Common use of Action if Bankruptcy Clause in Contracts

Action if Bankruptcy. If any Event of Default described in Section 8.1(f) shall occur, the outstanding principal amount of the Notes and all other Obligations shall automatically be and become immediately due and payable, without notice or demand.

Appears in 2 contracts

Samples: Note Purchase Agreement (Lapolla Industries Inc), Note Purchase Agreement (Lapolla Industries Inc)

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Action if Bankruptcy. If any Event of Default described in -------------------- Section 8.1(f) 8.1.4 shall occuroccur with respect to the Borrower, the outstanding ------------- principal amount of the all outstanding Notes and all other Obligations Liabilities shall automatically be and become immediately due and payable, without notice or demand.

Appears in 2 contracts

Samples: Senior Revolving Loan Agreement (Consol Energy Inc), Consol Energy Inc

Action if Bankruptcy. If any Event of Default described in -------------------- clauses (a) through (d) of Section 8.1(f) 8.1.9 shall occur, the outstanding principal ----------- --- ------------- amount of the Notes all outstanding Loans and all other Obligations shall automatically be and become immediately due and payable, and the Commitments shall automatically be terminated, without notice or demand.

Appears in 2 contracts

Samples: Security Agreement (Aristotle Corp), Credit Agreement (Aristotle Corp)

Action if Bankruptcy. If any Event of Default described in -------------------- Section 8.1(f) 10.1.8 shall occur, the outstanding principal amount of the all outstanding -------------- Notes and all other Obligations Subordinated Debt shall automatically be and become immediately due and payable, without notice or demand.

Appears in 1 contract

Samples: Note Purchase Agreement (Matthews Studio Equipment Group)

Action if Bankruptcy. If any Event of Default described in clauses (a) through (d) of Section 8.1(f) 7.1.3 shall occur, the outstanding principal amount of the all outstanding Series No. 1 Notes and all other Obligations shall automatically be and become immediately due and payable, without notice or demand.

Appears in 1 contract

Samples: Note Purchase Agreement (MCM Capital Group Inc)

Action if Bankruptcy. If any Event of Default described in clause (a) or (b) of Section 8.1(f) 9.1.8 shall occur, the outstanding principal amount of the of, and accrued and unpaid interest on, all outstanding Notes and all other Obligations shall automatically be and become immediately due and payable, without notice or demand.

Appears in 1 contract

Samples: Securities Purchase Agreement (Affiliated Managers Group Inc)

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Action if Bankruptcy. If any Event of Default described in clauses (a) through (d) of Section 8.1(f) 7.1.3 shall occur, the outstanding principal amount of the all outstanding Notes and all other Obligations shall automatically be and become immediately due and payable, without notice or demand.

Appears in 1 contract

Samples: Purchase Agreement (Apparel Ventures Inc)

Action if Bankruptcy. If any Event of Default described in Section 8.1(f) 8.1.4 shall occur, the outstanding principal amount of the all outstanding Notes and all other Obligations Liabilities shall automatically be and become immediately due and payable, without notice or demand.

Appears in 1 contract

Samples: Loan Agreement (Oglebay Norton Co)

Action if Bankruptcy. If any Event of Default described in clauses (a) through (d) of Section 8.1(f) 9.1.8 shall occur, the outstanding principal amount of the all outstanding Notes and all other Obligations shall automatically be and become immediately due and payable, without notice or demand.

Appears in 1 contract

Samples: Amended And (Ladish Co Inc)

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