Common use of Bankruptcy, Insolvency or Reorganization Proceedings Clause in Contracts

Bankruptcy, Insolvency or Reorganization Proceedings. If an Event of Default specified under Section 8.1.14 [Involuntary Proceedings] or Section 8.1.15 [Voluntary Proceedings] shall occur, the Commitments shall automatically terminate and be of no further force and effect, the Lenders shall be under no further obligations to make Revolving Credit Loans hereunder, PNC Bank shall be under no obligation to make Swing Loans hereunder and the unpaid principal amount of the Loans then outstanding and all interest accrued thereon, any unpaid fees and all other Indebtedness of the Borrower to the Lenders hereunder and thereunder shall be immediately due and payable, without presentment, demand, protest or notice of any kind, all of which are hereby expressly waived; and

Bankruptcy, Insolvency or Reorganization Proceedings. If an Event of Default specified under Section 8.1.14 9.1.11 [Involuntary Proceedings] or Section 8.1.15 9.1.12 [Voluntary Proceedings] shall occur, the Commitments shall automatically terminate and be of no further force and effect, obligation shall exist on the Lenders shall be under no further obligations or PNC to make Revolving Loans or any Issuing Lender to issue any Letters of Credit Loans hereunder, PNC Bank shall be under no obligation to make Swing Loans hereunder and the unpaid principal amount of the Loans then outstanding and all interest accrued thereon, any unpaid fees and all other Indebtedness Obligations of the Borrower to the Lenders hereunder and thereunder shall be immediately due and payablepayable and the Borrower’s obligation to deposit cash collateral described in Section 9.2.1 [Events of Default Other Than Bankruptcy, Insolvency or Reorganization Proceedings] shall become effective immediately, in each case, without presentment, demand, protest or notice of any kind, all of which are hereby expressly waived; and

Bankruptcy, Insolvency or Reorganization Proceedings. If an Event of Default specified under Section 8.1.14 9.1.15 [Involuntary Proceedings] or Section 8.1.15 9.1.16 [Voluntary Proceedings] shall occur, the Commitments shall automatically terminate Lenders and be of no further force and effect, the Lenders PNC shall be under no further obligations to make Revolving Credit Loans hereunder, PNC Bank hereunder and the Issuing Lender shall be under no obligation to make Swing Loans hereunder issue Letters of Credit and the unpaid principal amount of the Loans then outstanding and all interest accrued thereon, any unpaid fees and all other Indebtedness of the Borrower to the Lenders hereunder and thereunder shall be immediately due and payable, and the Borrower’s obligation to deposit cash collateral described in Section 9.2.1[Events of Default Other Than Bankruptcy, Insolvency or Reorganization Proceedings] shall become effective immediately without presentment, demand, protest or notice of any kind, all of which are hereby expressly waived; and

Bankruptcy, Insolvency or Reorganization Proceedings. If an Event of Default specified under Section 8.1.14 9.1.12 [Involuntary Proceedings] or Section 8.1.15 9.1.13 [Voluntary Proceedings] shall occur, the Commitments shall automatically terminate and be of no further force and effect, obligation shall exist on the Lenders shall be under no further obligations or PNC to make Revolving Loans or any Issuing Lender to issue any Letters of Credit Loans hereunder, PNC Bank shall be under no obligation to make Swing Loans hereunder and the unpaid principal amount of the Loans then outstanding and all interest accrued thereon, any unpaid fees and all other Indebtedness Obligations of the Borrower to the Lenders hereunder and thereunder shall be immediately due and payable, and the Borrower’s obligation to deposit cash collateral described in Section 9.2.1 [Events of Default Other Than Bankruptcy, Insolvency or Reorganization Proceedings] shall become effective immediately, in each case, without presentment, demand, protest or notice of any kind, all of which are hereby expressly waived; and

Bankruptcy, Insolvency or Reorganization Proceedings. If an Event of Default specified under Section 8.1.14 9.1.11 [Involuntary Proceedings] or Section 8.1.15 9.1.12 [Voluntary Proceedings] shall occur, the Commitments shall automatically terminate and be of no further force and effect, obligation shall exist on the Lenders shall be under no further obligations and PNC to make Revolving Loans or each Issuing Lender to issue any Letters of Credit Loans hereunder, PNC Bank shall be under no obligation to make Swing Loans hereunder and the unpaid principal amount of the Loans then outstanding and all interest accrued thereon, any unpaid fees and all other Indebtedness Obligations of the Borrower to the Lenders hereunder and thereunder shall be immediately due and payablepayable and the Borrower’s obligation to deposit cash collateral described in Section 9.2.1 [Events of Default Other Than Bankruptcy, Insolvency or Reorganization Proceedings] shall become effective immediately, in each case, without presentment, demand, protest or notice of any kind, all of which are hereby expressly waived; and

Bankruptcy, Insolvency or Reorganization Proceedings. If an Event of Default specified under Section 8.1.14 9.1.11 [Involuntary Proceedings] or Section 8.1.15 9.1.12 [Voluntary Proceedings] shall occur, the Commitments shall automatically terminate and be of no further force and effect, obligation shall exist on the Lenders shall be under no further obligations and PNC Bank to make Revolving Loans or each Issuing Bank to issue any Letters of Credit Loans hereunder, PNC Bank shall be under no obligation to make Swing Loans hereunder and the unpaid principal amount of the Loans then outstanding and all interest accrued thereon, any unpaid fees and all other Indebtedness Obligations of the Borrower to the Lenders hereunder and thereunder shall be immediately due and payablepayable and the Borrower's obligation to deposit cash collateral described in Section 9.2.1 shall become effective immediately, in each case, without presentment, demand, protest or notice of any kind, all of which are hereby expressly waived; and