Financial Covenant Event of Default. Subject to Section 9.02(c) below, if a Financial Covenant Event of Default has occurred and is continuing as a result of a breach of Section 8.01, the Required Revolving Lenders may either (i) terminate the Revolving Commitments and/or (ii) take the actions specified in Section 9.02(a) in respect of the Revolving Commitments, the Revolving Loans, Letters of Credit and Swing Line Loans. The Required Lenders may take any of the actions specified in Section 9.02(a) in respect of a Financial Covenant Event of Default that has occurred and is continuing only upon the occurrence and during the continuance of a Financial Covenant Cross Default.
Financial Covenant Event of Default. Solely with respect to the Revolving Credit Loans, Swing Line Loans and the Letters of Credit, the Borrower shall fail to observe or perform Section 7.10 (the “Financial Covenant Event of Default”); provided that notwithstanding anything to the contrary in this Agreement or the other Loan Documents, a Financial Covenant Event of Default shall not constitute an Event of Default with respect to any Term Loans except as set forth in clause (o) below; or
Financial Covenant Event of Default provided that a Financial Covenant Event of Default shall not constitute an Event of Default with respect to the Term Lenders unless the Revolving Credit Lenders shall have terminated the Revolving Credit Commitments or declared (which declaration has not been rescinded) all outstanding obligations under the Revolving Credit Commitments to be immediately due and payable in accordance with this Agreement as a result of a Financial Covenant Event of Default;
Financial Covenant Event of Default. Solely with respect to the Revolving Credit Loans, Swing Line Loans and the Letters of Credit, the Borrower shall fail to observe or perform Section 7.10 (the “
Financial Covenant Event of Default provided that notwithstanding anything to the contrary in this Agreement or the other Loan Documents, a Financial Covenant Event of Default shall not constitute an Event of Default with respect to any Term Loans except as set forth in clause (o) below; or
Financial Covenant Event of Default shall not constitute a Default or Event of Default with respect to the Term B Facility unless and until the Required Financial Covenant Lenders shall have accelerated Financial Covenant Indebtedness and terminated the RC Commitment as a result of such Event of Default (such period commencing with a Default under Article 7 (Financial Covenants) and ending on the date on which the Required Financial Covenant Lenders accelerate the Financial Covenant Indebtedness and terminate the RC Commitment, the “Term B Loan Standstill Period”) and such declaration has not been rescinded on or prior to the date on which the Lenders with respect to the Term B Facility, Term B Loans, Refinancing Term B Indebtedness or Incremental Term B Loans, as applicable, declare an Event of Default in connection therewith.
