Common use of Prepayment In Full Clause in Contracts

Prepayment In Full. The Borrower may, upon at least sixty (60) days prior written notice to the Administrative Agent, terminate this Agreement by paying to the Administrative Agent, in cash, the Obligations, in full. If the Borrower has sent a notice of termination pursuant to this clause (ii), then the Lenders’ obligations to extend credit hereunder shall terminate and the Borrower shall be obligated to repay the Obligations, in full, on the date set forth as the date of termination of this Agreement in such notice.

Appears in 2 contracts

Samples: Financing Agreement (Imperial Holdings, LLC), Financing Agreement (Imperial Holdings, LLC)

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Prepayment In Full. The Borrower Borrowers may, upon at least sixty (60) days 3 Business Days prior written notice to the Administrative Agent, terminate this Agreement by paying to the Administrative Agent, in cash, the Obligations, Obligations in full, including, without limitation, the amounts specified in Section 2.05(e). If the Administrative Borrower has sent a notice of termination pursuant to this clause (ii), then the Lenders’ obligations to extend credit hereunder shall terminate and the Borrower Borrowers shall be obligated to repay the Obligations, Obligations in full, including, without limitation, the amounts specified in Section 2.05(e), on the date set forth as the date of termination of this Agreement in such notice.

Appears in 2 contracts

Samples: Financing Agreement (Angie's List, Inc.), Financing Agreement (Angie's List, Inc.)

Prepayment In Full. The Borrower Borrowers may, upon at least sixty (60) days prior written notice to the Administrative Agent, terminate this Agreement by paying to the Administrative Agent, in cash, the Obligations, Obligations in full. If the Administrative Borrower has sent a notice of termination pursuant to this clause (iiiii), then the Lenders’ obligations to extend credit hereunder shall terminate and the Borrower shall be obligated to repay the Obligations, in fullthen, on the date set forth as the date of termination of this Agreement in such notice, the Lenders’ obligations to extend credit hereunder shall terminate and the Borrowers shall be obligated to repay the Obligations in full.

Appears in 1 contract

Samples: Financing Agreement (Gordon Biersch Brewery Restaurant Group, Inc.)

Prepayment In Full. The Borrower Borrowers may, upon at least sixty (60) 3 days prior written notice to the Administrative Agent, terminate this Agreement by paying to the Administrative Agent, in cash, the Obligations, Obligations in full, including, without limitation, the amounts specified in Section 2.05(e). If the Administrative Borrower has sent a notice of termination pursuant to this clause (ii), then the Lenders’ obligations to extend credit hereunder shall terminate and the Borrower Borrowers shall be obligated to repay the Obligations, Obligations in full, including, without limitation, the amounts specified in Section 2.05(e), on the date set forth as the date of termination of this Agreement in such notice.

Appears in 1 contract

Samples: Financing Agreement (Lifevantage Corp)

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Prepayment In Full. The Borrower Borrowers may, upon at least sixty thirty (6030) days prior written notice to the Administrative Agent, terminate this Agreement by paying to the Administrative Agent, in cash, the Obligations, Obligations in full. If the Administrative Borrower has sent a notice of termination pursuant to this clause (ii), then the Lenders' obligations to extend credit hereunder shall terminate and the Borrower Borrowers shall be obligated to repay the Obligations, Obligations in full, on the date set forth as the date of termination of this Agreement in such notice.

Appears in 1 contract

Samples: Financing Agreement (Foster Wheeler LTD)

Prepayment In Full. The Borrower Borrowers may, upon at least sixty thirty (6030) days prior written notice to the Administrative Agent, terminate this Agreement by paying to the Administrative Agent, in cash, the ObligationsObligations in full and pay the Applicable Prepayment Premium, in fullif any. If the Administrative Borrower has sent a notice of termination pursuant to this clause (iiiii), then the Lenders’ obligations to extend credit hereunder shall terminate and the Borrower Borrowers shall be obligated to repay the ObligationsObligations in full and pay the Applicable Prepayment Premium, in fullif any, on the date set forth as the date of termination of this Agreement in such notice.

Appears in 1 contract

Samples: Financing Agreement (Horizon Offshore Inc)

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