Termination of Advances. Terminate the making of Advances.
Termination of Advances. At the option of the Lender, monthly advances shall not be made unless: (a) the Loan Documents are in full force and effect; and (b) an Event of Default does not exist and would not exist but for the giving of notice or the passage of time under the terms of the Loan Documents.
Termination of Advances. At the option of Lender, Loan advances shall not be made under the Note unless (i) this Agreement, the Note and the other Loan Documents are in full force and effect, and (ii) an Event of Default does not exist under the terms of this Agreement, the Note or any of the other Loan Documents.
Termination of Advances. If any one or more of the Events of Default specified in subsection 8.1(e) or subsection 8.1(f) shall occur, any unused portion of the Loans hereunder shall forthwith immediately and automatically terminate and the Lender shall be relieved of all further obligations to make Loans to any Borrower. If any other Event of Default shall have occurred and be continuing, the Lender may, by notice to the Borrowers, terminate the unused portion of the Loans hereunder, and upon such notice being given such unused portion of the Loans hereunder shall terminate immediately and the Lender shall be relieved of all further obligations to make Loans. No termination of the Loans hereunder shall relieve any Borrower of any of the Obligations.
Termination of Advances. Upon the occurrence of any Event of Default or Default that, with the giving of notice, passage of time, or both, shall constitute an Event of Default, Lender may, without notice, terminate this facility with respect to further Advances under the Revolving Credit Loan, in which event Lender shall have no further obligation to make Advances as long as said Event of Default or Default shall continue.
Termination of Advances. The Lender will have no obligation to make any advances under the Working Capital Note if a Default has occurred hereunder or under any of the Loan Documents.
Termination of Advances. Notwithstanding anything in this Agreement to the contrary, the Borrower shall have no right to obtain from the Banks, and the Banks shall have no obligation to lend to Borrower, any additional sums under this Agreement after the Advance Termination Date.
Termination of Advances. (a) If, within one year from the date hereof, the Borrower has not complied with all conditions precedent to the first advance of funds on account of the Loan, including the submission of a requisition therefor in compliance with section 2.2 hereof, the Administrator may, at any time or times thereafter, request the Borrower in writing to advise the Administrator whether the Borrower will be able to comply with such conditions and, if so, to submit evidence to the Administrator, within thirty days, of the Borrower's need for additional time for compliance with such conditions. Upon consideration of such evidence, if any, and all other relevant circumstances, the Administrator may, in his discretion, by written notice to the Borrower, terminate any obligation of the Government to advance any funds on account of the Loan to the Borrower, and such action by the Administrator shall be conclusive.
(b) If, within three years from the date hereof, or, in case this agreement is amended to provide for an increase int he amount of the Loan, then within three years from the date of the latest such amendment, the Borrower has not complied with all conditions precedent to the advance of the maximum amount of the Loan, including the submission of requisitions therefor in compliance with section 2.2 hereof, the Administrator may, at any time or times thereafter, request the Borrower in writing to advise the Administrator whether the Borrower will require any further advances on account of the Loan and, if so, to submit evidence to the Administrator, within thirty days, of the Borrower's need for additional time for compliance with such conditions. Upon consideration of such evidence, if any, and all other relevant circumstances, the Administrator may, in his discretion, by written notice to the Borrower, terminate any obligation of the Government to advance funds on account of the Loan not previously advanced to the Borrower, and such action by the Administrator must be conclusive.
Termination of Advances. Upon the occurrence of any Event of Default or Default, the Bank may refuse to make any further Advances under the Facility and the Bank shall have no further obligation to make Advances as long as said Event of Default or Default shall continue uncured or unwaived. In the event that the Bank elects to terminate the making of Advances as provided herein, the Bank shall give written notice of such election to Borrower, but the failure of the Bank to give such notice or of the Borrower to receive such notice shall in no way obligate the Bank to continue making Advances after the occurrence of an Event of Default.
Termination of Advances. If, within two years from the date hereof, or, in case this agreement is amended to provide for an increase in the amount of the Loan, then within two years from the date of the latest such amendment, the Borrower has not complied with all conditions precedent to the advance of the maximum amount of the Loan, including the submission of requisitions therefor in compliance with section 2.2 of Article II hereof, the Administrator may, at any time or times thereafter, request the Borrower in writing to advise the Administrator whether the Borrower will require any further advances on account of the Loan and if so, to submit evidence to the Administrator, within thirty days, of the Borrower's need for additional time for compliance with such conditions. Upon consideration of such evidence, if any, and all other relevant circumstances, the Administrator may, in his discretion, by written notice to the Borrower, terminate any obligation to advance all or any part of the funds on account of the Loan not previously advanced to the Borrower, and such action by the Administrator shall be conclusive.
