Common use of Waiver of Termination Fees Clause in Contracts

Waiver of Termination Fees. The Borrower will not be required to pay the termination fees otherwise due under subsection (e) if such termination is made because of refinancing by an affiliate of the Lender.

Appears in 4 contracts

Samples: And Security Agreement (Hc2 Holdings, Inc.), Security Agreement and Fixture Filing (HC2 Holdings, Inc.), Credit and Security Agreement (Schuff International Inc)

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Waiver of Termination Fees. The Borrower will not be required to pay the termination fees otherwise due under subsection (ec) if such termination is made because of refinancing by an affiliate of the Lender.

Appears in 2 contracts

Samples: Credit and Security Agreement (Digital Angel Corp), Credit and Security Agreement (Digital Angel Corp)

Waiver of Termination Fees. The Borrower will not be required to pay the termination fees otherwise due under subsection (eb) if such termination prepayment is made because of increased cash flow generated from the Borrower's operations or refinancing by an affiliate of the Lender.

Appears in 1 contract

Samples: Credit and Security Agreement (Bentley International Inc)

Waiver of Termination Fees. The Borrower will not be required to pay the termination fees otherwise due under subsection (ed) if such termination is made because of refinancing by an affiliate of the Lender.

Appears in 1 contract

Samples: Credit and Security Agreement (Nortech Systems Inc)

Waiver of Termination Fees. The Borrower will not be required to pay the termination fees otherwise due under subsection subsections (e) if such termination or prepayment is made because of refinancing by an affiliate of the Lender.

Appears in 1 contract

Samples: Credit and Security Agreement (International Displayworks Inc)

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Waiver of Termination Fees. The Borrower will not be required to pay the termination fees otherwise due under subsection (e) if such termination is made because of refinancing by an affiliate of the Lender.

Appears in 1 contract

Samples: Credit and Security Agreement (2nd Swing Inc)

Waiver of Termination Fees. The Borrower Borrowers will not be required to pay the termination fees otherwise due under subsection (e) if such termination is made because of increased cash flow generated from the Borrowers' operations or because of refinancing by an affiliate of the Lender.

Appears in 1 contract

Samples: Credit and Security Agreement (Leather Factory Inc)

Waiver of Termination Fees. The Borrower will not be required to pay the termination fees otherwise due under subsection (e) this Section 2.11 if such termination is made because of refinancing by an affiliate of the Lender.

Appears in 1 contract

Samples: Credit and Security Agreement (Fourth Shift Corp)

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