Debtor Relief. If a Default exists under Section 11.3, the commitment to extend credit under this agreement automatically terminates, the entire unpaid balance of the Obligation automatically becomes due and payable without any action of any kind whatsoever.
Appears in 5 contracts
Samples: Second Lien Term Loan Agreement (Goodrich Petroleum Corp), Credit Agreement (Goodrich Petroleum Corp), Credit Agreement (Goodrich Petroleum Corp)
Debtor Relief. If a an Event of Default exists under Section 11.310.3, the commitment to extend credit under this agreement automatically terminates, terminates and the entire unpaid principal balance of the Obligation Obligation, together with all interest accrued thereon, and all other amounts then accrued and unpaid, automatically becomes become and shall be due and payable without any action of any kind whatsoever.
Appears in 5 contracts
Samples: Credit Agreement (PMC Commercial Trust /Tx), Credit Agreement (PMC Commercial Trust /Tx), Credit Agreement (PMC Commercial Trust /Tx)
Debtor Relief. If a Default exists (i) occurs under Section 11.310.3(c) or (ii) occurs and is continuing under Section 10.3(a), (b) or (d), the commitment to extend credit under this agreement Agreement automatically terminates, the entire unpaid balance of the Obligation automatically becomes due and payable without any action of any kind whatsoever.
Appears in 3 contracts
Samples: Credit Agreement (Prentiss Properties Trust/Md), Credit Agreement (Prentiss Properties Trust/Md), Credit Agreement (Prentiss Properties Trust/Md)
Debtor Relief. If a Default exists under Section SECTION 11.3, the commitment to extend credit under this agreement automatically terminates, and the entire unpaid balance of the Obligation automatically becomes due and payable without any action of any kind whatsoever.
Appears in 3 contracts
Samples: Credit Agreement (Affiliated Computer Services Inc), Credit Agreement (Affiliated Computer Services Inc), Credit Agreement (Affiliated Computer Services Inc)
Debtor Relief. If a an Event of Default exists under Section SECTION 11.3, the commitment to extend credit under this agreement automatically terminates, terminates and the entire unpaid principal balance of the Obligation Obligation, together with all interest accrued thereon, and all other amounts then accrued and unpaid, automatically becomes become and shall be due and payable without any action of any kind whatsoever.
Appears in 2 contracts
Samples: Credit Agreement (Ultrak Inc), Credit Agreement (Ultrak Inc)
Debtor Relief. If a an Event of Default exists under Section 11.3, the commitment to extend credit under this agreement Agreement automatically terminates, terminates and the entire unpaid principal balance of the Obligation Obligation, together with all interest accrued thereon, and all other amounts then accrued and unpaid, automatically becomes become and shall be due and payable without any action of any kind whatsoever.
Appears in 2 contracts
Samples: Credit Agreement (Ultrak Inc), Credit Agreement (Ultrak Inc)
Debtor Relief. If a Default exists (i) occurs under Section 11.310.3(c), or (ii) occurs and is continuing under Section 10.3(a), (b) or (d), the commitment to extend credit under this agreement Agreement automatically terminates, the entire unpaid balance of the Obligation automatically becomes due and payable without any action of any kind whatsoever.
Appears in 1 contract
Debtor Relief. If a Default exists under Section 11.310.3(c) or 10.3(d), the commitment to extend credit under this agreement hereunder shall automatically terminates, terminate and the entire unpaid balance of the Obligation shall automatically becomes become due and payable without any action or notice of any kind whatsoever.
Appears in 1 contract
Samples: Revolving Credit Agreement (Dobson Communications Corp)
Debtor Relief. If a an Event of Default exists under Section 11.3SECTION 10.6 or 10.7, the commitment to extend credit under this agreement hereunder shall automatically terminates, terminate and the entire unpaid balance of the Obligation shall automatically becomes become due and payable without any action or notice of any kind whatsoever.
Appears in 1 contract
Samples: Term Loan and Security Agreement (American Real Estate Partners L P)
Debtor Relief. If a Default exists under Section 11.39.3, the commitment to extend credit under this agreement automatically terminates, and the entire unpaid balance of the Obligation automatically becomes due and payable without any action of any kind whatsoever.
Appears in 1 contract
Debtor Relief. If a Default exists under Section 11.3SECTION 11.1(f) or 11.1(g), the commitment to extend credit under this agreement hereunder shall automatically terminates, terminate and the entire unpaid balance of the Obligation shall automatically becomes become due and payable without any action or notice of any kind whatsoever.
Appears in 1 contract
Samples: Senior Secured Term Loan Agreement (America West Holdings Corp)
Debtor Relief. If a Default exists (i) occurs under Section 11.310.3(c) or (ii) occurs and is continuing under Section 10.3(a), (b) or (d), the commitment to extend credit under this agreement Agreement automatically terminates, terminates and the entire unpaid balance of the Obligation automatically becomes due and payable without any action of any kind whatsoever.
Appears in 1 contract
Samples: Credit Agreement (American Industrial Properties Reit Inc)
Debtor Relief. If a an Event of Default exists under Section 11.3, the commitment to extend credit under this agreement automatically terminates, terminates and the entire unpaid principal balance of the Obligation Obligation, together with all interest accrued thereon, and all other amounts then accrued and unpaid, automatically becomes become and shall be due and payable without any action of any kind whatsoever.
Appears in 1 contract
Debtor Relief. If a Default exists under Section 11.3SECTION 10.3(C) or 10.3(D), the commitment to extend credit under this agreement hereunder shall automatically terminates, terminate and the entire unpaid balance of the Obligation shall automatically becomes become due and payable without any action or notice of any kind whatsoever.
Appears in 1 contract
Debtor Relief. If a an Event of Default exists under Section 11.3, the commitment to extend credit under this agreement automatically terminates, the entire unpaid balance of the Obligation automatically becomes due and payable without any action of any kind whatsoever.
Appears in 1 contract