Common use of Material Credit Facilities Clause in Contracts

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. 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 20,000,000 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.