Common use of Defaulting Lenders Clause in Contracts

Defaulting Lenders. Notwithstanding the foregoing clause (a), if there exists a Defaulting Lender each payment by the Borrower to such Defaulting Lender hereunder shall be applied in accordance with Section 5.15(a)(ii).

Appears in 14 contracts

Samples: Credit Agreement (Patrick Industries Inc), Credit Agreement (Cirrus Logic Inc), Credit Agreement (Jack in the Box Inc /New/)

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Defaulting Lenders. Notwithstanding the foregoing clause (a), if there exists a Defaulting Lender each payment by the Borrower to such Defaulting Lender hereunder shall be applied in accordance with Section 5.15(a)(ii5.14(b).

Appears in 9 contracts

Samples: Credit Agreement (O Charleys Inc), Credit Agreement (Great Lakes Dredge & Dock CORP), Credit Agreement (Patrick Industries Inc)

Defaulting Lenders. Notwithstanding anything to the foregoing clause (a)contrary in this Section 4.4, if there exists a Defaulting Lender each payment by the any Borrower to or for the account of such Defaulting Lender hereunder shall be applied in accordance with Section 5.15(a)(ii4.16(b).

Appears in 8 contracts

Samples: Credit Agreement (BlackRock Inc.), Revolving Credit Agreement (BlackRock Inc.), Credit Agreement (BlackRock Inc.)

Defaulting Lenders. Notwithstanding the foregoing clause (a)foregoing, if there exists a Defaulting Lender each payment by the any Borrower to such Defaulting Lender hereunder shall be applied in accordance with Section 5.15(a)(ii).

Appears in 7 contracts

Samples: Credit Agreement (Centuri Holdings, Inc.), Credit Agreement (Southwest Gas Corp), Credit Agreement (Southwest Gas Corp)

Defaulting Lenders. Notwithstanding the foregoing clause clauses (a), (b) and (c), if there exists a Defaulting Lender Lender, each payment by the Borrower Credit Parties to such Defaulting Lender hereunder shall be applied in accordance with Section 5.15(a)(ii2.25(b).

Appears in 7 contracts

Samples: Credit Agreement (WestRock Co), Credit Agreement (WestRock Co), Credit Agreement (WestRock Co)

Defaulting Lenders. Notwithstanding the foregoing clause (a), if there exists a Defaulting Lender each payment by the Borrower to such Defaulting Lender hereunder shall be applied in accordance with Section 5.15(a)(ii4.14(a)(ii).

Appears in 5 contracts

Samples: Credit Agreement (MGP Ingredients Inc), Credit Agreement (MGP Ingredients Inc), Credit Agreement (Fastenal Co)

Defaulting Lenders. Notwithstanding the foregoing clause (a), if there exists a Defaulting Lender each payment by the Borrower to such Defaulting Lender hereunder shall be applied in accordance with Section 5.15(a)(ii14.21(a)(ii).

Appears in 4 contracts

Samples: Credit Agreement (Fossil Group, Inc.), Credit Agreement (Fossil Group, Inc.), Credit Agreement (Fossil Inc)

Defaulting Lenders. Notwithstanding the foregoing clause (a), if there exists a Defaulting Lender each payment by the Borrower to such Defaulting Lender hereunder shall be applied in accordance with Section 5.15(a)(ii4.15(a).

Appears in 4 contracts

Samples: Credit Agreement (DCP Midstream, LP), Credit Agreement (DCP Midstream Partners, LP), Credit Agreement (DCP Midstream, LP)

Defaulting Lenders. Notwithstanding the foregoing clause (a), if there exists a Defaulting Lender each payment by the Borrower to such Defaulting Lender hereunder shall be applied in accordance with Section 5.15(a)(ii5.15(b).

Appears in 4 contracts

Samples: Credit Agreement (Orbital Atk, Inc.), Credit Agreement (Orbital Sciences Corp /De/), Credit Agreement (Orbital Sciences Corp /De/)

Defaulting Lenders. Notwithstanding the foregoing clause (a), if there exists a Defaulting Lender Lender, each payment by the Borrower to such Defaulting Lender hereunder shall be applied in accordance with Section 5.15(a)(ii4.15(a)(ii).

