Common use of Remedies - Insolvency Events Clause in Contracts

Remedies - Insolvency Events. Upon the occurrence of any Event of Default described in Sections 8.8 or 8.9, all amounts due under the Loan Documents (excluding the Secured Hedge Agreements) immediately shall become due and payable, all without written notice and without presentment, demand, protest, notice of protest or dishonor, notice of intent to accelerate the maturity thereof, notice of acceleration of the maturity thereof, or any other notice of default of any kind, all of which are hereby expressly waived by Borrowers; however, if the Bankruptcy Party under Sections 8.8 or 8.9 is other than Borrowers, then all amounts due under the Loan Documents shall become immediately due and payable at Administrative Agent’s election, in Administrative Agent’s sole discretion.

Remedies - Insolvency Events. Upon the occurrence of any Event of Default described in Sections 8.8 Section 7.7 or 8.97.8, all amounts due under the Loan Credit Documents (excluding the Secured Hedge Agreements) immediately and automatically shall become due and payable, all any unfunded portion of the Commitments shall automatically terminate and without written notice and without presentment, demand, protest, notice of protest or dishonor, notice of intent to accelerate the maturity thereof, notice of acceleration of the maturity thereof, or any other notice of default of any kind, all of which are hereby expressly waived by BorrowersBorrower; however, if the Bankruptcy Party under Sections 8.8 Section 7.7 or 8.9 7.8 is other than BorrowersBorrower, then all amounts due under the Loan Credit Documents shall become immediately due and payable at Administrative Agent’s election, in Administrative Agent’s sole discretion.

Remedies - Insolvency Events. Upon the occurrence of any Event of Default described in Sections 8.8 or 8.9‎Section 9.7 and ‎Section 9.8, the obligations of Lender to advance amounts hereunder shall immediately terminate, and all amounts due under the Loan Documents (excluding the Secured Hedge Agreements) immediately shall become due and payable, all without written notice and without presentment, demand, protest, notice of protest or dishonor, notice of intent to accelerate the maturity thereof, notice of acceleration of the maturity thereof, or any other notice of default of any kind, all of which are hereby expressly waived by Borrowers; however, if the Bankruptcy Party under Sections 8.8 or 8.9 ‎Section 9.7 and ‎Section 9.8 is other than Borrowersa Borrower, then all amounts due under the Loan Documents shall become immediately due and payable at Administrative AgentLender’s election, in Administrative Agent’s sole discretion.

Remedies - Insolvency Events. Upon the occurrence of any Event of Default described in Sections 8.8 Section 9.7 or 8.9Section 9.8, the obligations of Lender to advance amounts hereunder shall automatically and immediately terminate, and all amounts due under the Loan Documents (excluding the Secured Hedge Agreements) automatically and immediately shall become due and payable, all without written notice and without presentment, demand, protest, notice of protest or dishonor, notice of intent to accelerate the maturity thereof, notice of acceleration of the maturity thereof, or any other notice of default of any kind, all of which are hereby expressly waived by BorrowersBorrower; provided; however, that if the Bankruptcy Party under Sections 8.8 Section 9.7 or 8.9 Section 9.8 is other than BorrowersBorrower, then all amounts due under the Loan Documents shall become immediately due and payable at Administrative AgentLender’s election, in Administrative AgentLender’s sole discretion.

Remedies - Insolvency Events. Upon the occurrence of any Event of Default described in Sections 8.8 or 8.9, all amounts due under the Loan Documents (excluding the Secured Hedge Agreements) immediately shall become due and payable, all without written notice and without presentment, demand, protest, notice of protest or dishonor, notice of intent to accelerate the maturity thereof, notice of acceleration of the maturity thereof, or any other notice of default of any kind, all of which are hereby expressly waived by Borrowers; however, if the Bankruptcy Party under Sections 8.7 or 8.8 or 8.9 is other than Borrowers, then all amounts due under the Loan Documents shall become immediately due and payable at Administrative Agent’s election, in Administrative Agent’s sole discretion.. AMENDED AND RESTATED LOAN AGREEMENT – PAGE 91

