Common use of Co-Terminus Clause in Contracts

Co-Terminus. Notwithstanding any term to the contrary herein, or in any of the Other Agreements, Lender shall have the right to demand payment of the entire remaining balance of this Note if, at any time: (a) the Revolving Credit Loan has terminated pursuant to the terms of the Loan Agreement or the Other Agreements, including, without limitation, a termination on March 26, 2002; and (b) An offer was made by Lender, no earlier than 90 days before the maturity date of the Revolving Credit Note, to extend, renew or replace at least $10,000,000 of the Revolving Credit Loan at an interest rate equal to or lower than the rate specified in the Revolving Credit Note and on terms (including without limitation fees) materially similar to the terms in the Loan Agreement and the Other Agreements and other terms then required by Lender for loans similar in size and risk to the Revolving Credit Loan; and (c) Borrower has either: (i) failed to accept such offer within ten (10) Business Days after the offer was made by Lender, or (ii) failed within ten (10) Business Days after delivery of documents evidencing such extension, renewal or replacement, to execute and deliver to lender such documents and to pay Lender for its costs and fees incurred and due in connection therewith.

Co-Terminus. Notwithstanding any term to the contrary herein, or in any of the Other Agreements, Lender shall have the right to demand payment of the entire remaining balance of this Note the Indebtedness if, at any time: (a) Borrower prepays the Term Loan in full or the Term Loan is terminated pursuant to the terms of this Agreement or the Other Agreements; or (b) all of the following occur: (i) the Revolving Credit Loan has terminated pursuant to the terms of the Loan this Agreement or the Other Agreements, including, without limitation, a termination on March 26, 2002; and (bii) An an offer was made by Lender, no earlier than 90 days before the maturity date of the Revolving Credit Note, to extend, renew or replace at least $10,000,000 of the Revolving Credit Loan at an interest rate equal to or lower than the rate specified in the Revolving Credit Note and on terms (including without limitation fees) materially similar to the terms in the Loan this Agreement and the Other Agreements and other terms then required by Lender for loans similar in size and risk to the Revolving Credit Loan; and (ciii) Borrower has either: (iA) failed to accept such offer within ten (10) Business Days after the offer was made by Lender, or (iiB) failed failed, within ten (10) Business Days after delivery of documents evidencing such extension, renewal or replacement, to execute and deliver to lender Lender such documents and to pay Lender for its costs and fees incurred and due in connection therewith.