Rate Management Obligation. Nonpayment by such Borrower or any of its Subsidiaries of any Rate Management Obligation in respect of any Rate Management Transaction entered into between such Borrower or any of its Subsidiaries and any Lender or Affiliate thereof with respect to the Obligations under this Agreement when due or the breach by such Borrower or any of its Subsidiaries of any material term, provision or condition contained in any Rate Management Transaction entered into with respect to the Obligations under this Agreement.
Appears in 5 contracts
Sources: 364 Day Credit Agreement (Nationwide Financial Services Inc/), Credit Agreement (Nationwide Financial Services Inc/), 364 Day Credit Agreement (Nationwide Financial Services Inc/)
Rate Management Obligation. Nonpayment by such the Borrower or any of its Subsidiaries Subsidiary of any Rate Management Obligation in respect of any Rate Management Transaction entered into between such Borrower or any of its Subsidiaries and any Lender or Affiliate thereof with respect to the Obligations under this Agreement when due or the breach by such the Borrower or any of its Subsidiaries Subsidiary of any material term, provision or condition contained in any Rate Management Transaction entered into with respect to Transaction, and such default continues after the Obligations under this Agreementapplicable grace period applicable thereto.
Appears in 5 contracts
Sources: Credit Agreement (FBL Financial Group Inc), Credit Agreement (Argonaut Group Inc), Credit Agreement (Insurance Auto Auctions Inc /Ca)
Rate Management Obligation. Nonpayment by such Borrower or any of its Subsidiaries of any Rate Management Obligation in respect of any Rate Management Transaction entered into between such Borrower or any of its Subsidiaries and any Lender or Affiliate thereof with respect to the Obligations under this Agreement when due or the breach by such Borrower or any of its Subsidiaries of any material term, provision or condition contained in any Rate Management Transaction entered into with respect Agreement subject to the Obligations under this Agreementany applicable cure period.
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