Stay of Acceleration. In the event that acceleration of the time for payment of any amount payable by any Eligible Subsidiary under this Agreement or the Notes is stayed upon the insolvency, bankruptcy or reorganization of such Eligible Subsidiary, all such amounts otherwise subject to acceleration under the terms of this Agreement shall nonetheless be payable by the Company hereunder forthwith on demand by the Agent made at the request of the Required Banks.
Appears in 7 contracts
Samples: Credit Agreement (Gillette Co), Credit Agreement (Gillette Co), Credit Agreement (Gillette Co)
Stay of Acceleration. In the event that acceleration of the time for payment of any amount payable by any Eligible Subsidiary under this Agreement or the its Notes is stayed upon the insolvency, bankruptcy or reorganization of such Eligible Subsidiary, all such amounts otherwise subject to acceleration under the terms of this Agreement shall nonetheless be payable by the Company hereunder forthwith on demand by the Agent made at the request of the Required BanksLenders.
Appears in 6 contracts
Samples: Credit Agreement (Servicemaster LTD Partnership), Credit Agreement (Servicemaster LTD Partnership), Assignment Agreement (Servicemaster Co)
Stay of Acceleration. In the event that acceleration of the time for payment of any amount payable by any Eligible Subsidiary under this Agreement or the its Notes is stayed upon the insolvency, bankruptcy or reorganization of such Eligible Subsidiary, all such amounts otherwise subject to acceleration under the terms of this Agreement shall nonetheless be payable by the Company hereunder forthwith on demand by the Administrative Agent made at the request of the Required BanksLenders.
Appears in 6 contracts
Samples: Credit Agreement (Johnson Controls Inc), Credit Agreement (Johnson Controls Inc), Credit Agreement (Johnson Controls Inc)
Stay of Acceleration. In the event that If acceleration of the time for payment of any amount payable by any Eligible Subsidiary under this Agreement or the its Notes is stayed upon the insolvency, bankruptcy or reorganization of such Eligible Subsidiary, all such amounts otherwise subject to acceleration under the terms of this Agreement shall nonetheless be payable by the Company hereunder forthwith on demand by the Administrative Agent made at the request of the Required BanksLenders.
Appears in 6 contracts
Samples: Credit Agreement (Campbell Soup Co), Credit Agreement (Praxair Inc), Credit Agreement (Allergan Inc)
Stay of Acceleration. In the event that If acceleration of the time for payment of any amount payable by any Eligible Subsidiary the Company or other obligor under this Agreement or the Notes any other Loan Document is stayed upon the insolvency, bankruptcy or reorganization of the Company or such Eligible Subsidiaryobligor, all such amounts otherwise subject to acceleration under the terms of this Agreement or the other Loan Documents shall nonetheless be payable by the Company Guarantors hereunder forthwith on demand by the Administrative Agent made at the request of the Required Majority Banks.
Appears in 5 contracts
Samples: Credit Agreement (Cigna Group), Credit Agreement (Cigna Group), Assignment and Assumption (Cigna Corp)
Stay of Acceleration. In the event that acceleration of the time for payment of any amount payable by any Eligible Subsidiary under this Agreement or the Notes any Note is stayed upon the insolvency, bankruptcy or reorganization of such Eligible Subsidiary, all such amounts otherwise subject to acceleration under the terms of this Agreement shall nonetheless be payable by the Company hereunder forthwith on demand by the Administrative Agent made at the request of the Required Banks.
Appears in 4 contracts
Samples: Credit Agreement (Imc Global Inc), Credit Agreement (Imc Global Inc), Day Credit Agreement (Imc Global Inc)
Stay of Acceleration. In the event that If acceleration of the time for payment of any amount payable by any Eligible Subsidiary Borrower under this Agreement or the Notes is stayed upon the insolvency, bankruptcy or reorganization of such Eligible SubsidiarySubsidiary Borrower, all such amounts otherwise subject to acceleration under the terms of this Agreement shall nonetheless be payable by the Company Toro hereunder forthwith on demand by the Administrative Agent made at the request of the Required BanksLenders.
Appears in 4 contracts
Samples: Credit Agreement (Toro Co), Credit Agreement (Toro Co), Credit Agreement (Toro Co)
Stay of Acceleration. In the event that acceleration of the time for payment of any amount payable by any Eligible Subsidiary under this Agreement or the its Notes is stayed upon the insolvency, bankruptcy or reorganization of such Eligible Subsidiary, all such amounts otherwise subject to acceleration under the terms of this Agreement shall nonetheless be payable by the Company hereunder forthwith on demand by the Agent made at the request of the Required Banks.
