Common use of Lenders’ Rights upon Event of Default Clause in Contracts

Lenders’ Rights upon Event of Default. If an Event of Default occurs or is continuing, then the Facility Agent shall at the request, or may with the consent, of the Required Lenders, by notice to PMI and the Borrowers: (a) declare the obligation of each Lender to make further Advances to be terminated, whereupon the same shall forthwith terminate, and (b) declare all the Advances then outstanding, all interest thereon and all other amounts payable under this Agreement to be forthwith due and payable, whereupon the Advances then outstanding, all such interest and all such amounts shall become and be forthwith due and payable, without presentment, demand, protest or further notice of any kind, all of which are hereby expressly waived by the Borrowers; provided, however, that in the event of an actual or deemed entry of an order for relief with respect to any Borrower under the Federal Bankruptcy Code, (i) the obligation of each Lender to make Advances shall automatically be terminated and (ii) the Advances then outstanding, all such interest and all such amounts shall automatically become and be due and payable, without presentment, demand, protest or any notice of any kind, all of which are hereby expressly waived by the Borrowers.

Lenders’ Rights upon Event of Default. If an Event of Default occurs or is continuing, then the Facility Agent JPMCB, as Administrative Agent, shall at the request, or may with the consent, of the Required Lenders, by notice to PMI Altria and the Borrowers: (a) declare the obligation of each Lender to make further Advances to be terminated, whereupon the same shall forthwith terminate, and (b) declare all the Advances then outstanding, all interest thereon and all other amounts payable under this Agreement to be forthwith due and payable, whereupon the Advances then outstanding, all such interest and all such amounts shall become and be forthwith due and payable, without presentment, demand, protest or further notice of any kind, all of which are hereby expressly waived by the Borrowers; provided, however, that in the event of an actual or deemed entry of an order for relief with respect to any Borrower under the Federal Bankruptcy Code, (i) the obligation of each Lender to make Advances shall automatically be terminated and (ii) the Advances then outstanding, all such interest and all such amounts shall automatically become and be due and payable, without presentment, demand, protest or any notice of any kind, all of which are hereby expressly waived by the Borrowers.

Lenders’ Rights upon Event of Default. If an Event of Default occurs or and is continuing, then the Facility Administrative Agent shall at the request, or may with the consent, of the Required Lenders, by notice to PMI and the BorrowersMondelēz: (a) declare the obligation of each Lender to make further Advances to be terminated, whereupon the same shall forthwith terminate, and (b) declare all the Advances then outstanding, all interest thereon and all other amounts payable under this Agreement to be forthwith due and payable, whereupon the Advances then outstanding, all such interest and all such amounts shall become and be forthwith due and payable, without presentment, demand, protest or further notice of any kind, all of which are hereby expressly waived by the Borrowers; provided, however, that in the event of an actual or deemed entry of an order for relief with respect to any Borrower or Mondelēz under the Federal Bankruptcy CodeCode or any equivalent bankruptcy or insolvency laws of any state or foreign jurisdiction, (i) the obligation of each Lender to make Advances shall automatically be terminated and (ii) the Advances then outstanding, all such interest and all such amounts shall automatically become and be due and payable, without presentment, demand, protest or any notice of any kind, all of which are hereby expressly waived by the Borrowers.

Lenders’ Rights upon Event of Default. If an Event of Default occurs or is continuing, then the Facility Agent JPMorgan Chase, as Administrative Agent, shall at the request, or may with the consent, of the Required Lenders, by notice to PMI Altria and the Borrowers: (a) declare the obligation of each Lender to make further Advances to be terminated, whereupon the same shall forthwith terminate, and (b) declare all the Advances then outstanding, all interest thereon and all other amounts payable under this Agreement to be forthwith due and payable, whereupon the Advances then outstanding, all such interest and all such amounts shall become and be forthwith due and payable, without presentment, demand, protest or further notice of any kind, all of which are hereby expressly waived by the Borrowers; provided, however, that in the event of an actual or deemed entry of an order for relief with respect to any Borrower under the Federal Bankruptcy Code, (i) the obligation of each Lender to make Advances shall automatically be terminated and (ii) the Advances then outstanding, all such interest and all such amounts shall automatically become and be due and payable, without presentment, demand, protest or any notice of any kind, all of which are hereby expressly waived by the Borrowers.

