PREPAYMENT AND REDUCTION. Any advance may be prepaid in any amount at any time, and PHI may incrementally reduce or cancel the Revolving Line of Credit at any time without penalty upon giving Bank one day's notice.
Appears in 2 contracts
Sources: Loan Agreement (Petroleum Helicopters Inc), Loan Agreement (Helicopter Management LLC)
PREPAYMENT AND REDUCTION. Any advance may be prepaid in any amount at any time, and PHI may incrementally reduce or cancel the Revolving Line of Credit at any time without penalty upon giving Bank one day's ’s notice.
Appears in 1 contract
Sources: Loan Agreement (Phi Inc)