Common use of Standstill Termination Date Clause in Contracts

Standstill Termination Date. As used in this Forbearance Agreement, “Standstill Termination Date” shall mean the earliest of (i) January 31, 2011, (ii) the date on which any Event of Default under the Credit Agreement other than the Specified Event Default shall occur, (iii) the date on which any breach by Holdings or the Borrower of any of the covenants set forth in Section 4 of this Forbearance Agreement shall occur (or, in the case of the covenants set forth in subclause (v) of such Section 4, the date that is two calendar days following any breach thereof unless such breach has been remedied on or prior to such date), (iv) the date on which the holders of the Senior Notes or the trustee under the Senior Note Indenture shall (A) accelerate obligations under the Senior Notes pursuant to Section 6.02 of the Senior Notes Indenture or (B) exercise any available remedy at law or in equity before a court of competent jurisdiction to collect the payment of obligations under the Senior Notes or to enforce the performance of any provision of the Senior Notes or the Senior Notes Indenture pursuant to Section 6.03 of the Senior Notes Indenture and (v) the date on which the Second Lien Lenders, the administrative agent or the collateral agent under the Second Lien Loan Documents shall (A) accelerate obligations under the Senior Lien Credit Agreement pursuant to Section 8.02(b) of the Second Lien Credit Agreement or (B) enforce any rights and interests created and existing under the Second Lien Loan Documents pursuant to Section 8.02(d) of the Second Lien Credit Agreement. The occurrence of the Standstill Termination Date shall be deemed an Event of Default under the Credit Agreement. Upon the occurrence of the Standstill Termination Date, the Standstill Period shall automatically terminate and the Lenders shall, at any time thereafter, be permitted and entitled under Section 8.02 of the Credit Agreement to, among other things, terminate the Commitments, accelerate the Loans, require cash collateral for L/C Obligations, enforce the Liens granted under the Collateral Documents and exercise all other rights and remedies available under the Loan Documents or applicable law.

Standstill Termination Date. As used in this Second Forbearance Agreement, “Standstill Termination Date” shall mean the earliest of (i) January 31▇▇▇▇▇ ▇, 2011▇▇▇▇, (ii▇▇) the date on which any Event of Default under the Credit Agreement other than the Specified Event Default shall occur, (iii) the date on which any breach by Holdings or the Borrower of any of the covenants set forth in Section 4 5 of this Second Forbearance Agreement shall occur (or, in the case of the covenants set forth in subclause clauses (ve), (f), (g), (h), (i) and (j) of such Section 45, the date that is two calendar days following any breach thereof unless such breach has been remedied on or prior to such date), (iv) the date on which the holders of the Senior Notes or the trustee under the Senior Note Indenture shall (Aa) accelerate obligations under the Senior Notes pursuant to Section 6.02 of the Senior Notes Indenture or (Bb) exercise any available remedy at law or in equity before a court of competent jurisdiction to collect the payment of obligations under the Senior Notes or to enforce the performance of any provision of the Senior Notes or the Senior Notes Indenture pursuant to Section 6.03 of the Senior Notes Indenture and (v) the date on which the Second Lien Lenders, the administrative agent or the collateral agent under the Second Lien Loan Documents shall (Aa) accelerate obligations under the Senior Lien Credit Agreement pursuant to Section 8.02(b) of the Second Lien Credit Agreement or (Bb) enforce any rights and interests created and existing under the Second Lien Loan Documents pursuant to Section 8.02(d) of the Second Lien Credit Agreement. The occurrence of the Standstill Termination Date shall be deemed an Event of Default under the Credit Agreement. Upon the occurrence of the Standstill Termination Date, the Standstill Period shall automatically terminate and the Lenders shall, at any time thereafter, be permitted and entitled under Section 8.02 of the Credit Agreement to, among other things, terminate the Commitments, accelerate the Loans, require cash collateral for L/C Obligations, enforce the Liens granted under the Collateral Documents and exercise all other rights and remedies available under the Loan Documents or applicable law.

Standstill Termination Date. As used in this Third Forbearance Agreement, “Standstill Termination Date” shall mean the earliest of (i) January 31▇▇▇▇▇ ▇, 2011▇▇▇▇, (ii▇▇) the date on which any Event of Default under the Credit Agreement other than the Specified Event Events Default shall occur, (iii) the date on which any breach by Holdings or the Borrower of any of the covenants set forth in Section 4 5 of this Third Forbearance Agreement shall occur (or, in the case of the covenants set forth in subclause clauses (vf) and (i) of such Section 45, the date that is two calendar days following any breach thereof unless such breach has been remedied on or prior to such date), (iv) the date on which the holders of the Senior Notes or the trustee under the Senior Note Indenture shall (Aa) accelerate obligations under the Senior Notes pursuant to Section 6.02 of the Senior Notes Indenture or (Bb) exercise any available remedy at law or in equity before a court of competent jurisdiction to collect the payment of obligations under the Senior Notes or to enforce the performance of any provision of the Senior Notes or the Senior Notes Indenture pursuant to Section 6.03 of the Senior Notes Indenture and (v) the date on which the Second Lien Lenders, the administrative agent or the collateral agent under the Second Lien Loan Documents shall (Aa) accelerate obligations under the Senior Lien Credit Agreement pursuant to Section 8.02(b) of the Second Lien Credit Agreement or (Bb) enforce any rights and interests created and existing under the Second Lien Loan Documents pursuant to Section 8.02(d) of the Second Lien Credit Agreement. The occurrence of the Standstill Termination Date shall be deemed an Event of Default under the Credit Agreement. Upon the occurrence of the Standstill Termination Date, the Standstill Period shall automatically terminate and the Lenders shall, at any time thereafter, be permitted and entitled under Section 8.02 of the Credit Agreement to, among other things, terminate the Commitments, accelerate the Loans, require cash collateral for L/C Obligations, enforce the Liens granted under the Collateral Documents and exercise all other rights and remedies available under the Loan Documents or applicable law.