Common use of Non-Renewal by Company; Notice Clause in Contracts

Non-Renewal by Company; Notice. If Company does not wish Xxxxx Fargo to consider renewal of the Line of Credit on the next Maturity Date, Company shall deliver an Authenticated Record to Xxxxx Fargo at least 90 days prior to the Maturity Date notifying Xxxxx Fargo of its intention not to renew. If Company fails to deliver to Xxxxx Fargo such timely notice, then the Revolving Note shall accrue interest at the Default Rate commencing on the 90th day prior to the Maturity Date and continuing through the date that Xxxxx Fargo receives delivery of an Authenticated Record giving it actual notice of Company’s intention not to renew.

Non-Renewal by Company; Notice. If Company does not wish Xxxxx Fargo to consider renewal of the Line of Credit on the next Maturity Date, Company shall deliver an Authenticated Record to Xxxxx Fargo at least 90 sixty (60) days prior to the Maturity Date notifying Xxxxx Fargo of its intention not to renew. If Company fails to deliver to Xxxxx Fargo such timely notice, then the Revolving Note shall accrue interest at the Default Rate commencing on the 90th sixtieth (60th) day prior to the Maturity Date and continuing through the date that Xxxxx Fargo receives delivery of an Authenticated Record giving it actual notice of Company’s intention not to renew.

Non-Renewal by Company; Notice. If Company does not wish Xxxxx Wxxxx Fargo to consider renewal of the Line of Credit on the next Maturity Date, Company shall deliver an Authenticated Record to Xxxxx Wxxxx Fargo at least 90 60 days prior to the Maturity Date notifying Xxxxx Wxxxx Fargo of its intention not to renew. If Company fails to deliver to Xxxxx Wxxxx Fargo such timely notice, then the Revolving Note shall accrue interest at the Default Rate commencing on the 90th 60th day prior to the Maturity Date and continuing through the date that Xxxxx Wxxxx Fargo receives delivery of an Authenticated Record giving it actual notice of Company’s intention not to renew.

Non-Renewal by Company; Notice. If Company does not wish Xxxxx Fargo to consider renewal of the Line of Credit on the next Maturity Date, Company shall deliver an Authenticated Record to Xxxxx Fargo at least 90 30 days prior to the Maturity Date notifying Xxxxx Fargo of its intention not to renew. If Company fails to deliver to Xxxxx Fargo such timely notice, then the Revolving Note shall accrue interest at the Default Rate commencing on the 90th 30th day prior to the Maturity Date and continuing through the date that Xxxxx Fargo receives delivery of an Authenticated Record giving it actual notice of Company’s intention not to renew.

Non-Renewal by Company; Notice. If Company does not wish Xxxxx Wxxxx Fargo to consider renewal of the Line of Credit on the next Maturity Date, Company shall deliver an Authenticated Record to Xxxxx Wxxxx Fargo at least 90 days prior to the Maturity Date notifying Xxxxx Wxxxx Fargo of its intention not to renew. If Company fails to deliver to Xxxxx Wxxxx Fargo such timely notice, then the unpaid principal amount of the Revolving Note shall accrue interest at the Default Rate commencing on the 90th day prior to the Maturity Date and continuing through the date that Xxxxx Wxxxx Fargo receives delivery of an Authenticated Record giving it actual notice of Company’s 's intention not to renew.

Non-Renewal by Company; Notice. If Company does not wish Xxxxx Fargo to consider renewal of the Line of Credit on the next Maturity Date, Company shall deliver an Authenticated Record to Xxxxx Fargo at least 90 30 days prior to the Maturity Date notifying Xxxxx Fargo of its intention not to renew. If Company fails to deliver to Xxxxx Fargo such timely notice, then the Revolving Note shall accrue interest at the Default Rate commencing on the 90th 30th day prior to the Maturity Date and continuing through the date that Xxxxx Fargo receives delivery of an Authenticated Record giving it actual notice of Company’s 's intention not to renew.