Appears in 4 contracts
Samples: Credit Agreement (Aep Industries Inc), Credit Agreement (Timberland Co), Credit Agreement (Lincoln Electric Co)
Stay of Acceleration. In the event that If acceleration of the time for payment of any amount payable by any Eligible Subsidiary under this Agreement or the its Notes is stayed upon the insolvency, bankruptcy or reorganization of such Eligible Subsidiary, all such amounts otherwise subject to acceleration under the terms of this Agreement shall nonetheless be payable by the Company hereunder forthwith on demand by the Agent made at the request of the Required Banks.
Appears in 3 contracts
Samples: Credit Agreement (Albany International Corp /De/), Assignment and Assumption Agreement (Boise Cascade Office Products Corp), Assignment and Assumption Agreement (Polaroid Corp)
Stay of Acceleration. In the event that acceleration of the time for payment of any amount payable by any Eligible Subsidiary under this Agreement or the its Notes is stayed upon the insolvency, bankruptcy or reorganization of such Eligible Subsidiary, all such amounts otherwise subject to acceleration under the terms of this Agreement shall nonetheless be payable by the Company hereunder forthwith on demand by the Administrative Agent made at the request of the Required Banks.
Appears in 3 contracts
Samples: Credit Agreement (Ck Witco Corp), Credit Agreement (Ck Witco Corp), Credit Agreement (Witco Corp)
Stay of Acceleration. In the event that If acceleration of the time for payment of any amount payable by any Eligible Subsidiary under this Agreement or the its Notes is stayed upon the insolvency, bankruptcy or reorganization of such Eligible Subsidiary, all such amounts otherwise subject to acceleration under the terms of this Agreement shall nonetheless be payable by the Company hereunder forthwith on demand by the Administrative Agent made at the request of the Required Banks.
Appears in 3 contracts
Samples: Credit Agreement (Universal Health Services Inc), Credit Agreement (Allergan Inc), Credit Agreement (Allergan Inc)
Stay of Acceleration. In the event that If acceleration of the -------------------- time for payment of any amount payable by any Eligible Subsidiary under this Agreement or the Notes is stayed upon the insolvency, bankruptcy or reorganization of such any Eligible Subsidiary, all such amounts otherwise subject to acceleration under the terms of this Agreement shall nonetheless be payable by the Company hereunder forthwith on demand by the Administrative Agent made at the request of the Required Banksrequisite proportion of the Banks specified in Article VI.
Appears in 2 contracts
Samples: Credit Agreement (Anheuser Busch Companies Inc), Credit Agreement (Anheuser-Busch Companies, Inc.)
Stay of Acceleration. In the event that If acceleration of the time for payment of any amount payable by any Eligible Subsidiary the Company under this Agreement or the Notes is stayed upon the insolvency, bankruptcy or reorganization of such Eligible Subsidiarythe Company, all such amounts otherwise subject to acceleration under the terms of this Agreement shall nonetheless be payable by the Company Guarantors hereunder forthwith on demand by the Collateral Agent made at the request of the as directed by Required BanksHolders.
Appears in 2 contracts
Samples: Shelf Agreement (Nn Inc), Note Purchase Agreement (Nn Inc)
Stay of Acceleration. In the event that If acceleration of the time for payment of any amount Guaranteed Obligation payable by the Company under any Eligible Subsidiary under this Agreement or the Notes Financing Document is stayed upon the insolvency, bankruptcy or reorganization of such Eligible Subsidiarythe Company, all such amounts Guaranteed Obligations otherwise subject to acceleration under the terms of this Agreement the Financing Documents shall nonetheless be payable by the Company Subsidiary Guarantor hereunder forthwith on demand by the Agent made at the request of the Required BanksAgent.
Appears in 2 contracts
Samples: Securities Purchase Agreement (NPR Inc), Securities Purchase Agreement (Sjit Inc)
Stay of Acceleration. In the event that If acceleration of the time for payment of any amount payable by any Eligible Subsidiary the Company under this Agreement or the Notes any other Operative Document is stayed upon the insolvency, bankruptcy or reorganization of such Eligible Subsidiarythe Company, all such amounts otherwise subject to acceleration under the terms of this Agreement or the other Operative Documents shall nonetheless be payable jointly and severally by the Company Guarantors hereunder forthwith on demand by the Agent made at the request of the Required BanksMajority Holders.
Appears in 2 contracts
Samples: Note and Warrant Purchase Agreement (Morton Industrial Group Inc), Note and Warrant Purchase Agreement (Morton Industrial Group Inc)
Stay of Acceleration. In the event that If acceleration of the time for payment of any amount payable by any Eligible Subsidiary the Company or other obligor under this Agreement or the Notes Purchase Agreement, is stayed upon the insolvency, bankruptcy or reorganization of the Company or such Eligible Subsidiaryobligor, all such amounts otherwise subject to acceleration under the terms of this Agreement or the Purchase Agreement, shall nonetheless be payable by the Company Subsidiary hereunder forthwith on demand by the Agent made at the request of the Required BanksPurchaser.
