Common use of Action if Other Event of Default Clause in Contracts

Action if Other Event of Default. If any Event of Default (other than an Event of Default described in clauses (a), through (d) of Section 8.1.9) shall occur for any reason, whether voluntary or involuntary, and be continuing, the Administrative Agent, upon the direction of the Required Lenders, shall by notice to the Borrower declare all or any portion of the outstanding principal amount of the Loans and other Obligations (including Reimbursement Obligations) to be due and payable, require the Borrower to provide cash collateral to be deposited with the Administrative Agent in an amount equal to the undrawn amount of all Letters of Credit outstanding and/or declare the Commitments (if not theretofore terminated) to be terminated, whereupon the full unpaid amount of such Loans and other Obligations which shall be so declared due and payable shall be and become immediately due and payable, without further notice, demand or presentment, and/or, as the case may be, the Commitments shall terminate and the Borrower shall deposit with the Administrative Agent cash collateral in an amount equal to the undrawn amount of all Letters of Credit outstanding.

Action if Other Event of Default. If any Event of Default (other than an Event of Default described in clauses (ab), through (c) and (d) of Section 8.1.98.1.9 with respect to any Obligor (other than Subsidiaries that are not Material Subsidiaries)) shall occur for any reason, whether voluntary or involuntary, and be continuing, the Administrative Agent, upon the direction of the Required Lenders, shall by notice to the Borrower declare all or any portion of the outstanding principal amount of the Loans and other Obligations (including Reimbursement Obligations) to be due and payable, require the Borrower to provide cash collateral to be deposited with the Administrative Agent in an amount equal to the undrawn amount of all Letters of Credit outstanding and/or declare the Commitments (if not theretofore terminated) to be terminated, whereupon the full unpaid amount of such Loans and other Obligations which shall be so declared due and payable shall be and become immediately due and payable, without further notice, demand or presentment, and/or, as the case may be, the Commitments shall terminate and the Borrower shall deposit with the Administrative Agent cash collateral in an amount equal to the undrawn amount of all Letters of Credit outstandingOutstandings.

Action if Other Event of Default. If any Event of Default (other than an any Event of Default described in clauses (a), ) through (d) of Section 8.1.99.1.9 with respect to the Borrower or any Subsidiary or any other Obligor) shall occur for any reason, whether voluntary or involuntary, and be continuing, the Administrative Agent, upon the direction of the Required Lenders, shall by notice to the Borrower declare all or any portion of the outstanding principal amount of the Loans and other Obligations (including Reimbursement Obligations) to be due and payable, require the Borrower to provide cash collateral to be deposited with the Administrative Agent in an amount equal to the undrawn amount Stated Amount of all issued Letters of Credit outstanding and/or declare the Commitments (if not theretofore terminated) to be terminated, whereupon the full unpaid amount of such Loans and other Obligations which shall be so declared due and payable shall be and become immediately due and payable, without further notice, demand or presentment, and/or, as the case may be, the Commitments shall terminate and the Borrower shall deposit with the Administrative Agent cash collateral in an amount equal to the undrawn amount Stated Amount of all issued Letters of Credit outstandingand/or, as the case may be, the Commitments shall terminate.

Action if Other Event of Default. If any Event of Default (other than an Event of Default described in clauses (ab), through (c) and (d) of Section 8.1.98.1.9 with respect to any Obligor (other than immaterial Subsidiaries)) shall occur for any reason, whether voluntary or involuntary, and be continuing, the Administrative Agent, upon the direction of the Required Lenders, shall by notice to the Borrower declare all or any portion of the outstanding principal amount of the Loans and other Obligations (including Reimbursement Obligations) to be due and payable, require the Borrower to provide cash collateral to be deposited with the Administrative Agent in an amount equal to the undrawn amount of all Letters of Credit outstanding and/or declare the Commitments (if not theretofore terminated) to be terminated, whereupon the full unpaid amount of such Loans and other Obligations which shall be so declared due and payable shall be and become immediately due and payable, without further notice, demand or presentment, and/or, as the case may be, the Commitments shall terminate and the Borrower shall deposit with the Administrative Agent cash collateral in an amount equal to the undrawn amount of all Letters of Credit outstandingoutstanding and/or, as the case may be, the Commitments shall terminate.

