Prohibited Payments, Etc. Except during the continuance of a Default (including the commencement and continuation of any proceeding under any Bankruptcy Law relating to any other Loan Party), each Guarantor may receive payments from any other Loan Party on account of the Subordinated Obligations. After the occurrence and during the continuance of any Default (including the commencement and continuation of any proceeding under any Bankruptcy Law relating to any other Loan Party), however, unless the Agent otherwise agrees, no Guarantor shall demand, accept or take any action to collect any payment on account of the Subordinated Obligations.
Appears in 4 contracts
Samples: Credit Agreement (Packaging Corp of America), Credit Agreement (Packaging Corp of America), Five Year Credit Agreement (Packaging Corp of America)
Prohibited Payments, Etc. Except during the continuance of a an Event of Default (including the commencement and continuation of any proceeding under any Bankruptcy Law relating to any other Loan Party), each Guarantor may receive regularly scheduled payments from any other Loan Party on account of the Subordinated Obligations. After the occurrence and during the continuance of any Event of Default (including the commencement and continuation of any proceeding under any Bankruptcy Law relating to any other Loan Party), however, unless the Administrative Agent otherwise agrees, no Guarantor shall demand, accept or take any action to collect any payment on account of the Subordinated Obligations.
Appears in 4 contracts
Samples: Credit Agreement (Grana & Montero S.A.A.), Subsidiary Guaranty (Aegis Communications Group Inc), Intellectual Property Security Agreement (TLC Vision Corp)
Prohibited Payments, Etc. Except during the continuance of a an Event of Default (including the commencement and continuation of any proceeding under any Bankruptcy Law relating to any other Loan Party), each Guarantor may receive regularly scheduled payments from any other Loan Party on account of the Subordinated Obligations. After the occurrence and during the continuance of any Event of Default (including the commencement and continuation of any proceeding under any Bankruptcy Law relating to any other Loan Party), however, unless the Agent Required Lenders otherwise agreesagree, no Guarantor shall demand, accept or take any action to collect any payment on account of the Subordinated Obligations.
Appears in 4 contracts
Samples: Credit Agreement (Triple Crown Media, Inc.), Credit Agreement (Triple Crown Media, Inc.), Open Solutions Inc
Prohibited Payments, Etc. Except during the continuance of a an Event of Default (including the commencement and continuation of any proceeding under any Bankruptcy Law relating to any other Loan Note Party), each Guarantor may receive regularly scheduled payments from any other Loan Note Party on account of the Subordinated Obligations. After the occurrence and during the continuance of any Event of Default (including the commencement and continuation of any proceeding under any Bankruptcy Law relating to any other Loan Note Party), however, unless the Agent Required Holders otherwise agreesagree, no Guarantor shall demand, accept or take any action to collect any payment on account of the Subordinated Obligations.
Appears in 3 contracts
Samples: Note Purchase Agreement (Alliance Holdings GP, L.P.), Note Purchase Agreement (Alliance Resource Partners Lp), Note Agreement (Triple Crown Media, Inc.)
Prohibited Payments, Etc. Except during the continuance of a Default (including the commencement and continuation of any proceeding under any Bankruptcy Law Debtor Relief Laws relating to any other Loan Party), each Guarantor may receive regularly scheduled payments from any other Loan Party on account of the Subordinated Obligations. After the occurrence and during the continuance of any Default (including the commencement and continuation of any proceeding under any Bankruptcy Law Debtor Relief Laws relating to any other Loan Party), however, unless the Agent Required Lenders otherwise agreesagree, no Guarantor shall demand, accept or take any action to collect any payment on account of the Subordinated Obligations.
