Common use of Termination by the Borrower Clause in Contracts

Termination by the Borrower. The Borrower may terminate this Agreement in its entirety by giving at least ten (10) days prior notice of its intention so to do and by payment in full of all obligations hereunder outstanding on the date specified for termination.

Appears in 4 contracts

Samples: Loan Agreement and Security Agreement (Transit Group Inc), Revolving Line of Credit Agreement (Transit Group Inc), Loan Agreement (Transit Group Inc)

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Termination by the Borrower. The Borrower may terminate this Agreement in its entirety by giving at least ten (10) days prior written notice of its intention so to do terminate and by payment in full of all obligations hereunder outstanding on Obligations. Upon the date specified of termination, the Borrower's obligation for terminationthe payment of the fee provided for in Section 2.8 hereof shall terminate.

Appears in 1 contract

Samples: Working Capital Line of Credit Agreement (Horton D R Inc /De/)

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