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 or Potential Default specified under Section 8.01(a) through Section 8.01(l) shall occur and be continuing, the Banks and the Agent shall be under no further obligation to make Revolving Credit Loans, Term Loans or Bid Loans, as the case may be, and if any such Event of Default shall occur and be continuing, the Agent may, and upon the request of the Required Banks, shall by written notice to the Borrowers, take any of the following actions: (i) terminate the Commitments and thereupon the Commitments shall be terminated and of no further force or effect, or (ii) declare the unpaid principal amount of the Revolving Credit Notes, Term Loans and Bid Notes then outstanding and all interest accrued thereon, any unpaid fees, and all other Indebtedness of the Borrowers to the Banks hereunder and thereunder to be forthwith due and payable, and the same shall thereupon become and be immediately due and payable to the Agent for the benefit of each Bank without presentment, demand, protest or any other notice of any kind, all of which are hereby expressly waived; and

Events of Default Other Than Bankruptcy, Insolvency or Reorganization Proceedings. If an Event of Default or Potential Default specified under Section 8.01(a) Sections 8.1.1 [Payments Under Loan Documents] through Section 8.01(l) 8.1.13 [Change of Control] shall occur and be continuing, the Banks Lenders and the Agent shall be under no further obligation to make Revolving Credit Term Loans, Term Loans or Bid Loans, as the case may be, and if any such Event of Default shall occur and be continuing, the Agent may, and upon the request of the Required BanksLenders shall, shall by written notice to the BorrowersBorrower, take any one or more of the following actions: (i) terminate the Commitments and thereupon the Commitments shall be terminated and of no further force or and effect, or (ii) declare the unpaid principal amount of the Revolving Credit Notes, Term Loans and Bid Notes then outstanding and all interest accrued thereon, any unpaid fees, fees and all other Indebtedness of the Borrowers Borrower to the Banks Lenders hereunder and thereunder to be forthwith due and payable, and the same shall thereupon become and be immediately due and payable to the Agent for the benefit of each Bank Lender without presentment, demand, protest or any other notice of any kind, all of which are hereby expressly waived, and (iii) prohibit loans by the Borrower or any Subsidiary of the Borrower to the Parent, provided, however, that action under this clause (iii) shall be taken only upon the request of the Required Lenders; and

Events of Default Other Than Bankruptcy, Insolvency or Reorganization Proceedings. If an Event of Default or Potential Default specified under Section 8.01(a) Sections 8.1.1 through Section 8.01(l) 8.1.10 shall occur and be continuing, the Banks and the Agent Lender shall be under no further obligation to make Revolving Credit Loans, Term Loans or Bid Loans, as to issue Letters of Credit and the case Lender may be, and if any such Event of Default shall occur and be continuing, the Agent may, and upon the request of the Required Banks, shall (i) by written notice to the BorrowersBorrower, take any of the following actions: (i) terminate the Commitments and thereupon the Commitments shall be terminated and of no further force or effect, or (ii) declare the unpaid principal amount of the Revolving Credit Notes, Term Loans and Bid Notes then outstanding and all interest accrued thereon, any unpaid fees, fees and all other Indebtedness of the Borrowers Borrower to the Banks Lender hereunder and thereunder to be forthwith due and payable, and the same shall thereupon become and be immediately due and payable to the Agent for the benefit of each Bank Lender without presentment, demand, protest or any other notice of any kind, all of which are hereby expressly waived, and (ii) require the Borrower to, and the Borrower shall thereupon, Cash Collateralize all outstanding Letters of Credit, and each Borrower hereby pledges to the Lender, and grants to the Lender a security interest in, all such cash as security for such Obligations; and

Events of Default Other Than Bankruptcy, Insolvency or Reorganization Proceedings. If an Event of Default or Potential Default specified under Section 8.01(a) Sections 8.1.1 [Payments Under Loan Documents] through Section 8.01(l) 8.1.13 [Change of Control] shall occur and be continuing, the Banks Lenders and the Administrative Agent shall be under no further obligation to make Revolving Credit Term Loans, Term Loans or Bid Loans, as and the case may be, and if any such Event of Default shall occur and be continuing, the Administrative Agent may, and upon the request of the Required BanksLenders shall, shall by written notice to the BorrowersBorrower, take any one or both of the following actions: (i) terminate the Commitments and thereupon the Commitments shall be terminated and of no further force or and effect, or (ii) declare the unpaid principal amount of the Revolving Credit Notes, Term Loans and Bid Notes then outstanding and all interest accrued thereon, any unpaid fees, fees and all other Indebtedness of the Borrowers Borrower to the Banks 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 Bank Lender without presentment, demand, protest or any other notice of any kind, all of which are hereby expressly waived, and (iii) prohibit loans by the Borrower to the Parent, provided, however, that action under this clause (iii) shall be taken only upon the request of the Required Lenders; and