Lenders’ Rights upon Event of Default. If an Event of Default occurs or and is continuing, then the Facility Administrative Agent shall at the request, or may with the consent, of the Required Lenders, by notice to PMI and the BorrowersMondelēz International: (a) declare the obligation of each Lender to make further Advances to be terminated, whereupon the same shall forthwith terminate, and (b) declare all the Advances then outstanding, all interest thereon and all other amounts payable under this Agreement and the Notes to be forthwith due and payable, whereupon the Advances then outstanding, all such interest and all such amounts shall become and be forthwith due and payable, without presentment, demand, protest or further notice of any kind, all of which are hereby expressly waived by the Borrowers; provided, however, that in the event case of an actual or deemed entry Event of an order for relief Default under Section 6.01(e) with respect to any Borrower under the Federal Bankruptcy CodeBorrower, (i) the obligation of each Lender to make Advances shall automatically be terminated and (ii) the Advances then outstanding, all such interest and all such amounts shall automatically become and be due and payable, without presentment, demand, protest or any notice of any kind, all of which are hereby expressly waived by the Borrowers.

Lenders’ Rights upon Event of Default. If an Event of Default occurs or is continuing, then the Facility Agent JPMorgan Chase, as Administrative Agent, shall at the request, or may with the consent, of the Required Lenders, by notice to PMI Kraft and the Borrowers: (a) declare the obligation of each Lender to make further Advances to be terminated, whereupon the same shall forthwith terminate, and (b) declare all the Advances then outstanding, all interest thereon and all other amounts payable under this Agreement to be forthwith due and payable, whereupon the Advances then outstanding, all such interest and all such amounts shall become and be forthwith due and payable, without presentment, demand, protest or further notice of any kind, all of which are hereby expressly waived by the Borrowers; provided, however, that in the event of an actual or deemed entry of an order for relief with respect to any Borrower under the Federal Bankruptcy Code, (i) the obligation of each Lender to make Advances shall automatically be terminated and (ii) the Advances then outstanding, all such interest and all such amounts shall automatically become and be due and payable, without presentment, demand, protest or any notice of any kind, all of which are hereby expressly waived by the Borrowers.

Lenders’ Rights upon Event of Default. If an Event of Default occurs or and is continuing, then the Facility Administrative Agent shall at the request, or may with the consent, of the Required Lenders, by notice to PMI and the BorrowersMondelēz International: (a) declare the obligation of each Lender to make further Advances to be terminated, whereupon the same shall forthwith terminate, and (b) declare all the Advances then outstanding, all interest thereon and all other amounts payable under this Agreement to be forthwith due and payable, whereupon the Advances then outstanding, all such interest and all such amounts shall become and be forthwith due and payable, without presentment, demand, protest or further notice of any kind, all of which are hereby expressly waived by the Borrowers; provided, however, that in the event of an actual or deemed entry of an order for relief with respect to Mondelēz International or any other Borrower under the Federal Bankruptcy CodeCode or any equivalent bankruptcy or insolvency laws of any state or foreign jurisdiction, (i) the obligation of each Lender to make Advances shall automatically be terminated and (ii) the Advances then outstanding, all such interest and all such amounts shall automatically become and be due and payable, without presentment, demand, protest or any notice of any kind, all of which are hereby expressly waived by the Borrowers.

Lenders’ Rights upon Event of Default. If an Event of Default occurs or is continuing, then the Facility Administrative Agent shall at the request, or may with the consent, of the Required Lenders, by notice to PMI and the Borrowers: (a) declare the obligation of each Lender to make further Advances to be terminated, whereupon the same shall forthwith terminate, and (b) declare all the Advances then outstanding, all interest thereon and all other amounts payable under this Agreement to be forthwith due and payable, whereupon the Advances then outstanding, all such interest and all such amounts shall become and be forthwith due and payable, without presentment, demand, protest or further notice of any kind, all of which are hereby expressly waived by the Borrowers; provided, however, that in the event of an actual or deemed entry of an order for relief with respect to any Borrower under the Federal Bankruptcy Code, (i) the obligation of each Lender to make Advances shall automatically be terminated and (ii) the Advances then outstanding, all such interest and all such amounts shall automatically become and be due and payable, without presentment, demand, protest or any notice of any kind, all of which are hereby expressly waived by the Borrowers.

