Common use of Failure by Holdings Clause in Contracts

Failure by Holdings. the Borrower or a Subsidiary of the Borrower to make any payment to a Lender required by an agreement permitted by this Section 2.11(c) shall not constitute an Event of Default under Section 8.1(a).

Appears in 3 contracts

Samples: Guarantee and Collateral Agreement (Booz Allen Hamilton Holding Corp), Guarantee and Collateral Agreement (Booz Allen Hamilton Holding Corp), Credit Agreement (Booz Allen Hamilton Holding Corp)

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Failure by Holdings. the Borrower or a Subsidiary of the Borrower to make any payment to a Lender required by an agreement permitted by this Section 2.11(c2.5(d) shall not constitute an Event of Default under Section 8.1(a7.1(a).

Appears in 3 contracts

Samples: Guarantee Agreement (Booz Allen Hamilton Holding Corp), Guarantee Agreement (Booz Allen Hamilton Holding Corp), Mezzanine Credit Agreement (Booz Allen Hamilton Holding Corp)

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Failure by Holdings. the Borrower or a Subsidiary of the Borrower to make any payment to a Lender required by an agreement permitted by this Section 2.11(c2.11(b) shall not constitute an Event of Default under Section 8.1(a).; 5. no proceeds of any Revolving Loans may be used directly to purchase Term Loans;

Appears in 1 contract

Samples: Credit Agreement (Engility Holdings, Inc.)

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