Payment Blockage Periods. (a) The Administrative Agent may, while any Event of Default is continuing, give to each Subordinated Creditor a written notice ("Payment Blockage Notice") of such Event of Default and the imposition of a Payment Blockage Period pursuant to this Section 2.4.
Appears in 4 contracts
Samples: Senior Term Loan Credit Agreement (United States Cellular Corp), Credit Agreement (United States Cellular Corp), Credit Agreement (United States Cellular Corp)
Payment Blockage Periods. (a) The Administrative Agent may, while any Event of Default is continuing, give to each Subordinated Creditor a written notice ("“Payment Blockage Notice"”) of such Event of Default and the imposition of a Payment Blockage Period pursuant to this Section 2.4.
Appears in 2 contracts
Samples: Credit Agreement (United States Cellular Corp), Credit Agreement (United States Cellular Corp)
Payment Blockage Periods. (a) 21. The Administrative Agent may, while any Event of Default is continuing, give to each Subordinated Creditor a written notice ("“Payment Blockage Notice"”) of such Event of Default and the imposition of a Payment Blockage Period pursuant to this Section 2.4.
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