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 Banks to extend further credit pursuant to any of the terms hereof shall immediately terminate and the Borrower shall immediately pay to the Administrative Agent, subject to Section 8.4 hereof, the full amount then available for drawing, under all outstanding Letters of Credit, the Borrower acknowledging that the Banks would not have an adequate remedy at law for failure by the Borrower to honor any such demand and that the Banks, and the Administrative Agent on their behalf, shall have the right to require the Borrower to specifically perform such undertaking whether or not any draws or other demands for payment have been made under any of the Letters of Credit.

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 Banks to extend further credit pursuant to any of the terms hereof shall immediately terminate and the Borrower shall immediately pay to the Administrative Agent, subject to Section 8.4 hereof8.4, the full amount then available for drawing, under all outstanding Letters of Credit, the Borrower acknowledging that the Banks would not have an adequate remedy at law for failure by the Borrower to honor any such demand and that the Banks, and the Administrative Agent on their behalf, shall have the right to require the Borrower to specifically perform such undertaking whether or not any draws or other demands for payment have been made under any of the Letters of Credit.

Bankruptcy Defaults. When any Event of Default described in subsections (fj) or (gk) of Section 8.1 9.1 hereof with respect to any 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 Banks Lenders to extend further credit pursuant to any of the terms hereof shall immediately terminate and the each Borrower shall immediately pay to the Administrative Agent, subject to Section 8.4 hereof, Agent the full amount then available for drawing, drawing under all outstanding Letters of CreditCredit issued for such Borrower’s account hereunder, the each Borrower acknowledging and agreeing that the Banks Lenders would not have an adequate remedy at law for failure by the such Borrower to honor any such demand and that the BanksLenders, and the Administrative Agent on their behalf, shall have the right to require the such Borrower to specifically perform such undertaking whether or not any draws or other demands for payment have been made under any of the Letters of Credit.

Bankruptcy Defaults. When any Event of Default described in subsections (fj) or (gk) of Section 8.1 7.1 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 Loan Documents without presentment, demand, protest or notice of any kind, the obligation Commitments and any and all other obligations of the Banks Lenders to extend further credit pursuant to any of the terms hereof shall immediately terminate and the Borrower Borrowers shall immediately pay to the Administrative Agent, subject to Section 8.4 hereof, Agent the full amount then available for drawing, drawing under all outstanding Letters of Credit, the including, without limitation, any and all L/C Obligations, each Borrower acknowledging and agreeing that the Banks Lenders would not have an adequate remedy at law for failure by the any Borrower to honor any such demand and that the BanksLenders, and the Administrative Agent on their behalf, shall have the right to require the each Borrower to specifically perform such undertaking whether or not any draws or other demands for payment have been made under any of the Letters of Credit.

Bankruptcy Defaults. When any Event of Default described in subsections (fj) or (gk) of Section 8.1 hereof has occurred and is continuing7.1 exists, then all outstanding Loans, including both interest and principal thereon, and all other Obligations shall immediately and automatically become due and payable together with all other amounts payable under the Credit Loan Documents without presentment, demand, protest or notice of any kindkind (each of which is hereby waived by the Borrower), the obligation Commitments and all other obligations of the Banks Lenders to extend further credit pursuant to any of the terms hereof shall immediately and automatically terminate and the Borrower shall immediately pay to Cash Collateralize 105% of the Administrative Agent, subject to Section 8.4 hereof, the full then outstanding amount then available for drawing, under of all outstanding Letters of CreditL/C Obligations, the Borrower acknowledging and agreeing that the Banks Lenders would not have an adequate remedy at law for failure by the Borrower to honor any such demand and that the BanksLenders, and the Administrative Agent on their behalf, shall have the right to require the Borrower to specifically perform such undertaking whether or not any draws or other demands for payment have been made under any of the Letters of Credit.

Bankruptcy Defaults. When any Event of Default described in subsections (fj) or (gk) of Section 8.1 hereof has occurred and is continuing7.1 exists, then all outstanding Loans, including both interest and principal thereon, and all other Obligations shall immediately and automatically become due and payable together with all other amounts payable under the Credit Loan Documents without presentment, demand, protest or notice of any kindkind (each of which is hereby waived by each Borrower), the obligation Commitments and all other obligations of the Banks Lenders to extend further credit pursuant to any of the terms hereof shall immediately and automatically terminate and the Borrower Borrowers shall immediately pay to the Administrative Agent, subject to Section 8.4 hereof, Cash Collateralize 103% of the full amount then available for drawing, drawing under all outstanding Letters each Letter of Credit, the Borrower Borrowers acknowledging and agreeing that the Banks Lenders would not have an adequate remedy at law for failure by the Borrower Borrowers to honor any such demand and that the BanksLenders, and the Administrative Agent on their behalf, shall have the right to require the Borrower Borrowers to specifically perform such undertaking whether or not any draws or other demands for payment have been made under any of the Letters of Credit.

