Borrower's Right to Terminate Sample Clauses

Borrower's Right to Terminate. Borrower shall have the right to terminate this Agreement and the parties’ obligations under the Loan Documents provided that (i) Borrower delivers to Lender thirty (30) days advance written notice of its irrevocable election to terminate specifying the Expiration Date, (ii) Borrower has provided each counterparty with all necessary notice under each Qualified Rate Swap Agreement to terminate each Qualified Rate Swap Agreement as of the Expiration Date, (iii) Borrower has deposited with the Lender for payment to the counterparty of each Qualified Rate Swap Agreement, any payments due under the Qualified Rate Swap Agreement and all Hedge Fees (as defined below) and (iv) Borrower repays all accrued interest on, and principal with respect to, the Loan in full, and performs all Obligations under this Agreement, the Revolving Credit Note and the other Loan Documents, including, but not limited to, Borrower’s obligation (except as provided in Section 3.4.3) to pay (a) the Prepayment Fee, if any, and (b) the liquidated Unused Facility Fee, Minimum Usage Fee, and Minimum Servicing Fee, all as specified in Section 2.14.2. In the event that Borrower shall comply with the foregoing requirements, Lender shall release the Liens granted hereunder on the Expiration Date in accordance with Section 2.11. Without limiting any other provision contained herein to the contrary, in the event Borrower shall revoke any such request to terminate this Agreement and its obligations hereunder, Borrower shall pay all costs and expenses incurred by Lender and Servicer in connection with such revocation.
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Borrower's Right to Terminate. Borrower may terminate the financing arrangements under this Agreement and the other Loan Documents at any time by giving Lender not less than ninety (90) days written notice of Borrower's intention to terminate this Agreement in the manner set forth in Section 15.3 below; provided, however, that in order for any such notice of termination by Borrower pursuant to this Section 11.2 to become effective, Borrower, on or before such termination date, shall pay the Obligations to Lender in full in immediately available funds and shall pay the prepayment fee specified in Section 2.13 of this Agreement.
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Borrower's Right to Terminate. Borrowers may terminate the financing arrangements under this Agreement and the other Loan Documents:
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Borrower's Right to Terminate the Credit Facility -------------------------------------------------
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Borrower's Right to Terminate. Borrower shall have the right to terminate this Agreement and the parties' obligations under the Loan Documents provided that (i) Borrower delivers to Lender thirty (30) days advance
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Borrower's Right to Terminate. Borrower shall have the right to terminate this Agreement upon written notice to the Agent; provided, however, that no such notice of termination shall be or become effective unless, at the time such notice is given, all Obligations shall have been paid in full in immediately available funds and there exists no commitment by either Bank which could give rise to any Obligations. The giving of any such notice of termination by Borrower, whether or not effective under the foregoing provisions of this Subsection, shall immediately terminate any obligation of Banks to make advances under this Agreement and, notwithstanding any attempt by Borrower to revoke or withdraw any notice of termination, no obligation of Banks to make advances hereunder shall rearise except to the extent and upon such terms and conditions as may be agreed to by Banks in writing in Banks' sole discretion.
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Related to Borrower's Right to Terminate

  • Purchaser’s Right to Terminate Anything in any of the Transaction Documents to the contrary notwithstanding, each Purchaser has the right to demand and receive back from the Company such Purchaser’s Subscription Amount at any time until a Closing takes place in connection with such Subscription Amount. UNDER NO CIRCUMSTANCES WILL THE PURCHASER’S SUBSCRIPTION AMOUNT BE DELIVERED TO OR UNDER THE CONTROL OR AUTHORITY OF ANY PLACEMENT AGENT OR BROKER INCLUDING BUT NOT LIMITED TO PALLADIUM CAPITAL ADVISORS, LLC.

  • Landlord’s Right to Terminate Landlord shall have the option to terminate this Lease in the event any of the following occurs, which option may be exercised only by delivery to Tenant of a written notice of election to terminate within thirty days after the date of such damage or destruction:

  • Right to Terminate Notwithstanding anything to the contrary set forth in this Agreement, this Agreement may be terminated and the transactions contemplated herein abandoned at any time prior to the Closing:

  • Tenant’s Right to Terminate If the Leased Premises, the Building or the Outside Area are damaged by any peril and Landlord does not elect to terminate this Lease or is not entitled to terminate this Lease pursuant to this Article, then as soon as reasonably practicable, Landlord shall furnish Tenant with the written opinion of Landlord's architect or construction consultant as to when the restoration work required of Landlord may be complete. Tenant shall have the option to terminate this Lease in the event any of the following occurs, which option may be exercised only by delivery to Landlord of a written notice of election to terminate within seven days after Tenant receives from Landlord the estimate of the time needed to complete such restoration:

  • Executive’s Right to Terminate Notwithstanding the provisions of paragraph 2.1, Executive shall have the right to terminate his employment under this Agreement for any of the following reasons:

  • Licensee’s Right to Terminate Licensee may, at its option, without prejudice to any other remedies it may have, terminate this agreement by giving written notice of such termination to Licensor as follows: (a) immediately, in the event that Licensor abandons the Licensed Marks or otherwise ceases to support the Licensed Marks in Licensor's business; or (b) immediately in the event of the occurrence of a Bankruptcy with respect to Licensor; or (c) immediately in the event of an occurrence of termination pursuant to Section 13.2(d).

  • Company’s Right to Terminate Notwithstanding the provisions of Section 3.1, Company shall have the right to terminate Executive’s employment under this Agreement at any time for any of the following reasons:

  • Right to Terminate Agreement This Agreement may be terminated prior to the Closing:

  • Reservation of Right to Terminate Relationship Nothing contained in this Agreement shall restrict the right of the Company to terminate the relationship of the Optionee at any time, with or without cause. The termination of the relationship of the Optionee by the Company, regardless of the reason therefor, shall have the results provided for in Sections 3 and 4 of this Agreement.

  • Employee’s Right to Terminate for Convenience In addition to Employee’s right to terminate Employee’s employment for Good Reason, Employee shall have the right to terminate Employee’s employment with the Company for convenience at any time and for any other reason, or no reason at all, upon thirty (30) days’ advance written notice to the Company; provided, however, that if Employee has provided notice to the Company of Employee’s termination of employment, the Company may determine, in its sole discretion, that such termination shall be effective on any date prior to the effective date of termination provided in such notice (and, if such earlier date is so required, then it shall not change the basis for Employee’s termination of employment nor be construed or interpreted as a termination of employment pursuant to Section 7(b)).

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