LIMITATION ON EXERCISE OF POWER. Notwithstanding anything hereinabove to the contrary, the powers set forth in subparagraphs (b), (d) and (e) above may only be exercised by the Agent on and after the occurrence of an Event of Default which has not otherwise been waived by the Agent. The powers set forth in subparagraphs (a), (c) and (f) above may be exercised by the Agent at any time.
Appears in 18 contracts
Samples: Credit Agreement (Chiquita Brands International Inc), Credit Agreement (Coleman Cable, Inc.), Credit Agreement (Chiquita Brands International Inc)
LIMITATION ON EXERCISE OF POWER. Notwithstanding anything hereinabove to the contrary, the powers set forth in subparagraphs (b), (d) and (e) above may only be exercised by the Agent on and after the occurrence of an Event of Default which continues beyond the expiration of the applicable grace or cure period, and which has not otherwise been waived by the Agent. The powers set forth in subparagraphs (a), (c) and (f) above may be exercised by the Agent at any time.
Appears in 2 contracts
Samples: Credit Agreement (Fresh Foods Inc), Credit Agreement (Fieldcrest Cannon Inc)
LIMITATION ON EXERCISE OF POWER. Notwithstanding anything hereinabove ------------------------------- to the contrary, the powers set forth in subparagraphs (b), (d), (e) and (ef) above may only be exercised by the Agent on and after the occurrence of an Event of Default which has not otherwise been waived by the Agent. The powers set forth in subparagraphs (a), (c) and (fc) above may be exercised by the Agent at any time.
Appears in 1 contract
Samples: Credit Agreement (Converse Inc)