Action if Other Event of Default. If any Event of Default (other than an any Event of Default described in clauses (a), ) through (d) of Section 8.1.98.1.9 with respect to the Borrower) or, prior to Disqualifying Condition Termination, with respect to EPL) shall occur for any reason, whether voluntary or involuntary, and be continuing, the Administrative Agent, upon the direction of the Required Lenders, shall by notice to the Borrower or EPL, as applicable, declare all or any portion of the outstanding principal amount of the Loans and other Obligations (including Reimbursement Obligations) to be due and payable, require the Borrower to provide cash collateral to be deposited with the Administrative Agent in an amount equal to the undrawn amount of all Letters of Credit outstanding payable and/or declare the Commitments (if not theretofore terminated) to be terminated, whereupon the full unpaid amount of such Loans and other Obligations which that shall be so declared due and payable shall be and become immediately due and payable, without further notice, demand or presentment, and/or, as the case may be, the Commitments shall terminate and the Borrower shall deposit with the Administrative Agent cash collateral in an amount equal and each other Obligor (other than, prior to the undrawn amount of Disqualifying Condition Termination, the EPL Obligors) shall automatically and immediately be obligated to Cash Collateralize all Letters Letter of Credit outstandingOutstandings.

Action if Other Event of Default. If any Event of Default (other than an any Event of Default described in clauses (a), ) through (d) of Section 8.1.99.1.9 with respect to WWI or any Subsidiary or any other Obligor) shall occur for any reason, whether voluntary or involuntary, and be continuing, the Administrative Agent, upon the direction of the Required Lenders, shall by notice to the Borrower WWI declare all or any portion of the outstanding principal amount of the Loans and other Obligations (including Reimbursement Obligations) to be due and payable, require the Borrower Borrowers to provide cash collateral to be deposited with the Administrative Agent in an amount equal to the undrawn amount Stated Amount of all issued Letters of Credit outstanding and/or declare the Commitments (if not theretofore terminated) to be terminated, whereupon the full unpaid amount of such Loans and other Obligations which shall be so declared due and payable shall be and become immediately due and payable, without further notice, demand or presentment, and/or, as the case may be, the Commitments shall terminate and the Borrower Borrowers shall deposit with the Administrative Agent cash collateral in an amount equal to the undrawn amount Stated Amount of all issued Letters of Credit outstandingand/or, as the case may be, the Commitments shall terminate.

Action if Other Event of Default. If any Event of Default (other than an any Event of Default described in clauses CLAUSES (a), A) through (dD) of Section 8.1.9SECTION 9.1.9 with respect to WWI or any Subsidiary or any other Obligor) shall occur for any reason, whether voluntary or involuntary, and be continuing, the Administrative Agent, upon the direction of the Required Lenders, shall by notice to the Borrower WWI declare all or any portion of the outstanding principal amount of the Loans and other Obligations (including Reimbursement Obligations) to be due and payable, require the Borrower Borrowers to provide cash collateral to be deposited with the Administrative Agent in an amount equal to the undrawn amount Stated Amount of all issued Letters of Credit outstanding and/or declare the Commitments (if not theretofore terminated) to be terminated, whereupon the full unpaid amount of such Loans and other Obligations which shall be so declared due and payable shall be and become immediately due and payable, without further notice, demand or presentment, and/or, as the case may be, the Commitments shall terminate and the Borrower Borrowers shall deposit with the Administrative Agent cash collateral in an amount equal to the undrawn amount Stated Amount of all issued Letters of Credit outstanding.and/or, as the case may be, the Commitments shall terminate. -104-

