Common use of Termination of Revolving Loan Commitment Clause in Contracts

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.

Termination of Revolving Loan Commitment. (i) Borrower Borrowers may at any time on at least 10 ten (10) days’ ' prior written notice to Lender terminate the Revolving Loan Commitment; provided that, upon such termination, all Revolving Loan Advances and other Obligations accrued and unpaid interest thereon 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 Lenderfull. Upon any such termination of the Revolving Loan Commitment, Borrower’s Borrowers' right to request Revolving Credit Advances, or request that Letter of Credit Obligations be incurred on its behalf, Loan Advances shall simultaneously be permanently terminated.