Termination of Facility. 6.1 The Facility is repayable on demand and may be varied or terminated in the absolute discretion of the Company. In particular the Facility will be terminated upon the occurrence of any one or more of the following events:
Termination of Facility. The Borrowers may terminate this Agreement upon at least ten (10) Business Days' notice to the Agent and the Lenders, upon (a) the payment in full of the outstanding Term Loans, together with accrued interest thereon, and (b) the payment in full in cash of all reimbursable expenses and other Obligations.
Termination of Facility. The Borrowers may terminate this Agreement ----------------------- upon at least thirty (30) Business Days' notice to the Agent and the Lenders, upon (a) the payment in full of all outstanding Revolving Loans, together with accrued interest thereon, and the cancellation of all outstanding Letters of Credit, (b) the payment of the early termination fee set forth in the next sentence, (c) the payment in full in cash of all other Obligations together with accrued interest thereon, and (d) with respect to any LIBOR Rate Loans prepaid in connection with such termination prior to the expiration date of the Interest Period applicable thereto, the payment of the amounts described in Section 5.4. ----------- If this Agreement is terminated at any time prior to the Stated Termination Date, whether pursuant to this Section or pursuant to Section 11.2, ------------ the Borrowers shall pay to the Agent, for the account of the Lenders, an early termination fee determined in accordance with the following table: PERIOD DURING WHICH EARLY EARLY TERMINATION TERMINATION OCCURS FEE ----------------------------- -------------------- On or prior to the 2% of the average Loans first Anniversary Date and Letters of Credit outstanding during the 180 days (or lesser period if within 180 days of the Closing Date) prior to the date of termination. After the first 1% of the average Loans Anniversary Date but and Letters of Credit on or prior to the outstanding during the second Anniversary Date 180 days prior to the date of termination. provided, however, that if, after the first Anniversary Date, Borrowers elect to prepay the Loans from a facility agented by Bank of America or any of its Affiliates or successors, then Borrowers may prepay all Obligations without any early termination fee.
Termination of Facility. 44 4.3 Payments by the Borrower.......................................................................45 4.4 Payments as Revolving Loans....................................................................46 4.5 Apportionment, Application and Reversal of Payments............................................46 4.6
Termination of Facility. The Borrower may terminate this Agreement upon at least thirty (30) Business Days’ notice to the Agent and the Lenders, upon (a) the payment in full of all outstanding Revolving Loans, together with accrued interest thereon, (b) the payment of the early termination fee set forth in the next sentence, (c) the payment in full in cash of all other Obligations together with accrued and unpaid interest thereon, and (d) with respect to any LIBOR Rate Loans prepaid in connection with such termination prior to the expiration date of the Interest Period applicable thereto, the payment of the amounts described in Section 5.4. If this Agreement is terminated at any time prior to the Stated Termination Date, whether pursuant to this Section or pursuant to Section 11.2, the Borrower shall pay to the Agent, for the account of the Lenders, an early termination fee equal to (i) one half of one percent (0.5%) of the Maximum Revolver Amount if such termination occurs more than one year prior to the Stated Termination Date, or (ii) one quarter of one percent (0.25%) of the Maximum Revolver Amount if such termination occurs within the year prior to the Stated Termination Date.
Termination of Facility. The Borrower may terminate this Agreement upon at least thirty (30) Business Days' notice to the Agent and the Lenders, upon (a) the payment in full of all outstanding Revolving Loans, together with accrued interest thereon, (b) the prepayment in full of the Loans, together with accrued interest thereon, (c) the payment of the early termination fee set forth in the next sentence, (d) the payment in full in cash of all other Obligations together with accrued interest thereon, and (e) with respect to any LIBOR Rate Loans prepaid in connection with such termination prior to the expiration date of the Interest Period applicable thereto, the payment of
Termination of Facility. 7.1 The Facility is repayable on demand and may be varied or terminated in the absolute discretion of WLSL. In particular the Facility will be terminated upon the occurrence of any one or more of the following events:-
Termination of Facility. The Borrower may terminate this Agreement upon at least five (5) Business Days' notice to the Agent and the Lenders, upon (a) the payment in full of all outstanding Loans, together with accrued interest thereon, and (b) the payment in full in cash of all other Obligations together with accrued and unpaid interest thereon.
Termination of Facility. The Borrower may terminate this Agreement upon at least ten (10) Business Days' notice to the Agent and the Lenders, upon (a) the payment in full of all outstanding Revolving Loans, together with accrued interest thereon, and the cancellation of all outstanding Letters of Credit, (b) the payment of the early termination fee set forth in the next sentence, (c) the payment in full in cash of all other outstanding monetary Obligations together with accrued interest thereon, if any, and (d) with respect to any LIBOR Revolving Loans prepaid in connection with such termination prior to the expiration date of the Interest Period applicable thereto, the payment of the amounts described in Section 5.4. If this Agreement is terminated at any time prior to the Stated Termination Date, whether pursuant to this Section or pursuant to Section 11.2, the Borrower shall pay to the Agent, for the account of the Lenders, an early termination fee determined in accordance with the following table: PERIOD DURING WHICH EARLY EARLY TERMINATION FEE TERMINATION OCCURS --------------------- ------------------ On or prior to the first Anniversary Date $2,700,000 After the first Anniversary Date but on or prior to $1,350,000 the second Anniversary Date After the second Anniversary Date 0 provided that in the event this Agreement is refinanced pursuant to a credit agreement under which BABC or an Affiliate of BABC is the agent or the sole lender, then no early termination fee shall be payable hereunder.
Termination of Facility. 9.3.1 The Facility is repayable on demand and may be varied or terminated in the absolute discretion of CIF. In particular the Facility will be terminated upon the occurrence of any one or more of the following events:
