Remedies Upon Default. If an Event of Default described in Section 11.1(j) occurs with respect to any Borrower, then to the extent permitted by Applicable Law, all Obligations (other than Secured Bank Product Obligations) shall become automatically due and payable and all Commitments shall terminate, without any action by Agent or notice of any kind. In addition, or if any other Event of Default exists, Agent may in its discretion (and shall upon written direction of Required Lenders) do any one or more of the following from time to time:
Appears in 29 contracts
Samples: First Lien Loan and Security Agreement (Duckhorn Portfolio, Inc.), Loan and Security Agreement (Summer Infant, Inc.), Loan and Security Agreement (Akorn Inc)
Remedies Upon Default. If an Event of Default described in Section 11.1(j) occurs with respect to any Borrower, then to the extent permitted by Applicable Law, all Obligations (other than Secured Bank Product Obligations) shall become automatically due and payable and all Commitments shall terminate, without any action by Agent or notice of any kind. In addition, or if any other Event of Default exists, Agent may in its discretion (and shall upon written direction of Required Lenders) do any one or more of the following from time to time:
Appears in 23 contracts
Samples: Loan and Security Agreement (Houston Wire & Cable CO), Loan, Security and Guaranty Agreement (Transport America, Inc.), Loan and Security Agreement (Headwaters Inc)
Remedies Upon Default. If an Event of Default described in Section 11.1(j) occurs with respect to any BorrowerObligor, then to the extent permitted by Applicable Law, all Obligations (other than Secured Bank Product Obligations) shall become automatically due and payable and all Commitments shall terminate, without any action by Agent or notice of any kind. In addition, or if any other Event of Default exists, Agent may in its discretion (and shall upon written direction of Required Lenders) do any one or more of the following from time to time:
Appears in 18 contracts
Samples: Loan and Security Agreement (Hydrofarm Holdings Group, Inc.), Loan and Security Agreement (Callaway Golf Co), Loan, Security and Guaranty Agreement (Quintana Energy Services Inc.)
Remedies Upon Default. If an Event of Default described in Section 11.1(j) occurs with respect to any BorrowerObligor, then to the extent permitted by Applicable Law, all Obligations (other than Secured Bank Product Obligations) shall become automatically due and payable and all Commitments shall terminate, without any action by Agent or notice of any kind. In addition, or if any other Event of Default exists, Agent may in its discretion (and shall upon written direction of Required Lenders) do any one or more of the following from time to time:
Appears in 8 contracts
Samples: Loan and Security Agreement (Rocky Brands, Inc.), Loan, Guaranty and Security Agreement (Trident Microsystems Inc), Loan and Security Agreement (Kellwood Co)
Remedies Upon Default. If an Event of Default described in Section 11.1(j12.1(j) occurs with respect to any BorrowerObligor, then to the extent permitted by Applicable Law, all Obligations (other than Secured Bank Product Obligations) shall become automatically due and payable and all Revolver Commitments shall terminate, without any action by Agent or notice of any kind. In addition, or if any other Event of Default exists, Agent may in its discretion (and shall upon written direction of Required Lenders) do any one or more of the following from time to time:
Appears in 8 contracts
Samples: Guaranty and Security Agreement (Turtle Beach Corp), Guaranty and Security Agreement (Guess Inc), Loan, Guaranty and Security Agreement (Parametric Sound Corp)
Remedies Upon Default. If an Event of Default described in Section 11.1(j) occurs with respect to any Borrower, then to the extent permitted by Applicable Law, all Obligations (other than Secured Bank Product Obligations) shall become automatically due and payable and all Revolver Commitments shall terminate, without any action by Agent or notice of any kind. In addition, or if any other Event of Default exists, Agent may in its discretion (and shall upon written direction of Required Lenders) do any one or more of the following from time to time:
Appears in 7 contracts
Samples: Loan and Security Agreement (Americas Carmart Inc), Loan and Security Agreement (Super Micro Computer, Inc.), Loan and Security Agreement (Super Micro Computer, Inc.)
