Common use of Optional Defaults Clause in Contracts

Optional Defaults. If any Event of Default referred to in Sections 10.01, 10.02, 10.03, 10.04, 10.05, 10.06, 10.07 (a), (b), (c) or (d) or (h) (solely as such clause (h) relates to Section 10.07(a), (b), (c) or (d)), 10.08, 10.09, 10.10 (other than an Event of Default (as defined in the Guaranty) under Section 10(g) or 10(h) of the Guaranty), 10.11 and/or 10.12 hereof shall occur, the Required Banks shall have the right in their discretion, by directing the Agent, on behalf of the Banks, to give written notice to the Borrower, and to

Optional Defaults. If any Event of Default referred to in Sections 10.01, 10.0210.02(a), 10.02(b), 10.03, 10.04, 10.05, 10.06, 10.07 (aother than Section 10.07 (e), (bf), (c) or (dg) or (h) (solely as such clause (h) it relates to Section 10.07(a), (b), (c) or (d)), ) and/or Section 10.08, 10.09, 10.10 (other than an Event of Default (as defined in the Guaranty) under Section 10(g) or 10(h) of the Guaranty), ) or 10.11 and/or 10.12 hereof shall occur, the Required Banks shall have the right in their discretion, by directing the Agent, on behalf of the Banks, to give written notice to the Borrower, and to

Optional Defaults. If any Event of Default referred to in Sections 10.01, 10.0210.02(a), 10.02(b), 10.03, 10.04, 10.05, 10.06, 10.07 (aother than Section 10.07 (e), (bf), (c) or (dg) or (h) (solely as such clause (h) it relates to Section 10.07(a), (b), (c) or (d)), ) and/or Section 10.08, 10.09, 10.10 (other than an Event of Default (as defined in the Guaranty) under Section 10(g10(f) or 10(h10(g) of the Guaranty), ) or 10.11 and/or 10.12 hereof shall occur, the Required Banks shall have the right in their discretion, by directing the Agent, on behalf of the Banks, to give written notice to the Borrower, and to