Common use of Interest Rate Agreements Clause in Contracts

Interest Rate Agreements. Nonpayment by the Borrower of any obligation under any Interest Rate Agreement or the breach by the Borrower of any term, provision or condition contained in any such Interest Rate Agreement in either case which could reasonably be expected to result in liability in excess of $2,500,000.

Appears in 3 contracts

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

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Interest Rate Agreements. Nonpayment by the Borrower of any obligation under the any Interest Rate Agreement Agreements entered into with any Lender or the breach by the Borrower of any term, provision or condition contained in any such Interest Rate Agreement in either case which could reasonably be expected to result in liability in excess of $2,500,000Agreements.

Appears in 2 contracts

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

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Interest Rate Agreements. Nonpayment by the Borrower or any Subsidiary of any obligation under any Interest Rate Agreement or the breach by the Borrower or any Subsidiary of any term, provision or condition contained in any such Interest Rate Agreement in either case which could reasonably be expected to result in liability in excess of $2,500,000Agreement.

Appears in 1 contract

Samples: Credit Agreement (Wabash National Corp /De)

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