Termination by Lenders. Agent may, and at the direction of Majority Lenders shall, terminate this Agreement without notice upon or after the occurrence and during the continuance of an Event of Default.
Appears in 21 contracts
Sources: Loan and Security Agreement (Cambium Learning Group, Inc.), Loan and Security Agreement (Mfri Inc), Financing and Security Agreement (Henry Co)
Termination by Lenders. Agent may, and at the direction of Majority Lenders shall, terminate this Agreement without upon notice upon or after the occurrence and during the continuance of an Event of Default.
Appears in 9 contracts
Sources: Loan and Security Agreement (Neenah Foundry Co), Loan and Security Agreement (Neenah Foundry Co), Loan and Security Agreement (Wabash National Corp /De)
Termination by Lenders. Administrative Agent may, and at the direction of Majority Lenders shall, terminate this Agreement without notice upon or after the occurrence and during the continuance of an Event of Default.
Appears in 4 contracts
Sources: Loan and Security Agreement (Anchor Lamina Inc), Loan and Security Agreement (Channell Commercial Corp), Loan and Security Agreement (Celadon Group Inc)
Termination by Lenders. Agent may, and at the direction of Majority Lenders shall, terminate this Agreement without notice upon or after the occurrence and during the continuance of an Event of DefaultDefault or a Change in Control.
Appears in 3 contracts
Sources: Loan Agreement (Katy Industries Inc), Loan Agreement (Katy Industries Inc), Loan Agreement (Katy Industries Inc)
Termination by Lenders. Administrative Agent may, and at the direction of Majority Lenders shall, terminate this Agreement without notice upon or after the occurrence and during the continuance of an Event of Default.
Appears in 2 contracts
Sources: Loan, Security and Guaranty Agreement (Quest Resource Holding Corp), Loan, Security and Guaranty Agreement (Quest Resource Holding Corp)
Termination by Lenders. Agent may, and at the direction of Majority Lenders or Majority Term Lenders (to the extent permitted under Section 10.2(c)) shall, terminate this Agreement without notice upon or after the occurrence and during the continuance of an Event of Default.
Appears in 1 contract
Termination by Lenders. Agent may, and at the direction of ---------------------- Majority Lenders shall, terminate this Agreement without upon written notice to the Borrower upon or after the occurrence and during the continuance of an Event of Default.
Appears in 1 contract
Sources: Loan and Security Agreement (Borden Chemicals & Plastics Limited Partnership /De/)
Termination by Lenders. Agent may, and at the ---------------------- direction of Majority Revolving Credit Lenders or Majority Term Loan Lenders (to the extent permitted under Section 10.2) shall, terminate this Agreement without notice upon or after the occurrence and during the continuance of an Event of Default.
Appears in 1 contract
Sources: Loan and Security Agreement (Falcon Products Inc /De/)
Termination by Lenders. Agent may, and at the direction of ---------------------- Majority Lenders shall, terminate this Agreement without notice upon or after the occurrence and during the continuance of an Event of Default.
Appears in 1 contract
Termination by Lenders. Agent may, and at the direction of ---------------------- Majority Lenders or Majority Term Loan B Lenders (to the extent permitted under Section 10.2) shall, terminate this Agreement without notice upon or after the occurrence and during the continuance of an Event of Default.
Appears in 1 contract
Sources: Loan and Security Agreement (Falcon Products Inc /De/)
Termination by Lenders. Agent may, and at the direction of Majority Lenders shall, by written notice to Borrowers, terminate this Agreement without notice upon or after the occurrence and during the continuance of an Event of Default; provided, however, that no notice shall be required to terminate this Agreement if such termination is a result of an Event of Default described in Section 10.1.8 hereof.
Appears in 1 contract
Termination by Lenders. Agent may, and at the ---------------------- direction of Majority Lenders or Majority Term Loan B Lenders (to the extent permitted under Section 10.2) shall, terminate this Agreement without notice upon or after the occurrence and during the continuance of an Event of Default.
Appears in 1 contract
Sources: Loan and Security Agreement (Falcon Products Inc /De/)
Termination by Lenders. Agent may, and at the direction of Majority Lenders shall, terminate this Agreement without notice upon or after the occurrence and during the continuance continuation of an Event of Default.”
Appears in 1 contract
Termination by Lenders. Agent may, and at the direction of Majority Lenders shall, terminate this Agreement without with notice upon or after the occurrence and during the continuance of an Event of DefaultDefault or without notice upon or after the occurrence and during the continuation of an Event of Default under SECTION 10.1.7 (Insolvency and Related Proceedings) of the Agreement.
Appears in 1 contract