Upon the occurrence of a Change of Control. the Commitments shall be reduced to zero and the principal amount outstanding hereunder, all interest thereon and all other amounts payable under this Agreement and the other Loan Documents shall become and be forthwith due and payable, without presentment, demand, protest or further notice of any kind, all of which are hereby expressly waived by the Borrower.
Appears in 4 contracts
Samples: Credit Agreement (Panhandle Eastern Pipe Line Co), Credit Agreement (Consumers Energy Co), Credit Agreement (Panhandle Eastern Pipe Line Co)