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, kind and the obligation of the Banks Lenders to extend further credit pursuant to any of the terms hereof shall immediately terminate and the Borrower shall immediately pay deliver to the Administrative Agent, subject to Section 8.4 hereof, Agent Cash Collateral in the full Minimum Collateral Amount of the aggregate amount of each Letter of Credit then available for drawing, under all outstanding Letters of Creditoutstanding, the Borrower acknowledging and agreeing that the Banks Lenders would not have an adequate remedy at law for failure by the Borrower to honor any such demand and that the BanksLenders, and the Administrative Agent on their behalf, shall have the right to require the Borrower to specifically perform such undertaking whether or not any draws or other demands for payment have been made under any of the Letters of Credit.

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 Loans and principal thereon, and all other Obligations Swingline 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 Banks Lenders to extend further credit pursuant to any of the terms hereof shall immediately terminate and the Borrower shall immediately pay to the Administrative Agent, subject to Section 8.4 hereof, the full amount then available for drawing, drawing under all outstanding Letters of Credit, the Borrower acknowledging that the Banks Lenders would not have an adequate remedy at law for failure by the Borrower to honor any such demand and that the BanksLenders, and the Administrative Agent on their behalf, shall have the right to require the Borrower to specifically perform such undertaking whether or not any draws or other demands for payment have been made under any of the Letters of Credit.

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 Loans and principal thereon, and all other Obligations Swingline 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 Banks Lenders to extend further credit pursuant to any of the terms hereof shall immediately terminate and the Borrower shall immediately pay to the Administrative Agent, subject to Section 8.4 hereof, the full amount then available for drawing, drawing under all outstanding Letters of Credit, the Borrower acknowledging that the Banks Lenders would not have an adequate remedy at law for failure by the Borrower to honor any such demand and that the BanksLenders, and the Administrative Agent on their behalf, shall have the right to require the Borrower to specifically perform such undertaking whether or not any draws or other demands for payment have been made under any of the Letters of Credit. Section 8.4.

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 Loans and principal thereon, and all other Obligations Swingline 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 Banks to extend further credit pursuant to any of the terms hereof shall immediately terminate and the Borrower shall immediately pay to the Administrative Agent, subject to Section 8.4 hereof8.4, the full amount then available for drawing, drawing under all outstanding Letters of Credit, the Borrower acknowledging that the Banks would not have an adequate remedy at law for failure by the Borrower to honor any such demand and that the Banks, and the Administrative Agent on their behalf, shall have the right to require the Borrower to specifically perform such undertaking whether or not any draws or other demands for payment have been made under any of the Letters of Credit.

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 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 Banks Lenders to extend further credit pursuant to any of the terms hereof shall immediately terminate without presentment, demand, protest or notice of any kind, and the Borrower shall immediately pay to the Administrative Agent, subject to Section 8.4 hereof, Agent 103% of the full amount then available for drawing, drawing under all outstanding Letters of CreditCredit to be held as collateral pursuant to Section 9.4 hereof, the Borrower acknowledging and agreeing that the Banks Lenders would not have an adequate remedy at law for failure by the Borrower to honor any such demand and that the BanksLenders, and the Administrative Agent on their behalf, shall have the right to require the Borrower to specifically perform such undertaking whether or not any draws or other demands for payment have been made under any of the Letters of Credit.

