Common use of Termination by Borrower Clause in Contracts

Termination by Borrower. Upon at least 90 days prior written notice to Agent and Lenders, Borrower may, at its option, on its own behalf and on behalf of each other Co-Borrower, terminate this Agreement; provided, however, no such termination shall be effective until Co-Borrowers have paid or collateralized to Agent’s satisfaction all of the Obligations in immediately available funds, all Letters of Credit and LC Guaranties have expired, terminated or have been cash collateralized to Agent’s satisfaction and Co-Borrowers have complied with Section 2.6 and subsection 3.2.5. Any notice of termination given by Borrower shall be irrevocable unless all Lenders otherwise agree in writing and no Lender shall have any obligation to make any Loans or issue or procure any Letters of Credit or LC Guaranties on or after the termination date stated in such notice. Borrower may elect to terminate this Agreement in its entirety only. No section of this Agreement or type of Loan available hereunder may be terminated singly.

Termination by Borrower. Upon at least 90 days three (3) days' prior written notice to Agent and Lenders, Borrower Borrowers may, at its their option, on its own behalf and on behalf of each other Co-Borrower, terminate this Agreement; provided, however, no such termination shall be effective until Co-Borrowers have paid or collateralized to Agent’s satisfaction all of the Obligations in immediately available funds, funds and all Letters of Credit and LC Guaranties have expired, terminated or have been cash collateralized to Agent’s 's satisfaction and Co-Borrowers have complied with Section 2.6 and subsection 3.2.5. Any notice of termination given by Borrower VEI, on behalf of all Borrowers, shall be irrevocable unless all Majority Lenders and Agent otherwise agree in writing writing, and no Lender Agent and Lenders shall have any no obligation to make any Loans or issue or procure any Letters of Credit or LC Guaranties on or after the termination date stated in such notice. Borrower Borrowers may elect to terminate this Agreement in its entirety only. No section of this Agreement or type of Loan available hereunder may be terminated singly.

Termination by Borrower. Upon at least 90 days three (3) days' prior ----------------------- written notice to Agent and Lenders, Borrower Borrowers may, at its their option, on its own behalf and on behalf of each other Co-Borrower, terminate this Agreement; provided, however, no such termination shall be effective until Co--------- ------- Borrowers have paid or collateralized to Agent’s satisfaction all of the Obligations in immediately available funds, funds and all Letters of Credit and LC Guaranties have expired, terminated or have been cash collateralized to Agent’s 's satisfaction and Co-Borrowers have complied with Section 2.6 and subsection 3.2.5. Any notice of termination given by Borrower VEI, on behalf of all Borrowers, shall be irrevocable unless all Majority Lenders and Agent otherwise agree in writing writing, and no Lender Agent and Lenders shall have any no obligation to make any Loans or issue or procure any Letters of Credit or LC Guaranties on or after the termination date stated in such notice. Borrower Borrowers may elect to terminate this Agreement in its entirety only. No section of this Agreement or type of Loan available hereunder may be terminated singly.

Termination by Borrower. Upon at least 90 thirty (30) days prior written notice to Agent and LendersAgent, Borrower may, at its option, on its own behalf and on behalf of each other Co-Borrower, terminate this Agreement; provided, however, no such termination shall be effective until Co-Borrowers have Borrower has paid or collateralized to Agent’s satisfaction all of all monetary Obligations arising hereunder or under any of the Obligations other Loan Documents (other than contingent claims with respect to indemnification obligations) in immediately available funds, funds and all Letters of Credit and LC Guaranties have expired, terminated expired or have been cash collateralized or back-to-back letters of credit have been provided to Agent’s satisfaction and Co-Borrowers have complied with Section 2.6 and subsection 3.2.5satisfaction. Any notice of termination given by Borrower shall be irrevocable unless all Required Lenders and Agent otherwise agree in writing writing, and no Lender Agent and Lenders shall have any no obligation to make any Loans or issue or procure any Letters of Credit or LC Guaranties on or after the termination date stated in such notice. Borrower may elect to terminate this Agreement in its entirety only. No section of this Agreement or type of Loan available hereunder may be terminated singly.

Termination by Borrower. Upon at least 90 days prior written notice to Agent and Lenders, Borrower may, at its option, on its own behalf and on behalf of each other Co-Borrower, terminate this Agreement; provided, however, however no such termination shall be effective until Co-Borrowers have paid or collateralized to Agent’s satisfaction all of the Obligations in immediately available funds, all Letters of Credit and LC Guaranties have expired, terminated or have been cash collateralized to Agent’s satisfaction and Co-Borrowers have complied with Section 2.6 and subsection 3.2.5. Any notice of termination given by Borrower shall be irrevocable unless all Lenders otherwise agree in writing and no Lender shall have any obligation to make any Loans or issue or procure any Letters of Credit or LC Guaranties on or after the termination date stated in such notice. Borrower may elect to terminate this Agreement in its entirety only. No section of this Agreement or type of Loan available hereunder may be terminated singly.

Termination by Borrower. Upon at least 90 days prior written notice to Agent and Lenders, Borrower Borrowers may, at its their option, on its own behalf and on behalf of each other Co-Borrower, terminate this Agreement; provided, however, no such termination shall be effective until Co-Borrowers have paid or collateralized to Agent’s 's satisfaction all of the Obligations in immediately available funds, all Letters of Credit and LC Guaranties have expired, terminated or have been cash collateralized to Agent’s 's satisfaction and Co-Borrowers have complied with Section 2.6 Sections 2.3(ii) and subsection 3.2.52.7. Any notice of termination given by Borrower Borrowers shall be irrevocable unless all Lenders otherwise agree in writing and no writing. No Lender shall have any obligation to make any Loans or issue or procure any Letters of Credit or LC Guaranties on or after the termination date stated in such notice. Borrower Borrowers may elect to terminate this Agreement in its entirety only. No section of this Agreement or type of Loan available hereunder may be terminated singly.