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 9.16 shall occur, the Issuing Bank shall not be required to issue any additional Letters of Credit, and the Agent, with the consent of the Required Banks, upon written notice to the Borrower, may

Appears in 1 contract

Samples: Loan Agreement (Crown Castle International Corp)

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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 9.16 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 Borrower, may:

Appears in 1 contract

Samples: Loan Agreement (Gray Communications Systems Inc /Ga/)

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 9.16 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 BorrowerBorrowers, may

Appears in 1 contract

Samples: Loan Agreement (Crown Castle International Corp)

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 9.16 9.15 shall occur, the Issuing Bank shall not be required to issue any additional Letters of Credit, and the Agent, with the consent of the Required Majority Banks, upon written notice to the BorrowerBorrowers, may

Appears in 1 contract

Samples: Loan Agreement (Crown Castle International Corp)

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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 9.16 9.15 shall occur, the Issuing Bank shall not be required to issue any additional Letters of Credit, and the Agent, with the consent of the Required Banks, upon written notice to the Borrower, may

Appears in 1 contract

Samples: Loan Agreement (Gray Communications Systems Inc /Ga/)

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 9.16 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 Borrower, may

Appears in 1 contract

Samples: Loan Agreement (Entercom Communications Corp)

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