Common use of After all Events of Default have been cured or waived and the Borrower Clause in Contracts

After all Events of Default have been cured or waived and the Borrower. has delivered to the Collateral Agent a certificate to that effect, the Collateral Agent shall, promptly repay to each Grantor (without interest) all interest, principal or other distributions that such Grantor would otherwise be permitted to retain pursuant to the terms of paragraph (a)(iii) of this Section 2.05 and that remain in such account.

Appears in 1 contract

Samples: Credit Agreement (Blockbuster Inc)

AutoNDA by SimpleDocs

After all Events of Default have been cured or waived and the Borrower. has delivered to the Collateral Agent a certificate to that effectef- fect, the Collateral Agent shall, shall promptly repay to each Grantor (without interest) all dividends, interest, principal or other distributions that such Grantor would otherwise be permitted to retain pursuant to the terms of paragraph (a)(iii) of this Section 2.05 2.06 and that remain in such account.

Appears in 1 contract

Samples: Security Agreement (Epicor Software Corp)

After all Events of Default have been cured or waived and the Borrower. has delivered to the Collateral Agent a certificate to that effect, the Collateral Agent shall, shall promptly repay to each Grantor (without interest) all dividends, interest, principal or other distributions that such Grantor would otherwise be permitted to retain pursuant to the terms of paragraph (a)(iii) of this Section 2.05 3.06 and that remain in such account.

Appears in 1 contract

Samples: Guarantee and Collateral Agreement (Interline Brands, Inc./De)

AutoNDA by SimpleDocs

After all Events of Default have been cured or waived and the Borrower. has delivered to the Collateral Agent a certificate to that effect, the Collateral Agent shall, promptly repay to each Grantor (without interest) all dividends, interest, principal or other distributions that such Grantor would otherwise be permitted to retain pursuant to the terms of paragraph (a)(iii) of this Section 2.05 3.06 and that remain in such account.

Appears in 1 contract

Samples: Guarantee and Collateral Agreement (Symbol Technologies Inc)

Draft better contracts in just 5 minutes Get the weekly Law Insider newsletter packed with expert videos, webinars, ebooks, and more!