Action if Bankruptcy. If any Event of Default described in SECTION 8.1.9 shall occur with respect to the Borrower or any Restricted Subsidiary, the Commitments (if not theretofore terminated) shall automatically terminate and the outstanding principal amount of all outstanding Borrowings and all other Obligations shall automatically be and become immediately due and payable, without notice or demand.
Appears in 2 contracts
Samples: Credit Agreement (Noble Affiliates Inc), Credit Agreement (Noble Affiliates Inc)
Action if Bankruptcy. If any Event of Default described in CLAUSES (a) through (d) of SECTION 8.1.9 shall occur with respect to the Borrower or any Restricted SubsidiaryObligor, the Commitments (if not theretofore terminated) shall automatically terminate and the outstanding principal amount of all outstanding Borrowings 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.
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 (a) through (d) of SECTION 8.1.9 shall occur with respect to the Borrower or any Restricted Subsidiaryother Obligor, the Commitments (if not theretofore terminated) shall automatically terminate and the outstanding principal amount of all outstanding Borrowings Loans and all other Obligations shall automatically be and become immediately due and payable, without notice or demand.
Appears in 2 contracts
Samples: Guaranty Agreement, Credit Agreement (Price/Costco Inc)
Action if Bankruptcy. If any Event of Default described in SECTION 8.1.9 9.1.9 shall occur with respect to the Borrower or any Restricted Subsidiaryoccur, the Commitments (if not theretofore terminated) shall automatically terminate and the outstanding principal amount of all outstanding Borrowings Loans and all other Obligations shall automatically be and become immediately due and payable, without notice or demand.
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 (a) through (d) of SECTION 8.1.9 10.1.9 shall occur with respect to the Borrower or any Restricted Subsidiaryoccur, the Commitments (if not theretofore terminated) shall automatically terminate and the outstanding principal amount of all outstanding Borrowings Loans and all other Obligations shall automatically be and become immediately due and payable, without notice or demand.
Appears in 2 contracts
Samples: Credit Agreement (Leiner Health Products Inc), Credit Agreement (Leiner Health Products Inc)
Action if Bankruptcy. If any Event In the event that one or more Events of Default described in SECTION 8.1.9 9.1.8 shall occur with respect to the Borrower or any Restricted Subsidiaryoccur, then the Commitments (if not theretofore terminated) shall automatically terminate and the outstanding principal amount of all outstanding Borrowings and all other Obligations Liabilities shall automatically be and become immediately due and payablepayable without demand, without notice or demanddeclaration of any kind whatsoever.
Appears in 1 contract
Samples: Security Agreement (Duff & Phelps Credit Rating Co)
Action if Bankruptcy. If any Event of Default described in SECTION 8.1.9 Section 8.1.6 shall occur with respect to the Borrower or any Restricted Subsidiaryoccur, the ------------- Commitments (if not theretofore therefore terminated) shall automatically terminate and the outstanding principal amount of all outstanding Borrowings Loans and all other Obligations shall automatically be and become immediately due and payable, without notice or demand.
Appears in 1 contract
Samples: Loan Agreement (Amax Gold Inc)
Action if Bankruptcy. If any Event of Default described in CLAUSES (A) through (E) of SECTION 8.1.9 9.1.8 shall occur with respect to the Borrower or any Restricted SubsidiaryBorrower, the Commitments (if not theretofore terminated) shall automatically terminate and the outstanding principal amount of all outstanding Borrowings Loans and all other Obligations shall automatically be and become immediately due and payable, without notice or demand.
Appears in 1 contract
Action if Bankruptcy. If any Event of Default described in CLAUSES (A) through (E) of SECTION 8.1.9 shall occur with respect to the Borrower Company or any Restricted Subsidiary, the Commitments (if Commitments(if not theretofore terminated) shall automatically terminate and be reduced to zero and the and the outstanding principal amount of all outstanding Borrowings Loans and all other Obligations shall automatically be and become immediately due and payable, without notice or demand.
Appears in 1 contract
Samples: Credit Agreement (Andrew Corp)
Action if Bankruptcy. If any Event of Default described in CLAUSES (a) through (d) of SECTION 8.1.9 shall occur with respect to the Borrower or any Restricted SubsidiarySubsidiary or any other Obligor, the Commitments (if not theretofore terminated) shall automatically terminate and the outstanding principal amount of all outstanding Borrowings Loans and all other Obligations shall automatically be and become immediately due and payable, without notice or demand.
Appears in 1 contract
Action if Bankruptcy. If any Event of Default described in CLAUSES (a) through (d) of SECTION 8.1.9 shall occur with respect to the Borrower or any Restricted Subsidiaryoccur, the Commitments Commitment (if not theretofore terminated) shall automatically immediately terminate and the outstanding principal amount of all outstanding Borrowings the Loan and all other Obligations shall automatically be and become immediately due and payable, without notice or demand.