Lenders’ Rights upon Event of Default. If an Event of Default occurs or and is continuing, then the Facility Administrative Agent shall at the request, or may with the consent, of the Required Lenders, by notice to PMI and the BorrowersBorrower: (a) declare the obligation of each Lender to make further Advances Loans to be terminated, whereupon the same shall forthwith terminate, and (b) declare all the Advances Loans then outstanding, all interest thereon and all other amounts payable under this Agreement and the Notes to be forthwith due and payable, whereupon the Advances Loans then outstanding, all such interest and all such amounts shall become and be forthwith due and payable, without presentment, demand, protest or further notice of any kind, all of which are hereby expressly waived by the BorrowersBorrower; provided, however, that in the event case of an actual or deemed entry Event of an order for relief Default under Section 6.01(e) with respect to any Borrower under the Federal Bankruptcy CodeBorrower, (i) the obligation of each Lender to make Advances Loans shall automatically be terminated and (ii) the Advances Loans then outstanding, all such interest and all such amounts shall automatically become and be due and payable, without presentment, demand, protest or any notice of any kind, all of which are hereby expressly waived by the BorrowersBorrower.

Lenders’ Rights upon Event of Default. If an Event of Default occurs or is continuing, then the Facility Agent Chase, as Administrative Agent, shall at the request, or may with the consent, of the Required Lenders, by notice to PMI PM Companies and the Borrowers: (a) declare the obligation of each Lender to make further Advances to be terminated, whereupon the same shall forthwith terminate, and (b) declare all the Advances then outstanding, all interest thereon and all other amounts payable under this Agreement to be forthwith due and payable, whereupon the Advances then outstanding, all such interest and all such amounts shall become and be forthwith due and payable, without presentment, demand, protest or further notice of any kind, all of which are hereby expressly waived by the Borrowers; provided, however, that in the event of an actual or deemed entry of an order for relief with respect to any Borrower under the Federal Bankruptcy Code, (i) the obligation of each Lender to make Advances shall automatically be terminated and (ii) the Advances then outstanding, all such interest and all such amounts shall automatically become and be due and payable, without presentment, demand, protest or any notice of any kind, all of which are hereby expressly waived by the Borrowers.

Lenders’ Rights upon Event of Default. If an Event of Default occurs or is continuing, then the Facility Agent Administrative Agent, shall at the request, or may with the consent, of the Required Lenders, by notice to PMI and the Borrowers: (a) declare the obligation of each Lender to make further Advances to be terminated, whereupon the same shall forthwith terminate, and (b) Kraft declare all the Advances then outstanding, all interest thereon and all other amounts payable under this Agreement to be forthwith due and payable, whereupon the Advances then outstanding, all such interest and all such amounts shall become and be forthwith due and payable, without presentment, demand, protest or further notice of any kind, all of which are hereby expressly waived by the Borrowers; provided, however, that in the event of an actual or deemed entry of an order for relief with respect to any Borrower under the Federal Bankruptcy Code, (i) the obligation of each Lender to make Advances shall automatically be terminated and (ii) the Advances then outstanding, all such interest and all such amounts shall automatically become and be due and payable, without presentment, demand, protest or any notice of any kind, all of which are hereby expressly waived by each of the Borrowers.

