Common use of Defaulting Lenders Clause in Contracts

Defaulting Lenders. (a) If any Letters of Credit are outstanding at the time a Lender becomes a Defaulting Lender, and the Commitments have not been terminated in accordance with Section 6.01, then:

Appears in 18 contracts

Samples: Five Year Credit Agreement (Omnicom Group Inc.), Five Year Credit Agreement (Omnicom Group Inc), Year Credit Agreement (Omnicom Group Inc)

AutoNDA by SimpleDocs

Defaulting Lenders. (a) If any Swing Line Advances or Letters of Credit are outstanding at the time a Lender becomes a Defaulting Lender, and the Commitments have not been terminated in accordance with Section 6.01, then:

Appears in 10 contracts

Samples: Credit Agreement (Honeywell International Inc), Five Year Credit Agreement (Honeywell International Inc), Five Year Credit Agreement (Honeywell International Inc)

Defaulting Lenders. (a) If any Letters of Credit are outstanding at the time a Lender becomes a Defaulting Lender, and the Commitments have not been terminated in accordance with Section 6.016.2, then:

Appears in 7 contracts

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

Defaulting Lenders. (a) If any Loans or Letters of Credit are outstanding at the time a Lender becomes a Defaulting Lender, and the Commitments have not been terminated in accordance with Section 6.018.02, then:

Appears in 6 contracts

Samples: Revolving Credit Agreement (NextEra Energy Partners, LP), Revolving Credit Agreement (NextEra Energy Partners, LP), Revolving Credit Agreement (DESRI Inc.)

Defaulting Lenders. (a) If any Letters of Credit are outstanding at the time a Lender becomes a Defaulting Lender, and the Commitments have not been terminated in accordance with Section 6.01Article 7, then:

Appears in 5 contracts

Samples: Credit Agreement (Cloud Peak Energy Inc.), Credit Agreement (Cloud Peak Energy Resources LLC), Credit Agreement (Cloud Peak Energy Resources LLC)

Defaulting Lenders. (a) If any Letters of Credit or Swing Line Advances are outstanding at the time a Lender becomes a Defaulting Lender, and the Commitments have not been terminated in accordance with Section 6.01, then:

Appears in 4 contracts

Samples: Assignment and Assumption (Jabil Circuit Inc), Credit Agreement (Interpublic Group of Companies, Inc.), Credit Agreement (Interpublic Group of Companies, Inc.)

Defaulting Lenders. (a) If any Letters of Credit are outstanding at the time a Lender becomes a Defaulting Lender, and the Tranche A Commitments have not been terminated in accordance with Section 6.01, then:

Appears in 3 contracts

Samples: Credit Agreement (Jabil Inc), Credit Agreement (Jabil Inc), Credit Agreement (Jabil Inc)

Defaulting Lenders. (a) If any Letters of Credit are outstanding at the time a Lender becomes a Defaulting Lender, and the Revolving Credit Commitments have not been terminated in accordance with Section 6.01, then:

Appears in 3 contracts

Samples: Credit Agreement (Synnex Corp), Assignment and Assumption (Jabil Inc), Assignment and Assumption (Jabil Circuit Inc)

AutoNDA by SimpleDocs

Defaulting Lenders. (a) If any Letters of Credit or Swing Line Borrowings are outstanding at the time a Lender becomes a Defaulting Lender, and the Commitments have not been terminated in accordance with Section 6.016.1, then:

Appears in 2 contracts

Samples: Credit Agreement (Marsh & McLennan Companies, Inc.), Credit Agreement (Marsh & McLennan Companies, Inc.)

Defaulting Lenders. (a) If any Letters of Credit are outstanding at the time a Lender becomes a Defaulting Lender, and the Commitments have not been terminated in accordance with Section 6.017.3, then:

Appears in 1 contract

Samples: Credit Agreement (Royal Caribbean Cruises LTD)

Defaulting Lenders. (a) If any Letters of Credit are outstanding at the time a Lender becomes a Defaulting Lender, any Letters of Credit or Swingline Advances are outstanding, and the Revolving Credit Commitments have not been terminated in accordance with Section 6.01, then:

Appears in 1 contract

Samples: Credit Agreement (Td Synnex Corp)

Defaulting Lenders. (a) If any Letters of Credit are outstanding at the time a Lender becomes a Defaulting Lender, and the Commitments have not been terminated in accordance with Section 6.01Article VII, then:

Appears in 1 contract

Samples: Credit Agreement (Avista Corp)

Defaulting Lenders. (a) If any Letters of Credit are outstanding at the time a Lender becomes a Defaulting Lender, and the Commitments have not been terminated in accordance with Section 6.01Article VII, then:

Appears in 1 contract

Samples: Credit Agreement (Avista Corp)

Time is Money Join Law Insider Premium to draft better contracts faster.