Appears in 2 contracts
Samples: Security and Pledge Agreement (Dyntek Inc), Security and Pledge Agreement (Dyntek Inc)
Stay of Acceleration. In the event that If acceleration of the time for payment of any amount payable by any Eligible Subsidiary the Companies under this Agreement or the Notes is stayed upon the insolvency, bankruptcy or reorganization of such Eligible Subsidiaryany of the Companies, all such amounts otherwise subject to acceleration under the terms of this Agreement shall nonetheless be payable jointly and severally by the Company Companies hereunder forthwith on demand by the Agent made at the request of the Required BanksHolders.
Appears in 2 contracts
Samples: Securities Purchase Agreement (Qsgi Inc.), Securities Purchase Agreement (Qsgi Inc.)
Stay of Acceleration. In the event that If acceleration of the time for payment of any amount payable by any Eligible Subsidiary the Company or other obligor under this Agreement or the Notes Purchase Agreement, is stayed upon the insolvency, bankruptcy or reorganization of the Company or such Eligible Subsidiaryobligor, all such amounts otherwise subject to acceleration under the terms of this Agreement or the Purchase Agreement, shall nonetheless be payable by the Company Subsidiary hereunder forthwith on demand by the Agent made at the request of the Required BanksPurchasers.
Appears in 2 contracts
Samples: Security and Pledge Agreement (Dyntek Inc), Security and Pledge Agreement (Dyntek Inc)
Stay of Acceleration. In the event that If acceleration of the time for payment of any amount payable by any Eligible Subsidiary the Company under this Agreement (or the Notes any promissory notes issued in connection with same) is stayed upon the insolvency, bankruptcy or reorganization of such Eligible Subsidiarythe Company, all such amounts otherwise subject to acceleration under the terms of this Agreement shall nonetheless be payable by the Company Guarantors hereunder forthwith on demand by the Administrative Agent made at the request of the Required BanksLenders.
Appears in 2 contracts
Samples: Term Loan Agreement (Medtronic PLC), Term Loan Agreement (Medtronic PLC)
Stay of Acceleration. In the event that If acceleration of the time for -------------------- payment of any amount payable by any Eligible Subsidiary the Company under this the Lease, the Agency Agreement, the Investment Agreement or the Notes any other Operative Document is stayed upon the insolvency, bankruptcy or reorganization of such Eligible Subsidiarythe Company, all such amounts otherwise subject to acceleration under the terms of this the Lease, the Agency Agreement, the Investment Agreement or any other Operative Document shall nonetheless be payable by the Company Subsidiary Guarantors hereunder forthwith on demand by the Agent made at the request of the Required BanksLessor.
Appears in 1 contract
Samples: Investment and Participation Agreement (Us Xpress Enterprises Inc)
Stay of Acceleration. In the event that acceleration of the time for payment of any amount payable by any Eligible Subsidiary under this Agreement or the its Notes or Yen Notes is stayed upon the insolvency, bankruptcy or reorganization of such Eligible Subsidiary, all such amounts otherwise subject to acceleration under the terms of this Agreement shall nonetheless be payable by the Company hereunder forthwith on demand by the Administrative Agent made at the request of the Required BanksLenders.
Appears in 1 contract
Stay of Acceleration. In the event that If acceleration of the time for payment of any amount amounts payable by any Eligible Designated Subsidiary under this Agreement or the its Notes is stayed upon the insolvency, bankruptcy or reorganization of such Eligible Designated Subsidiary, all such amounts otherwise subject to acceleration under the terms of this Agreement shall nonetheless be payable by the Company Alcan hereunder forthwith on demand by the Administrative Agent made at the request of the Required BanksLenders.
Appears in 1 contract
Samples: Credit Agreement (Alcan Inc)
Stay of Acceleration. In the event that acceleration of the time for payment of any amount payable by any Eligible Subsidiary under this Agreement or the Notes is stayed upon the insolvency, bankruptcy or reorganization of such Eligible Subsidiary, all such amounts otherwise subject to acceleration under the terms of this Agreement shall nonetheless be payable by the Company .Company hereunder forthwith on demand by the Agent made at the request of the Required Banks.
Appears in 1 contract
Samples: Credit Agreement (Gillette Co)
Stay of Acceleration. In the event that acceleration of the time for payment of any amount payable by any Eligible Subsidiary under this Agreement or the Notes any Note or Bankers' Acceptance is stayed upon the insolvency, bankruptcy or reorganization of such Eligible Subsidiary, all such amounts otherwise subject to acceleration under the terms of this Agreement shall nonetheless be payable by the Company hereunder forthwith on demand by the Administrative Agent made at the request of the Required Banks.
