Common use of Termination of Defaulting Lender Clause in Contracts

Termination of Defaulting Lender. Holdings may terminate the unused amount of the Commitment of any Lender that is a Defaulting Lender upon not less than five (5) Banking Days’ prior notice to the Agent (which shall promptly notify the Lenders thereof), and in such event the provisions of Section 4.2(a)(ii) will apply to all amounts thereafter paid by 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 (i) no Event of Default shall have occurred and be continuing and (ii) such termination shall not be deemed to be a waiver or release of any claim the Borrowers, the Agent or any Lender may have against such Defaulting Lender.

Termination of Defaulting Lender. Holdings The Company may terminate the unused amount of the Unused Revolving Credit Commitment of any Lender that is a Defaulting Lender upon prior notice of not less than five (5) Banking Days’ prior notice one Business Day to the Agent (which shall promptly notify the Lenders thereof), and in such event the provisions of Section 4.2(a)(ii2.19(a) will shall apply to all amounts thereafter paid by the Borrowers any Borrower for the account of such Defaulting Lender under this Agreement (whether on account of principal, interest, facility fees, indemnity or other amounts); , provided that (i) no Event of Default shall have occurred and be continuing and (ii) such termination shall not be deemed to be a waiver or release of any claim the Borrowersany Borrower, the Agent or any Lender may have against such Defaulting Lender.

Termination of Defaulting Lender. Holdings The Company may terminate the unused amount of the Unused Commitment of any Lender that is a Defaulting Lender upon prior notice of not less than five (5) Banking Days’ prior notice one Business Day to the Agent (which shall promptly notify the Lenders thereof), and in such event the provisions of Section 4.2(a)(ii2.19(a) will shall apply to all amounts thereafter paid by the Borrowers Company for the account of such Defaulting Lender under this Agreement (whether on account of principal, interest, fees, indemnity facility fees or other amounts); , provided that (i) no Event of Default shall have occurred and be continuing and (ii) such termination shall not be deemed to be a waiver or release of any claim the BorrowersCompany, the Agent or any Lender may have against such Defaulting Lender.

Termination of Defaulting Lender. Holdings The Borrowers may terminate the unused amount of the Commitment of any Lender that is a Defaulting Lender upon not less than five (5) Banking Business Days’ prior notice to the Agent (which shall promptly notify the Lenders thereof), and in such event the provisions of Section 4.2(a)(ii) 4.2.2 will apply to all amounts thereafter paid by 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 (i) no Event of Default shall have occurred and be continuing continuing, and (ii) such termination shall not be deemed to be a waiver or release of any claim the Borrowers, the Agent Agent, any Issuing Bank, or any Lender may have against such Defaulting Lender.. 4.3

Termination of Defaulting Lender. Holdings may terminate the unused amount of the Commitment of any Lender that is a Defaulting Lender upon not less than five (5) Banking Days’ prior notice to the Agent (which shall promptly notify the Lenders thereof), and in such event the provisions of Section 4.2(a)(ii) will apply to all amounts thereafter paid by 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 (i) no Event of Default shall have occurred and be continuing and (ii) such termination shall not be deemed to be a waiver or release of any claim the Borrowers, the Agent Agent, the Letter of Credit Issuer or any Lender may have against such Defaulting Lender.. ​

Termination of Defaulting Lender. Holdings The Borrower may terminate the unused amount of the Unused Commitment of any Lender that is a Defaulting Lender upon prior notice of not less than five (5) Banking Days’ prior notice one Business Day to the Agent (which shall promptly notify the Lenders thereof), and in such event the provisions of Section 4.2(a)(ii2.19(e) will shall apply to all amounts thereafter paid by the Borrowers Borrower for the account of such Defaulting Lender under this Agreement (whether on account of principal, interest, fees, indemnity facility fees or other amounts); , provided that (i) no Event of Default shall have occurred and be continuing and (ii) such termination shall not be deemed to be a waiver or release of any claim the BorrowersBorrower, the Agent or any Lender may have against such Defaulting Lender.