Common use of Suspension of Commitments Clause in Contracts

Suspension of Commitments. Upon the occurrence of any Default or Event of Default, Administrative Agent and each Lender, without notice or demand, may immediately cease making additional Loans and cause its obligation to lend its Pro Rata Share of each Loan Commitment to be suspended; provided that, in the case of a Default, if the subject condition or event is waived, cured or removed by Requisite Lenders within any applicable grace or cure period, any suspended portion of the Loan Commitments shall be reinstated.

Suspension of Commitments. Upon the occurrence of any Default or ------------------------- Event of Default, Administrative Agent and each Lender, without notice or demand, may immediately cease making additional Loans and cause its obligation to lend its Pro Rata Share of each Loan Commitment to be suspended; provided -------- that, in the case of a Default, if the subject condition or event is waived, cured or removed by Requisite Lenders within any applicable grace or cure period, any suspended portion of the Loan Commitments shall be reinstated.

Suspension of Commitments. Upon the occurrence of any Default or Event of Default, Administrative Agent and each Lender, at the direction of Agent or Requisite Lenders, without notice or demand, may immediately cease making additional Loans and cause its obligation to lend its Pro Rata Share of each Loan Commitment the Commitments to be suspended, in whole or in part, as so directed; provided provided, however, that, in the case of a any such Event of Default, if the subject condition or event is waived, cured thereafter waived or otherwise removed by Requisite Lenders within any applicable grace or cure periodLenders, any suspended portion of the Loan Commitments shall be reinstated.

Suspension of Commitments. Upon the occurrence of any Default or ------------------------- Event of Default, Administrative Agent and each Lender, without notice or demand, may immediately cease making additional funds available under the Revolving Loans and cause its obligation to lend its Pro Rata Share of each Loan Commitment to be suspended; provided that, in the case of a Default, if the subject -------- condition or event is waived, cured or removed by Requisite Lenders Lender within any applicable grace or cure period, any the suspended portion of the Revolving Loan Commitments Commitment shall be reinstated.