TERMINATION AND PREPAYMENT. Section 8.1 Option to Terminate 18 Section 8.2 Option to Prepay Loan 18 Section 8.3 Obligation to Prepay Loan 18 Section 8.4 Notice of Prepayment 19 Section 8.5 Prepayment Price 19 Section 8.6 Relative Position of this Article and Indenture 19 Section 8.7 Concurrent Discharge of Note 19 ARTICLE IX
TERMINATION AND PREPAYMENT. The Company shall have the option at all times to permanently terminate the unused portion of the Revolving Loan, in whole or in part, by providing to the Administrative Agent one Business Days' prior written notice of the effective date and amount of such termination. The Company shall have the option at all times to prepay the Term Loan and the Second Term Loan, in whole or in part, by providing to the Administrative Agent one Business Days' prior written notice of the effective date and amount of such prepayment, all such amounts to be applied first to principal payments under the Second Term Notes, until paid, and then to principal payments under the Term Notes.
TERMINATION AND PREPAYMENT. 13 2.14 FEES...........................................................13 2.15 FEE FOR SUB-FACILITY LETTERS OF CREDIT.........................14 2.16
TERMINATION AND PREPAYMENT. Section 11.01 Termination........................................ 83 Section 11.02 Optional Prepayment................................ 83 ARTICLE XII
TERMINATION AND PREPAYMENT. 31 Section 8.1. Option to Terminate........................................................... 31 Section 8.2. Option to Prepay Loan......................................................... 31 Section 8.3. Obligation to Prepay Loan..................................................... 32 Section 8.4. Notice of Prepayment.......................................................... 32 Section 8.5. Prepayment Price.............................................................. 32
TERMINATION AND PREPAYMENT. 14 2.14 Fees.............................................................................................14 2.15 Fee for Sub-Facility Letters of Credit...........................................................15 2.16
TERMINATION AND PREPAYMENT. 5.1. You may terminate the Financing Agreement at any time for your convenience prior to the expiration of the Term provided the following conditions are met:
TERMINATION AND PREPAYMENT. If the Borrower terminates this Agreement prior to the second anniversary of the Agreement Date, the Borrower shall pay to the Agent, for the ratable benefit of the Lenders, on such date of termination, as liquidated damages and compensation for the costs of making funds available to the Borrower under this Agreement, and not as a penalty, an amount equal to (i) 2% of the sum of the maximum amount of the Revolving Credit Facility plus the outstanding principal balance of the Term Loan at the time of termination if such termination occurs on or prior to the first anniversary of the Agreement Date, and (ii) 1% of the sum of the maximum amount of the Revolving Credit Facility plus the outstanding principal balance of the Term Loan at the time of termination if such termination occurs after the first anniversary of the Agreement Date but on or prior to the second anniversary of the Agreement Date; provided, however, if this Agreement is terminated after the first anniversary of the Agreement Date but on or prior to the second anniversary of the Agreement Date in connection with the purchase (whether through stock purchase, asset purchase, merger or consolidation) of the Borrower by a strategic buyer, such early termination fee shall equal 1/2% of the sum of the maximum amount of the Revolving Credit Facility plus the outstanding principal balance of the Term Loan at the time of termination.
TERMINATION AND PREPAYMENT. 10 2.14 Fees...........................................................................................11 2.15 Calculation of LIBOR Margin and Commitment Fee.................................................11 2.16
TERMINATION AND PREPAYMENT. The Company shall have the option at all times to permanently terminate the unused portion of the Revolving Loan, in whole or in part, by providing to the Administrative Agent three Business Days' prior written notice of the effective date and amount of such termination; provided, however, that each partial termination of an unused portion of the Revolving Loan shall be in a minimum amount of $1,000,000.00 or in a multiple of $500,000.00 in excess thereof. The Company shall have the option at all times to prepay the Term Loan, in whole or in part, by providing to the Administrative Agent three Business Days' prior written notice of the effective date and amount of such prepayment; provided, however, that each partial prepayment of the Term Loan shall be in a minimum amount of $1,000,000.00 or in a multiple of $1,000,000.00, all such amounts to be applied to scheduled principal payments under the Term Note in inverse order of maturity. In addition, on the effective date of any such termination of all or any portion of the Revolving Loan or any such prepayment of all or any portion of the Term Loan, the Company shall pay to the Administrative Agent and the Banks all sums required under Sections 2.7, 2.10 and 2.11 of this Agreement.
