Termination by Agent. Agent may (and upon the direction of the Requisite Lenders, shall) terminate the Commitments without notice at any time that an Event of Default exists; provided, however, that the Commitments shall automatically terminate as provided in Section 8.1.
Appears in 3 contracts
Samples: Credit and Guaranty Agreement (Euramax Holdings, Inc.), General Intercreditor Agreement (Euramax International, Inc.), Senior Secured Revolving Credit and Guaranty Agreement (Euramax International, Inc.)
Termination by Agent. Agent may (and upon the direction of the Requisite Required Lenders, shall) terminate the Commitments without notice at any time that an Event of Default exists; provided, however, that the Commitments shall automatically terminate as provided in Section 8.112.2.
Appears in 2 contracts
Samples: Loan and Security Agreement (Alpharma Inc), Loan and Security Agreement (Alpharma Inc)
Termination by Agent. Agent may (and upon the direction of the Requisite Required Lenders, shall) terminate the Commitments without notice at any time that upon or after the occurrence of an Event of Default existsDefault; provided, however, that the Commitments shall automatically terminate (i) as provided in Section 8.111.2 hereof and (ii) at the end of the Original Term.
Appears in 2 contracts
Samples: Loan and Security Agreement (Dixie Group Inc), Loan and Security Agreement (Dixie Group Inc)
Termination by Agent. The Commitments shall automatically terminate as of the Termination Date, unless extended in writing by Agent and all Lenders. In addition, Agent may (and upon the direction of the Requisite Required Lenders, shall) terminate the Commitments without notice at any time that upon or after the occurrence and during the continuation of an Event of Default existsDefault; provided, however, that the Commitments shall automatically terminate as provided in Section 8.111.2 hereof.β
Appears in 1 contract
Samples: Loan and Security Agreement (Integrated Electrical Services Inc)
Termination by Agent. Agent may (and upon the direction of the Requisite Required Lenders, shall) terminate the Commitments without notice at any time that upon or after the occurrence of an Event of Default exists; provided, however, that the Commitments shall automatically terminate as provided in Section 8.1Default.
Appears in 1 contract
Termination by Agent. Agent may (and upon the direction of the Requisite Required Lenders, shall) terminate the Commitments without notice at any time that an Event of Default exists; provided, however, that the Commitments shall automatically terminate as provided in Section 8.111.2 hereof.
Appears in 1 contract
Samples: Loan and Security Agreement (Tropical Sportswear International Corp)
Termination by Agent. Agent may (and upon the direction of the Requisite Required Lenders, shall) terminate the Commitments without notice at any time that an Event of Default exists; provided, however, that the Commitments shall automatically terminate as provided in Section 8.1SECTION 12.2 hereof.
Appears in 1 contract
Termination by Agent. Agent may (and upon the direction of the Requisite Required Lenders, shall) terminate the Commitments without notice at any time that an Event of Default exists; provided, however, that the Commitments shall automatically terminate as provided in Section 8.1SECTION 11.2 hereof.
Appears in 1 contract
Samples: Loan and Security Agreement (Tropical Sportswear International Corp)
Termination by Agent. Agent may (and upon the direction of the Requisite Required Lenders, shall) terminate the Commitments without notice at any time that an Event of Default exists; provided, however, that the Commitments shall automatically terminate as provided in Section 8.111.2 hereof.
Appears in 1 contract
Samples: Loan and Security Agreement (Danka Business Systems PLC)
Termination by Agent. Agent may (and upon the direction of the Requisite Required Lenders, shall) terminate the Commitments without notice at any time that upon or after the occurrence of an Event of Default existsDefault; provided, however, that the Commitments shall automatically terminate (i) as provided in Section 8.1SECTION 11.2 hereof and (ii) at the end of the Original Term.
Appears in 1 contract
Termination by Agent. Agent may (and upon the direction of the Requisite Required Lenders, shall) terminate the Commitments without notice at to any time that Borrower upon or after the occurrence of an Event of Default exists; provided, however, that the Default. The Commitments shall automatically terminate as provided in Section 8.1Sections 2.4 and 12.2 hereof.
Appears in 1 contract
Samples: Loan and Security Agreement (Tropical Sportswear Co Inc)
Termination by Agent. Agent may (and upon the direction of the Requisite Required Lenders, shall) terminate the Commitments without notice at any time that an Event of Default exists; provided, however, that the Commitments shall automatically terminate as provided in Section 8.112.2 hereof.
Appears in 1 contract
Termination by Agent. Agent may (and shall upon the direction of the Requisite LendersRequired Lenders (and may, shallin its discretion, at any time there are more than 2 Lenders party hereto) terminate the Commitments without notice at any time that upon or after the occurrence of an Event of Default existsDefault; provided, however, that the Commitments shall automatically terminate as provided in Section 8.111.2 hereof.
Appears in 1 contract