Action if Other Event of Default. If any Event of Default (other than an any Event of Default described in clauses (a), ) through (d) of Section 8.1.98.1.9 with respect to the Borrowers) shall occur for any reason, whether voluntary or involuntary, and be continuing, the Administrative Agent, upon the direction of the Required Lenders (or, solely with respect to an Event of Default under Section 8.1.3 due solely to the applicable Borrower’s failure to observe the covenants contained in Section 7.2.4, (a) at the request of the Required Revolving Lenders and (b) after such request by the Required Revolving Lenders and subject in all respects to the terms set forth in Section 7.2.4, at the request of the Required Term Lenders), shall by notice to the Borrower Company declare all or any portion of the outstanding principal amount of the Loans and other Obligations (including Reimbursement Obligations, but excluding Hedging Obligations and Cash Management Obligations) to be due and payable, require the Borrower to provide cash collateral to be deposited with the Administrative Agent in an amount equal to the undrawn amount of all Letters of Credit outstanding payable and/or declare the Commitments (if not theretofore terminated) to be terminated, whereupon the full unpaid amount of such Loans and other Obligations which shall be so declared due and payable shall be and become immediately due and payable, without further notice, demand or presentment, and/or, as the case may be, the Commitments shall terminate and the Borrower Borrowers shall deposit with automatically and immediately be obligated to Cash Collateralize all Letter of Credit Outstandings, and the Administrative Agent cash collateral and the Collateral Agent shall have the right to take any or all actions and exercise any or all remedies available to a secured party under the Loan Documents or applicable law or in an amount equal to the undrawn amount of all Letters of Credit outstandingequity.

Action if Other Event of Default. If any Event of Default (other than an Event of Default described in clauses (a), ) through (d) of Section 8.1.9) shall occur for any reason, whether voluntary or involuntary, and be continuing, the Administrative Agent, upon the direction of the Required Lenders, shall by notice to the Borrower declare all or any portion of the outstanding principal amount of the Loans and other Obligations (including Reimbursement Obligations) to be due and payable, require the Borrower to provide cash collateral to be deposited with the Administrative Agent in an amount equal to the undrawn amount of all Letters of Credit outstanding and/or declare the Commitments (if not theretofore terminated) to be terminated, whereupon the full unpaid amount of such Loans and other Obligations which shall be so declared due and payable shall be and become immediately due and payable, without further notice, demand or presentment, and/or, as the case may be, the Commitments shall terminate and the Borrower shall deposit with the Administrative Agent cash collateral in an amount equal to the undrawn amount of all Letters of Credit outstandingOutstandings.

Action if Other Event of Default. If any Event of Default (other than an Event of Default described in clauses (ab), through (c) and (d) of Section 8.1.98.1.9 with respect to any Obligor (other than immaterial Subsidiaries)) shall occur for any reason, whether voluntary or involuntary, and be continuing, the Administrative Agent, upon the direction of the Required Lenders, shall by notice to the Borrower declare all or any portion of the outstanding principal amount of the Loans and other Obligations (including Reimbursement Obligations) to be due and payable, require the Borrower to provide cash collateral to be deposited with the Administrative Agent in an amount equal to the undrawn amount of all Letters of Credit outstanding and/or declare the Commitments (if not theretofore terminated) to be terminated, whereupon the full unpaid amount of such Loans and other Obligations which shall be so declared due and payable shall be and become immediately due and payable, without further notice, demand or presentment, and/or, as the case may be, the Commitments shall terminate and the Borrower shall deposit with the Administrative Agent cash collateral in an amount equal to the undrawn amount of all Letters of Credit outstandingOutstandings.