Appears in 4 contracts

Samples: Loan Credit Agreement (CoreCivic, Inc.), Credit Agreement (CoreCivic, Inc.), Credit Agreement (CoreCivic, Inc.)

Defaulting Lenders. Notwithstanding the foregoing clause (a), if there exists a Defaulting Lender each payment by the Borrower to such Defaulting Lender hereunder shall be applied in accordance with Section 5.15(a)(ii4.13(b).

Appears in 3 contracts

Samples: Credit Agreement (Fastenal Co), Credit Agreement (Aci Worldwide, Inc.), Credit Agreement (Buffalo Wild Wings Inc)

Defaulting Lenders. Notwithstanding the foregoing clause (a), if there exists a Defaulting Lender each payment by the Borrower to such Defaulting Lender hereunder shall be applied in accordance with Section 5.15(a)(ii4.15(a)(ii).

Appears in 3 contracts

Samples: Credit Agreement (Corrections Corp of America), Credit Agreement (Corrections Corp of America), Credit Agreement (Corrections Corp of America)

Defaulting Lenders. Notwithstanding the foregoing clause (a), if there exists a Defaulting Lender Lender, each payment by the Borrower to such Defaulting Lender hereunder shall be applied in accordance with Section 5.15(a)(ii4.15(a).

Appears in 3 contracts

Samples: Term Loan Agreement (DCP Midstream Partners, LP), Term Loan Agreement (DCP Midstream Partners, LP), Term Loan Agreement (DCP Midstream Partners, LP)

Defaulting Lenders. Notwithstanding the foregoing clause (a)foregoing, if there exists a Defaulting Lender each payment by the Borrower to such Defaulting Lender hereunder shall be applied in accordance with Section 5.15(a)(ii5.16(a)(ii).

Appears in 3 contracts

Samples: Credit Agreement (Blackhawk Network Holdings, Inc), Credit Agreement (Blackhawk Network Holdings, Inc), Credit Agreement (Blackhawk Network Holdings, Inc)

Defaulting Lenders. Notwithstanding the foregoing clause (a), if there exists a Defaulting Lender Lender, each payment by the any Borrower to such Defaulting Lender hereunder shall be applied in accordance with Section 5.15(a)(ii).

Appears in 3 contracts

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

Defaulting Lenders. Notwithstanding the foregoing clause (a), if there exists a Defaulting Lender each payment by the Borrower to such Defaulting Lender hereunder shall be applied in accordance with Section 5.15(a)(ii4.14(b).

Appears in 2 contracts

Samples: Credit Agreement (Macquarie Infrastructure Corp), Credit Agreement (Macquarie Infrastructure CO LLC)

Defaulting Lenders. Notwithstanding the foregoing clause clauses (a), (b), (c) and (d) if there exists a Defaulting Lender Lender, each payment by the a Borrower to such Defaulting Lender hereunder shall be applied in accordance with Section 5.15(a)(ii5.16(a)(ii).

Appears in 2 contracts

Samples: Credit Agreement (Pool Corp), Credit Agreement (Pool Corp)

Defaulting Lenders. Notwithstanding the foregoing clause clauses (a), (b) and (c), if there exists a Defaulting Lender Lender, each payment by the Borrower Borrowers to such Defaulting Lender hereunder shall be applied in accordance with Section 5.15(a)(ii2.25(b).

Appears in 2 contracts

Samples: Credit Agreement (WestRock Co), Credit Agreement (WestRock Co)

Defaulting Lenders. Notwithstanding the foregoing clause (a), if there exists a Defaulting Lender each payment by the Borrower Borrowers to such Defaulting Lender hereunder shall be applied in accordance with Section 5.15(a)(ii5.14(a)(ii).

Appears in 2 contracts

Samples: Credit Agreement (Aci Worldwide, Inc.), Credit Agreement (Aci Worldwide, Inc.)