Remedies Upon Default. If an Event of Default described in Section 11.1(j) occurs with respect to any Borrower, then to the extent permitted by Applicable Law, all Obligations (other than Secured Bank Product Obligations) shall become automatically due and payable and all Revolver Commitments shall terminate, without any action by Agent or notice of any kind. In addition, or if any other Event of Default exists, Agent may in its discretion (and shall upon written direction of Required Lenders) do any one or more of the following from time to time:
Appears in 6 contracts
Samples: Loan and Security Agreement (Arctic Cat Inc), Loan and Security Agreement, Loan and Security Agreement (Kemet Corp)
Remedies Upon Default. If an Event of Default described in Section 11.1(j10.1(j) occurs with respect to any Borroweroccurs, then to the extent permitted by Applicable Law, all Obligations (other than Secured Bank Product Obligations) shall become automatically due and payable and all Commitments shall terminate, without any action by Agent or notice of any kind. In addition, or if any other Event of Default exists, Agent may in its discretion (and shall upon written direction of Required Lenders) do any one or more of the following from time to time:
Appears in 5 contracts
Samples: Loan and Security Agreement and Waiver (SWK Holdings Corp), Loan and Security Agreement (Flat Rock Capital Corp.), Loan and Security Agreement (SWK Holdings Corp)
Remedies Upon Default. If an Event of Default described in Section 11.1(j) occurs with respect to any BorrowerLoan Party, then to the extent permitted by Applicable Law, all Obligations (other than Secured Bank Product Obligations) shall become automatically due and payable and all Commitments shall terminate, without any action by Agent the Agents or notice of any kind. In addition, or if any other Event of Default exists, Agent the Agents may in its their discretion (and shall upon written direction of the Required Lenders) do any one or more of the following from time to time:
Appears in 4 contracts
Samples: Term Loan and Security Agreement (Birks & Mayors Inc.), Term Loan and Security Agreement (Birks & Mayors Inc.), Term Loan and Security Agreement (Birks Group Inc.)
Remedies Upon Default. If an Event of Default described in Section 11.1(j12.1(h) occurs with respect to any Borrower, then to the extent permitted by Applicable Law, all Obligations (other than Secured Bank Product Obligations) shall become automatically due and payable and all Commitments shall terminate, without any action by Administrative Agent or notice of any kind. In addition, or if any other Event of Default exists, Administrative Agent may in its discretion (and shall upon written direction of Required Lenders) do any one or more of the following from time to time:
Appears in 4 contracts
Samples: Loan Agreement (Key Energy Services Inc), Loan and Security Agreement (Key Energy Services Inc), Loan and Security Agreement (Key Energy Services Inc)
Remedies Upon Default. If an Event of Default described in Section 11.1(j11.1(h) occurs with respect to any Borroweroccurs, then to the extent permitted by Applicable Law, all Obligations (other than Secured Bank Product Obligations) shall become automatically due and payable and all Commitments shall terminate, without any action by Agent or notice of any kind. In addition, or if any other Event of Default exists, Agent may in its discretion (and shall upon written direction of Required Lenders) do any one or more of the following from time to time:
Appears in 4 contracts
Samples: Loan, Security and Guaranty Agreement (Hyster-Yale Materials Handling, Inc.), Loan, Security and Guaranty Agreement (Hyster-Yale Materials Handling, Inc.), Loan, Security and Guaranty Agreement (Hyster-Yale Materials Handling, Inc.)
