Acceleration Waivers Amendments and Remedies. 8.1. Acceleration;
Acceleration Waivers Amendments and Remedies. 8.1. Acceleration. If any Default described in Sections 7.7 or 7.8 occurs with respect to Borrower, the obligations of the Lenders to make Loans and to issue Facility Letters of Credit hereunder shall automatically terminate and the Facility Obligations shall immediately become due and payable without any election or action on the part of the Administrative Agent or any Lender. If any other Default occurs, so long as a Default exists Lenders shall have no obligation to make any Loans and the Required Lenders, at any time prior to the date that such Default has been fully cured, may permanently terminate the obligations of the Lenders to make Loans hereunder and declare the Facility Obligations to be due and payable, or both, whereupon if the Required Lenders elected to accelerate (i) the Facility Obligations shall become immediately due and payable, without presentment, demand, protest or notice of any kind, all of which Borrower hereby expressly waives and (ii) if any automatic or optional acceleration has occurred, the Administrative Agent, as directed by the Required Lenders (or if no such direction is given within 30 days after a request for direction, as the Administrative Agent deems in the best interests of the Lenders, in its sole discretion), shall use its good faith efforts to collect, including without limitation, by filing and diligently pursuing judicial action, all amounts owed by Borrower and any Subsidiary Guarantor under the Loan Documents. In addition to the foregoing, following the occurrence of a Default and so long as any Facility Letter of Credit has not been fully drawn and has not been cancelled or expired by its terms, upon demand by the Required Lenders Borrower shall deposit in the Letter of Credit Collateral Account cash in an amount equal to the aggregate undrawn face amount of all outstanding Facility Letters of Credit and all fees and other amounts due or which may become due with respect thereto. Borrower shall have no control over funds in the Letter of Credit Collateral Account and shall not be entitled to receive any interest thereon. Such funds shall be promptly applied by the Administrative Agent to reimburse the Issuing Bank for drafts drawn from time to time under the Facility Letters of Credit and associated issuance costs and fees. Such funds, if any, remaining in the Letter of Credit Collateral Account following the payment of all Facility Obligations in full shall, unless the Administrative Agent is otherwise dire...
Acceleration Waivers Amendments and Remedies. 8.1 Acceleration; Facility LC Collateral Account 62 8.2 Amendments 63 8.3 Preservation of Rights 64
Acceleration Waivers Amendments and Remedies. 8.1 Acceleration; Facility LC Collateral Account.
Acceleration Waivers Amendments and Remedies. 54 8.1 Acceleration................................................................................. 54 8.2 Amendments................................................................................... 54 8.3
Acceleration Waivers Amendments and Remedies. Section 8.01.
Acceleration Waivers Amendments and Remedies. 8.1 Acceleration 8.2 Amendments
Acceleration Waivers Amendments and Remedies. 8.1 Acceleration. If any Default described in Section 7.6 or 7.7 occurs, the obligations of the Lenders to make Syndicated Loans hereunder shall automatically terminate and the Obligations shall immediately become due and payable without any election or action on the part of the Administrative Agent or any Lender, and without presentment, demand, protest or notice of any kind, all of which the Borrower hereby expressly waives. If any other Default occurs and is continuing (which Default has not been waived under the terms of Section 8.2) the Required Lenders may (a) terminate or suspend the obligations of the Lenders to make Syndicated Loans hereunder, or (b) declare the Obligations to be due and payable, whereupon the Obligations shall become immediately due and payable, without presentment, demand, protest or notice of any kind, all of which the Borrower hereby expressly waives, or (c) take the action described in both the preceding clause (a) and the preceding clause (b). If, within 30 days after acceleration of the maturity of the Obligations or termination of the obligations of the Lenders to make Syndicated Loans hereunder as a result of any Default (other than any Default as described in Section 7.6 or 7.7) and before any judgment or decree for the payment of the Obligations due shall have been obtained or entered, the Required Lenders (in their sole discretion) shall so direct, the Administrative Agent shall, by notice to the Borrower, rescind and annul such acceleration and/or termination.
Acceleration Waivers Amendments and Remedies. 90 8.1 Acceleration. 90 8.2 Amendments 91 8.3 Preservation of Rights 93
Acceleration Waivers Amendments and Remedies. 58 8.1. Acceleration; Remedies 58 8.2. Application of Funds 59 8.3. Amendments 60 8.4. Preservation of Rights 60 ARTICLE IX GENERAL PROVISIONS 61 9.1. Survival of Representations 61 9.2. Governmental Regulation 61 9.3. Headings 61 9.4. Entire Agreement 61 9.5. Several Obligations; Benefits of this Agreement 61 9.6. Expenses; Indemnification 61 9.7. Intentionally Omitted 62 9.8. Accounting 62 9.9. Severability of Provisions 63 9.10. Nonliability of Lenders 63 9.11. Confidentiality 64 9.12. Nonreliance 64 9.13. Disclosure 64 9.14. USA PATRIOT ACT; OFAC 65 ARTICLE X THE ADMINISTRATIVE AGENT 65 10.1. Appointment; Nature of Relationship 65 10.2. Powers 66 10.3. General Immunity 66 10.4. No Responsibility for Loans, Recitals, etc 66 10.5. Action on Instructions of Lenders 66 10.6. Employment of Administrative Agents and Counsel 66 10.7. Reliance on Documents; Counsel 67 10.8. Administrative Agent’s Reimbursement and Indemnification 67 10.9. Notice of Event of Default 67 10.10. Rights as a Lender 68 10.11. Lender Credit Decision, Legal Representation 68 10.12. Successor Administrative Agent 68 10.13. Administrative Agent’s and Arrangers’ Fees 69 10.14. Delegation to Affiliates 70 10.15. Documentation Agents, Syndication Agents, etc 70 10.16. No Advisory or Fiduciary Responsibility 70 ARTICLE XI SETOFF; RATABLE PAYMENTS 70 11.1. Setoff 70 11.2. Ratable Payments 71
