Prepayment Fees and Acceleration. The Term Loan Prepayment Fee also shall be due and payable by Borrower to Lender if Lender accelerates the payment of the Obligations on or before February 28, 2014 due to the occurrence of an Event of Default.
Appears in 1 contract
Sources: Loan Agreement (Elio Motors, Inc.)
Prepayment Fees and Acceleration. The Term Revolving Loan Prepayment Fee also shall be due and payable by Borrower to Lender if Lender accelerates the payment of the Obligations on or before February 28November 13, 2014 2017 due to the occurrence of an Event of Default.
Appears in 1 contract
Sources: Loan Agreement (Sysorex Global)