Defaulting Lenders. Notwithstanding the foregoing clause (a), if there exists a Defaulting Lender Lender, each payment by the Borrower to such Defaulting Lender hereunder shall be applied in accordance with Section 5.15(a)(ii5.14(c).

Appears in 2 contracts

Samples: Credit Agreement (CST Brands, Inc.), Credit Agreement (CST Brands, Inc.)

Defaulting Lenders. Notwithstanding the foregoing clause clauses (a), (b) and (c), if there exists a Defaulting Lender Lender, each payment by the Borrower Borrowers to such Defaulting Lender hereunder shall be applied in accordance with Section 5.15(a)(ii2.24(b).

Appears in 2 contracts

Samples: Credit Agreement (Rock-Tenn CO), Credit Agreement (Rock-Tenn CO)

Defaulting Lenders. Notwithstanding the foregoing clause (a), if there exists a Defaulting Lender each payment by the Borrower to such Defaulting Lender hereunder shall be applied in accordance with Section 5.15(a)(ii5.13(b).

Appears in 2 contracts

Samples: Credit Agreement (Aci Worldwide, Inc.), Credit Agreement (Aci Worldwide, Inc.)

Defaulting Lenders. Notwithstanding the foregoing clause (a), if there exists a Defaulting Lender each payment by the Borrower to such Defaulting Lender hereunder shall be applied in accordance with Section 5.15(a)(ii2.15(a)(ii).

Appears in 2 contracts

Samples: Credit Agreement (Interval Leisure Group, Inc.), Credit Agreement (Interval Leisure Group, Inc.)

Defaulting Lenders. Notwithstanding the foregoing clause (a), if there exists a Defaulting Lender each payment by the Borrower Borrowers to such Defaulting Lender hereunder shall be applied in accordance with Section 5.15(a)(ii4.14(b).

Appears in 2 contracts

Samples: Loan Agreement (Omega Protein Corp), Loan Agreement (Omega Protein Corp)

Defaulting Lenders. Notwithstanding the foregoing clause (ai), if there exists a Defaulting Lender each payment by the Borrower to such Defaulting Lender hereunder shall be applied in accordance with Section 5.15(a)(ii).subsection 2.12B.

Appears in 1 contract

Samples: Credit Agreement (Mosaic Co)

Defaulting Lenders. Notwithstanding the foregoing clause clauses (a) and (b), if there exists a Defaulting Lender each payment by the Borrower to such Defaulting Lender hereunder shall be applied in accordance with Section 5.15(a)(ii4.14(b).

Appears in 1 contract

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

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Defaulting Lenders. Notwithstanding the foregoing clause clauses (a) and (b), if there exists a Defaulting Lender each payment by the Borrower Borrowers to such Defaulting Lender hereunder shall be applied in accordance with Section 5.15(a)(ii5.14(b).

Appears in 1 contract

Samples: Credit Agreement (KMG Chemicals Inc)

Defaulting Lenders. Notwithstanding the foregoing clause (a), if there exists a Defaulting Lender Lender, each payment by the Borrower to such Defaulting Lender hereunder shall be applied in accordance with Section 5.15(a)(ii4.14(b).

Appears in 1 contract

Samples: Credit Agreement (Lmi Aerospace Inc)

Defaulting Lenders. Notwithstanding the foregoing clause (a), if there exists a Defaulting Lender each payment by the Borrower Borrowers to such Defaulting Lender hereunder shall be applied in accordance with Section 5.15(a)(ii5.14(b).

Appears in 1 contract

Samples: Pledge Agreement (Coeur D Alene Mines Corp)

Defaulting Lenders. Notwithstanding the foregoing clause (a), if there exists any Lender becomes a Defaulting Lender, then, until such time as such Lender is no longer a Defaulting Lender, each payment by the Borrower to such Defaulting Lender Borrowers hereunder shall be applied in accordance with Section 5.15(a)(ii5.13(b).

