Common use of THEREUPON Clause in Contracts

THEREUPON. in the case of an Event of Default other than one referred to in clause (f) or (g) of this Section 10 with respect to the Company, the Agent may and, upon request of the Majority Banks, shall, by notice to the Company, cancel the Commitments and/or declare the principal amount then outstanding of, and the accrued interest on, the Loans and all other amounts payable by the Company hereunder and under the Notes (including, without limitation, any amounts payable under Section 5.05 hereof) to be forthwith due and payable, whereupon such amounts shall be immediately due and payable without presentment, demand, protest or other formalities of any kind, all of which are hereby expressly waived by the Company; and (ii) in the case of the occurrence of an Event of Default referred to in clause (f) or (g) of this Section 10 with respect to the Company, the Commitments shall automatically be canceled and the principal amount then outstanding of, and the accrued interest on, the Loans and all other amounts payable by the Company hereunder and under the Notes (including, without limitation, any amounts payable under Section 5.05 hereof) shall automatically become immediately due and payable without presentment, demand, protest or other formalities of any kind, all of which are hereby expressly waived by the Company.

THEREUPON. in the case of an Event of Default other than one referred to in clause (f) or (g) of this Section 10 with respect to the CompanyArticle VI where any petition has been filed, the Agent Administrative Agent, with the consent of the Required Lenders, may and, upon request of the Majority BanksRequired Lenders, shall, by notice to the CompanyBorrower, cancel terminate the Commitments and/or declare the principal amount then outstanding of, and the accrued interest on, the Loans and all other amounts payable by the Company Borrower and the Guarantors hereunder and under the Notes (including, without limitation, any amounts payable under Section 5.05 hereof) other Loan Documents to be forthwith due and payable, whereupon such amounts shall be immediately due and payable without presentment, demand, diligence, protest or other formalities of any kind, all of which are hereby expressly waived by the Credit Parties; and (B) in the case of the occurrence of an Event of Default referred to in clause (f) or (g) of this Article VI where any petition has been filed, the Commitments shall be automatically terminated and the principal amount then outstanding of, and the accrued interest on, the Loans and all other amounts payable by the Borrower and the Guarantors hereunder and under any other Loan Documents shall become automatically immediately due and payable without presentment, demand, protest or other formalities of any kind, all of which are hereby expressly waived by the Company; and (ii) in the case of the occurrence of an Event of Default referred to in clause (f) or (g) of this Section 10 with respect to the Company, the Commitments shall automatically be canceled and the principal amount then outstanding of, and the accrued interest on, the Loans and all other amounts payable by the Company hereunder and under the Notes (including, without limitation, any amounts payable under Section 5.05 hereof) shall automatically become immediately due and payable without presentment, demand, protest or other formalities of any kind, all of which are hereby expressly waived by the CompanyCredit Parties.

THEREUPON. in the case of an Event of Default (other than one referred to in clause SUBSECTION (fg) or (gh) of this Section 10 SECTION 9 with respect to the Company), the Agent may andAgent, upon request of the Majority Banks, shallmay, by notice to the Company, cancel the Commitments and/or declare the principal amount then outstanding of, and the accrued interest on, the Loans and all other amounts payable by the Company hereunder and under the Notes (including, without limitation, any amounts payable under Section 5.05 SECTION 5.5 hereof) to be forthwith due and payable, whereupon such amounts shall be immediately due and payable without presentment, demand, protest or other formalities of any kind, all of which are hereby expressly waived by the Company; and (ii) in the case of the occurrence of an Event of Default referred to in clause SUBSECTION (fg) or (gh) of this Section 10 SECTION 9 with respect to the Company, the Commitments shall automatically be canceled and the principal amount then outstanding of, and the accrued interest on, the Loans and all other amounts payable by the Company hereunder and under the Notes (including, without limitation, any amounts payable under Section 5.05 SECTION 5.5 hereof) shall automatically become immediately due and payable without presentment, demand, protest or other formalities of any kind, all of which are hereby expressly waived by the Company.

THEREUPON. (1) in the case of an Event of Default other than one referred to in clause (f) or (g) of this Section 10 6.01 with respect to the CompanyBorrower, the Agent may andLender, upon request of the Majority Banks, shallmay, by notice to the CompanyBorrower, cancel the Commitments and/or declare the principal amount then outstanding of, and the accrued interest on, the Loans Loan and all other amounts payable by the Company Borrower hereunder and under the Notes (including, without limitation, any amounts payable under Section 5.05 hereof) to be forthwith due and payable, whereupon such amounts shall be immediately due and payable payable, without presentment, demand, protest or other formalities of any kind, all of which are hereby expressly waived by the CompanyBorrower; and (ii2) in the case of the occurrence of an Event of Default referred to in clause (f) or (g) of this Section 10 6.01 with respect to the CompanyBorrower, the Commitments shall automatically be canceled and the principal amount then outstanding of, and the accrued interest on, the Loans Loan, and all other amounts payable by the Company Borrower hereunder and under the Notes (including, without limitation, any amounts payable under Section 5.05 hereof) shall automatically become immediately due and payable without presentment, demand, protest or other formalities of any kind, all of which are hereby expressly waived by the CompanyBorrower. In addition, upon the occurrence of any Event of Default the Lender may exercise all rights and remedies available to it under the Loan Documents and applicable law.

THEREUPON. (1) in the case of an Event of Default other than one referred to in clause paragraph (b), (f) or (g) of this Section 10 with respect to the Companyany Obligor, the Agent may and, upon request of the Majority Banks, Lenders shall, by notice to the Company, cancel the Commitments and/or Company declare the principal amount then outstanding of, and the accrued interest on, the Loans and all other amounts payable by the Company Obligors hereunder and under the Notes (including, without limitation, any amounts payable under Section 5.05 hereof) to be forthwith due and payable, whereupon such amounts shall be immediately due and payable without presentment, demand, protest or other formalities of any kind, all of which are hereby expressly waived by the Companyeach Obligor; and (ii2) in the case of the occurrence of an Event of Default referred to in clause paragraph (b), (f) or (g) of this Section 10 with respect to the Companyany Obligor, the Commitments shall automatically be canceled terminated and the principal amount then outstanding of, and the accrued interest on, the Loans and all other amounts payable by the Company Obligors hereunder and under the Notes (including, without limitation, any amounts payable under Section 5.05 hereof) shall automatically become immediately due and payable without presentment, demand, protest or other formalities of any kind, all of which are hereby expressly waived by the Companyeach Obligor.