Documents shall automatically be and become immediately due and payable, without notice or demand to any Persondemand.

Appears in 3 contracts

Samples: Credit Agreement (Midwest Generation LLC), Credit Agreement (Midwest Generation LLC), Credit Agreement (Midwest Generation LLC)

Action if Bankruptcy. If any Event of Default described in clauses (i) through (iv) of Section 9.1(h) 8.1.9 shall occur with respect to the Borrower shall occurBorrower, the Commitments (if not theretofore terminated) shall automatically terminate and the outstanding principal amount of the all outstanding Loans and all other Obligations (including Reimbursement Obligations) shall automatically be and become immediately due and payable, without notice or demand and the Borrower shall automatically and immediately be obligated to any Persondeposit with the Administrative Agent cash collateral in an amount equal to all Letter of Credit Outstandings.

Appears in 3 contracts

Samples: Credit Agreement (Cole Credit Property Trust II Inc), Credit Agreement (Spirit Realty Capital, Inc.), Credit Agreement (Spirit Realty Capital, Inc.)

Action if Bankruptcy. If any Event of Default described in clauses (ia) through (ivd) of Section 9.1(h) 8.1.9 with respect to the Borrower Company shall occur, the Commitments (if not theretofore terminated) shall automatically terminate and the outstanding principal amount of the all outstanding Loans and all other Obligations (including Reimbursement Obligations, but excluding Hedging Obligations and Cash Management Obligations) shall automatically be and become immediately due and payable, without notice or demand to any PersonPerson and each Obligor shall automatically and immediately be obligated to Cash Collateralize all Letter of Credit Outstandings.

Appears in 3 contracts

Samples: Pledge and Security Agreement (Ferro Corp), Credit Agreement (Ferro Corp), Credit Agreement (Ferro Corp)

Action if Bankruptcy. If any Event of Default described in clauses (ia) through (ivd) of Section 9.1(h) 9.1.9 shall occur with respect to the Borrower shall occuror any Significant Subsidiary or any other Obligor, the Commitments (if not theretofore terminated) shall automatically terminate and the outstanding principal amount of the all outstanding Loans and all other Obligations shall automatically be and become immediately due and payable, without notice or demand to any Persondemand.

Appears in 3 contracts

Samples: Credit Agreement (Calpine Corp), Credit Agreement (Calpine Corp), Credit Agreement (Calpine Corp)

Action if Bankruptcy. If any Event of Default described in clauses (ia) through (ivd) of Section 9.1(h) 8.1.9 with respect to the Borrower Company shall occur, the Commitments (if not theretofore terminated) shall automatically terminate and the outstanding principal amount of the all outstanding Loans and all other Obligations (including Reimbursement Obligations) shall automatically be and become immediately due and payable, without notice or demand to any PersonPerson and each Obligor shall automatically and immediately be obligated to Cash Collateralize all Letter of Credit Outstandings.

Appears in 3 contracts

Samples: Credit Agreement (Ferro Corp), Credit Agreement (Ferro Corp), Original       Extended (Ferro Corp)

Action if Bankruptcy. If any Event of Default described in clauses (ia) through (ivd) of Section 9.1(h) with respect to the Borrower 8.1.9 shall occur, the Commitments (if not theretofore terminated) shall automatically terminate and the outstanding principal amount of the all outstanding Loans and all other Obligations shall automatically be and become immediately due and payable, without notice or demand to any Persondemand.

Appears in 3 contracts

Samples: Credit Agreement (GrubHub Inc.), Credit Agreement (Applied Medical Corp), Credit Agreement (Applied Medical Corp)

Action if Bankruptcy. If any Event of Default described in clauses (ia) through (ivd) of Section 9.1(h) 8.1.9 shall occur with respect to the Borrower shall occuror any of its Subsidiaries, the Commitments (if not theretofore terminated) shall automatically terminate and the outstanding principal amount of the all outstanding Loans and all other Obligations shall automatically be and become immediately due and payable, without notice (including notice of intent to accelerate and notice of acceleration) or demand to any Personand notice and demand, are hereby waived.

