Common use of Termination by Lenders Clause in Contracts

Termination by Lenders. Pursuant to Paragraph 8.2 hereof, Required Lenders shall have the right to terminate the Commitment at any time, in their discretion and upon notice to Borrowers, upon the occurrence of any Event of Default hereunder. Any payment following the occurrence of an Event of Default, acceleration and demand for payment shall include the payment of any amounts due pursuant to Paragraph 2.10 hereof.

Appears in 2 contracts

Sources: Credit Agreement (Centennial Healthcare Corp), Credit Agreement (Centennial Healthcare Corp)