Delinquent Banks Sample Clauses

Delinquent Banks. (a) Notwithstanding anything to the contrary contained in this Agreement or any of the other Loan Documents, any Bank that (i) willfully does not or (ii) does not as a result of a Failure (as defined below) (A) make available to the Agent its pro rata share of any Loan, or (B) comply with the provisions of Section 9.04 with respect to making dispositions and arrangements with the other Banks, where such Bank’s share of any payment received, whether by setoff or otherwise, is in excess of its pro rata share of such payments due and payable to all of the Banks, in each case as, when and to the full extent required by the provisions of this Agreement, shall be deemed delinquent (a “Delinquent Bank”) and shall be deemed a Delinquent Bank until such time as such delinquency is satisfied. A Delinquent Bank shall be deemed to have assigned any and all payments due to it from the Borrower, whether on account of outstanding Loans, interest, fees or otherwise, to the remaining nondelinquent Banks for application to, and reduction of, their respective pro rata shares of all outstanding Loans. The Delinquent Bank hereby authorizes the Agent to distribute such payments to the nondelinquent Banks in proportion to their respective pro rata shares of all outstanding Loans. A Delinquent Bank shall be deemed to have satisfied in full a delinquency when and if, as a result of application of the assigned payments to all outstanding Loans of the nondelinquent Banks, the Banks’ respective pro rata shares of all outstanding Loans have returned to those in effect immediately prior to such delinquency and without giving effect to the nonpayment causing such delinquency. The provisions of this Section 7.10 shall not affect the rights of the Borrower against any such Delinquent Bank.
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Delinquent Banks. 77 15.6. Holders of Revolving Credit Notes. ................................................78 15.7. Indemnity. .........................................................................78 15.8. Agent as Bank. .....................................................................78 15.9. Resignation. .......................................................................78 15.10. Notification of Defaults and Events of Default. ...................................79 16. EXPENSES. .....................................................................................79 17. INDEMNIFICATION. ..............................................................................80 18. SURVIVAL OF COVENANTS, ETC. ...................................................................80 19.
Delinquent Banks. 78 ---------------- 16.6. Holders of Notes.................................................... 79 ---------------- 16.7. Indemnity........................................................... 79 --------- 16.8. Agent as Bank....................................................... 79 ------------- 16.9. Resignation......................................................... 79 ----------- 16.10. Notification of Defaults and Events of Default...................... 79 ---------------------------------------------- 16.11. Duties in the Case of Enforcement................................... 80 --------------------------------- 17. EXPENSES AND INDEMNIFICATION.................................................... 80 ---------------------------- 17.1. Expenses............................................................ 80 -------- 17.2. Indemnification..................................................... 81 --------------- 17.3. Survival............................................................ 82 -------- 18. TREATMENT OF CERTAIN CONFIDENTIAL INFORMATION................................... 82 --------------------------------------------- 18.1. Sharing of Information with Section 20 Subsidiary................... 82 ------------------------------------------------- 18.2. Confidentiality..................................................... 82 --------------- 18.3.
Delinquent Banks. 94 ---------------- 16.6. Holders.......................................................................................94 ------- 16.7. Indemnity.....................................................................................94 --------- 16.8. Agent as Bank.................................................................................95 ------------- 16.9. Resignation...................................................................................95 ----------- 16.10. Notification of Defaults and Events of Default................................................95 ---------------------------------------------- 16.11. Duties in the Case of Enforcement.............................................................95 ---------------------------------
Delinquent Banks. Notwithstanding anything to the contrary contained in this Agreement or any of the other Loan Documents, any Bank that fails (i) to make available to the Operations Agent its PRO RATA share of any Loan, or (ii) to comply with the provisions of
Delinquent Banks. Section 16.6.
Delinquent Banks. Notwithstanding anything to the contrary contained in this Agreement, any Bank that fails to make available to the Administrative Agent its pro rata share of any Loan, or fails to make available to the Swing Line Bank its pro rata share of any Swing Line Loan, when and to the full extent required by the provisions of this Agreement, shall be deemed a Delinquent Bank and shall be deemed a Delinquent Bank until such time as such delinquency is satisfied. A Delinquent Bank shall be deemed to have assigned any and all payments due to it from the Company to the remaining nondelinquent Banks for application to, and reduction of, their respective pro rata shares of all outstanding Loans. The Delinquent Bank hereby authorizes the Administrative Agent to distribute such payments to the nondelinquent Banks in proportion to their respective pro rata shares of all outstanding Loans. A Delinquent Bank shall be deemed to have satisfied in full a delinquency when and if, as a result of application of the assigned payments to all outstanding Loans of the nondelinquent Banks, the Banks' respective pro rata shares of all outstanding Loans have returned to those in effect immediately prior to such delinquency and without giving effect to the nonpayment causing such delinquency.
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Delinquent Banks. 60 ss.14.6
Delinquent Banks. 57 16.6. Holders of Notes. 57 16.7. Indemnity. 58 16.8. Agent as Bank; Syndication Agent. 58 16.9.
Delinquent Banks. (a) Notwithstanding anything to the contrary contained in this Agreement or any of the other Loan Documents, any Bank (X) that has become subject of a Bail-in Action, or has a direct or indirect parent company that becomes the subject of a Bail-in Action, or (Y) that:
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