Common use of Termination Prior to Maturity Date; Survival Clause in Contracts

Termination Prior to Maturity Date; Survival. All covenants, representations and warranties made in this Agreement shall continue in full force until this Agreement has terminated pursuant to its terms and all Obligations (other than inchoate indemnity obligations and any other obligations which, by their express terms, are to survive the termination of this Agreement and the repayment of all Obligations) have been satisfied. So long as Borrowers have satisfied the Obligations (other than inchoate indemnity obligations, and any other obligations which, by their express terms, are to survive the termination of this Agreement and the repayment of all Obligations, and any Obligations under Bank Services Agreements that are cash collateralized in accordance with Section 3.3 of this Agreement), this Agreement may be terminated prior to the Revolving Line Maturity Date by Borrowers, effective three (3) Business Days after written notice of termination is given to Bank. All notices of termination shall be irrevocable; provided, however, that any such notice may state that it is conditioned upon the occurrence or non- occurrence of any event specified therein, in which case such notice may be revoked by the Lead Borrower (by written notice to Bank on or prior to the specified effective date) if such condition is not satisfied. Those obligations that are expressly specified in this Agreement as surviving this Agreement’s termination and the repayment of all Obligations shall continue to survive notwithstanding this Agreement’s termination and the repayment of all Obligations. 11.2

Appears in 1 contract

Samples: Loan and Security Agreement (Outbrain Inc.)

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Termination Prior to Maturity Date; Survival. All covenants, representations and warranties made in this Agreement shall continue in full force until this Agreement has terminated pursuant to its terms and all Obligations (other than inchoate indemnity obligations and any other obligations which, by their express terms, are to survive the termination of this Agreement and the repayment of all Obligations) have been satisfiedTermination Date shall occur. So long as Borrowers have Borrower has satisfied the Obligations (other than inchoate indemnity obligationscontingent indemnification and expense reimbursement claims not then due and payable, and any other obligations which, by their express terms, are to survive the termination of this Agreement and the repayment of all Obligations, and any Obligations under Bank Services Agreements that are cash collateralized in accordance with Section 3.3 of this Agreement), this Agreement may be terminated prior to the Revolving Line Maturity Date by BorrowersBorrower, effective three (3) Business Days after written notice of termination is given to Bank. All notices of termination shall be irrevocable; provided, however, that any such notice may state that it is conditioned upon Agent and the occurrence or non- occurrence of any event specified therein, in which case such notice may be revoked by the Lead Borrower (by written notice to Bank on or prior to the specified effective date) if such condition is not satisfiedLenders. Those obligations that are expressly specified in this Agreement as surviving this Agreement’s termination shall continue to survive notwithstanding this Agreement’s termination. No termination of this Agreement shall in any way affect or impair any right or remedy of Agent or any Lender, nor shall any such termination relieve Borrower of any Obligation to any Lender, until all of the Obligations have been paid and the repayment of all performed in full. Those Obligations that are expressly specified in this Agreement as surviving this Agreement’s termination shall continue to survive notwithstanding this Agreement’s termination and payment in full of the repayment of all Obligations. 11.2Obligations then outstanding.

Appears in 1 contract

Samples: Loan Agreement (Terawulf Inc.)

Termination Prior to Maturity Date; Survival. All covenants, representations and warranties made in this Agreement shall continue in full force until this Agreement has terminated pursuant to its terms and all Obligations (other than inchoate indemnity obligations and any other obligations which, by their express terms, are to EXECUTION VERSION survive the termination of this Agreement and the repayment of all Obligations) have been satisfied. So long as Borrowers have satisfied the Obligations (other than inchoate indemnity obligations, and any other obligations which, by their express terms, are to survive the termination of this Agreement and the repayment of all Obligations, and any Obligations under Bank Services Agreements that are cash collateralized in accordance with Section 3.3 of this Agreement), this Agreement may be terminated prior to the Revolving Line Maturity Date by Borrowers, effective three (3) Business Days after written notice of termination is given to Bank. All notices of termination shall be irrevocable; provided, however, that any such notice may state that it is conditioned upon the occurrence or non- occurrence of any event specified therein, in which case such notice may be revoked by the Lead Borrower (by written notice to Bank on or prior to the specified effective date) if such condition is not satisfied. Those obligations that are expressly specified in this Agreement as surviving this Agreement’s termination and the repayment of all Obligations shall continue to survive notwithstanding this Agreement’s termination and the repayment of all Obligations. 11.2.

