Common use of Effect of Event of Default Clause in Contracts

Effect of Event of Default. If any Event of Default described in Section 11.1.3 shall occur, the Commitments (if they have not theretofore terminated) shall immediately terminate and all Loans and all interest and other amounts due hereunder shall become immediately due and payable, all without presentment, demand or notice of any kind; and, in the case of any other Event of Default, the Agent may, and upon written request of the Required Banks shall, declare the Commitments (if they have not theretofore terminated) to be terminated and all Loans and all interest and other amounts due hereunder to be due and payable, whereupon the Commitments (if they have not theretofore terminated) shall immediately terminate and all Loans and all interest and other amounts due hereunder shall become immediately due and payable, all without presentment, demand or notice of any kind. The Agent shall promptly advise the Company and each Bank of any such declaration, but failure to do so shall not impair the effect of such declaration.

Effect of Event of Default. If any Event of Default described in Section 11.1.3 10.1.3 shall occur, the Commitments (if they have not theretofore terminated) shall immediately terminate and all Committed Loans and all interest and other amounts due hereunder shall become immediately due and payable, all without presentment, demand or notice of any kind; and, in the case of any other Event of Default, the Agent may, and upon written request of the Required Banks Lenders shall, declare the Commitments (if they have not theretofore terminated) to be terminated and all Committed Loans and all interest and other amounts due hereunder to be due and payable, whereupon the Commitments (if they have not theretofore terminated) shall immediately terminate and all Committed Loans and all interest and other amounts due hereunder shall become immediately due and payable, all without presentment, demand or notice of any kind. The Agent shall promptly advise the Company and each Bank Lender of any such declaration, but failure to do so shall not impair the effect of such declaration.

Effect of Event of Default. If (a) any Event of Default described in Section 11.1.3 8.1(J) shall occur, the Commitments (if they have not theretofore terminated) shall immediately terminate and all Loans and all interest and other amounts due hereunder Notes shall become immediately due and payable, all without presentment, demand demand, protest or notice of any kind, or any action by Agent or any of the Lenders; and, in the case of and (b) any other Event of DefaultDefault shall occur (other than an Event of Default described in Section 8.1(J)), the Agent may, may (and upon written request of the Required Banks Lenders, shall, ) declare the Commitments (if they have not theretofore terminated) to be terminated and all Loans and all interest and other amounts due hereunder Notes to be due and payable, whereupon the Commitments (if they have not theretofore terminated) shall immediately terminate and all Loans and all interest and other amounts due hereunder Notes shall become immediately due and payable, all without presentment, demand demand, protest or notice of any kind. The Agent shall promptly advise the Company Borrowers and each Bank Lender of any such declaration, but failure to do so shall not impair the effect of such declaration.

Effect of Event of Default. If any Event of Default described in Section 11.1.3 10.1.3 shall occur, the Commitments (if they have not theretofore terminated) shall immediately terminate and all Committed Loans and all interest and other amounts due hereunder shall become immediately due and payable, all without presentment, demand or notice of any kind; and, in the case of any other Event of Default, the Agent may, and upon written request of the Required Banks shall, declare the Commitments (if they have not theretofore terminated) to be terminated and all Committed Loans and all interest and other amounts due hereunder to be due and payable, whereupon the Commitments (if they have not theretofore terminated) shall immediately terminate and all Committed Loans and all interest and other amounts due hereunder shall become immediately due and payable, all without presentment, demand or notice of any kind. The Agent shall promptly advise the Company and each Bank of any such declaration, but failure to do so shall not impair the effect of such declaration.

Effect of Event of Default. If any Event of Default -------------------------- described in Section 11.1.3 shall occur, the Commitments (if they have not -------------- theretofore terminated) shall immediately terminate and all Loans and all interest and other amounts due hereunder shall become immediately due and payable, all without presentment, demand or notice of any kind; and, in the case of any other Event of Default, the Agent may, and upon written request of the Required Banks shall, declare the Commitments (if they have not theretofore terminated) to be terminated and all Loans and all interest and other amounts due hereunder to be due and payable, whereupon the Commitments (if they have not theretofore terminated) shall immediately terminate and all Loans and all interest and other amounts due hereunder shall become immediately due and payable, all without presentment, demand or notice of any kind. The Agent shall promptly advise the Company and each Bank of any such declaration, but failure to do so shall not impair the effect of such declaration.

Effect of Event of Default. If any Event of Default described in Section 11.1.3 9.1.4 shall occur, the Commitments Commitment (if they have it has not theretofore terminated) shall immediately terminate and all the Loans and all interest and other amounts due obligations hereunder shall become immediately due and payable, all without presentment, demand demand, protest or notice of any kind; and, in the case of if any other Event of DefaultDefault shall occur and be continuing, the Agent may, and upon written request of the Required Banks shall, Bank may declare the Commitments Commitment (if they have it has not theretofore terminated) to be terminated and and/or declare all Loans and all interest and other amounts due obligations hereunder to be due and payable, whereupon the Commitments Commitment (if they have it has not theretofore terminated) shall immediately terminate and and/or all Loans and all interest and other amounts due obligations hereunder shall become immediately due and payable, all without presentment, demand demand, protest or notice of any kind. The Agent Bank shall promptly advise the Company and each Bank Borrower of any such declaration, but failure to do so shall not impair the effect of such declaration.

Effect of Event of Default. If any Event of Default described in Section 11.1.3 10.1.3 shall occur, the Commitments (if they have not theretofore terminated) shall immediately terminate and all Committed Loans and all interest and other amounts due hereunder shall become immediately due and payable, all without presentment, demand or notice of any kind; and, in the case of any other Event of Default, the Agent may, and upon written request of the Required Banks Lenders shall, declare the Commitments (if they have not theretofore terminated) to be terminated and all Committed Loans and all interest and other amounts due hereunder to be due and payable, whereupon the Commitments (if they have not theretofore terminated) shall immediately terminate and all Committed Loans and all interest and other amounts due hereunder shall become immediately due and payable, all without presentment, demand or notice of any kind. The Agent shall promptly advise the Company and each Bank Lender of any such declaration, but failure to do so shall not impair the effect of such declaration. SECTION 11.