Appears in 3 contracts

Samples: Credit Agreement (Vintage Petroleum Inc), Credit Agreement (Vintage Petroleum Inc), Credit Agreement (Vintage Petroleum Inc)

Action if Bankruptcy. If any Event of Default described in clauses (i), (j) through or (ivk) of Section 9.1(h) with respect to the Borrower this Article shall occur, the Commitments (if not theretofore terminated) shall automatically terminate and the outstanding principal amount of the Loans then outstanding, together with accrued interest thereon and all fees and other Obligations of the Loan Parties accrued hereunder, shall automatically be and become immediately due and payable, without presentment, demand, protest or other notice or demand to of any Personkind, all of which are hereby waived by the Loan Parties.

Appears in 3 contracts

Samples: Credit Agreement (Hecla Mining Co/De/), Credit Agreement (Hecla Mining Co/De/), Credit Agreement (Hecla Mining Co/De/)

Action if Bankruptcy. If any Event of Default described in clauses (i) through (iv) of Section 9.1(h) 8.1.9 shall occur with respect to the Guarantor, the Borrower shall occuror any Restricted Subsidiary, the Commitments (if not theretofore terminated) shall automatically terminate and the outstanding principal amount of the Loans all outstanding Borrowings and all other Obligations shall automatically be and become immediately due and payable, without notice or demand to any Persondemand.

Appears in 2 contracts

Samples: Noble Energy Inc, Noble Energy Inc

Action if Bankruptcy. If any Event of Default described in clauses (i) through (iv) of Section 9.1(h11.01(h) with respect to the Borrower shall occur, the Commitments (if not theretofore terminated) shall automatically terminate and the outstanding principal amount of the all outstanding Loans and all other Obligations shall automatically be and become immediately due and payable, without notice or demand to any Person.

Appears in 2 contracts

Samples: Credit Agreement (Brookfield Infrastructure Partners L.P.), Credit Agreement (Brookfield Infrastructure Partners L.P.)

Action if Bankruptcy. If any Event of Default described in -------------------- clauses (ia) through (ivd) of Section 9.1(h) with respect to the Borrower 8.1.9 shall occur, the Commitments (if not theretofore terminated) shall automatically terminate and the outstanding principal ----------- --- ------------- amount of the all outstanding Loans and all other Obligations shall automatically be and become immediately due and payable, and the Commitments shall automatically be terminated, without notice or demand to any Persondemand.

Appears in 2 contracts

Samples: Credit Agreement (Aristotle Corp), Security Agreement (Aristotle Corp)

Action if Bankruptcy. If any Event of Default described in clauses (ia) through (ivd) of Section 9.1(h) 8.1.9 shall occur with respect to the Borrower shall occurBorrower, the Commitments (if not theretofore terminated) shall automatically terminate and the outstanding principal amount of the all outstanding Loans and all other Loan Obligations (including Reimbursement Obligations) shall automatically be and become immediately due and payablepayable by the Borrower, without notice or demand to any Person, and the Borrower shall automatically and immediately be obligated to Cash Collateralize all Letter of Credit Outstandings.

Appears in 2 contracts

Samples: Credit Agreement (Global Power Equipment Group Inc/), Credit Agreement (Global Power Equipment Group Inc/)

Action if Bankruptcy. If any Event of Default described in clauses (ia) through (ivd) of Section 9.1(h) with respect to the Borrower 8.1.9 shall occur, the Commitments (if not theretofore terminated) shall automatically terminate and the outstanding principal amount of the all outstanding Loans and all other Obligations shall automatically be and become immediately due and payable, without notice or demand and the Borrower shall automatically and immediately be obligated to any Persondeposit with the Administrative Agent cash collateral in an amount equal to all Letter of Credit Outstandings.

Appears in 2 contracts

Samples: Credit Agreement (Nextel Partners Inc), Credit Agreement (Nextel Partners Inc)

Action if Bankruptcy. If any Event of Default described in clauses (ia) through (ivd) of Section 9.1(h) 9.1.9 shall occur (except with respect to the Borrower shall occura Non-Material Subsidiary), the Commitments (if not theretofore terminated) shall automatically terminate and the outstanding principal amount of the all outstanding Loans and all other Obligations shall automatically be and become immediately due and payablepayable and each Borrower shall immediately comply with its obligations under Section 4.7, in each case, without notice or demand to any Persondemand.

