Common use of Termination by Company without Advance Notice Clause in Contracts

Termination by Company without Advance Notice. If Company fails to deliver Xxxxx Fargo timely notice of its intention to terminate the Line of Credit or reduce the Maximum Line Amount as provided in Section 1.9(a) of this Agreement, Company may nevertheless terminate the Line of Credit or reduce the Maximum Line Amount and pay the Indebtedness in full or down to the reduced Maximum Line Amount if it (i) pays the termination fee set forth in Section 1.7(f) of this Agreement, (ii) pays the Default Rate on the Revolving Note commencing on the 30th day prior to the proposed Termination Date and continuing through the date that Xxxxx Fargo receives delivery of an Authenticated Record giving it actual notice of Company's intention to terminate.

Termination by Company without Advance Notice. If Company fails to deliver Xxxxx Fargo timely notice of its intention to terminate the Line of Credit or reduce the Maximum Line Amount as provided in Section 1.9(a) of this Agreement1.8(a), Company may nevertheless terminate the Line of Credit or reduce the Maximum Line Amount and pay the Indebtedness in full or down to the reduced Maximum Line Amount if it (i) pays the termination fee set forth in Section 1.7(f) of this Agreement1.6(f), and (ii) pays the Default Rate on the Revolving Note commencing on the 30th 90th day prior to the proposed Termination Date and continuing through the date that Xxxxx Fargo receives delivery of an Authenticated Record giving it actual notice of Company's ’s intention to terminate.

Termination by Company without Advance Notice. If Company fails to deliver Xxxxx Fargo timely notice of its intention to terminate the Line of Credit or reduce the Maximum Line Amount as provided in Section 1.9(a) of this Agreement1.8(a), Company may nevertheless terminate the Line of Credit or reduce the Maximum Line Amount and pay the Indebtedness in full or down to the reduced Maximum Line Amount if it (i) pays the termination fee set forth in Section 1.7(f) of this Agreement1.6(f), and (ii) pays the Default Rate on the Revolving Note commencing on the 30th 90th day prior to the proposed Termination Date or reduction date and continuing through the date that Xxxxx Fargo receives delivery of an Authenticated Record giving it actual notice of Company's ’s intention to terminateterminate or reduce the Line of Credit.

Termination by Company without Advance Notice. If Company fails to deliver Xxxxx Wxxxx Fargo timely notice of its intention to terminate the Line of Credit or reduce the Maximum Line Amount as provided in Section 1.9(a) of this Agreement), Company may nevertheless terminate the Line of Credit or reduce the Maximum Line Amount and pay the Indebtedness in full or down to the reduced Maximum Line Amount if it (i) pays the termination fee set forth in Section 1.7(f) of this Agreement), and (ii) pays the Default Rate on the Revolving Note commencing on the 30th 60th day prior to the proposed Termination Date and continuing through the date that Xxxxx Wxxxx Fargo receives delivery of an Authenticated Record giving it actual notice of Company's ’s intention to terminate.