Remedies - Insolvency Events. Upon the occurrence of any Event of Default described in Sections 8.8 Section 9.8 or 8.99.9, the obligations of the Lenders to advance amounts hereunder shall immediately terminate, and all amounts due under the Loan Documents (excluding the Secured Hedge Agreements) immediately shall become due and payable, all without written notice and without presentment, demand, protest, notice of protest or dishonor, notice of intent to accelerate the maturity thereof, notice of acceleration of the maturity thereof, or any other notice of default of any kind, all of which are hereby expressly waived by BorrowersBorrower; however, if the Bankruptcy Party under Sections 8.8 Section 9.8 or 8.9 9.9 is other than BorrowersBorrower, then all amounts due under the Loan Documents shall become immediately due and payable at the Administrative Agent’s 's election, in the Administrative Agent’s 's sole discretion.

Remedies - Insolvency Events. Upon the occurrence of any Event of Default described in Sections 8.8 Section 7.7 or 8.97.8, the obligations of Lender to Advance amounts hereunder shall immediately terminate, and all amounts due under the Loan Documents (excluding the Secured Hedge Agreements) immediately shall become due and payable, all without written notice and without presentment, demand, protest, notice of protest or dishonor, notice of intent to accelerate the maturity thereof, notice of acceleration of the maturity thereof, or any other notice of default of any kind, all of which are hereby expressly waived by BorrowersBorrower; however, if the Bankruptcy Party under Sections 8.8 Section 7.7 or 8.9 7.8 is other than BorrowersBorrower, then all amounts due under the Loan Documents shall become immediately due and payable at Administrative Agent’s Lender's election, in Administrative Agent’s Lender's sole discretion.

Remedies - Insolvency Events. Upon the occurrence of any Event of Default described in Sections 8.8 Section 9.7 or 8.99.8, the obligations of Lender to advance amounts hereunder shall immediately terminate, and all amounts due under the Loan Documents (excluding the Secured Hedge Agreements) immediately shall become due and payable, all without written notice and without presentment, demand, protest, notice of protest or dishonor, notice of intent to accelerate the maturity thereof, notice of acceleration of the maturity thereof, or any other notice of default of any kind, all of which are hereby expressly waived by Borrowers; however, if the Bankruptcy Party under Sections 8.8 Section 9.7 or 8.9 9.8 is other than Borrowersa Borrower, then all amounts due under the Loan Documents shall become immediately due and payable at Administrative AgentLender’s election, in Administrative Agent’s sole discretion.

Remedies - Insolvency Events. Upon the occurrence of any Event of Default described in Sections 8.8 Section 9.8 or 8.9Section 9.9 the obligations to advance amounts hereunder shall immediately terminate, and all amounts due under the Loan Documents (excluding the Secured Hedge Agreements) immediately shall become due and payable, all without written notice and without presentment, demand, protest, notice of protest or dishonor, notice of intent to accelerate the maturity thereof, notice of acceleration of the maturity thereof, or any other notice of default of any kind, all of which are hereby expressly waived by BorrowersBorrower; however, if the Bankruptcy Party under Sections 8.8 Section 9.8 or 8.9 Section 9.9 is other than BorrowersBorrower, then all amounts due under the Loan Documents shall become immediately due and payable at Administrative Agent’s election, in Administrative Agent’s sole discretion.

Remedies - Insolvency Events. Upon the occurrence of any Event of Default described in Sections 8.8 or 8.9, all amounts due under the Loan Documents (excluding the Secured Hedge Agreements) immediately shall become due and payable, all without written notice and without presentment, demand, protest, notice of protest or dishonor, notice of intent to accelerate the maturity thereof, notice of acceleration of the maturity thereof, or any other notice of default of any kind, all of which are hereby expressly waived by Borrowers; however, if the Bankruptcy Party under Sections 8.7 or 8.8 or 8.9 is other than Borrowers, then all amounts due under the Loan Documents shall become immediately due and payable at Administrative Agent’s election, in Administrative Agent’s sole discretion.