Action if Other Event of Default. If any Event of Default (other than an any Event of Default described in clauses (a), through (d) of Section 8.1.98.2) shall occur for any reason, whether voluntary or involuntary, and be continuing, the Administrative Agent, upon Agent at the direction request of the Required LendersLenders shall, shall by notice to the Borrower declare Borrower, take any or all or any portion of the following actions, at the same or different times: (i) [Reserved] and (ii) declare the Loans then outstanding to be due and payable in whole (or in part, in which case any principal amount not so declared to be due and payable may thereafter be declared to be due and payable), and thereupon the principal of the Loans and other Obligations (including Reimbursement Obligations) so declared to be due and payable, require together with accrued interest thereon and all fees and other obligations of the Borrower to provide cash collateral to be deposited with accrued hereunder, shall become due and payable immediately, without presentment, demand, protest or other notice of any kind, all of which are hereby waived by the Borrower. Without limiting the foregoing, the Administrative Agent in an amount equal to and the undrawn amount of all Letters of Credit outstanding and/or declare the Commitments (if not theretofore terminated) to be terminated, whereupon the full unpaid amount of such Loans and other Obligations which Lenders shall be so declared due entitled to exercise any and payable shall be all other remedies available to them under the Loan Documents and become immediately due and payable, without further notice, demand or presentment, and/or, as the case may be, the Commitments shall terminate and the Borrower shall deposit with the Administrative Agent cash collateral in an amount equal to the undrawn amount of all Letters of Credit outstandingapplicable law.

Action if Other Event of Default. If any Event of Default (other than an Event of Default described in clauses (ab), through (c) and (d) of Section 8.1.9) shall occur for any reason, whether voluntary or involuntary, and be continuing, the Administrative Agent, upon the direction of the Required Lenders, shall by notice to the Borrower Company declare all or any portion of the outstanding principal amount of the Loans and other Obligations (including Reimbursement Obligations) to be due and payable, require the Borrower applicable Borrowers to provide cash collateral (in the relevant Currency) to be deposited with the Administrative Agent in an amount equal to the undrawn amount of all Letters of Credit outstanding and/or declare the Commitments (if not theretofore terminated) to be terminated, whereupon the full unpaid amount of such Loans and other Obligations which shall be so declared due and payable shall be and become immediately due and payable, without further notice, demand or presentment, and/or, as the case may be, the Commitments shall terminate and the Borrower applicable Borrowers shall deposit with the Administrative Agent cash collateral (in the relevant Currency) in an amount equal to the undrawn amount of all Letters Letter of Credit outstandingOutstandings.

Action if Other Event of Default. If any Event of Default (other than an any Event of Default described in clauses (a), ) through (d) of Section 8.1.9) shall occur for any reason, whether voluntary or involuntary, and be continuing, the Administrative Agent, upon the direction of the Required Lenders, shall by notice to the Borrower Borrowers declare all or any portion of the outstanding principal amount of the Loans and other Obligations (including Reimbursement Obligations) to be due and payable, require the Borrower Borrowers to provide cash collateral to be deposited with the Administrative Agent in an amount equal to the undrawn amount of all Letters Letter of Credit outstanding Outstandings and/or declare the Commitments (if not theretofore terminated) to be terminated, whereupon the full unpaid amount of such Loans and other Obligations which shall be so declared due and payable shall be and become immediately due and payable, without further notice, demand or presentment, and/or, as the case may be, the Commitments shall terminate and the Borrower Borrowers shall deposit with the Administrative Agent cash collateral in an amount equal to the undrawn amount of all Letters Letter of Credit outstandingOutstandings and/or, as the case may be, the Commitments shall ter- minate.

Action if Other Event of Default. If any Event of Default (other than an Event of Default described in clauses CLAUSES (aA), through (dD) of Section SECTION 8.1.9) shall occur for any reason, whether voluntary or involuntary, and be continuing, the Administrative Agent, upon the direction of the Required Lenders, shall by notice to the Borrower declare all or any portion of the outstanding principal amount of the Loans and other Obligations (including Reimbursement Obligations) to be due and payable, require the Borrower to provide cash collateral to be deposited with the Administrative Agent in an amount equal to the undrawn amount of all Letters of Credit outstanding and/or declare the Commitments (if not theretofore terminated) to be terminated, whereupon the full unpaid amount of such Loans and other Obligations which shall be so declared due and payable shall be and become immediately due and payable, without further notice, demand or presentment, and/or, as the case may be, the Commitments shall terminate and the Borrower shall deposit with the Administrative Agent cash collateral in an amount equal to the undrawn amount of all Letters of Credit outstanding.