Appears in 3 contracts
Samples: Credit Agreement (ESAB Corp), Credit Agreement (ESAB Corp), Credit Agreement (Colfax CORP)
Prohibited Payments, Etc. Except during the continuance of a an Event of Default (including the commencement and continuation of any proceeding under any Bankruptcy Debtor Relief Law relating to any other Loan Party), each Guarantor may receive payments from any other Loan Party on account of the Subordinated Obligations. After the occurrence and during the continuance of any Event of Default (including the commencement and continuation of any proceeding under any Bankruptcy Debtor Relief Law relating to any other Loan Party), however, unless the Administrative Agent otherwise agrees, no Guarantor shall demand, accept or take any action to collect any payment on account of the Subordinated Obligations.
Appears in 2 contracts
Samples: Revolving Credit Agreement (Kbr, Inc.), Assignment and Acceptance (Kbr, Inc.)
Prohibited Payments, Etc. Except during the continuance of a any Event of Default (including the commencement and continuation of any proceeding under any Bankruptcy Law relating to any other Loan Party), each Guarantor may receive payments from any other Loan Party on account of the Subordinated Obligations. After the occurrence and during the continuance of any Event of Default (including the commencement and continuation of any proceeding under any Bankruptcy Law relating to any other Loan Party), however, unless the Agent otherwise agrees, no Guarantor shall demand, accept or take any action to collect any payment on account of the Subordinated Obligations.
Appears in 2 contracts
Samples: Security and Guarantee Agreement (International Lease Finance Corp), Security and Guarantee Agreement (International Lease Finance Corp)
Prohibited Payments, Etc. Except during the continuance of a Default (including the commencement and continuation of any proceeding under any Bankruptcy Law relating to any other Loan Party), each Guarantor may receive regularly scheduled payments from any other Loan Party on account of the Subordinated Obligations. After the occurrence and during the continuance of any Default (including the commencement and continuation of any proceeding under any Bankruptcy Law relating to any other Loan Party), however, unless the Agent otherwise agrees, no Guarantor shall demand, accept or take any action to collect any payment on account of the Subordinated Obligations.
Appears in 2 contracts
Samples: Credit Agreement (Sealed Air Corp/De), Credit Agreement (Sealed Air Corp/De)
Prohibited Payments, Etc. Except during the continuance of a Default (including the commencement and continuation of any proceeding under any Bankruptcy Debtor Relief Law relating to any other Loan Party), each Guarantor may receive payments from any other Loan Party on account of the Subordinated Obligations. After the occurrence and during the continuance of any Default (including the commencement and continuation of any proceeding under any Bankruptcy Debtor Relief Law relating to any other Loan Party), however, unless the Agent Required Lenders otherwise agreesagree, no Guarantor shall demand, accept or take any action to collect any payment on account of the Subordinated Obligations.
Appears in 2 contracts
Samples: Credit Agreement, Credit Agreement (Dynegy Holdings Inc)
Prohibited Payments, Etc. Except during the continuance of a an Event of Default (including the commencement and continuation of any proceeding under any Bankruptcy Law relating to any other Loan Note Party), each Guarantor may receive regularly scheduled payments from any other Loan Note Party on account of the Subordinated Obligations. After the occurrence and during the continuance of any Event of Default (including the commencement and continuation of any proceeding under any Bankruptcy Law relating to any other Loan Note Party), however, unless the Agent Purchaser otherwise agrees, no Guarantor shall demand, accept or take any action to collect any payment on account of the Subordinated Obligations.
Appears in 2 contracts
Samples: Subsidiary Guaranty (Ediets Com Inc), Subsidiary Guaranty (Ediets Com Inc)
Prohibited Payments, Etc. Except during the continuance of a an Event of Default (including the commencement and continuation of any proceeding under any Bankruptcy Law relating to any other Loan Partyparty obligated on or for the Note), each Guarantor may receive regularly scheduled payments from any other Loan Party party obligated on or for the Note on account of the Subordinated Obligations. After the occurrence and during the continuance of any Event of Default (including the commencement and continuation of any proceeding under any Bankruptcy Law relating to any other Loan Partyparty obligated on or for the Note), however, unless the Agent Lender otherwise agrees, no Guarantor shall not demand, accept or take any action to collect any payment on account of the Subordinated Obligations.
