Common use of Early Termination of Commitment Clause in Contracts

Early Termination of Commitment. The Borrower may at any time terminate the Bank's commitment to extend credit hereunder by giving no less than five Business Days' prior notice to the Bank and paying in full the entire amount of credit outstanding hereunder, together with any sums due under Section 3.11. All accrued commitment fees to, but not including the effective date of any termination of the commitment, shall be paid on the effective date of such termination. 7

Early Termination of Commitment. The Borrower may at any time ------------------------------- terminate the Bank's commitment to extend credit hereunder by giving no less than five Business Days' prior notice to the Bank and paying in full the entire amount of credit outstanding hereunder, together with any sums due under Section 3.11. All accrued commitment fees to, but not including the effective date of any termination of the commitment, shall be paid on the effective date of such termination. 7.