Debtor Relief. If an Event of Default exists under Section 10.3, the commitment to extend credit under this agreement automatically terminates and the entire unpaid principal balance of the Obligation, together with all interest accrued thereon, and all other amounts then accrued and unpaid, automatically 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 an Event of a Default exists under Section 10.311.3, the commitment to extend credit under this agreement automatically terminates and terminates, the entire unpaid principal balance of the Obligation, together with all interest accrued thereon, and all other amounts then accrued and unpaid, Obligation automatically become and shall be becomes due and payable without any action of any kind whatsoever.
Appears in 5 contracts
Samples: Credit Agreement (Goodrich Petroleum Corp), Credit Agreement (Goodrich Petroleum Corp), Term Loan Agreement (Goodrich Petroleum Corp)
Debtor Relief. If an Event of a Default exists under Section 10.3SECTION 11.3, the commitment to extend credit under this agreement automatically terminates terminates, and the entire unpaid principal balance of the Obligation, together with all interest accrued thereon, and all other amounts then accrued and unpaid, Obligation automatically become and shall be 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 an Event of a Default exists (i) occurs under Section 10.310.3(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 and terminates, the entire unpaid principal balance of the Obligation, together with all interest accrued thereon, and all other amounts then accrued and unpaid, Obligation automatically become and shall be 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 an Event of Default exists under Section 10.311.3, the commitment to extend credit under this agreement Agreement automatically terminates and the entire unpaid principal balance of the Obligation, together with all interest accrued thereon, and all other amounts then accrued and unpaid, automatically 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 an Event of a Default exists under Section 10.3SECTION 11.3, the commitment to extend credit under this agreement Agreement automatically terminates terminates, and the entire unpaid principal balance of the Obligation, together with all interest accrued thereon, and all other amounts then accrued and unpaid, Obligation automatically become and shall be becomes due and payable without any action of any kind whatsoever.
Appears in 2 contracts
Samples: Credit Agreement (Affiliated Computer Services Inc), Credit Agreement (Affiliated Computer Services Inc)
Debtor Relief. If an Event of Default exists under Section 10.3SECTION 11.3, the commitment to extend credit under this agreement automatically terminates and terminates, the entire unpaid principal balance of the Obligation, together with all interest accrued thereon, Principal Debt and all other amounts then an accrued and unpaid, unpaid portion of the remaining Obligation automatically become and shall be becomes due and payable without any action of any kind whatsoever.
Appears in 2 contracts
Samples: Credit Agreement (Teppco Partners Lp), Credit Agreement (Teppco Partners Lp)
Debtor Relief. If an Event of Default exists under Section 10.3SECTION 11.3, the commitment to extend credit under this agreement automatically terminates and the entire unpaid principal balance of the Obligation, together with all interest accrued thereon, and all other amounts then accrued and unpaid, automatically 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 an Event of Default exists under Section 10.311.3, the commitment to extend credit under this agreement automatically terminates and the entire unpaid principal balance of the Obligation, together with all interest accrued thereon, and all other amounts then accrued and unpaid, automatically become and shall be due and payable without any action of any kind whatsoever.
Appears in 1 contract
Debtor Relief. If an Event of a Default exists under Section 10.39.3, the commitment to extend credit under this agreement automatically terminates terminates, and the entire unpaid principal balance of the Obligation, together with all interest accrued thereon, and all other amounts then accrued and unpaid, Obligation automatically become and shall be becomes due and payable without any action of any kind whatsoever.
Appears in 1 contract
Debtor Relief. If an Event of a Default exists under Section 10.312.1(g) or 12.1(h), the commitment to extend credit under this agreement hereunder shall automatically terminates terminate and the entire unpaid principal balance of the Obligation, together with all interest accrued thereon, and all other amounts then accrued and unpaid, Obligation shall automatically become and shall be due and payable without any action or notice of any kind whatsoever.
Appears in 1 contract
Samples: Term Loan and Note Purchase Agreement (Sun Healthcare Group Inc)
Debtor Relief. If an Event of a Default exists under Section 10.3SECTION 11.3, the commitment to extend credit under this agreement automatically terminates and terminates, the entire unpaid principal balance of the Obligation, together with all interest accrued thereon, and all other amounts then accrued and unpaid, Obligations automatically become and shall be becomes due and payable without any action of any kind whatsoever.
Appears in 1 contract
Samples: Credit Agreement (Pillowtex Corp)
Debtor Relief. If an Event of a Default exists under Section 10.3SECTION 10.3(C) or 10.3(D), the commitment to extend credit under this agreement hereunder shall automatically terminates terminate and the entire unpaid principal balance of the Obligation, together with all interest accrued thereon, and all other amounts then accrued and unpaid, Obligation shall automatically become and shall be due and payable without any action or notice of any kind whatsoever.
Appears in 1 contract
Debtor Relief. If an Event of a Default exists under Section 10.3SECTION 11.3, the commitment to extend credit under this agreement automatically terminates and terminates, the entire unpaid principal balance of the Obligation, together with all interest accrued thereon, and all other amounts then accrued and unpaid, Obligation automatically become and shall be becomes due and payable without any action of any kind whatsoever.
Appears in 1 contract
Samples: Credit Agreement (Magnetek Inc)
Debtor Relief. If an Event of a Default exists under Section 10.3SECTION 11.1(f) or 11.1(g), the commitment to extend credit under this agreement hereunder shall automatically terminates terminate and the entire unpaid principal balance of the Obligation, together with all interest accrued thereon, and all other amounts then accrued and unpaid, Obligation shall automatically become and shall be 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 an Event of Default exists under Section 10.311.3, the commitment to extend credit under this agreement automatically terminates and terminates, the entire unpaid principal balance of the Obligation, together with all interest accrued thereon, and all other amounts then accrued and unpaid, Obligation automatically become and shall be becomes due and payable without any action of any kind whatsoever.
Appears in 1 contract
Debtor Relief. If an Event of Default exists under Section 10.3SECTION 10.6 or 10.7, the commitment to extend credit under this agreement hereunder shall automatically terminates terminate and the entire unpaid principal balance of the Obligation, together with all interest accrued thereon, and all other amounts then accrued and unpaid, Obligation shall automatically become and shall be 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 an Event of a Default exists under Section 10.3SECTION 11.3(b) or 11.3(c), the commitment to extend credit under this agreement hereunder shall automatically terminates terminate and the entire unpaid principal balance of the Obligation, together with all interest accrued thereon, and all other amounts then accrued and unpaid, Obligation shall automatically become and shall be due and payable without any action or notice of any kind whatsoever.. NBPLP CREDIT AGREEMENT
Appears in 1 contract
Samples: NBPLP Credit Agreement (Northern Border Partners Lp)
Debtor Relief. If an Event of a Default exists under Section 10.310.3(c) or 10.3(d), the commitment to extend credit under this agreement hereunder shall automatically terminates terminate and the entire unpaid principal balance of the Obligation, together with all interest accrued thereon, and all other amounts then accrued and unpaid, Obligation shall automatically become and shall be due and payable without any action or notice of any kind whatsoever.
Appears in 1 contract