Appears in 1 contract

Samples: Credit Agreement (Belk Inc)

Defaulting Lenders. Notwithstanding the foregoing clause (a), if there exists a Defaulting Lender each payment by the Borrower to such Defaulting Lender hereunder shall be applied in accordance with Section 5.15(a)(ii4.15(b).

Appears in 1 contract

Samples: Credit Agreement (Stancorp Financial Group Inc)

Defaulting Lenders. Notwithstanding the foregoing clause (ai), if there exists a Defaulting Lender each payment by the Borrower to such Defaulting Lender hereunder shall be applied in accordance with Section 5.15(a)(ii).subsection 2.11B.

Appears in 1 contract

Samples: Credit Agreement (Jones Financial Companies LLLP)

Defaulting Lenders. Notwithstanding the foregoing clause clauses (a), (b) and (c), if there exists a Defaulting Lender Lender, each payment by the Borrower to such Defaulting Lender hereunder shall be applied in accordance with Section 5.15(a)(ii2.25(b).

Appears in 1 contract

Samples: Credit Agreement (WestRock Co)

Defaulting Lenders. Notwithstanding the foregoing clause (ai), if there exists a Defaulting Lender each payment by the Borrower to such Defaulting Lender hereunder shall be applied in accordance with Section 5.15(a)(ii).subsection 2.122.11B.

Appears in 1 contract

Samples: Credit Agreement (Mosaic Co)

Defaulting Lenders. Notwithstanding the foregoing clause (a), if there exists a Defaulting Lender each payment by the Borrower to such Defaulting Lender hereunder shall be applied in accordance with Section 5.15(a)(ii3.14(a).

Appears in 1 contract

Samples: Credit Agreement (UNITED THERAPEUTICS Corp)

Defaulting Lenders. Notwithstanding the foregoing clause (ai), if there exists a Defaulting Lender each payment by the Borrower to such Defaulting Lender hereunder shall be applied in accordance with Section 5.15(a)(ii).Subsection 2.11B.

Appears in 1 contract

Samples: Credit Agreement (Jones Financial Companies LLLP)

Defaulting Lenders. Notwithstanding the foregoing clause (a), if there exists a Defaulting Lender Lender, each payment by the Borrower to such Defaulting Lender hereunder shall be applied in accordance with Section 5.15(a)(ii5.13(b).

Appears in 1 contract

Samples: Credit Agreement (Wingstop Inc.)

Defaulting Lenders. Notwithstanding the foregoing clause (a), if there exists a Defaulting Lender each payment by the Borrower to such Defaulting Lender hereunder shall be applied in accordance with Section 5.15(a)(ii)5.15.

Appears in 1 contract

Samples: Credit Agreement (Southwest Gas Corp)

Defaulting Lenders. Notwithstanding the foregoing clause (aSection 5.4(a), if there exists a Defaulting Lender each payment by the Borrower to such Defaulting Lender hereunder shall be applied in accordance with Section 5.15(a)(ii).

Appears in 1 contract

Samples: Credit Agreement (Cross Country Healthcare Inc)

Defaulting Lenders. Notwithstanding the foregoing clause (a), if there exists a Defaulting Lender each payment by the Borrower to such Defaulting Lender hereunder shall be applied in accordance with Section 5.15(a)(ii5.14(a)(ii).

Appears in 1 contract

Samples: Credit Agreement (Aci Worldwide, Inc.)

Defaulting Lenders. Notwithstanding the foregoing clause clauses (a) and (b), if there exists a Defaulting Lender each payment by the Borrower to such Defaulting Lender hereunder shall be applied in accordance with Section 5.15(a)(ii5.14(b).

Appears in 1 contract

Samples: Credit Agreement (KMG Chemicals Inc)

Defaulting Lenders. Notwithstanding the foregoing clause (a), if there exists a Defaulting Lender each payment by the by, or on behalf of, each Borrower to be made to such Defaulting Lender hereunder shall be applied in accordance with Section 5.15(a)(ii6.15(a)(ii).

Appears in 1 contract

Samples: Credit Agreement (Beacon Roofing Supply Inc)

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