Common use of Advances After Default Clause in Contracts

Advances After Default. Notwithstanding anything to the contrary herein, but subject, nevertheless, to Section 9.4 hereof, the Majority Banks may, but shall have no obligation of any kind whatsoever to, extend any credit or make any loan or advance to the Borrower under this Agreement, the Notes or any of the other Credit Documents so long as any Default or Event of Default shall have occurred and be continuing.

Appears in 2 contracts

Samples: Credit Agreement (Cerner Corp /Mo/), Credit Agreement (Cerner Corp /Mo/)

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Advances After Default. Notwithstanding anything to the contrary herein, but subject, nevertheless, to Section 9.4 hereof, the Majority Banks may, but shall have no obligation of any kind whatsoever to, extend any credit or make any loan or advance to the Borrower under this Agreement, the Revolving Credit Notes or any of the other Credit Documents so long as any Default or Event of Default (other than an Event of Default described in Section 7.1(h), 7.1(i) and 7.1(j) of this Agreement) shall have occurred and be continuing.

Appears in 2 contracts

Samples: Credit Agreement (CERNER Corp), Credit Agreement (Cerner Corp /Mo/)

Advances After Default. Notwithstanding anything to the contrary herein, but subject, nevertheless, to Section 9.4 hereof, the Majority Banks may, but shall have no obligation of any kind whatsoever to, extend any credit or make any loan or advance to the Borrower under this Agreement, the Notes or any of the other Credit Documents so long as any Default or Event of Default (other than an Event of Default described in Section 7.1(h), 7.1(i) and 7.1(j) of this Agreement) shall have occurred and be continuing.

Appears in 1 contract

Samples: Credit Agreement (Cerner Corp /Mo/)

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Advances After Default. Notwithstanding ------------------------ anything to the contrary herein, but subject, nevertheless, to Section 9.4 hereof, the Majority Banks may, but shall have no obligation of any kind whatsoever to, extend any credit or make any loan or advance to the Borrower under this Agreement, the Notes or any of the other Credit Documents so long as any Default or Event of Default shall have occurred and be continuing.

Appears in 1 contract

Samples: Credit Agreement (Cerner Corp /Mo/)

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