Early Termination by Borrowers. Borrowers have the option, at any time upon 90 days prior written notice by Administrative Borrower to Agent, to terminate this Agreement by paying to Agent, for the benefit of the Lender Group, in cash, the Obligations, in full. If Administrative Borrower has sent a notice of termination pursuant to the provisions of this Section, then Lenders' obligations to extend credit hereunder shall terminate and Borrowers shall be obligated to repay the Obligations, in full, on the date set forth as the date of termination of this Agreement in such notice.
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Samples: Loan and Security Agreement (Peninsula Gaming Corp), Loan and Security Agreement (Old Evangeline Downs LLC)
Early Termination by Borrowers. Borrowers have the option, at any time upon 90 15 days (or such lesser period as agreed by the Agent) prior written notice by Administrative Borrower to Agent, to terminate this Agreement by paying to the Agent, for the benefit of the Lender Group, in cash, the Obligations, Obligations in full. If Administrative Borrower has sent a notice of termination pursuant to the provisions of this Section, then Lenders' obligations to extend credit hereunder shall terminate and the Borrowers shall be obligated to repay the Obligations, in full, full on the date set forth as the date of termination of this Agreement in such notice.
Appears in 1 contract
Samples: Credit Agreement (Sitel Corp)
Early Termination by Borrowers. Borrowers have the option, at any time upon 90 days prior ten (10) days’ prior, written notice by Administrative Borrower Borrowers to AgentLenders, to terminate this Agreement by paying to Agent, for the benefit of the Lender GroupLenders, in cash, the Obligations, Obligations in full. If Administrative Borrower has Borrowers have sent a notice of termination pursuant to the provisions of this Section, then Lenders' ’ obligations to extend credit hereunder shall terminate and Borrowers shall be obligated to repay the Obligations, Obligations in full, full on the date set forth as the date of termination of this Agreement in such notice.
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Early Termination by Borrowers. Borrowers have the option, at any time upon 90 30 days prior written notice by Administrative Borrower to Agent, to terminate this Agreement Agreement, without penalty or premium, by paying to Agent, for the benefit of the Lender Group, in cash, the Obligations, in full. If Administrative Borrower has Borrowers have sent a notice of termination pursuant to the provisions of this Section, then Lenders' obligations to extend credit hereunder shall terminate and Borrowers shall be obligated to repay the Obligations, in full, on the date set forth as the date of termination of this Agreement in such notice.
Appears in 1 contract
Samples: Credit Agreement (WHX Corp)
Early Termination by Borrowers. Borrowers have the option, at any time upon 90 days 10 Business Days prior written notice by Administrative Borrower to Agent, to terminate this Agreement by paying to Agent, for the benefit of the Lender Group, in cash, the Obligations, in full, together with the Applicable Prepayment Premium. If Administrative Borrower has sent a notice of termination pursuant to the provisions of this Section, then Lenders' obligations to extend credit hereunder the Commitments shall terminate and Borrowers shall be obligated to repay the Obligations, in full, together with the Applicable Prepayment Premium, on the date set forth as the date of termination of this Agreement in such notice.
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Early Termination by Borrowers. Borrowers have the option, at any time upon 90 30 days prior written notice by Administrative Borrower to Agent, to terminate this Agreement by paying to Agent, for the benefit of the Lender Group, in cash, the ObligationsObligations in full including, in fullwithout limitation, any amounts due under the Fee Letter. If Administrative Borrower has sent a notice of termination pursuant to the provisions of this Section, then Lenders' obligations to extend credit hereunder the Commitments shall terminate and Borrowers shall be obligated to repay in cash the Obligations, Obligations in full, full on the date set forth as the date of termination of this Agreement in such notice.
Appears in 1 contract
Samples: Credit Agreement (Emrise CORP)