Common use of Administrative Agents May File Proofs of Claim Clause in Contracts

Administrative Agents May File Proofs of Claim. In case of the pendency of any receivership, insolvency, liquidation, bankruptcy, reorganization, arrangement, adjustment, composition or other judicial proceeding relative to any Loan Party, the Administrative Agents (irrespective of whether the principal of any Loan or L/C Obligation shall then be due and payable as herein expressed or by declaration or otherwise and irrespective of whether the Administrative Agents shall have made any demand on the Borrower) shall be entitled and empowered, by intervention in such proceeding or otherwise

Appears in 4 contracts

Samples: Credit Agreement (Dynegy Holdings Inc), Credit Agreement (Dynegy Inc.), Credit Agreement (Dynegy Holdings Inc)

AutoNDA by SimpleDocs

Administrative Agents May File Proofs of Claim. In case of the pendency of any receivership, insolvency, liquidation, bankruptcy, reorganization, arrangement, adjustment, composition proceeding under any Debtor Relief Law or any other judicial proceeding relative to any Loan Party, any of the Administrative Agents (irrespective of whether the principal of any Loan or L/C Obligation shall then be due and payable as herein expressed or by declaration or otherwise and irrespective of whether any of the Administrative Agents shall have made any demand on the BorrowerCompany) shall be entitled and empowered, by intervention in such proceeding or otherwise:

Appears in 2 contracts

Samples: Credit Agreement (SS&C Technologies Holdings Inc), Credit Agreement (SS&C Technologies Holdings Inc)

Administrative Agents May File Proofs of Claim. In case of the pendency of any receivership, insolvency, liquidation, bankruptcy, reorganization, arrangement, adjustment, composition or other judicial proceeding relative to any Loan Party, the Administrative Agents (irrespective of whether the principal of any Loan or L/C Obligation shall then be due and payable as herein expressed or by declaration or otherwise and irrespective of whether the an Administrative Agents Agent shall have made any demand on the any Borrower) shall be entitled and empowered, by intervention in such proceeding or otherwise:

Appears in 2 contracts

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

Administrative Agents May File Proofs of Claim. In case of the pendency of any receivership, insolvency, liquidation, bankruptcy, reorganization, arrangement, adjustment, composition or other judicial proceeding relative to any Loan Party, the Administrative Agents (irrespective of whether the principal of any Loan or L/C Reimbursement Obligation shall then be due and payable as herein expressed or by declaration or otherwise and irrespective of whether the Administrative Agents shall have made any demand on the Borrower) shall be entitled and empowered, by intervention in such proceeding or otherwise:

Appears in 2 contracts

Samples: Credit Agreement, Credit Agreement (Dynegy Holdings Inc)

Administrative Agents May File Proofs of Claim. In case of the pendency of any receivership, insolvency, liquidation, bankruptcy, reorganization, arrangement, adjustment, composition or other judicial proceeding relative to any Loan Party, the Applicable Administrative Agents Agent (irrespective of whether the principal of any Loan or L/C Obligation Advance shall then be due and payable as herein expressed or by declaration or otherwise and irrespective of whether the Administrative Agents any Agent shall have made any demand on the BorrowerBorrowers) shall be entitled and empowered, by intervention in such proceeding or otherwise:

Appears in 1 contract

Samples: Credit Agreement (World Color Press Inc.)

Administrative Agents May File Proofs of Claim. In case of the pendency of any receivership, insolvency, liquidation, bankruptcy, reorganization, arrangement, adjustment, composition or other judicial proceeding relative to any Loan Party, the Administrative Agents (irrespective of whether the principal of any Loan Loan, Acceptance or L/C Obligation shall then be due and payable as herein expressed or by declaration or otherwise and irrespective of whether 105 the Administrative Agents shall have made any demand on the BorrowerBorrowers) shall be entitled and empowered, by intervention in such proceeding or otherwise

Appears in 1 contract

Samples: Credit Agreement (Corinthian Colleges Inc)

Administrative Agents May File Proofs of Claim. In case of the pendency of any receivership, insolvency, liquidation, bankruptcy, reorganization, arrangement, adjustment, composition proceeding under any Debtor Relief Law or any other judicial proceeding relative to any Loan Party, the Administrative Agents (irrespective of whether the principal of any Loan or L/C Obligation shall then be due and payable as herein expressed or by declaration or otherwise and irrespective of whether the Administrative Agents shall have made any demand on the applicable Borrower) shall be entitled and empowered, by intervention in such proceeding or otherwise:

Appears in 1 contract

Samples: Credit Agreement (Ems Technologies Inc)

Administrative Agents May File Proofs of Claim. In case of the pendency of any receivership, insolvency, liquidation, bankruptcy, reorganization, arrangement, adjustment, composition or other judicial proceeding relative to any Loan Party, the eachthe Administrative Agents Agent (irrespective of whether the principal of any Loan or L/C Obligation shall then be due and payable as herein expressed or by declaration or otherwise and irrespective of whether the such Administrative Agents Agent shall have made any demand on the Borrower) shall be entitled and empowered, by intervention in such proceeding or otherwise:

Appears in 1 contract

Samples: Credit Agreement (Shoals Technologies Group, Inc.)

