Common use of Early Termination by Borrower Clause in Contracts

Early Termination by Borrower. Borrower has the option, at any time upon 45 days prior written notice to Agent, to terminate this Agreement by paying to Agent for the ratable benefit of the Lender Group, in cash, the Obligations, without penalty or premium (other than as provided in the Fee Letter). In the event any such notice is timely received by Agent, and Borrower thereafter fails to timely pay to Agent the amount set forth in the immediately preceding sentence, such notice shall be deemed to never have been given.

Early Termination by Borrower. Borrower has the option, at any time upon 45 days thirty (30) days' prior written notice to Administrative Agent, to terminate this Agreement by paying to Collateral Agent (for the ratable benefit of the Lender Group), in cash, the ObligationsObligations (including an amount equal to 105% of the undrawn amount of the Letters of Credit, unless final documentation has been executed with respect to the arrangements permitted under clauses (x) and (y) of Section 2.2(e)(ii)), in full, without penalty premium or premium (other than as provided in the Fee Letter). In the event any such notice is timely received by Agent, and Borrower thereafter fails to timely pay to Agent the amount set forth in the immediately preceding sentence, such notice shall be deemed to never have been givenpenalty.

Early Termination by Borrower. Borrower has the option, at any time upon 45 60 days prior written notice to Agent, to terminate this Agreement by paying to Agent Agent, for the ratable benefit of the Lender Group, in cash, the Obligations, without penalty or premium (other than as provided in full. If Borrower has sent a notice of termination pursuant to the Fee Letter). In provisions of this Section, then the event any such notice is timely received by Agent, Revolver Commitments shall terminate and Borrower thereafter fails shall be obligated to timely pay to Agent repay the amount Obligations in full, on the date set forth as the date of termination of this Agreement in the immediately preceding sentence, such notice shall be deemed to never have been givennotice.