Common use of Bankruptcy, Insolvency or Reorganization Proceedings Clause in Contracts

Bankruptcy, Insolvency or Reorganization Proceedings. If an Event of Default specified under subsections 8.1.14 or 8.1.15 of Section 8.1 shall occur, the Banks shall be under no further obligations to make Loans hereunder and the unpaid principal amount of the Notes then outstanding and all interest accrued thereon, any unpaid fees and all other Indebtedness of the Borrower to the Banks hereunder and thereunder shall be immediately due and payable, without presentment, demand, protest or notice of any kind, all of which are hereby expressly waived; and

Appears in 5 contracts

Samples: Credit Agreement (Triumph Group Inc /), Revolving Credit Facility (Triumph Group Inc /), Revolving Credit Facility (Triumph Group Inc /)

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Bankruptcy, Insolvency or Reorganization Proceedings. If an Event of Default specified under subsections 8.1.14 Sections 8.1.15 or 8.1.15 of Section 8.1 8.1.16 shall occur, the Banks Lenders shall be under no further obligations to make Loans or issue Letters of Credit hereunder and the unpaid principal amount of the Notes Loans then outstanding and all interest accrued thereon, any unpaid fees and all other Indebtedness and Obligations of the Borrower Borrowers to the Banks Lenders hereunder and thereunder shall be immediately due and payable, without presentment, demand, protest or notice of any kind, all of which are hereby expressly waived; and

Appears in 4 contracts

Samples: Credit Agreement (Glatfelter Corp), Credit Agreement (Glatfelter Corp), Credit Agreement (Glatfelter P H Co)

Bankruptcy, Insolvency or Reorganization Proceedings. If an Event of Default specified under subsections 8.1.14 Section 9.1.14 or 8.1.15 of Section 8.1 9.1.15 shall occur, the Banks shall be under no further obligations to make Loans hereunder and the unpaid principal amount of the Notes then outstanding and all interest accrued thereon, any unpaid fees and all other Indebtedness of the Borrower Borrowers to the Banks hereunder and thereunder shall be immediately due and payable, without presentment, demand, protest or notice of any kind, all of which are hereby expressly waived; and

Appears in 2 contracts

Samples: Credit Agreement (Primesource Corp), Revolving Credit Agreement (Tb Woods Corp)

Bankruptcy, Insolvency or Reorganization Proceedings. If an Event of Default specified under subsections 8.1.14 Section 8.1.13 or 8.1.15 of Section 8.1 8.1.13 shall occur, the Banks Bank shall be under no further obligations to make Loans hereunder and the unpaid principal amount of the Notes Loans then outstanding and all interest accrued thereon, any unpaid fees and all other Indebtedness of the Borrower to the Banks Bank hereunder and thereunder shall be immediately due and payable, without presentment, demand, protest or notice of any kind, all of which are hereby expressly waived; and

Appears in 2 contracts

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

Bankruptcy, Insolvency or Reorganization Proceedings. If an Event of Default specified under subsections 8.1.14 Section 9.1.14 or 8.1.15 of Section 8.1 9.1.15 shall occur, the Banks shall be under no further obligations to make Loans hereunder and the unpaid principal amount of the Notes then outstanding and all interest accrued thereon, any unpaid fees and all other Indebtedness of the Borrower to the Banks hereunder and thereunder shall be immediately due and payable, without presentment, demand, protest or notice of any kind, all of which are hereby expressly waived; and

Appears in 2 contracts

Samples: Credit Agreement (Grubb & Ellis Co), Credit Agreement (Rent Way Inc)

Bankruptcy, Insolvency or Reorganization Proceedings. If an Event of Default specified under subsections Section 8.1.14 or 8.1.15 of Section 8.1 shall occur, the Banks shall be under no further obligations to make Loans hereunder and the unpaid principal amount of the Notes Loans then outstanding and all interest accrued thereon, any unpaid fees and all other Indebtedness of the each Borrower to the Banks hereunder and thereunder under any other Loan Document shall be immediately due and payable, without presentment, demand, protest or notice of any kind, all of which are hereby expressly waived; and.

