Term Termination. (A) This Agreement shall remain in force until the earlier of (i) the Termination Date, (ii) the date specified in a written notice by the Customer that they intend to terminate this Agreement which date shall be no less than ninety (90) days following the receipt by IBM Credit of such written notice, and (iii) termination by IBM Credit after the occurrence and during the continuance of an Event of Default. Upon the date that this Agreement is terminated, all of Customer's Obligations shall be immediately due and payable in their entirety, even if they are not yet due under their terms.
Appears in 8 contracts
Samples: Financing Agreement (Datatec Systems Inc), Financing Agreement (Datatec Systems Inc), En Pointe Technologies Inc
Term Termination. (A) This Agreement shall remain in force until the earlier of (i) the Termination Date, (ii) the date specified in a written notice by the Customer that they intend to terminate this Agreement which date shall be no less than ninety (90) days following the receipt by IBM Credit of such written notice, and (iii) termination by IBM Credit after the occurrence and during the continuance of an any Event of Default. Upon the date that this Agreement is terminated, all of Customer's Obligations shall be immediately due and payable in their entirety, even if they are not yet due under their terms.
Appears in 3 contracts
Samples: Financing Agreement (Litronic Inc), Financing Agreement (Litronic Inc), Capital Financing Agreement (Litronic Inc)
Term Termination. (A) This Agreement shall remain in force until the earlier of (i) the Termination Date, (ii) the date specified in a written notice by the Customer that they intend to terminate this Agreement which date shall be no less than ninety (90) 90 days following the receipt by IBM Credit of such written notice, and (iii) termination by IBM Credit after the occurrence and during the continuance of an Event of Default. Upon the date that this Agreement is terminated, all of Customer's Obligations shall be immediately due and payable in their entirety, even if they are not yet due under their terms.
Appears in 3 contracts
Samples: Capital Financing Agreement (Ameriquest Technologies Inc), Capital Financing Agreement (Ameriquest Technologies Inc), Capital Financing Agreement (Ameriquest Technologies Inc)
Term Termination. (A) This Agreement shall remain in force until the earlier of (i) the Termination Date, (ii) the date specified in a written notice by the Customer that they intend it intends to terminate this Agreement which date shall be no less than ninety (90) 90 days following the receipt by IBM Credit of such written notice, and (iii) termination by IBM Credit after the occurrence and during the continuance of an Event of Default. Upon the date that this Agreement is terminated, all of Customer's Obligations shall be immediately due and payable in their entirety, even if they are not yet due under their terms.
Appears in 2 contracts
Samples: Working Capital Financing and Term Loan Agreement (Radius Inc), Financing and Term Loan Agreement (Ibm Credit Corp)
Term Termination. (A) This Agreement shall remain in force until the earlier of (i) the Termination Date, (ii) the date specified in a written notice by the Customer Loan Parties that they intend to terminate this Agreement which date shall be no less than ninety (90) days following the receipt by IBM Credit of such written notice, and (iii) termination by IBM Credit after the occurrence and during the continuance of an Event of Default. Upon the date that this Agreement is terminated, all of Customer's the Obligations shall be immediately due and payable in their entirety, even if they are not yet due under their terms.
Appears in 2 contracts
Samples: Execution Copy (Microage Inc /De/), Agreement for Wholesale (Microage Inc /De/)
Term Termination. (A) This Agreement shall remain in force until the earlier of (i) the Termination Date, (ii) the date specified in a written notice by the Customer Borrower that they intend it intends to terminate this Agreement which date shall be no less than ninety (90) days following the receipt by IBM Credit of such written notice, and (iii) termination by IBM Credit after the occurrence and during the continuance of an Event of Default. Upon the date that this Agreement is terminated, all of Customer's Obligations shall be immediately due and payable in their entirety, even if they are not yet due under their terms.
Appears in 2 contracts
Samples: Financing Agreement (Pfsweb Inc), Pfsweb Inc
Term Termination. (A) This Agreement shall remain in force until the earlier of (i) the Termination Date, (ii) the date specified in a written notice by the USA Customer that they intend to terminate this Agreement which date shall be no less than ninety thirty (9030) days following the receipt by IBM Credit of such written notice, and (iii) termination by IBM Credit Lenders after the occurrence and during the continuance of an Event of Default. Upon the date that this Agreement is terminated, all of Customer's Customers' Obligations shall be immediately due and payable in their entirety, even if they are not yet due under their termsnotwithstanding any other provisions of this Agreement.
Appears in 2 contracts
Samples: Term and Revolving Credit Agreement (Applied Digital Solutions Inc), Term and Revolving Credit Agreement (Applied Digital Solutions Inc)
Term Termination. (A) This Agreement shall remain in force until the earlier of (i) the Termination Date, (ii) the date specified in a written notice by the Customer that they intend it intends to terminate this Agreement which date shall be no less than ninety thirty (9030) days following the receipt by IBM Credit of such written notice, and (iii) termination by IBM Credit after the occurrence and during the continuance of an Event of Default. Upon the date that this Agreement is terminated, all of Customer's Obligations shall be immediately due and payable in their entirety, even if they are not yet due under their terms.
