Common use of TERMINATION; ACCELERATION OF THE OBLIGATIONS Clause in Contracts

TERMINATION; ACCELERATION OF THE OBLIGATIONS. In the event of an Event of Default set forth in Sections 9.7 and 9.8 or hereof, the Commitment shall automatically and immediately terminate and in the event of any other Event of Default, the Majority Lenders, at their option, may terminate the Revolving Credit Commitment and the Term Loan Commitment, whereupon in either case all of the Obligations (including, but not limited to the Term Loan and the Revolving Credit Loans) shall become immediately due and payable, without presentment, demand, protest, notice of non-payment or any other notice required by law relative thereto, all of which are hereby expressly waived by each Obligor anything contained herein to the contrary notwithstanding.

TERMINATION; ACCELERATION OF THE OBLIGATIONS. In the event of an Event of Default set forth in Sections 9.7 and 9.8 or 9.9 hereof, the Commitment shall automatically and immediately terminate and in the event of any other Event of Default, the Majority Lenders, at their option, may terminate the Revolving Credit Commitment and the Term Loan Commitment, whereupon in either case all of the Obligations (including, but not limited to the Term Loan and the Revolving Credit Loans) shall become immediately due and payable, without presentment, demand, protest, notice of non-payment or any other notice required by law relative thereto, all of which are hereby expressly waived by each Obligor of the Obligors, anything contained herein to the contrary notwithstanding.

TERMINATION; ACCELERATION OF THE OBLIGATIONS. In the event of an Event of Default set forth in Sections 9.7 and 9.8 or 9.9 hereof, the Commitment shall automatically and immediately terminate and in the event of any other Event of Default, the Majority Lenders, at their option, may terminate the Revolving Credit Commitment and the Term Loan Commitment, whereupon in either case all of the Obligations (including, but not limited to the Term Loan and the Revolving Credit Loans) shall become immediately due and payable, without presentment, demand, protest, notice of non-payment or any other notice required by law relative thereto, all of which are hereby expressly waived by each Obligor the Borrower, anything contained herein to the contrary notwithstanding.

TERMINATION; ACCELERATION OF THE OBLIGATIONS. In the event of an Event of Default set forth in Sections 9.7 and 9.8 8.8 or 8.9 hereof, the Commitment shall automatically and immediately terminate and in the event of any other Event of Default, the Majority Lenders, at their option, may terminate the Revolving Credit Commitment and the Term Loan Commitment, whereupon in either case all of the Obligations (including, but not limited to the Term Loan and the Revolving Credit Loans) shall become immediately due and payable, without presentment, demand, protest, notice of non-payment or any other notice required by law relative thereto, all of which are hereby expressly waived by each Obligor Borrower, anything contained herein to the contrary notwithstanding.