Other Event of Default. If any Event of Default (other than a Revolver/Term A Event of Default) occurs and is continuing, the Administrative Agent shall, at the request of, or may, with the consent of, the Required Lenders, take any or all of the following actions:
(i) declare the commitment of each Lender to make Loans and any obligation of the L/C Issuer to make L/C Credit Extensions to be terminated, whereupon such commitments and obligation shall be terminated;
(ii) declare the unpaid principal amount of all outstanding Loans, all interest accrued and unpaid thereon, and all other amounts owing or payable hereunder or under any other Loan Document to be immediately due and payable, without presentment, demand, protest or other notice of any kind, all of which are hereby expressly waived by the Company;
(iii) require that the Company Cash Collateralize the L/C Obligations (in an amount equal to the then Outstanding Amount thereof); and
(iv) exercise on behalf of itself, the Lenders and the L/C Issuer all rights and remedies available to it and such Lenders under the Loan Documents; provided, however, that upon the occurrence of an actual or deemed entry of an order for relief with respect to the Company under the Bankruptcy Code of the United States, the obligation of each Lender to make Loans and any obligation of the L/C Issuer to make L/C Credit Extensions shall automatically terminate, the unpaid principal amount of all outstanding Loans and all interest and other amounts as aforesaid shall automatically become due and payable, and the obligation of the Company to Cash Collateralize the L/C Obligations as aforesaid shall automatically become effective, in each case without further act of the Administrative Agent or any Lender.
Other Event of Default. There shall have occurred and be continuing an Event of Default under any other Operative Agreements, and the period of time for forebearance with respect thereto set forth therein shall have expired; or
Other Event of Default. The occurrence of an Event of Default under any other Loan Document, the Environmental Indemnity Agreement or any Collateral Assignment of Interest Rate Cap Agreement (as “Event of Default” is defined therein).
Other Event of Default. Any default occurs after the effective date of this Agreement under the Credit Agreement dated April 28, 1995, and such default is not cured or waived.
3. On the date of any such Event of Default as defined in Paragraph 2 above, RBL, NHL, Allied, and LabCorp agree that: a. LabCorp shall provide the United States with written notice of such Event of Default within two (2) business days of such event (unless the Event of Default has been cured); or b. The United States may, effective upon ten business days notice to LabCorp (unless the Event of Default has been cured or, in the case of an Event of Default pursuant to Paragraph 2.e, waived), in its sole discretion declare that an Event of Default has occurred;
Other Event of Default. Any event designated as an “Event of Default” under this Agreement or the other Loan Documents shall occur or exist. If more than one of the foregoing paragraphs shall describe the same condition or event, then Lender shall have the right to select which paragraph or paragraphs shall apply. In any such case, Lender shall have the right (but not the obligation) to designate the paragraph or paragraphs which provide for non-written notice (or for no notice) or for a shorter time to cure (or for no time to cure).
Other Event of Default. The occurrence of an event which would constitute an Event of Default (as defined in the Prior Credit Agreement) under the Prior Credit Agreement.
Other Event of Default. (i) An Event of Default, as defined elsewhere herein, or in any of the other Loan Documents, or in the Acquisition Loan Agreement, as amended, or in the agreements with respect to the F,F&E Loan, occurs, or (ii) an act or event occurs under any of the Loan Documents, whether or not denominated as all Event of Default, which expressly entities Lender to accelerate any of the Obligations and/or exercise its other remedies upon the occurrence of an Event of Default;
Other Event of Default. If any event or circumstance exists or has occurred (other than the event or circumstances described in Section 9.1) which is a violation, default or breach of any of the terms, provisions or conditions of this Agreement or any of the Loan Documents, and such violation, default or breach is not fully cured by Borrower or other Loan Party: (i) within the specified notice or cure period, if any, provided for in this Agreement or such Loan Document or (ii) if this Agreement or such Loan Document does not provide for a grace, notice or cure period, within twenty (20) days after written notice from Administrative Agent in the case of any violation, default or breach which can be cured by the payment of a sum of money, or (iii) within thirty (30) days after written notice from Administrative Agent in the case of any other violation, default or breach, then the same shall be an Event of Default hereunder; provided, however, in the case of a violation, default or breach referred to in clause (iii) which is capable of cure but cannot reasonably be cured within such thirty (30) day period, and provided Borrower or other Loan Party shall have commenced to cure such violation, default or breach within such thirty (30) day period and thereafter diligently and expeditiously proceeds to cure the same, such thirty (30) day period shall be extended for so long as it shall require Borrower or such other Loan Party in the exercise of due diligence to cure such violation, default or breach, but in no event shall such cure period extend beyond ninety (90) days following notice from Administrative Agent of such violation, default or breach. Notwithstanding anything to the contrary Section 9.1 or the preceding provisions of this Section 9.2, if any event or circumstance would result in a default or event of default under the Senior Loan Documents and the Senior Loan Documents provide a xxxxxxx xxxxx, notice or opportunity to cure, if any, than Section 9.1 or the preceding provisions of this Section 9.2, then the grace, notice or cure period set forth in the Senior Loan Documents shall be substituted for the grace, notice or cure period set forth in Section 9.1 or the preceding provisions of this Section 9.2.
Other Event of Default by written notice to the Borrower the Lender may (i) declare all Indebtedness to be immediately due and payable without presentment, demand, protest, notice of protest or dishonor, notice of intention to accelerate or other notice of default of any kind, all of which are hereby expressly waived by the Borrower, and/or (ii) terminate the obligations, if any, of the Lender hereunder unless and until the Lender shall reinstate same in writing and /or (iii) exercise its right under Section 4.19 hereof to vote the Collateral Shares. Notwithstanding anything in this Agreement to the contrary, however, the facts and circumstances existing as of the date hereof with respect to Borrower's default under its royalty agreement with Expedition Trading Co., L. C. shall constitute a Potential Default, but shall not constitute an Event of Default, for a period of six (6) months following the Closing (unless extended by the Lender in its sole discretion), after which time the special grace period set forth in this sentence shall be of no further force or effect.
Other Event of Default. The occurrence of an Event of Default under the Loan Agreement.