Remedies Upon Default. If an Event of Default described in Section 11.1(j) occurs with respect to any BorrowerObligor, then to the extent permitted by Applicable Law, all Obligations (other than Secured Bank Product Obligations) shall become automatically due and payable and all Revolver Commitments shall terminate, without any action by Agent or notice of any kind. In addition, or if any other Event of Default exists, Agent may in its discretion (and shall upon written direction of Required Lenders) do any one or more of the following from time to time:
Appears in 4 contracts
Samples: Loan and Security Agreement (Hydrofarm Holdings Group, Inc.), Loan and Security Agreement (Amkor Technology, Inc.), Loan and Security Agreement (Americas Carmart Inc)
Remedies Upon Default. If an Event of Default described in Section 11.1(j) occurs with respect to any Borrower, then to the extent permitted by Applicable Law, all Obligations (other than Secured Bank Product Obligations) shall become automatically due and payable and all Revolving Commitments shall terminate, without any action by the Agent or notice of any kind. In addition, or if any other Event of Default exists, the Agent may in its discretion (and shall upon written direction of Required the Requisite Lenders) do any one or more of the following from time to time:
Appears in 4 contracts
Samples: Loan and Security Agreement (Amkor Technology Inc), Loan and Security Agreement (Amkor Technology Inc), Loan and Security Agreement (Amkor Technology Inc)
Remedies Upon Default. If an Event of Default described in Section 11.1(j) occurs and is continuing with respect to any Borrower, then to the extent permitted by Applicable Law, all Obligations (other than Secured Bank Product Obligations) shall become automatically due and payable and all Revolver Commitments shall terminate, without any action by Agent or notice of any kind. In addition, or if any other Event of Default exists, Agent may in its sole discretion (and shall upon written direction of Required Lenders) do any one or more of the following from time to time:
Appears in 3 contracts
Samples: Loan and Security Agreement (Conns Inc), Loan Agreement (Conns Inc), Loan Agreement (Conns Inc)
Remedies Upon Default. If an Event of Default described in Section 11.1(j) occurs with respect to Borrower or any BorrowerBorrowing Base Guarantor, then to the extent permitted by Applicable Law, all Obligations (other than Secured Bank Product Obligations) shall become automatically due and payable and all Commitments shall terminate, without any action by Agent or notice of any kind. In addition, or if any other Event of Default existshas occurred and is continuing, Agent may in its discretion (and shall upon written direction of Required Lenders) do any one or more of the following from time to time:
Appears in 3 contracts
Samples: Loan and Security Agreement (Ak Steel Holding Corp), Loan and Security Agreement (Ak Steel Holding Corp), Loan and Security Agreement (Ak Steel Holding Corp)
Remedies Upon Default. If an Event of Default described in Section 11.1(j11.1(h) or (i) occurs with respect to any BorrowerObligor, then to the extent permitted by Applicable Law, all Obligations (other than Secured Bank Product Obligations) shall become automatically due and payable and all Commitments shall terminate, without any action by Agent or notice of any kind. In addition, or if any other Event of Default exists, Agent may in its discretion (and shall upon written direction of Required Lenders) do any one or more of the following from time to time:
Appears in 3 contracts
Samples: Loan Agreement (Horizon Global Corp), Loan Agreement (Horizon Global Corp), Loan Agreement (Horizon Global Corp)
Remedies Upon Default. If an Event of Default described in Section 11.1(j) occurs with respect to any Borrower, then to the extent permitted by Applicable Law, all Obligations (other than Secured Bank Product Obligations) shall become automatically due and payable and all Commitments shall terminate, without any action by Agent or notice of any kind. In addition, or if any other Event of Default exists, Agent may in the exercise of its discretion Permitted Discretion (and shall upon written direction of Required Lenders) do any one or more of the following from time to time:
Appears in 3 contracts
Samples: Loan and Security Agreement (Bespoke Capital Acquisition Corp), Loan and Security Agreement (Vintage Wine Estates, Inc.), Loan and Security Agreement (Bespoke Capital Acquisition Corp)
Remedies Upon Default. If an Event of Default described in Section 11.1(j) occurs with respect to any BorrowerLoan Party, then to the extent permitted by Applicable Law, all Obligations (other than Secured Bank Product Obligations) shall become automatically due and payable and all Commitments shall terminate, without any action by any Agent or notice of any kind. In addition, or if any other Event of Default exists, each Agent may in its discretion (and shall upon written direction of the Required Lenders) do any one or more of the following from time to time:
Appears in 3 contracts
Samples: Revolving Credit and Security Agreement (Birks Group Inc.), Revolving Credit and Security Agreement (Birks & Mayors Inc.), Revolving Credit and Security Agreement (Birks Group Inc.)
Remedies Upon Default. If an Event of Default described in Section 11.1(j) occurs with respect to any Borrower, then to the extent permitted by Applicable Law, all Obligations (other than including Secured Bank Product ObligationsObligations only to the extent provided in applicable agreements) shall become automatically due and payable and all Commitments shall terminate, without any action by Agent or notice of any kind. In addition, or if any other Event of Default exists, Agent may in its discretion (and shall upon written direction of Required Lenders) do any one or more of the following from time to time:
Appears in 3 contracts
Samples: Loan, Guaranty and Security Agreement (SMART Global Holdings, Inc.), Guaranty and Security Agreement (BIG 5 SPORTING GOODS Corp), Guaranty and Security Agreement (Inari Medical, Inc.)