Administrative Agents May File Proofs of Claim. In case of the pendency of any receivership, insolvency, liquidation, bankruptcy, reorganization, arrangement, adjustment, composition proceeding under any Debtor Relief Law or any other judicial proceeding relative to any Loan Party, the Administrative Agents (irrespective of whether the principal of any Loan or L/C Obligation shall then be due and payable as herein expressed or by declaration or otherwise and irrespective of whether the Administrative Agents shall have made any demand on the BorrowerBorrowers) shall be entitled and empowered, by intervention in such proceeding or otherwise

Appears in 1 contract

Samples: Credit Agreement (Guess Inc)

AutoNDA by SimpleDocs

Administrative Agents May File Proofs of Claim. In case of the pendency of any receivership, insolvency, liquidation, bankruptcy, reorganization, arrangement, adjustment, composition proceeding under any Insolvency Law or any other judicial proceeding relative to any Loan Party, the each Administrative Agents Agent (irrespective of whether the principal of any Loan or L/C Obligation the Letter 106 of Credit Usage shall then be due and payable as herein expressed or by declaration or otherwise and irrespective of whether the such Administrative Agents Agent shall have made any demand on the applicable Borrower) shall be entitled and empowered, empowered (but not obligated) by intervention in such proceeding or otherwise:

Appears in 1 contract

Samples: Credit Agreement (Safeway Inc)

Administrative Agents May File Proofs of Claim. (a) In case of the pendency of any receivership, insolvency, liquidation, bankruptcy, reorganization, arrangement, adjustment, composition or other judicial proceeding relative to any Loan Party, the each Administrative Agents Agent (irrespective of whether the principal of any Loan Advance or L/C Obligation Letter of Credit shall then be due and payable as herein expressed or by declaration or otherwise and irrespective of whether the such Administrative Agents Agent shall have made any demand on the any Borrower) shall be entitled and empowered, by intervention in such proceeding or otherwise:

Appears in 1 contract

Samples: Credit Agreement (Movie Gallery Inc)

Administrative Agents May File Proofs of Claim. In case of the pendency of any receivership, insolvency, liquidation, bankruptcy, reorganization, arrangement, adjustment, 101 composition or other judicial proceeding relative to any Loan Credit Party, the Administrative Agents (irrespective of whether the principal of any Loan or L/C Obligation Letter of Credit shall then be due and payable as herein expressed or by declaration or otherwise and irrespective of whether the Administrative Agents shall have made any demand on the Borrower) shall be entitled and empowered, by intervention in such proceeding or otherwise

Appears in 1 contract

Samples: First Lien Credit and Guaranty Agreement (Gentek Inc)

Administrative Agents May File Proofs of Claim. In case of the pendency of any receivership, insolvency, liquidation, bankruptcy, reorganization, arrangement, adjustment, composition or other judicial proceeding relative to any Loan Party, the Administrative Agents (irrespective of whether the principal of any Loan or L/C Obligation shall then be due and payable as herein expressed or by declaration or otherwise and irrespective of whether the Administrative Agents shall have made any 100 demand on the Borrower) shall be entitled and empowered, by intervention in such proceeding or otherwise

Appears in 1 contract

Samples: Credit Agreement (Dynegy Inc /Il/)

Administrative Agents May File Proofs of Claim. In case of the pendency of any receivership, insolvency, liquidation, bankruptcy, reorganization, arrangement, adjustment, composition or other judicial proceeding relative to any Loan Party, the each Administrative Agents Agent (irrespective of whether the principal of any Loan or L/C Obligation shall then be due and payable as herein expressed or by declaration or otherwise and irrespective of whether the such Administrative Agents Agent shall have made any demand on the Borrower) shall be entitled and empowered, by intervention in such proceeding or otherwise:

Appears in 1 contract

Samples: Credit Agreement (Shoals Technologies Group, Inc.)

Time is Money Join Law Insider Premium to draft better contracts faster.