Termination by Borrower. (a) Upon at least 90 days prior written notice to Agent, Borrower may, at its option, terminate this Agreement; provided, however, no such termination shall be effective until Borrower has paid all of the Obligations in immediately available funds and all Letters of Credit and LC Guaranties have expired or have been cash collateralized to Agent's satisfaction. Any notice of termination given by Borrower shall be irrevocable unless Required Lenders otherwise agree in writing, and Lenders shall have 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 any such termination notice given pursuant to this Section 4.2.2 or pursuant to Section 4.2.1 above 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. The Term Loans, the Bridge Term Loan and the Revolving Credit Loans may be prepaid in whole or in part at any time, without penalty or premium, except as otherwise provided in Section 2.1.1(B)." 11 Year 2000. The following is inserted into the Loan Agreement as Section 8.1.6: * * *
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Termination by Borrower. (a) Upon at least 90 days prior written notice to Agent, Borrower may, at its option, terminate this Agreement; provided, however, no such termination shall be effective until Borrower has paid all of the Obligations in immediately available funds and all Letters of Credit and LC Guaranties have expired or have been cash collateralized to Agent's satisfaction. Any notice of termination given by Borrower shall be irrevocable unless Required Lenders otherwise agree in writing, and Lenders shall have 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 any such termination notice given pursuant to this Section 4.2.2 or pursuant to Section 4.2.1 above 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. The Term Acquisition Loans, the Bridge Acquisition Term Loan Loans and the Revolving Credit Loans may be prepaid in whole or in part at any time, without penalty or premium, except as otherwise provided in Section 2.1.1(B)." 11 Year 2000. The following is inserted into the Loan Agreement as Section 8.1.6: * * *
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Termination by Borrower. (a) Upon at least 90 sixty (60) days prior written notice to AgentLender, Borrower may, at its option, terminate this Agreement; providedPROVIDED, howeverHOWEVER, no such termination shall be effective until Borrower has paid all of the Obligations in immediately available funds and all Letters of Credit and LC Guaranties have expired or have been cash collateralized to AgentLender's satisfaction. Any notice of termination given by Borrower shall be irrevocable unless Required Lenders Lender otherwise agree agrees in writing, and Lenders Lender shall have 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 any such termination notice given pursuant to this Section 4.2.2 or pursuant to Section 4.2.1 above in such notice. Except as specifically provided in SECTION 4.2.3 below (with respect to prepayment of the Term Loan), Borrower may elect to terminate this Agreement in its entirety only. No Except as specifically provided in SECTION 4.2.3 below (with respect to prepayment of the Term Loan), no section of this Agreement or type of Loan available hereunder may be terminated singly. The Term Loans, the Bridge Term Loan and the Revolving Credit Loans may be prepaid in whole or in part at any time, without penalty or premium, except as otherwise provided in Section 2.1.1(B)." 11 Year 2000. The following is inserted into the Loan Agreement as Section 8.1.6: * * *
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Samples: Loan and Security Agreement (Advanced Technical Products Inc)
Termination by Borrower. (a) Upon at least 90 days prior written notice to AgentLender, Borrower Borrowers may, at its their option, terminate this Agreement; provided, however, no such termination shall be effective until Borrower has Borrowers have paid all of the Obligations in immediately available funds and all Letters of Credit and LC Guaranties have expired or have been cash collateralized to AgentLender's satisfactionsatisfaction (or in lieu thereof Lender has received a back to back letter of credit, in form and substance and from an issuer acceptable to Lender, in an amount equal to 110% of the aggregate of all outstanding Letters of Credit and LC Guaranties). Any notice of termination given by Borrower Borrowers shall be irrevocable unless Required Lenders Lender otherwise agree agrees in writing, and Lenders Lender shall have 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 any such termination notice given pursuant to this Section 4.2.2 or pursuant to Section 4.2.1 above in such notice. Borrower Borrowers may elect to terminate this Agreement in its entirety only. No only and no section of this Agreement or type of Loan available hereunder may be terminated singly. The Term Loans, the Bridge Term Loan and the Revolving Credit Loans may be prepaid in whole or in part at any time, without penalty or premium, except as otherwise provided in Section 2.1.1(B)." 11 Year 2000. The following is inserted into the Loan Agreement as Section 8.1.6: * * *
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