Early Termination by Borrower. Borrowers have the option, at any time upon 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. Borrowers have Borrower has the option, at any time upon 10 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. Borrowers shall not be liable for any early If Borrower has sent a notice of termination penalty or premium in connection with any termination under pursuant to the provisions of this Section, but then the Commitments shall terminate and Borrower shall be liable for any applicable Funding Losses obligated to repay in connection therewith cash the Obligations in accordance with Section 2.12full on the date set forth as the date of termination of this Agreement in such notice.
Appears in 3 contracts
Samples: Second Lien Credit Agreement (Bakers Footwear Group Inc), Second Lien Credit Agreement (Bakers Footwear Group Inc), Second Lien Credit Agreement (Bakers Footwear Group Inc)
Early Termination by Borrower. Borrowers have Borrower has the option, at any time upon 10 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. Borrowers If Borrower has sent a notice of termination pursuant to the provisions of this Section 3.5, then the Commitments shall not be liable for any early termination penalty or premium in connection with any termination under this Section, but terminate and Borrower shall be liable for any applicable Funding Losses obligated to repay the Obligations in connection therewith full, on the date set forth as the date of termination of this Agreement in accordance with Section 2.12such notice.
Appears in 2 contracts
Samples: Loan and Security Agreement (Hercules Capital, Inc.), Loan and Security Agreement (Hercules Capital, Inc.)
Early Termination by Borrower. Borrowers have Borrower has the option, at any time upon 10 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. Borrowers If Borrower has sent a notice of termination pursuant to the provisions of this Section 3.5, then the Commitments shall not be liable for any early termination penalty or premium in connection with any termination under this Section, but terminate and Borrower shall be liable for any applicable Funding Losses obligated to repay the Obligations in connection therewith full, on the date set forth as the date of termination of this Agreement in accordance with Section 2.12such notice.
Appears in 1 contract
Samples: Loan and Security Agreement (Hercules Capital, Inc.)
Early Termination by Borrower. Borrowers have Borrower has the option, at any time upon 10 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. Borrowers If Borrower has sent a notice of termination pursuant to the provisions of this Section 3.6, then the Commitments shall not be liable for any early termination penalty or premium in connection with any termination under this Section, but terminate and Borrower shall be liable for any applicable Funding Losses obligated to repay the Obligations in connection therewith full, on the date set forth as the date of termination of this Agreement in accordance with Section 2.12.such notice. In the
Appears in 1 contract
Samples: Loan and Security Agreement (Hercules Technology Growth Capital Inc)