Borrower Termination Event Sample Clauses
Borrower Termination Event. Guarantor hereby acknowledges and agrees that Sections 6.1 and 6.3 shall not apply to any Termination Event relating to Guarantor or any of its Subsidiaries and, upon the occurrence of a Termination Event relating to Guarantor or any of its Subsidiaries, the Administrative Agent expressly reserves its rights and remedies under this Guaranty to demand payment hereunder to satisfy the Guaranteed Obligations of all Borrowers and the obligations of Guarantor hereunder whether or not the Administrative Agent has sold or attempted to sell the Pledged Shares of any Borrower or otherwise exercised its rights and remedies under the Pledge Agreement or any other Loan Document. Furthermore nothing contained herein shall be deemed to prohibit or limit in any way whatsoever the Administrative Agent's or any Bank's right or ability to receive its portion of the assets of Guarantor upon the exercise by any other Relevant Agent or any other Relevant Banks of their rights and remedies under any other Relevant Facility or any other creditor of Guarantor.
Borrower Termination Event. Upon the occurrence and during the continuation of a Borrower Termination Event, the Borrower may, by written notice to the Lender, terminate this Agreement, upon which termination the Borrower shall pay to the Lender in full the aggregate principal amount of the Loans, the PIK Interest Note and all interest thereon accrued to the date of such termination. In addition, upon such termination and the payment in full to the Lender of the Loans, the PIK Interest Note and the accrued interest thereon, the Borrower shall have no further obligations hereunder, in any other Loan Documents or the Investment Agreement (other than as expressly provided for in the Investment Agreement), including the Termination Payment, the Commitment Fee or the obligation to reimburse the Lender’s costs and expenses as provided in Section 10.4.