Lenders’ Rights upon Event of Default. If an Event of Default occurs or is continuing, then the Facility Agent Xxxxxxx Xxxxx, as Administrative Agent, shall at the request, or may with the consent, of the Required Lenders, by notice to PMI and the BorrowersAltria: (a) declare the obligation of each Lender to make further Advances to be terminated, whereupon the same shall forthwith terminate, and (b) declare all the Advances then outstanding, all interest thereon and all other amounts payable under this Agreement to be forthwith due and payable, whereupon the Advances then outstanding, all such interest and all such amounts shall become and be forthwith due and payable, without presentment, demand, protest or further notice of any kind, all of which are hereby expressly waived by the BorrowersAltria; provided, however, that in the event of an actual or deemed entry of an order for relief with respect to any Borrower Altria under the Federal Bankruptcy Code, (i) the obligation of each Lender to make Advances shall automatically be terminated and (ii) the Advances then outstanding, all such interest and all such amounts shall automatically become and be due and payable, without presentment, demand, protest or any notice of any kind, all of which are hereby expressly waived by the BorrowersAltria.

Lenders’ Rights upon Event of Default. If an Event of Default occurs or is continuing, then the Facility Agent JPMorgan Chase, as Administrative Agent, shall at the request, or may with the consent, of the Required Lenders, by notice to PMI Kraft and the Borrowers: (a) declare the obligation of each Lender to make further Advances to be terminated, whereupon the same shall forthwith terminate, and (b) declare all the Advances then outstanding, all interest thereon and all other amounts payable under this Agreement to be forthwith due and payable, whereupon the Advances then outstanding, all such interest and all such amounts shall become and be forthwith due and payable, without presentment, demand, protest or further notice of any kind, all of which are hereby expressly waived by the Borrowers; providedPROVIDED, howeverHOWEVER, that in the event of an actual or deemed entry of an order for relief with respect to any Borrower under the Federal Bankruptcy Code, (i) the obligation of each Lender to make Advances shall automatically be terminated and (ii) the Advances then outstanding, all such interest and all such amounts shall automatically become and be due and payable, without presentment, demand, protest or any notice of any kind, all of which are hereby expressly waived by the Borrowers.

Lenders’ Rights upon Event of Default. If an Event of Default occurs or and is continuing, then the Facility Administrative Agent shall at the request, or may with the consent, of the Required Lenders, by notice to PMI and the BorrowersMondelez International: (a) declare the obligation of each Lender to make further Advances to be terminated, whereupon the same shall forthwith terminate, and (b) declare all the Advances then outstanding, all interest thereon and all other amounts payable under this Agreement and the other Loan Documents to be forthwith due and payable, whereupon the Advances then outstanding, all such interest and all such amounts shall become and be forthwith due and payable, without presentment, demand, protest or further notice of any kind, all of which are hereby expressly waived by the Borrowers; provided, however, that in the event case of an actual or deemed entry Event of an order for relief Default under Section 6.01(e) with respect to any Borrower under the Federal Bankruptcy CodeBorrower, (i) the obligation of each Lender to make Advances shall automatically be terminated and (ii) the Advances then outstanding, all such interest and all such other amounts shall automatically become and be due and payable, without presentment, demand, protest or any notice of any kind, all of which are hereby expressly waived by the Borrowers.

Lenders’ Rights upon Event of Default. If an Event of Default occurs or and is continuing, then the Facility Administrative Agent shall at the request, or may with the consent, of the Required Lenders, by notice to PMI and the BorrowersKraft Foods Group: (a) declare the obligation of each Lender to make further Advances to be terminated, whereupon the same shall forthwith terminate, and, (b) declare all the Advances then outstanding, all interest thereon and all other amounts payable under this Agreement to be forthwith due and payable, whereupon the Advances then outstanding, all such interest and all such amounts shall become and be forthwith due and payable, without presentment, demand, protest or further notice of any kind, all of which are hereby expressly waived by the Borrowers; provided, however, that in the event of an actual or deemed entry of an order for relief with respect to any Borrower under the Federal Bankruptcy CodeCode or any equivalent bankruptcy or insolvency laws of any state or foreign jurisdiction, (i) the obligation of each Lender to make Advances shall automatically be terminated and (ii) the Advances then outstanding, all such interest and all such amounts shall automatically become and be due and payable, without presentment, demand, protest or any notice of any kind, all of which are hereby expressly waived by the Borrowers., and

