Certain Conditions. Notwithstanding any other provision of this Agreement, no Lender shall have an obligation to make any Loan, if an Event of Default or Unmatured Event of Default has occurred and is continuing.
Appears in 4 contracts
Samples: Credit Agreement (Penske Automotive Group, Inc.), Credit Agreement (Penske Automotive Group, Inc.), Credit Agreement (Penske Automotive Group, Inc.)
Certain Conditions. Notwithstanding any other provision of this Agreement, no Lender shall have an obligation to make any LoanLoan and the Issuing Lender shall not have any obligation to issue any Letter of Credit, if an Event of Default or Unmatured Event of Default has occurred and is continuing.
Appears in 4 contracts
Samples: Credit Agreement (Penske Automotive Group, Inc.), Credit Agreement (United Auto Group Inc), Credit Agreement (United Auto Group Inc)
Certain Conditions. Notwithstanding any other provision of this Agreement, no Lender shall have an obligation to make any Loan, and no Issuing Lender shall have any obligation to issue any Letter of Credit, if an Event of Default or Unmatured Event of Default has occurred and is continuingexists.
Appears in 4 contracts
Samples: Credit Agreement (Regal Beloit Corp), Credit Agreement (Regal Beloit Corp), Credit Agreement (Regal Beloit Corp)
Certain Conditions. Notwithstanding any other provision Except as otherwise provided in Section 2.3.4 of this Agreement, no Lender shall have an obligation to make any Loan, and no Issuing Lender shall have any obligation to issue any Letter of Credit, if an Event of Default or Unmatured Event of Default has occurred and is continuingexists.
Appears in 2 contracts
Samples: Credit Agreement (Xponential Fitness, Inc.), Credit Agreement (Cyalume Technologies Holdings, Inc.)
Certain Conditions. Notwithstanding any other provision of this Agreement, no Lender shall have an obligation to make any Loan, and the Issuing Lender shall not have any obligation to issue any Letter of Credit, if an Event of Default or Unmatured Event of Default has occurred and is continuing.
Appears in 1 contract
Samples: Credit Agreement (Lithia Motors Inc)
Certain Conditions. Notwithstanding any other provision of this Agreement, no Lender shall have an obligation to make any LoanLoan and the Issuing Lender shall not have any obligation to issue any Letter of Credit, if an Event of Default or Unmatured Event of Default has occurred and is continuing.
1.8 Section 3.1 of the Credit Agreement shall be amended and restated to read in its entirety as follows:
Appears in 1 contract
Certain Conditions. Notwithstanding any other provision of this Agreement, no Lender shall have an obligation to make any Loan, and the Issuing Bank shall not have any obligation to issue any Letter of Credit, if an a Default or Event of Default or Unmatured Event of Default has occurred and is continuingexists.
Appears in 1 contract