Bankruptcy Defaults. When any Event of Default described in subsections (fj) or (gk) of Section 8.1 hereof has occurred and is continuing7.1 exists, then all outstanding Loans, including both interest and principal thereon, and all other Obligations shall immediately and automatically become due and payable together with all other amounts payable under the Credit Loan Documents without presentment, demand, protest or notice of any kindkind (each of which is hereby waived by each Borrower), the obligation Commitments and all other obligations of the Banks Lenders to extend further credit pursuant to any of the terms hereof shall immediately and automatically terminate and the Borrower Borrowers shall immediately pay to Cash Collateralize 103% of the Administrative Agent, subject to Section 8.4 hereofoutstanding amount of all L/C Obligations, the full amount then available for drawing, under all outstanding Letters of Credit, the Borrower Borrowers acknowledging and agreeing that the Banks Lenders would not have an adequate remedy at law for failure by the Borrower Borrowers to honor any such demand and that the BanksLenders, and the Administrative Agent on their behalf, shall have the right to require the Borrower Borrowers to specifically perform such undertaking whether or not any draws or other demands for payment have been made under any of the Letters of Credit.

Bankruptcy Defaults. When any Event of Default described in subsections (f) or (g) of Section 8.1 13.1 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 Loan Documents without presentment, demand, protest or notice of any kind, the obligation of the Banks to extend further credit pursuant to any of the terms hereof shall immediately terminate and the Borrower Company and (subject to Section 17.19) the other Borrowers shall immediately pay to the Administrative Agent, subject to Section 8.4 hereof13.4, the full amount then available for drawing, drawing under all outstanding Letters of Credit, the Borrower Company and such Borrowers acknowledging that the Banks would not have an adequate remedy at law for failure by the Borrower Company and such Borrowers to honor any such demand and that the Banks, and the Administrative Agent on their behalf, shall have the right to require the Borrower Company and such Borrowers to specifically perform such undertaking whether or not any draws or other demands for payment have been made under any of the Letters of Credit.

Bankruptcy Defaults. When any Event of Default described in subsections (fj) (other than clause (ii) thereof) 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 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 Banks Lenders to extend further credit pursuant to any of the terms hereof shall immediately terminate and the Borrower shall immediately pay to the Administrative Agent, subject to Section 8.4 hereof, Agent the full amount then available for drawing, drawing under all outstanding Letters of Credit, the Borrower acknowledging and agreeing that the Banks Lenders would not have an adequate remedy at law for failure by the Borrower to honor any such demand and that the BanksLenders, and the Administrative Agent on their behalf, shall have the right to require the Borrower to specifically perform such undertaking whether or not any draws or other demands for payment have been made under any of the Letters of Credit.

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 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, each of which is expressly waived by the obligation Borrower; and all obligations of the Banks Lenders to extend further credit Credit pursuant to any of the terms hereof shall immediately terminate and the Borrower shall immediately pay to the Administrative Agent, subject Agent (to be held by the Agent pursuant to Section 8.4 hereof, 7.4) the full amount then available for drawing, drawing under all outstanding Letters of Credit, the Borrower acknowledging that the Banks Lenders and the Agent would not have an adequate remedy at law for failure by the Borrower to honor any such demand and that the Banks, Lenders and the Administrative Agent on their behalf, shall have the right to require the Borrower to specifically perform such undertaking whether or not any draws drawings or other demands for payment have been made under any of the Letters of Credit.

Bankruptcy Defaults. When any Event of Default described in subsections (fj) (other than clause (ii) thereof) 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 Notes 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 Banks Lenders to extend further credit pursuant to any of the terms hereof shall immediately terminate and the Borrower shall immediately pay to the Administrative Agent, subject to Section 8.4 hereof, Agent the full amount then available for drawing, drawing under all outstanding Letters of Credit, the Borrower acknowledging and agreeing that the Banks Lenders would not have an adequate remedy at law for failure by the Borrower to honor any such demand and that the BanksLenders, and the Administrative Agent on their behalf, shall have the right to require the Borrower to specifically perform such undertaking whether or not any draws or other demands for payment have been made under any of the Letters of Credit.

Bankruptcy Defaults. When any Event of Default described in subsections (fh) or (gi) of Section 8.1 hereof has occurred and is continuingexists, then all outstanding Loans, including both interest and principal thereon, and all other Obligations shall immediately and automatically become due and payable together with all other amounts payable under the Credit Loan Documents without presentment, demand, protest or notice of any kindkind (each of which is hereby waived by the Borrower), the obligation Commitments and all other obligations of the Banks Lenders to extend further credit pursuant to any of the terms hereof shall immediately and automatically terminate and the Borrower shall immediately pay to Cash Collateralize 105% of the Administrative Agent, subject to Section 8.4 hereof, the full then outstanding amount then available for drawing, under of all outstanding Letters of CreditL/C Obligations, the Borrower acknowledging and agreeing that the Banks Lenders would not have an adequate remedy at law for failure by the Borrower to honor any such demand and that the BanksLenders, and the Administrative Agent on their behalf, shall have the right to require the Borrower to specifically perform such undertaking whether or not any draws or other demands for payment have been made under any of the Letters of Credit.

