Common use of Waiver of Termination, Line Reduction and Prepayment Fees Clause in Contracts

Waiver of Termination, Line Reduction and Prepayment Fees. The Borrower will not be required to pay the termination, line reduction and prepayment fees otherwise due under this Section 2.7 if such termination, line reduction or prepayment is made because of refinancing of the Borrower by an affiliate of the Lender.

Appears in 2 contracts

Samples: Intercreditor Agreement (Naco Industries Inc), Credit and Security Agreement (Act Teleconferencing Inc)

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Waiver of Termination, Line Reduction and Prepayment Fees. The Borrower will not be required to pay the termination, termination and line reduction and prepayment fees otherwise due under this Section 2.7 2.11 if such termination, termination or line reduction or prepayment is made because of refinancing of the Borrower by an affiliate of the Lender.

Appears in 1 contract

Samples: Credit and Security Agreement (Nebo Products Inc)

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Waiver of Termination, Line Reduction and Prepayment Fees. (1) The Borrower Borrowers will not be required to pay the termination, line reduction and prepayment fees otherwise due under this Section 2.7 2.13 if such termination, line reduction or prepayment is made because of refinancing of the Borrower Borrowers by an affiliate of the Lender.

Appears in 1 contract

Samples: Credit and Security Agreement (Pemco Aviation Group Inc)

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