Common use of Early Termination by Borrower Clause in Contracts

Early Termination by Borrower. Borrower has the option, at any time upon 5 Business Days prior written notice to Agent, to terminate this Agreement and terminate the Commitments hereunder by repaying to Agent all of the Obligations in full.

Appears in 7 contracts

Samples: Credit Agreement (Daegis Inc.), Credit Agreement (Daegis Inc.), Credit Agreement (Unify Corp)

AutoNDA by SimpleDocs

Early Termination by Borrower. Borrower has the option, at any time upon 5 10 Business Days prior written notice to Agent, to terminate this Agreement and terminate the Commitments hereunder by repaying paying to Agent all of the Obligations (including (a) providing Letter of Credit Collateralization with respect to the then existing Letter of Credit Usage, and (b) providing Bank Product Collateralization with respect to the then existing Bank Products), in full.

Appears in 7 contracts

Samples: Credit Agreement (Powerwave Technologies Inc), Credit Agreement (Navarre Corp /Mn/), Credit Agreement (Quest Software Inc)

Early Termination by Borrower. Borrower has the option, at any time upon 5 10 Business Days prior written notice to Agent, to terminate this Agreement and terminate the Revolver Commitments hereunder by repaying paying to Agent all of the Obligations (including (a) providing Letter of Credit Collateralization with respect to the then existing Letter of Credit Usage, and (b) providing Bank Product Collateralization with respect to the then existing Bank Products), in full.

Appears in 6 contracts

Samples: Credit Agreement (MDC Partners Inc), Credit Agreement (MDC Partners Inc), Credit Agreement (MDC Partners Inc)

Early Termination by Borrower. Borrower has the option, at any time upon 5 10 Business Days prior written notice to Agent, to terminate this Agreement and terminate the Commitments hereunder by repaying to Agent all of the Obligations in full.

Appears in 4 contracts

Samples: Credit Agreement (Federal Signal Corp /De/), Credit Agreement (Federal Signal Corp /De/), Credit Agreement (Magma Design Automation Inc)

Early Termination by Borrower. Borrower has Borrowers have the option, at any time upon 5 10 Business Days prior written notice to Agent, to terminate this Agreement and terminate the Commitments hereunder by repaying to Agent all of the Obligations in full. Borrowers shall not be liable for any early termination penalty or premium in connection with any termination under this Section, but shall be liable for any applicable Funding Losses in connection therewith in accordance with Section 2.12.

Appears in 4 contracts

Samples: Credit Agreement (Hampshire Group LTD), Credit Agreement (Hampshire Group LTD), Credit Agreement (Hampshire Group LTD)

Early Termination by Borrower. Borrower has the option, at any time upon 5 10 Business Days (or a shorter time if agreed by Agent) prior written notice to Agent, to terminate this Agreement and terminate the Revolver Commitments hereunder by repaying to Agent all of the Obligations in full.

Appears in 3 contracts

Samples: Credit Agreement (Oclaro, Inc.), Credit Agreement (Oclaro, Inc.), Credit Agreement (Oclaro, Inc.)

Early Termination by Borrower. Borrower has the option, at any time upon 5 2 Business Days prior written notice by Borrower to Agent, to terminate this Agreement and terminate the Commitments hereunder by repaying paying to Agent all of Agent, in cash, the Obligations in full. If Borrower has sent a notice of termination pursuant to the provisions of this Section, then the Commitments shall terminate and Borrower shall be obligated to repay in cash the Obligations in full on the date set forth as the date of termination of this Agreement in such notice.

Appears in 3 contracts

Samples: Registration Rights Agreement (Bakers Footwear Group Inc), Registration Rights Agreement (Bakers Footwear Group Inc), Registration Rights Agreement (Bakers Footwear Group Inc)

Early Termination by Borrower. Borrower has the option, at any time upon 5 10 Business Days prior written notice to Agent, to terminate this Agreement and terminate the Commitments hereunder by repaying indefeasibly paying to Agent all of the Obligations (including (a) providing Letter of Credit Collateralization with respect to the then existing Letter of Credit Usage, and (b) providing Bank Product Collateralization with respect to the then existing Bank Products), in full.

Appears in 2 contracts

Samples: Credit Agreement (Realpage Inc), Credit Agreement (Realpage Inc)

Early Termination by Borrower. Borrower has the option, at any time upon 5 3 Business Days prior written notice to Agent, to terminate this Agreement and terminate the Commitments hereunder by repaying paying to Agent all of the Obligations (including (a) providing Letter of Credit Collateralization with respect to the then existing Letter of Credit Usage, and (b) providing Bank Product Collateralization with respect to the then existing Bank Products), in full.

Appears in 2 contracts

Samples: Credit Agreement (Landrys Restaurants Inc), Credit Agreement (Landrys Restaurants Inc)

Early Termination by Borrower. Borrower has the option, at any time upon 5 Business Days thirty (30) days prior written notice to Agent, to terminate this Agreement and terminate the Commitments hereunder by repaying to Agent all of the Obligations in full. If Borrower has sent a notice of termination pursuant to the provisions of this Section 3.5, then the Commitments shall terminate and Borrower shall be obligated to repay the Obligations in full, on the date set forth as the date of termination of this Agreement in such notice.

Appears in 2 contracts

Samples: Loan and Security Agreement (Hercules Capital, Inc.), Loan and Security Agreement (Hercules Capital, Inc.)

Early Termination by Borrower. Borrower has the option, at any time upon 5 Business Days prior written notice to Agent, to terminate this Agreement and terminate the Revolver Commitments hereunder by repaying to Agent all of the Obligations in full.

