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 prepay the Term Advances (other than in accordance with Section 2.7), terminate the Credit Facility or reduce the Maximum Line at any time if it (i) gives the Lender at least 30 days' prior written notice and (ii) pays the Lender the prepayment, termination or line reduction fees in accordance with Section 2.13. Any prepayment of the Term Advances (other than in accordance with Section 2.7) or reduction in the Maximum Line must be in an amount not less than $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. Any partial prepayments of the Term Notes (other than in accordance with Section 2.7) shall be applied to principal payments due and owing in inverse order of their maturities. 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 prepay the Term Advance or the CapEx Advances (other than in accordance with Section 2.72.3 or Section 2.5), terminate the Credit Facility or reduce the Maximum Line at any time if it (i) gives the Lender at least 30 days' prior written notice and (ii) pays the Lender the prepayment, termination or line reduction fees in accordance with Section 2.132.11. Any prepayment of the Term Advance or the CapEx Advances (other than in accordance with Section 2.72.3 or Section 2.5) or reduction in the Maximum Line must be in an amount not less than $250,000.00 100,000 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. Any partial prepayments of the Term Notes Note or the CapEx Note (other than in accordance with Section 2.72.3 or Section 2.5) shall be applied to principal payments due and owing in inverse order of their maturities. 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 prepay the Term Advances (other than in accordance with Section 2.7), terminate the Credit Facility or reduce the Maximum Line at any time if it (i) gives the Lender at least 30 days' prior written notice and (ii) pays the Lender the prepayment, termination or line reduction fees in accordance with Section 2.13. Any prepayment of the Term Advances (other than in accordance with Section 2.7) or reduction in the Maximum Line must be in an amount not less than $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. Any partial prepayments of the Term Notes Note (other than in accordance with Section 2.7) shall be applied to principal payments due and owing in inverse order of their maturities. 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 prepay the Term Advances Advance and the Capital Expenditures Advance (other than in accordance with Section 2.72.7.1(a) and 2.7.2(a)), and terminate the Credit Facility or reduce the Maximum Line at any time if it (i) gives the Lender at least 30 days' prior written notice and (ii) pays the Lender the prepayment, termination or line reduction fees in accordance with Section 2.13notice. Any prepayment of the Term Advances Advance and the Capital Expenditure Advance (other than in accordance with Section 2.72.7.1(a) and 2.7.2(a)) or reduction in the Maximum Line must be in an amount not less than $250,000.00 or an integral multiple thereof. No reduction of the Maximum Line shall in any way effect affect the Minimum Interest Charges. If the Borrower reduces the Maximum Line to zero, all Obligations shall be immediately due and payable. Any partial prepayments of the Term Notes Note and the Capital Expenditures Note (other than in accordance with Section 2.72.7.1(a) and 2.7.2(a)) shall be applied to principal payments due and owing in inverse order of their maturities. 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.