Common use of Plan Termination Clause in Contracts

Plan Termination. You or any co-applicant may terminate your Plan in writing at any time. BECU may also terminate your entire Plan or any part of your Plan at any time. All other provisions of this Agreement shall otherwise remain in full force and effect until you pay all sums due us. You understand that terminating your Plan will not relieve you of your obligations on any outstanding loan balances at the time of termination.

Appears in 11 contracts

Sources: Credit and Security Agreement, Credit and Security Agreement, Credit and Security Agreement