Appears in 2 contracts

Samples: Credit Agreement (Horizon Lines, Inc.), Credit Agreement (Horizon Lines, Inc.)

Early Termination by Borrower. Borrower has the option, at any time upon 5 10 Business Days prior written notice to Administrative Agent, to terminate this Agreement and the other Loan Documents and to terminate the Commitments hereunder by repaying paying to Administrative Agent all of the Obligations (including (a) providing Letter of Credit Collateralization with respect to the then outstanding Letters of Credit, and (b) providing Bank Product Collateralization to the extent contemplated in the definition thereof and in Section 17.5(c)) in full.

Appears in 2 contracts

Samples: Credit Agreement (Watsco Inc), Credit Agreement (Watsco Inc)

Early Termination by Borrower. Borrower has the option, at any time upon 5 Business Days 10 days prior written notice to Agent, to terminate this Agreement and terminate the Commitments hereunder by repaying to Agent all of the Obligations in full.

Appears in 1 contract

Samples: Credit Agreement (THQ Inc)

Early Termination by Borrower. Borrower has the option, at any time upon 5 3 Business Days prior written notice to Agent, to terminate this Agreement and terminate the Commitments hereunder by repaying paying to Agent all of Agent, in cash, the Obligations in full.(including (a) providing Letter of Credit Collateralization, and

Appears in 1 contract

Samples: Loan and Security Agreement (Freshpet, Inc.)

AutoNDA by SimpleDocs

Early Termination by Borrower. Borrower has the option, at any time upon 5 Business Days prior written notice to Agent, to terminate this Agreement and terminate the Commitments hereunder by repaying paying to Agent all of the Obligations (including (a) providing Letter of Credit Collateralization with respect to the then existing Letter of Credit Usage, and (b) providing Bank Product Collateralization with respect to the then existing Bank Products), in full.

Appears in 1 contract

Samples: Credit Agreement (Utstarcom Inc)

Early Termination by Borrower. Borrower has the option, at any time upon 5 Business Days ninety (90) days prior written notice to Agent, to terminate this Agreement and terminate the Commitments hereunder by repaying to Agent all of the Obligations in full. If Borrower has sent a notice of termination pursuant to the provisions of this Section 3.5, then the Commitments shall terminate and Borrower shall be obligated to repay the Obligations in full, on the date set forth as the date of termination of this Agreement in such notice.

Appears in 1 contract

Samples: Loan and Security Agreement (Hercules Capital, Inc.)

Early Termination by Borrower. Borrower has the option, at any time upon 5 10 Business Days prior written notice to Agent, to terminate this Agreement and terminate the Commitments hereunder by repaying paying to Agent all of Agent, in cash, the Obligations (including (a) providing Letter of Credit Collateralization with respect to the then existing Letter of Credit Usage, and (b) providing Bank Product Collateralization with respect to the then existing Bank Products), in full.

Appears in 1 contract

Samples: Credit Agreement (Captaris Inc)

Early Termination by Borrower. Borrower has the option, at any time upon 5 10 Business Days prior written notice to Agent, to terminate this Agreement and terminate the Commitments hereunder by repaying paying to Agent all of the Obligations (including (a) providing Letter of Credit Collateralization with respect to the then existing Letter of Credit Usage and (b) providing Bank Product Collateralization with respect to the then existing Bank Products), in full.

Appears in 1 contract

Samples: Credit Agreement (Jamba, Inc.)

Early Termination by Borrower. Borrower has The Borrowers have the option, at any time upon 5 10 Business Days prior written notice to Agentthe Agents, to terminate this Agreement and terminate the Commitments hereunder by repaying paying to Agent all of the Agents (as applicable) the Obligations (including (a) providing Letter of Credit Collateralization with respect to the then existing Letter of Credit Usage, and (b) providing Bank Product Collateralization with respect to the then existing Bank Products), in full.

Appears in 1 contract

Samples: Senior Revolving Credit Agreement (Bumble Bee Capital Corp.)

Early Termination by Borrower. Borrower has the option, at any time upon 5 10 Business Days (or such shorter time as Agent may agree) prior written notice to Agent, to terminate this Agreement and terminate the Commitments hereunder by repaying to Agent all of the Obligations in full.

Appears in 1 contract

Samples: Credit Agreement (Patrick Industries Inc)

Early Termination by Borrower. Borrower has the option, at any time upon 5 10 Business Days prior written notice to Agent, to terminate this Agreement and terminate the Commitments hereunder by repaying paying to Agent all of (as applicable) the Obligations Obligations, in full.

Appears in 1 contract

Samples: Senior Term Loan Credit Agreement (Bumble Bee Capital Corp.)

Early Termination by Borrower. Borrower has the option, at any time upon 5 Business Days ninety (90) days prior written notice to Agent, to terminate this Agreement and terminate the Commitments hereunder by repaying to Agent all of the Obligations in full.. If Borrower has sent a notice of termination pursuant to the provisions of this Section 3.6, then the Commitments shall terminate and Borrower shall be obligated to repay the Obligations in full, on the date set forth as the date of termination of this Agreement in such notice. In the

Appears in 1 contract

Samples: Loan and Security Agreement (Hercules Technology Growth Capital Inc)

Early Termination by Borrower. Borrower has the option, at any time upon 5 10 Business Days prior written notice to Agent, to terminate this Agreement and terminate the Commitments hereunder by repaying paying to Agent all of the Obligations (including providing Letter of Credit Collateralization with respect to the then existing Letter of Credit Usage), in full.

Appears in 1 contract

Samples: Guarantied Credit Agreement (Stanadyne Holdings, Inc.)

Time is Money Join Law Insider Premium to draft better contracts faster.