Termination of Loan Sample Clauses

Termination of Loan. On the service of a notice under paragraph (a) of Clause 18.2 all other obligations of the Lender to the Borrower under this Agreement, shall terminate.
AutoNDA by SimpleDocs
Termination of Loan. The Loan shall terminate upon the earliest to occur of: (a) the Maturity Date; and (b) an occurrence of an Event of Default and the subsequent termination of the Loan by the Lender in accordance with Section 7.01.
Termination of Loan. (a) Borrower may terminate a loan of any Securities by (i) giving prior notice to Lender no later than 10:30 a.m. New York time on the business day on which Borrower intends to return the Securities to Lender and (ii) delivering such Securities to Lender. (b) In addition to its right to terminate any or all loans pursuant to paragraph 9 hereof, Lender may terminate a loan of any Securities by notice to the Borrower given at anytime. Within three business days after notice of termination from Lender to Borrower (or within one business day if the Securities are Government Securities), the Borrower shall deliver the Securities to Lender, and Lender shall return to Borrower the Collateral or the Letter of Credit less amounts due and owing to Lender pursuant to this Agreement provided that Borrower is not in default under this Agreement. Such return of Securities shall constitute a settlement payment.
Termination of Loan. This Agreement may not be terminated by the Borrower until payment of the Obligation in full.
Termination of Loan. The Term Loan and other Liabilities may, at Agent’s and Lender’s (as applicable) sole option, become immediately due and payable, without presentment of any kind in the event of an Event of Default described in Section 10.1.
Termination of Loan. (a) Borrower may terminate a loan of any Securities by (i) giving prior notice of such termination to Lender no later than 2:00p.m. New York time on the U.S. Business Day next preceding the relevant Specified Country Business Day on which Borrower intends to return the Securities to Lender and (ii) delivering such Securities to Lender. (b) In addition to its right to terminate any or all loans pursuant to paragraph 9 hereof, Lender may terminate a loan of any Securities by giving notice to Borrower on any U.S. Business Day. Any termination date established by any such notice shall be a date no earlier than the standard settlement date for the Securities in the relevant Specified Country, but not later than five Specified Country Business Days after notice of termination from Lender to Borrower (“Termination Date”). On the Termination Date or at the time specified in Borrower’s notice to Lender, pursuant to paragraph 5(a) hereof, Borrower shall deliver the Securities to Lender. (c) As soon as practicable after Lender verifies the redelivery of such Securities to Lender, Lender (following termination of a loan by either Borrower or Lender under this paragraph 5) shall return to Borrower the Collateral or the Letter of Credit less any amounts due and owing to Lender pursuant to this Agreement, provided that Borrower is not in default under this Agreement. Such return of Securities shall constitute a settlement payment.
Termination of Loan. The obligations of the Borrower under this Agreement (except the obligations set forth in Section 2.1 (c), (d) and (e) and Article IV hereof) shall terminate when the Loan is fully paid and retired.
AutoNDA by SimpleDocs
Termination of Loan. Loans will terminate: (i) If a Term Deal, upon redelivery by Borrower of all of the Borrowed Asset at the Maturity Date or sooner; (ii) If a Term Deal prior to the Maturity Date, upon redelivery by Borrower of all of the Borrowed Asset [****], if applicable; (iii) If an Open Deal, upon redelivery by Borrower of all of the Borrowed Asset once the Borrower or Lender exercises the Callable Option; or (iv) At the end of the Term as set forth in this Agreement.
Termination of Loan. Loans will terminate: (i) If a Term Deal, upon redelivery by Borrower of the Digital Currency and/or Dollars at the Maturity Date or sooner; (ii) If a Term Deal prior to the Maturity Date, upon redelivery by Borrower of the Digital Currency and/or Dollars: (1) with the written approval of Lender, in its sole discretion; and (2) subject to Section III (c) below; (iii) If an Open Deal, upon redelivery by Borrower of the Digital Currency and/or Dollars once the Borrower or Lender exercises the Callable Option; or (iv) At the end of the Term as set forth in Section XXIII.
Termination of Loan. The Council may terminate this Loan immediately for cause if the Borrower fails to perform in accordance with the terms and conditions of this Loan. Should the Borrower fail to perform in a manner consistent with the terms and conditions set forth in this Loan, payment under this Loan may be withheld until such time as the Borrower performs its duties and responsibilities. In the event of termination under this section, any and all loan repayments obligation
Draft better contracts in just 5 minutes Get the weekly Law Insider newsletter packed with expert videos, webinars, ebooks, and more!