Appears in 2 contracts

Samples: Credit Agreement (Dollar Thrifty Automotive Group Inc), Credit Agreement (Dollar Thrifty Automotive Group Inc)

Action if Bankruptcy. If any Event of Default described in clauses (ia) through (ivd) of Section 9.1(h) 9.1.9 with respect to the Parent or the Borrower shall occur, the Commitments (if not theretofore terminated) shall automatically terminate and the outstanding principal amount of the all outstanding Loans and all other Obligations (including Reimbursement Obligations) shall automatically be and become immediately due and payable, without notice or demand to any PersonPerson and each Obligor shall automatically and immediately be obligated to Cash Collateralize all Letter of Credit Outstandings in accordance with Section 2.6.4.

Appears in 2 contracts

Samples: Credit Agreement (Champion Enterprises Inc), Credit Agreement (Champion Enterprises Inc)

Action if Bankruptcy. If any Event of Default described in clauses (i) through (iv) of Section 9.1(h9.1(i) or Section 9.1(j) with respect to the Borrower shall occur, the Commitments (if not theretofore terminated) shall automatically terminate and the outstanding principal amount of the Loans and all other Obligations shall automatically be and become immediately due and payable, without notice or demand to any Person.

Appears in 2 contracts

Samples: Acknowledgement and Agreement (Unilife Corp), Acknowledgement and Agreement (Unilife Corp)

Action if Bankruptcy. If any Event of Default described in -------------------- clauses (ia) through (ivd) of Section 9.1(h) with respect to the Borrower 8.1.9 shall occur, the Commitments (if not ----------- --- ------------- theretofore terminated) shall automatically terminate and the outstanding principal amount of the all outstanding Loans and all other Obligations shall automatically be and become immediately due and payable, without notice or demand to any Persondemand.

Appears in 2 contracts

Samples: Revolving Credit Agreement (Sun International North America Inc), Revolving Credit Agreement (Spiegel Inc)

Action if Bankruptcy. If any Event of Default described in clauses (iSection 8.1(g) through (iv) of Section 9.1(h) with respect to the Borrower shall occur, the Commitments (if not theretofore terminated) shall automatically terminate and the outstanding principal amount of the all outstanding Loans and all other Obligations obligations hereunder shall automatically be and become immediately due and payable, without notice or demand demand. Without limiting the foregoing, the Administrative Agent and the Lenders shall be entitled to exercise any Personand all other remedies available to them under the Loan Documents and applicable law.

Appears in 2 contracts

Samples: Credit Agreement (Apache Corp), Credit Agreement (Apache Corp)

Action if Bankruptcy. If any Event of Default described in clauses (i) through (iv) of Section 9.1(h) with respect to the Borrower 9.1.9 shall occur, the Commitments (if not theretofore terminated) shall automatically terminate and the outstanding principal amount of the all outstanding Revolving Loans and all other Obligations shall automatically be and become immediately due and payable, without notice or demand to any Persondemand.

Appears in 2 contracts

Samples: Credit Agreement (Ingram Micro Inc), Credit Agreement (Ingram Micro Inc)

Action if Bankruptcy. If any Event of Default described in clauses (i) through (ivv) of Section 9.1(h7.01(i) with respect to the Borrower shall occur, the Commitments (if not theretofore terminated) shall automatically terminate and the outstanding principal amount of the all outstanding Loans and all other Obligations shall automatically be and become immediately due and payable, without notice or demand to any Persondemand, all of which are hereby waived by each Borrower.

Appears in 2 contracts

Samples: Credit Agreement (Consolidated Communications Illinois Holdings, Inc.), Credit Agreement (Consolidated Communications Texas Holdings, Inc.)

Action if Bankruptcy. If any Event of Default described in clauses (ib) through (ivd) of Section 9.1(h) with respect to the Borrower 8.1.9 shall occur, the Commitments (if not theretofore terminated) shall automatically terminate and the outstanding principal amount of the all outstanding Loans and all other Obligations shall automatically be and become immediately due and payable, without presentment, notice or demand to any Persondemand.

Appears in 2 contracts

Samples: Credit and Guaranty Agreement (Key Components Finance Corp), Credit and Guaranty Agreement (Key Components Finance Corp)

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Action if Bankruptcy. If any Event of Default described in clauses (i) through (iv) of Section 9.1(h) 7.1.6 shall occur with respect to the Borrower shall occurBorrowers, the Commitments (if not theretofore terminated) shall automatically terminate and the outstanding principal amount of the Loans all outstanding Advances and all other Obligations shall automatically be and become immediately due and payable, without notice or demand to any Persondemand.

