Common use of Maturity Date; Termination of Loans Clause in Contracts

Maturity Date; Termination of Loans. (a) Lenders' respective obligations to make any Advance to Borrower pursuant to the provisions hereof shall be in effect until the Maturity Date, unless sooner terminated by Lenders upon the occurrence of an Event of Default, an Unmatured Default, or pursuant to the terms hereof. (b) Upon payment in full of the Tranche A Loans, BOS-Edinburgh's Commitment to make the Tranche B Loans shall terminate.

Appears in 1 contract

Samples: Loan Agreement (Firstcity Financial Corp)

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Maturity Date; Termination of Loans. (a) Lenders' respective obligations Bank's obligation to make any Advance to Borrower pursuant to the provisions hereof shall be in effect until the Maturity Date, unless sooner terminated by Lenders Bank upon the occurrence of an Event of Default, an Unmatured Default, or pursuant to the terms hereof. (b) Upon payment in full of the Tranche A Loans, BOS-Edinburgh's Commitment to make the Tranche B Loans shall terminate.

Appears in 1 contract

Samples: Loan Agreement (Firstcity Financial Corp)

Maturity Date; Termination of Loans. (a) Lenders' respective obligations Bank's obligation to make any Advance to Borrower pursuant to the provisions hereof shall be in effect until the Maturity Date, unless sooner terminated ( a) by Lenders Bank upon the occurrence of an Event of Default, an Unmatured Default, or pursuant to the terms hereof. hereof or (b) Upon by Borrower at any time upon no less than three (3) Business days' prior written notice, accompanied by payment in full of the Tranche A Loans, BOS-Edinburgh's Commitment to make the Tranche B Loans shall terminate.all

Appears in 1 contract

Samples: Loan Agreement (SPSS Inc)

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Maturity Date; Termination of Loans. (a) Lenders' respective obligations The Bank's obligation to make any Advance to Borrower pursuant to the provisions hereof shall be in effect until the Maturity Date, unless sooner terminated by Lenders Bank upon the occurrence of an Event of Default, an Unmatured DefaultDefault (in accordance with Section 7.7), or pursuant to the terms hereof. (b) Upon payment in full of the Tranche A Loans, BOS-Edinburgh's Commitment to make the Tranche B Loans shall terminate.

Appears in 1 contract

Samples: Loan Agreement (Firstcity Financial Corp)

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