Voluntary Termination of Facility. Upon not less than thirty (30) days' prior written notice, either party may notify the other of its intention, for any reason or no reason, not to seek/provide any further financing hereunder; provided, however, that notwithstanding the foregoing, all of Borrower's Obligations shall survive any expiration or termination of this Agreement and/or the termination of any Facility Contract.
Voluntary Termination of Facility. Reduction and Increase of ------------------------------------------------------------ Facility Limit. --------------
Voluntary Termination of Facility. Subject to Section 2.7(a)(i) with respect to any prepayments of the Term Loan, the Borrowers may, on at least thirty (30) days prior and irrevocable written notice received by the Agent, terminate this Agreement and any commitments hereunder by repaying all of the outstanding Obligations in full in cash, including all principal, interest and fees with respect to the Loans and any Prepayment Fee. From and after such date of termination, no Lender shall have any obligation whatsoever to extend any extensions of credit hereunder and all of its lending commitments hereunder (if any) shall be terminated.
Voluntary Termination of Facility. Reduction of Facility Limit or Base Foreign Currency Amount. (a) Transferor may, upon at least five days' (or ten days' in the case of a reduction to zero) prior irrevocable written notice to Transferee, reduce (including to zero) the Facility Limit, provided that the Facility Limit may not at any time be reduced to an amount that is less than the sum of the Aggregate Net Investment plus any outstanding Carryforward Amount at such time. If Transferor requests any reduction in the Facility Limit below the aggregate Purchase Price then in effect for any Transfer Date which has not yet occurred, Transferor will specify those Base Foreign Currency Amounts applicable to such Transfer Date which Transferor wishes to reduce in connection with such reduction in the Facility Limit.
Voluntary Termination of Facility. Reduction of Purchase ---------------------------------------------------------- Limit. Seller may, in its sole discretion for any reason, upon at least fifteen ----- (15) days' notice to the Agent (with a copy to Purchaser), terminate the Facility in whole or reduce in part the unused portion of the Purchase Limit; provided, however, that (a) each such partial reduction will be in a minimum ------------------ amount of $5,000,000 or a higher integral multiple of $1,000,000, and (b) in the event of a partial reduction and after giving effect to any such partial reduction and any prior partial reduction, the remaining Purchase Limit will not be less than $25,000,000.
Voluntary Termination of Facility. Section 1.8 (h) of the Loan Agreement shall be amended and restated in its entirety as follows:
Voluntary Termination of Facility. Borrower shall be permitted to voluntarily prepay $6,000,000 of the Term Loan (or $5,000,000 in the event the Borrowers achieve the milestones referenced in the First Amendment) to the extent that such amounts are held in the Cash Collateral Account, in whole or in part, on or prior to the first anniversary of the First Amendment Effective Date. Borrower may, on at least thirty days prior written notice received by Agent, terminate this Agreement and any commitments hereunder by repaying all of the outstanding Obligations in full in cash, including all principal, interest and fees with respect to the Term Loan and any Protective Advances, and an Early Payment/Termination Premium in the amount specified in the Fee Letter under the heading “Early Termination Fee”. From and after such date of termination, no Lender shall have any obligation whatsoever to extend any extensions of credit hereunder and all of its lending commitments hereunder (if any) shall be terminated.
Voluntary Termination of Facility. The Borrowers may, on at least thirty (30) days prior and irrevocable written notice received by the Administrative Agent, terminate this Agreement and any commitments hereunder by repaying all of the outstanding Obligations in full in cash, including all principal, interest and fees with respect to the Loans and any Protective Advances, and the Prepayment Fee in the amount specified in the Fee Letter under the heading “Prepayment Fee”.
Voluntary Termination of Facility. Borrower may, on at least thirty days prior written notice received by Agent, terminate this Agreement and any commitments hereunder by repaying all of the outstanding Obligations in full in cash, including all principal, interest and fees with respect to the Term Loan and any Protective Advances, and an Early Payment/Termination Premium in the amount specified in the Fee Letter under the heading “Early Termination Fee”. From and after such date of termination, no Lender shall have any obligation whatsoever to extend any extensions of credit hereunder and all of its lending commitments hereunder (if any) shall be terminated.
