Substitution of Lender; Termination Option. If (i) the obligation of any Lender to make or to convert or continue outstanding Loans as or into Euro-Dollar Loans has been suspended pursuant to Section 8.02, (ii) any Lender has demanded compensation under Section 8.03 or 8.04 (including any demand made by a Lender on behalf of a Participant), (iii) [reserved], (iv) any Lender becomes a Defaulting Lender, (v) Investment Grade Status ceases to exist as to any Lender or, (vi) for purposes of (a) below only, any Lender becomes a Non-Consenting Lender, then:
Appears in 5 contracts
Samples: Term Loan Credit Agreement (Duke Energy CORP), Credit Agreement (Duke Energy CORP), Credit Agreement (Duke Energy CORP)
Substitution of Lender; Termination Option. If (i) the obligation of any Lender to make or to convert or continue outstanding Loans as or into Euro-Dollar Loans has been suspended pursuant to Section Section 8.02, (ii) any Lender has demanded compensation under Section Section 8.03 or 8.04 8.04 (including any demand made by a Lender on behalf of a Participant), (iii) [reserved], (iv) any Lender becomes a Defaulting Lender, (v) Investment Grade Status ceases to exist as to any Lender or, (vi) for purposes of (a(a) below only, any Lender becomes a Non-Consenting Lender, then:
Appears in 1 contract
Samples: The Term Loan Credit Agreement (Progress Energy Inc)
