Common use of ALLY Cross-Default Clause in Contracts

ALLY Cross-Default. ALLY does either of the following: (A) suspends, withdraws, or terminates making advances on the ALLY Loan Agreements or (B) reduces or restricts the availability of funds to Supreme Indiana under the ALLY Loan Agreements, or alters the conditions to making advances under the ALLY Loan Agreements in a manner that has a material adverse effect on the acquisition of Pool Units by Supreme Indiana.

Appears in 2 contracts

Sources: Credit Agreement (Supreme Industries Inc), Credit Agreement (Supreme Industries Inc)