Common use of Termination by Borrower Clause in Contracts

Termination by Borrower. Upon at least forty-five (45) days prior written notice to Agent and Lenders, Borrower may, at its option, terminate this Agreement; provided, however, that no such termination shall be effective until Borrower has paid or collateralized to Agent's reasonable satisfaction all of the Obligations in immediately available funds, all Letters of Credit and LC Guaranties have expired, terminated or have been cash collateralized to Agent's reasonable satisfaction and Borrower has complied with Sections 2.5 and 2.7 and subsection 3.2.5. Any notice of termination given by Borrower shall become irrevocable thirty (30) days prior to the specified termination date unless all Lenders otherwise agree in writing and no Lender shall have any obligation to make any Loans or issue or procure any Letters of Credit or LC Guaranties on or after the termination date stated in such notice. Borrower may elect to terminate this Agreement in its entirety only. No section of this Agreement or type of Loan available hereunder may be terminated singly.

Termination by Borrower. Upon at least forty-five (45) 30 days prior written ----------------------- notice to Agent and Lenders, Borrower may, at its option, terminate this Agreement; provided, however, that no such termination shall be effective until -------- ------- Borrower has paid or collateralized to Agent's reasonable satisfaction all of the Obligations in immediately available funds, all Letters of Credit and LC Guaranties have expired, terminated or have been cash collateralized to Agent's reasonable satisfaction and Borrower has complied with Sections 2.5 2.3(ii) and 2.7 and subsection 3.2.52.7. Any notice of termination given by Borrower shall become be irrevocable thirty (30) days prior to the specified termination date unless all Lenders otherwise agree in writing and writing, no Lender shall have any obligation to make any Loans or issue or procure any Letters of Credit or LC Guaranties on or after the termination date stated in such notice. Borrower may elect to terminate this Agreement in its entirety only. No section of this Agreement or type of Loan available hereunder may be terminated singly.

Termination by Borrower. Upon at least forty-five (45) 10 days prior written ----------------------- notice to Agent and Lenders, Borrower may, at its option, terminate this Agreement; provided, however, that no such termination shall be effective until --------- ------- Borrower has paid or collateralized to Agent's reasonable satisfaction all of the Obligations in immediately available funds, all Letters of Credit and LC Guaranties have expired, terminated or have been cash collateralized to Agent's reasonable satisfaction and Borrower has complied with Sections 2.5 and 2.7 and subsection 3.2.52.7. Any notice of termination given by Borrower shall become be irrevocable thirty (30) days prior to the specified termination date unless all Lenders otherwise agree agrees in writing and writing, no Lender shall have any obligation to make any Loans or issue or procure any Letters of Credit or LC Guaranties on or after the termination date stated in such notice. Borrower may elect to terminate this Agreement in its entirety only. No section of this Agreement or type of Loan available hereunder may be terminated singly.

Termination by Borrower. Upon at least forty-five three (453) days days' prior ----------------------- written notice to Agent and Lenders, Borrower Borrowers may, at its their option, terminate this Agreement; provided, however, that no such termination shall be effective until Borrower has -------- ------- Borrowers have paid or collateralized to Agent's reasonable satisfaction all of the Obligations in immediately available funds, funds and all Letters of Credit and LC Guaranties have expired, terminated or have been cash collateralized to Agent's reasonable satisfaction and Borrower has Borrowers have complied with Sections 2.5 and 2.7 Section 2.6 and subsection 3.2.5. Any notice of termination given by Borrower VEI, on behalf of all Borrowers, shall become be irrevocable thirty (30) days prior to the specified termination date unless all Majority Lenders and Agent otherwise agree in writing writing, and no Lender Agent and Lenders shall have any no obligation to make any Loans or issue or procure any Letters of Credit or LC Guaranties on or after the termination date stated in such notice. Borrower Borrowers may elect to terminate this Agreement in its entirety only. No section of this Agreement or type of Loan available hereunder may be terminated singly.