Common use of Action if Bankruptcy Clause in Contracts

Action if Bankruptcy. If any Event of Default described in -------------------- Section 9.1.8 shall occur, the Commitments and any obligation of the Issuer to ------------- issue Letters of Credit (if not theretofore terminated) shall automatically terminate and the outstanding principal amount of all outstanding Loans, the maximum aggregate amount that is or at any time thereafter may become available for drawing under any outstanding Letters of Credit and all other Obligations shall automatically be and become immediately due and payable, without presentment, demand, protest or other notice of any kind, all of which are hereby expressly waived by the Borrower.

Action if Bankruptcy. If any Event of Default described in -------------------- Section 9.1.8 7.01(i) shall occur, the Revolving Credit Commitments and any the obligation of the each Issuer to ------------- issue Letters Issue any Letter of Credit (if not theretofore terminated) ), shall automatically terminate and the outstanding principal amount of all outstanding Loans, the maximum aggregate amount that is or at any time thereafter may become available for drawing under any outstanding Letters of Credit Loans and all other Obligations shall automatically be and become immediately due and payable, without presentment, notice or demand, protest or other notice of any kind, all of which are hereby expressly waived by the each Borrower.

Action if Bankruptcy. If any Event of Default described in -------------------- clauses (a) through (d) of Section 9.1.8 8.1.9 shall occur, the Commitments and any obligation of the Issuer to ------------- issue Letters of Credit (if not ----------- --- ------------- theretofore terminated) shall automatically terminate and the outstanding principal amount of all outstanding Loans, the maximum aggregate amount that is or at any time thereafter may become available for drawing under any outstanding Letters of Credit Loans and all other Obligations (including Reimbursement Obligations) shall automatically be and become immediately due and payable, without presentment, demand, protest notice or other notice demand 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 any kind, all of which are hereby expressly waived by the BorrowerCredit Outstandings.

Action if Bankruptcy. If any Event of -------------------- Default described in -------------------- clauses (a) through (d) of Section 9.1.8 9.1.9 ----------- --- ------------- shall occuroccur with respect to the Borrower, the Revolving Loan Commitments and any obligation of the Issuer to ------------- issue Letters of Credit (if not theretofore terminated) shall automatically terminate and the outstanding principal amount of all outstanding Loans, the maximum aggregate amount that is or at any time thereafter may become available for drawing under any outstanding Letters of Credit and all other Obligations shall automatically be and become immediately due and payable, without presentment, notice or demand, protest and the Borrower shall immediately, without notice or other notice of any kinddemand, all of which are hereby expressly waived by Cash Collateralize the BorrowerL/C Obligations.

Action if Bankruptcy. If any Event of Default described in -------------------- clauses (a) through (d) of Section 9.1.8 8.1.9 shall occur, the Commitments and any obligation of the Issuer to ------------- issue Letters of Credit (if not ----------- --- ------------- theretofore terminated) shall automatically terminate and the outstanding principal amount of all outstanding Loans, the maximum aggregate amount that is or at any time thereafter may become available for drawing under any outstanding Letters of Credit Loans and all other Obligations (including Reimbursement Obligations) shall automatically be and become immediately due and payable, without presentment, demand, protest notice or demand to any Person and the Borrower and each other notice Obligor shall automatically and immediately be obligated to deposit with the Administrative Agent cash collateral in an amount equal to all Letter of any kind, all of which are hereby expressly waived by the BorrowerCredit Outstandings.

Action if Bankruptcy. If any Event of Default described -------------------- in -------------------- clauses (a) through (e) of Section 9.1.8 8.1.9 shall occuroccur with respect to the ----------- --- ------------- Borrower, the Commitments and any obligation of the Issuer to ------------- issue Letters of Credit (if not theretofore terminated) shall automatically terminate and the outstanding principal amount of all outstanding Loans, the maximum aggregate amount that is or at any time thereafter may become available for drawing under any outstanding Letters of Credit Loans and all other Obligations shall automatically be and become immediately due and payable, without presentment, notice or demand, protest or other notice of any kind, all of which are hereby expressly waived by the Borrower.

Action if Bankruptcy. If any Event of Default described in -------------------- clauses (a) through (d) of Section 9.1.8 8.1.9 shall occur, the Commitments and any obligation of the Issuer to ------------- issue Letters of Credit (if not ----------- --- ------------- theretofore terminated) shall automatically terminate immediately and the outstanding principal amount of all outstanding Loans, the maximum aggregate amount that is or at any time thereafter may become available for drawing under any outstanding Letters of Credit Loans and all other Obligations shall automatically be and become immediately due and payable, without presentment, notice or demand, protest or other notice of any kind, all of which are hereby expressly waived by the Borrower.

Action if Bankruptcy. If any Event of Default described in -------------------- clauses (a) through (e) of Section 9.1.8 8.1.9 shall occur, the Revolving Commitments and any obligation of the Issuer to ----------- --- ------------- issue Letters of Credit (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 all outstanding Loans, the maximum aggregate amount that is or at any time thereafter may become available for drawing under any outstanding Letters of Credit Loans and all other Obligations shall automatically be and become immediately due and payable, without presentment, notice or demand, protest or other notice of any kind, all of which are hereby expressly waived by the Borrower.

Action if Bankruptcy. If any Event of Default described -------------------- in -------------------- clauses (a) through (d) of Section 9.1.8 8.1.9 shall occur, the Commitments and any obligation of the Issuer to ------------- issue Letters of Credit (if not ----------- --- ------------- theretofore terminated) shall automatically terminate and the outstanding principal amount of all outstanding Loans, the maximum aggregate amount that is or at any time thereafter may become available for drawing under any outstanding Letters of Credit Loans and all other Obligations (including Reimbursement Obligations) shall automatically be and become immediately due and payable, without presentment, demand, protest notice or other notice demand 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 any kind, all of which are hereby expressly waived by the BorrowerCredit Outstandings.

Action if Bankruptcy. If any Event of Default described in -------------------- clauses (a) through (d) of Section 9.1.8 8.1.9 shall occur, the Commitments and any obligation of the Issuer to ------------- issue Letters of Credit (if not ----------- --- ------------- theretofore terminated) shall automatically terminate immediately and the outstanding principal amount of all outstanding Loans, the maximum aggregate amount that is or at any time thereafter may become available for drawing under any outstanding Letters of Credit Loans and all other Obligations shall automatically be and become immediately due and payable, without presentment, demand, protest notice or other notice demand 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 any kind, all of which are hereby expressly waived by the BorrowerCredit Outstandings.

Action if Bankruptcy. If any Event of Default described -------------------- in -------------------- clauses (a) through (e) of Section 9.1.8 8.1.9 shall occuroccur with respect to the ----------- --- ------------- Borrower, the Commitments and any obligation of the Issuer to ------------- issue Letters of Credit (if not theretofore terminated) shall automatically terminate and the outstanding principal amount of all outstanding Loans, the maximum aggregate amount that is or at any time thereafter may become available for drawing under any outstanding Letters of Credit Loans and all other monetary Obligations shall automatically be and become immediately due and payable, without presentment, notice or demand, protest or other notice of any kind, all of which are hereby expressly waived by the Borrower.