Common use of Termination; Repayment Clause in Contracts

Termination; Repayment. The Revolving Non-Formula Line terminates on the Revolving Non-Formula Line Maturity Date, when the principal amount of all Non-Formula Advances, the unpaid interest thereon, and all other Obligations relating to the Revolving Non-Formula Line shall be immediately due and payable.

Appears in 2 contracts

Samples: Loan and Security Agreement (TrueCar, Inc.), Loan and Security Agreement (TrueCar, Inc.)

AutoNDA by SimpleDocs

Termination; Repayment. The Revolving Non-Formula formula Revolving Line terminates on the Revolving Non-Formula formula Revolving Line Maturity Date, when the principal amount of all Non-Formula formula Advances, the unpaid interest thereon, and all other Obligations relating to the Revolving Non-Formula formula Revolving Line shall be immediately due and payable. The Non-formula Revolving Line may be prepaid at any time in full or in part without prepayment premium or penalty.

Appears in 2 contracts

Samples: Senior Loan and Security Agreement (Mavenir Systems Inc), Senior Loan and Security Agreement (Mavenir Systems Inc)

AutoNDA by SimpleDocs

Termination; Repayment. The Revolving Non-Formula Revolving Line terminates on the Revolving applicable Non-Formula Revolving Line Maturity Date, when the principal amount of all Non-Formula Advances, the unpaid interest thereon, and all other Obligations relating to the Revolving Non-Formula Revolving Line shall be immediately due and payable.

Appears in 1 contract

Samples: Loan and Security Agreement (Borderfree, Inc.)

Draft better contracts in just 5 minutes Get the weekly Law Insider newsletter packed with expert videos, webinars, ebooks, and more!