Material Credit Facilities. With respect to any Material Credit Facility (a) the Company or any Subsidiary of the Company defaults in the payment of any principal of or premium or make-whole amount or interest that is outstanding in an aggregate principal amount of at least $20,000,000 beyond any period of grace with respect thereto, or (b) the Company or any Subsidiary of the Company is in default in the performance of or compliance with any term of any Material Credit Facility in an aggregate outstanding principal amount of at least $20,000,000 or any other condition exists, and as a consequence of such default such Material Credit Facility has become, or has been declared (or one or more Persons are entitled to declare such Material Credit Facility to be), due and payable before its stated maturity or before its regularly scheduled dates of payment, or (c) as a consequence of the occurrence or continuation of any event or condition (other than the passage of time or the right of the holder or lender of any Material Credit Facility to convert such indebtedness into equity interests), (i) the Company or any Subsidiary of the Company has become obligated to purchase or repay such indebtedness before its regular maturity or before its regularly scheduled dates of payment in an aggregate outstanding principal amount of at least $20,000,000, or (ii) one or more Persons have the right to require the Company or any Subsidiary of the Company so to purchase or repay such indebtedness.
Material Credit Facilities. Unless otherwise disclosed in the Disclosure Information, there has been no Material change in the amounts, interest rates, sinking funds, installment payments or maturities of the Material Credit Facilities of the Company or its Subsidiaries and neither the Company nor any Subsidiary is in default and no waiver of default is currently in effect, in the payment of any principal or interest on any Material Credit Facility of the Company or such Subsidiary and no event or condition exists with respect to any Material Credit Facility of the Company or any Subsidiary the outstanding principal amount of which exceeds $25,000,000 that would permit (or that with notice or the lapse of time, or both, would permit) one or more Persons to cause such Material Credit Facility to become due and payable before its stated maturity or before its regularly scheduled dates of payment.
Material Credit Facilities promptly, and in any event within 30 days after the execution thereof, copies of (i) any new Material Credit Facility and (ii) any amendments or other modifications to any existing Material Credit Facility; and
Material Credit Facilities. Such Purchaser or its special counsel shall have received a copy of each Material Credit Facility as in effect on the date of such Closing, which copy shall be certified as true, correct and complete and which certificate shall identify each Additional Covenant then in effect in such Material Credit Facility.
Material Credit Facilities. Unless otherwise disclosed in the Disclosure Information, there has been no Material change in the amounts, interest rates, sinking funds, installment payments or maturities of the Material Credit Facilities of the Company or its Subsidiaries. Neither the Company nor any Subsidiary is in default and no waiver of default is currently in effect, in the payment of any principal or interest on any Material Credit Facility of the Company or such Subsidiary and no event or condition exists with respect to any Material Credit Facility of the Company or any Subsidiary that would permit (or that with notice or the lapse of time, or both, would permit) one or more Persons to cause such Material Credit Facility to become due and payable before its stated maturity or before its regularly scheduled dates of payment.
Material Credit Facilities. Such Purchaser shall have received a copy of each Material Credit Facility as in effect on the date of the Closing, which copy shall be certified as true, correct and complete.
Material Credit Facilities. The Obligors shall have provided to the Purchasers a true, correct and complete copy of the Existing Credit Facility that is in full force and effect as of the Closing, and the Obligors and the noteholders under the Existing NPA shall have executed and delivered an amendment to the Existing NPA, in each case, reflecting covenants and related definitions consistent with the terms of this Agreement. Section 4.13.
Material Credit Facilities. Seller represents that it has no material third-party credit facilities and agrees to give notice to the Administrative Agent of the establishment of any such facility prior to the closing thereof. It is understood and agreed that the representations and warranties provided in this Section 4.1 shall survive (x) the sale and assignment or contribution of the Sale Assets to the Buyer and (y) any subsequent transfer of the Sale Assets by the Buyer (including its grant of a security interest in, to and under the Sale Assets pursuant to the Credit Agreement). Upon discovery by a Responsible Officer of the Seller or the Buyer of a breach of any of the foregoing representations and warranties, the party discovering such breach shall give prompt written notice thereof to the other and to the Trustee and the Administrative Agent.
