Action if Bankruptcy. If any Event of Default described in CLAUSES (a) through (d) of SECTION 8.1.9 shall occur with respect to the Borrower or any Obligor, the Commitments (if not theretofore terminated) shall automatically terminate and the outstanding principal amount of all outstanding Loans and all other Obligations shall automatically be and become immediately due and payable, without presentment, demand, protest, notice of intent to accelerate, notice of acceleration, notice of any other kind or demand.
Appears in 2 contracts
Sources: Credit Agreement (Markwest Hydrocarbon Inc), Credit Agreement (Markwest Hydrocarbon Inc)
Action if Bankruptcy. If any Event of Default described in CLAUSES (a) through (d) of SECTION 8.1.9 10.1.9 shall occur with respect to the Borrower or any Obligoroccur, the Commitments (if not theretofore terminated) shall automatically terminate and the outstanding principal amount of all outstanding Loans and all other Obligations shall automatically be and become immediately due and payable, without presentment, demand, protest, notice of intent to accelerate, notice of acceleration, notice of any other kind or demand.
Appears in 2 contracts
Sources: Credit Agreement (Leiner Health Products Inc), Credit Agreement (Leiner Health Products Inc)
Action if Bankruptcy. If any Event of Default described in CLAUSES (a) through (d) of SECTION 8.1.9 Section 9.1.9 shall occur with respect to the Borrower or any Obligoroccur, the Commitments (if not theretofore terminated) shall automatically terminate and the outstanding principal amount of all outstanding Revolving Loans and all other Obligations shall automatically be and become immediately due and payable, without presentment, demand, protest, notice of intent to accelerate, notice of acceleration, notice of any other kind or demand.
Appears in 2 contracts
Sources: Credit Agreement (Ingram Micro Inc), Credit Agreement (Ingram Micro Inc)
Action if Bankruptcy. If any Event of Default described in CLAUSES (a) through (d) of SECTION 8.1.9 9.1.9 shall occur with respect to the Borrower or any other Obligor, the Commitments (if not theretofore terminated) shall automatically terminate and the outstanding principal amount of all outstanding Loans and all other Obligations shall automatically be and become immediately due and payable, without presentment, demand, protest, notice of intent to accelerate, notice of acceleration, notice of any other kind or demand.
Appears in 1 contract
Action if Bankruptcy. If any Event of Default described in CLAUSES (a) through (d) of SECTION 8.1.9 shall occur with respect to the Borrower or any Obligoroccur, the Commitments (if not theretofore terminated) shall automatically terminate and the outstanding principal amount of all outstanding Loans and all other Obligations shall automatically be and become immediately due and payable, without presentment, demand, protest, notice of intent to accelerate, notice of acceleration, notice of any other kind or demand.
Appears in 1 contract
Sources: Revolving Credit Agreement (Sun International Hotels LTD)
Action if Bankruptcy. If any Event of Default described in CLAUSES (aB) through (dD) of SECTION 8.1.9 shall occur with respect to the Borrower or any Obligoroccur, the Commitments (if not theretofore terminated) shall automatically terminate and the outstanding principal amount of all outstanding Loans and all other Obligations shall automatically be and become immediately due and payable, without presentment, demand, protest, notice of intent to accelerate, notice of acceleration, notice of any other kind or demand.
Appears in 1 contract
Action if Bankruptcy. If any Event of Default described in CLAUSES (aA) through (dE) of SECTION 8.1.9 shall occur with respect to the Borrower Company or any ObligorSubsidiary, the Commitments (if Commitments(if not theretofore terminated) shall automatically terminate and be reduced to zero and the and the outstanding principal amount of all outstanding Loans and all other Obligations shall automatically be and become immediately due and payable, without presentment, demand, protest, notice of intent to accelerate, notice of acceleration, notice of any other kind or demand.
Appears in 1 contract
Sources: Credit Agreement (Andrew Corp)
Action if Bankruptcy. If any Event of Default described in CLAUSES (a) through (db) of SECTION 8.1.9 shall occur or with respect to the Borrower or any Obligorand Managing General Partner, (e) of SECTION 9.1.8) shall occur, the Commitments (if not theretofore terminated) shall automatically terminate and the outstanding principal amount of all outstanding Loans and all other Obligations shall automatically be and become immediately due and payable, without presentment, demand, protest, notice of intent to accelerate, notice of acceleration, notice of any other kind or demand.
