Common use of Deemed Disbursements Clause in Contracts

Deemed Disbursements. Upon the occurrence and during the continuation of any Default under Section 8.1.9 or upon notification by the Administrative Agent (acting at the direction of the Required Lenders) to the Borrower of its obligations under this Section, following the occurrence and during the continuation of any other Event of Default,

Appears in 18 contracts

Samples: Credit Agreement (Kansas City Southern), Credit Agreement (Kansas City Southern De Mexico, S.A. De C.V.), Credit Agreement (Energy Xxi (Bermuda) LTD)

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Deemed Disbursements. Upon the occurrence and during the continuation of any Event of Default under Section 8.1.9 or upon notification by the Administrative Agent (acting at the direction of the Required Lenders) to the Borrower of its obligations under this Section, following the occurrence and during the continuation of any other Event of Default,

Appears in 9 contracts

Samples: Credit Agreement (Hanesbrands Inc.), Credit Agreement (Hanesbrands Inc.), Credit Agreement (Hanesbrands Inc.)

Deemed Disbursements. Upon the occurrence and during the continuation of any Event of Default under of the type described in Section 8.1.9 or upon notification by 9.1.9 or, with notice from the Administrative Agent (acting at the direction of the Required Lenders) to the Borrower of its obligations under this Section, following upon the occurrence and during the continuation of any other Event of Default,

Appears in 8 contracts

Samples: Amendment Agreement (Weight Watchers International Inc), Credit Agreement (Weight Watchers International Inc), Credit Agreement (Weight Watchers International Inc)

Deemed Disbursements. Upon the occurrence and during the continuation of any Event of Default under of the type described in clauses (a) through (d) of Section 8.1.9 or upon notification by or, with notice from the Administrative Agent (acting at the direction of the Required Lenders) to the Borrower of its obligations under this Section, following upon the occurrence and during the continuation of any other Event of Default,

Appears in 7 contracts

Samples: Credit Agreement (Duane Reade Inc), Patent Security Agreement (Dri I Inc), Credit Agreement (Duane Reade Realty Inc)

Deemed Disbursements. Upon the occurrence and during the continuation of any Event of Default under of the type described in Section 8.1.9 or upon notification by or, with notice from the Administrative Agent (acting at the direction of the Required Lenders) to the Borrower of its obligations under this Section, following upon the occurrence and during the continuation of any other Event of Default,

Appears in 6 contracts

Samples: Credit Agreement (Aegis Communications Group Inc), Credit Agreement (Triarc Companies Inc), Credit Agreement (Pasta Group L L C)

Deemed Disbursements. Upon the occurrence and during the continuation of any Default under Section 8.1.9 or upon notification by the Administrative Agent (acting at the direction of the Required Lenders) to the Borrower Borrowers of its their obligations under this Section, following the occurrence and during the continuation of any other Event of Default,

Appears in 5 contracts

Samples: Credit Agreement (Sabre Industries, Inc.), Credit Agreement (Sabre Industries, Inc.), Credit Agreement (Chesapeake Corp /Va/)

Deemed Disbursements. (a) Upon the occurrence and during the continuation of any Default under Section 8.1.9 or upon notification by the Administrative Agent (acting at the direction of the Required Lenders) to the Revolving Loan Borrower of its obligations under this Section, following the occurrence and during the continuation of any other Event of Default,

Appears in 4 contracts

Samples: Credit Agreement (Swift Holdings Corp.), Credit Agreement (Swift Holdings Corp.), Credit Agreement (Swift Transportation Co Inc)

Deemed Disbursements. Upon the occurrence and during the continuation of any Default under Section 8.1.9 9.1(i) or upon notification by the Administrative Agent (acting at the direction of the Required Lenders) to the Borrower of its obligations under this Section, following the occurrence and during the continuation of any other Event of Default,

Appears in 3 contracts

Samples: Senior Secured Credit Agreement (Titan Corp), Senior Secured Credit Agreement (Titan Corp), Senior Secured Credit Agreement (Titan Corp)

Deemed Disbursements. Upon the occurrence and during the continuation of any Default under Section 8.1.9 or upon notification by the Revolving Loan Administrative Agent (acting at the direction of the Required Revolving Loan Lenders) to the Borrower Borrowers of its obligations under this Section, following the occurrence and during the continuation of any other Event of Default,

Appears in 3 contracts

Samples: Credit Agreement (Ferro Corp), Original       Extended (Ferro Corp), Credit Agreement (Ferro Corp)

