Common use of Collection Suit by Administrative Agent Clause in Contracts

Collection Suit by Administrative Agent. If an Event of Default specified in Section 8.1(i) or (ii) occurs and is continuing, the Administrative Agent is authorized to recover judgment in its own name and as trustee of an express trust against the Borrower for the whole amount of principal of, premium, if any, and interest remaining unpaid on the Term Loans and interest on overdue principal and, to the extent lawful, interest and such further amount as shall be sufficient to cover the costs and expenses of collection, including the reasonable compensation, expenses, disbursements and advances of the Administrative Agent, its agents and counsel.

Appears in 2 contracts

Samples: Term Loan Agreement (Haights Cross Communications Inc), Term Loan Agreement (Haights Cross Communications Inc)

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Collection Suit by Administrative Agent. If an Event of Default specified in Section 8.1(i7.1(a) or (iib) (Events of Default) occurs and is continuing, the Administrative Agent is authorized to recover judgment in its own name and as trustee of an express trust against the Borrower for the whole amount of principal of, premium, if any, and interest remaining unpaid 104 on the Term Revolving Loans and interest on overdue principal and, to the extent lawful, interest and such further amount as shall be sufficient to cover the costs and expenses of collection, including the reasonable compensation, expenses, disbursements and advances of the Administrative Agent, its agents and counsel.

Appears in 2 contracts

Samples: Credit Agreement (Delta Energy Center, LLC), Credit Agreement (Calpine Corp)

Collection Suit by Administrative Agent. If an Event of Default specified in Section 8.1(i7.01(1) or (ii2) occurs and is continuing, the Administrative Agent is authorized to recover judgment in its own name and as trustee of an express trust against the Borrower Company for the whole amount of principal of, premium, if any, and interest remaining unpaid on the Term Loans and interest on overdue principal and, to the extent lawful, interest and such further amount as shall be sufficient to cover the costs and expenses of collection, including the reasonable compensation, expenses, disbursements and advances of the Administrative Agent, its agents and counsel.

Appears in 1 contract

Samples: Credit Agreement (Calpine Corp)

Collection Suit by Administrative Agent. If an Event of Default specified in Section 8.1(i6.01(a) or (iib) occurs and is continuing, the Administrative Agent is authorized to recover judgment in its own name and as trustee of an express trust against the Borrower for the whole amount of principal amount of, premium, if any, and interest remaining unpaid on the Term Loans Senior Unsecured Obligations and interest on overdue principal and, to the extent lawful, interest and such further amount as shall be sufficient to cover the costs and expenses of collection, including the reasonable compensation, expenses, disbursements and advances of the Administrative Agent, its agents and counsel, and any amounts due the Administrative Agent under Section 7.05 and 9.04.

Appears in 1 contract

Samples: Term Loan Agreement (Dresser Inc)

Collection Suit by Administrative Agent. If an Event of Default specified in Section 8.1(i6.01(i) or (ii) hereof occurs and is continuing, the Administrative Agent is authorized to recover judgment in its own name and as trustee of an express trust against the Borrower for the whole amount of principal of, premium, if any, and interest remaining unpaid on the Term Loans and interest on overdue principal and, to the extent lawful, interest and such further amount as shall be sufficient to cover the costs and expenses of collection, including the reasonable compensation, expenses, disbursements and advances of the Administrative Agent, its agents and counsel.

Appears in 1 contract

Samples: Senior Subordinated Loan Agreement (J Crew Group Inc)

Collection Suit by Administrative Agent. If an Event of Default specified in Section 8.1(i7.01(a) or (iib) occurs and is continuing, the Administrative Agent is authorized to recover judgment in its own name and as trustee of an express trust against the Borrower Company for the whole amount of principal of, premium, if any, and interest remaining unpaid on the Term Loans and interest on overdue principal and, to the extent lawful, interest and such further amount as shall be sufficient to cover the costs and expenses of collection, including the reasonable compensation, expenses, disbursements and advances of the Administrative Agent, its agents and counsel.

Appears in 1 contract

Samples: Credit and Guarantee Agreement (Calpine Corp)

Collection Suit by Administrative Agent. If an Event of Default specified in Section 8.1(i7.01(a) or (iib) (Events of Default) occurs and is continuing, the Administrative Agent is authorized to recover judgment in its own name and as trustee of an express trust against the Borrower for the whole amount of principal of, premium, if any, and interest remaining unpaid on the Second Priority Term Loans and interest on overdue principal and, to the extent lawful, interest and such further amount as shall be sufficient to cover the costs and expenses of collection, including the reasonable compensation, expenses, disbursements and advances of the Administrative Agent, its agents and counsel.

Appears in 1 contract

Samples: Credit and Guarantee Agreement (Calpine Corp)

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Collection Suit by Administrative Agent. If an Event of Default specified in Section 8.1(i7.01 (a) or (iib) (Events of Default) occurs and is continuing, the Administrative Agent is authorized to recover judgment in its own name and as trustee of an express trust against the Borrower for the whole amount of principal of, premium, if any, and interest remaining unpaid on the First Priority Term Loans and interest on overdue principal and, to the extent lawful, interest and such further amount as shall be sufficient to cover the costs and expenses of collection, including the reasonable compensation, expenses, disbursements and advances of the Administrative Agent, its agents and counsel.

Appears in 1 contract

Samples: Credit and Guarantee Agreement (Delta Energy Center, LLC)

Collection Suit by Administrative Agent. If an Event of Default specified in Section 8.1(i7.01(a) or (iib) (Events of Default) occurs and is continuing, the Administrative Agent is authorized to recover judgment in its own name and as trustee of an express trust against the Borrower for the whole amount of principal of, premium, if any, and interest remaining unpaid on the First Priority Term Loans and interest on overdue principal and, to the extent lawful, interest and such further amount as shall be sufficient to cover the costs and expenses of collection, including the reasonable compensation, expenses, disbursements and advances of the Administrative Agent, its agents and counsel.

Appears in 1 contract

Samples: Credit and Guarantee Agreement (Calpine Corp)

Collection Suit by Administrative Agent. If an a Term Loan Event of Default specified in Section 8.1(i13.1(a) or (iib) hereof occurs and is continuing, the Administrative Agent is authorized to recover judgment in its own name and as trustee Administrative Agent of an express trust against the Borrower Company for the whole amount of principal of, premiumpremium and Liquidated Damages, if any, and interest remaining unpaid on the Term Loans Loan and interest on overdue principal and, to the extent lawful, interest and such further amount as shall be sufficient to cover the costs and expenses of collection, including the reasonable compensation, expenses, disbursements and advances of the Administrative Agent, its agents and counsel.

Appears in 1 contract

Samples: Credit Agreement (Nebco Evans Holding Co)

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