Common use of Bankruptcy Defaults Clause in Contracts

Bankruptcy Defaults. When any Event of Default described in subsections (f) or (g) of Section 8.1 hereof has occurred and is continuing, then all outstanding Loans, including both interest and principal thereon, and all other Obligations shall immediately become due and payable together with all other amounts payable under the Credit Documents without presentment, demand, protest or notice of any kind, the obligation of the Lenders to extend further credit pursuant to any of the terms hereof shall immediately terminate.

Appears in 26 contracts

Sources: Credit Agreement (Nicor Inc), Credit Agreement (Northern Illinois Gas Co /Il/ /New/), Credit Agreement (Nicor Inc)

Bankruptcy Defaults. When any Event of Default described in subsections (f) or (g) of Section 8.1 hereof has occurred and is continuing, then all outstanding Loans, including both interest and principal thereon, and all other Obligations Notes shall immediately become due and payable together with all other amounts payable under the Credit Documents without presentment, demand, protest or notice of any kind, kind and the obligation of the Lenders Banks to extend further credit pursuant to any of the terms hereof shall immediately terminate.

Appears in 7 contracts

Sources: Credit Agreement (Peoples Energy Corp), Credit Agreement (North Shore Gas Co /Il/), Credit Agreement (Peoples Energy Corp)

Bankruptcy Defaults. When any Event of Default described in subsections (fj) or (gk) of Section 8.1 9.1 hereof has occurred and is continuing, then all outstanding Loans, including both interest and principal thereon, and all other Obligations Revolving Loans shall immediately become due and payable together with all other amounts payable under the Credit Loan Documents without presentment, demand, protest or notice of any kind, the obligation of the Lenders to extend further credit pursuant to any of the terms hereof shall immediately terminateterminate and the Borrower shall immediately pay to the Administrative Agent the full amount then available for drawing under all outstanding Letters of Credit.

Appears in 6 contracts

Sources: Credit Agreement (CTO Realty Growth, Inc.), Credit Agreement (Alpine Income Property Trust, Inc.), Credit Agreement (Alpine Income Property Trust, Inc.)

Bankruptcy Defaults. When any Event of Default described in subsections (fj) or (gk) of Section 8.1 9.1 hereof with respect to the Borrower has occurred and is continuing, then all outstanding Loans, including both interest and principal thereon, and all other Obligations Loans shall immediately become due and payable together with all other amounts payable under the Credit Loan Documents without presentment, demand, protest or notice of any kind, the obligation of the Lenders to extend further credit pursuant to any of the terms hereof shall immediately terminate.

Appears in 5 contracts

Sources: Credit Agreement (StoneX Group Inc.), Credit Agreement (KCG Holdings, Inc.), Credit Agreement (BGC Partners, Inc.)

Bankruptcy Defaults. When any Event of Default described in subsections (f) or (g) of Section 8.1 hereof has occurred and is continuing, then all outstanding LoansNotes, including both interest and principal thereon, and all other Obligations shall immediately become due and payable together with all other amounts payable under the Credit Documents without presentment, demand, protest or notice of any kind, the obligation of the Lenders to extend further credit pursuant to any of the terms hereof shall immediately terminate.

Appears in 5 contracts

Sources: Term Loan Credit Agreement (Black Hills Corp /Sd/), Credit Agreement (Black Hills Corp /Sd/), Credit Agreement (Black Hills Corp /Sd/)

Bankruptcy Defaults. When any Event of Default described in subsections Sections (fp), (q) or (gr) of Section 8.1 9.1 hereof with respect to the Borrower has occurred and is continuing, then all outstanding Loans, including both interest for principal and principal thereoninterest, and all other Obligations shall immediately become due and payable together with all other amounts payable under this Agreement and the Credit other Loan Documents without presentment, demand, protest or notice of any kind, and the obligation of the Lenders to extend further credit pursuant to any of the terms hereof shall immediately terminate.

Appears in 5 contracts

Sources: Revolving Credit Agreement (World Acceptance Corp), Revolving Credit Agreement (World Acceptance Corp), Revolving Credit Agreement (World Acceptance Corp)

Bankruptcy Defaults. When any Event of Default described in subsections (f) or (g) of Section 8.1 hereof 7.1 has occurred and is continuing, then all outstanding Loans, including both interest and principal thereon, and all other Obligations Loans shall immediately become due and payable together with all other amounts payable under the Credit Documents without presentment, demand, protest or notice of any kind, the obligation and all obligations of the Lenders to extend further credit pursuant to any of the terms hereof shall immediately terminate.

