Common use of Termination; Renewal Clause in Contracts

Termination; Renewal. The availability of additional Loans under this Agreement will automatically terminate ON DEMAND (but if no demand, no later than one year from the date hereof). The Bank reserves the right at any time without notice to terminate the Loan Account, suspend the Company’s borrowing privileges or refuse any Loan request even though the Company has complied with all of the terms under this Agreement. The Company may terminate this Agreement at any time effective upon receipt by the Bank of at least 15 days prior written notice. No termination under this Section shall affect the Bank’s rights or the Company’s obligations regarding payment or default under this Agreement. Such termination shall not affect the Company’s obligation to pay all Loans and the interest accrued through the date of final payment. The Bank may also elect to honor Loan requests after termination of this Agreement, and the Company agrees that any such payment by the Bank shall constitute a Loan to Company under this Agreement.

Termination; Renewal. The availability of additional Loans under this Agreement will automatically terminate ON DEMAND (but if no demandon the MATURITY DATE. Prior to the Maturity Date, no later than one year from the date hereof). The Bank reserves the right at any time without notice to terminate the Loan Account, suspend the Company’s borrowing privileges or refuse any Loan request even though the Company has complied at any time any Event of Default, or any event of condition which with all notice or lapse of the terms under this Agreementtime, or both, would constitute an Event of Default, exists. The Company may terminate this Agreement at any time effective upon receipt by the Bank of at least 15 days prior written notice. No termination under this Section shall affect the Bank’s rights or the Company’s obligations regarding payment or default under this Agreement. Such termination shall not affect the Company’s obligation to pay all Loans and other obligations and the interest accrued through the date of final payment. The Bank may also elect to honor Loan requests after termination of this Agreement, and the Company agrees that any such payment by the Bank shall constitute a Loan to the Company issued at the request of the Company under this Agreement.

Termination; Renewal. The availability of additional Loans under this Agreement will automatically terminate ON DEMAND (but if no demand, no later than one year from the date hereof)On Written Demand. The Bank Lender reserves the right at any time without notice to terminate the Loan Account, suspend the Company’s borrowing privileges or refuse any Loan request even though the Company has complied with all of the terms under this Agreement. The Company may terminate this Agreement at any time effective upon receipt by the Bank Lender of at least 15 days prior written notice. No termination under this Section shall affect the BankLender’s rights or the Company’s obligations regarding payment or default under this Agreement. Such termination shall not affect the Company’s obligation to pay all Loans and other obligations and the interest accrued through the date of final payment. The Bank Lender may also elect to honor Loan requests after termination of this Agreement, and the Company agrees that any of such payment by the Bank shall constitute a Loan to the Company under this Agreement.

Termination; Renewal. The availability of additional Loans under this Agreement will automatically terminate ON DEMAND (but if no demand, no later than one year from the date hereof). The Bank reserves the right at any time without notice to terminate the Loan Account, suspend the Company’s 's borrowing privileges or refuse any Loan request even though the Company has complied with all of the terms under this Agreement. The Company may terminate this Agreement at any time effective upon receipt by the Bank of at least 15 days prior written notice. No termination under this Section shall affect the Bank’s 's rights or the Company’s 's obligations regarding payment or default under this Agreement. Such termination shall not affect the Company’s 's obligation to pay all Loans and the interest accrued through the date of final payment. The Bank may also elect to honor Loan requests after termination of this Agreement, and the Company agrees that any such payment by the Bank shall constitute a Loan to Company under this Agreement.

Termination; Renewal. The availability of additional Loans under this Agreement will automatically terminate ON DEMAND (but if no demand, no later than one year from the date hereof)DEMAND. The Bank reserves the right at any time without notice to terminate the Loan Account, suspend the CompanyCustomer’s borrowing privileges or refuse any Loan request or any request for a Fixed Rate Portion even though the Company Customer has complied with all of the terms under of this Agreement. The Company Customer may terminate this Agreement at any time effective upon receipt by the Bank of at least 15 days prior written notice. No termination under this Section paragraph shall affect the Bank’s rights or the CompanyCustomer’s obligations regarding payment or default under this Agreement. Such termination shall not affect the CompanyCustomer’s obligation to pay all Loans and the interest accrued through the date of final payment. The Bank may also elect to honor Loan requests after termination of this Agreement, and the Company Customer agrees that any such payment by the Bank shall constitute a Loan to Company Customer under this Agreement.

Termination; Renewal. The availability of additional Loans under this Agreement will automatically terminate ON DEMAND (but if no demand, no later than one year from the date hereof)DEMAND. The Bank reserves the right at any time without notice to terminate the Loan Account, suspend the Company’s borrowing privileges or refuse any Loan request even though the Company has complied with all of the terms under this Agreement. The Company may terminate this Agreement at any time effective upon receipt by the Bank of at least 15 days prior written notice. No termination under this Section shall affect the Bank’s rights or the Company’s obligations regarding payment or default under this Agreement. Such termination shall not affect the Company’s obligation to pay all Loans and the interest accrued through the date of final payment. The Bank may also elect to honor Loan requests after termination of this Agreement, and the Company agrees that any such payment by the Bank shall constitute a Loan to Company under this Agreement.