Common use of Defaulting Lender Clause in Contracts

Defaulting Lender. (a) Notwithstanding anything to the contrary contained herein, in the event any Lender is a Defaulting Lender, all rights and obligations hereunder of such Defaulting Lender and of the other parties hereto shall be modified to the extent of the express provisions of this Section 2.22 so long as such Lender is a Defaulting Lender.

Appears in 32 contracts

Samples: Credit and Security Agreement (Ferroglobe PLC), Guaranty and Security Agreement (Innovex Downhole Solutions, Inc.), Loan and Security Agreement (Ati Inc)

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Defaulting Lender. (a) Notwithstanding anything to the contrary contained herein, in the event any Lender is a Defaulting Lender, all rights and obligations hereunder of such Defaulting Lender and of the other parties hereto shall be modified to the extent of the express provisions of this Section 2.22 2.23 so long as such Lender is a Defaulting Lender.

Appears in 15 contracts

Samples: Credit and Security Agreement (ARKO Corp.), Security Agreement (Emerge Energy Services LP), Revolving Credit and Security Agreement (Integrated Drilling Equipment Holdings Corp)

Defaulting Lender. (a) Notwithstanding anything to the contrary contained herein, in the event any Lender is a Defaulting Lender, all rights and obligations hereunder of such Defaulting Lender and of the other parties hereto shall be modified to the extent of the express provisions of this Section 2.22 2.13 so long as such Lender is a Defaulting Lender.

Appears in 10 contracts

Samples: Credit and Security Agreement (Emerge Energy Services LP), Credit and Security Agreement (Emerge Energy Services LP), Credit and Security Agreement

Defaulting Lender. (a) Notwithstanding anything to the contrary contained herein, in the event any Lender is a Defaulting Lender, all rights and obligations hereunder of such Defaulting Lender and of the other parties hereto shall be modified to the extent of the express provisions of this Section 2.22 2.12 so long as such Lender is a Defaulting Lender.

Appears in 10 contracts

Samples: Credit Agreement, Credit Agreement, Credit and Security Agreement (Manhattan Bridge Capital, Inc)

Defaulting Lender. (a) Notwithstanding anything to the contrary contained set forth herein, in the event any Lender is a Defaulting Lender, all rights and obligations hereunder of such Defaulting Lender and of the other parties hereto shall be modified to the extent of the express provisions of this Section 2.22 so long as such Lender is a Defaulting Lender.

Appears in 7 contracts

Samples: Credit and Security Agreement (Quantum Corp /De/), Revolving Credit and Security Agreement (Quantum Corp /De/), Credit and Security Agreement (Perma-Pipe International Holdings, Inc.)

Defaulting Lender. (a) Notwithstanding anything to the contrary contained herein, in the event any Lender is a Defaulting Lender, all rights and obligations hereunder of such Defaulting Lender and of the other parties hereto shall be modified to the extent of the express provisions of this Section 2.22 2.20 so long as such Lender is a Defaulting Lender.

Appears in 4 contracts

Samples: Guaranty Agreement (ROC Energy Acquisition Corp.), Guaranty Agreement (Drilling Tools International Corp), Pledge and Security Agreement (Fairmount Santrol Holdings Inc.)

Defaulting Lender. (a) Notwithstanding a)Notwithstanding anything to the contrary contained set forth herein, in the event any Lender is a Defaulting Lender, all rights and obligations hereunder of such Defaulting Lender and of the other parties hereto shall be modified to the extent of the express provisions of this Section 2.22 so long as such Lender is a Defaulting Lender.

Appears in 4 contracts

Samples: Revolving Credit and Security Agreement (Williams Industrial Services Group Inc.), Security Agreement (Williams Industrial Services Group Inc.), Security Agreement (Williams Industrial Services Group Inc.)

Defaulting Lender. (a) Notwithstanding anything to the contrary contained herein, in the event any Lender is a Defaulting Lender, all rights and obligations hereunder of such Defaulting Lender and of the other parties hereto shall be modified to the extent of the express provisions of this Section 2.22 2.10 so long as such Lender is a Defaulting Lender.

