Common use of Termination; Repayment Clause in Contracts

Termination; Repayment. The Revolving Line terminates on the Revolving Line Maturity Date, when the. principal amount of all Advances, the unpaid interest thereon, and all other Obligations relating to the Revolving Line shall be immediately due and payable. Borrower may terminate this Agreement at any time upon thirty (30) days advance written notice; provided that Borrower repays all Obligations and all outstanding Letters of Credit (including drawn but unreimbursed Letters of Credit and any Letter of Credit Reserve) are secured by cash on terms acceptable to Bank.

Termination; Repayment. The Revolving Line terminates on the Revolving Line Maturity Date, when the. the principal amount of all Advances, the unpaid interest thereon, and all other Obligations relating to the Revolving Line shall be immediately due and payable. Notwithstanding the foregoing, Borrower may shall have the right to terminate this Agreement at any time the Revolving Line upon thirty three (303) days advance Business Days’ written notice; provided that Borrower repays notice to Bank so long as all Obligations have been paid in full and Borrower has complied with Section 2.1.2(b) with regard to all outstanding Letters of Credit (including drawn but unreimbursed Letters of Credit and any Letter of Credit Reserve) are secured by cash on terms acceptable to BankCredit.

Termination; Repayment. The Revolving Line terminates on the Revolving Line Maturity Date, when the. the principal amount of all Advances, the unpaid interest thereon, and all other Obligations relating to the Revolving Line shall be immediately due and payable. Subject to Section 12.11, Borrower may shall have the right to terminate this Agreement the Revolving Line at any time upon thirty by delivering written notice to Bank at least 15 days prior to the effective date of termination specified in such notice (30) days advance written notice; provided that Borrower repays all Obligations and all outstanding Letters of Credit (including drawn but unreimbursed Letters of Credit and any Letter of Credit Reserve) are secured by cash on terms acceptable to Bank.the

Termination; Repayment. The Revolving Line terminates on the Revolving Line Maturity Date, when the. the principal amount of all Advances, the unpaid interest thereon, and all other Obligations relating to the Revolving Line shall be immediately due and payable. Provided that all Obligations hereunder have been repaid, the Borrower may terminate this Agreement without penalty or premium at any time upon thirty not less than five (305) days advance Business Days prior written notice; provided that Borrower repays all Obligations and all outstanding Letters of Credit (including drawn but unreimbursed Letters of Credit and any Letter of Credit Reserve) are secured by cash on terms acceptable notice to Bank.