Agency Termination. Subject to Sections 11.06 and 11.08, the appointment and authority of the Administrative Agent and the Agents hereunder shall terminate upon the payment to (a) each Note Purchaser of all amounts owing to such Note Purchaser hereunder and under the Notes and (b) the Agents and the Administrative Agent of all amounts due hereunder and under the Notes.
Appears in 2 contracts
Sources: Warehouse Note Purchase and Security Agreement (Nelnet Inc), Warehouse Note Purchase and Security Agreement (Nelnet Inc)