Deemed Disbursements. Upon the occurrence and during the continuation of any Default under clauses (a) through (d) of Section 8.1.9 or upon notification by the Administrative Agent (acting at the direction of the Required Lenders) to the Borrower Borrowers of its obligations under this Section, following the occurrence and during the continuation of any other Event of Default,

Appears in 3 contracts

Samples: Credit Agreement (Mitel Networks Corp), Credit Agreement (Mitel Networks Corp), Credit Agreement (Mitel Networks Corp)

Deemed Disbursements. Upon the occurrence and during the continuation of any Default under Section 8.1.9 or upon notification by the Administrative Agent (acting at the direction of the Required Lenders) to the any Borrower of its obligations under this Section, following the occurrence and during the continuation of any other Event of Default,

Appears in 3 contracts

Samples: Credit Agreement (Winn Dixie Stores Inc), Credit Agreement (Adelphia Communications Corp), Credit Agreement (Winn Dixie Stores Inc)

Deemed Disbursements. Upon the occurrence and during the continuation of any Event of Default under Section 8.1.9 11.1(i) or upon notification by the Administrative Agent (acting at the direction of the Required Lenders) to the Borrower Representative of its itsthe Borrowers’ obligations under this Section, following the occurrence and during the continuation of any other Event of Default,:

Appears in 3 contracts

Samples: Credit Agreement, Credit Agreement (Parametric Sound Corp), Credit Agreement (Parametric Sound Corp)

Deemed Disbursements. (a) Upon the occurrence and during the continuation of any Event of Default under Section 8.1.9 9.1.9 or upon notification by the Administrative Agent (acting at the direction of the Required Lenders) to the Borrower of its obligations under this Section, following the occurrence and during the continuation of any other Event of Default,

Appears in 2 contracts

Samples: Credit Agreement (Champion Enterprises Inc), Credit Agreement (Champion Enterprises Inc)

Deemed Disbursements. Upon the occurrence and during the continuation of any Event of Default under Section 8.1.9 8.1.10 hereof or upon notification by the Administrative Agent (acting at the direction of the Required Lenders) to the any Borrower of its obligations under this Section, following the occurrence and during the continuation of any other Event of Default,

Appears in 2 contracts

Samples: Credit Agreement (Winn Dixie Stores Inc), Credit Agreement (Winn Dixie Stores Inc)

Deemed Disbursements. Upon the occurrence and during the continuation of any Event of Default under Section 8.1.9 or upon notification by the Administrative Agent (acting at the direction of the Required Lenders) to the Parent Borrower of its obligations under this Section, following the occurrence and during the continuation of any other Event of Default,

Appears in 2 contracts

Samples: Credit Agreement (Hanesbrands Inc.), Credit Agreement (Hanesbrands Inc.)

Deemed Disbursements. Upon the occurrence and during the continuation of any Event of Default under Section 8.1.9 11.1(i) or upon notification by the Administrative Agent (acting at the direction of the Required Lenders) to the Borrower of its obligations under this Section, following the occurrence and during the continuation of any other Event of Default,:

Appears in 1 contract

Samples: Credit Agreement (Parametric Sound Corp)

Deemed Disbursements. Upon the occurrence and during the continuation of any Default under Section 8.1.9 or upon notification by the Administrative Agent (acting at the direction of the Required Lenders) to the Borrower Borrowers of its their obligations under this SectionSection 2.6.4, following the occurrence and during the continuation of any other Event of Default,

Appears in 1 contract

Samples: Credit Agreement (Chesapeake Corp /Va/)

Deemed Disbursements. Upon the occurrence and during the continuation of any Event of Default under Section 8.1.9 or or, upon notification by the Administrative Agent (acting at the direction of the Required Lenders) to the Borrower of its obligations under this Section, following the occurrence and during the continuation of any other Event of Default,

Appears in 1 contract

Samples: Revolving Credit Agreement (Ust Inc)

Deemed Disbursements. Upon -------------------- the occurrence and during the continuation of any Event of Default under of the type described in Section 8.1.9 or upon notification by or, with ------------- notice from the Administrative Agent (acting at the direction of the Required Lenders) to the Borrower of its obligations under this Section, following upon the occurrence and during the continuation of any other Event of Default,

Appears in 1 contract

Samples: Credit Agreement (Triarc Companies Inc)

Deemed Disbursements. Upon the occurrence and during the continuation of any Default under Section 8.1.9 or upon notification by the Administrative Agent (acting at the direction of the Required Lenders) to the each Borrower of its obligations under this Section, following the occurrence and during the continuation of any other Event of Default,

Appears in 1 contract

Samples: Credit Agreement (WRC Media Inc)

