Common use of Events of Default Other Than Bankruptcy, Insolvency or Reorganization Proceedings Clause in Contracts

Events of Default Other Than Bankruptcy, Insolvency or Reorganization Proceedings. If an Event of Default specified under Section 9.1 (other than Section 9.1(g) or (h)) shall occur and be continuing, the Lenders and the Administrative Agent shall be under no further obligation to make Term Loans and the Administrative Agent may, and upon the request of the Requisite Lenders, shall by written notice to the Borrower, declare the unpaid principal amount of the Term Loans then outstanding and all interest accrued thereon, any unpaid fees and all other Indebtedness of the Borrower to the Lenders hereunder and thereunder to be forthwith due and payable, and the same shall thereupon become and be immediately due and payable to the Administrative Agent for the benefit of each Lender without presentment, demand, protest or any other notice of any kind, all of which are hereby expressly waived; and

Appears in 5 contracts

Samples: Credit Agreement (Frontier Communications Corp), Credit Agreement (Frontier Communications Corp), Credit Agreement (Frontier Communications Corp)

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Events of Default Other Than Bankruptcy, Insolvency or Reorganization Proceedings. If an Event of Default specified under Section 9.1 (other than Section 9.1(gSections 9.1(a) or (h)through 9.1(k) shall occur and be continuing, the Lenders and the Administrative Agent shall be under no further obligation to make Term Loans or continue or convert any portion of the Loan and the Administrative Agent may, and upon the request of the Requisite Required Lenders, shall by written notice to the Borrower, declare the unpaid principal amount of the Term Loans Notes then outstanding and all interest accrued thereon, any unpaid fees and all other Indebtedness of the Borrower to the Lenders hereunder and thereunder to be forthwith due and payable, and the same shall thereupon become and be immediately due and payable to the Administrative Agent for the benefit of each Lender without presentment, demand, protest or any other notice of any kind, all of which are hereby expressly waived; and

Appears in 3 contracts

Samples: Term Loan Agreement (Dayton Power & Light Co), Term Loan Agreement (Ipalco Enterprises, Inc.), Term Loan Agreement (Ipalco Enterprises, Inc.)

Events of Default Other Than Bankruptcy, Insolvency or Reorganization Proceedings. If an Event of Default specified under Section 9.1 (other than Section 9.1(g) or (h9.1(l)) shall occur and be continuing, the Lenders and the Administrative Agent shall be under no further obligation to make Term Loans and the Administrative Agent may, and upon the request of the Requisite Required Lenders, shall by written notice to the Borrower, declare the unpaid principal amount of the Term Loans then outstanding and all interest accrued thereon, any unpaid fees and all other Indebtedness of the Borrower to the Lenders hereunder and thereunder to be forthwith due and payable, and the same shall thereupon become and be immediately due and payable to the Administrative Agent for the benefit of each Lender without presentment, demand, protest or any other notice of any kind, all of which are hereby expressly waived, and the Borrower hereby pledges to the Administrative Agent and the Lenders, and grants to the Administrative Agent and the Lenders a security interest in, all such cash as security for such Secured Obligations; and

Appears in 2 contracts

Samples: Credit Agreement (Nuvera Communications, Inc.), Credit Agreement (Nuvera Communications, Inc.)

Events of Default Other Than Bankruptcy, Insolvency or Reorganization Proceedings. If an Event of Default specified under Section 9.1 (other than Section 9.1(g) or (h)) shall occur and be continuingwhich has not been waived in writing by the Lender, the Lenders Lender (a) may cancel the Revolving Credit Commitment and the Administrative Agent shall be under no further obligation to make Term any additional Loans and the Administrative Agent (b) may, and upon the request of the Requisite Lenders, shall by written notice to the Borrower, declare (i) the commitment to make any partial Loans terminated and (ii) the unpaid principal amount of the Term outstanding Loans then outstanding and all interest accrued thereon, any unpaid fees and all other Indebtedness of the Borrower to the Lenders Lender hereunder and thereunder to be forthwith due and payable, and the same shall thereupon become and be immediately due and payable to the Administrative Agent for the benefit of each Lender without presentment, demand, protest or any other notice of any kind, all of which are hereby expressly waived; and, and (c) exercise all rights and remedies available to it under the Loan Documents or applicable Law or equity.