Appears in 2 contracts
Samples: Verity Corp., Verity Corp.
Prohibited Payments, Etc. Except during the continuance of a an Event of Default under (including the commencement and continuation of any proceeding under any Bankruptcy Law relating to such Borrower), such Loan Party may receive regularly scheduled payments from such Borrower on account of the Subordinated Obligations. After the occurrence and during the continuance of any Event of Default (including the commencement and continuation of any proceeding under any Bankruptcy Law relating to any other Loan Party), each Guarantor may receive payments from any other Loan Party on account of the Subordinated Obligations. After the occurrence and during the continuance of any Default (including the commencement and continuation of any proceeding under any Bankruptcy Law relating to any other Loan Partysuch Borrower), however, unless the Agent Required Lenders otherwise agreesagree, no Guarantor such Loan Party shall not demand, accept or take any action to collect any payment on account of the Subordinated Obligations.
Appears in 2 contracts
Samples: Credit Agreement (Cooper Industries PLC), Credit Agreement (Cooper Industries PLC)
Prohibited Payments, Etc. Except during the continuance of a an Event of Default (including the commencement and continuation of any proceeding under any Bankruptcy Law relating to any other Loan Party), each Guarantor may receive payments from any other Loan Party on account of the Subordinated Obligations. After the occurrence and during the continuance of any Event of Default (including the commencement and continuation of any proceeding under any Bankruptcy Law relating to any other Loan Party), however, unless the Administrative Agent otherwise agrees, no Guarantor shall demand, accept or take any action to collect any payment on account of the Subordinated Obligations.
Appears in 1 contract
Samples: Credit Agreement (Boca Resorts Inc)
Prohibited Payments, Etc. Except during the continuance of a any Event of Default (including the commencement and continuation of any proceeding under any Bankruptcy Law relating to any other Loan Party), each Guarantor may receive regularly scheduled payments from any other Loan Party on account of the Subordinated Obligations. After the occurrence and during the continuance of any Event of Default (including the commencement and continuation of any proceeding under any Bankruptcy Law relating to any other Loan Party), however, unless the Administrative Agent otherwise agrees, no Guarantor shall demand, accept or take any action to collect any payment on account of the Subordinated Obligations.. Alliance Resource Third Amended and Restated Credit Agreement
Appears in 1 contract
Prohibited Payments, Etc. Except during the continuance of a an Event of Default (including the commencement and continuation of any proceeding under any Bankruptcy Debtor Relief Law relating to any other Loan Party), each Guarantor the Guarantors may receive regularly scheduled payments from any the other Loan Party Parties on account of the Subordinated Obligations. After the occurrence and during the continuance of any Event of Default (including the commencement and continuation of any proceeding under any Bankruptcy Debtor Relief Law relating to any other Loan Party), however, unless the Agent Majority Lenders otherwise agreesagree, no Guarantor shall demand, accept or take any action to collect any payment on account of the Subordinated Obligations.
Appears in 1 contract
Samples: Credit Agreement (Olin Corp)
Prohibited Payments, Etc. Except during the continuance of a ------------------------ Default (including the commencement and continuation of any proceeding under any Bankruptcy Law relating to any other Loan Party), each Guarantor may receive regularly scheduled payments from any other Loan Party on account of the Subordinated Obligations. After the occurrence and during the continuance of any Default (including the commencement and continuation of any proceeding under any Bankruptcy Law relating to any other Loan Party), however, unless the Agent Required Lenders otherwise agreesagree, no Guarantor shall demand, accept or take any action to collect any payment on account of the Subordinated Obligations.
