Receivables Facility. Any early amortization event or any event permitting any Receivables Purchaser or Receivables Purchasers to effect an early termination of the Receivables Facility (or a portion thereof) shall have occurred and be continuing (after giving effect to any legally valid written waivers of such events adopted by the relevant Receivables Purchasers); then, and in any such event, and at any time thereafter, if any Event of Default shall then be continuing, the Administrative Agent, upon the written request of the Required Banks, shall by written notice to the Borrower, take any or all of the following actions, without prejudice to the rights of the Administrative Agent, any Bank or the holder of any Note to enforce its claims against any Credit Party (provided that, if an Event of Default specified in Section 10.05 shall occur with respect to the Borrower, the result of which would occur upon the giving of written notice by the Administrative Agent to the Borrower as specified in clauses (i) and (ii) below shall occur automatically without the giving of any such notice): (i) declare the Total Commitment terminated, whereupon the Commitment of each Bank shall forthwith terminate immediately and any Commitment Commission and other Fees shall forthwith become due and payable without any other notice of any kind; (ii) declare the principal of and any accrued interest in respect of all Loans and the Notes and all Obligations owing hereunder and thereunder to be, whereupon the same shall become, forthwith due and payable without presentment, demand, protest or other notice of any kind, all of which are hereby waived by each Credit Party; (iii) terminate any Letter of Credit, which may be terminated, in accordance with its terms; (iv) direct the Borrower to pay (and the Borrower agrees that upon receipt of such notice, or upon the occurrence of an Event of Default specified in Section 10.05 with respect to the Borrower, it will pay) to the Administrative Agent at the Payment Office such additional amount of cash, to be held as security by the Administrative Agent, as is equal to the aggregate Stated Amount of all Letters of Credit issued for the account of the Borrower and then outstanding; (v) enforce, as Collateral Agent, all of the Liens and security interests created pursuant to the Security Documents; and (vi) apply any cash collateral held for the benefit of the Banks pursuant to Section 4.02 to repay outstanding Obligations.
Receivables Facility. Each of the Bridge Facility and the Receivables Facility (or the Receivables Bridge Facility) shall be in full force and effect.
Receivables Facility. The Company and its Subsidiaries shall not amend or modify, or permit the amendment or modification of, any provision of a Receivables Document if, as a result of such amendment or modification:
Receivables Facility. The Receivables Facility shall be in full force and effect.
Receivables Facility. The Administrative Agent and the Lenders shall have received evidence reasonably satisfactory to them that substantially simultaneously with the deemed making of the Loans hereunder on the Closing Date, Receivables Facility shall have been entered into, and the financing transactions thereunder shall have been consummated, all in accordance with the Approved Plan.
Receivables Facility. Any default resulting in an early amortisation event or event permitting any receivables purchaser or receivables purchasers to effect an early termination of any Permitted Receivables Facility (or a portion thereof) shall have occurred and be continuing (after giving effect to any legally valid written waivers of such events adopted by the relevant receivables purchasers).
Receivables Facility. Administrative Agent shall have received evidence that the Receivables Facility has closed (or will be closing substantially concurrently with the closing hereunder) on terms and conditions reasonably satisfactory to Administrative Agent.
Receivables Facility. Amend or modify, or permit the amendment or modification of, any provision of a Receivables Document if, as a result of such amendment or modification:
Receivables Facility. Fail to cause to be maintained in effect at all times, through arranging extensions and replacements as necessary, Receivables Facilities in an aggregate amount of not less than $50,000,000.".
Receivables Facility. The Receivables Facility shall have been replaced by a new facility having terms either (a) providing substantially similar liquidity to that of the Receivables Facility, (b) or otherwise on reasonable and customary terms for such type of transaction, or (c) otherwise on terms reasonably acceptable to DHC.
