Common use of Termination by Lender Clause in Contracts

Termination by Lender. Upon at least 90 days prior written notice to Borrower, Lender may terminate this Agreement as of the last day of the Original Term or the then current Renewal Term and Lender may terminate this Agreement without notice upon or after the occurrence of an Event of Default.

Appears in 4 contracts

Samples: Loan and Security Agreement (Zoom Telephonics Inc), Loan and Security Agreement (Denali Inc), Loan and Security Agreement (Union Drilling Inc)

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Termination by Lender. Upon at least 90 ninety (90) days prior written notice to Borrower, Lender may terminate this Agreement as of the last day of the Original Term or the then current Renewal Term and Lender may terminate this Agreement without notice upon or after during the occurrence existence of an Event of Default.

Appears in 2 contracts

Samples: Loan and Security Agreement (Fresh Foods Inc), Loan and Security Agreement (Atlantic Coast Airlines Holdings Inc)

Termination by Lender. Upon at least 90 sixty (60) days prior written notice to Borrower, Lender may terminate this Agreement as of the last day of the Original Term or the then current Renewal Term Term, and Lender may terminate this Agreement without notice upon or after the occurrence of an Event of Default.

Appears in 2 contracts

Samples: Loan and Security Agreement (Meade Instruments Corp), Loan and Security Agreement (Meade Instruments Corp)

Termination by Lender. Upon at least 90 sixty (60) days prior written notice to Borrower, Lender may terminate this Agreement as of the last day of the Original Term or the then current Renewal Term and Lender may terminate this Agreement without notice upon or after the occurrence of an Event of Default.

Appears in 2 contracts

Samples: Loan and Security Agreement (Advanced Technical Products Inc), Loan and Security Agreement (Advanced Technical Products Inc)

Termination by Lender. Upon at least 90 ninety (90) days prior written notice to Borrower, Lender may terminate this Agreement as of the last day of the Original Term or the then current Renewal Term and Lender may terminate this Agreement without notice upon or after the occurrence of an Event of Default.

Appears in 2 contracts

Samples: Loan and Security Agreement (Media Sciences International Inc), Loan and Security Agreement (Atlantic Coast Airlines Inc)

Termination by Lender. Upon at least 90 thirty (30) days prior written notice to BorrowerBorrowers, Lender may terminate this Agreement as of the last day of the Original Term or the then current Renewal Term and Lender may terminate this Agreement without notice upon or after the occurrence and during the continuance of an Event of Default.

Appears in 1 contract

Samples: Loan and Security Agreement (United Industrial Corp /De/)

Termination by Lender. Upon at least 90 days prior written notice to BorrowerBorrowers, Lender may terminate this Agreement as of the last day of the Original Term or the then current Renewal Term and Lender may terminate this Agreement without notice upon or after the occurrence occurrence, and during the continuance, of an Event of Default.

Appears in 1 contract

Samples: Loan and Security Agreement (Mothers Work Inc)

Termination by Lender. Upon at least 90 sixty (60) days prior written notice to Borrowernotxxx xx Borrowers, Lender may terminate this Agreement as of the last day thx xxxx xxy of the Original Term or the then current Renewal Term and Lender may terminate this Agreement without notice upon or after the occurrence occurrence, and during the continuance, of an Event of Default.

Appears in 1 contract

Samples: Loan and Security Agreement (Open Plan Systems Inc)

Termination by Lender. Upon at least 90 days prior written notice to BorrowerBorrowers, Lender may terminate this Agreement as of the last day of the Original Term or the then current Renewal Term and Lender may terminate this Agreement without notice upon or after the occurrence of an Event of Default.

Appears in 1 contract

Samples: Loan and Security Agreement (Tmci Electronics Inc)

Termination by Lender. Upon at least 90 sixty (60) days prior ----------------------- written notice to Borrower, Lender may terminate this Agreement as of the last day of the Original Term or the then current Renewal Term and Lender may terminate this Agreement without notice upon or after the occurrence of an Event of Default.

Appears in 1 contract

Samples: Loan and Security Agreement (Seranova Inc)

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Termination by Lender. Upon at least 90 days prior written notice to Borrower, Lender may terminate this Agreement as of the last day of the Original Term or the then current Renewal Term and Lender may terminate this Agreement without notice upon or after during the occurrence continuation of an Event of Default.

Appears in 1 contract

Samples: Loan and Security Agreement (Eagle Pacific Industries Inc/Mn)

Termination by Lender. Upon at least 90 30 days prior written notice to Borrower, Lender may terminate this Agreement as of the last day of the Original Term or the then current Renewal Term and Lender may terminate this Agreement without notice upon or after the occurrence of an Event of Default.

Appears in 1 contract

Samples: Loan and Security Agreement (Financial Performance Corp)

Termination by Lender. Upon at least 90 ninety (90) days prior written notice to Borrower, Lender may terminate this Agreement as of the last day of the Original Term or the then current Renewal Term and Lender may terminate this Agreement without notice upon or after the occurrence of an Event of Default.

Appears in 1 contract

Samples: Loan and Security Agreement (Joule Inc)

Termination by Lender. Upon at least 90 days prior written notice to Borrower, Lender may terminate this Agreement as of the last day of the Original Term or the then current Renewal Term Term, and Lender may terminate this Agreement without notice upon or after the occurrence and during the continuation of an Event of Default.

Appears in 1 contract

Samples: Loan and Security Agreement (Peregrine Real Estate Trust)

Termination by Lender. Upon at least 90 days prior written notice to Borrower, Lender may terminate this Agreement as of the last day of the Original Term or the then current Renewal Term and Lender may terminate this Agreement without notice upon or after the occurrence occurrence, and during the continuance, of an Event of Default.

Appears in 1 contract

Samples: Loan and Security Agreement (Electronics Boutique Holdings Corp)

Termination by Lender. Upon at least 90 days prior written notice to BorrowerBorrowers, Lender may terminate this Agreement as of the last day of the Original Term or the then current Renewal Term and Lender may terminate this Agreement without notice upon or after during the occurrence continuation of an Event of Default.

Appears in 1 contract

Samples: Loan and Security Agreement (Eagle Pacific Industries Inc/Mn)

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