Common use of Termination by the Borrower Clause in Contracts

Termination by the Borrower. The Borrower may terminate this Agreement at any time upon 30 days' prior written notice to the Lender so long as no Letter of Credit has been issued and is outstanding with an expiration date after such date, and, subject to payment and performance of all Obligations, may obtain any release or termination of the Security Interest to which the Borrower is otherwise entitled by.

Termination by the Borrower. The Borrower may ------------------------------ terminate this Agreement at any time upon 30 days' prior written notice to the Lender so long as no Letter of Credit has been issued and is outstanding with an expiration date after such date, and, subject to payment and performance of all Obligations, may shall be entitled to obtain any release or termination of the Security Interest to which the Borrower is otherwise entitled byby law.