Termination of Revolving Commitment. On the Maturity Date, the Revolving Commitment shall be cancelled automatically. Upon such cancellation, the Revolving Advances (together with all other Lender Debt) shall become, without further action by any Person, immediately due and payable together with all accrued interest thereon to such date plus any fees, premiums, charges or costs provided for hereunder.
Termination of Revolving Commitment. The Revolving Commitment shall be effective until, and shall terminate on, June 12, 2011 unless sooner terminated by Borrowers or otherwise (the “Term”). Upon expiration of the Term or earlier termination of the Revolving Commitment, including pursuant to Section 9.1 (the “Termination Date”), all of the Liabilities shall become immediately due and payable without notice or demand. Notwithstanding any termination, until all of the Liabilities shall have been fully paid and satisfied, the Revolving Commitment has been terminated, and all of the Letters of Credit shall have expired, been canceled, terminated or fully cash collateralized (in amounts, on terms and subject to agreements satisfactory to Bank in its discretion) and all Financing Agreements shall have been terminated, all of Bank’s rights and remedies under this Agreement and the other Financing Agreements shall survive and Bank shall be entitled to retain its Liens on and to all existing and future Collateral. All of Bank’s rights and remedies under this Agreement and all of Bank’s Liens shall survive such termination until all of the Liabilities have been fully paid and satisfied (including the termination, expiration or full cash collateralization (in amounts, on terms and subject to agreements satisfactory to Bank in its discretion) of all Liabilities in connection with Letters of Credit, the presentment of all drafts issued or accepted thereunder and the termination or expiration of all Rate Contracts with Bank and its Affiliates) and all Financing Agreements shall have been terminated.
Termination of Revolving Commitment. (a) Borrower shall have the right to terminate the Aggregate Revolving Commitment at any time.
(a) On the Maturity Date, the Aggregate Revolving Commitment shall automatically reduce to zero.
(b) Upon any termination of the Aggregate Revolving Commitment pursuant to this Section 2.9, Borrower shall immediately make a prepayment of the Revolving Loan in accordance with Section 2.4 unless otherwise mutually agreed upon by Borrower and Banks. Borrower shall not have any right to rescind any termination. Once terminated, the Aggregate Revolving Commitment may not be reinstated.
Termination of Revolving Commitment. The outstanding Revolving Commitment shall automatically terminate at 5:00 p.m., New York City time on last Business Day of the Availability Period. Borrower shall have the right at any time or from time to time (without premium or penalty) to terminate in whole (but not in part) the outstanding Revolving Commitment by providing written notice thereof to the Lender. In addition, the Revolving Commitment shall be automatically permanently reduced by the amount of mandatory prepayment made, or which would be required to be made if Revolving Loans in the amount of the Revolving Commitment then in effect were outstanding, pursuant to Section 2.04(b) in respect thereof from time to time. Once terminated or reduced, the Revolving Commitment may not be reinstated.
Termination of Revolving Commitment. Unless previously terminated, the Revolving Commitment shall terminate on the Revolving Loan Maturity Date. Borrower may at any time terminate the Revolving Commitment upon (a) the payment in full of all outstanding Revolving Loans, together with accrued and unpaid interest thereon, (b) the payment in full of the accrued and unpaid fees (including, without limitation, the fees set forth in Section 2.7), and (c) the payment in full of all reimbursable expenses and other Obligations together with accrued and unpaid interest thereon. Any termination of the Revolving Commitment shall be permanent, and subject to the satisfaction of the terms in Section 2.6.6 and Section 2.7.
Termination of Revolving Commitment. On the Maturity Date, the Revolving Commitment shall be canceled automatically and the Revolving Loan shall become due and payable in full. In addition, prior to the Maturity Date, the Borrowers may terminate the Revolving Commitment pursuant to Section 6.07(c). Upon such cancellation, the Revolving Loan (together with all other Lender Debt) shall become, without further action by any Person, immediately due and payable together with all accrued interest thereon and any fees (including without limitation, the Early Termination Fee), premiums, charges or costs provided for hereunder with respect thereto.
Termination of Revolving Commitment. (a) The Revolving Commitment shall terminate no later than the Revolving Credit Termination Date, and any Loans then outstanding (together with accrued interest thereon) shall be due and payable in full on such date.
(b) The Borrower shall have the right upon payment in full of the Obligations and the cancellation of all outstanding Letters of Credit, to cancel in full (but not in part) the Revolving Commitment, with no right of reinstatement.
Termination of Revolving Commitment. The Revolving Commitment is available between the date of this Agreement and the Commitment Termination Date or such earlier date as the availability may terminate as provided for in this Agreement.
Termination of Revolving Commitment. A new Section 2.1(g) is hereby added to the Credit Agreement which reads as follows:
Termination of Revolving Commitment. Notwithstanding any contrary provision of the Loan Agreement, the Revolving Note or any other Loan Document, the Revolving Commitment is hereby terminated and Lender hereinafter shall have no further obligation to make Revolving Loans or any further loans or advances of any kind to Borrower. Borrower and Lender acknowledge and agree that, as of the date of this Amendment, the aggregate outstanding principal balance of the Revolving Loans evidenced by the Revolving Note is $2,999,598.60.
