Certain Conditions. Notwithstanding any other provision of this Agreement, no Lender shall have an obligation to make any Loan, if an Event of Default or Unmatured Event of Default has occurred and is continuing.
Appears in 5 contracts
Sources: Credit Agreement (Penske Automotive Group, Inc.), Credit Agreement (Penske Automotive Group, Inc.), Credit Agreement (Penske Automotive Group, Inc.)
Certain Conditions. Notwithstanding any other provision of this Agreement, no Lender shall have an obligation to make any Loan, and no Issuing Lender shall have any obligation to issue any Letter of Credit, if an Event of Default or Unmatured Event of Default has occurred and is continuingexists.
Appears in 4 contracts
Sources: Credit Agreement (Regal Beloit Corp), Credit Agreement (Regal Beloit Corp), Credit Agreement (Regal Beloit Corp)
Certain Conditions. Notwithstanding any other provision of this Agreement, no Lender shall have an obligation to make any LoanLoan and the Issuing Lender shall not have any obligation to issue any Letter of Credit, if an Event of Default or Unmatured Event of Default has occurred and is continuing.
Appears in 4 contracts
Sources: Credit Agreement (Penske Automotive Group, Inc.), Credit Agreement (United Auto Group Inc), Credit Agreement (United Auto Group Inc)
Certain Conditions. Notwithstanding any other provision of this Agreement, no Lender shall have an obligation to make any Loan, Loan if an a Default or Event of Default exists or Unmatured Event would exist immediately after the making of Default has occurred and is continuingsuch Loan.
Appears in 1 contract
Sources: Loan and Security Agreement (Microvast Holdings, Inc.)
Certain Conditions. Notwithstanding any other provision of this Agreement, no the Lender shall not have an obligation to make any Loan, Loan if an Event of Default or Unmatured Event of Default has occurred and is continuingexists.
Appears in 1 contract
Sources: Credit Agreement (Weyco Group Inc)