Appears in 2 contracts

Samples: Credit Agreement (Interface Security Systems, L.L.C.), Credit Agreement (Interface Security Systems Holdings Inc)

Bankruptcy, Insolvency or Reorganization Proceedings. If an Event of Default specified under subsections Section 8.1.14 or 8.1.15 of Section 8.1 shall occur, the Banks Bank shall be under no further obligations to make Loans hereunder and the unpaid principal amount of the Term Notes then outstanding and all interest accrued thereon, any unpaid fees and all other Indebtedness of the Borrower Borrowers to the Banks Bank hereunder and thereunder shall be immediately due and payable, without presentment, demand, protest or notice of any kind, all of which are hereby expressly waived; and

Appears in 1 contract

Samples: Term Loan Credit Agreement (Champion Industries Inc)

Bankruptcy, Insolvency or Reorganization Proceedings. If an Event of Default specified under subsections Section 8.1.14 or 8.1.15 of Section 8.1 shall occur, the Banks shall be under no further obligations to make Loans hereunder and the unpaid principal amount of the Notes then outstanding and all interest accrued thereon, any unpaid fees and all other Indebtedness of the Borrower to the Banks hereunder and thereunder shall be immediately due and payable, without presentment, demand, protest or notice of any kind, all of which are hereby expressly waived; and

Appears in 1 contract

Samples: Revolving Credit Agreement (Cable Tv Fund 14-a LTD)

Bankruptcy, Insolvency or Reorganization Proceedings. If an Event of Default specified under subsections 8.1.14 or 8.1.15 of Section 8.1 shall occur, the Banks shall be under no further obligations to make Loans hereunder and the unpaid principal amount of the Notes then outstanding and all interest accrued thereon, any unpaid fees and all other Indebtedness of the Borrower Borrowers to the Banks hereunder and thereunder shall be immediately due and payable, without presentment, demand, protest or notice of any kind, all of which are hereby expressly waived; and

Appears in 1 contract

Samples: Credit Agreement (Triumph Group Inc /)

Bankruptcy, Insolvency or Reorganization Proceedings. If an Event of Default specified under subsections 8.1.14 Section 8.1.15 or 8.1.15 of Section 8.1 8.1.16 shall occur, the Banks shall be under no further obligations to make Loans hereunder and the unpaid principal amount of the Notes then outstanding and all interest accrued thereon, any unpaid fees and all other Indebtedness of the Borrower Borrowers to the Banks hereunder and thereunder shall be immediately due and payable, without presentment, demand, protest or notice of any kind, all of which are hereby expressly waived; and

Appears in 1 contract

Samples: Credit Agreement (Option Care Inc/De)

Bankruptcy, Insolvency or Reorganization Proceedings. If an Event of Default specified under subsections 8.1.14 9.1.14 or 8.1.15 9.1.15 of Section 8.1 9.1 shall occur, the Banks shall be under no further obligations to make Revolving Credit Loans hereunder and the unpaid principal amount of the Notes then outstanding and all interest accrued thereon, any unpaid fees and all other Indebtedness of the Borrower Borrowers to the Banks hereunder and thereunder shall be immediately due and payable, without presentment, demand, protest or notice of any kind, all of which are hereby expressly waived; and

Appears in 1 contract

Samples: Credit Agreement (Phymatrix Corp)

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Bankruptcy, Insolvency or Reorganization Proceedings. If an Event of Default specified under subsections 8.1.14 9.1.14 or 8.1.15 9.1.15 of Section 8.1 9.1 shall occur, the Banks shall be under no further obligations to make Loans hereunder and the unpaid principal amount of the Notes then outstanding and all interest accrued thereon, any unpaid fees and all other Indebtedness of the Borrower to the Banks hereunder and thereunder shall be immediately due and payable, without presentment, demand, protest or notice of any kind, all of which are hereby expressly waived; and

