Common use of Effect of Event of Default Clause in Contracts

Effect of Event of Default. If any Event of Default described in Section 13.1.4 shall occur in respect of Borrower, the Term Loans and all other Obligations hereunder shall become immediately due and payable, all without presentment, demand, protest or notice of any kind; and, if any other Event of Default shall occur and be continuing, Administrative Agent may (and, upon the written request of the Required Lenders shall) declare all or any part of the Term Loans and all other Obligations hereunder to be due and payable, whereupon the Term Loans and other Obligations hereunder shall become immediately due and payable, all without presentment, demand, protest or notice of any kind. Administrative Agent shall promptly advise Borrower of any such declaration, but failure to do so shall not impair the effect of such declaration.

Effect of Event of Default. If any Event of Default described in Section 13.1.4 13.1(c) shall occur in respect of Borrowerthe Company, the Term Commitments shall immediately terminate and the Loans and all other Obligations hereunder shall become immediately due and payable, all without presentment, demand, protest or notice of any kind; and, if any other Event of Default shall occur and be continuing, Administrative Agent the Required Lenders may (and, upon the written request of the Required Lenders shall) declare the Commitments to be terminated in whole or in part and/or declare all or any part of the Term Loans and all other Obligations hereunder to be due and payable, whereupon the Term Commitments shall immediately terminate (or be reduced, as applicable) and/or the Loans and other Obligations hereunder shall become immediately due and payablepayable (in whole or in part, as applicable), all without presentment, demand, protest or notice of any kind. Administrative Agent The Required Lenders shall promptly advise Borrower the Company of any such declaration, but failure to do so shall not impair the effect of such declaration.

Effect of Event of Default. If any Event of Default described in Section 13.1.4 13.1.3 shall occur in respect of Borrowerthe Company, the Term Loans Commitments shall immediately terminate (if not previously terminated) and all other Obligations hereunder shall become immediately due and payable, all without presentment, demand, protest or notice of any kind; and, if any other Event of Default shall occur and be continuing, the Administrative Agent may (and, upon the written request of the Required Lenders shall) declare the Commitments to be terminated in whole or in part and/or declare all or any part of the Term Loans and all other Obligations hereunder to be due and payable, whereupon the Term Loans and other Commitments shall immediately terminate (or be reduced, as applicable) and/or the Obligations hereunder shall become immediately due and payablepayable (in whole or in part, as applicable), all without presentment, demand, protest or notice of any kind. Administrative Agent shall promptly advise Borrower of any such declaration, but failure to do so shall not impair the effect of such declaration.

Effect of Event of Default. If any Event of Default described in Section 13.1.4 13.01(d) shall occur in respect of the Borrower, the Term Commitments shall immediately terminate and the Loans and all other Obligations hereunder shall become immediately due and payable, all without presentment, demand, protest or notice of any kind; and, if any other Event of Default shall occur and be continuing, Administrative Agent the Lender may (and, upon declare the written request of the Required Lenders shall) Commitments to be terminated in whole or in part and/or declare all or any part of the Term Loans and all other Obligations hereunder to be due and payablepayable (in whole or in part, whereupon the Term Loans and other Obligations hereunder shall become immediately due and payableas applicable), all without presentment, demand, protest or notice of any kind. Administrative Agent The Lender shall promptly advise the Borrower of any such declaration, but failure to do so shall not impair the effect of such declaration.

Effect of Event of Default. If any Event of Default described in Section 13.1.4 shall occur in respect of the Borrower, the Term Commitments shall immediately terminate and the Loans and all other Obligations hereunder shall become immediately due and payable, all without presentment, demand, protest or notice of any kind; and, if any other Event of Default shall occur and be continuing, Administrative Agent the Lender may (and, upon declare the written request of the Required Lenders shall) Commitments to be terminated in whole or in part and/or declare all or any part of the Term Loans and all other Obligations hereunder to be due and payable, whereupon the Term Loans and other Obligations hereunder shall become immediately due and payablepayable (in whole or in part, as applicable), all without presentment, demand, protest or notice of any kind. Administrative Agent The Lender shall promptly advise the Borrower of any such declaration, but failure to do so shall not impair the effect of such declaration.