Common use of TERMINATION OF THE CREDIT FACILITY BY THE BORROWER Clause in Contracts

TERMINATION OF THE CREDIT FACILITY BY THE BORROWER. Except as otherwise provided herein, the Borrower may prepay the Revolving Advances in whole at any time or from time to time in part. The Borrower may terminate the Credit Facility or reduce the Maximum Line at any time if it (vi) gives the Lender at least 20 days' prior written notice and (vii) pays the Lender the prepayment, termination or line reduction fees in accordance with Section 2.11. Any reduction in the Maximum Line must be in an amount not less than $1,000,000 or an integral multiple thereof. If the Borrower reduces the Maximum Line to zero, all Obligations shall be immediately due and payable. Upon termination of the Credit Facility and payment and performance of all Obligations, the Lender shall release or terminate the Security Interest and the Security Documents to which the Borrower is entitled by law.

TERMINATION OF THE CREDIT FACILITY BY THE BORROWER. Except as otherwise provided herein, the Borrower may prepay the Revolving Advances in whole at any time or from time to time in part. The Borrower may terminate the Credit Facility or reduce the Maximum Line at any time if it (vi) gives the Lender at least 20 30 days' prior written notice and (vii) pays the Lender the prepayment, termination or line reduction fees in accordance with Section 2.11notice. Any reduction in the Maximum Line must be in an amount not less than $1,000,000 250,000.00 or an integral multiple thereof. No reduction of the Maximum Line shall in any way effect the Minimum Interest Charges. If the Borrower reduces the Maximum Line to zero, all Obligations shall be immediately due and payable. Upon termination of the Credit Facility and payment and performance of all Obligations, the Lender shall release or terminate the Security Interest and the Security Documents to which the Borrower is entitled by law.

TERMINATION OF THE CREDIT FACILITY BY THE BORROWER. Except as otherwise provided herein, the Borrower may prepay the Revolving Advances in whole at any time or from time to time in part. The Borrower may terminate the Credit Facility or reduce the Maximum Line at any time if it (vii) gives the Lender at least 20 thirty (30) days' prior written notice and (viiii) pays the Lender the prepayment, termination or line reduction fees in accordance with Section 2.11. Any reduction in the Maximum Line must be in an amount not less than One Million Dollars ($1,000,000 1,000,000) or an integral multiple thereof. If the Borrower reduces the Maximum Line to zero, all Obligations shall be immediately due and payable. Upon termination of the Credit Facility and payment and performance of all Obligations, the Lender shall release or terminate the Security Interest and the Security Documents to which the Borrower is entitled by law.

TERMINATION OF THE CREDIT FACILITY BY THE BORROWER. Except as otherwise provided herein, the Borrower may prepay the Revolving Advances in whole at any time or from time to time in part. The Borrower may terminate the Credit Facility or reduce the Maximum Line at any time if it (vii) gives the Lender at least 20 30 days' prior written notice and (viiii) pays the Lender the prepayment, termination or line Maximum Line reduction fees in accordance with Section 2.112.6(c). Any reduction in the Maximum Line must be in an amount of not less than $1,000,000 100,000 or an integral multiple thereof. If the Borrower reduces the Maximum Line to zero, all Obligations shall be immediately due and payable. Upon Subject to termination of the Credit Facility and payment and performance of all Obligations, the Lender shall shall, at the Borrower's expense, release or terminate the Security Interest and the Security Documents to which the Borrower is entitled by law.