Bankruptcy Defaults. When any Event of Default described in subsections (fj) or (gk) of Section 8.1 7.1 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 Obligations and all other amounts payable under the Credit Loan Documents without presentment, demand, protest or notice of any kind, the obligation Commitments and any and all other obligations of the Banks Lenders to extend further credit pursuant to any of the terms hereof shall immediately terminate and the Borrower Borrowers shall immediately pay to the Administrative Agent, subject to Section 8.4 hereof, Agent the full amount then available for drawing, drawing under all outstanding Letters of Credit, the including, without limitation, any and all L/C Obligations, each Borrower acknowledging and agreeing that the Banks Lenders would not have an adequate remedy at law for failure by the any Borrower to honor any such demand and that the BanksLenders, and the Administrative Agent on their behalf, shall have the right to require the each Borrower to specifically perform such undertaking whether or not any draws or other demands for payment have been made under any of the Letters of Credit.

Bankruptcy Defaults. When any Event of Default described in subsections (fg) or (gh) of Section 8.1 hereof has occurred and is continuing7.1 exists, then all outstanding Loans, including both interest and principal thereon, and all other Obligations shall immediately and automatically become due and payable together with all other amounts payable under the Credit Loan Documents without presentment, demand, protest or notice of any kindkind (each of which is hereby waived by the Borrower), the obligation Commitments and all other obligations of the Banks Lenders to extend further credit pursuant to any of the terms hereof shall immediately and automatically terminate and the Borrower shall immediately pay to Cash Collateralize 105% of the Administrative Agent, subject to Section 8.4 hereof, the full then outstanding amount then available for drawing, under of all outstanding Letters of CreditL/C Obligations, the Borrower acknowledging and agreeing that the Banks Lenders would not have an adequate remedy at law for failure by the Borrower to honor any such demand and that the BanksLenders, and the Administrative Agent on their behalf, shall have the right to require the Borrower to specifically perform such undertaking whether or not any draws or other demands for payment have been made under any of the Letters of Credit.

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 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 Banks Lenders to extend further credit pursuant to any of the terms hereof shall immediately terminate without presentment, demand, protest or notice of any kind, and the Borrower shall immediately pay to the Administrative Agent, subject to Section 8.4 hereof, Agent 103% of the full amount then available for drawing, drawing under all outstanding Letters of CreditCredit to be held as collateral pursuant to Section 9.4 hereof, the Borrower acknowledging and agreeing that the Banks Lenders would not have an adequate remedy at law for failure by the Borrower to honor any such demand and that the BanksLenders, and the Administrative Agent on their behalf, shall have the right to require the Borrower to specifically perform such undertaking whether or not any draws or other demands for payment have been made under any of the Letters of Credit.. 117

Bankruptcy Defaults. When any Event of Default described in subsections (fj) or (gk) of Section 8.1 10.1 hereof has occurred and is continuing, then all outstanding LoansNotes, including both interest principal and principal thereoninterest, and all fees, charges, commissions and other Obligations payable hereunder, 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 Banks to extend further credit pursuant to any of the terms hereof shall immediately terminate and the Borrower shall immediately pay to the Administrative Agent, subject to Section 8.4 hereof10.4 below, the full amount then available for drawing, drawing under all outstanding Letters of Credit, the Borrower acknowledging that the Banks would not have an adequate remedy at law for failure by the Borrower to honor any such demand and that the Banks, and the Administrative Agent on their behalf, shall have the right to require the Borrower to specifically perform such undertaking whether or not any draws or other demands for payment have been made under any of the Letters of Credit.