Appears in 3 contracts

Samples: Credit Agreement (TerrAscend Corp.), Credit Agreement (TerrAscend Corp.), Credit Agreement (TerrAscend Corp.)

Defaulting Lender. (a) Notwithstanding anything to the contrary contained herein, in the event any Lender is a Defaulting Lender, all rights and obligations hereunder of such Defaulting Lender and of the other parties hereto shall be modified to the extent of the express provisions of this Section 2.22 2.9 so long as such Lender is a Defaulting Lender.

Appears in 2 contracts

Samples: Loan and Security Agreement (Boomerang Systems, Inc.), Term Loan Credit and Guaranty Agreement (New Enterprise Stone & Lime Co., Inc.)

Defaulting Lender. (a) Notwithstanding anything to the contrary contained herein, in the event any Lender is a Defaulting Lender, all rights and obligations hereunder of such Defaulting Lender and of the other parties hereto shall be modified to the extent of the express provisions of this Section 2.22 so long as 2.16 while such Lender is a Defaulting Lender.

Appears in 2 contracts

Samples: Loan and Security Agreement (Veeco Instruments Inc), Loan and Security Agreement (Marketwise, Inc.)

Defaulting Lender. (a) Notwithstanding anything to the contrary contained herein, in the event any Lender is a Defaulting Lender, all rights and obligations hereunder of such Defaulting Lender and of the other parties hereto shall be modified to the extent of the express provisions of this Section 2.22 2.21 so long as such Lender is a Defaulting Lender.

Appears in 2 contracts

Samples: Credit and Security Agreement (Invacare Corp), Credit and Security Agreement (Invacare Corp)

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Defaulting Lender. (a) Notwithstanding anything to the contrary contained herein, in the event any Lender is has become a Defaulting Lender, all rights and obligations hereunder of such Defaulting Lender and of the other parties hereto shall be modified to the extent of the express provisions of this Section 2.22 so long as such Lender is a Defaulting Lender3.13 for the Default Period.

Appears in 2 contracts

Samples: Credit Agreement (Comtech Telecommunications Corp /De/), Credit Agreement (Comtech Telecommunications Corp /De/)

Defaulting Lender. (a) Notwithstanding anything to the contrary contained herein, in the event any Lender is a Defaulting Lender, all rights and obligations hereunder of such Defaulting Lender and of the other parties hereto shall be modified to the extent of the express provisions of this Section 2.22 so long as such Lender is a Defaulting Lender.

Appears in 1 contract

Samples: Revolving Credit and Security Agreement (Great Lakes Dredge & Dock CORP)

Defaulting Lender. (a) Notwithstanding anything to the contrary contained herein, in the event any Lender is a Defaulting Lender, all rights and obligations hereunder of such Defaulting Lender and of the other parties hereto shall be modified to the extent of the express provisions of this Section 2.22 2.7 so long as such Lender is a Defaulting Lender.

Appears in 1 contract

Samples: Loan and Security Agreement (Ammo, Inc.)

Defaulting Lender. (a) Notwithstanding anything to the contrary contained herein, in the event any Lender is a Defaulting Lender, all rights and obligations hereunder of such Defaulting Lender Xxxxxx and of the other parties hereto shall be modified to the extent of the express provisions of this Section 2.22 so long as 2.16 while such Lender is a Defaulting Lender.

Appears in 1 contract

Samples: Loan and Security Agreement (Marketwise, Inc.)

Defaulting Lender. (a) Notwithstanding anything to the contrary contained herein, in the event any Lender is a Defaulting Lender, all rights and obligations hereunder of such Defaulting Lender and of the other parties hereto shall be modified to the extent of the express provisions of this Section 2.22 2.11 so long as such Lender is a Defaulting Lender.

Appears in 1 contract

Samples: Credit Agreement (Verano Holdings Corp.)

Defaulting Lender. (a) Notwithstanding anything to the contrary contained set forth herein, in the event any Lender is a Defaulting Lender, all rights and obligations hereunder of such Defaulting Lender and of the other parties hereto shall be modified to the extent of the express provisions of this Section 2.22 so long as such Lender is a Defaulting Lender.. 074658.18062/111245555v.10

Appears in 1 contract

Samples: Security Agreement (Perma-Pipe International Holdings, Inc.)

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