Certain Conditions. Notwithstanding any other provision of this Agreement, no Bank shall have an obligation to make any Loan, or to permit the continuation of or any conversion into any LIBOR Loan, and the Issuing Bank shall not have any obligation to issue any Letter of Credit, if an Event of Default or Unmatured Event of Default exists.
Appears in 5 contracts
Samples: Credit Agreement (Nashua Corp), Credit Agreement (Clarion Technologies Inc/De/), Credit Agreement (Nashua Corp)
Certain Conditions. Notwithstanding any other provision of this Agreement, no Bank shall have an obligation to make any Loan, or to permit the continuation of or any conversion into any LIBOR Loan, and the Issuing Bank shall not have any obligation to issue any Letter of Credit, if if: (i) an Event of Default or Unmatured Event of Default existsexists or (ii) the last day of the Interest Period for such Loan would be on or past the Termination Date.
Appears in 2 contracts
Samples: Credit Agreement (Energy West Inc), Credit Agreement (Energy West Inc)
Certain Conditions. Notwithstanding any other provision of this Agreement, no Bank shall have an obligation to make any Loan, or to permit the continuation of or any conversion into any LIBOR Loan, and the Issuing Bank LC Issuer shall not have any obligation to issue any Letter of Credit, if an Event of Default or Unmatured Event of Default exists.
Appears in 2 contracts
Samples: Credit Agreement (Ipalco Enterprises, Inc.), Credit Agreement (Ipalco Enterprises Inc)
Certain Conditions. Notwithstanding any other provision of this Agreement, no the Bank shall have an no obligation to make any Loan, or to permit the continuation of of, or any conversion into into, any LIBOR Loan, and the Issuing Bank shall not have any obligation to issue any Letter of Credit, Loan if an Event of Default shall have occurred and be continuing or an Unmatured Event of Default existswith respect to Section 11.4 shall have occurred and be continuing or if any of the conditions set forth in Section 3 shall not have been met.
Appears in 2 contracts
Samples: Loan and Security Agreement (PLM Equipment Growth Fund V), Loan and Security Agreement (PLM Equipment Growth Fund V)
Certain Conditions. Notwithstanding any other provision of this Agreement, no the Bank shall have an no obligation to make any LoanAdvance, or to permit the continuation of or any conversion into any LIBOR LoanAdvance, and the Issuing Bank shall not have any no obligation to issue any Letter of Credit, if an Event of Default or Unmatured Event of Default exists.
Appears in 1 contract
Samples: Credit Agreement (Bogen Communications International Inc)
Certain Conditions. Notwithstanding any other provision of this Agreement, no Bank Lender shall have an obligation to make any Loan, or to permit the continuation of or any conversion into any LIBOR Loan, and the Issuing Bank shall not have any obligation to issue any Letter of Credit, if an Event of Default or Unmatured Event of Default exists.
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Certain Conditions. Notwithstanding any other provision of this Agreement, no Bank shall have an obligation to make any Loan, Loan or to permit the continuation of or any conversion into any LIBOR Loan, and the Issuing Bank shall not have any obligation to issue any Letter of Credit, if an Event of Default or Unmatured an event exists which, with notice or the passage of time would constitute an Event of Default existsDefault.
Appears in 1 contract
Certain Conditions. Notwithstanding any other provision of this Agreement, no the Bank shall have an no obligation to make any Loan, or to permit the continuation of of, or any conversion into into, any LIBOR Loan, and the Issuing Bank shall not have any obligation to issue any Letter of Credit, if an Event of Default or Unmatured Event of Default existsexists or if any of the conditions set forth in Section 3 shall have occurred.
Appears in 1 contract
Certain Conditions. Notwithstanding any other provision of this Agreement, no Bank shall have an obligation to make any Loan, or to permit the continuation of or any conversion into any LIBOR Loan, and the Issuing Bank shall not have any obligation to issue any Letter of Credit, if if: (i) an Event of Default or Unmatured Event of Default existsexists or (ii) the last day of the Interest Period for such Loan would be on or past the Revolving Termination Date or Termination Date (as applicable) of such Loan.
Appears in 1 contract
Samples: Credit Agreement (Energy West Inc)
Certain Conditions. Notwithstanding any other provision of this Agreement, no Bank shall have an obligation to make any Loan, or to permit the continuation of or any conversion into any LIBOR Loan, and the Issuing Bank shall not have any obligation to issue any Letter of Credit, if an Event of Default or Unmatured Event of Default exists.. YIELD
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