Termination of Facilities Sample Clauses

Termination of Facilities. Declare the principal of and interest on the Loans, the Revolving Credit Notes at the time outstanding, and all other amounts owed to the Lenders and Agents under this Agreement or any of the other Loan Documents and all other Obligations, to be forthwith due and payable, whereupon the same shall immediately become due and payable without presentment, demand, protest or other notice of any kind, all of which are expressly waived, anything in this Agreement or the other Loan Documents to the contrary notwithstanding, and terminate the Credit Facility and any right of the Borrower to request borrowings thereunder; provided, that upon the occurrence of an Event of Default specified in Section 10.1(h) or (i), the Credit Facility shall be automatically terminated and all Obligations shall automatically become due and payable.
Termination of Facilities. From and after the date on which an Event of Default under Section 17.1.11 occurs, without any action or notice by Lenders or Administrative Agents, and Lenders shall have no obligation to make any further or subsequent Advances, except with regards to Approvals issued in accordance with this Agreement. Upon the occurrence and during the continuance of any other Event of Default, Administrative Agents may, or upon the written instruction of Required Lenders shall, cancel the Facilities.
Termination of Facilities. Automatic. Upon the occurrence of an Event of Default specified in Sections 11.1(e) or 11.1(f), (A)(i) the principal of, and all accrued interest on, the Loans and the Notes at the time outstanding, (ii) an amount equal to the Stated Amount of all Letters of Credit outstanding as of the date of the occurrence of such Event of Default and (iii) all of the other Obligations of the Borrower, including, but not limited to, the other amounts owed to the Lenders and the Administrative Agent under this Agreement, the Notes or any of the other Loan Documents shall become immediately and automatically due and payable by the Borrower without presentment, demand, protest, or other notice of any kind, all of which are expressly waived by the Borrower and (B) the Commitments and the obligation of the Lenders to make Loans hereunder, and the obligation of the Administrative Agent to issue Letters of Credit hereunder, shall immediately and automatically terminate.
Termination of Facilities. Where a Transaction Document specifies that a facility can be terminated by the Lender at any time, the Lender may at any time do either of the things specified in (1) or (2) of clause 5.2(a) of the Common Terms Deed whether or not an Event of Default has occurred. [*] Confidential Treatment Requested WESTPAC AMENDED AND RESTATED FACILITY AGREEMENT 11 ADDITIONAL BORROWERS
Termination of Facilities. 13 Section 4.01. Right to Terminate Credit Facility 13 Section 4.02. Procedure for Terminating Credit Facility 13 ARTICLE 5 CONDITIONS PRECEDENT TO ALL REQUESTS 14 Section 5.01. Conditions Applicable to All Requests 14 Section 5.02. Conditions Precedent to Initial Advance 16 Section 5.03. Conditions Precedent to the Future Advance 16 Section 5.04. [Reserved.] 17 Section 5.05. Conditions Precedent to Release of Mortgaged Property from the Collateral Pool 17 Section 5.06. Conditions Precedent to Substitution of a Substitute Mortgaged Property into the Collateral Pool 18 Section 5.07. Conditions Precedent to Termination of Credit Facility 19 Section 5.08. Opinion Relating to Initial Advance or Substitution Request 19 Section 5.09. Delivery of Property-Related Documents 20 Section 5.10. Conditions Precedent to Letters of Credit 21 ARTICLE 6 REPRESENTATIONS AND WARRANTIES 22 Section 6.01. Representations and Warranties of Borrower Parties 22 Section 6.02. Representations and Warranties of Lender 23 ARTICLE 7 AFFIRMATIVE COVENANTS OF BORROWER 23 Section 7.01. Compliance with Agreements 23 Section 7.02. Maintenance of Existence 23 Section 7.03. Maintenance of REIT Status 23 Section 7.04. Financial Statements; AccountantsReports; Other Information 24 Section 7.05. Confidentiality of Certain Information 26 Section 7.06. Access to Records; Discussions With Officers and Accountants 26 Section 7.07. Certificate of Compliance 27 Section 7.08. Maintain Licenses 27 Section 7.09. Inform Lender of Material Events 27 Section 7.10. Compliance with Applicable Laws 28 Section 7.11. Alterations to the Mortgaged Properties 28 Section 7.12. Loan Document Taxes 29 Section 7.13. Further Assurances 30 Section 7.14. Transfer of Ownership Interests in Borrower and Guarantor 30 Section 7.15. Transfer of Ownership of Mortgaged Property 33 Section 7.16. Change in Senior Management 36 Section 7.17. Date-Down Endorsements 36 Section 7.18. Ownership of Mortgaged Properties 36 Section 7.19. Change in Property Manager 36 Section 7.20. Term of BRE Property Investors LLC 36 Section 7.21. ROFO on Arizona Properties 37 ARTICLE 8 FINANCIAL COVENANTS 37 Section 8.01. Cash on Hand 37 Section 8.02. Net Worth 37 ARTICLE 9 NEGATIVE COVENANTS OF BORROWER AND GUARANTOR 38 Section 9.01. Other Activities 38 Section 9.02. Liens 38 Section 9.03. Indebtedness 38 Section 9.04. Principal Place of Business 39 Section 9.05. Condominiums 39 Section 9.06. Restrictions on Distributions 39 Section 9.07. Conduct of ...
Termination of Facilities. ...........................................................................14 SECTION 5.01. Right to Complete or Partial Termination of Facilities...................................14 SECTION 5.02. Procedure for Complete or Partial Termination of Facilities..............................14 SECTION 5.03. Right to Terminate Credit Facility.......................................................14 SECTION 5.04. Procedure for Terminating Credit Facility................................................15 ARTICLE 6 CONDITIONS PRECEDENT TO ALL REQUESTS...................................................................15 SECTION 6.01. Conditions Applicable to All Requests....................................................15 SECTION 6.02. Conditions Precedent to Initial Advance..................................................17 SECTION 6.03. Conditions Precedent to Future Advances..................................................17 SECTION 6.04. Conditions Precedent to Addition of an Additional Mortgaged Property to the Collateral Pool...............................................................................................18
Termination of Facilities. Where a Transaction Document specifies that a facility can be terminated by the Lender at any time, the Lender may at any time do either of the things specified in clause 5.2(a)(1) or 5.2(a)(2) of the Common Terms Deed whether or not an Event of Default has occurred.
Termination of Facilities. 91 16.3.2. Acceleration; Funding...........................91 16.3.3. Right of Set-off................................91 16.3.4. Notice to Account Debtors.......................92 16.3.5. Entry Upon Premises and Access to Information...92 16.3.6.
Termination of Facilities. If any Loan Party is or becomes subject at any time to any law, regulation, or list of any Government Authority of the United States (including, without limitation, the U.S. Office of Foreign Asset Control list) that prohibits the Lenders or the Administrative Agent from making any advance or extension of credit to Borrower or from otherwise conducting business with the Loan Parties, then the Administrative Agent may, and upon the written request of the Required Lenders shall, by notice to the Borrower, take any or all of the following actions, at the same or different times: (i) terminate the Commitments, whereupon the Commitment of each Lender shall terminate immediately, and (ii) declare the principal of and any accrued interest on the Loans, and all other Obligations owing hereunder, to be, whereupon the same shall become, due and payable immediately, without presentment, demand, protest or other notice of any kind, all of which are hereby waived by the Borrower.