Common use of Events of Default Hereunder Clause in Contracts

Events of Default Hereunder. As used herein, “event of default” means an Event of Default under the Credit Agreement. In case any “event of default” shall occur and be continuing, then and in any such event the Administrative Agent at its option may, as provided in the Credit Agreement, declare the entire unpaid principal of and the interest accrued on the Notes and all other Indebtedness secured hereby to be forthwith due and payable, without any notice or demand of any kind, both of which are hereby expressly waived.