Common use of Option of Customer to Terminate Clause in Contracts

Option of Customer to Terminate. Customer will have the option to terminate the WCMA Line of Credit at any time upon written notice to MLBFS. Concurrently with any such termination, Customer shall pay to MLBFS the entire WCMA Loan Balance and all other Obligations.

Appears in 12 contracts

Samples: Loan and Security Agreement (Continucare Corp), Loan and Security Agreement (Stockeryale Inc), Loan and Security Agreement (Dynacq Healthcare Inc)

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Option of Customer to Terminate. Customer will have the option to terminate the WCMA Line of Credit at any time upon written notice to MLBFS. , Concurrently with any such termination, Customer shall pay to MLBFS the entire WCMA Loan Balance and all other Obligations.

Appears in 1 contract

Samples: Loan Agreement (Evergreen International Aviation Inc)

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