Termination of Advances. Terminate the making of Advances.
Termination of Advances. At the option of the Lender, monthly advances shall not be made unless: (a) the Loan Documents are in full force and effect; and (b) an Event of Default does not exist and would not exist but for the giving of notice or the passage of time under the terms of the Loan Documents.
Termination of Advances. At the option of Lender, Loan advances shall not be made under the Note unless (i) this Agreement, the Note and the other Loan Documents are in full force and effect, and (ii) an Event of Default does not exist under the terms of this Agreement, the Note or any of the other Loan Documents.
Termination of Advances. If any one or more of the Events of Default specified in subsection 8.1(e) or subsection 8.1(f) shall occur, any unused portion of the Loans hereunder shall forthwith immediately and automatically terminate and the Lender shall be relieved of all further obligations to make Loans to any Borrower. If any other Event of Default shall have occurred and be continuing, the Lender may, by notice to the Borrowers, terminate the unused portion of the Loans hereunder, and upon such notice being given such unused portion of the Loans hereunder shall terminate immediately and the Lender shall be relieved of all further obligations to make Loans. No termination of the Loans hereunder shall relieve any Borrower of any of the Obligations.
Termination of Advances. Upon the occurrence of any Event of Default or Default that, with the giving of notice, passage of time, or both, shall constitute an Event of Default, Lender may, without notice, terminate this facility with respect to further Advances under the Revolving Credit Loan, in which event Lender shall have no further obligation to make Advances as long as said Event of Default or Default shall continue.
Termination of Advances. 13 9.2. Waiver of Termination Event 13 9.3. Cumulative Remedies 13 10. COMPLETION OF THE PROJECT 13 11. INSURANCE 13 12. CHANGE ORDERS 14 13. AUDIT 14 14. COPIES OF FILED LIENS 14 15. GOVERNMENT REQUIREMENTS AND PUBLIC COMPETITIVE BIDDING ACT 14 16. CONSTRUCTION CONTRACTS 14 17. VISION 2025 SIGNAGE 14 18. PAYMENT OF THE COSTS OF BONDS OR NOTES 14 19. GENERAL CONDITIONS 14 19.1. Nonwaiver 15 19.2. The Board’s Satisfaction 15 19.3. Establishment of Facts 15 19.4. Relationship of Parties 15 19.5. Conditions for Exclusive Benefit of the Board 15 19.6. Notices 15 19.7. Amendment; Waiver 16 19.8. Rights and Remedies 16 19.9. Governing Law 16 19.10. Third Party Beneficiary 16 19.11. Prohibition Against Assignment 16 19.12. Entire Agreement 16 19.13. Captions and Paragraph Headings 17 19.14. Time of Essence 17 19.15. Binding Effect 17 19.16. Severability 17 19.17. Invalidity of Provisions 17
Termination of Advances. The Lender will have no obligation to make any advances under the Working Capital Note if a Default has occurred hereunder or under any of the Loan Documents.
Termination of Advances. Notwithstanding anything in this Agreement to the contrary, the Borrower shall have no right to obtain from the Banks, and the Banks shall have no obligation to lend to Borrower, any additional sums under this Agreement after the Advance Termination Date.
Termination of Advances. (a) If, within one year from the date hereof, the Borrower has not complied with all conditions precedent to the first advance of funds on account of the Loan, including the submission of a requisition therefor in compliance with section 2.2 hereof, the Administrator may, at any time or times thereafter, request the Borrower in writing to advise the Administrator whether the Borrower will be able to comply with such conditions and, if so, to submit evidence to the Administrator, within thirty days, of the Borrower's need for additional time for compliance with such conditions. Upon consideration of such evidence, if any, and all other relevant circumstances, the Administrator may, in his discretion, by written notice to the Borrower, terminate any obligation of the Government to advance any funds on account of the Loan to the Borrower, and such action by the Administrator shall be conclusive.
Termination of Advances. Upon the occurrence of any Event of Default, the Bank may refuse to make an Advance under the Facility and the Bank shall have no further obligation to make any Advances as long as said Event of Default shall continue uncured or unwaived. In the event that the Bank elects to terminate the making of Advances as provided herein, the Bank shall give written notice of such election to Borrower, but the failure of the Bank to give such notice or of the Borrower to receive such notice shall in no way obligate the Bank to continue making Advances after the occurrence of an Event of Default.
