Early Termination by Borrowers. Borrowers have the option, at any time upon 10 Business Days prior written notice to Agent, to terminate this Agreement and terminate the Revolver Commitments hereunder by paying to Agent 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.
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Samples: Credit Agreement (Finisar Corp), Credit Agreement (Finisar Corp)
Early Termination by Borrowers. Borrowers have the option, at any time upon 10 5 Business Days prior written notice to Agent, to terminate this Agreement and terminate the Revolver Commitments hereunder by paying to Agent 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 (Angiotech Pharmaceuticals Inc), Credit Agreement (Angiotech Pharmaceuticals Inc)
Early Termination by Borrowers. Borrowers have the option, at any time upon 10 5 Business Days Days’ prior written notice to Agent (or such shorter notice as may be agreed to by the Agent), to terminate this Agreement and terminate the Revolver Commitments hereunder by paying repaying in full 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 other than Bank Product Collateralization Obligations that, at such time, are not required to be repaid or cash collateralized in accordance with respect to the then existing Bank ProductsSection 1.4), in full.
Appears in 2 contracts
Samples: Debtor in Possession Credit Agreement (Exide Technologies), Dip Credit Agreement (Exide Technologies)
Early Termination by Borrowers. Borrowers have the option, at any time upon 10 5 Business Days Days’ prior written notice to Agent, to terminate this Agreement and terminate the Revolver Commitments hereunder by paying repaying in full 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 other than Bank Product Collateralization Obligations that, at such time, are not required to be repaid or cash collateralized in accordance with respect to the then existing Bank ProductsSection 1.4), in full.
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Early Termination by Borrowers. Borrowers have the option, at any time upon 10 five (5) Business Days prior written notice to Agent, to terminate this Agreement and terminate the Revolver Commitments hereunder by paying to Agent 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.
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