Appears in 2 contracts

Samples: Term Loan Agreement (Carnival PLC), Lender Assignment Agreement (Carnival PLC)

Action if Bankruptcy. If any Event of Default described in clauses (i) through (ivv) of Section 9.1(h7.01(i) with respect to the Borrower shall occur, the Commitments (if not theretofore terminated) shall automatically terminate and the outstanding principal amount of the all outstanding Loans and all other Obligations shall automatically be and become immediately due and payable, without notice or demand to any Persondemand, all of which are hereby waived by the Borrowers.

Appears in 2 contracts

Samples: Credit Agreement (Crown Cork & Seal Co Inc), Credit Agreement (Crown Cork & Seal Co Inc)

Action if Bankruptcy. If any Event of Default described in clauses (ia) through (ivd) of Section 9.1(h8.1.9 of the Credit Agreement) with respect to the Borrower shall occur, the Commitments (if not theretofore terminated) shall automatically terminate and the outstanding principal amount of the all outstanding Loans and all other Obligations shall automatically be and become immediately due and payable, without notice or demand to any Persondemand.

Appears in 2 contracts

Samples: Thorn Apple Valley Inc, Thorn Apple Valley Inc

Action if Bankruptcy. If any Event of Default described in clauses (i) through (iv) of Section 9.1(h) with respect to the Borrower 9.1.9 shall occur, the Commitments (if not theretofore terminated) shall automatically terminate and the outstanding principal amount of the all outstanding Loans and all other Obligations shall automatically be and become immediately due and payable, without notice or demand to any Persondemand.

Appears in 2 contracts

Samples: Credit Agreement (GrubHub Inc.), Credit Agreement (Wayfair Inc.)

Action if Bankruptcy. If any Event of Default described in clauses (ia) through (ivd) of Section 9.1(h) 9.1.8 with respect to the Borrower any Loan Party shall occur, the Commitments (if not theretofore terminated) shall automatically terminate and the outstanding principal amount of the Loans Loan and all other Obligations shall automatically be and become immediately due and payable, without notice or demand to any Person.

Appears in 2 contracts

Samples: Credit Agreement and Guaranty (Alliqua BioMedical, Inc.), Credit Agreement and Guaranty (Alliqua BioMedical, Inc.)

Action if Bankruptcy. If any Event of Default described in clauses (ia) through (ivd) of Section 9.1(h) with respect to the Borrower 9.1.9 shall occur, the Commitments (if not theretofore terminated) shall automatically terminate and the outstanding principal amount of the all outstanding Loans and all other Obligations shall automatically be and become immediately due and payablepayable and the Borrower shall immediately comply with its obligations under Section 4.7, in each case, without notice or demand to any Persondemand.

Appears in 2 contracts

Samples: Credit Agreement (Budget Group Inc), Credit Agreement (Budget Group Inc)

Action if Bankruptcy. If any Event of Default described in clauses (ia) through (ivd) of Section 9.1(h) with respect to the Borrower 8.1.7 shall occur, the Commitments (if not theretofore terminated) shall automatically terminate and the outstanding principal amount of the all outstanding Loans and all other Obligations shall automatically be and become immediately due and payable, without notice or demand to any Persondemand.

Appears in 2 contracts

Samples: Credit Agreement (Wells Timberland REIT, Inc.), Credit Agreement (Wells Timberland REIT, Inc.)

Action if Bankruptcy. If any Event of Default described in clauses (ia) through (ive) of Section 9.1(h) 8.1.8 shall occur with respect to the Borrower shall occurBorrower, the Commitments (if not theretofore terminated) shall automatically terminate and the outstanding principal amount of the all outstanding Loans and all other monetary Obligations shall automatically be and become immediately due and payable, without notice or demand to any Persondemand.

Appears in 2 contracts

Samples: Facility Lease Agreement (Edison Mission Energy), Facility Lease Agreement (Edison Mission Energy)

Action if Bankruptcy. If any Event of Default described in clauses (i) through (iv) of Section 9.1(h) with respect 8.1.9 shall occur pursuant to the Borrower shall occurterms thereof, the Loan Commitments and the Letter of Credit Commitments (if not theretofore terminated) shall automatically terminate and the outstanding principal amount of the all outstanding Loans and all other Obligations shall automatically be and become immediately due and payable, payable without notice or demand to any Persondemand.