Lenders’ Rights upon Event of Default. If an Event of Default occurs or is continuing, then the Facility Agent JPMCB, as Administrative Agent, shall at the request, or may with the consent, of the Required Lenders, by notice to PMI and the BorrowersAltria: (a) declare the obligation of each Lender to make further Advances to be terminated, whereupon the same shall forthwith terminate, and (b) declare all the Advances then outstanding, all interest thereon and all other amounts payable under this Agreement to be forthwith due and payable, whereupon the Advances then outstanding, all such interest and all such amounts shall become and be forthwith due and payable, without presentment, demand, protest or further notice of any kind, all of which are hereby expressly waived by the BorrowersAltria; provided, however, that in the event of an actual or deemed entry of an order for relief with respect to any Borrower Altria under the Federal Bankruptcy Code, (i) the obligation of each Lender to make Advances shall automatically be terminated and (ii) the Advances then outstanding, all such interest and all such amounts shall automatically become and be due and payable, without presentment, demand, protest or any notice of any kind, all of which are hereby expressly waived by the BorrowersAltria.

Lenders’ Rights upon Event of Default. If an Event of Default occurs or is continuing, then the Facility Agent JPMCB, as Administrative Agent, shall at the request, or may with the consent, of the Required Lenders, by notice to PMI Altria and the Borrowers: : (a) declare a)declare the obligation of each Lender to make further Advances to be terminated, whereupon the same shall forthwith terminate, and and (b) declare b)declare all the Advances then outstanding, all interest thereon and all other amounts payable under this Agreement to be forthwith due and payable, whereupon the Advances then outstanding, all such interest and all such amounts shall become and be forthwith due and payable, without presentment, demand, protest or further notice of any kind, all of which are hereby expressly waived by the Borrowers; provided, however, that in the event of an actual or deemed entry of an order for relief with respect to any Borrower under the Federal Bankruptcy Code, (i) the obligation of each Lender to make Advances shall automatically be terminated and (ii) the Advances then outstanding, all such interest and all such amounts shall automatically become and be due and payable, without presentment, demand, protest or any notice of any kind, all of which are hereby expressly waived by the Borrowers.

Lenders’ Rights upon Event of Default. If an Event of Default occurs or and is continuing, then the Facility Administrative Agent shall at the request, or may with the consent, of the Required Lenders, by notice to PMI Kraft and the Borrowers: (a) declare the obligation of each Lender to make further Advances to be terminated, whereupon the same shall forthwith terminate, and (b) declare all the Advances then outstanding, all interest thereon and all other amounts payable under this Agreement to be forthwith due and payable, whereupon the Advances then outstanding, all such interest and all such amounts shall become and be forthwith due and payable, without presentment, demand, protest or further notice of any kind, all of which are hereby expressly waived by the Borrowers; provided, however, that in the event of an actual or deemed entry of an order for relief with respect to any Borrower or Kraft under the Federal Bankruptcy CodeCode or any equivalent bankruptcy or insolvency laws of any state or foreign jurisdiction, (i) the obligation of each Lender to make Advances shall automatically be terminated and (ii) the Advances then outstanding, all such interest and all such amounts shall automatically become and be due and payable, without presentment, demand, protest or any notice of any kind, all of which are hereby expressly waived by the Borrowers.

Lenders’ Rights upon Event of Default. If an Event of Default occurs or is continuing, then the Facility Administrative Agent shall at the request, or may with the consent, of the Required Lenders, by notice to PMI and the BorrowersAltria: (a) declare the obligation of each Lender to make further Advances to be terminated, whereupon the same shall forthwith terminate, and (b) declare all the Advances then outstanding, all interest thereon and all other amounts payable under this Agreement to be forthwith due and payable, whereupon the Advances then outstanding, all such interest and all such amounts shall become and be forthwith due and payable, without presentment, demand, protest or further notice of any kind, all of which are hereby expressly waived by the BorrowersAltria; provided, however, that in the event of an actual or deemed entry of an order for relief with respect to any Borrower Altria under the Federal Bankruptcy Code, (i) the obligation of each Lender to make Advances shall automatically be terminated and (ii) the Advances then outstanding, all such interest and all such amounts shall automatically become and be due and payable, without presentment, demand, protest or any notice of any kind, all of which are hereby expressly waived by the BorrowersAltria.

