Acceleration Waivers Amendments and Remedies. 8.1. Acceleration;
Acceleration Waivers Amendments and Remedies. 8.1. Acceleration. If any Default described in Sections 7.7 or 7.8 occurs with respect to Borrower, the obligations of the Lenders to make Loans and to issue Facility Letters of Credit hereunder shall automatically terminate and the Facility Obligations shall immediately become due and payable without any election or action on the part of the Administrative Agent or any Lender. If any other Default occurs, so long as a Default exists Lenders shall have no obligation to make any Loans and the Required Lenders, at any time prior to the date that such Default has been fully cured, may permanently terminate the obligations of the Lenders to make Loans hereunder and declare the Facility Obligations to be due and payable, or both, whereupon if the Required Lenders elected to accelerate (i) the Facility Obligations shall become immediately due and payable, without presentment, demand, protest or notice of any kind, all of which Borrower hereby expressly waives and (ii) if any automatic or optional acceleration has occurred, the Administrative Agent, as directed by the Required Lenders (or if no such direction is given within 30 days after a request for direction, as the Administrative Agent deems in the best interests of the Lenders, in its sole discretion), shall use its good faith efforts to collect, including without limitation, by filing and diligently pursuing judicial action, all amounts owed by Borrower and any Subsidiary Guarantor under the Loan Documents. In addition to the foregoing, following the occurrence of a Default and so long as any Facility Letter of Credit has not been fully drawn and has not been cancelled or expired by its terms, upon demand by the Required Lenders Borrower shall deposit in the Letter of Credit Collateral Account cash in an amount equal to the aggregate undrawn face amount of all outstanding Facility Letters of Credit and all fees and other amounts due or which may become due with respect thereto. Borrower shall have no control over funds in the Letter of Credit Collateral Account and shall not be entitled to receive any interest thereon. Such funds shall be promptly applied by the Administrative Agent to reimburse the Issuing Bank for drafts drawn from time to time under the Facility Letters of Credit and associated issuance costs and fees. Such funds, if any, remaining in the Letter of Credit Collateral Account following the payment of all Facility Obligations in full shall, unless the Administrative Agent is otherwise dire...
Acceleration Waivers Amendments and Remedies. 8.1 Acceleration; Facility LC Collateral Account 62 8.2 Amendments 63 8.3 Preservation of Rights 64
Acceleration Waivers Amendments and Remedies. 8.1. Acceleration....................................................48 8.2. Amendments......................................................49 8.3.
Acceleration Waivers Amendments and Remedies. 8.1 Acceleration; Facility LC Collateral Account.
Acceleration Waivers Amendments and Remedies. Section 8.01.
Acceleration Waivers Amendments and Remedies. 8.1 Acceleration 8.2 Amendments
Acceleration Waivers Amendments and Remedies. 8.1 Acceleration. If any Default described in Section 7.6 or 7.7 occurs, the obligations of the Lenders to make Syndicated Loans hereunder shall automatically terminate and the Obligations shall immediately become due and payable without any election or action on the part of the Administrative Agent or any Lender, and without presentment, demand, protest or notice of any kind, all of which the Borrower hereby expressly waives. If any other Default occurs and is continuing (which Default has not been waived under the terms of Section 8.2) the Required Lenders may (a) terminate or suspend the obligations of the Lenders to make Syndicated Loans hereunder, or (b) declare the Obligations to be due and payable, whereupon the Obligations shall become immediately due and payable, without presentment, demand, protest or notice of any kind, all of which the Borrower hereby expressly waives, or (c) take the action described in both the preceding clause (a) and the preceding clause (b). If, within 30 days after acceleration of the maturity of the Obligations or termination of the obligations of the Lenders to make Syndicated Loans hereunder as a result of any Default (other than any Default as described in Section 7.6 or 7.7) and before any judgment or decree for the payment of the Obligations due shall have been obtained or entered, the Required Lenders (in their sole discretion) shall so direct, the Administrative Agent shall, by notice to the Borrower, rescind and annul such acceleration and/or termination.
Acceleration Waivers Amendments and Remedies. 46 8.1. Acceleration; Facility LC Collateral Account......................46 8.2. Amendments........................................................47 8.3.
Acceleration Waivers Amendments and Remedies. 71 8.1. Acceleration; Remedies 71 8.2. Application of Funds 73 8.3. Amendments 74 8.4. Preservation of Rights 75 ARTICLE IX GENERAL PROVISIONS 75 9.1. Survival of Representations 75 9.2. Governmental Regulation 75 9.3. Headings 75 9.4. Entire Agreement 75 9.5. Several Obligations; Benefits of this Agreement 75 9.6. Expenses; Indemnification 76 9.7. Numbers of Documents 77 9.8. Accounting 77 9.9. Severability of Provisions 77 9.10. Nonliability of Lenders 78 9.11. Confidentiality 78 9.12. Nonreliance 79 9.13. Disclosure 79 9.14. USA PATRIOT ACT NOTIFICATION 79 9.15. Acknowledgement and Consent to Bail-In of EEA Financial Institutions 79 9.16. Acknowledgment Regarding Any Supported QFCs 79 ARTICLE X THE ADMINISTRATIVE AGENT 81 10.1. Appointment; Nature of Relationship 81 10.2. Powers 81 10.3. General Immunity 81 10.4. No Responsibility for Loans, Recitals, etc 81 10.5. Action on Instructions of Lenders 82
