Common use of Termination by Lenders Clause in Contracts

Termination by Lenders. Required Lenders may terminate this Agreement (without notice thereof to Borrower) upon or after the occurrence and during the continuance of an Event of Default.

Appears in 3 contracts

Sources: Loan and Security Agreement (Nations Flooring Inc), Loan and Security Agreement (Executone Information Systems Inc), Loan and Security Agreement (Nations Flooring Inc)