Appears in 2 contracts

Samples: Credit Agreement (ExOne Co), Credit Agreement (ExOne Co)

Events of Default Other Than Bankruptcy, Insolvency or Reorganization Proceedings. If an Event of Default specified under Section 9.1 (other than Section 9.1(g) or (h9.1(k)) shall occur and be continuing, the Lenders and the Administrative Agent shall be under no further obligation to make the Term Loans Loan and the Administrative Agent may, and upon the request of the Requisite Required Lenders, shall by written notice to the Borrower, declare the unpaid principal amount of the Term Loans Loan then outstanding and all interest accrued thereon, any unpaid fees and all other Indebtedness of the Borrower to the Lenders hereunder and thereunder to be forthwith due and payable, and the same shall thereupon become and be immediately due and payable to the Administrative Agent for the benefit of each Lender without presentment, demand, protest or any other notice of any kind, all of which are hereby expressly waived; and

Appears in 2 contracts

Samples: Term Loan Credit Agreement (Seaboard Corp /De/), Term Loan Credit Agreement (Seaboard Corp /De/)

Events of Default Other Than Bankruptcy, Insolvency or Reorganization Proceedings. If an Event of Default specified under Section 9.1 (other than Section 9.1(g) or (h)) Sections 8.1.1 through 8.1.9 shall occur and be continuing, the Lenders and the Administrative Agent shall be under no further obligation to make Term Loans and the Administrative Agent may, and upon the request of the Requisite Required Lenders, shall by written notice to the Borrower, declare the unpaid principal amount of the Term Loans then outstanding and all interest accrued thereon, any unpaid fees and all other Indebtedness of the Borrower to the Lenders hereunder and thereunder to be forthwith due and payable, and the same shall thereupon become and be immediately due and payable to the Administrative Agent for the benefit of each Lender without presentment, demand, protest or any other notice of any kind, all of which are hereby expressly waived; and

Appears in 2 contracts

Samples: Credit Agreement (Dayton Power & Light Co), Credit Agreement (Dayton Power & Light Co)

Events of Default Other Than Bankruptcy, Insolvency or Reorganization Proceedings. If an any Event of Default specified under Section 9.1 (other than Section 9.1(g) or (h)) 10.1 shall occur and be continuing, the Lenders and the Administrative Agent shall be under no further obligation to make Term Loans and the Issuing Lender shall be under no obligation to issue Letters of Credit and the Administrative Agent may, and upon the request of the Requisite LendersRequired Lenders shall, take any or all of the following actions: (i) declare the commitment of each Lender to make Loans and any obligation of the Issuing Lender to issue, amend or extend Letters of Credit to be terminated, whereupon such commitments and obligation shall by written notice to the Borrower, be terminated; (ii) declare the unpaid principal amount of the Term Loans then all outstanding and Loans, all interest accrued and unpaid thereon, any unpaid fees and all other Indebtedness of the Borrower to the Lenders amounts owing or payable hereunder and thereunder or under any other Loan Document to be forthwith immediately due and payable, and the same shall thereupon become and be immediately due and payable to the Administrative Agent for the benefit of each Lender without presentment, demand, protest or any other notice of any kind, all of which are hereby expressly waived; andwaived by the Borrower;

Appears in 1 contract

Samples: Revolving Credit Facility Agreement (Chesapeake Utilities Corp)

Events of Default Other Than Bankruptcy, Insolvency or Reorganization Proceedings. If an Event of Default specified under Section 9.1 (other than Section 9.1(g) or (h)) shall occur and be continuingwhich has not been waived in writing by the Lender, the Lenders Lender (a) may cancel the Revolving Credit Commitment and the Administrative Agent shall be under no further obligation to make Term any additional Loans and the Administrative Agent (b) may, and upon the request of the Requisite Lenders, shall by written notice to the Borrower, declare declare (i) the commitment to make any partial Loans terminated and (ii) the unpaid principal amount of the Term outstanding Loans then outstanding and all interest accrued thereon, any unpaid fees and all other Indebtedness of the Borrower to the Lenders Lender hereunder and thereunder to be forthwith due and payable, and the same shall thereupon become and be immediately due and payable to the Administrative Agent for the benefit of each Lender without presentment, demand, protest or any other notice of any kind, all of which are hereby expressly waived; and, and (c) exercise all rights and remedies available to it under the Loan Documents or applicable Law or equity.

