Common use of Deemed Disbursements Clause in Contracts

Deemed Disbursements. Upon the occurrence and during the continuation of any Event of Default of the type described in clauses (b) through (d) of Section 8.1.9 with respect to any Obligor (other than Subsidiaries that are not Material Subsidiaries) or, with notice from the Administrative Agent acting at the direction of the Required Lenders, upon the occurrence and during the continuation of any other Event of Default,

Appears in 6 contracts

Samples: And Combined Credit Agreement (Merrill Corp), Credit Agreement (Advanstar Communications Inc), Credit Agreement (Charles River Laboratories International Inc)

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Deemed Disbursements. Upon the occurrence and during the continuation of any Event of Default of the type described in clauses (b) through (d) of Section 8.1.9 with respect to any Obligor (other than Subsidiaries that are not Material immaterial Subsidiaries) or, with notice from the Administrative Agent acting at the direction of the Required Lenders, upon the occurrence and during the continuation of any other Event of Default,

Appears in 5 contracts

Samples: Credit Agreement (Brand Scaffold Services Inc), Credit Agreement (Decisionone Corp /De), Credit Agreement (Decisionone Corp /De)

Deemed Disbursements. Upon the occurrence and during the continuation of any Event of Default of the type described in clauses (b) through (d) of Section 8.1.9 with respect to any Obligor (other than Subsidiaries that are not Material Subsidiaries) or, with notice from the Administrative Agent acting at the direction of the Required Lenders, upon the occurrence and during the continuation of any other Event of Default,

Appears in 3 contracts

Samples: Credit Agreement (Insilco Technologies Inc), Credit Agreement (Formica Corp), Credit Agreement (Formica Corp)

Deemed Disbursements. Upon the occurrence and during the continuation of any Event of Default of the type described in clauses (ba) through (d) of Section 8.1.9 with respect to any Obligor (other than Subsidiaries any Subsidiary that are is not a Material SubsidiariesSubsidiary) or, with notice from the Administrative Agent acting at the direction of the Required Lenders, upon the occurrence and during the continuation of any other Event of Default,

Appears in 2 contracts

Samples: Credit Agreement (Nextel Partners Inc), Credit Agreement (Nextel Partners Inc)

Deemed Disbursements. Upon the occurrence and during the continuation of any Event of Default of the type described in clauses (b) through (d) of Section 8.1.9 with respect to any Obligor (other than Subsidiaries that are not Material Subsidiaries) or, with notice from the Administrative Agent acting (at the direction request of the Required Lenders), upon the occurrence and during the continuation of any other Event of Default,:

Appears in 1 contract

Samples: Credit Agreement (Kerzner International Employment Services LTD)

Deemed Disbursements. Upon the occurrence and during the continuation of any Event of Default of the type described in clauses (a), (b), (c) through or (d) of Section 8.1.9 with respect to any Obligor (other than Subsidiaries that are not Material Subsidiaries) or, with upon written notice from the Administrative Agent acting given at the direction of the Required Lenders, upon the occurrence and during the continuation of any other Event of Default,

Appears in 1 contract

Samples: Credit Agreement (Prosource Inc)

Deemed Disbursements. Upon the occurrence and during the -------------------- continuation of any Event of Default of the type described in clauses (b) ----------- through (d) of Section 8.1.9 with respect to any Obligor (other than --- ------------- Subsidiaries that are not Material Subsidiaries) or, with notice from the Administrative Agent acting at the direction of the Required Lenders, upon the occurrence and during the continuation of any other Event of Default,

Appears in 1 contract

Samples: Credit Agreement (Advanstar Inc)

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Deemed Disbursements. Upon the occurrence and during the continuation of any Event of Default of the type described in clauses (b) through (d) of Section 8.1.9 with respect to any Obligor (other than Subsidiaries that are not Material Immaterial Subsidiaries) or, with notice from the Administrative Agent acting at the direction of the Required Lenders, upon the occurrence and during the continuation of any other Event of Default,

Appears in 1 contract

Samples: Credit Agreement (Thermadyne Holdings Corp /De)

Deemed Disbursements. Upon the occurrence and during the continuation of any Event of Default of the type described in clauses (ba) through (d) of Section 8.1.9 with respect to any Obligor (other than Subsidiaries that are not Material Subsidiaries) or, with notice from the Administrative Agent acting at the direction of the Required Lenders, upon the occurrence and during the continuation of any other Event of Default,

Appears in 1 contract

Samples: Revolving Credit Agreement (Royster-Clark Inc)

Deemed Disbursements. Upon the occurrence and during the continuation of any Event of Default of the type described in clauses (ba) through (d) of Section 8.1.9 with respect to any Obligor (other than Subsidiaries that are not Material Subsidiariesany Immaterial Subsidiary) or, with notice from the Administrative Agent acting at the direction of the Required Lenders, upon the occurrence and during the continuation of any other Event of Default,

Appears in 1 contract

Samples: Credit Agreement (True Temper Sports Inc)

Deemed Disbursements. Upon the occurrence and during the continuation of any Event of Default of the type described in clauses (ba) through (d) of Section 8.1.9 with respect to any Obligor (other than Subsidiaries that are not Material Subsidiaries) or, with notice from the Administrative Agent acting at the direction of the Current Assets Required LendersLenders pursuant to Section 8.3, upon the occurrence and during the continuation of any other Event of Default,

Appears in 1 contract

Samples: Revolving Credit Agreement (Sterling Chemical Inc)

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