Appears in 4 contracts

Sources: Credit Agreement (Aptargroup Inc), Credit Agreement (Aptargroup Inc), Credit Agreement (Aptargroup Inc)

Bankruptcy Defaults. When any Event of Default described in subsections (f) or (g) of Section 8.1 hereof has occurred and is continuing, then all outstanding Loans, including both interest and principal thereon, and all other Obligations shall immediately become due and payable together with all other amounts payable under the Credit Documents without presentment, demand, protest or notice of any kind, the obligation of the Lenders to extend further credit pursuant to any of the terms hereof shall immediately terminate.

Appears in 4 contracts

Sources: Credit Agreement (Black Hills Corp /Sd/), Credit Agreement (Black Hills Corp /Sd/), Term Loan Credit Agreement (Black Hills Corp /Sd/)

Bankruptcy Defaults. When any Event of Default described in subsections (f) or (g) of Section 8.1 hereof has occurred and is continuing, then all outstanding Loans, including both interest and principal thereon, and all other Obligations the Note shall immediately become due and payable together with all other amounts payable under the Credit Documents without presentment, demand, protest or notice of any kind, kind and the obligation of the Lenders Lender to extend further credit pursuant to any of the terms hereof shall immediately terminate.

Appears in 3 contracts

Sources: Seasonal Credit Agreement (Peoples Energy Corp), Seasonal Credit Agreement (Peoples Energy Corp), Seasonal Credit Agreement (Peoples Energy Corp)

Bankruptcy Defaults. When any Event of Default described in subsections subsection (fe) or (gf) of Section 8.1 hereof has occurred and is continuing, then all outstanding Loansthe Note, including both interest principal and principal thereoninterest, and all other Obligations payable under the Loan Documents, shall immediately become due and payable together with all other amounts payable under the Credit Documents without presentment, demand, protest or notice of any kind, and the obligation of the Lenders Bank to extend further credit pursuant to any of the terms hereof shall immediately terminate. In addition, the Bank may exercise any and all remedies available to it under the Loan Documents or applicable law.

Appears in 3 contracts

Sources: Credit Agreement (Great Western Bancorp, Inc.), Credit Agreement (Great Western Bancorp, Inc.), Credit Agreement (Bancfirst Corp /Ok/)

Bankruptcy Defaults. When any Event of Default described in subsections (e), (f) or (g) of Section 8.1 hereof has occurred and is continuing, then all outstanding Loans, including both interest and principal thereon, and all other Obligations Notes shall immediately and automatically become due and payable together with all other amounts payable under the Credit Documents without presentment, demand, protest or notice of any kind, kind and the obligation of the Lenders Banks to extend further credit pursuant to any of the terms hereof shall immediately and automatically terminate.

Appears in 3 contracts

Sources: 364 Day Revolving Credit Agreement (NRG Energy Inc), 364 Day Revolving Credit Agreement (NRG Energy Inc), 364 Day Revolving Credit Agreement (NRG Energy Inc)

Bankruptcy Defaults. When any Event of Default described in subsections (f) or (g) of Section 8.1 hereof 7.1 has occurred and is continuingcontinuing with respect to the Borrower, then all outstanding Loans, including both interest and principal thereon, and all other Obligations Revolving Loans shall immediately become due and payable together with all other accrued amounts payable under the Credit Documents without presentment, demand, protest or notice of any kind, each of which is expressly waived by the obligation Borrower; and all obligations of the Lenders to extend further credit pursuant to any of the terms hereof shall immediately terminate.

Appears in 2 contracts

Sources: Credit Agreement (Transocean Partners LLC), Credit Agreement (Transocean Partners LLC)

Bankruptcy Defaults. When any Event of Default described in subsections (f) or (g) of Section 8.1 hereof has occurred and is continuing, then all outstanding LoansNotes, including both interest and principal thereon, and all other Obligations shall immediately become due and payable together with all other amounts payable under the Credit Documents without presentment, demand, protest or notice of any kind, the obligation of the Lenders Banks to extend further credit pursuant to any of the terms hereof shall immediately terminate.

Appears in 2 contracts

Sources: Credit Agreement (Black Hills Corp /Sd/), 364 Day Credit Agreement (Black Hills Corp /Sd/)

Bankruptcy Defaults. When any Event of Default described in subsections (f) or (g) of Section 8.1 hereof has occurred and is continuing, then all outstanding Loans, including both interest and principal thereon, and all other Obligations Loans shall immediately become due and payable together with all other amounts payable under the Credit Documents without presentment, demand, protest or notice of any kind, the obligation of the Lenders Banks to extend further credit pursuant to any of the terms hereof shall immediately terminate.