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Deemed Disbursements. Upon the occurrence and during the continuation of any Default under Section 8.1.9 8.1(f) or upon notification by the Administrative Agent (acting at the direction of the Required Lenders) to the Borrower of its obligations under this Section, following the occurrence and during the continuation of any other Event of Default,

Appears in 1 contract

Samples: Credit Agreement (General Bearing Corp)

Deemed Disbursements. Upon the occurrence and during the continuation of any Default under Section 8.1.9 or upon notification by the Administrative Agent (acting at the direction of the Required Lenders) to the Borrower Company of its obligations under this Section, following the occurrence and during the continuation of any other Event of Default,

Appears in 1 contract

Samples: Credit Agreement (Railamerica Inc /De)

Deemed Disbursements. Upon the occurrence and during the continuation of any Default under Section 8.1.9 9.1.9 or upon notification by the Administrative Agent (acting at the direction of the Required Majority Lenders) to the Borrower Borrowers of its their obligations under this Section, following the occurrence and during the continuation of any other Event of Default,

Appears in 1 contract

Samples: First Lien Credit Agreement (Milagro Oil & Gas, Inc.)

Deemed Disbursements. (a) Upon the occurrence and during the continuation of any Default under Section 8.1.9 or upon notification by the Administrative Agent (acting at the direction of the Required Lenders) to the Borrower of its obligations under this Section, following the occurrence and during the continuation of any other Event of Default,

Appears in 1 contract

Samples: Credit Agreement (Dynamic Offshore Resources, Inc.)

Deemed Disbursements. Upon the occurrence and during the continuation of any Default under Section 8.1.9 Sections 8.1.5 or upon notification by the Administrative Agent (acting on its own or at the direction of the Required Lenders) to the Borrower of its obligations under this Section, following the occurrence and during the continuation of any other Event of Default,

Appears in 1 contract

Samples: Credit Agreement (Pinnacle Gas Resources, Inc.)

Deemed Disbursements. Upon the occurrence and during the continuation of any Default under Section 8.1.9 or upon notification by the Administrative Agent (acting at the direction of the Required Lenders) to the Borrower Account Party of its obligations under this Section, Section following the occurrence and during the continuation of any other Event of Default,

Appears in 1 contract

Samples: Reimbursement Agreement (PPL Energy Supply LLC)

Deemed Disbursements. Upon the occurrence and during the continuation of any Default under Section 8.1.9 or upon notification by the Administrative Agent (acting at 40 74 the direction of the Required Lenders) to the Borrower of its obligations under this Section, following the occurrence and during the continuation of any other Event of Default,

Appears in 1 contract

Samples: Credit Agreement (Global Power Equipment Group Inc/)

Deemed Disbursements. Upon the occurrence and during the continuation of any Default under Section 8.1.9 8.1.10 or upon notification by the Administrative Agent (acting at the direction of the Required Lenders) to the any Borrower of its obligations under this Section, following the occurrence and during the continuation of any other Event of Default,

Appears in 1 contract

Samples: Credit Agreement (Winn Dixie Stores Inc)

Deemed Disbursements. Upon the occurrence and during the continuation of any Event of Default under clauses (a) through (d) of Section 8.1.9 or upon notification by the Administrative Agent (acting at the direction of the Required Lenders) to the Borrower of its obligations under this Section, following the occurrence and during the continuation of any other Event of Default,

Appears in 1 contract

Samples: First Lien Exit Credit Agreement (Energy XXI Gulf Coast, Inc.)

Deemed Disbursements. Upon the occurrence and during the continuation of any Default under Section 8.1.9 or upon written notification by the Administrative Agent (acting at the direction of the Required Lenders) to the Borrower of its obligations under this Section, following the occurrence and during the continuation of any other Event of Default,

Appears in 1 contract

Samples: Credit Agreement (Hecla Mining Co/De/)

Deemed Disbursements. Upon the occurrence and during the -------------------- continuation of any Default under Section 8.1.9 or upon notification by the ------------- Administrative Agent (acting at the direction of the Required Lenders) to the Borrower of its obligations under this Section, following the occurrence and during the continuation of any other Event of Default,

Appears in 1 contract

Samples: Credit Agreement (Stillwater Mining Co /De/)

Deemed Disbursements. Upon the occurrence and during the continuation of any Default under Section 8.1.9 9.1.9 or upon notification by the Administrative Agent (acting at the direction of the Required Lenders) to the Borrower Borrowers of its their obligations under this Section, following the occurrence and during the continuation of any other Event of Default,

Appears in 1 contract

Samples: Credit Agreement (United Surgical Partners International Inc)

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