Lenders’ Rights upon Event of Default. If an Event of Default occurs or and is continuing, then the Facility Administrative Agent shall at the request, or may with the consent, of the Required Lenders, by notice to PMI and the BorrowersObligors: (a) declare to the obligation of each Lender to make further Advances to be terminatedextent outstanding, terminate the Commitments, whereupon the same shall forthwith terminate, and (b) declare all the Advances Loans then outstanding, all interest thereon and all other amounts payable under this Agreement to be forthwith due and payable, whereupon the Advances Loans then outstanding, all such interest and all such amounts shall become and be forthwith due and payable, without presentment, demand, protest or further notice of any kind, all of which are hereby expressly waived by the BorrowersBorrower; provided, however, that in the event of an actual or deemed entry of an order for relief with respect to any the Borrower or Mondelēz under the Federal Bankruptcy CodeCode or any equivalent bankruptcy or insolvency laws of any state or foreign jurisdiction, (i) to the obligation of each Lender to make Advances extent outstanding, the Commitments shall automatically be terminated and (ii) the Advances Loans then outstanding, all such interest and all such amounts shall automatically become and be due and payable, without presentment, demand, protest or any notice of any kind, all of which are hereby expressly waived by the BorrowersBorrower.

Lenders’ Rights upon Event of Default. If an Event of Default occurs or and is continuing, then the Facility Administrative Agent shall at the request, or may with the consent, of the Required Lenders, by notice to PMI and the BorrowersParent Borrower: (a) declare the obligation of each Lender to make further Advances to be terminated, whereupon the same shall forthwith terminate, and, (b) declare all the Advances then outstanding, all interest thereon and all other amounts payable under this Agreement to be forthwith due and payable, whereupon the Advances then outstanding, all such interest and all such amounts shall become and be forthwith due and payable, without presentment, demand, protest or further notice of any kind, all of which are hereby expressly waived by the Borrowers; provided, however, that in the event of an actual or deemed entry of an order for relief with respect to Xxxxx Xxxxx or any Borrower under the Federal Bankruptcy CodeCode or any equivalent bankruptcy or insolvency laws of any state or foreign jurisdiction, (i) the obligation of each Lender to make Advances shall automatically be terminated and (ii) the Advances then outstanding, all such interest and all such amounts shall automatically become and be due and payable, without presentment, demand, protest or any notice of any kind, all of which are hereby expressly waived by Xxxxx Xxxxx and the Borrowers., and (c) exercise their rights and remedies under Section 2.21(h)(i),

Lenders’ Rights upon Event of Default. If an Event of Default occurs or is continuing, then the Facility Administrative Agent shall at the request, or may with the consent, of the Required Lenders, by notice to PMI and the BorrowersBorrower: (a) declare the obligation of each Lender to make further Advances to be terminated, whereupon the same shall forthwith terminate, and (b) declare all the Advances then outstanding, all interest thereon and all other amounts payable under this Agreement to be forthwith due and payable, whereupon the Advances then outstanding, all such interest and all such amounts shall become and be forthwith due and payable, without presentment, demand, protest or further notice of any kind, all of which are hereby expressly waived by the BorrowersBorrower; provided, however, that in the event of an actual or deemed entry of an order for relief with respect to any the Borrower under the Federal Bankruptcy Code, (i) the obligation of each Lender to make Advances shall automatically be terminated and (ii) the Advances then outstanding, all such interest and all such amounts shall automatically become and be due and payable, without presentment, demand, protest or any notice of any kind, all of which are hereby expressly waived by the BorrowersBorrower.

