Common use of Early Termination Fee Clause in Contracts

Early Termination Fee. A fully earned, non-refundable early termination fee of 1% of the Facility Amount (the "Early Termination Fee") is due upon voluntary full payment of the Obligations and termination of this Facility by Borrower prior to June 9, 2004, unless the Obligations are paid in full from borrowings under a loan agreement with Bank.

Appears in 1 contract

Samples: Accounts Receivable Financing Agreement (Transgenomic Inc)

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Early Termination Fee. A fully earned, non-refundable early termination fee of 1% of the Facility Amount (the "Early Termination Fee") is $85,000.00 shall be due upon voluntary or involuntary payment in full payment of the Seller's Obligations and termination of this Facility by Borrower prior to June 9, 2004, unless the Obligations are paid in full via initial advance from borrowings under a loan agreement entered into with Silicon Valley Bank.

Appears in 1 contract

Samples: Accounts Receivable Purchase Agreement (P Com Inc)

Early Termination Fee. A fully earned, non-refundable early termination fee of 1% of the Facility Amount (the "Early Termination Fee") $80,000.00 is due upon voluntary or involuntary full payment of the Obligations and termination of this Facility by Borrower prior to June 9, 2004, the Maturity Date unless the Obligations are paid in full from borrowings under an initial advance from a loan agreement with Silicon Valley Bank.

Appears in 1 contract

Samples: Accounts Receivable Financing Agreement (Fischer Imaging Corp)

Early Termination Fee. A fully earned, non-refundable early termination fee of 1% of the Facility Amount (the "Early Termination Fee") $20,000.00 is due upon voluntary or involuntary full payment of the Obligations and termination of this Facility by Borrower prior to June 9, 2004, 2003 unless the Obligations are paid in full from borrowings under an initial advance from a loan agreement with Silicon Valley Bank.

Appears in 1 contract

Samples: Accounts Receivable Financing Agreement (Micro Component Technology Inc)

Early Termination Fee. A fully earned, non-refundable early termination fee of 1% of the Facility Amount (the "Early Termination Fee") $20,000.00 is due upon voluntary or involuntary full payment of the Obligations and termination of this Facility by Borrower prior to June 927, 2004, 2004 unless the Obligations are paid in full from borrowings under an initial advance from a loan agreement with Silicon Valley Bank.

Appears in 1 contract

Samples: Accounts Receivable Financing Agreement (Loudeye Corp)

Early Termination Fee. A fully earned, non-refundable early termination fee of 1% of the Facility Amount (the "Early Termination Fee") $25,000 is due upon voluntary full payment of the Obligations and termination of this Facility by Borrower the Accounts Receivable Purchase Agreement prior to June 9December 15, 2004, 2003 unless the Obligations are paid in full from borrowings under an initial advance from a loan agreement with Silicon Valley Bank.

Appears in 1 contract

Samples: Receivable Purchase Modification Agreement (Aml Communications Inc)

Early Termination Fee. A fully earned, non-refundable early termination fee of 1% of the Facility Amount (the "Early Termination Fee") $15,000.00 is due upon voluntary or involuntary full payment of the Obligations and termination of this Facility by Borrower prior to June 9SEPTEMBER __, 2004, 2001 unless the Obligations are paid in full from borrowings under an initial advance from a loan agreement with BankSilicon Valley Bank (the "Early Termination Fee").

Appears in 1 contract

Samples: Accounts Receivable Financing Agreement (E Sync Networks Inc)

Early Termination Fee. A fully earned, non-refundable early termination fee of 1% of the Facility Amount (the "Early Termination Fee") $80,000.00 is due upon voluntary or involuntary full payment of the Obligations and termination of this Facility by Borrower prior to June 9APRIL 26, 2004, 2001 unless the Obligations are paid in full from borrowings under an initial advance from a loan agreement with Silicon Valley Bank.

Appears in 1 contract

Samples: Accounts Receivable Financing Agreement (Avistar Communications Corp)

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Early Termination Fee. A fully earned, non-refundable early termination fee of 1% of the Facility Amount (the "Early Termination Fee") $25,000 is due upon voluntary or involuntary full payment of the Obligations and termination of this Facility by Borrower prior to June 9May 29, 2004, 2002 unless the Obligations are paid in full from borrowings under an initial advance from a loan agreement with Silicon Valley Bank.

Appears in 1 contract

Samples: Accounts Receivable Financing Agreement (Tanisys Technology Inc)

Early Termination Fee. A fully earned, non-refundable early termination fee of 1% of the Facility Amount (the "Early Termination Fee") $30,000 is due upon voluntary or involuntary full payment of the Obligations and termination of this Facility by Borrower prior to June 9MAY 13, 2004, 2003 unless the Obligations are paid in full from borrowings under an initial advance from a loan agreement with Silicon Valley Bank.

Appears in 1 contract

Samples: Accounts Receivable Financing Agreement (Syntellect Inc)

Early Termination Fee. A fully earned, non-refundable early termination fee of 1% of the Facility Amount (the "Early Termination Fee") $200,000 is due upon voluntary or involuntary full payment of the Obligations and termination of this Facility by Borrower prior to June 9APRIL 1, 2004, 2004 unless the Obligations are paid in full from borrowings under an initial advance from a loan agreement with Silicon Valley Bank.

Appears in 1 contract

Samples: Accounts Receivable Financing Agreement (Proxim Corp)

Early Termination Fee. A fully earned, non-refundable early termination fee of 1% of the Facility Amount (the "Early Termination Fee") $50,000.00 is due upon voluntary full payment of the Obligations and termination of this Facility by Borrower prior to June November 9, 2004, 2001 unless the Obligations are paid in full from borrowings under an initial advance from a loan agreement with Silicon Valley Bank.

Appears in 1 contract

Samples: Accounts Receivable Financing Agreement (Aml Communications Inc)

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