Appears in 1 contract

Samples: Loan and Security Agreement (Outbrain Inc.)

Termination Prior to Maturity Date; Survival. All covenants, representations and warranties made in this Agreement shall continue in full force until this Agreement has terminated pursuant to its terms and all Obligations (other than inchoate indemnity obligations and any other obligations which, by their express terms, are to survive the termination of this Agreement and the repayment of all Obligations) have been satisfied. So long as Co-Borrowers have satisfied the Obligations (other than inchoate indemnity obligations, and any other obligations which, by their express terms, are to survive the termination of this Agreement and the repayment of all ObligationsAgreement, and any Obligations under Bank Services Agreements that are cash collateralized in accordance with Section 3.3 4.1 of this Agreement), this Agreement may be terminated prior to the Revolving Line Maturity Date by Co-Borrowers, effective three (3) Business Days after written notice of termination is given to Bank. All notices of termination shall be irrevocable; provided, however, that any such notice may state that it is conditioned upon the occurrence or non- occurrence of any event specified therein, in which case such notice may be revoked by the Lead Borrower (by written notice to Bank on or prior to the specified effective date) if such condition is not satisfied. Those obligations that are expressly specified in this Agreement as surviving this Agreement’s termination shall continue to survive notwithstanding this Agreement’s termination. No termination of this Agreement shall in any way affect or impair any right or remedy of Bank, nor shall any such termination relieve Co-Borrowers of any Obligation to Bank, until all of the Obligations (other than inchoate indemnification obligations or other obligations which, by their terms, survive termination of this Agreement) have been paid and the repayment of all performed in full. Those Obligations that are expressly specified in this Agreement as surviving this Agreement’s termination shall continue to survive notwithstanding this Agreement’s termination and payment in full of the repayment of all Obligations. 11.2Obligations then outstanding.

Appears in 1 contract

Samples: Loan and Security Agreement (Leaf Group Ltd.)

Termination Prior to Maturity Date; Survival. All covenants, representations and warranties made in this Agreement shall continue in full force until this Agreement has terminated pursuant to its terms and all Obligations (other than inchoate indemnity obligations and any other obligations which, by their express terms, are to survive the termination of this Agreement and the repayment of all Obligations) have been satisfiedTermination Date shall occur. So long as Borrowers have Bxxxxxxx has satisfied the Obligations (other than inchoate indemnity obligationscontingent indemnification and expense reimbursement claims not then due and payable, and any other obligations which, by their express terms, are to survive the termination of this Agreement and the repayment of all Obligations, and any Obligations under Bank Services Agreements that are cash collateralized in accordance with Section 3.3 of this Agreement), this Agreement may be terminated prior to the Revolving Line Maturity Date by BorrowersBorrower, effective three (3) Business Days after written notice of termination is given to Bank. All notices of termination shall be irrevocable; provided, however, that any such notice may state that it is conditioned upon Agent and the occurrence or non- occurrence of any event specified therein, in which case such notice may be revoked by the Lead Borrower (by written notice to Bank on or prior to the specified effective date) if such condition is not satisfiedLenders. Those obligations that are expressly specified in this Agreement as surviving this Agreement’s termination shall continue to survive notwithstanding this Agreement’s termination. No termination of this Agreement shall in any way affect or impair any right or remedy of Agent or any Lender, nor shall any such termination relieve Borrower of any Obligation to any Lender, until all of the Obligations have been paid and the repayment of all performed in full. Those Obligations that are expressly specified in this Agreement as surviving this Agreement’s termination shall continue to survive notwithstanding this Agreement’s termination and payment in full of the repayment of all Obligations. 11.2Obligations then outstanding.