Lenders’ Rights upon Event of Default. If an Event of Default occurs or is continuing, then the Facility Agent Chase, as Administrative Agent, shall at the request, or may with the consent, of the Required Lenders, by notice to PMI Kraft and the Borrowers: (a) declare the obligation of each Lender to make further Advances to be terminated, whereupon the same shall forthwith terminate, and (b) declare all the Advances then outstanding, all interest thereon and all other amounts payable under this Agreement to be forthwith due and payable, whereupon the Advances then outstanding, all such interest and all such amounts shall become and be forthwith due and payable, without presentment, demand, protest or further notice of any kind, all of which are hereby expressly waived by the Borrowers; provided, however, that in the event of an actual or deemed entry of an order for relief with respect to any Borrower under the Federal Bankruptcy Code, (i) the obligation of each Lender to make Advances shall automatically be terminated and (ii) the Advances then outstanding, all such interest and all such amounts shall automatically become and be due and payable, without presentment, demand, protest or any notice of any kind, all of which are hereby expressly waived by the Borrowers.

Lenders’ Rights upon Event of Default. If an Event of Default occurs or and is continuing, then the Facility Administrative Agent shall at the request, or may with the consent, of the Required Lenders, by notice to PMI and the BorrowersObligors: (a) declare to the obligation of each Lender to make further Advances to be terminatedextent outstanding, terminate the Commitments, whereupon the same shall forthwith terminate, and (b) declare all the Advances Loans then outstanding, all interest thereon and all other amounts payable under this Agreement to be forthwith due and payable, whereupon the Advances Loans then outstanding, all such interest and all such amounts shall become and be forthwith due and payable, without presentment, demand, protest or further notice of any kind, all of which are hereby expressly waived by the BorrowersBorrower; provided, however, that in the event of an actual or deemed entry of an order for relief with respect to any the Borrower or Mondelēz International under the Federal Bankruptcy CodeCode or any equivalent bankruptcy or insolvency laws of any state or foreign jurisdiction, (i) to the obligation of each Lender to make Advances extent outstanding, the Commitments shall automatically be terminated and (ii) the Advances Loans then outstanding, all such interest and all such amounts shall automatically become and be due and payable, without presentment, demand, protest or any notice of any kind, all of which are hereby expressly waived by the BorrowersBorrower.

Lenders’ Rights upon Event of Default. If an Event of Default occurs or and is continuing, then the Facility Administrative Agent shall at the request, or may with the consent, of the Required Lenders, by notice to PMI and the BorrowersParent Borrower: (a) declare the obligation of each Lender to make further Advances to be terminated, whereupon the same shall forthwith terminate, and, (b) declare all the Advances then outstanding, all interest thereon and all other amounts payable under this Agreement to be forthwith due and payable, whereupon the Advances then outstanding, all such interest and all such amounts shall become and be forthwith due and payable, without presentment, demand, protest or further notice of any kind, all of which are hereby expressly waived by the Borrowers; provided, however, that in the event of an actual or deemed entry of an order for relief with respect to Xxxxx Xxxxx or any Borrower under the Federal Bankruptcy CodeCode or any equivalent bankruptcy or insolvency laws of any state or foreign jurisdiction, (i) the obligation of each Lender to make Advances shall automatically be terminated and (ii) the Advances then outstanding, all such interest and all such amounts shall automatically become and be due and payable, without presentment, demand, protest or any notice of any kind, all of which are hereby expressly waived by Xxxxx Xxxxx and the Borrowers., and

Lenders’ Rights upon Event of Default. If an Event of Default occurs or is continuing, then the Facility Agent JPMorgan Chase, as Administrative Agent, shall at the request, or may with the consent, of the Required Lenders, by notice to PMI Kraft and the Borrowers: (a) declare the obligation of each Lender to make further Advances to be terminated, whereupon the same shall forthwith terminate, and (b) declare all the Advances then outstanding, all interest thereon and all other amounts payable under this Agreement to be forthwith due and payable, whereupon the Advances then outstanding, all such interest and all such amounts shall become and be forthwith due and payable, without presentment, demand, protest or further notice of any kind, all of which are hereby expressly waived by the Borrowers; provided, however, that in the event of an actual or deemed entry of an order for relief with respect to any Borrower under the Federal Bankruptcy Code, (i) the obligation of each Lender to make Advances shall automatically be terminated and (ii) the Advances then outstanding, all such interest and all such amounts shall automatically become and be due and payable, without presentment, demand, protest or any notice of any kind, all of which are hereby expressly waived by the Borrowers.all