Action if Other Event of Default. If any Event of Default (other than an Event of Default described in clauses (a), through (d) of Section 8.1.910.1.6) shall occur for any reason, whether voluntary or involuntary, and be continuing, the Administrative Agent, upon the direction of the Required LendersBanks, shall may, by giving notice to the Borrower Borrower, declare (a) all of the Commitments and all obligations to issue Letters of Credit to be terminated, whereupon the Commitments and all obligations to issue Letters of Credit shall be immediately terminated, and/or (b) all or any portion of the outstanding principal amount of the Loans and or the outstanding amount of any other Obligations (including Reimbursement Obligations) to be immediately due and payable, require whereupon all of the Commitments and all obligations to issue Letters of Credit shall terminate forthwith and such Loans and other Obligations, or, as the case may be, such portion thereof, shall be and become immediately due and payable, and the Borrower shall automatically become obligated to provide cash collateral to be deposited with the Administrative Agent in an amount equal to the undrawn amount of under all Letters of Credit outstanding and/or declare the Commitments Credit, in each case under clause (if not theretofore terminateda) to be terminated, whereupon the full unpaid amount of such Loans and other Obligations which shall be so declared due and payable shall be and become immediately due and payableor (b), without further notice, demand demand, presentment or presentment, and/or, as the case may be, the Commitments shall terminate and the Borrower shall deposit with the Administrative Agent cash collateral in an amount equal to the undrawn amount other action of all Letters of Credit outstandingany kind.

Action if Other Event of Default. If any Event of Default (other than an any Event of Default described in clauses CLAUSES (a), A) through (dD) of Section 8.1.9SECTION 9.1.9 with respect to WWI or any Subsidiary or any other Obligor) shall occur for any reason, whether voluntary or involuntary, and be continuing, the Administrative Agent, upon the direction of the Required Lenders, shall by notice to the Borrower WWI declare all or any portion of the outstanding principal amount of the Loans and other Obligations (including Reimbursement Obligations) to be due and payable, require the Borrower Borrowers to provide cash collateral to be deposited with the Administrative Agent in an amount equal to the undrawn amount Stated Amount of all issued Letters of Credit outstanding and/or declare the Commitments (if not theretofore terminated) to be terminated, whereupon the full unpaid amount of such Loans and other Obligations which shall be so declared due and payable shall be and become immediately due and payable, without further notice, demand or presentment, and/or, as the case may be, the Commitments shall terminate and the Borrower Borrowers shall deposit with the Administrative Agent cash collateral in an amount equal to the undrawn amount Stated Amount of all issued Letters of Credit outstandingand/or, as the case may be, the Commitments shall terminate.

Action if Other Event of Default. If any Event of Default (other than an any Event of Default described in clauses clause (a), through (b), (c) or (d) of Section 8.1.99.1.9 with respect to the Company) shall occur for any reason, whether voluntary or involuntary, and be continuing, the Administrative Agent, upon the direction of the Required Majority Lenders, shall (a) by notice to the Borrower Company declare all or any portion of the outstanding principal amount of the Loans Loans, the Reimbursement Obligations and other Obligations (including Reimbursement Obligations) to be due and payable, require the Borrower to provide cash collateral to be deposited with the Administrative Agent in an amount equal to the undrawn amount of all Letters of Credit outstanding payable and/or declare the Commitments (if not theretofore terminated) to be terminated, whereupon the full unpaid amount of such Loans Loans, the Reimbursement Obligations and other Obligations which shall be so declared due and payable shall be and become immediately due and payable, without further notice, demand or presentment, and/or, as the case may be, the Commitments shall terminate terminate, and (b) (i) by notice to the Borrower shall beneficiaries of outstanding Letters of Credit, accelerate the Drawings under such Letters of Credit and/or (ii) by notice to the Company require the Company to deposit with the Administrative Agent cash into a collateral in account an amount equal to the aggregate undrawn face amount of all outstanding Letters of Credit outstandingCredit.