Appears in 1 contract

Samples: Credit Agreement (ExOne Co)

Events of Default Other Than Bankruptcy, Insolvency or Reorganization Proceedings. If an Event of Default specified under Section 9.1 (other than Section 9.1(g) or (h)) Sections 9.1.1 through 9.1.12 shall occur and be continuing, the Lenders and the Administrative Agent shall be under no further obligation obligation, if any, to make Term Loans Loans, and the Administrative Agent may, and upon the request of the Requisite Required Lenders, shall by written notice to the Borrower, declare the unpaid principal amount of the Term Loans Notes then outstanding and all interest accrued thereon, any unpaid fees fees, including without limitation, the prepayment fee, if applicable under Section 5.4.1 [Right to Prepay], and all other Indebtedness Obligations of the Borrower to the Lenders hereunder and thereunder to be forthwith due and payable, and the same shall thereupon become and be immediately due and payable to the Administrative Agent for the benefit of each Lender without presentment, demand, protest or any other notice of any kind, all of which are hereby expressly waived; and

Appears in 1 contract

Samples: Credit Agreement (Federated Investors Inc /Pa/)

Events of Default Other Than Bankruptcy, Insolvency or Reorganization Proceedings. If an Event of Default specified under Section 9.1 (other than Section 9.1(g) or (h9.1(k)9.1(k)) shall occur and be continuing, the Lenders and the Administrative Agent shall be under no further obligation to make the Term Loans Loan and the Administrative Agent may, and upon the request of the Requisite Required Lenders, shall by written notice to the Borrower, declare the unpaid principal amount of the Term Loans Loan then outstanding and all interest accrued thereon, any unpaid fees and all other Indebtedness of the Borrower to the Lenders hereunder and thereunder to be forthwith due and payable, and the same shall thereupon become and be immediately due and payable to the Administrative Agent for the benefit of each Lender without presentment, demand, protest or any other notice of any kind, all of which are hereby expressly waived; andand ​

Appears in 1 contract

Samples: Term Loan Credit Agreement (Seaboard Corp /De/)

Events of Default Other Than Bankruptcy, Insolvency or Reorganization Proceedings. If an Event of Default specified under Section 9.1 (other than Section 9.1(g) or (h9.1(l)) shall occur and be continuing, the Lenders and the Administrative Agent shall be under no further obligation to make Term Loans and the Administrative Agent may, and upon the request of the Requisite Required Lenders, shall by written notice to the Borrower, declare the unpaid principal amount of the Term Loans then outstanding and all interest accrued thereon, any unpaid fees and all other Indebtedness of the Borrower to the Lenders hereunder and thereunder to be forthwith due and payable, and the same shall thereupon become and be immediately due and payable to the Administrative Agent for the benefit of each Lender without presentment, demand, protest or any other notice of any kind, all of which are hereby expressly waived; and

Appears in 1 contract

Samples: Second Lien Credit Agreement (Alaska Communications Systems Group Inc)

Events of Default Other Than Bankruptcy, Insolvency or Reorganization Proceedings. If an Event of Default specified under Section 9.1 (other than Section 9.1(g) or (h)) Sections 9.1.1 through 9.1.10 shall occur and be continuing, the Lenders and the Administrative Agent shall be under no further obligation to make Term Loans and the Administrative Agent may, and upon the request of the Requisite Required Lenders, shall by written notice to the Borrower, declare the unpaid principal amount of the Term Loans Notes then outstanding and all interest accrued thereon, any unpaid fees and all other Indebtedness of the Borrower to the Lenders hereunder and thereunder to be forthwith due and payable, and the same shall thereupon become and be immediately due and payable to the Administrative Agent for the benefit of each Lender without presentment, demand, protest or any other notice of any kind, all of which are hereby expressly waived; and

Appears in 1 contract

Samples: Term Loan Facility (Handy & Harman Ltd.)

