Common use of THEREUPON Clause in Contracts

THEREUPON. in the case of an Event of Default other than one referred to in clause (e) or (f) of this Section 8 with respect to the Company, the Lender will, by notice to the Company, terminate the Commitment 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 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 (2) in the case of the occurrence of an Event of Default referred to in clause (e) or (f) of this Section 8 with respect to the Company, the Commitment shall automatically be terminated 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 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 Administrative Agent may (eand, if directed by the Majority Lenders, shall) or (f) of this Section 8 with respect to the Company, the Lender will, by notice to the Company, terminate Company (a) declare the Commitment Commitments terminated (whereupon the Commitments shall be terminated) and/or (b) declare the principal amount then outstanding of, of and the accrued interest on, on the Loans and fees and all other amounts payable by the Company hereunder and under the Notes to be forthwith due and payable, whereupon such amounts shall be and become immediately due and payable, without other notice, presentment, demand, protest or other formalities of any kind (all of which are hereby expressly waived by the Company); provided that in the case of the occurrence of an Event of Default with respect to the Company referred to in clause (f) or (g) of this Section 10.01, the Commitments shall be automatically terminated and the principal amount then outstanding of and the accrued interest on the Loans and fees and all other amounts payable hereunder and under the Notes shall be and become automatically and immediately due and payable, without notice (including, without limitation, notice of intent to accelerate), presentment, demand, protest or other formalities of any kind, all of which are hereby expressly waived by the Company; and (2) in the case of the occurrence of an Event of Default referred to in clause (e) or (f) of this Section 8 with respect to the Company. Each Lender hereby agrees that, the Commitment shall automatically be terminated and the principal amount then outstanding of, and the accrued interest on, the Loans and all other amounts payable unless so requested by the Company hereunder and under the Notes 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.the