Common use of Prepayments or Termination of the Revolving Credit Loan Clause in Contracts

Prepayments or Termination of the Revolving Credit Loan. The Borrower may, at its option, from time to time, subject to the terms and conditions hereof, without penalty, borrow, repay and reborrow amounts under the Revolving Credit Loan. By notice to the Bank in writing, Borrower shall be entitled to terminate the Bank’s commitment to make further advances on the Revolving Credit Loan.

Appears in 6 contracts

Samples: Loan Agreement, Loan Agreement, Loan Agreement (Miller Industries Inc /Tn/)

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Prepayments or Termination of the Revolving Credit Loan. The Borrower may, at its option, from time to time, subject to the terms and conditions hereof, without penalty, borrow, repay and reborrow amounts under the Revolving Credit Loan. By notice to the Bank in writing, Borrower shall be entitled to terminate the Bank’s 's commitment to make further advances on the Revolving Credit Loan.

Appears in 3 contracts

Samples: Loan Agreement (Miller Industries Inc /Tn/), Loan Agreement (Miller Industries Inc /Tn/), Loan Agreement (Susa Partnership Lp)

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