Appears in 1 contract
Action if Bankruptcy. If any Event In the event that one or more Events of Default described in CLAUSES (a) through (d) of SECTION 8.1.9 9.1.8 shall occur with respect to the Borrower or any Obligoroccur, then the Commitments (if not theretofore terminated) shall automatically terminate and the outstanding principal amount of all outstanding Loans and all other Obligations Liabilities shall automatically be and become immediately due and payable, payable without presentment, demand, protest, notice of intent to accelerate, notice of acceleration, notice or declaration of any other kind or demandwhatsoever.
Appears in 1 contract
Action if Bankruptcy. If any Event of Default described in CLAUSES (aA) through (dE) of SECTION 8.1.9 9.1.8 shall occur with respect to the Borrower or any ObligorBorrower, the Commitments (if not theretofore terminated) shall automatically terminate and the outstanding principal amount of all outstanding Loans and all other Obligations shall automatically be and become immediately due and payable, without presentment, demand, protest, notice of intent to accelerate, notice of acceleration, notice of any other kind or demand.
Appears in 1 contract
Action if Bankruptcy. If any Event of Default described in CLAUSES (a) through (d) of SECTION Section 8.1.9 shall occur with respect to the Borrower or any Obligoroccur, the Commitments (if not theretofore previously terminated) shall automatically terminate and the outstanding principal amount of all outstanding Loans and all other Obligations shall automatically be and become immediately due and payable, without presentment, demand, protest, notice of intent to accelerate, notice of acceleration, notice of any other kind or demand.
Appears in 1 contract
Action if Bankruptcy. If any Event of Default described in CLAUSES (a) through (d) of SECTION 8.1.9 9.1.4 shall occur with respect to the Borrower or any Obligoroccur, the Commitments (if not theretofore terminated) shall automatically terminate and the outstanding principal amount of all outstanding Loans and all other Obligations Liabilities shall automatically be and become immediately due and payable, and the Borrower shall become immediately obligated to deliver to the Issuer in accordance with SECTION 4.7 cash collateral in an amount equal to the Stated Amount of all Letters of Credit then outstanding, without presentment, demand, protest, notice of intent to accelerate, notice of acceleration, notice of any other kind or demand.
Appears in 1 contract
Action if Bankruptcy. If any Event of Default described in CLAUSES (a) through (d) of SECTION 8.1.9 Section 8.1.6 shall occur with respect to the Borrower or any Obligoroccur, the ------------- Commitments (if not theretofore therefore terminated) shall automatically terminate and the outstanding principal amount of all outstanding Loans and all other Obligations shall automatically be and become immediately due and payable, without presentment, demand, protest, notice of intent to accelerate, notice of acceleration, notice of any other kind or demand.
Appears in 1 contract
Sources: Loan Agreement (Amax Gold Inc)
Action if Bankruptcy. If any Event of Default described in CLAUSES (a) through (d) of SECTION 8.1.9 shall occur with respect to the Borrower or any Subsidiary or any other Obligor, the Commitments (if not theretofore terminated) shall automatically terminate and the outstanding principal amount of all outstanding Loans and all other Obligations shall automatically be and become immediately due and payable, without presentment, demand, protest, notice of intent to accelerate, notice of acceleration, notice of any other kind or demand.
Appears in 1 contract
Action if Bankruptcy. If any Event of Default described in CLAUSES (a) through (d) of SECTION 8.1.9 shall occur with respect to the Borrower or any Obligoroccur, the Commitments Commitment (if not theretofore terminated) shall automatically immediately terminate and the outstanding principal amount of all outstanding Loans the Loan and all other Obligations shall automatically be and become immediately due and payable, without presentment, demand, protest, notice of intent to accelerate, notice of acceleration, notice of any other kind or demand.
Appears in 1 contract
Action if Bankruptcy. If any Event of Default described in CLAUSES (a) through (d) of SECTION 8.1.9 shall occur with respect to the Borrower or any Obligor, the Commitments (if not theretofore terminated) shall automatically terminate and the outstanding principal amount of all outstanding Loans and all other Obligations shall automatically be and become immediately due and payable, without presentment, demand, protest, notice of intent to accelerate, notice of acceleration, notice of any other kind or demand.
Appears in 1 contract