Common use of Defaulting Revolving Lenders Clause in Contracts

Defaulting Revolving Lenders. Notwithstanding any provision of this Agreement to the contrary, if any Revolving Lender becomes a Defaulting Lender, then the following provisions shall apply for so long as such Revolving Lender is a Defaulting Lender:

Appears in 9 contracts

Samples: Credit Agreement (Neogen Corp), Credit Agreement (Garden SpinCo Corp), Collateral Agreement (Tenneco Inc)

AutoNDA by SimpleDocs

Defaulting Revolving Lenders. Notwithstanding any provision of this Agreement to the contrary, if any Revolving Lender becomes a Defaulting Lender (a “Defaulting Revolving Lender”), then the following provisions shall apply for so long as such Revolving Lender is a Defaulting Revolving Lender:

Appears in 2 contracts

Samples: 2 (Taboola.com Ltd.), Credit Agreement (Taboola.com Ltd.)

AutoNDA by SimpleDocs
Draft better contracts in just 5 minutes Get the weekly Law Insider newsletter packed with expert videos, webinars, ebooks, and more!