Events of Default Other Than Bankruptcy, Insolvency or Reorganization Proceedings. If an Event of Default specified under Section 9.1 (other than Section 9.1(g) or (h)) Sections 8.1.1 [Payments under Loan Documents] through 8.1.12 [Change of Control] shall occur and be continuing, the Lenders and the Administrative Agent shall be under no further obligation to make Term Loans Loans, and the Administrative Agent may, and upon the request of the Requisite Required Lenders, shall by written notice to the Borrower, declare the unpaid principal amount of the Term Loans Notes and Obligations then outstanding and all interest accrued thereon, any unpaid fees and all other Indebtedness of the Borrower to the Lenders hereunder and thereunder to be forthwith due and payable, and the same shall thereupon become and be immediately due and payable to the Administrative Agent for the benefit of each Lender without presentment, demand, protest or any other notice of any kind, all of which are hereby expressly waived; and.

Appears in 1 contract

Samples: Loan Agreement (BioFuel Energy Corp.)

Events of Default Other Than Bankruptcy, Insolvency or Reorganization Proceedings. If an Event of Default specified under Section 9.1 (other than Section 9.1(g) or (h)) Sections 8.1.1 through 8.1.12 shall occur and be continuing, the Lenders and the Administrative Agent shall be under no further obligation to make Term Loans and the Administrative Agent may, and upon the request of the Requisite Required Lenders, shall by written notice to the BorrowerBorrowers, declare the unpaid principal amount of the Term Loans Notes then outstanding and all interest accrued thereon, any unpaid fees and all other Indebtedness of the Borrower Borrowers to the Lenders hereunder and thereunder to be forthwith due and payable, and the same shall thereupon become and be immediately due and payable to the Administrative Agent for the benefit of each Lender without presentment, demand, protest or any other notice of any kind, all of which are hereby expressly waived; and.

Appears in 1 contract

Samples: Credit Agreement (Cincinnati Financial Corp)

Events of Default Other Than Bankruptcy, Insolvency or Reorganization Proceedings. If an Event of Default specified under Section 9.1 (other than Section 9.1(g) or (h)) Sections 9.1.1 through 9.1.13 shall occur and be continuing, the Lenders and the Administrative Agent Bank shall be under no further obligation to make Term Loans and the Administrative Agent Bank may, and upon the request of the Requisite Lenders, shall by written notice to the Borrower, take one or both of the following actions: (i) terminate the Commitment and thereupon the Commitments shall be terminated and of no further force and effect, or (ii) declare the unpaid principal amount of the Term Notes and Loans then outstanding and all interest accrued thereon, any unpaid fees and all other Indebtedness of the Borrower to the Lenders Bank hereunder and thereunder to be forthwith due and payable, and the same shall thereupon become and be immediately due and payable to the Administrative Agent for the benefit of each Lender Bank without presentment, demand, protest or any other notice of any kind, all of which are hereby expressly waived; and

Appears in 1 contract

Samples: Revolving Credit Facility Agreement (New Jersey Resources Corp)

Events of Default Other Than Bankruptcy, Insolvency or Reorganization Proceedings. If an Event of Default specified under Section 9.1 (other than 8.1.1 [Payments Under Loan Documents] through and including Section 9.1(g) or (h)) 8.1.11 [Change of Control] shall occur and be continuing, the Lenders and the Administrative Agent shall be under no further obligation to make Term Loans and the Administrative Agent may, and upon the request of the Requisite Required Lenders, shall by written notice to the Borrower, declare the unpaid principal amount of the Term Loans then outstanding and all interest accrued thereon, any unpaid fees and all other Indebtedness of the Borrower to the Lenders hereunder and thereunder to be forthwith due and payable, and the same shall thereupon become and be immediately due and payable to the Administrative Agent for the benefit of each Lender without presentment, demand, protest or any other notice of any kind, all of which are hereby expressly waived; and

Appears in 1 contract

Samples: Credit Agreement (MSA Safety Inc)