Remedies Upon Default. If an Event of Default described in Section 11.1(j) occurs with respect to any Borrower, then to the extent permitted by Applicable Law, all Obligations (other than Secured Bank Product Obligations) shall become automatically due and payable and all Revolver Commitments shall terminate, without any action by Agent or notice of any kind. In addition, or if any other Event of Default exists, Agent may in its sole discretion (and shall upon written direction of Required Lenders) do any one or more of the following from time to time:
Appears in 3 contracts
Samples: Loan and Security Agreement (Conns Inc), Loan and Security Agreement (Conns Inc), Loan and Security Agreement (Conns Inc)
Remedies Upon Default. If an Event of Default described in Section 11.1(j) occurs with respect to any BorrowerLoan Party, then to the extent permitted by Applicable Law, all Obligations (other than Secured Bank Product ObligationsDebt and obligations of Loan Parties under Hedging Agreements) shall become automatically due and payable and all Commitments shall terminate, without any action by Agent or notice of any kind. In addition, or if any other Event of Default exists, Agent may in its discretion (and shall upon written direction of Required Lenders) do any one or more of the following from time to time:
Appears in 2 contracts
Samples: Loan and Security Agreement (YRC Worldwide Inc.), Loan and Security Agreement (YRC Worldwide Inc.)
Remedies Upon Default. If an Event of Default described in Section 11.1(j) occurs with respect to any Borrower, then to the extent permitted by Applicable Law, all Obligations (other than Secured Bank Product Obligations) shall become automatically due and payable and all Commitments shall terminate, without any action by Agent or notice of any kind. In addition, or if any other Event of Default existshas occurred and is continuing, Agent may in its discretion (and shall upon written direction of Required Lenders) do any one or more of the following from time to time:
Appears in 2 contracts
Samples: Loan and Security Agreement (Ak Steel Holding Corp), Loan and Security Agreement (Ak Steel Holding Corp)
Remedies Upon Default. If an Event of Default described in Section 11.1(j) occurs with respect to any Borrower, then to the extent permitted by Applicable Law, all Obligations (other than Secured Bank Product Obligations) shall become automatically due and payable and all Commitments shall terminate, without any action by Agent or notice of any kind. In addition, or if any other Event of Default exists, Agent may in its discretion (and shall upon written direction of Required Lenders) do any one or more of the following from time to time:
Appears in 2 contracts
Samples: Loan Agreement (School Specialty Inc), Loan Agreement (School Specialty Inc)
Remedies Upon Default. If an Event of Default described in Section 11.1(j) occurs with respect to any BorrowerLoan Party, then to the extent permitted by Applicable Law, all Obligations (other than Secured Bank Product Obligations) shall become automatically due and payable and all Commitments shall terminate, without any action by Agent or notice of any kind. In addition, or if any other Event of Default exists, Agent may in its discretion (and shall upon written direction of Required Lenders) do any one or more of the following from time to time:
Appears in 2 contracts
Samples: Loan and Security Agreement (Hudson Highland Group Inc), Loan Agreement (M/a-Com Technology Solutions Holdings, Inc.)
