Common use of Termination of Forbearance Period Clause in Contracts

Termination of Forbearance Period. Upon the termination of the Forbearance Period pursuant to any of clauses (i) through (ii) of paragraph (a) above, all forbearances, deferrals and indulgences granted by Agent and Lenders in paragraph (a) above shall immediately terminate and Agent and Lenders shall thereupon have, and shall be entitled to exercise, any and all rights and remedies which Agent and Lenders may have upon the occurrence of an Event of Default, including, without limitation, the Designated Events of Default, and the Obligations shall become immediately due and payable.

Termination of Forbearance Period. Upon the termination of the Forbearance Period pursuant to any of clauses (i) through (iiiii) of paragraph (a) above, all forbearanceswaivers, deferrals and indulgences granted by Agent and Lenders in paragraph (a) above shall immediately terminate and Agent automatically terminate, and Lenders shall thereupon have, and shall be entitled to exercise, any and all rights and remedies which Agent and Lenders either may have upon the occurrence of an Event of Default, including, without limitation, the Designated Events Existing Event of Default, and the Obligations under the Credit Agreement shall become immediately due and payable, without further notice of any kind.

Termination of Forbearance Period. Upon the termination of the Forbearance Period pursuant to any of clauses (i) through (ii) of paragraph (a) above, all forbearances, deferrals and indulgences granted by the Administrative Agent and the Lenders in such paragraph (a) above shall immediately terminate terminate, and the Administrative Agent and the Lenders shall thereupon have, and shall be entitled to exercise, any and all rights and remedies which the Administrative Agent and the Lenders may have upon the occurrence of an Event of Default, including, without limitation, the Designated Events of Default, and the Obligations shall become immediately due and payable.