Appears in 2 contracts

Samples: Loan Agreement (Tropicana Las Vegas Hotel & Casino, Inc.), Loan Agreement (Tropicana Las Vegas Hotel & Casino, Inc.)

Action if Bankruptcy. If any Event of Default described in clauses (ia) through (ivd) of Section 9.1(h) 9.1.8 with respect to the Borrower any Loan Party shall occur, the Commitments (if not theretofore terminated) shall automatically terminate and the outstanding principal amount of the Loans and all other Obligations shall automatically be and become immediately due and payable, without notice or demand to any Person.

Appears in 2 contracts

Samples: Credit Agreement and Guaranty (VBI Vaccines Inc/Bc), Credit Agreement and Guaranty (Paulson Capital (Delaware) Corp.)

Action if Bankruptcy. If any Event of Default described in clauses (ia) through (ivd) of Section 9.1(h) with respect to the Borrower 8.1.9 shall occur, the Commitments (if not theretofore terminated) shall automatically terminate and the outstanding principal amount of the all outstanding Loans and all other Obligations (including Reimbursement Obligations) shall automatically be and become immediately due and payable, without notice or demand to any PersonPerson and the Borrower and each other Obligor shall automatically and immediately be obligated to deposit with the Administrative Agent cash collateral in an amount equal to all Letter of Credit Outstandings.

Appears in 2 contracts

Samples: Credit Agreement (Stillwater Mining Co /De/), Credit Agreement (Stillwater Mining Co /De/)

Action if Bankruptcy. If any Event of Default described in clauses (ia) through (ivd) of Section 9.1(h) 8.1.9 with respect to the any Borrower shall occur, the Commitments (if not theretofore terminated) shall automatically terminate and the outstanding principal amount of the all 100 outstanding Loans and all other Obligations (including Reimbursement Obligations) shall automatically be and become immediately due and payable, without notice or demand to any PersonPerson and each Obligor shall automatically and immediately be obligated to Cash Collateralize all Letter of Credit Outstandings.

Appears in 2 contracts

Samples: Credit Agreement (Swift Holdings Corp.), Credit Agreement (Swift Holdings Corp.)

Action if Bankruptcy. If any Event of Default described in clauses (ia) through (ivd) of Section 9.1(h) with respect to the Borrower 8.1.9 shall occur, the Commitments Commitment (if not theretofore terminated) shall automatically terminate and the outstanding principal amount of the Loans Loan and all other monetary Obligations shall automatically be and become immediately due and payable, without notice or demand to any Persondemand.

Appears in 2 contracts

Samples: Credit Agreement (Isle of Capri Casinos Inc), Credit Agreement (Lady Luck Gaming Corp)

Action if Bankruptcy. If any Event of Default described in clauses (i) through (iv) of Section 9.1(h) with respect to Holdings, the Borrower shall occur, the Commitments (if not theretofore terminated) shall automatically terminate and the outstanding principal amount of the Loans and all other Obligations shall automatically be and become immediately due and payable, without notice or demand to any Person.

Appears in 2 contracts

Samples: Credit Agreement (Valneva SE), Credit Agreement (Valneva SE)

Action if Bankruptcy. If any Event of Default described in clauses (ia) through (ivd) of Section 9.1(h) 9.1.9 shall occur with respect to the Borrower shall occuror any other Obligor, the Commitments (if not theretofore terminated) shall automatically terminate and the outstanding principal amount of the all outstanding Loans and all other Obligations shall automatically be and become immediately due and payable, without notice or demand to any Persondemand.

Appears in 2 contracts

Samples: Credit Agreement (Bargo Energy Co), Credit Agreement (Future Petroleum Corp/Ut/)

Action if Bankruptcy. If any Event of Default described in clauses (iSection 9.01(i) through (iv) of Section 9.1(h) with respect to the Borrower shall occur, the Commitments (if not theretofore terminated) shall automatically terminate and the outstanding principal amount of the all outstanding Loans and all other Obligations shall automatically be and become immediately due and payable, without notice or demand to any Persondemand, all of which are hereby waived by the Borrower.

Appears in 2 contracts

Samples: Credit Agreement (Spirit AeroSystems Holdings, Inc.), Credit Agreement (Spirit AeroSystems Holdings, Inc.)

