Termination of Loan Agreement. Upon performance by the Borrower of all of its obligations under this Loan Agreement, including payment in full of the Final Loan Amount, all accrued interest and all fees, charges and other amounts due hereunder, this Loan Agreement will terminate, and DEQ will release its interest in any collateral given as security under this Loan Agreement.
Termination of Loan Agreement. Recovery
Termination of Loan Agreement. Except during the continuance of an Event of Default, the Borrower shall have the option of terminating this Loan Agreement subject to the following conditions:
Termination of Loan Agreement. The obligations of the parties hereunder, excluding those which expressly survive the termination hereof or repayment of the Loan, shall terminate only upon indefeasible repayment in full of the outstanding principal amount of the Loan, together with all interest and other indebtedness due and payable in connection therewith, and all other outstanding Obligations. If the Obligations have been repaid and thereafter such all or any portion of such payment is rescinded or must otherwise be returned or paid over by Agent or any Lender, whether required pursuant to any bankruptcy or insolvency law or otherwise, the Obligations and the obligations of each party under the Loan Documents, shall continue.
Termination of Loan Agreement. (a) This Loan Agreement shall terminate on the Termination Date. The Servicer shall promptly notify the Agent and the Guarantor in writing of any prospective termination pursuant to this Article XIII. Upon termination of this Loan Agreement, the Agent shall notify the Lockbox Bank of the same pursuant to the Account Control Agreement, the Liens in favor of the Agent on the Collateral shall automatically terminate and the Agent shall convey and transfer of all right, title and interest in and to the Solar Loans and other property and funds in the Collateral to the Borrower.
Termination of Loan Agreement. Evidence satisfactory to Purchaser evidencing full satisfaction, discharge and termination of that certain Business Loan Agreement between the Company and WestAmerica Bank.
Termination of Loan Agreement. Each of the Warrantors shall jointly and severally procure that the Company takes all actions and executes all documents necessary or desirable to effect the termination of the Loan Agreement immediately after Closing.
Termination of Loan Agreement. At the Closing, the Selling Shareholder agrees that the principal and interest under the loan agreements entered into between the Selling Shareholder or any of its affiliates on one hand and the Purchaser, the Company or the Principal on the other, and all outstanding amounts due and owing from the Purchaser, the Company or the Principal to the Selling Shareholder or any of its affiliates shall be released and be written-off unconditionally and absolutely and that the loan agreements be terminated with no further obligation on the part of the Purchaser, the Company or the Principal.
Termination of Loan Agreement. Any obligation of the Purchaser to make any loans under the Loan Agreement shall terminate upon the Closing. The Purchaser shall file a Uniform Commercial Code statement to terminate its security interest in collateral for loans under the Loan Agreement.
Termination of Loan Agreement. The loan agreement between the Stockholder and the Company referenced in the Company's Proxy Statement for its 1997 Annual Meeting of Stockholders has been terminated and is of no force or effect and no amounts are owing to the Stockholder or the Company thereunder.