Action if Other Event of Default. If any Event of Default (other than an Event of Default described in clauses CLAUSES (ab), through (c) and (d) of Section SECTION 8.1.9) shall occur for any reason, whether voluntary or involuntary, and be continuing, the Administrative Agent, upon the direction of the Required Lenders, shall by notice to the Borrower Company declare all or any portion of the outstanding principal amount of the Loans and other Obligations (including Reimbursement Obligations) to be due and payable, require the Borrower Company to provide cash collateral to be deposited with the Administrative Agent in an amount equal to the undrawn amount of all Letters of Credit outstanding and/or declare the Commitments (if not theretofore terminated) to be terminated, whereupon the full unpaid amount of such Loans and other Obligations which shall be so declared due and payable shall be and become immediately due and payable, without further notice, demand or presentment, and/or, as the case may be, the Commitments shall terminate and the Borrower Company shall deposit with the Administrative Agent cash collateral in an amount equal to the undrawn amount of all Letters of Credit outstandingOutstandings.

Action if Other Event of Default. If any Event of Default (other than an Event of Default described in clauses (ab), through (c) and (d) of Section 8.1.9) shall occur for any reason, whether voluntary or involuntary, and be continuing, the Administrative Agent, upon the direction of the Required Lenders, shall by notice to the Borrower Company declare all or any portion of the outstanding principal amount of the Loans and other Obligations (including Reimbursement Obligations) to be due and payable, require the Borrower applicable Borrowers to provide cash collateral (in the relevant Currency) to be deposited with the Administrative Agent in an amount equal to the undrawn amount of all Letters of Credit outstanding and/or declare the Commitments (if not theretofore terminated) to be terminated, whereupon the full unpaid amount of such Loans and other Obligations which shall be so declared due and payable shall be and become immediately due and payable, without further notice, demand or 149 158 presentment, and/or, as the case may be, the Commitments shall terminate and the Borrower applicable Borrowers shall deposit with the Administrative Agent cash collateral (in the relevant Currency) in an amount equal to the undrawn amount of all Letters of Credit outstandingOutstandings.

Action if Other Event of Default. If any Event of Default (other than an any Event of Default described in clauses (a), ) through (d) of Section 8.1.9) shall occur for any reason, whether voluntary or involuntary, and be continuing, the Administrative Paying Agent, upon the direction of the Required Lenders, shall by notice to the Borrower Parent declare all or any portion of the outstanding principal amount of the Loans and other Obligations (including Reimbursement Obligations) to be due and payable, require the Borrower Borrowers to provide cash collateral to be deposited with the Administrative Paying Agent in an amount equal to the undrawn amount of all Letters Letter of Credit outstanding Outstandings and/or declare the Commitments (if not theretofore terminated) to be terminated, whereupon the full unpaid amount of such Loans and other Obligations which shall be so declared due and payable shall be and become immediately due and payable, without further notice, demand or presentment, the Borrowers shall deposit with the Paying Agent cash collateral in an amount equal to the Letter of Credit Outstandings and/or, as the case may be, the Commitments shall terminate and the Borrower shall deposit with the Administrative Agent cash collateral in an amount equal to the undrawn amount of all Letters of Credit outstandingterminate.

Action if Other Event of Default. If any Event of Default (other than an any Event of Default described in clauses (a), through (d) of Section 8.1.97.1.4) shall occur for any reason, whether voluntary or involuntary, and be continuing, the Administrative AgentAgent may, and upon the direction of the Required Lenders, shall by upon notice to the Borrower or demand, (a) declare all or any portion of the outstanding principal amount of the Loans to be due and payable and any or all other Obligations (including Reimbursement Obligations) to be due and payable, require the Borrower to provide cash collateral to be deposited with the Administrative Agent in an amount equal to the undrawn amount of all Letters of Credit outstanding and/or declare the Commitments (if not theretofore terminated) to be terminated, whereupon the full unpaid amount of such Loans and any and all other Obligations which shall be so declared due and payable shall be and become immediately due and payable, without further notice, demand demand, or presentment, and/or, as the case may be, the Commitments shall terminate and (b) demand that the Borrower shall deposit with the Administrative Agent for the benefit of the Lenders, as cash collateral in collateral, an amount equal to the aggregate undrawn face amount of all Letters of Credit outstandingCredit, which amount shall become immediately due and payable by the Borrower and to the extent paid by the Borrower shall constitute a prepayment under this Agreement, (c) to the extent permitted under any Letter of Credit, require the beneficiary thereof to draw upon the undrawn face amount thereof, and (d) exercise any and all rights and remedies available under this Agreement or any other Loan Document, or available at law or in equity, at any time, in any order and in any combination.

