Common use of the Termination Date Clause in Contracts

the Termination Date. The Borrower may prepay the outstanding amount of any Tender Advance in whole or in part, together with accrued interest to the date of such prepayment on the amount prepaid. The Borrower shall notify the Bank prior to 11:00 A.M. Charlotte, North Carolina time on the date of such prepayment of the amount to be prepaid.

Appears in 3 contracts

Sources: Letter of Credit and Reimbursement Agreement (Chesapeake Biological Laboratories Inc), Letter of Credit and Reimbursement Agreement (Lunn Industries Inc /De/), Letter of Credit and Reimbursement Agreement (Medical Action Industries Inc)