Appears in 1 contract
Prohibited Payments, Etc. Except during the continuance of a any Event of Default (including the commencement and continuation of any proceeding under any Bankruptcy Law relating to any other Loan Party), each Guarantor may receive regularly scheduled payments from any other Loan Party on account of the Subordinated Obligations. After the occurrence and during the continuance of any Event of Default (including the commencement and continuation of any proceeding under any Bankruptcy Law relating to any other Loan Party), however, unless the Agent Required Lenders otherwise agreesagree, no Guarantor shall demand, accept or take any action to collect any payment on account of the Subordinated Obligations.
Appears in 1 contract
Prohibited Payments, Etc. Except during the continuance of a Default (including the commencement and continuation of any proceeding under any Bankruptcy Law relating to any other Loan Party), each Guarantor may receive regularly scheduled payments from any other Loan Party on account of the Subordinated Obligations. After the occurrence and during the continuance of any Default (including the commencement and continuation of any proceeding under any Bankruptcy Law relating to any other Loan Party), however, unless the Administrative Agent otherwise agrees, no Guarantor shall demand, accept or take any action to collect any payment on account of the Subordinated Obligations.. 101
Appears in 1 contract
Samples: Credit Agreement (American Campus Communities Operating Partnership LP)
Prohibited Payments, Etc. Except during the continuance of a Default (including the commencement and continuation of any proceeding under any Bankruptcy Law relating to any other Loan Party), each the Guarantor may receive regularly scheduled payments from any other Loan Party on account of the Subordinated Obligations. After the occurrence and during the continuance of any Default (including the commencement and continuation of any proceeding under any Bankruptcy Law relating to any other Loan Party), however, unless the Administrative Agent otherwise agrees, no the Guarantor shall not demand, accept or take any action to collect any payment on account of the Subordinated Obligations.
Appears in 1 contract
Prohibited Payments, Etc. Except during the continuance of a an Event of Default (including the commencement and continuation of any proceeding under any Bankruptcy Law relating to any other Loan Party), each Guarantor may receive regularly scheduled payments from any other Loan Party on account of the Subordinated Obligations. After the occurrence and during the continuance of any Event of Default (including the commencement and continuation of any proceeding under any Bankruptcy Law relating to any other Loan Party), however, unless the Agent otherwise agrees, no Guarantor shall demand, accept or take any action to collect any payment on account of the Subordinated Obligations.
Appears in 1 contract
Samples: Credit Agreement (Lubrizol Corp)
Prohibited Payments, Etc. Except during the continuance of a ------------------------ Default (including the commencement and continuation of any proceeding under any Bankruptcy Law relating to any other Loan Party), each the Guarantor may receive regularly scheduled payments from any other Loan Party on account of the Subordinated Obligations. After the occurrence and during the continuance of any Default (including the commencement and continuation of any proceeding under any Bankruptcy Law relating to any other Loan Party), however, unless the Agent otherwise agrees, no the Guarantor shall not demand, accept or take any action to collect any payment on account of the Subordinated Obligations.
Appears in 1 contract
Samples: Time Guaranty (C Quential Inc)
Prohibited Payments, Etc. Except during the continuance of a an Event of Default (including the commencement and continuation of any proceeding under any Bankruptcy Law relating to any other Loan Party), each Guarantor may receive payments from any other Loan Party on account of the Subordinated ObligationsObligations as permitted pursuant to Section 5.02 of the Credit Agreement. After the occurrence and during the continuance of any Event of Default (including the commencement and continuation of any proceeding under any Bankruptcy Law relating to any other Loan Party), however, unless the Administrative Agent otherwise agrees, no Guarantor shall demand, accept or take any action to collect any payment on account of the Subordinated Obligations.
Appears in 1 contract
Prohibited Payments, Etc. Except during the continuance of a Default (including the commencement and continuation of any proceeding under any Bankruptcy Law relating to any other Loan Party), each Guarantor may receive regularly scheduled payments from any other Loan Party on account of the Subordinated Obligations. After the occurrence and during the continuance of any Event of Default (including the commencement and continuation of any proceeding under any Bankruptcy Law relating to any other Loan Party), however, unless the Administrative Agent otherwise agrees, no Guarantor shall demand, accept or take any action to collect any payment on account of the Subordinated Obligations.