Appears in 2 contracts
Samples: Financing Agreement (Compucom Systems Inc), Financing Agreement (Safeguard Scientifics Inc Et Al)
Term Termination. (A) This Agreement shall remain in force until the earlier of (i) the Termination Date, (ii) the date specified in a written notice by the Customer that they intend Customer intends to terminate this Agreement which date shall be no less than ninety (90) days following the receipt by IBM Credit of such written notice, and (iii) termination by IBM Credit after the occurrence and during the continuance of an Event of Default. Upon the date that this Agreement is terminated, all of Customer's Obligations shall be immediately due and payable in their entirety, even if they are not yet due under their terms.
Appears in 2 contracts
Samples: Financing Agreement (Syscomm International Corp), Financing Agreement (Syscomm International Corp)
Term Termination. (A) This Agreement shall remain in force until the earlier of (i) the Termination Date, (ii) the date specified in a written notice by the Customer that they intend to terminate this Agreement which date shall be no less than ninety (90) days following the receipt by IBM Credit of such written notice, and (iii) termination by IBM Credit after the occurrence and during the continuance of an Event of Default. Upon the date that this Agreement is terminated, all of Customer's the Obligations shall be immediately due and payable in their entirety, even if they are not yet due under their termsnotwithstanding any other provisions of this Agreement.
Appears in 1 contract
Term Termination. (A) This Agreement shall remain in force until the earlier of (i) the Termination Date, (ii) the date specified in a written notice by the Customer that they intend to terminate this Agreement which date shall be no less than ninety (90) days following the receipt by IBM Credit of such written notice, and (iii) termination by IBM Credit after the occurrence and during the continuance of an Event of Default. Upon the date that this Agreement is terminated, all of Customer's Obligations shall be immediately due and payable in their entirety, even if they are not yet due under their termsnotwithstanding any other provisions of this Agreement.
Appears in 1 contract
Term Termination. (A) This Agreement shall remain in force until the earlier of (i) the Termination Date, (ii) the date specified in a written notice by the Customer that they intend to terminate this Agreement which date shall be no less than ninety thirty (9030) days following the receipt by IBM Credit of such written notice, and (iii) termination by IBM Credit after the occurrence and during the continuance of an Event of Default. Upon the date that this Agreement is terminated, all of Customer's Obligations shall be immediately due and payable in their entirety, even if they are not yet due under their terms.
Appears in 1 contract
Term Termination. (A) This Agreement shall remain in force until the earlier of (i) the Termination Date, (ii) the date specified in a written notice by the Customer that they intend it intends to terminate this Agreement which date shall be no less than ninety (90) days following the receipt by IBM Credit of such written notice, and (iii) termination by IBM Credit after the occurrence and during the continuance of an Event of Default. Upon the date that this Agreement is terminated, all of Customer's Obligations shall be immediately due and payable in their entirety, even if they are not yet due under their terms.
Appears in 1 contract
Term Termination. (A) This Agreement shall remain in force until the earlier of (i) the Termination Date, (ii) the date specified in a written notice by the Customer Loan Parties that they intend to terminate this Agreement which date shall be no less than ninety (90) days following the receipt by IBM Credit of such written notice, and (iii) termination by IBM Credit after the occurrence and during the continuance of an any Event of Default. Upon the date that this Agreement is terminated, all of Customer's Loan Parties' Obligations shall be immediately due and payable in their entirety, even if they are not yet due under their terms.
Appears in 1 contract
Term Termination. (A) This Agreement shall remain in force until the earlier of (i) the Termination Date, (ii) the date specified in a written notice by the Customer Borrower that they intend it intends to terminate this Agreement which date shall be no less than ninety (90) days following the receipt by IBM Credit of such written notice, (ii) the date specified in a written notice by IBM Credit that it intends to terminate this Agreement which date shall be no less than ninety (90) days following the receipt by Borrower of such written notice, and (iii) termination by IBM Credit after the occurrence and during the continuance of an Event of Default. Upon the date that this Agreement is terminated, all of Customer's the Obligations shall be immediately due and payable in their entirety, even if they are not yet due under their terms.
Appears in 1 contract
Term Termination. (A) This Agreement shall remain in force until the earlier of (i) the Termination Date, (ii) the date specified in a written notice by the any Customer that they intend it intends to terminate this Agreement which date shall be no less than ninety (90) days following the receipt by IBM Credit of such written notice, and (iii) termination by IBM Credit after the occurrence and during the continuance of an Event of Default. Upon the date that this Agreement is terminated, all of Customer's Customers’ Obligations shall be immediately due and payable in their entirety, even if they are not yet due under their terms.
Appears in 1 contract
Samples: Agreement for Inventory Financing (Pc Connection Inc)
Term Termination. (A) This Agreement shall remain in force until the earlier of (i) the Termination Date, (ii) the date specified in a written notice by the USA Customer that they intend to terminate this Agreement which date shall be no less than ninety thirty (9030) days following the receipt by IBM Credit of such written notice, and (iii) termination by IBM Credit Lenders after the occurrence and during the continuance of an Event of Default. Upon the date that this Agreement is terminated, all of Customer's Customers, Obligations shall be immediately due and payable in their entirety, even if they are not yet due under their termsnotwithstanding any other provisions of this Agreement.
Appears in 1 contract
Samples: Term and Revolving Credit Agreement (Applied Cellular Technology Inc)