Appears in 1 contract

Samples: Loan, Guaranty and Security Agreement (Terawulf Inc.)

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Termination Prior to Maturity Date; Survival. All covenants, representations and warranties made in this Agreement shall continue in full force until this Agreement has terminated pursuant to its terms and all Obligations (other than inchoate indemnity obligations obligations, and any other obligations which, by their express terms, are to survive the termination of this Agreement and the repayment of all ObligationsAgreement) have been satisfied. So long as Borrowers have Borrower has satisfied the Obligations (other than inchoate indemnity obligations, and any other obligations which, by their express terms, are to survive the termination of this Agreement and the repayment of all Obligations, and any Obligations under Bank Services Agreements that are cash collateralized in accordance with Section 3.3 of this Agreement), this Agreement may be terminated prior to the Revolving Line Term Loan Maturity Date by BorrowersBorrower, effective three (3) Business Days after written notice of termination is given to Bank. All notices of termination shall be irrevocable; provided, however, that any such notice may state that it is conditioned upon the occurrence or non- occurrence of any event specified therein, in which case such notice may be revoked by the Lead Borrower (by written notice to Bank on or prior to the specified effective date) if such condition is not satisfiedAgent. Those obligations that are expressly specified in this Agreement as surviving this Agreement’s termination shall continue to survive notwithstanding this Agreement’s termination. No termination of this Agreement shall in any way affect or impair any right or remedy of Agent, nor shall any such termination relieve Borrower of any Obligation to Agent, until all of the Obligations (other than inchoate indemnity obligations, and any other obligations which, by their terms, are to survive the repayment termination of all this Agreement) have been paid and performed in full. Those Obligations that are expressly specified in this Agreement as surviving this Agreement’s termination shall continue to survive notwithstanding this Agreement’s termination and payment in full of the repayment of all Obligations. 11.2Obligations then outstanding.

Appears in 1 contract

Samples: Loan and Security Agreement (Rocket Lab USA, Inc.)

Termination Prior to Maturity Date; Survival. All covenants, representations and warranties made in this Agreement shall continue in full force until this Agreement has terminated pursuant to its terms and all Obligations (other than inchoate indemnity obligations and any other obligations which, by their express terms, are to survive the termination of this Agreement and the repayment of all Obligations) have been satisfied. So long as Borrowers have Borrower has satisfied the Obligations (other than inchoate indemnity obligations, and any other obligations which, by their express terms, are to survive the termination of this Agreement and the repayment of all Obligations, and any Obligations under Bank Services Agreements that are cash collateralized in accordance with Section 3.3 of this Agreement), this Agreement may be terminated prior to the Revolving Line Term Loan Maturity Date by BorrowersBorrower, effective three (3) Business Days after written notice of termination is given to Bank. All notices of termination shall be irrevocable; provided, however, that any such notice may state that it is conditioned upon the occurrence or non- occurrence of any event specified therein, in which case such notice may be revoked by the Lead Borrower (by written notice to Bank on or prior to the specified effective date) if such condition is not satisfiedLender. Those obligations that are expressly specified in this Agreement as surviving this Agreement’s termination shall continue to survive notwithstanding this Agreement’s termination. No termination of this Agreement shall in any way affect or impair any right or remedy of Lender, not shall any such termination relieve Borrower of any Obligation to Lender, until all of the Obligations have been paid and the repayment of all performed in full. Those Obligations that are expressly specified in this Agreement as surviving this Agreement’s termination shall continue to survive notwithstanding this Agreement’s termination and payment in full of the repayment of all Obligations. 11.2Obligations then outstanding.

Appears in 1 contract

Samples: Mezzanine Loan and Security Agreement (Lantronix Inc)

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