Common use of Termination by Lender Clause in Contracts

Termination by Lender. Subject to Lender’s right to terminate and cease making Advances upon the occurrence and during the continuance of an Event of Default, this Agreement shall continue in full force and effect until the full performance and indefeasible payment in cash of all Obligations (other than indemnity obligations with respect to which no claim has been made), unless terminated sooner as provided in this Section 11.1.

Appears in 6 contracts

Samples: Credit and Security Agreement (Vickers Vantage Corp. I), Credit and Security Agreement (ALKALINE WATER Co INC), Credit and Security Agreement (Interpace Diagnostics Group, Inc.)

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Termination by Lender. Subject to Lender’s right to terminate and cease making Advances upon the occurrence and during the continuance of an Event of Default, this Agreement shall continue in full force and effect until the full performance and indefeasible payment in cash of all Obligations (other than indemnity reimbursement obligations with respect to which no claim has been made), unless terminated sooner as provided in this Section 11.1.

Appears in 1 contract

Samples: Credit and Security Agreement (Fuse Medical, Inc.)

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