Common use of CREDIT TERMINATION FEE Clause in Contracts

CREDIT TERMINATION FEE. Upon termination or cancellation of the Credit by the Borrower prior to the Termination Date, the Borrower shall pay to the Lender a termination fee in an amount equal to (a) $100,000, if such termination occurs at any time prior to March 31, 1997, or (b) $75,000 at any time thereafter.

CREDIT TERMINATION FEE. Upon termination or cancellation of the Credit by the Borrower prior to the Termination DateBorrower, the Borrower shall pay to the Lender a termination fee in an amount equal to one percent (a1%) $100,000, if of the Credit Amount in the event that the Credit is terminated or canceled by the Borrower during the period from the date hereof through the one year anniversary of such termination occurs at any time prior to March 31, 1997, or (b) $75,000 at any time thereafterdate.

CREDIT TERMINATION FEE. Upon termination or cancellation of the Credit by the Borrower prior to the Termination Date, the Borrower shall pay to the Lender a termination fee in an amount equal to one percentage (a1%) $100,000, if such termination occurs at any time prior to March 31, 1997, or (b) $75,000 at any time thereafterof the Revolving Credit Amount.

CREDIT TERMINATION FEE. Upon termination or cancellation of the Credit by the Borrower prior to the Termination Date, the Borrower shall pay to the Lender a termination fee in an amount equal to (a) $100,000, if such termination occurs at any time prior to March 31, 1997, or (b) $75,000 at any time thereafter.