Remedies Upon Default. If an Event of Default described in Section 11.1(j12.1(j) occurs with respect to any BorrowerObligor, then to the extent permitted by Applicable Law, all Obligations (other than Secured Bank Product Obligations) shall become automatically due and payable and all Commitments shall terminate, without any action by Agent or notice of any kind. In addition, or if any other Event of Default exists, Agent may in its discretion (and shall upon written direction of Required Lenders) do any one or more of the following from time to time:
Appears in 2 contracts
Samples: Loan and Security Agreement (Seneca Foods Corp), Loan and Security Agreement (Seneca Foods Corp)
Remedies Upon Default. If an Event of Default described in Section 11.1(j) occurs with respect to any Borrower, then to the extent permitted by Applicable Law, all Obligations (other than Secured Bank Product Obligations) shall become automatically due and payable and all Commitments shall terminate, without any action by Agent Lender or notice of any kind. In addition, or if any other Event of Default exists, Agent Lender may in its discretion (and shall upon written direction of Required Lenders) do any one or more of the following from time to time:
Appears in 2 contracts
Samples: Loan and Security Agreement (LIVE VENTURES Inc), Loan and Security Agreement (Ashworth Inc)
Remedies Upon Default. If an Event of Default described in Section 11.1(j) occurs with respect to any BorrowerObligor, then then, to the extent permitted by Applicable Law, all Obligations (other than Secured Bank Product Obligations) shall become automatically due and payable and all Commitments shall terminate, without any action by Agent or notice of any kind. In addition, or if any other Event of Default exists, Agent may in its discretion (and shall upon written direction of Required Lenders) do any one or more of the following from time to time:
Appears in 2 contracts
Samples: Loan and Security Agreement (Imperial Sugar Co /New/), Loan and Security Agreement (Frozen Food Express Industries Inc)
Remedies Upon Default. If an Event of Default described in Section 11.1(j) occurs with respect to any BorrowerObligor, then to the extent permitted by Applicable Law, all Obligations (other than including Secured Bank Product ObligationsObligations only to the extent provided in applicable agreements) shall become automatically due and payable and all Commitments shall terminate, without any action by Agent or notice of any kind. In addition, or if any other Event of Default exists, Agent may in its discretion (and shall upon written direction of Required Lenders) do any one or more of the following from time to time:
Appears in 2 contracts
Samples: Abl Loan and Security Agreement (Rocky Brands, Inc.), Loan and Security Agreement (Rocky Brands, Inc.)
Remedies Upon Default. If an Event of Default described in Section 11.1(j) occurs with respect to any BorrowerObligated Party, then to the extent permitted by Applicable Law, all Obligations (other than Secured Bank Product Obligations) shall become automatically due and payable and all Commitments shall terminate, without any action by Agent or notice of any kind. In addition, or if any other Event of Default existshas occurred and is continuing, Agent may in its discretion (and shall upon written direction of Required Lenders) do any one or more of the following from time to time:
Appears in 2 contracts
Samples: Loan and Security Agreement (Sport Chalet Inc), Loan and Security Agreement (Sport Chalet Inc)
Remedies Upon Default. If an Event of Default described in Section 11.1(j) occurs with respect to any Borrower, then to the extent permitted by Applicable Law, all Obligations (other than Secured Bank Product Obligations) shall become automatically due and payable and all Revolver Commitments shall terminate, without any action by Agent or notice of any kind. In addition, or if any other Event of Default exists, Agent and Collateral Agent, as applicable, may in its discretion (and shall upon written direction of Required Lenders) do any one or more of the following from time to time:
Appears in 2 contracts
Samples: Loan and Security Agreement (Americas Carmart Inc), Loan and Security Agreement (Americas Carmart Inc)
Remedies Upon Default. If an Event of Default described in Section 11.1(j11.1(h) occurs with respect to any BorrowerObligor, then to the extent permitted by Applicable Law, all Obligations (other than Secured Bank Product Obligations) shall become automatically due and payable and all Commitments shall terminate, without any action by Agent or notice of any kind. In addition, or if any other Event of Default exists, Agent may in its discretion (and shall upon written direction of Required Lenders) do any one or more of the following from time to time:
Appears in 2 contracts
Samples: Loan and Security Agreement (DXP Enterprises Inc), Loan and Security Agreement (DXP Enterprises Inc)
Remedies Upon Default. If an Event of Default described in Section 11.1(j11.1(i) or (j) occurs with respect to any Borrower, then to the extent permitted by Applicable Law, all Obligations (other than Secured Bank Product Obligations) shall become automatically due and payable and all Revolver Commitments shall terminate, without any action by Agent or notice of any kind. In addition, or if any other Event of Default exists, Agent may in its discretion (and shall upon written direction of Required Lenders) do any one or more of the following from time to time:
Appears in 2 contracts
Samples: Loan and Security Agreement (Commercial Vehicle Group, Inc.), Loan and Security Agreement (Commercial Vehicle Group, Inc.)