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Events of Default Other Than Bankruptcy, Insolvency or Reorganization Proceedings. If an Event of Default specified under Section 9.1 (other than Section 9.1(g) or (h9.1(k)) shall occur and be continuing, the Lenders and the Administrative Agent shall be under no further obligation to make Term Revolving Loans and the Administrative Agent may, and upon the request of the Requisite Required Lenders, shall by written notice to the Borrower, declare the unpaid principal amount of the Term Revolving Loans then outstanding and all interest accrued thereon, any unpaid fees and all other Indebtedness of the Borrower to the Lenders hereunder and thereunder to be forthwith due and payable, and the same shall thereupon become and be immediately due and payable to the Administrative Agent for the benefit of each Lender without presentment, demand, protest or any other notice of any kind, all of which are hereby expressly waived; and

Appears in 1 contract

Samples: 364 Day Revolving Credit Agreement (Seaboard Corp /De/)

Events of Default Other Than Bankruptcy, Insolvency or Reorganization Proceedings. If an Event of Default specified under Section 9.1 (other than Section 9.1(g) or (h)) Sections 8.1.1 through 8.1.13 shall occur and be continuing, the Lenders Banks and the Administrative Agent shall be be, if determined by the Required Banks, under no further obligation to make Term Loans hereunder and the Administrative Agent mayAgent, and upon the request of the Requisite LendersRequired Banks, shall by written notice to the BorrowerBorrowers, declare the unpaid principal amount of the Term Loans Notes then outstanding and all interest accrued thereon, any unpaid fees and all other Indebtedness of the Borrower to the Lenders Banks hereunder and thereunder to be forthwith due and payable, and the same shall thereupon become and be immediately due and payable to the Administrative Agent for the benefit of each Lender Bank without presentment, demand, protest or any other notice of any kind, all of which are hereby expressly waived; , and

Appears in 1 contract

Samples: Term Loan Credit Agreement (Champion Industries Inc)

Events of Default Other Than Bankruptcy, Insolvency or Reorganization Proceedings. If an Event of Default specified under Section 9.1 (other than Section 9.1(g) or (h)) Sections 8.1.1 through 8.1.14 shall occur and be continuing, the Lenders and the Administrative Agent shall be under no further obligation to make Term Loans hereunder and the Administrative Agent may, and upon the request of the Requisite Required Lenders, shall by written notice to the Borrower, declare the unpaid principal amount of the Term Loans then outstanding and all interest accrued thereon, any unpaid fees (including any Make-Whole Amount and prepayment premium) and all other Indebtedness and Obligations of the Borrower to the Lenders hereunder and thereunder to be forthwith due and payable, and the same shall thereupon become and be immediately due and payable to the Administrative Agent for the benefit of each Lender without presentment, demand, protest or any other notice of any kind, all of which are hereby expressly waived; and.

Appears in 1 contract

Samples: Term Loan Credit Agreement (Glatfelter Corp)

Events of Default Other Than Bankruptcy, Insolvency or Reorganization Proceedings. If an Event of Default specified under Section 9.1 (other than Section 9.1(gSections 9.1(a) or (h)through 9.1(k) shall occur and be continuing, the Lenders and the Administrative Agent shall be under no further obligation to make Term Loans and the Administrative Agent may, and upon the request of the Requisite Required Lenders, shall by written notice to the Borrower, declare the unpaid principal amount of the Term Loans Notes then outstanding and all interest accrued thereon, any unpaid fees and all other Indebtedness of the Borrower to the Lenders hereunder and thereunder to be forthwith due and payable, and the same shall thereupon become and be immediately due and payable to the Administrative Agent for the benefit of each Lender without presentment, demand, protest or any other notice of any kind, all of which are hereby expressly waived; and

Appears in 1 contract

Samples: Credit Agreement (Ipalco Enterprises, Inc.)

Events of Default Other Than Bankruptcy, Insolvency or Reorganization Proceedings. If an Event of Default specified under Section 9.1 (other than Section 9.1(g) or (h)) Sections 9.1.1 through 9.1.13 shall occur and be continuing, the Lenders and the Administrative Agent shall be under no further obligation to make Term Loans and the Administrative Agent may, and upon the request of the Requisite LendersRequired Lenders shall, shall by written notice to the Borrower, take one or both of the following actions: (a) terminate the Commitments and thereupon the Commitments shall be terminated and of no further force and effect or (b) declare the unpaid principal amount of the Term Notes and Loans then outstanding and all interest accrued thereon, any unpaid fees and all other Indebtedness of the Borrower to the Lenders hereunder and thereunder to be forthwith due and payable, and the same shall thereupon become and be immediately due and payable to the Administrative Agent for the benefit of each Lender without presentment, demand, protest or any other notice of any kind, all of which are hereby expressly waived; and.