Appears in 1 contract
Samples: Credit Agreement (Betzdearborn Inc)
Stay of Acceleration. In the event that If acceleration of the time for payment of any amount payable by any Eligible Subsidiary under this Agreement or in respect of the Notes Obligations is stayed upon the insolvency, bankruptcy bankruptcy, arrangement or reorganization of such Eligible SubsidiarySubsidiary or any moratorium affecting the payment of the Obligations, all such amounts that would otherwise be subject to acceleration under the terms of this Agreement shall nonetheless be payable by the Company Guarantor hereunder forthwith on demand by the Agent made at the request of the Required BanksBeneficiaries.
Appears in 1 contract
Stay of Acceleration. In the event that acceleration of the time for payment of any amount payable by any Eligible Subsidiary under this Agreement or the Notes any Note is stayed upon the insolvency, bankruptcy or reorganization of such Eligible Subsidiary, all such amounts otherwise subject to acceleration under the terms of this Agreement shall nonetheless be payable by the Company hereunder forthwith on demand by the Senior Managing Agent made at the request of the Required Banks.
Appears in 1 contract
Samples: Assignment and Assumption Agreement (Imc Global Inc)
Stay of Acceleration. In the event that If acceleration of the time for payment of any amount payable by any Eligible Subsidiary under this Agreement or Subsidiary, as applicable, in respect of the Notes Obligations is stayed upon the insolvency, bankruptcy bankruptcy, arrangement or reorganization of such Eligible SubsidiarySubsidiary or any moratorium affecting the payment of the Obligations, all such amounts that would otherwise be subject to acceleration under the terms of this Agreement shall nonetheless be payable by the Company Guarantor hereunder forthwith on demand by the Agent made at the request of the Required BanksBeneficiaries.
Appears in 1 contract
Stay of Acceleration. In the event that acceleration of the time for payment of any amount payable by any Eligible Borrowing Subsidiary under this 104 Agreement or the any of its Notes is stayed upon the insolvency, bankruptcy or reorganization of such Eligible Borrowing Subsidiary, all such amounts otherwise subject to acceleration under the terms of this Agreement shall nonetheless be payable by the Company hereunder forthwith on demand by the Agent made at for the request account of the Required Banks.
Appears in 1 contract
Stay of Acceleration. In the event that acceleration of the time for payment of any amount payable by any Eligible Borrowing Subsidiary under this Agreement or the any of its Notes is stayed upon the insolvency, bankruptcy or reorganization of such Eligible Borrowing Subsidiary, all such amounts otherwise subject to acceleration under the terms of this Agreement shall nonetheless be payable by the Company hereunder forthwith on demand by the Agent made at for the request account of the Required Banks.. 116
Appears in 1 contract
Stay of Acceleration. In the event that If acceleration of the time for payment of any amount payable by any Eligible Subsidiary the Company under this Agreement or the Notes is stayed upon the insolvency, bankruptcy or reorganization of such Eligible Subsidiarythe Company, all such amounts otherwise subject to acceleration under the terms of this Agreement shall nonetheless be payable by the Company Guarantors hereunder forthwith on demand by the Noteholder Collateral Agent made at the request of the as directed by Required BanksHolders.
Appears in 1 contract
Samples: Note Purchase Agreement (Nn Inc)
Stay of Acceleration. In the event that If acceleration of the time for payment of any amount payable by any Eligible Subsidiary under this Agreement or the its Notes is stayed upon the insolvencyany bankruptcy, bankruptcy insolvency or reorganization of such Eligible SubsidiarySubsidiary or otherwise, all such amounts otherwise subject to acceleration under the terms of this Agreement shall nonetheless be payable by the Company TyCom hereunder forthwith on demand by the Agent made at the request of the Required BanksLender.
Appears in 1 contract
Stay of Acceleration. In the event that If acceleration of the time for payment of any amount payable by any Eligible Subsidiary under this Agreement or the its Notes is stayed upon the insolvency, bankruptcy or reorganization of such Eligible Subsidiary, all such amounts otherwise subject to acceleration under the terms of this Agreement shall nonetheless be payable by the Company hereunder forthwith on demand by the Administrative Agent made at the request of the Required Banks.
Appears in 1 contract
Stay of Acceleration. In the event that If acceleration of the time for payment of any amount payable by any Eligible Subsidiary the Company under this Agreement or the Notes any Note is stayed upon the insolvency, bankruptcy or reorganization of such Eligible Subsidiarythe Company, all such amounts otherwise subject to acceleration under the terms of this Agreement shall nonetheless be payable by the Company Guarantor hereunder forthwith on demand by the Administrative Agent made at the request of the Required Majority Banks.
Appears in 1 contract