Bankruptcy Defaults. (a) When any Event of Default described in subsections (fh) or (gi) of Section 8.1 hereof has occurred and is continuingexists, then all outstanding Loans, including both interest and principal thereon, and all other Obligations shall immediately and automatically become due and payable together with all other amounts payable under the Credit Loan Documents without presentment, demand, protest or notice of any kindkind (each of which is hereby waived by the Borrowers), the obligation Commitments and all other obligations of the Banks Lenders to extend further credit pursuant to any of the terms hereof shall immediately and automatically terminate and the Borrower Borrowers shall immediately pay to Cash Collateralize 105% of the Administrative Agent, subject to Section 8.4 hereofthen outstanding amount of all L/C Obligations, the full amount then available for drawing, under all outstanding Letters of Credit, the Borrower Borrowers acknowledging and agreeing that the Banks Lenders would not have an adequate remedy at law for failure by the Borrower Borrowers to honor any such demand and that the BanksLenders, and the Administrative Agent on their behalf, shall have the right to require the Borrower Borrowers to specifically perform such undertaking whether or not any draws or other demands for payment have been made under any of the Letters of Credit.

Bankruptcy Defaults. When any Event of Default described in subsections (fSections 8.1(j) or (g8.1(k) of Section 8.1 hereof has occurred and is continuingexists, then all outstanding Loans, including both interest and principal thereon, and all other Obligations shall immediately and automatically become due and payable together with all other amounts payable under the Credit Loan Documents without presentment, demand, protest or notice of any kindkind (each of which is hereby waived by the Borrower), the obligation Commitments and all other obligations of the Banks Lenders to extend further credit pursuant to any of the terms hereof shall immediately and automatically terminate and the Borrower shall immediately pay to Cash Collateralize 102.0% of the Administrative Agent, subject to Section 8.4 hereof, the full then outstanding amount then available for drawing, under of all outstanding Letters of CreditL/C Obligations, the Borrower acknowledging and agreeing that the Banks Lenders would not have an adequate remedy at law for failure by the Borrower to honor any such demand and that the BanksLenders, and the Administrative Agent on their behalf, shall have the right to require the Borrower to specifically perform such undertaking whether or not any draws or other demands for payment have been made under any of the Letters of Credit.. 106

Bankruptcy Defaults. When any Event of Default described in subsections (f9.1(j) or (gk) of Section 8.1 hereof has occurred and is continuing, then all outstanding Loans(a) the then unpaid balance of the Notes, including both interest principal and principal thereoninterest, and all other Obligations fees, charges and commissions payable hereunder or under the Applications, 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, (b) the obligation of the Banks Lenders to extend further credit pursuant to any of the terms hereof shall immediately terminate and automatically terminate, (c) the Borrower Company shall immediately pay provide to the Administrative Agent, subject to Section 8.4 hereof, Agent cash collateral for the full amount then available for drawing, under of all outstanding Letters of Credit, whether or not draws have been made thereon, the Borrower Company acknowledging that the Banks Revolving Credit Lenders would not have an adequate remedy at law for failure by the Borrower Company to honor any such demand and that the Banksdemand, and the Administrative Agent on their behalf, Revolving Credit Lenders shall have the right to require the Borrower Company to specifically perform such undertaking whether or not any draws or other demands for payment have been made under any of the Letters of Credit, and (d) the Administrative Agent may exercise all remedies available to it under the Loan Documents or applicable law.

Bankruptcy Defaults. When any Event of Default described in subsections (f) or (g) 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 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, the obligation of the Banks to extend further credit pursuant to any of the terms hereof shall immediately terminate and the Borrower shall immediately pay to the Administrative Agent, subject to Section 8.4 hereof, Agent the full amount then available for drawing, drawing under all outstanding Letters of CreditCredit to be held pursuant to Section 9.6(b), the Borrower acknowledging and agreeing that the Banks would not have an adequate remedy at law for failure by the Borrower to honor any such demand and that the Banks, and the Administrative Agent on their behalf, shall have the right to require the Borrower to specifically perform such undertaking whether or not any draws or other demands for payment have been made under any of the Letters of Credit.

Bankruptcy Defaults. When any Event of Default described in subsections (fk) or (gl) of Section 8.1 9.1 hereof has occurred and is continuing, then all outstanding Loans, including both interest Loans and principal thereon, and all other Obligations 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 Banks Lenders to extend further credit pursuant to any of the terms hereof shall immediately terminate and the Borrower shall immediately pay to the Administrative Agent, subject to Section 8.4 hereof, Agent 105% of the full amount then available for drawing, drawing under all outstanding Letters of Credit, the Borrower acknowledging and agreeing that the Banks Lenders would not have an adequate remedy at law for failure by the Borrower to honor any such demand and that the BanksLenders, and the Administrative Agent on their behalf, shall have the right to require the Borrower to specifically perform such undertaking whether or not any draws or other demands for payment have been made under any of the Letters of Credit.