Action if Bankruptcy. If any Event of Default described in clauses (ia) through (ivd) of Section 9.1(h) SECTION 8.1.6 shall occur with respect to the Borrower shall occurBorrower, the Commitments (if not theretofore terminated) shall automatically terminate and the outstanding principal amount of the all outstanding Loans and all other Obligations shall automatically be and become immediately due and payable, without notice or demand to any Persondemand.

Appears in 2 contracts

Samples: Credit Agreement (Royal Caribbean Cruises LTD), Credit Agreement (Royal Caribbean Cruises LTD)

Action if Bankruptcy. If any Event of Default described in clauses (ia) through (ivd) of Section 9.1(h) 8.1.9 with respect to the a Borrower shall occur, the Commitments (if not theretofore terminated) shall automatically terminate and the outstanding principal amount of the all outstanding Loans and all other Obligations (including Reimbursement Obligations) shall automatically be and become immediately due and payable, without notice or demand to any PersonPerson and each Obligor shall automatically and immediately be obligated to Cash Collateralize all Letter of Credit Outstandings.

Appears in 2 contracts

Samples: Credit Agreement (Hanesbrands Inc.), Credit Agreement (Hanesbrands Inc.)

Action if Bankruptcy. If any Event of Default described in clauses (ia) through (ivd) of Section 9.1(h) 8.1.9 with respect to the Borrower any Obligor shall occur, the Commitments (if not theretofore terminated) shall automatically terminate and the outstanding principal amount of the all outstanding Loans and all other Obligations shall automatically be and become immediately due and payable, without notice or demand to any Person.

Appears in 2 contracts

Samples: Credit Agreement (Hecla Mining Co/De/), Credit Agreement (Hecla Mining Co/De/)

Action if Bankruptcy. If any Event of Default described in clauses (ia) through (ive) of Section 9.1(h) 8.1.9 with respect to the either Borrower shall occur, the Commitments (if not theretofore terminated) shall automatically terminate and the outstanding principal amount of the all outstanding Loans and all other Obligations shall automatically be and become immediately due and payable, without notice or demand to any Person.

Appears in 2 contracts

Samples: Credit Agreement (Aei), Credit Agreement (Aei)

Action if Bankruptcy. If any Event of Default described in clauses (iii) through to (iv) of Section 9.1(hClause 10.1(e) (Bankruptcy, Insolvency, etc.) shall occur with respect to the Borrower shall occurBorrower, the Commitments (if not theretofore terminated) shall automatically terminate and the outstanding principal amount of the Loans Loan and all other Obligations shall automatically be and become immediately due and payable, without notice or demand to any Persondemand.

Appears in 2 contracts

Samples: Facility Agreement (Royal Caribbean Cruises LTD), Facility Agreement (Royal Caribbean Cruises LTD)

Action if Bankruptcy. If any Event of Default described in clauses (iSection 7.01(i) through (iv) of Section 9.1(h) with respect to the Borrower shall occur, the Commitments (if not theretofore terminated) shall automatically terminate and the outstanding principal amount of the all outstanding Loans and all other Secured Obligations shall automatically be and become immediately due and payable, without notice or demand to any Persondemand, all of which are hereby waived by Borrower and the Borrower shall Cash Collateralize all undrawn Letters of Credit then outstanding.

Appears in 2 contracts

Samples: Pledge Agreement (Lifepoint Health, Inc.), Credit Agreement (Lifepoint Hospitals, Inc.)

Action if Bankruptcy. If any Event of Default described in clauses (ib) through (ivd) of Section 9.1(h) with respect to the Borrower 8.1.9 shall occur, the Commitments (if not theretofore terminated) shall automatically terminate and the outstanding principal amount of the all outstanding Loans and all other Obligations shall automatically be and become immediately due and payable, without notice or demand to any Persondemand.

Appears in 2 contracts

Samples: Credit and Guaranty Agreement (E Z Serve Corporation), Credit and Guaranty Agreement (Imo Industries Inc)

Action if Bankruptcy. If any Event of Default described in clauses (ia) through (ivd) of Section 9.1(h) with respect to the Borrower 8.1.9 shall occur, the Commitments (if not theretofore terminated) shall automatically terminate and the outstanding principal amount of the all outstanding Loans and all other monetary Obligations (including Reimbursement Obligations) shall automatically be and become immediately due and payablepayable jointly and severally by the Borrowers, without notice or demand to any PersonPerson and each Borrower shall automatically and immediately be obligated jointly and severally to Cash Collateralize all Letter of Credit Outstandings.

