Events of Default and Their Effect. 23.1 Each of the following will constitute an "Event of Default":
Events of Default and Their Effect. If any of the following events (each an “Event of Default”) shall occur and be continuing:
Events of Default and Their Effect. Section 7.1 Each of the following shall constitute an Event of Default under this Agreement:
Events of Default and Their Effect. 47 SECTION 7.1
Events of Default and Their Effect. 66 13.1 Events of Default 66 13.2 Effect of Event of Xxxxxxx 00 XXXXXXX 00. THE AGENT. 68 14.1 Appointment and Authorization 68 14.2 Issuing Lender 69 14.3 Delegation of Duties 69 14.4 Exculpation of Administrative Agent 69 14.5 Reliance by Administrative Agent 70 14.6 Notice of Default 70 14.7 Credit Decision 70 14.8 Indemnification 71 14.9 Administrative Agent in Individual Capacity 71 14.10 Successor Administrative Agent 72 14.11 Collateral Matters 72 14.12 Administrative Agent May File Proofs of Claim 72 14.13 Other Agents; Arrangers and Managers 73 SECTION 15. GENERAL. 73 15.1 Waiver; Amendments 74 15.2 Confirmations 74 15.3 Notices 74 15.4 Computations 75 15.5 Costs, Expenses and Taxes 75 15.6 Assignments; Participations 75 15.7 Register 77 15.8 GOVERNING LAW 77 15.9 Confidentiality 77 15.10 Severability 78 15.11 Nature of Remedies 78 15.12 Entire Agreement 78 15.13 Counterparts 79 15.14 Successors and Assigns 79 15.15 Captions 79 15.16 Customer Identification - USA Patriot Act Notice 79 15.17 INDEMNIFICATION BY THE COMPANY 79 15.18 Nonliability of Lenders 80 15.19 FORUM SELECTION AND CONSENT TO JURISDICTION 81 15.20 WAIVER OF JURY TRIAL 81 ANNEXES ANNEX A Lenders and Pro Rata Shares ANNEX B Addresses for Notices SCHEDULE 9.6 Litigation and Contingent Liabilities SCHEDULE 9.8 Subsidiaries SCHEDULE 9.16 Insurance SCHEDULE 9.17 Real Property SCHEDULE 9.21 Labor Matters SCHEDULE 11.1 Existing Debt SCHEDULE 11.2 Existing Liens SCHEDULE 11.11 Investments SCHEDULE 12.1 Debt to be Repaid EXHIBITS EXHIBIT A Form of Note (Section 3.1) EXHIBIT B Form of Compliance Certificate (Section 10.1.3) EXHIBIT C Form of Borrowing Base Certificate (Section 1.1) EXHIBIT D Form of Assignment Agreement (Section 15.6.1) EXHIBIT E Form of Notice of Borrowing (Section 2.2.2) EXHIBIT F Form of Notice of Conversion/Continuation (Section 2.2.3) CREDIT AGREEMENT THIS CREDIT AGREEMENT dated as of January 2, 2007 (this “Agreement”) is entered into among KAPSTONE KRAFT PAPER CORPORATION, a Delaware corporation (the “Company”), the financial institutions that are or may from time to time become parties hereto (together with their respective successors and assigns, the “Lenders”) and LASALLE BANK NATIONAL ASSOCIATION (in its individual capacity, “LaSalle”), as administrative agent for the Lenders. The Lenders have agreed to make available to the Company a term loan and a revolving credit facility (which includes letters of credit) upon the terms and conditions set forth herein. In cons...
Events of Default and Their Effect. SECTION 7.1. Events of Default...............................................46 SECTION 7.2. Effect of Event of Default......................................49
Events of Default and Their Effect. 44 Section 7.1 Events of Default .....................................................44 Section 7.2 Effect of Event of Default ............................................47 Section 7.3 LC Collateral Account. ................................................48 ARTICLE VIII CONDITIONS..............................................................48 Section 8.1 Conditions to Occurrence of the Effective Date ........................48 Section 8.2 Conditions to All Credit Extensions ...................................50
Events of Default and Their Effect. 52 13.1 Events of Default. 52 13.1.1 Non-Payment of the Loans, etc. 52 13.1.2 Non-Payment of Other Debt. 52 13.1.3 Other Material Obligations. 52 13.1.4 Bankruptcy, Insolvency, etc. 52 13.1.5 Non-Compliance with Loan Documents. 52 13.1.6 Representations; Warranties. 53 13.1.7 Pension Plans. 53 13.1.8 Judgments. 53
Events of Default and Their Effect. 69 13.1 Events of Default 69 13.2 Effect of Event of Default 70 Section 14. THE AGENT 71 14.1 Appointment and Duties 71 14.2 Binding Effect 72 14.3 Use of Discretion. 72 14.4 Delegation of Rights and Duties 72 14.5 Reliance and Liability. 72 14.6 Agent Individually. . 73 14.7 Lender Credit Decision. 73 14.8 Expenses; Indemnities. 74 14.9 Resignation of the Agent. 74 14.10 Release of Collateral or Guarantors. 75 14.11 Additional Secured Parties. 75
Events of Default and Their Effect. Section 13.1 Events of Default 104107 Section 13.2 Cure Right 108110