Appears in 1 contract
Prohibited Payments, Etc. Except during the continuance of a an Event of Default (including the commencement and continuation of any proceeding under any Bankruptcy Law relating to any other Loan Security Party), each Guarantor may receive payments from any other Loan Security Party on account of the Subordinated Obligations. After the occurrence and during the continuance of any Event of Default (including the commencement and continuation of any proceeding under any Bankruptcy Law relating to any other Loan Security Party), however, unless the Administrative Agent otherwise agrees, no Guarantor shall demand, accept or take any action to collect any payment on account of the Subordinated Obligations.
Appears in 1 contract
Samples: Assignment and Assumption Agreement (Seacor Holdings Inc /New/)
Prohibited Payments, Etc. Except during the continuance of a Default (including the commencement and continuation of any proceeding under any Bankruptcy Law relating to any other Loan Party), each Guarantor may receive regularly scheduled payments from any other Loan Party on account of the Subordinated Obligations. After the occurrence and during the continuance of any Default (including the commencement and continuation of any proceeding under any Bankruptcy Law relating to any other Loan Party), however, unless the Agent Joint Lead Arrangers otherwise agreesagree, no Guarantor shall demand, accept or take any action to collect any payment on account of the Subordinated Obligations.
Appears in 1 contract
Prohibited Payments, Etc. Except during the continuance of a an Event of Default (including the commencement and continuation of any proceeding under any Bankruptcy Law relating to any other Loan Party), each Guarantor may receive payments from any other Loan Party on account of the Subordinated Obligations. After the occurrence and during the continuance of any Default (including the commencement and continuation of any proceeding under any Bankruptcy Law relating to any other Loan Party), however, unless the Agent otherwise agrees, no Guarantor shall demand, accept or take any action to collect any payment on account of the Subordinated Obligations.
Appears in 1 contract
Prohibited Payments, Etc. Except during the continuance of a an Event of Default (including the commencement and continuation of any proceeding under any Bankruptcy Law relating to any other Loan Obligated Party), each Guarantor may receive regularly scheduled payments from any other Loan Obligated Party on account of the Subordinated Obligations. After the occurrence and during the continuance of any Event of Default (including the commencement and continuation of any proceeding under any Bankruptcy Law relating to any other Loan Obligated Party), however, unless the Agent Lender otherwise agrees, no Guarantor shall not demand, accept or take any action to collect any payment on account of the Subordinated Obligations.
Appears in 1 contract
Samples: Verity Farms (Verity Corp.)
Prohibited Payments, Etc. Except during the continuance of a Default (including the commencement and continuation of any proceeding under any Bankruptcy Law relating to any other Loan Credit Party), each Guarantor may receive regularly scheduled payments from any other Loan Credit Party on account of the Subordinated Obligations. After the occurrence and during the continuance of any Default (including the commencement and continuation of any proceeding under any Bankruptcy Law relating to any other Loan Credit Party), however, unless the Administrative Agent otherwise agrees, no each Guarantor shall not demand, accept or take any action to collect any payment on account of the Subordinated Obligations.
Appears in 1 contract
Samples: Credit and Guarantee Agreement (Endeavour International Corp)
Prohibited Payments, Etc. Except during the continuance of a an Event of Default (including the commencement and continuation of any proceeding under any Bankruptcy Law relating to any other Loan Security Party), each Guarantor may receive payments from any other Loan Security Party on account of the Subordinated Obligations. After the occurrence and during the continuance of any Event of Default (including the commencement and continuation of any proceeding under any the Bankruptcy Law Code relating to any other Loan Security Party), however, unless the Administrative Agent otherwise agrees, no Guarantor shall demand, accept or take any action to collect any payment on account of the Subordinated Obligations.
Appears in 1 contract
Samples: Credit Agreement (Era Group Inc.)
