Common use of Optional Defaults Clause in Contracts

Optional Defaults. If any Event of Default referred to in ----------------- Section 9.1 through and including Section 9.4 or Section 9.8 through and including Section 9.14 shall occur, the Issuing Bank shall not be required to issue any additional Letters of Credit, and the Administrative Agent, with the consent of the Required Banks, upon written notice to the Borrowers, may

Optional Defaults. If any Event of Default referred to in ----------------- Section 9.1 through and including Section 9.4 or Section 9.8 through and including Section 9.14 9.16 shall occur, the Issuing Bank shall not be required to issue any additional Letters of Credit, and the Administrative Agent, with the consent of the Required Banks, upon written notice to the BorrowersBorrower, may

Optional Defaults. If any Event of Default referred to in ----------------- Section 9.1 through and including Section 9.4 or Section 9.8 through and including Section 9.14 9.15 shall occur, the Issuing Bank shall not be required to issue any additional Letters of Credit, and the Administrative Agent, with the consent of the Required Majority Banks, upon written notice to the Borrowers, may

Optional Defaults. If any Event of Default referred to in ----------------- Section 9.1 through and including Section 9.4 or Section 9.8 through and including Section 9.14 9.15 shall occur, the Issuing Bank shall not be required to issue any additional Letters of Credit, and the Administrative Agent, with the consent of the Required Banks, upon written notice to the BorrowersBorrower, may:

Optional Defaults. If any Event of Default referred to in ----------------- Section 9.1 through and including Section 9.4 or Section 9.8 through and including Section 9.14 9.15 shall occur, the Issuing Bank shall not be required to issue any additional Letters of Credit, and the Administrative Agent, with the consent of the Required Banks, upon written notice to the BorrowersBorrower, may

Optional Defaults. If any Event of Default referred to in ----------------- Section 9.1 through and including Section 9.4 or Section 9.8 through and including Section 9.14 9.15 shall occur, the Issuing Bank shall not be required to issue any additional Letters of Credit, and the Administrative Agent, with the consent of the Required Banks, upon written notice to the BorrowersBorrower, may