Appears in 1 contract

Samples: Credit Agreement (Suburban Lodges of America Inc)

Bankruptcy, Insolvency or Reorganization Proceedings. If an Event of Default specified under subsections 8.1.14 6.1.14 or 8.1.15 of Section 8.1 6.1.15 shall occur, the Banks shall be under no further obligations to make Loans hereunder and the unpaid principal amount of the Notes Loans then outstanding and all interest accrued thereon, any unpaid fees and all other Indebtedness of the Borrower to the Banks hereunder and thereunder shall be immediately due and payable, without presentment, demand, protest or notice of any kind, all of which are hereby expressly waived; and

Appears in 1 contract

Samples: Credit Agreement (Triumph Group Inc)

Bankruptcy, Insolvency or Reorganization Proceedings. If an Event of Default specified under subsections 8.1.14 Section 9.1.14 or 8.1.15 of Section 8.1 9.1.15 shall occur, the Banks shall be under no further obligations to make Loans hereunder and the unpaid principal amount of the Notes Loans then outstanding and all interest accrued thereon, any unpaid fees and all other Indebtedness of the Borrower to the Banks hereunder and thereunder shall be immediately due and payable, without presentment, demand, protest or notice of any kind, all of which are hereby expressly waived; and

Appears in 1 contract

Samples: Revolving Credit Facility (Rainbow Rentals Inc)

Bankruptcy, Insolvency or Reorganization Proceedings. If an Event of Default specified under subsections 8.1.14 or 8.1.15 of Section 8.1 9.1.14 [Bankruptcy, etc.] shall occur, the Banks shall be under no further obligations to make Loans hereunder and the unpaid principal amount of the Notes Loans then outstanding and all interest accrued thereon, any unpaid fees and all other Indebtedness of the Borrower Borrowers to the Banks hereunder and thereunder shall be immediately due and payable, without presentment, demand, protest or notice of any kind, all of which are hereby expressly waived; and

Appears in 1 contract

Samples: Credit Agreement (Internet Capital Group Inc)

Bankruptcy, Insolvency or Reorganization Proceedings. If an Event of Default specified under subsections Section 8.1.14 or 8.1.15 of Section 8.1 shall occur, the Banks shall be under no further obligations to make Loans hereunder and the unpaid principal amount of the Notes Loans then outstanding and all interest accrued thereon, any unpaid fees and all other Indebtedness of the Borrower Borrowers to the Banks hereunder and thereunder shall be immediately and automatically due and payable, without presentment, demand, protest or notice of any kind, all of which are hereby expressly waived; and

Appears in 1 contract

Samples: Revolving Credit Facility (Professional Detailing Inc)

Bankruptcy, Insolvency or Reorganization Proceedings. If an Event of Default specified under subsections 8.1.14 Section 8.1.13 or 8.1.15 of Section 8.1 8.1.13 shall occur, the Banks Bank shall be under no further obligations to make Loans hereunder and the unpaid principal amount of the Notes Loans then outstanding and all interest accrued thereon, any unpaid fees and all other Indebtedness of the Borrower to the Banks Bank hereunder and thereunder 219927742 shall be immediately due and payable, without presentment, demand, protest or notice of any kind, all of which are hereby expressly waived; and

Appears in 1 contract

Samples: Credit Agreement (Moog Inc.)

Bankruptcy, Insolvency or Reorganization Proceedings. If an Event of Default specified under subsections Section 8.1.14 or 8.1.15 of Section 8.1 shall occur, the Banks shall be under no further obligations to make Loans hereunder and the unpaid principal amount of the Term Notes then outstanding and all interest accrued thereon, any unpaid fees and all other Indebtedness of the Borrower to the Banks hereunder and thereunder shall be immediately due and payable, without presentment, demand, protest or notice of any kind, all of which are hereby expressly waived; and

Appears in 1 contract

Samples: Term Loan Credit Agreement (Champion Industries Inc)

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