Common use of Debtor Relief Clause in Contracts

Debtor Relief. If a Default exists under SECTION 11.1(f) or 11.1(g), the commitment to extend credit hereunder shall automatically terminate and the entire unpaid balance of the Obligation shall automatically become due and payable without any action or notice of any kind whatsoever.

Appears in 1 contract

Samples: Senior Secured Term Loan Agreement (America West Holdings Corp)

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Debtor Relief. If a Default exists under SECTION 11.1(f) or 11.1(g)Section 9.3, the commitment to extend credit hereunder shall under this agreement automatically terminate terminates, and the entire unpaid balance of the Obligation shall automatically become becomes due and payable without any action or notice of any kind whatsoever.

Appears in 1 contract

Samples: Credit Agreement (Northern Border Partners Lp)

Debtor Relief. If a Default exists under SECTION 11.1(f11.3(b) or 11.1(g11.3(c), the commitment to extend credit hereunder shall automatically terminate and the entire unpaid balance of the Obligation shall automatically become due and payable without any action or notice of any kind whatsoever.. NBPLP CREDIT AGREEMENT

Appears in 1 contract

Samples: NBPLP Credit Agreement (Northern Border Partners Lp)

Debtor Relief. If a an Event of Default exists under SECTION 11.1(f) 10.6 or 11.1(g)10.7, the commitment to extend credit hereunder shall automatically terminate and the entire unpaid balance of the Obligation shall automatically become due and payable without any action or notice of any kind whatsoever.

Appears in 1 contract

Samples: Term Loan and Security Agreement (American Real Estate Partners L P)

Debtor Relief. If a Default exists under SECTION 11.1(fSection 10.3(c) or 11.1(g10.3(d), the commitment to extend credit hereunder shall automatically terminate and the entire unpaid balance of the Obligation shall automatically become due and payable without any action or notice of any kind whatsoever.

Appears in 1 contract

Samples: Credit Agreement (Dobson Communications Corp)

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Debtor Relief. If a Default exists under SECTION 11.1(f10.3(C) or 11.1(g10.3(D), the commitment to extend credit hereunder shall automatically terminate and the entire unpaid balance of the Obligation shall automatically become due and payable without any action or notice of any kind whatsoever.

Appears in 1 contract

Samples: Credit Agreement (Medical Assurance Inc)

Debtor Relief. If a Default exists under SECTION 11.1(fSection 12.1(g) or 11.1(g12.1(h), the commitment to extend credit hereunder shall automatically terminate and the entire unpaid balance of the Obligation shall automatically become due and payable without any action or notice of any kind whatsoever.

Appears in 1 contract

Samples: Term Loan and Note Purchase Agreement (Sun Healthcare Group Inc)

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