Defaulting Banks. Notwithstanding any provision of this Agreement to the contrary, if any Bank becomes a Defaulting Bank, then the following provisions shall apply for so long as such Bank is a Defaulting Bank:
Appears in 11 contracts
Samples: Credit Agreement (Caterpillar Financial Services Corp), Credit Agreement (Caterpillar Inc), Credit Agreement (Caterpillar Financial Services Corp)
Defaulting Banks. Notwithstanding any provision of this Agreement anything to the contrarycontrary contained in this Agreement, if any Bank becomes a Defaulting Bank, then the following provisions shall apply for so long then, until such time as such that Bank is no longer a Defaulting Bank, to the extent permitted by applicable law:
Appears in 9 contracts
Samples: Credit Agreement (Brinker International, Inc), Credit Agreement (Brinker International, Inc), Credit Agreement (Brinker International, Inc)
Defaulting Banks. Notwithstanding any provision of this Agreement to the contrary, if any Bank becomes a Defaulting Bank, then the following provisions shall apply for so long as such Bank is a Defaulting Bank:Bank (the “Default Period”):
Appears in 6 contracts
Samples: Credit Agreement (Otter Tail Corp), Term Loan Agreement (Otter Tail Corp), Term Loan Agreement (Otter Tail Corp)
Defaulting Banks. (a) Notwithstanding any provision of this Agreement to the contrary, if any Bank becomes a Defaulting Bank, then the following provisions shall apply for so long then, until such time as such Bank is no longer a Defaulting Bank, to the extent permitted by applicable Law:
Appears in 2 contracts
Samples: Credit Agreement (Avon Products Inc), Revolving Credit Agreement (Avon Products Inc)
Defaulting Banks. Notwithstanding any provision of this Agreement to the contrary, if any Bank becomes a Defaulting Bank, then the following provisions shall apply for so long as such Bank is a Defaulting Bank:
(i) fees shall cease to accrue on the unfunded portion of the Commitment of such Defaulting Bank pursuant to Section 2.3;
Appears in 1 contract
Defaulting Banks. Notwithstanding any provision of this Agreement anything to the contrarycontrary contained in this Agreement, if any Bank becomes a Defaulting Bank, then the following provisions shall apply for so long then, until such time as such that Bank is no longer a Defaulting Bank:, to the extent permitted by applicable law: (a)
Appears in 1 contract
Defaulting Banks. (a) Notwithstanding any provision of this Agreement to the contrary, if any Bank becomes a Defaulting Bank, then the following provisions shall apply for so long as such Bank is a Defaulting Bank:
(i) facility fees shall cease to accrue, or to be payable by the Borrower, on the unfunded portion of the Commitment of such Defaulting Bank pursuant to Section 2.09(a) for the account of such Defaulting Bank or otherwise;
Appears in 1 contract
Samples: Revolving Credit Agreement (National Rural Utilities Cooperative Finance Corp /Dc/)
Defaulting Banks. Notwithstanding any provision of this Agreement to the contrary, if any Bank becomes a Defaulting Bank, then the following provisions shall apply for so long as such Bank is a Defaulting Bank:
(a) fees shall cease to accrue on the unused portion of the Revolving Commitment of such Defaulting Bank pursuant to subsection
Appears in 1 contract
Samples: Credit Agreement (General Mills Inc)
