Termination of Revolving Loan Commitment. The Borrower may terminate the unused amount of the Revolving Loan Commitment of a Defaulting Lender upon not less than three (3) Business Days’ prior notice to the Administrative Agent (which will promptly notify the Lenders thereof), and in such event the provisions of clause (ii) above will apply to all amounts thereafter paid by the Borrower for the account of such Defaulting Lender under this Agreement (whether on account of principal, interest, fees, indemnity or other amounts); provided that (i) no Event of Default shall have occurred and be continuing and (ii) such termination will not be deemed to be a waiver or release of any claim the Borrower, the Administrative Agent, the L/C Issuer, the Swing Line Lender or any Lender may have against such Defaulting Lender.
Termination of Revolving Loan Commitment. (i) Borrower may at any time on at least 10 days’ prior written notice to Lender terminate the Revolving Loan Commitment; provided that, upon such termination, all Advances and other Obligations shall be immediately due and payable in full and all Letter of Credit Obligations shall be cash collateralized or otherwise satisfied in accordance with Annex A. Any voluntary termination of the Revolving Loan Commitment must be accompanied by payment of any Tranche Rate funding breakage costs in accordance with Section 2.5(c). Upon any such termination of the Revolving Loan Commitment, Xxxxxxxx’s right to request Revolving Credit Advances, or request that Letter of Credit Obligations be incurred on its behalf, shall simultaneously be permanently terminated.
(ii) All of the Obligations shall, if not sooner paid or required to be paid pursuant to this Agreement or any other Loan Document, be due and payable in full on the Commitment Termination Date.
Termination of Revolving Loan Commitment. On the date on which the Revolving Loan Commitment terminates pursuant to Section 11.2 hereof, all Loans and other Liabilities shall become immediately due and payable, without presentment, demand or notice of any kind.
Termination of Revolving Loan Commitment. (i) Borrower may at any time on at least 10 days’ prior written notice to Lender terminate the Revolving Loan Commitment; provided that, upon such termination, all Advances and other Obligations shall be immediately due and payable in full and all Letter of Credit Obligations shall be cash collateralized or otherwise satisfied on terms and conditions acceptable to Lender. Upon any such termination of the Revolving Loan Commitment, Borrower’s right to request Revolving Credit Advances, or request that Letter of Credit Obligations be incurred on its behalf, shall simultaneously be permanently terminated.
(ii) All of the Obligations shall, if not sooner paid or required to be paid pursuant to this Agreement or any other Loan Document, be due and payable in full on the Commitment Termination Date.
Termination of Revolving Loan Commitment. Borrowers may at any time on at least ten (10) days' prior written notice to Lender terminate the Revolving Loan Commitment; provided that, upon such termination, all Revolving Loan Advances and accrued and unpaid interest thereon shall be immediately due and payable in full. Upon any such termination of the Revolving Loan Commitment, Borrowers' right to request Revolving Loan Advances shall simultaneously be permanently terminated.
Termination of Revolving Loan Commitment. The Borrower may, at any time, upon not less than three (3) Business Days prior written notice to Lender, reduce the Revolving Loan Commitment, with any such reduction in a minimum amount of $1,000,000, or, if more, in an integral multiple of thereof; provided, however, that the Borrower may not at any time reduce the Revolving Loan Commitment below the Total Outstandings. The Borrower may, at any time, upon not less than three (3) Business Days prior written notice to Lender, terminate the Revolving Loan Commitment in its entirety. Upon termination of the Revolving Loan Commitment pursuant to this Section, the Borrower shall pay to Lender the full amount of all outstanding Advances under the Loans, all accrued and unpaid interest thereon, all unpaid fees, if any, accrued to the date of such termination, and all other unpaid Obligations to Lender under the Loan Documents or with respect to any outstanding Letters of Credit, and provide cash collateral in form and substance acceptable to Lender.
Termination of Revolving Loan Commitment. (a) The Lender's commitment to fund additional Borrowings hereunder (and the Revolving Loan Commitment) shall terminate on the Expiration Date.
(b) Subject to payment in full of the amounts due under the Revolving Loan, the Borrower may, by giving the Lender not less than five (5) Business Days prior written notice, terminate the Revolving Loan Commitment (in whole but not in part).
Termination of Revolving Loan Commitment. The Borrower may terminate the Revolving Loan Commitment in its entirety (but not in part) upon thirty (30) calendar days' notice to the Bank stating an intention so to terminate and by paying to the Bank all outstanding Obligations. Commencing as of the receipt such notice, the fee otherwise payable pursuant to Section 2.4 shall cease to accrue.
Termination of Revolving Loan Commitment. The Revolving Loan Commitment may be terminated by Borrower at any time upon written notice to Lender accompanied by payment in full of the outstanding principal balance and accrued interest on the Revolving Note and any accrued and unpaid fees. Upon receipt of such notice and payment, Lender's obligations to make Advances hereunder shall terminate. Lender may terminate the Revolving Loan Commitment upon the occurrence of an Event of Default. In any event the Lender's Revolving Loan Commitment shall automatically expire on the Maturity Date.
Termination of Revolving Loan Commitment