Remedies Upon Default. If an Event of Default described in Section 11.1(j) occurs with respect to any Borrower, then to the extent permitted by Applicable Law, all Obligations (other than Secured Bank Product Obligations) shall become automatically due and payable and all Commitments shall terminatepayable, without any action by Agent or notice of any kind. In addition, or if any other Event of Default exists, Agent may in its sole discretion (and shall upon written direction of Required Lenders) do any one or more of the following from time to time:
Appears in 1 contract
Remedies Upon Default. If an Event of Default described in Section 11.1(j) occurs with respect to any Borrower, then to the extent permitted by Applicable Law, all Obligations (other than Secured Bank Product Obligations) shall become automatically due and payable and all Commitments shall terminate, without any action by Agent or notice of any kind. In addition, or if any other Event of Default exists, Agent may in its discretion (and shall upon written direction of Required Lenders) do any one or more of the following from time to time:: 72
Appears in 1 contract
Samples: Loan and Security Agreement (Houston Wire & Cable CO)
Remedies Upon Default. If an Event of Default described in Section 11.1(j) occurs with respect to any Borrower, then to the extent permitted by Applicable Law, all Obligations (other than Secured Bank Product Obligations) shall become automatically due and payable and all Commitments shall terminate, without any action by Agent or notice of any kind. In addition, or if any other Event of Default exists, Agent may in its discretion (and shall upon written direction of Required Lenders) do any one or more of the following from time to time:: β
Appears in 1 contract
Samples: Loan and Security Agreement (Adara Acquisition Corp.)
Remedies Upon Default. If an Event of Default described in Section 11.1(j12.1(j) occurs with respect to any Borrower, then to the extent permitted by Applicable Law, all Obligations (other than Secured Bank Product Obligations) shall become automatically due and payable and all Commitments shall terminate, without any action by Agent or notice of any kind. In addition, or if any other Event of Default exists, Agent may in its discretion (and shall upon written direction of Required Lenders) do any one or more of the following from time to time:
Appears in 1 contract
Remedies Upon Default. If an Event of Default described in Section 11.1(j) occurs with respect to any Borrower, then to the extent permitted by Applicable Law, all Obligations (other than Secured Bank Product Obligations) shall become automatically due and payable and all Revolver Commitments shall terminate, without any action by Agent or notice of any kind. In addition, or if any other Event of Default exists, Agent may in its sole discretion (and shall upon written direction of Required Lenders) do any one or more of the following from time to time:
Appears in 1 contract
Remedies Upon Default. If an Event of Default described in Section 11.1(j11.1(k) occurs with respect to any BorrowerBorrower or Holdings, then to the extent permitted by Applicable Law, all Obligations (other than Secured Bank Product Obligations) shall become automatically due and payable and all Revolver Commitments shall terminate, without any action by Agent or notice of any kind. In addition, or if any other Event of Default exists, Agent may in its discretion (and shall upon written direction of Required Lenders) do any one or more of the following from time to time:
Appears in 1 contract
Samples: Loan and Security Agreement (Multi Fineline Electronix Inc)
Remedies Upon Default. If an Event of Default described in Section 11.1(j) occurs exists with respect to any Borrower, then to the extent permitted by Applicable Law, all Obligations (other than Secured Bank Product Obligations) shall become automatically due and payable and all Commitments shall terminate, without any action by Agent or notice of any kind. In addition, or if any other Event of Default exists, Agent may in its discretion (and shall upon written direction of Required Lenders) do any one or more of the following from time to time:
Appears in 1 contract
Samples: Loan and Security Agreement (Leapfrog Enterprises Inc)
Remedies Upon Default. If an Event of Default described in Section 11.1(j) occurs with respect to any Borrower, then to the extent permitted by Applicable Law, all Obligations (other than Secured Bank Product Obligations) shall become automatically due and payable and all Commitments shall terminate, without any action by Agent Lender or notice of any kind. In addition, or if any other Event of Default exists, Agent may Lender may, subject to the provisions of Section 7.8 hereof, in its discretion (and shall upon written direction of Required Lenders) do any one or more of the following from time to time:
Appears in 1 contract
Samples: Term Loan and Security (Blyth Inc)
Remedies Upon Default. If an Event of Default described in Section 11.1(j) occurs with respect to any Borrower, then to the extent permitted by Applicable Law, all Obligations (other than including Secured Bank Product ObligationsObligations only to the extent provided in applicable agreements) shall become automatically due and payable and all Commitments shall terminate, without any action by Agent or notice of any kind. In addition, or if any other Event of Default existsexists and is continuing, Agent may in its discretion (and shall upon written direction of Required Lenders) do any one or more of the following from time to time:
Appears in 1 contract
Remedies Upon Default. If an Event of Default described in Section 11.1(j) occurs with respect to any Borrower, then to the extent permitted by Applicable Law, all Obligations (other than Secured Bank Product Obligations) shall become automatically due and payable and all Revolver Commitments shall terminate, without any action by Agent or notice of any kind. In addition, or if any other Event of Default exists, Agent may in its discretion (and shall upon written direction of Required Lenders) do any one or more of the following from time to time:: 95 102904560_9
Appears in 1 contract
Remedies Upon Default. If an Event of Default described in Section 11.1(j11.1 (j) occurs with respect to any Borrower, then to the extent permitted by Applicable Law, all Obligations (other than Secured Bank Product Obligations) shall become automatically due and payable and all Commitments shall terminate, without any action by Agent or notice of any kind. In addition, or if any other Event of Default exists, Agent may in its discretion (and shall upon written direction of Required Lenders) do any one or more of the following from time to time:
Appears in 1 contract
Samples: First Lien Loan and Security Agreement (Duckhorn Portfolio, Inc.)
