Termination by Administrative Agent. (i) Administrative Agent may (and upon the direction of the Required Lenders, shall) terminate the Commitments without notice at any time that an Event of Default exists. (ii) Notwithstanding the foregoing the Commitments shall automatically terminate as provided in Section 12.2 hereof.
Appears in 3 contracts
Samples: Credit Agreement (Ryerson Holding Corp), Credit Agreement (Ryerson Inc.), Credit Agreement (J.M. Tull Metals Company, Inc.)
Termination by Administrative Agent. (i) Administrative Agent may (and upon the direction of the Required Lenders, shall) terminate the Commitments Commitment without notice at any time that an Event of Default exists.
(ii) Notwithstanding ; provided, however, that the foregoing the Commitments Commitment shall automatically terminate as provided in Section 12.2 hereofSECTION 12.2.
Appears in 1 contract
Samples: Loan and Security Agreement (IMI of Arlington, Inc.)
Termination by Administrative Agent. (i) Administrative Agent may (and upon the direction of the Required Lenders, shall) terminate the Commitments without notice at any time that an Event of Default exists.
(ii) Notwithstanding the foregoing ; provided, however, that the Commitments shall automatically terminate as provided in Section 12.2 11.2 hereof.
Appears in 1 contract
Termination by Administrative Agent. (i) Administrative Agent may (and upon the direction of the Required Lenders, shall) terminate the Commitments without notice at any time that an Event of Default exists.
(ii) Notwithstanding the foregoing the Commitments shall automatically terminate as provided in Section 12.2 hereof.
Appears in 1 contract
Samples: Credit and Security Agreement (PNA Group Holding CORP)
Termination by Administrative Agent. (i) Administrative Agent may (and upon the direction of the Required Lenders, shall) terminate the Commitments Commitment without notice at any time that an Event of Default exists.
(ii) Notwithstanding ; provided, however, that the foregoing the Commitments Commitment shall automatically terminate as provided in Section 12.2 hereof12.2.
Appears in 1 contract
Samples: Loan and Security Agreement (Insight Health Services Holdings Corp)
