Example ContractsClausesdefaulting lender waterfallIdentical
Remove:

Defaulting Lender Adjustments. Notwithstanding anything to the contrary contained in this Agreement, if any Lender becomes a Defaulting Lender, then, until such time as such Lender is no longer a Defaulting Lender, to the extent permitted by applicable law:

Credit Agreement
Source:SEC EDGAR databaseDate:December 5, 2022SIC:7372CIK:7372
RCM TECHNOLOGIES INC (RCMT) (CIK 0000700841)
Source:SEC EDGAR databaseDate:August 14, 2018SIC:7363CIK:7363
SECOND AMENDMENT TO CREDIT AGREEMENT
Source:SEC EDGAR databaseDate:May 10, 2023SIC:8050CIK:8050
Credit Agreement
Source:SEC EDGAR databaseDate:May 17, 2017SIC:3490CIK:3490
Select clause to view document information.

Draft better contracts
faster with AllDrafts

AllDrafts is a cloud-based editor designed specifically for contracts. With automatic formatting, a massive clause library, smart redaction, and insanely easy templates, it’s a welcome change from Word.

And AllDrafts generates clean Word and PDF files from any draft.