Appears in 1 contract
Action if Bankruptcy. If any Event of Default described in CLAUSES (a) through (d) of SECTION 8.1.9 shall occur with respect to the Borrower or any Restricted Subsidiaryoccur, the Commitments (if not theretofore terminated) shall automatically terminate and the outstanding principal amount of all outstanding Borrowings Loans and all other Obligations shall automatically be and become immediately due and payable, without notice or demand.
Appears in 1 contract
Samples: Revolving Credit Agreement (Sun International Hotels LTD)
Action if Bankruptcy. If any Event of Default described in CLAUSES (a) through (d) of SECTION 8.1.9 shall occur with respect to the Borrower or any Restricted Subsidiaryoccur, the Commitments (if not theretofore terminated) shall automatically terminate and the outstanding principal amount of all outstanding Borrowings 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 demanddemand to any Person and each Borrower shall automatically and immediately be obligated jointly and severally to Cash Collateralize all Letter of Credit Outstandings.
Appears in 1 contract
Samples: Credit Agreement (World Almanac Education Group Inc)
Action if Bankruptcy. If any Event of Default described in CLAUSES (B) through (D) of SECTION 8.1.9 shall occur with respect to the Borrower or any Restricted Subsidiaryoccur, the Commitments (if not theretofore terminated) shall automatically terminate and the outstanding principal amount of all outstanding Borrowings Loans and all other Obligations shall automatically be and become immediately due and payable, without presentment, notice or demand.
Appears in 1 contract
Action if Bankruptcy. If any Event of Default described in SECTION 8.1.9 shall occur CLAUSE (a), (b) or with respect to the Borrower or any Restricted Subsidiaryand Managing General Partner, (e) of SECTION 9.1.8) shall occur, the Commitments (if not theretofore terminated) shall automatically terminate and the outstanding principal amount of all outstanding Borrowings Loans and all other Obligations shall automatically be and become immediately due and payable, without notice or demand.. 86
Appears in 1 contract
Action if Bankruptcy. If any Event of Default described in SECTION 8.1.9 shall occur CLAUSES (a) (b) or with respect to the Borrower or any Restricted Subsidiaryand Managing General Partner, (e) of SECTION 9.1.8) shall occur, the Commitments (if not theretofore terminated) shall automatically terminate and the outstanding principal amount of all outstanding Borrowings Loans and all other Obligations shall automatically be and become immediately due and payable, without notice or demand.
Appears in 1 contract
Action if Bankruptcy. If any Event of Default described in SECTION Section 8.1.9 shall occur with respect to the Borrower or any Restricted Subsidiaryoccur, the Commitments (if not theretofore previously terminated) shall automatically terminate and the outstanding principal amount of all outstanding Borrowings Loans and all other Obligations shall automatically be and become immediately due and payable, without notice or demand.
Appears in 1 contract
Action if Bankruptcy. If any Event of Default described in CLAUSES (b) through (d) of SECTION 8.1.9 shall occur with respect to the any Borrower or any Restricted Subsidiaryshall occur, the Commitments (if not theretofore terminated) shall automatically terminate and the outstanding principal amount of all outstanding Borrowings Loans and all other Obligations (including Reimbursement Obligations) shall automatically be and become immediately due and payable, without notice or demanddemand to any Person and each Obligor shall automatically and immediately be obligated to Cash Collateralize all Letter of Credit Outstandings.
Appears in 1 contract
Action if Bankruptcy. If any Event event of Default default described in CLAUSES (A) through (D) of SECTION 8.1.9 shall occur with respect to the Borrower or any Restricted SubsidiaryBorrower, the Commitments (if not theretofore terminated) shall automatically terminate and the outstanding principal amount of all outstanding Borrowings Loans and all other Obligations (including Reimbursement Obligations) shall automatically be and become immediately due and payable, without notice or demanddemand and the Borrower shall automatically and immediately be obligated to deposit with the Administrative Agent cash collateral in an amount equal to all Letter of Credit Outstandings.
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Action if Bankruptcy. If any Event of Default described in CLAUSES (a) through (d) of SECTION 8.1.9 8.1.6 shall occur with respect to the Borrower or any Restricted SubsidiaryBorrower, the Commitments Commitment (if not theretofore terminated) shall automatically terminate and the outstanding principal amount of all outstanding Borrowings the Loan and all other Obligations shall automatically be and become immediately due and payable, without notice or demand.
Appears in 1 contract
Action if Bankruptcy. If any Event of Default described in CLAUSES (a) through (d) of SECTION 8.1.9 shall occur with respect to the Borrower or any Restricted SubsidiaryObligor, the Commitments (if not theretofore terminated) shall automatically terminate and the outstanding principal amount of all outstanding Borrowings Loans and all other Obligations shall automatically be and become immediately due and payable, without notice or demand.
Appears in 1 contract
