Termination and Prepayment Fees Following Transfer Between Xxxxx Fargo Operating Divisions. If the Loan Documents, following Company’s request and the consent of Xxxxx Fargo Business Credit (which consent may be withheld by Xxxxx Fargo Business Credit in its sole discretion), are transferred to an operating division of Xxxxx Fargo other than Xxxxx Fargo Business Credit, the transfer will not be deemed a termination or prepayment resulting in the payment of termination and/or prepayment fees, or LIBOR Advance breakage fees, provided that Company agrees, at the time of transfer, to the payment of comparable fees in an amount not less than that set forth in this Agreement, in the event that any facilities extended under this Agreement are terminated early or prepaid after the transfer.
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Samples: Credit and Security Agreement (Winnebago Industries Inc), Credit and Security Agreement (Winnebago Industries Inc)
Termination and Prepayment Fees Following Transfer Between Xxxxx Fargo Operating Divisions. If the Loan Documents, following Company’s request and the consent of Xxxxx Fargo Business Credit (which consent may be withheld by Xxxxx Fargo Business Credit in its sole discretion), are transferred to an operating division of Xxxxx Fargo other than Xxxxx Fargo Business CreditCredit on or after the date that is eighteen months after the date of this Agreement, the transfer will not be deemed a termination or prepayment resulting in the payment of termination and/or prepayment fees, or LIBOR Advance breakage fees, provided that Company agrees, at the time of transfer, to the payment of comparable fees in an amount not less than that set forth in this Agreement, in the event that any facilities extended under this Agreement are terminated early or prepaid after the transfer.
Appears in 1 contract
Samples: Credit and Security Agreement (Nortech Systems Inc)
Termination and Prepayment Fees Following Transfer Between Xxxxx Fargo Operating Divisions. If the Loan Documents, following Company’s request and the consent of Xxxxx Fargo Business Credit (which consent may be withheld by Xxxxx Fargo Business Credit in its sole discretion), are transferred to an operating division of Xxxxx Fargo other than Xxxxx Fargo Business Credit, the transfer will not be deemed a termination or prepayment resulting in the payment of termination and/or prepayment fees, or LIBOR Fixed Rate Advance breakage fees, provided that Company agrees, at the time of transfer, to the payment of comparable fees in an amount not less than that set forth in this Agreement, in the event that any facilities extended under this Agreement are terminated early or prepaid after the transfer.
Appears in 1 contract
Samples: Credit and Security Agreement (Pinnacle Data Systems Inc)