Appears in 2 contracts

Samples: Credit Agreement (WRC Media Inc), Credit Agreement (WRC Media Inc)

Action if Bankruptcy. If any Event of Default described in clauses (ia) through (ivd) of Section 9.1(h) 8.1.9 shall occur with respect to the Borrower shall occuror any Obligor, the Revolving Loan Commitments (if not theretofore terminated) shall automatically terminate and the outstanding principal amount of the all outstanding Loans and all other Obligations shall automatically be and become immediately due and payable, without presentment, demand, protest, notice of intent to accelerate, notice of acceleration, notice of any other kind or demand to any Persondemand.

Appears in 2 contracts

Samples: Credit Agreement (Markwest Hydrocarbon Inc), Credit Agreement (Markwest Hydrocarbon Inc)

Action if Bankruptcy. If any Event of Default described in clauses (ia) through (ivd) of Section 9.1(h) with respect to the Borrower 9.1.9 shall occur, the Commitments (if not theretofore terminated) shall automatically terminate and the outstanding principal amount of the all outstanding Loans and all other Obligations shall automatically be and become immediately due and payablepayable and each Borrower shall immediately comply with its obligations under Section 4.7, in each case, without notice or demand to any Persondemand.

Appears in 2 contracts

Samples: Credit Agreement (Dollar Thrifty Automotive Group Inc), Credit Agreement (Dollar Thrifty Automotive Group Inc)

Action if Bankruptcy. If any Event of Default described in clauses (ia) through (ivd) of Section 9.1(h) 8.1.9 with respect to the any Borrower shall occur, the Commitments (if not theretofore terminated) shall automatically and immediately terminate and the outstanding principal amount of the all outstanding Loans and all other Obligations (including Reimbursement Obligations but excluding Hedging Obligations) shall automatically be and become immediately due and payable, without notice or demand to any PersonPerson and each Obligor shall automatically and immediately be obligated to Cash Collateralize all Letter of Credit Outstandings.

Appears in 2 contracts

Samples: Credit Agreement (Winn Dixie Stores Inc), Credit Agreement (Winn Dixie Stores Inc)

Action if Bankruptcy. If any Event of Default described in clauses (iSection 9.01(i) through (iv) of Section 9.1(h) with respect to the Borrower shall occur, the Commitments (if not theretofore terminated) shall automatically terminate terminate, the Borrower shall automatically be required to Cash Collateralize the L/C Obligations (in an amount equal to the then Outstanding Amount thereof), and the outstanding principal amount of the all outstanding Loans and all other Obligations shall automatically be and become immediately due and payable, without notice or demand to any Persondemand, all of which are hereby waived by the Borrower.

Appears in 2 contracts

Samples: Credit Agreement (Spirit AeroSystems Holdings, Inc.), Credit Agreement (Spirit AeroSystems Holdings, Inc.)

Action if Bankruptcy. If any Event of Default described in clauses (ia) through (ivd) of Section 9.1(h) 8.1.9 shall occur with respect to the Borrower shall occurBorrower, the Commitments (if not theretofore terminated) shall automatically terminate and the outstanding principal amount of the all outstanding Loans and all other Obligations (including Reimbursement Obligations) shall automatically be and become immediately due and payablepayable by the Borrower, without notice or demand to any Person, and the Borrower shall automatically and immediately be obligated to Cash Collateralize all Letter of Credit Outstandings.

Appears in 2 contracts

Samples: Credit Agreement (Associated Materials Inc), Credit Agreement (Associated Materials Inc)

Action if Bankruptcy. If any Event of Default described in clauses (i) through (iv) of Section 9.1(h) with respect to the Borrower 9.1.9 shall occur, the Commitments (if not theretofore terminated) shall automatically terminate and the outstanding principal amount of the all outstanding Loans and all other Obligations shall automatically be and become immediately due and payable, without notice or demand to any Persondemand.

Appears in 2 contracts

Samples: Credit Agreement (Ingram Micro Inc), Credit Agreement (Ingram Micro Inc)

Action if Bankruptcy. If any Event of Default described in clauses (ia) through (ivd) of Section 9.1(h) 9.1.9 shall occur with respect to the any Borrower shall occuror any of its Subsidiaries, the Commitments (if not theretofore terminated) shall automatically terminate and the outstanding principal amount of the all outstanding Loans and all other Obligations shall automatically be and become immediately due and payable, without notice or demand to any Persondemand.

