Termination and Assignment of this Agreement. (a) Lender may terminate this Agreement by providing notice substantially in the form of Exhibit C (the “Termination Notice”) together with a copy of this Agreement to Company and Bank, provided that Bank shall have a reasonable time to act on such termination. Lender may assign this Agreement by providing 30 days’ prior written notice of such assignment and assumption together with a copy of this Agreement to Company and Bank. Bank may terminate this Agreement upon 30 days’ prior written notice to Company and Lender. Company may not terminate this Agreement except with the written consent of Lender and upon prior written notice to Bank.
Appears in 2 contracts
Samples: Security Agreement (Paratek Pharmaceuticals, Inc.), Deposit Account Control Agreement (GEE Group Inc.)
Termination and Assignment of this Agreement. (a) Lender may terminate this Agreement by providing notice substantially in the form of Exhibit C B (the “Termination Notice”) together with a copy of this Agreement to Company and Bank, provided that Bank shall have a reasonable time to act on such termination. Lender may assign this Agreement by providing 30 days’ prior written notice of such assignment and assumption together with a copy of this Agreement to Company and Bank. Bank may terminate this Agreement upon 30 days’ prior written notice to Company and Lender. Company may not terminate this Agreement except with the written consent of Lender and upon prior written notice to Bank.
Appears in 1 contract
Samples: Term Loan Agreement (Resource Real Estate Opportunity REIT II, Inc.)
Termination and Assignment of this Agreement. (a) Lender may terminate this Agreement by providing notice substantially in the form of Exhibit C B (the “"Termination Notice”") together with a copy of this Agreement to Company and Bank, provided that Bank shall have a reasonable time to act on such termination. Lender may assign this Agreement by providing 30 days’ ' prior written notice of such assignment and assumption together with a copy of this Agreement to Company and Bank, provided, however, that any such assignment shall only be to an affiliate or wholly-owned subsidiary of Lender. Bank may terminate this Agreement upon 30 days’ ' prior written notice to Company and Lender. Company may not terminate this Agreement except with the written consent of Lender and upon prior written notice to Bank.
Appears in 1 contract