Common use of Termination of Defaulting Lender Commitments Clause in Contracts

Termination of Defaulting Lender Commitments. Livent may terminate the unused amount of the Commitment of a Defaulting Lender upon not less than ten (10) Business Days’ prior notice to the Administrative Agent (who will promptly notify the Lenders thereof), and in such event the provisions of Section 2.09 will apply to all amounts thereafter paid by any Borrower for the account of such Defaulting Lender under this Agreement (whether on account of principal, interest, fees, indemnity or other amounts); provided, that such termination will not be deemed to be a waiver or release of any claim any Borrower, the Administrative Agent, the Issuing Banks or any Lender may have against such Defaulting Lender. (e)

Termination of Defaulting Lender Commitments. Livent The Borrower may terminate the unused amount of the Commitment of a Defaulting Lender upon not less than ten (10) 10 Business Days’ prior notice to the Administrative Agent (who which will promptly notify the Lenders thereof), and in such event the provisions of Section 2.09 2.17 will apply to all amounts thereafter paid by any the Borrower for the account of such Defaulting Lender under this Agreement (whether on account of principal, interest, fees, indemnity or other amounts); provided, that such termination will not be deemed to be a waiver or release of any claim any the Borrower, the Administrative Agent, the Issuing Banks or any Lender may have against such Defaulting Lender. (e).

Termination of Defaulting Lender Commitments. Livent LiventArcadium may terminate the unused amount of the Commitment of a Defaulting Lender upon not less than ten (10) Business Days’ prior notice to the Administrative Agent (who will promptly notify the Lenders thereof), and in such event the provisions of Section 2.09 will apply to all amounts thereafter paid by any Borrower for the account of such Defaulting Lender under this Agreement (whether on account of principal, interest, fees, indemnity or other amounts); provided, that such termination will not be deemed to be a waiver or release of any claim any Borrower, the Administrative Agent, the Issuing Banks or any Lender may have against such Defaulting Lender. (e).

Termination of Defaulting Lender Commitments. Livent Borrower may terminate the unused amount of the Commitment of a Defaulting Lender upon not less than ten (10) 10 Business Days’ prior notice to the Administrative Agent (who which will promptly notify the Lenders thereof), and in such event the provisions of Section 2.09 2.13 will apply to all amounts thereafter paid by any Borrower for the account of such Defaulting Lender under this Agreement (whether on account of principal, interest, fees, indemnity or other amounts); provided, provided that such termination will not be deemed to be a waiver or release of any claim any Borrower, the Administrative Agent, the Issuing Banks Issuers or any Lender may have against such Defaulting Lender. (e).

Termination of Defaulting Lender Commitments. Livent The Company may terminate the unused amount of the Multi-Currency Commitment of a Defaulting Lender upon not less than ten (10) Business Days’ prior notice to the Administrative Agent (who which will promptly notify the Lenders thereof), and in such event the provisions of Section 2.09 7.15 will apply to all amounts thereafter paid by any Borrower the Borrowers for the account of such Defaulting Lender under this Agreement (whether on account of principal, interest, fees, indemnity or other amounts); provided, that such termination will not be deemed to be a waiver or release of any claim any Borrowerthe Borrowers, the Administrative Agent, the Issuing Banks Lenders, the Swing Line Lenders or any Lender may have against such Defaulting Lender. (e).

Termination of Defaulting Lender Commitments. Livent The Borrower may terminate the unused amount of the Commitment of a Defaulting Lender upon not less than ten (10) 10 Business Days’ prior notice to the Administrative Agent (who will promptly notify the Lenders thereof), and in such event the provisions of Section 2.09 2.11 will apply to all amounts thereafter paid by any the Borrower for the account of such Defaulting Lender under this Agreement (whether on account of principal, interest, fees, indemnity or other amounts); provided, that such termination will not be deemed to be a waiver or release of any claim any the Borrower, the Administrative Agent, the Issuing Banks Agent or any Lender may have against such Defaulting Lender. (e)

Termination of Defaulting Lender Commitments. Livent may terminate the unused amount of the Commitment of a Defaulting Lender upon not less than ten (10) Business Days’ prior notice to the Administrative Agent (who will promptly notify the Lenders thereof), and in such event the provisions of Section 2.09 will apply to all amounts thereafter paid by any Borrower for the account of such Defaulting Lender under this Agreement (whether on account of principal, interest, fees, indemnity or other amounts); provided, that such termination will not be deemed to be a waiver or release of any claim any Borrower, the Administrative Agent, the Issuing Banks or any Lender may have against such Defaulting Lender. (e).

Termination of Defaulting Lender Commitments. Livent Borrower may terminate the unused amount of the Commitment of a Defaulting Lender upon not less than ten (10) 10 Business Days’ prior notice to the Administrative Agent (who which will promptly notify the Lenders thereof), and in such event the provisions of Section 2.09 2.13 will apply to all amounts thereafter paid by any Borrower for the account of such Defaulting Lender under this Agreement (whether on account of principal, interest, fees, indemnity or other amounts); provided, provided that such termination will not be deemed to be a waiver or release of any claim any Borrower, the Administrative Agent, the Issuing Banks Issuers or any Lender may have against such Defaulting Lender. (eq)