Common use of Borrowings and Guaranties Clause in Contracts

Borrowings and Guaranties. 32 Section 7.16. Investments, Loans, Advances and Acquisitions.33 Section 7.17. Sale of Property..............................35 Section 7.18. Notice of Suit or Adverse Change in Business or Default.......................35 Section 7.19. ERISA.........................................35 Section 7.20. Supplemental Performance......................35 Section 7.21. Use of Proceeds...............................35 Section 7.22. Compliance with Laws, etc.....................36 Section 7.23. Environmental Covenant........................36 Section 7.24. No Restrictions on Subsidiaries...............36 SECTION 8. EVENTS OF DEFAULT AND REMEDIES....................37 Section 8.1. Definitions...................................37 Section 8.2. Remedies for Non-Bankruptcy Defaults..........39 Section 8.3. Remedies for Bankruptcy Defaults..............39 Section 8.4. L/Cs..........................................39

Borrowings and Guaranties. 32 33 Section 7.167.10. Investments, Loans, Advances and Acquisitions.33 Acquisitions..............................................33 Section 7.177.11. Sale of Property.........................................................................................................35 Section 7.187.12. Notice of Suit or Adverse Change in Business or Default...........................................................35 Section 7.197.13. ERISA...............................................................................................................................35 Section 7.20. Supplemental Performance......................35 Section 7.217.14. Use of Proceeds...............................35 ............................................................................36 Section 7.227.15. Compliance with Laws, etc.......................................................................................36 Section 7.237.16. Environmental Covenant........................Sale and Leaseback Transactions............................................................36 Section 7.247.17. No Restrictions on Triad Chemical Product Withdrawal Agreement................................................36 Section 7.18. Fiscal Quarters............................................................................36 Section 7.19 New Subsidiaries..........................................................................................36 Section 7.20. Dividends and Certain Other Restricted Payments............................................36 SECTION 8. EVENTS OF DEFAULT AND REMEDIES....................37 Section 8.1. Definitions...................................37 Section 8.2. Remedies for Non-Bankruptcy Defaults..........39 Section 8.3. Remedies for Bankruptcy Defaults..............39 Section 8.4. L/Cs..........................................39..................................................................36

Borrowings and Guaranties. 32 28 Section 7.16. Investments, Loans, Advances and Acquisitions.33 Acquisitions .............29 Section 7.17. Sale of Property..............................35 Property ..........................................30 Section 7.18. Notice of Suit or Adverse Change in Business or Default.......................35 Default ...30 Section 7.19. ERISA.........................................35 ERISA .....................................................30 Section 7.20. Supplemental Performance......................35 Performance ..................................30 Section 7.21. Use of Proceeds...............................35 Proceeds ...........................................31 Section 7.22. Compliance with Laws, etc.....................36 . ................................31 Section 7.23. Environmental Covenant........................36 Covenant ....................................31 Section 7.24. No Restrictions on Subsidiaries...............36 Hedging ...................................................31 Section 7.25. Subsidiaries ..............................................31 Section 7.26. Preservation of Cooperative Status ........................32 Section 7.27. Post-Closing Matters ......................................32 SECTION 8. EVENTS OF DEFAULT AND REMEDIES....................37 REMEDIES ............................32 Section 8.1. Definitions...................................37 Definitions ...............................................32 Section 8.2. Remedies for Non-Bankruptcy Defaults..........39 Defaults ......................33 Section 8.3. Remedies for Bankruptcy Defaults..............39 Section 8.4. L/Cs..........................................39Defaults ..........................34

Borrowings and Guaranties. 32 38 Section 7.167.11. Investments, Loans, Advances and Acquisitions.33 Acquisitions.................................... 39 Section 7.177.12. Sale of Property..............................35 ................................................................. 40 Section 7.187.13. Notice of Suit or Adverse Change in Business or Default.......................35 .......................... 41 Section 7.197.14. ERISA.........................................35 ............................................................................ 41 Section 7.20. Supplemental Performance......................35 Section 7.217.15. Use of Proceeds...............................35 .................................................................. 41 Section 7.227.16. Compliance with Laws, etc.....................36 ........................................................ 42 Section 7.17. Sale and Leaseback Transactions.................................................. 42 Section 7.18. Fiscal Quarters.................................................................. 42 Section 7.19. New Subsidiaries................................................................. 42 Section 7.20. Maximum Leverage Ratio........................................................... 42 Section 7.21. Minimum Interest Coverage Ratio.................................................. 42 Section 7.22. Minimum Tangible Net Worth....................................................... 42 Section 7.23. Environmental Covenant........................36 Operating Leases................................................................. 43 Section 7.24. No Restrictions on Subsidiaries...............36 SECTION .................................................. 43 Section 8. EVENTS OF DEFAULT AND REMEDIES....................37 Events of Default and Remedies................................................... 43 Section 8.1. Definitions...................................37 ...................................................................... 43 Section 8.2. Remedies for Non-Bankruptcy Defaults..........39 ............................................. 45 Section 8.3. Remedies for Bankruptcy Defaults..............39 Section 8.4. L/Cs..........................................39.