Remedies Upon Default. If an Event of Default described in Section 11.1(j) occurs with respect to any BorrowerObligor, then to the extent permitted by Applicable Law, all Obligations (other than including Secured Bank Product ObligationsObligations only to the extent provided in applicable agreements) shall become automatically due and payable and all Commitments shall terminate, without any action by Agent or notice of any kind. In addition, or if any other Event of Default existsoccurs and is continuing, Agent may in its discretion (and shall upon written direction of Required Lenders) do any one or more of the following from time to time:
Appears in 1 contract
Samples: Loan, Guaranty and Security Agreement (Quotient Technology Inc.)
Remedies Upon Default. If an Event of Default described in Section 11.1(j) occurs with respect to any Borrower, then to the extent permitted by Applicable Law, all Obligations (other than Secured Bank Product Obligations) shall become automatically due and payable and all Commitments shall terminate, without any action by Agent Lender or notice of any kind. In addition, or if any other Event of Default exists, Agent may Lender may, subject to the provisions of Section 7.8 hereof, in its discretion (and shall upon written direction of Required Lenders) do any one or more of the following from time to time:
Appears in 1 contract
Remedies Upon Default. If an Event of Default described in Section 11.1(j) occurs with respect to any Borrower, then to the extent permitted by Applicable LawLaw and subject to the Debt and Lien Subordination Agreement, all Obligations (other than Secured Bank Product Obligations) shall become automatically due and payable and all Commitments shall terminatepayable, without any action by Agent Lender or notice of any kind. In addition, or if any other Event of Default exists, Agent Lender may in its discretion (and shall upon written direction of Required Lenders) do any one or more of the following from time to time, subject to the Debt and Lien Subordination Agreement:
Appears in 1 contract
Remedies Upon Default. If an Event of Default described in Section 11.1(j) occurs with respect to any Borrower, then to the extent permitted by Applicable Law, all Obligations (other than Secured Bank Product Obligations) shall become automatically due and payable and all Commitments shall terminate, without any action by Agent or notice of any kind. In addition, or if any other Event of Default exists, Agent may in its discretion (and shall upon written direction of Required Lenders) do any one or more of the following from time to time:
Appears in 1 contract
Samples: Term Loan and Security Agreement (Summer Infant, Inc.)
Remedies Upon Default. If an Event of Default described in Section 11.1(j) occurs with respect to any Borrower, then to the extent permitted by Applicable Law, all Obligations (other than Secured Bank Product Obligations) shall become automatically due and payable and all Commitments the Commitment shall terminate, without any action by Agent Lender or notice of any kind. In addition, or if any other Event of Default existsoccurs and has not been waived by Xxxxxx, Agent Lender may in its discretion (and shall upon written direction of Required Lenders) do any one or more of the following from time to time:
Appears in 1 contract
Samples: Loan and Security Agreement (Orion Energy Systems, Inc.)
