Common use of Authorization to Administrative Agent Clause in Contracts

Authorization to Administrative Agent. If, while any Subordinated Debt is outstanding, any Insolvency Proceeding is commenced by or against the Borrower or its property:

Appears in 7 contracts

Samples: Credit Agreement (Cnet Networks Inc), Guaranty (Pacer International Inc), Guaranty (Cadence Design Systems Inc)

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Authorization to Administrative Agent. If, while any Subordinated Debt is outstanding, any Insolvency Proceeding is commenced by or against the Borrower Company or its property:

Appears in 3 contracts

Samples: Credit Agreement (Bre Properties Inc /Md/), Guaranty (Storage Technology Corp), Credit Agreement (Bre Properties Inc /Md/)

Authorization to Administrative Agent. If, while any Subordinated Debt is outstanding, any Insolvency Proceeding is commenced by or against the any Borrower or its property:

Appears in 3 contracts

Samples: Credit Agreement (Imation Corp), Credit Agreement (Imation Corp), Credit Agreement (Imation Corp)

Authorization to Administrative Agent. If, while any US Subordinated Debt is outstanding, any Insolvency Proceeding is commenced by or against the any US Borrower or its property:

Appears in 2 contracts

Samples: Security and Pledge Agreement (Imation Corp), Credit Agreement (Imation Corp)

Authorization to Administrative Agent. If, while any Subordinated Debt is outstandingoutstanding and while an Event of Default exists, any Insolvency Proceeding is commenced by or against the Borrower any Designated Obligor or its property:

Appears in 1 contract

Samples: Credit Agreement (Jacobs Solutions Inc.)

Authorization to Administrative Agent. If, while any Subordinated Debt is outstanding, any Insolvency Proceeding is commenced by or against the Company or its property or any Designated Borrower or its property:

Appears in 1 contract

Samples: Subsidiary Guaranty (Verisign Inc/Ca)

Authorization to Administrative Agent. If, while any Subordinated Debt is outstandingoutstanding and while an Event of Default exists, any Insolvency Proceeding is commenced by or against the Borrower any Subsidiary Obligor or its property:

Appears in 1 contract

Samples: Credit Agreement (Jacobs Engineering Group Inc /De/)

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Authorization to Administrative Agent. If, while any Subordinated Debt is outstanding, any Insolvency Proceeding is commenced by or against the any Designated Borrower or its property:

Appears in 1 contract

Samples: Company Guaranty (Verisign Inc/Ca)

Authorization to Administrative Agent. If, while any Subordinated Debt is outstandingoutstanding and while an Event of Default exists, any Insolvency Proceeding is commenced by or against the Borrower Company or its property:

Appears in 1 contract

Samples: Term Loan Agreement (Jacobs Solutions Inc.)

Authorization to Administrative Agent. If, while any Subordinated Debt is outstanding, any Insolvency Proceeding is commenced by or against the any Borrower or its propertyrespective property constituting an Event of Default:

Appears in 1 contract

Samples: Credit Agreement (Catellus Development Corp)

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