Common use of Renewal Date Clause in Contracts

Renewal Date. This Agreement shall terminate and the Revolving Line shall mature and be due and payable in full two (2) years from the date hereof, provided, however, any Loan, as hereinafter defined, then outstanding pursuant to this Agreement shall continue in full force and effect according to its terms so long as no Event of Default (as hereinafter defined) shall have occurred hereunder. This Agreement may be renewed upon such terms and conditions as the parties hereto mutually agree.

Appears in 3 contracts

Sources: Master Line of Credit Loan Agreement (Inspire Veterinary Partners, Inc.), Master Line of Credit Loan Agreement (Inspire Veterinary Partners, Inc.), Master Line of Credit Loan Agreement (Inspire Veterinary Partners, Inc.)