Common use of Optional Defaults Clause in Contracts

Optional Defaults. If any Event of Default referred to in Section 7.01, 7.02, 7.03, 7.04, 7.05, 7.06, 7.07, 7.08 or 7.09 hereof shall occur, Agent may, with the consent of the Required Banks, and shall, at the request of the Required Banks, give written notice to Borrower, to:

Appears in 2 contracts

Samples: Assignment and Assumption Agreement (Nordson Corp), Credit Agreement (Nordson Corp)

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Optional Defaults. If any Event of Default referred to in Section 7.018.1, 7.028.2, 7.038.3, 7.048.4, 7.058.5, 7.068.6, 7.078.7, 7.08 8.8, 8.9 or 7.09 8.10 hereof shall occur, Agent may, with the consent of the Required Banks, and shall, at the request of the Required Banks, give written notice to BorrowerBorrowers, to:

Appears in 2 contracts

Samples: Credit and Security Agreement (MTC Technologies Inc), Credit and Security Agreement (MTC Technologies Inc)

Optional Defaults. If any Event of Default referred to in Section 7.016.1, 7.026.2., 7.036.3, 7.046.4, 7.056.5, 7.066.6, 7.076.7, 7.08 6.8, 6.9, 6.10 or 7.09 6.11 hereof shall occur, Agent may, with the consent of the Required Banks, and shall, at the request of the Required Banks, give written notice to Borrower, to:

Appears in 1 contract

Samples: Credit Agreement (Amcast Industrial Corp)

Optional Defaults. If any Event of Default referred to in Section 7.017.1, 7.027.2., 7.037.3, 7.047.4, 7.057.5, 7.067.6, 7.077.7, 7.08 7.8, 7.9, 7.10 or 7.09 7.11 hereof shall occur, Agent may, with the consent of the Required Banks, and shall, at the request of the Required Banks, give written notice to BorrowerBorrowers, to:

Appears in 1 contract

Samples: Credit Agreement (Schulman a Inc)

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Optional Defaults. If any Event of Default referred to in Section 7.01, 7.02, 7.03, 7.04, 7.05, 7.06, 7.07, 7.08 Sections 9.1-9.4 or 7.09 hereof 9.8-9.15 shall occur, Agent maythe Agent, with the consent of the Required Majority Banks, and shall, at the request of the Required Banks, give upon written notice to the Borrower, to:may

Appears in 1 contract

Samples: Loan Agreement (Crown Castle International Corp)

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