Common use of Termination by Lenders Clause in Contracts

Termination by Lenders. In addition to the rights set forth in Section 10.2, Agent may, and at the direction of Required Lenders shall, terminate this Agreement without notice upon or after the occurrence and during the continuance of an Event of Default.

Appears in 77 contracts

Sources: Credit, Security and Guaranty Agreement (Shimmick Corp), Credit and Security Agreement (Treace Medical Concepts, Inc.), Credit and Security Agreement (Term Loan) (Treace Medical Concepts, Inc.)

Termination by Lenders. In addition to the rights set forth in Section 10.2, Agent may, and at the direction of Required Lenders shall, terminate this Agreement without notice upon or after the occurrence and during the continuance of an Event of DefaultDefault by giving notice to the Borrower Representative.

Appears in 4 contracts

Sources: Credit and Security Agreement (Term Loan) (Sight Sciences, Inc.), Credit and Security Agreement (Sight Sciences, Inc.), Credit and Security Agreement (Revolving Loan) (Novadaq Technologies Inc)

Termination by Lenders. In addition to the rights set forth in Section 10.2, Agent may, and at the direction of Required Lenders shall, terminate this Agreement without notice upon or after the occurrence and during the continuance existence of an Event of Default.

Appears in 3 contracts

Sources: Credit and Security Agreement (Accuray Inc), Credit and Security Agreement (Accuray Inc), Credit and Security Agreement (Accuray Inc)

Termination by Lenders. In addition to the rights set forth in Section 10.2, Agent may, and at the direction of Required Majority Lenders shall, terminate the obligations of Agent and Lenders to make further Loans or issue further Letters of Credit or LC Guaranties under this Agreement without notice upon or after the occurrence and during the continuance of an Event of Default.

Appears in 2 contracts

Sources: Loan and Security Agreement (Kinetek Inc), Loan and Security Agreement (Kinetek Inc)

Termination by Lenders. In Upon or after the occurrence and during the continuance of an Event of Default, in addition to the rights set forth in Section 10.2, upon written notice to Borrower and subject to any applicable cure periods, Agent may, and at the direction of Required Lenders shall, terminate this Agreement without notice upon or after the occurrence and during the continuance of an Event of DefaultAgreement.

Appears in 1 contract

Sources: Credit and Security Agreement (PTC Therapeutics, Inc.)

Termination by Lenders. In addition to the rights set forth in Section 10.211.2, Agent may, and at the direction of Required Lenders shall, terminate this Agreement without notice upon or after the occurrence and during the continuance of an Event of Default.

Appears in 1 contract

Sources: Credit and Security Agreement (AlerisLife Inc.)

Termination by Lenders. In addition to the rights set forth in Section 10.2, Agent may, and at the direction of Required Lenders shall, terminate this Agreement without notice upon or after the occurrence and during the continuance of an Event of Default.. MidCap / EndoChoice / Term Credit and Security Agreement

Appears in 1 contract

Sources: Credit and Security Agreement (Term Loan) (EndoChoice Holdings, Inc.)

Termination by Lenders. In addition to the rights set forth in Section 10.2, Agent may, and at the direction of Required Lenders shall, terminate this Agreement without upon written notice upon or after the occurrence and during the continuance of an Event of Default.

Appears in 1 contract

Sources: Amendment No. 1 and Joinder to Credit, Security and Guaranty Agreement (Aspen Aerogels Inc)

Termination by Lenders. In addition to the rights set forth in Section 10.211.2, Agent may, and at the direction of Required Lenders shall, terminate this Agreement without notice upon or after the occurrence and during the continuance of an Event of Default.

Appears in 1 contract

Sources: Credit and Security Agreement (Skilled Healthcare Group, Inc.)