Appears in 2 contracts

Sources: Term Loan Agreement (Jones Lang Lasalle Inc), Credit Agreement (Jones Lang Lasalle Inc)

Bankruptcy Defaults. When any Event of Default described in subsections (f) or (g) of Section 8.1 hereof has occurred and is continuing, then all outstanding LoansNotes, including both interest and principal thereon, and all other Obligations shall immediately become due and payable together with all other amounts payable under the Credit Documents without presentment, demand, protest or notice of any kind, kind and the obligation of the Lenders Banks to extend further credit pursuant to any of the terms hereof shall immediately terminate.

Appears in 2 contracts

Sources: Credit Agreement (Black Hills Corp /Sd/), Credit Agreement (Black Hills Corp /Sd/)

Bankruptcy Defaults. When any Event of Default described in subsections (f) or (g) of Section 8.1 hereof 7.1 has occurred and is continuingcontinuing with respect to the Borrower, then all outstanding Loans, including both interest and principal thereon, and all other Obligations Term Loans shall immediately become due and payable together with all other accrued amounts payable under the Credit Documents without presentment, demand, protest or notice of any kind, each of which is expressly waived by the obligation Borrower; and all obligations of the Lenders to extend further credit pursuant to any of the terms hereof shall immediately terminate.

Appears in 2 contracts

Sources: Term Credit Agreement (Transocean Inc), Term Credit Agreement (Transocean Inc)

Bankruptcy Defaults. When any Event of Default described in ------------------- subsections (f) or (g) of Section 8.1 hereof 7.1 has occurred and is continuing, then all outstanding Loans, including both interest and principal thereon, and all other Obligations Loans shall immediately become due and payable together with all other amounts payable under the Credit Documents without presentment, demand, protest or notice of any kind, the obligation and all obligations of the Lenders to extend further credit pursuant to any of the terms hereof shall immediately terminate.

Appears in 1 contract

Sources: Credit Agreement (Aptargroup Inc)

Bankruptcy Defaults. When any Event of Default described in subsections (f) or (g) of Section 8.1 hereof has occurred and is continuing, then all Commitments and all other obligations of the Banks hereunder shall immediately be terminated and all outstanding Loans, including both interest and principal thereon, and all other Obligations shall immediately become due and payable together with all other amounts payable under the Credit Documents without presentment, demand, protest or notice of any kind, the obligation of the Lenders to extend further credit pursuant to any of the terms hereof shall immediately terminate.

Appears in 1 contract

Sources: Bridge Term Loan Agreement (Black Hills Corp /Sd/)

Bankruptcy Defaults. When any Event of Default described in subsections (fi) (other than clause (ii) thereof) or (gj) of Section 8.1 hereof 6.1 has occurred and is continuing, then all outstanding Loans, including both interest and principal thereon, and all other Obligations Loans shall immediately become due and payable together with all other amounts payable under the Credit Loan Documents without presentment, demand, protest or notice of any kind, the obligation of the Lenders to extend further credit pursuant to any of the terms hereof shall immediately terminate.

Appears in 1 contract

Sources: Loan Agreement (Hewitt Associates Inc)

Bankruptcy Defaults. When any Event of Default described in subsections (f) or (g) of Section 8.1 hereof 7.1 has occurred and is continuingcontinuing with respect to the Borrower, then all outstanding Loans, including both interest and principal thereon, and all other Obligations Loans shall immediately become due and payable together with all other accrued amounts payable under the Credit Documents without presentment, demand, protest or notice of any kind, each of which is expressly waived by the obligation Borrower; and all obligations of the Lenders to extend further credit pursuant to any of the terms hereof shall immediately terminate.

Appears in 1 contract

Sources: 364 Day Revolving Credit Agreement (Transocean Inc)

Bankruptcy Defaults. When any Event of Default described in subsections (f) or (g) of Section 8.1 hereof 7.1 has occurred and is continuingcontinuing with respect to the Borrower or Holdings, then all outstanding Loans, including both interest and principal thereon, and all other Obligations Loans shall immediately become due and payable together with all other accrued amounts payable under the Credit Documents without presentment, demand, protest or notice of any kind, each of which is expressly waived by the obligation Borrower; and all obligations of the Lenders to extend further credit pursuant to any of the terms hereof shall immediately terminate.