Action if Other Event of Default. If any Event of Default (other than an Event of Default described in clauses (ab), through (c) and (d) of Section 8.1.98.1.9 with respect to any Obligor (other than Subsidiaries that are not Material Subsidiaries)) shall occur for any reason, whether voluntary or involuntary, and be continuing, the Administrative Agent, upon the direction of the Required Lenders, shall by notice to the Borrower declare all or any portion of the outstanding principal amount of the Loans and other Obligations (including Reimbursement Obligations) to be due and payable, require the Borrower to provide cash collateral to be deposited with the Administrative Agent in an amount equal to the undrawn amount of Cash Collateralize all Letters Letter of Credit outstanding Outstandings and/or declare the Commitments (if not theretofore terminated) to be terminated, whereupon the full unpaid amount of such Loans and other Obligations which shall be so declared due and payable shall be and become immediately due and payable, without further notice, demand or presentment, and/or, as the case may be, the Commitments shall terminate and the Borrower shall deposit with the Administrative Agent cash collateral in an amount equal automatically and immediately be obligated to the undrawn amount of Cash Collateralize all Letters Letter of Credit outstandingOutstandings.

Action if Other Event of Default. If any Event of Default (other than an any Event of Default described in clauses (a), ) through (d) of Section 8.1.9) shall occur for any reason, whether voluntary or involuntary, and be continuing, the Administrative Agent, upon the direction of the Required Lenders, shall by notice to the Borrower declare all or any portion of the outstanding principal amount of the Loans and other Obligations (including Reimbursement Obligations) to be due and payable, require the Borrower to provide cash collateral to be deposited with the Administrative Agent in an amount equal to the undrawn amount of all Letters Letter of Credit outstanding Outstandings, and/or declare the Commitments (if not theretofore terminated) to be terminated, whereupon the full unpaid amount of such Loans and other Obligations which shall be so declared due and payable shall be and become immediately due and payable, without further notice, demand or presentment, and/or, as the case may be, the Commitments shall terminate and the Borrower shall automatically and immediately be obligated to deposit with the Administrative Agent cash collateral in an amount equal to the undrawn amount of all Letters Letter of Credit outstandingOutstandings.

Action if Other Event of Default. If any Event of Default (other than an any Event of Default described in clauses (a), ) through (d) of Section 8.1.98.1.9 with respect to the Borrower or any of its Designated Subsidiaries other than UnitedAuto Finance Inc.) shall occur for any reason, whether voluntary or involuntary, and be continuing, the Administrative Agent, upon the direction of the Required Lenders, shall by notice to the Borrower declare all or any portion of the outstanding principal amount of the Loans and other Obligations (including Reimbursement Obligations) to be due and payable, require the Borrower to provide cash collateral to be deposited with the Administrative Agent in an amount equal to the undrawn amount of all Letters of Credit outstanding payable and/or declare the Commitments (if not theretofore terminated) to be terminated, whereupon the full unpaid amount of such Loans and other Obligations which shall be so declared due and payable shall be and become immediately due and payable, without further notice, demand or presentment, and/or, as the case may be, the Commitments shall terminate and the Borrower shall automatically and immediately be obligated to deposit with the Administrative Agent cash collateral in an amount equal to the undrawn amount of all Letters Letter of Credit outstandingOutstandings.