Appears in 2 contracts

Samples: Credit Agreement (Simpson Industries Inc), Credit Agreement (Simpson Industries Inc)

Action if Bankruptcy. If any Event of Default described in clauses (i) through (iv) of Section 9.1(h) with respect to the Borrower shall occur, the Commitments (if not theretofore terminated) shall automatically terminate and the outstanding principal amount of the Loans and all other Obligations shall automatically be and become immediately due and payable, without notice or demand to any Person.. SECTION 9.3

Appears in 1 contract

Samples: Security and Guaranty Agreement (iRhythm Technologies, Inc.)

Action if Bankruptcy. If any Event of Default described in clauses (i) through (ivv) of Section 9.1(h7.01(i) with respect to the Borrower shall occur, the Commitments (if not theretofore terminated) shall automatically terminate and the outstanding principal amount of the all outstanding Loans and all other Obligations (other than Hedging Obligations) shall automatically be and become immediately due and payable, without notice or demand to any Persondemand, all of which are hereby waived by each Borrower.

Appears in 1 contract

Samples: Credit Agreement (Consolidated Communications Holdings, Inc.)

Action if Bankruptcy. If any Event of Default described in clauses CLAUSES (ia) through (ive) of Section 9.1(h) SECTION 9.1.7 shall have occurred and be continuing with respect to the Borrower shall occurBorrower, the Commitments (if not theretofore terminated) shall automatically terminate and the outstanding principal amount of the all outstanding Loans and all other monetary Obligations shall automatically be and become immediately due and payable, without notice or demand to any Person.demand. CREDIT AGREEMENT

Appears in 1 contract

Samples: Credit Agreement (Edison Mission Energy)

Action if Bankruptcy. If any Event of Default described in clauses (i) through (iv) of Section 9.1(h) with respect to the Parent or the Borrower shall occur, the Signature Page to Credit Agreement Commitments (if not theretofore terminated) shall automatically terminate and the outstanding principal amount of the Loans and all other Obligations shall automatically be and become immediately due and payable, without notice or demand to any Person.

Appears in 1 contract

Samples: Credit Agreement (TriSalus Life Sciences, Inc.)

Action if Bankruptcy. If any Event of Default described in clauses (i) through (iv) of Section 9.1(h) with respect to the Borrower 9.1.4 shall occur, the Commitments (if not theretofore terminated) shall automatically terminate and the outstanding principal amount of the all outstanding Loans and all other Obligations Liabilities shall automatically be and become immediately due and payable, and the Borrower shall become immediately obligated to Cash Collateralize an amount equal to the Stated Amount of all Letters of Credit then outstanding, without notice or demand to any Persondemand.

Appears in 1 contract

Samples: Credit Agreement (Amc Entertainment Inc)

Action if Bankruptcy. If any Event of Default described in clauses (ia) through (ive) of Section 9.1(h) 7.1.9 shall occur with respect to the Borrower shall occurCompany or any Subsidiary, the Commitments (if not theretofore terminated) shall automatically terminate and be reduced to zero and the outstanding principal amount of the all outstanding Loans and all other Obligations shall automatically be and become immediately due and payable, without notice or demand to any Persondemand.

Appears in 1 contract

Samples: Credit Agreement (Andrew Corp)

Action if Bankruptcy. If any Event of Default described in clauses (i) through (iv) of Section 9.1(h) with respect to the Borrower Clause 10.1.6 shall occur, the Commitments (if not theretofore terminated) shall automatically terminate and the outstanding principal amount of the outstanding Loans and all other Obligations shall automatically be and become immediately due and payable, without notice or demand to any Persondemand.

Appears in 1 contract

Samples: Agreement (Bema Gold Corp /Can/)

Action if Bankruptcy. If any Event of Default described in clauses (ia) through (ivd) of Section 9.1(h8.1.9) with respect to the Borrower shall occur, the Commitments (if not theretofore terminated) shall automatically terminate and the outstanding principal amount of the all outstanding Loans and all other Obligations shall automatically be and become immediately due and payable, without notice or demand to any Persondemand.

Appears in 1 contract

Samples: Credit Agreement (Thorn Apple Valley Inc)

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