Appears in 1 contract

Sources: 364 Day Revolving Credit Agreement (Transocean Inc)

Bankruptcy Defaults. When any Event of Default described in subsections (fSection 7.1(f) or (g) of Section 8.1 hereof has occurred and is continuingcontinuing with respect to any Credit Party, then all outstanding Loans, including both interest and principal thereon, and all other Obligations Loans shall immediately become due and payable together with all other accrued amounts payable under the Credit Documents without presentment, demand, protest or notice of any kind, each of which is expressly waived by the obligation Borrowers; and all obligations of the Lenders to extend further credit pursuant to any of the terms hereof shall immediately terminate.

Appears in 1 contract

Sources: 364 Day Revolving Credit Agreement (Noble Corp)

Bankruptcy Defaults. When any Event of Default described in subsections (f) or (g) of Section 8.1 hereof 7.1 has occurred and is continuingcontinuing with respect to the Borrower, then all outstanding Loans, including both interest and principal thereon, and all other Obligations (i) the Note shall immediately become due and payable together with all other amounts payable under the Credit Documents without presentment, demand, protest or notice of any kind, each of which is expressly waived by the obligation Borrower; and (ii) all obligations of the Lenders Lender to extend further credit pursuant to any of the terms hereof shall immediately terminate.

Appears in 1 contract

Sources: Secured Revolving Credit Agreement (Elgin Technologies Inc)

Bankruptcy Defaults. When any Event of Default described in subsections (f) or (g) of Section 8.1 hereof 7.1 has occurred and is continuingcontinuing with respect to the Borrower, Holdings or any other Loan Party, then all outstanding Loans, including both interest and principal thereon, and all other Obligations Loans shall immediately become due and payable together with all other accrued amounts payable under the Credit Documents without presentment, demand, protest or notice of any kind, each of which is expressly waived by the obligation Borrower; and all obligations of the Lenders to extend further credit pursuant to any of the terms hereof shall immediately terminate.

Appears in 1 contract

Sources: Credit Agreement (Transocean Ltd.)

Bankruptcy Defaults. When any Event of Default described in subsections Sections (fp), (q) or (gr) of Section 8.1 9.1 hereof with respect to the Borrower has occurred and is continuing, then all outstanding Loans, including both interest for principal and principal thereoninterest, and all other Obligations shall immediately become due and payable together with all other amounts payable under this Agreement and the Credit other Loan Documents without presentment, demand, protest or notice of any kind, and the obligation of the Lenders to extend further credit pursuant to any of the terms hereof shall immediately terminate.. 60

Appears in 1 contract

Sources: Revolving Credit Agreement (World Acceptance Corp)

Bankruptcy Defaults. When any Event of Default described in subsections (f) or (g) of Section 8.1 hereof 7.1 has occurred and is continuingcontinuing with respect to the Borrower or Holdings, then all outstanding Loans, including both interest and principal thereon, and all other Obligations Term Loans shall immediately become due and payable together with all other accrued amounts payable under the Credit Documents without presentment, demand, protest or notice of any kind, each of which is expressly waived by the obligation Borrower; and all obligations of the Lenders to extend further credit pursuant to any of the terms hereof shall immediately terminate.

Appears in 1 contract

Sources: Term Credit Agreement (Transocean Inc)

Bankruptcy Defaults. When any Event of Default described in subsections (f) or (g) of Section 8.1 hereof 7.1 has occurred and is continuingcontinuing with respect to any Credit Party, then all outstanding Loans, including both interest and principal thereon, and all other Obligations Loans shall immediately become due and payable together with all other accrued amounts payable under the Credit Documents without presentment, demand, protest or notice of any kind, each of which is expressly waived by the obligation Borrowers; and all obligations of the Lenders and the Swingline Lender to extend further credit pursuant to any of the terms hereof shall immediately terminate.

Appears in 1 contract

Sources: 364 Day Revolving Credit Agreement (Noble Corp)

Bankruptcy Defaults. When any Event of Default described in ------------------- subsections (f) or (g) of Section 8.1 hereof 7.1 has occurred and is continuingcontinuing with respect to the Borrower, then all outstanding Loans, including both interest and principal thereon, and all other Obligations Loans shall immediately become due and payable together with all other accrued amounts payable under the Credit Documents without presentment, demand, protest or notice of any kind, each of which is expressly waived by the obligation Borrower; and all obligations of the Lenders to extend further credit pursuant to any of the terms hereof shall immediately terminate.

Appears in 1 contract

Sources: 364 Day Bridge Credit Agreement (Transocean Sedco Forex Inc)