End of Term definition
Examples of End of Term in a sentence
The Prepayment Charge and the End of Term Charge shall also be payable in the event the Secured Obligations (and/or this Agreement) are satisfied or released by foreclosure (whether by power of judicial proceeding), deed in lieu of foreclosure, or by any other means.
The provisions of this Contract in effect when such notice is given shall remain in effect during the End of Term Extension.
The provisions of this Agreement in effect when such notice is given shall remain in effect during the End of Term Extension.
The End of Term Extension shall automatically terminate upon execution of a replacement contract or modification extending the total term of this Contract.
Borrower expressly waives (to the fullest extent it may lawfully do so) the provisions of any present or future statute or law that prohibits or may prohibit the collection of the foregoing Prepayment Charge and End of Term Charge in connection with any such acceleration.
The End of Term Extension shall automatically terminate upon execution of a replacement Agreement or modification extending the total term of this Agreement.
Each Loan Party expressly waives (to the fullest extent it may lawfully do so) the provisions of any present or future statute or law that prohibits or may prohibit the collection of the foregoing Prepayment Charge and End of Term Charge in connection with any such acceleration.
The End of Term Extension shall automatically terminate upon execution of a replacement contract or modification extending the total term of this Participating Addendum.
The provisions of this Participating Addendum in effect when such notice is given shall remain in effect during the End of Term Extension.
Borrower agrees that any Prepayment Charge and any End of Term Charge payable shall be presumed to be the liquidated damages sustained by each Lender as the result of the early termination, and Borrower agrees that it is reasonable under the circumstances currently existing and existing as of the Closing Date.