Appears in 1 contract

Samples: Credit Agreement (New Jersey Resources Corp)

Events of Default Other Than Bankruptcy, Insolvency or Reorganization Proceedings. If an Event of Default specified under Section 9.1 (other than Section 9.1(g) or (h9.1(k)) shall occur and be continuing, the Lenders and the Administrative Agent shall be under no further obligation to make Term any Loans and the Administrative Agent may, and upon the request of the Requisite Required Lenders, shall by written notice to the Borrower, declare the unpaid principal amount of the Term Loans then outstanding and all interest accrued thereon, any unpaid fees and all other Indebtedness of the Borrower to the Lenders hereunder and thereunder to be forthwith due and payable, and the same shall thereupon become and be immediately due and payable to the Administrative Agent for the benefit of each Lender without presentment, demand, protest or any other notice of any kind, all of which are hereby expressly waived; andand ​ ​

Appears in 1 contract

Samples: Term Loan Credit Agreement (Seaboard Corp /De/)

Events of Default Other Than Bankruptcy, Insolvency or Reorganization Proceedings. If an Event of Default specified under Section 9.1 (other than Section 9.1(g) or (h)) Sections 8.1.1 through 8.1.14 shall occur and be continuing, the Lenders and the Administrative Agent shall be under no further obligation to make Term Revolving Credit Loans and the Administrative Agent may, and upon the request of the Requisite Required Lenders, shall shall, by written notice to the Borrower, declare the unpaid principal amount of the Term Revolving Credit Loans then outstanding and all interest accrued thereon, any unpaid fees and all other Indebtedness of the Borrower to the Lenders hereunder and thereunder to be forthwith due and payable, and the same shall thereupon become and be immediately due and payable to the Administrative Agent for the benefit of each Lender without presentment, demand, protest or any other notice of any kind, all of which are hereby expressly waived; and

Appears in 1 contract

Samples: Credit Agreement (CastleRock Security Holdings, Inc.)

Events of Default Other Than Bankruptcy, Insolvency or Reorganization Proceedings. If an Event of Default specified under Section 9.1 (other than Section 9.1(g) or (h)) Sections 9.1.1 through 9.1.10 shall occur and be continuing, the Lenders and the Administrative Agent shall be under no further obligation to make Term Loans and the Administrative Agent may, and upon the request of the Requisite Required Lenders, shall by written notice to the BorrowerBorrowers, declare the unpaid principal amount of the Term Loans then outstanding and all interest accrued thereon, any unpaid fees and all other Indebtedness of the Borrower Borrowers to the Lenders hereunder and thereunder to be forthwith due and payable, and the same shall thereupon become and be immediately due and payable to the Administrative Agent for the benefit of each Lender without presentment, demand, protest or any other notice of any kind, all of which are hereby expressly waived; and

Appears in 1 contract

Samples: Credit Agreement (RPM International Inc/De/)

Events of Default Other Than Bankruptcy, Insolvency or Reorganization Proceedings. If an Event of Default specified under Section 9.1 (other than Section 9.1(g) or (h)) shall occur and be continuing, the Agent, at the written direction of the Required Lenders and the Administrative Agent shall be under no further obligation to make Term Loans and the Administrative Agent may, and upon the request of the Requisite Required Lenders, shall shall, by written notice to the Borrower, take one or more of the following actions: (i) declare the unpaid principal amount of the Term Loans then outstanding and all interest accrued thereon, any unpaid fees and all other Indebtedness Debt of the Borrower to the Lenders hereunder and thereunder to be forthwith due and payable, and the same shall thereupon become and be immediately due and payable to the Administrative Agent for the benefit of each Lender without presentment, demand, protest or any other notice of any kind, all of which are hereby expressly waived; and, or (ii) exercise rights and remedies in respect of the Collateral in accordance with Section 11 of each Security Agreement and/or the comparable provisions of any other Collateral Document.

Appears in 1 contract

Samples: Credit Agreement (Arch Coal Inc)

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