Remedies Upon Default. If an Event of Default described in Section 11.1(j) occurs with respect to any Borrower, then to the extent permitted by Applicable Law, all Obligations (other than Secured Bank Product Obligations) shall become automatically due and payable and all Commitments shall terminate, without any action by Agent or notice of any kind. In addition, or if any other Event of Default exists, Agent may in its discretion (may, with the consent of Required Lenders and shall shall, upon written direction of Required Lenders) , do any one or more of the following from time to time:
Appears in 1 contract
Remedies Upon Default. If an Event of Default described in Section 11.1(j) occurs with respect to the Borrower or any BorrowerGuarantor, then to the extent permitted by Applicable Law, all Obligations (other than Secured Bank Product Obligations) shall become automatically due and payable and all Term Loan Commitments shall terminate, without any action by Administrative Agent or notice of any kind. In addition, or if any other Event of Default exists, Administrative Agent may in its discretion (and shall upon written direction of Required Lenders) do any one or more of the following from time to time:
Appears in 1 contract
Samples: Term Loan and Security Agreement (Commercial Vehicle Group, Inc.)
Remedies Upon Default. If an Event of Default described in Section 11.1(j11.1(h) or (i) occurs with respect to any Borrower, then to the extent permitted by Applicable Law, all Obligations (other than Secured Bank Product Obligations) shall become automatically due and payable and all Commitments shall terminate, without any action by Agent or notice of any kind. In addition, or if any other Event of Default exists, Agent may in its discretion (and shall upon written direction of Required Lenders) do any one or more of the following from time to time:
Appears in 1 contract
Samples: Loan Agreement (Horizon Global Corp)
Remedies Upon Default. If an Event of Default described in Section 11.1(j) occurs with respect to any Borrower, then to the extent permitted by Applicable Law, all Obligations (other than Secured Bank Product Obligations) shall become automatically due and payable and all Commitments shall terminate, without any action by Agent or notice of any kind. In addition, or if any other Event of Default existshas occurred and is continuing, Agent may in its discretion (and shall upon written direction of Required Lenders) do any one or more of the following from time to time:
Appears in 1 contract
Samples: Loan and Security Agreement (Ak Steel Holding Corp)
Remedies Upon Default. If an Event of Default described in Section 11.1(j) occurs with respect to any Borrower, then to the extent permitted by Applicable Law, all Obligations (other than Secured Bank Product Obligations) shall become automatically due and payable and all Standby Term Loan Commitments shall terminate, without any action by Agent or notice of any kind. In addition, or if any other Event of Default exists, Agent may in its discretion (and shall upon written direction of Required Lenders) do any one or more of the following from time to time, in each case, subject to the terms of the Intercreditor Agreement:
Appears in 1 contract
Remedies Upon Default. If an Event of Default described in Section 11.1(j) occurs with respect to any Borrower, then to the extent permitted by Applicable Law, all Obligations (other than Secured Bank Product Obligations) shall become automatically due and payable and all Commitments the Commitment shall terminate, without any action by Agent Lender or notice of any kind. In addition, or if any other Event of Default existsoccurs and has not been waived by Lender, Agent Lender may in its discretion (and shall upon written direction of Required Lenders) do any one or more of the following from time to time:
Appears in 1 contract
Samples: Loan and Security Agreement (Orion Energy Systems, Inc.)
Remedies Upon Default. If an Event of Default described in Section 11.1(j) occurs with respect to any Borrower, then to the extent permitted by Applicable Law, all Obligations (other than Secured Bank Product Obligations) shall become automatically due and payable and all Revolver Commitments shall terminate, without any action by Agent or notice of any kind. In addition, or if any other Event of Default exists, Agent may in its discretion (and shall upon written direction of Required Lenders) do any one or more of the following from time to time:
Appears in 1 contract
Remedies Upon Default. If an Event of Default described in Section 11.1(j) occurs with respect to any Borrower, then to the βextent permitted by Applicable Law, all Obligations (other than Secured Bank Product Obligations) shall become automatically due and payable and all Commitments shall terminate, without any action by Agent or notice of any kind. In addition, or if any other Event of Default exists, Agent may in its discretion (and shall upon written direction of Required Lenders) do any one or more of the following from time to time:
Appears in 1 contract
Remedies Upon Default. If an Event of Default described in Section 11.1(j11.1(g) or Section 11.1(h) occurs with respect to any BorrowerObligor, then to the extent permitted by Applicable Law, all Obligations (other than Secured Bank Product Obligations) shall become automatically due and payable payable, and all Commitments shall terminate, without any action by Agent or notice of any kind. In addition, or if any other Event of Default exists, Agent may in its discretion (and shall upon written direction of Required the Lenders) do any one or more of the following from time to time:
Appears in 1 contract
Samples: Senior Credit Agreement (Hornbeck Offshore Services Inc /La)
