Special Advance Facility Termination Sample Clauses

Special Advance Facility Termination. The Special Advance Facility will be made available to the Borrower from the Fourth Amendment Date until the earlier of (a) the Special Advance Termination Date or (b) termination of the Special Advance Facility in the sole discretion of the Agent at any time upon the occurrence and during the continuance of an Event of Default. Upon the Special Advance Facility being terminated in accordance with this Section 2.3, the Lenders shall have no further obligation to make any additional Special Advances and the outstanding Special Advances, together with unpaid interest accrued thereon, shall be immediately due and payable without further notice or demand. The Special Advances constitute Obligations and are secured by all of the Collateral. Borrower and the other Obligated Parties agree that notwithstanding Section 13.2 of the Loan Agreement or otherwise, Agent and Lenders may participate the Special Advance Facility to any institution, whether or not it is a financial institution.